BLOCKCHAIN

Crypto Derivatives Exchange Blade Raises $4.3M From Coinbase and Others

[ad_1] A soon-to-launch cryptocurrency derivatives exchange has raised $4.3 million from major investors such as the cryptocurrency platform Coinbase and the investment firm SV Angel. The exchange Blade is scheduled to launch in three weeks’ time.Blade’s funding and plans come by way of a Tech Crunch report on Aug. 12. The report notes that in particular, Blade is aiming to provide trading for cryptocurrency-based perpetual swap contracts with three new
Business

Binance’s Trust Wallet Releases Desktop App for MacOS

[ad_1] The Binance-owned digital currency wallet, Trust Wallet, has released a desktop application for macOS.The team behind Trust Wallet announced the development in a tweet today, Aug. 12, also revealing that the wallet will be available in the Mac App Store shortly.In a series of tweets, Trust Wallet founder Viktor Radchenko disclosed that support for Linux will be launched next week. Radchenko further said that the main challenge for the
BLOCKCHAIN

Congressional Research Service Examines Blockchain in Energy Sector

[ad_1] The Congressional Research Service has released a report that examines, among other things, the potential advantages and disadvantages of pursuing blockchain-based solutions for the energy sector.The Congressional Research Service released their findings in a report on Aug. 9, entitled “Bitcoin, Blockchain, and the Energy Sector.”In its report, the research group noted that launching a blockchain solution which allows consumers to purchase energy services within a distributed system, in particular,
Business

SEC Requests Freeze on Assets in Connection With Alleged $15M ICO Fraud

[ad_1] The United States Securities and Exchange Commission (SEC) has filed a complaint against a New York-based man and two of his companies. The SEC alleges that these entities conducted a fraudulent and unregistered ICO from late 2017 to 2018, and is requesting that a U.S. District Court issue an emergency freeze on the defendants' related assets. Hindenburg Research shared the SEC’s filing for a jury trial in a post on
Business

Colu Blockchain Platform Shutting Down, Buys Back Its Tokens

[ad_1] Colu Group subsidiary Colu DLT has announced that it is shutting down its blockchain-based Colu Local Network, and is offering to repurchase and burn the accompanying CLN tokens sold to investors during its initial coin offering (ICO).The company’s buyback offer comes by way of an official announcement from Colu DLT on its website. According to the notice, the company is looking to repurchase its tokens with Ether (ETH) over