Leading Crypto Derivatives Exchange Bit.com Set to Launch Bitcoin Cash Options – Finance Bitcoin News

On January 21, the derivatives exchange by Matrixport, Bit.com, announced the launch of the first bitcoin cash perpetual swaps and options. The exchange says before the product launch there was no options market for bitcoin cash and the firm believes there’s room for improvement in this arena of crypto derivatives. Bit.com to Launch Crypto Economy’s First Bitcoin Cash Options Market Bit.com, one of the leading derivatives trading platforms developed by Matrixport, has revealed the exchange plans to launch bitcoin cash (BCH) perpetual swaps and options. The exchange detailed that Bit.com…

Top Russian bank Sberbank plans to launch its stablecoin by spring 2021

Sberbank, the largest state-owned bank in Russia, has reportedly filed an application with the Bank of Russia to launch a blockchain platform for its “Sbercoin” stablecoin. Sergey Popov, director of the transaction business at Sberbank, announced the news on Jan. 21 at a local financial event Russian news agency Interfax reports. At “Digital transformation and prospects for regulating the digital economy,” Popov said that Sberbank applied with the central bank in early January, explaining that the registration procedure usually takes no longer than 45 days. As such, the bank may…

CoinShares to launch $200m Bitcoin ETP on Swiss stock exchange

Digital asset manager CoinShares is launching a Bitcoin exchange-traded product, or ETP, on the SIX Swiss Exchange. According to a report from Bloomberg today, the Bitcoin ETP will go live on Switzerland’s principal stock exchange tomorrow under the ticker symbol BITC. Each ETP will be physically backed by 0.001 Bitcoin (BTC) — worth roughly $36 at the time of publication. The custodian behind the ETP will be Komainu, the custodian established by CoinShares in partnership with Japanese bank Nomura Holdings and hardware wallet manufacturer Ledger during June 2020. “A lot…

AC Milan Partners with Chiliz to Launch Fan Token $ACM on Socios.com

New owners of $ACM tokens will be privileged to take part in the AC Milan major decision-making process. Professional football club AC Milan has announced a groundbreaking partnership with leading sport-focused blockchain company Chiliz to launch a fan-based token $ACM on Socios.com. According to the partnership’s statement, new owners of $ACM tokens will be privileged to take part in the AC Milan major decision-making process. Speaking during the announcement, Casper Stylsvig, Chief Revenue Officer of AC Milan said the partnership is a major move towards modernization, particularly digitization of the…

Enjin (ENJ) Allies with Miss Bitcoin to Launch the First NFT Project in Japan

Gracone Inc, an educational platform highlighting the use of blockchain and non-fungible tokens, particularly in charity, is partnering with Enjin to launch the first Japanese NFT charity project via Kizuna, a hub that aims to change the society through sustainable development goals by leveraging on the blockchain, an announcement on Jan 18 reveals. Tokenizing Art on Enjin Through the Kizuna platform, the project’s objective will be to raise funds for supporting teenagers affected by the coronavirus pandemic. Kizuna launched in 2017 as a cryptocurrency donating platform. Its CEO is Mai…

Stacks’ big week sees major partnerships follow mainnet launch

Stacks, an open-source network for building smart-contract and DeFi bridges to Bitcoin (BTC), has secured several major partnerships in the wake of its mainnet launch — sending a strong signal that industry players are keen to back new use cases for BTC. The Stacks 2.0 mainnet officially launched on Thursday, bringing the promise of new use cases for Bitcoin based on the Clarity smart contract language. As Cointelegraph reported, Stacks 2.0 is attempting to broaden Bitcoin’s utility beyond the digital-gold narrative to include decentralized finance and smart contracts. That includes…

Stacks announces major partnerships following mainnet launch

Stacks, an open-source network for building smart-contract and DeFi bridges to Bitcoin (BTC), has secured several major partnerships in the wake of its mainnet launch — sending a strong signal that industry players are keen to back new use cases for BTC. The Stacks 2.0 mainnet officially launched on Thursday, bringing the promise of new use cases for Bitcoin based on the Clarity smart contract language. As Cointelegraph reported, Stacks 2.0 is attempting to broaden Bitcoin’s utility beyond the digital-gold narrative to include decentralized finance and smart contracts. That includes…