Share Internet Data Launches Banking App in Tandem With LDJ Capital

Internet crowdsourcing company Share Internet Data Ltd (SID) has partnered with private equity firm LDJ Capital to launch a blockchain-based digital banking solution. The new digital banking app is called LDJ Digital, according to a press release on July 16. According to the announcement, LDG Digital can function as a debit card and it supports both fiat money and cryptocurrencies. Moreover, the professed goal of LDJ Digital is to provide banking services to the unbanked, as per the report. LDJ Digital will reportedly be a part of the existing SID…

Brazilian State Launches Blockchain Platform for Government Contract Bids

In Brazil, the state of Bahia has launched a blockchain application to track the process of public bidding on government contracts, according to a report by Cointelegraph Brazil on July 12. The blockchain-based solution, called Online Bid Solution (SOL) was reportedly developed by Cayenne Technology and Design. Bids will reportedly be completely transparent and secure due with the application of blockchain tech. According to Bahia government, the intended beneficiaries of SOL appear to be the Brazilian agriculture industry. The solution is designed to help connect agriculture organizations in Bahia with…

Binance Launches Bitcoin Margin Trading on 2.0 Platform with 3x Leverage

Binance, the world’s largest cryptocurrency exchange by trading volume, has officially launched a margin trading platform. After strong demand from traders, the Binance 2.0 platform will allow users to leverage their trades across six digital assets: Bitcoin (BTC), Binance Coin (BNB), Ethereum (ETH), XRP, Tether (USDT), and Tron (TRX). #Binance Launches Margin Trading service for Evolving Cryptocurrency Traders Binance Margin is now available to all eligible users. #TradingEvolvedhttps://t.co/GPDIwKtO6E pic.twitter.com/85DtUtsJC5 — Binance (@binance) July 11, 2019 Margin trading on Binance The new margin functionality allows Binance users to amplify their trades…

Binance Launches Platform ‘2.0’ as Margin Trading Goes Live

The top crypto exchange by trading volume, Binance, has launched version 2.0 of its platform – a move that officially adds margin trading for its customers. The firm revealed that margin trading was on the way in late May, and said that the service would feature up to 20x leverage soon after. In an announcement Thursday, Binance indicated that leverage (the amount that can be borrowed against a user’s crypto collateral) is just 3x, however. “Your Margin Wallet balance determines the amount of funds you can borrow, following a fixed…

Binance Launches Platform ‘2.0’ as Margin Trading Goes Live

The top crypto exchange by trading volume, Binance, has launched version 2.0 of its platform – a move that officially adds margin trading for its customers. The firm revealed that margin trading was on the way in late May, and said that the service would feature up to 20x leverage soon after. In an announcement Thursday, Binance indicated that leverage (the amount that can be borrowed against a user’s crypto collateral) is just 3x, however. “Your Margin Wallet balance determines the amount of funds you can borrow, following a fixed…

Cadence Launches Blockchain-Based Tokenized Debt Marketplace

Cadence, an American blockchain-based alternative investment provider, has launched an investment platform for debt, according to a press release on July 10. By launching its private credit investment platform, Cadence aims to bring more transparency and efficiency to the asset class in order to help companies grow their businesses. Cadence turns commercial debt into digital tokens that can be traded on its platform. Private credit, or private debt, is a type of alternative investment which has only been accepted as a separate asset class very recently. Private debt investments are…

Korea’s LG Launches Blockchain Supply Chain Platform for School Lunches

LG CNS, a subsidiary of South Korean multinational conglomerate LG Corp., will apply blockchain to foster supply chain transparency for school cafeteria lunches. The news was reported by business technology site ZDNet on July 9. The new system — created in collaboration with local IT service provider SayIT — will be based on LG’s proprietary blockchain platform, “Monachain,” which first launched in May 2018.  In cooperation with regional governments, the system will be implemented for foods served at national school cafeterias and will provide transparent information and supply chain history…

Coinbase Competition Grows as Veteran CEX.io Launches US Office

Users of long-time Coinbase competitor CEX.io will have gotten an e-mail today informing them of the exchange’s decision to open a U.S. entity. It’s official!https://t.co/OPoleqNuJO has received a Money Transmitter License in 9 more states: Iowa, Kansas, New Mexico, Oklahoma, South Dakota, West Virginia, Maryland, Alaska, and New Hampshire.Welcome to secure and regulated #crypto trading! pic.twitter.com/xqxe0vq3mP — CEX.IO (@cex_io) July 5, 2019 Easy On-Ramps Everywhere You Look As one of the few exchanges to accept credit cards for several years now, CEX has finally decided to launch a U.S. wing.…

ShapeShift Stays Nimble in Changing Crypto World, Launches Asset Portal

It’s one thing to preach “not your keys, not your coin.” It’s another thing to help fix the problem. ShapeShift has spent the last year, according to a blog post from them, building a product that does exactly that without making it difficult for the user. Or so they say. Five years ago the original ShapeShift launched to the world… today the new ShapeShift emerges into open beta. “Building a Bridge to Financial Sovereignty by Erik Voorhees” https://t.co/VaIQKCtDpW #bitcoin #ethereum #blockchain #crypto #finance @ShapeShift_io — Erik Voorhees (@ErikVoorhees) July 8, 2019…

KuCoin Launches Bitcoin Derivatives Trading With 20x Leverage

IDG-backed cryptocurrency exchange KuCoin has just launched a platform offering crypto derivatives trading. Announced Monday, the KuMEX trading venue is now live in public beta and will offer initially a bitcoin perpetual contract (XBTUSDM), quoted in U.S. dollars, with up to 20x leverage. Aimed to make pricing “more fair and rigorous,” KuCoin said, KuMEX uses a bitcoin spot index providing a volume-weighted average of the U.S. dollar price of bitcoin across six exchanges: Coinbase Pro, Bitstamp, Kraken, Gemini, Liquid and Bittrex. The spot index also avoids a contract being liquidated “because of the…