Binance DEX Launches on Native Mainnet Earlier Than Planned, Invites Community Input

Binance, the world’s largest crypto exchange by adjusted volume, has launched its decentralized trading platform (DEX) earlier than planned, according to a press release shared with Cointelegraph on April 23. The move comes just a week after the exchange launched its native blockchain, Binance Chain, which will power the new decentralized platform. While Binance DEX trading is set to go live at an unspecified later date, users can as of today create wallets on the platform — either Binance’s official Trust Wallet or other third-party wallets. They can also access…

Bakkt Delay Due to CFTC Concerns Over Its Planned Custody of Clients’ Bitcoin: WSJ

Much-anticipated crypto platform Bakkt’s plans to store customers’ Bitcoin (BTC) from its Bitcoin futures could cause further delay on obtaining approval from United States regulator the Commodity Futures Trading Commission (CFTC). The news was reported by the Wall Street Journal (WSJ) on March 21, citing anonymous sources. When Bakkt was first announced back in August, the platform had revealed that its first product would be Bitcoin futures that are physically delivered daily, subject to CFTC approval. Bakkt also said that it planned to hold Bitcoin on behalf of its clients…

Mastermind Who Planned Iceland’s Biggest Bitcoin Heist Jailed for 4.5 Years

News Last year, Sindri Stefansson was arrested for his part in what has been described as the biggest heist Iceland has seen – over $2 million worth of Bitcoin mining equipment stolen in an operation that left police baffled. He has now been jailed for four and a half years along with his team of thieves.  Also read: Iceland’s ‘Big Bitcoin Heist’: Suspects Charged With Over $2M in Stolen Mining Rigs ‘Big Bitcoin Heist’ Sindri Por Stefansson hit headlines last year after managing to escape from his jail cell following his…

Mastermind Who Planned Iceland’s Biggest Bitcoin Heist Jailed for 4.5 Years

Last year, Sindri Stefansson was arrested for his part in what has been described as the biggest heist Iceland has seen – over $2 million worth of Bitcoin mining equipment stolen in an operation that left police baffled. He has now been jailed for four and a half years along with his team of thieves.  Also read: Iceland’s ‘Big Bitcoin Heist’: Suspects Charged With Over $2M in Stolen Mining Rigs ‘Big Bitcoin Heist’ Sindri Por Stefansson hit headlines last year after managing to escape from his jail cell following his arrest…

Australian Securities Exchange Delays Planned Switch to Blockchain By Six Months

The Australian Securities Exchange (ASX) has announced that it will delay its transition to  use blockchain for equity transactions by six months, the Sydney Morning Herald reports September 4. As Cointelegraph has previously reported, the ASX has been working to implement blockchain as of December 2017 to replace its current system for processing equity transactions. According to the Sydney Morning Herald, the decision to delay the move comes as the exchange plans to devote more time to user development and testing. The launch date for the switchover has now been…

Binance Offers First Look At Planned Decentralized Crypto Exchange

Cryptocurrency exchange Binance unveiled the platform’s first look at its upcoming decentralized exchange (DEX) on Thursday. Binance, one of the world’s largest cryptocurrency exchanges by trading volume, announced back in March that it plans to launch a new public blockchain for the purposes of developing the Binance Chain, a platform to transfer and trade different crypto assets without a centralized operator. This week, CEO Changpeng Zhao provided the first demonstration of the Binance Decentralized Exchange and the Binance Chain. “Today, I have something really exciting to share with you guys. This…