Huobi Opens First Russian Office in Partnership with State Bank’s Digital Tech Center

Singapore-based cryptocurrency exchange Huobi has officially launched its first branch in Russia on Thursday, Dec. 6, according to a press release shared with Cointelegraph today. The Moscow-based exchange, dubbed Huobi Russia, is established in partnership with the state-owned Russian Development Bank’s (VEB) Digital Transformation Center and supported by Huobi’s regional exchange partnership program, Huobi Cloud. The Center of Digital Transformation was created by VEB to promote blockchain and other crypto-related technologies, as its website states. Back in September of this year, Huobi first joined Russia’s VEB Innovation Fund and became…

New Blockchain association opens up in Mexico

Blockchain Association has invited institutions to join There was recently seven founding members of the first Blockchain Association which included companies like GBM, Lvna Capital, Bitso, ConsenSys, Exponential Capital and BIVA. This was according to the Mexican Forbes article that was published on the 28th of November 2018, as the organizations are focused on educating Mexican citizens about the benefits of the Blockchain technology. This kind of technology will be able to form great safety standards for the industry in the coming years. Educating the public about the Blockchain Technology…

Hardware Wallet Ledger Opens New York Office to Develop Institutional Custody Offering

Cryptocurrency hardware wallet manufacturer Ledger announced it is expanding to New York as part of its development of institutional custody offering Ledger Vault, according to a press release shared with Cointelegraph Nov. 26. Ledger, which launched pre-access for Ledger Vault in May, has appointed former Intercontinental Exchange (ICE) executive Demetrios Skalkotos to lead the global business unit operations for the project. “New York City is the center of the financial world, hence having our Ledger Vault operations based in the region was a natural fit,” Ledger CEO Pascal Gauthier commented…

BlockShow Opens Pitch Competition in Singapore

BlockShow is preparing a live-streamed business pitch competition for startups, called EXP20, which will take place on Nov. 29, 2018. The event is a new segment of their Asia Blockchain Week programme, that will be hosted in Singapore from Nov. 27 until Dec. 1, 2018. Dubbed “the largest blockchain technology roadshow” by Venturebeat, Asia Blockchain Week addresses the rise of the Asian economy and the region’s growing interest in blockchain technology. Crypto colosseum EXP20 is a new startup competition show which will be livestreamed during the Asian Blockchain Week. Taking…

Bitmain Opens New Bitcoin Mining Facility in Washington State

Bitmain Opens New Bitcoin Mining Facility in Washington State November 19, 2018 by Ian Edwards Bitmain unveiled a new bitcoin mining facility in the United States on November 16th in the western state of Washington. With 8,100 Antminers and 12 megawatts of power capacity, the farm is carefully designed to optimize the mining process. It’s the latest sign that the company is not letting the crypto bear market slow it down. Also see: Jihan Wu: ‘I Have Huge Confidence in the Future of Bitcoin Cash’ Subscribe to the Bitsonline YouTube channel for great…

RSK Merges With New RIF OS, Opens Potential for Increased Interoperability

Bitcoin-built smart contract platform RSK (a.k.a. Rootstock) is merging with an offshoot established by its founders. The partnership will allow it to spread its roots to Ethereum — and beyond. The company has been acquired by RIF Labs, a development lab that was established by a handful of RSK’s own founders, including CEO Diego Gutierrez-Zaldivar and Chief Scientist Sergio Demian Lerner, who will both assume the same roles at RIF. “The RIF Labs founders also comprised renowned professionals with decades of experience in the financial and legal realms such as…

Crypto Exchange OKCoin Expands to Latin America & Opens Fiat Market

Twitter Facebook LinkedIn Popular cryptocurrency exchange OKCoin has recently revealed, through a press release shared with CCN, that it expanded to the Latin American market, with a platform that’s set to let users trade top cryptocurrencies against local fiat currencies. According to the release, OKCoin’s expansion to Latin America comes after it became a fully licensed platform to operate in the region. Initially, it will allow users in Argentina to deposit Argentine pesos (ARS) to the platform, which can then be traded with top cryptos like bitcoin, bitcoin cash, ethereum,…

Canadian Bank Opens Deposit Box for Cryptocurrency Firms

A Canadian bank says its digital safety deposit box is ready for prime time. VersaBank announced Thursday that its new VersaVault project had successfully completed beta testing. The digital-only bank plans to offer the virtual lockbox to cryptocurrency exchanges and crypto investment funds to store digital assets. VersaBank Director of Investor Relations Wade MacBain told CoinDesk that the bank has already received over 200 inquiries about VersaVault. In a statement, VersaBank CEO David Taylor added: “While many are considering ideas and plans for a digital safety deposit box, we have designed…

Crypto Wallet Opens ‘Most Secure Trading Platform on the Market’ With Fixed Rates

SovereignWallet, “one of the most secure mobile cryptocurrency wallets,” announced M-DEX, a new feature for its application. M-DEX is a free-custody mobile exchange platform that has fixed rates and can make the transfer of coins safe and quicker by using atomic swap technology. The new part of blockchain-infrastructure The company says the M-DEX exchange service will be “the most secure mobile cryptocurrency trading platform on the market.” Users will be the only people who have access to their own private keys, so they will be able to trade their coins…

Crypto Security Company Ledger Opens Branch in Hong Kong

Crypto hardware wallet firm Ledger has announced it is opening a new branch in Hong Kong, according to a press release shared with Cointelegraph Wednesday, Oct. 31. One of the leading hardware wallet manufacturers with headquarters in Paris and San Francisco, Ledger also reveals that it has assigned Benjamin Soong as head of the Asia Pacific (APAC), responsible for all Ledger operations held in the region. Soong is a former managing director for U.S. financial analytics corporation S&P Global. Ledger’s president Pascal Gauthier further explained that Soong will help the…