Cryptocurrency Daily News Bulletin: February 1, 2019

February 1, 2019 2:08 pm Published by

General News

Binance has partnered with Israel-based payments processing firm Simplex to allow purchases with Visa and MasterCard. At launch, credit card purchases will be enabled for BTC, ETH, LTC and XRP – tradable against the 151 other tokens Binance offers.

Boerse Stuttgart Group, Germany’s second-largest stock exchange, has launched a mobile app for crypto trading after a year of development. The Bison app is available on iOS 9+ and Android 4.4+ devices in Germany, and allows users to trade in BTC, ETH, LTC and XRP and fund their accounts with euros – along with zero trading fees and a built-in wallet.

B2C2, an electronic OTC trading firm and crypto liquidity provider, has received the green light to offer crypto derivatives in the U.K. The FCA regulated firm will offer crypto contracts for difference (CFDs) for BTC, BCH, ETH, LTC and XRP.

Cboe has resubmitted its joint proposal with VanEck and SolidX after being withdrawn earlier this month due to the U.S. government shutdown.

Cottonwood Vending LLC is the latest company to receive New York’s coveted BitLicense and is now the third Bitcoin ATM operator to do so.

Fidelity announced its crypto trading and custody platform is in its “final testing” phase. The release noted the company has on-boarded “a select set of eligible clients” already.

IBM has completed a trial of blockchain technology to track a shipment of 28 tons of mandarin oranges from China to Singapore. IBM created an electronic bill of lading, or e-BL, which sped up administrative processes “to just one second” along with reducing costs.

Prime Trust, the Nevada trust company, announced it has removed all fees for storing cryptocurrencies – in line with what it charges to custody stocks and bonds.

QuadrigaCX, the Canadian crypto exchange, is filing for protection from creditors, a step taken to avoid bankruptcy. QuadrigaCX has asked the Nova Scotia Supreme Court to appoint Ernst & Young (EY) to act as independent third party to oversee its proceedings.

Staked, a startup that provides institutional investors with the infrastructure for non-custodial staking, has received $4.5 million in a seed round led by Pantera Capital. Notably, a Bloomberg article published today suggests proof-of-stake (PoS) token investors have a unique option to survive the protracted crypto market slump: staking their holdings.


Ethereum $107.72 USD (0.17 percent) anticipated test net solution, Görli blockchain, launched today. Görli will function as the test network to initiate new validators, as part of “phase zero” – Prysmatic Labs test for Ethereum’s shift towards proof-of-stake (PoS). 

Stellar’s $0.083537 USD (0.32 percent) micropayments startup SatoshiPay is partnering with Axel Springer, a publishing house owning some of Europe’s largest newspapers.

Ripple $0.309756 USD (0.49 percent): SBI CEO Yoshitaka Kitao just gave a speech on the impact Ripple and R3 will have on international payments: “Swift have run out of options, Swift have given up on what they can do internally.”
 – WN.comJamie Saarloos

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