Cryptocurrency Daily News Bulletin: April 10, 2019

April 10, 2019 12:53 pm Published by

General News

Bank Frick, the Liechtenstein-based independent bank, has issued an active Bitcoin and Ethereum-based tracker for institutional investors through a collaboration with digital finance firm Bitcoin Suisse. Bank Frick will be responsible for issuing crypto certificates, whilst Bitcoin Suisse acts as crypto broker for BTC and ETH transactions via global exchanges.

Bitstamp, one of Europe’s largest crypto exchanges, is looking to expand its U.S. operations after receiving New York’s 19th issued BitLicense.  

Digital Asset, the enterprise blockchain company, is working with the International Swaps and Derivatives Association (ISDA) to develop software that will help simplify the generation of derivative “life cycle” events – everything that happens over the course of a trade. 

DLive, a new blockchain streaming platform that rewards content creators and viewers using “Lino points” token, hassigned an “exclusive” deal with PewDiePie, the world’s most popular YouTuber. Starting April 14, PewDiePie will stream weekly on DLive. His YouTube channel has 93.7 million subscribers – his most recent video hitting 4 million views in under 24 hours.

Gibraltar Stock Exchange (GSX) is now allowing financial firms to list blockchain-based securities on its GSX Global Market platform. These include corporate and convertible bonds, asset-backed and derivative securities, as well as open-ended and closed-ended funds in tokenized form. GSX has also opened membership to firms from outside the EU. 

U.S. lawmakers reintroduced the Token Taxonomy Act – a bill exempting certain digital assets from securities laws. Rep Davidson claims the bill, if approved by Congress, would “send a powerful message” and make “the U.S. the best destination for blockchain tech.”


Binance $18.47 USD (1.29 percent): New research by the Singapore-based SophonEX sheds light on the performance of crypto-exchanges during the bull run last week. According to the research firm, Binance is a perfect example of a robust crypto exchange with sufficient liquidity in times of crisis. The research also found more than half of Huobi, Hitbtc, and Okex’s trade volumes were fake. Coinbase came second to Binance in performance. 

Ethereum $180.11 USD (1.60 percent) blockchain is getting a boost from the launch of crypto lending platform Dharma. Users can now take out a line of credit against their ETH or stablecoin DAI holdings without a bank account or credit check. Meanwhile, Ethereum faces continued pressure from EOS and Tron – both processing “over $1 billion in transaction volume” in Q1 compared to Ethereum’s $202 million.

Ripple $0.356441 USD (1.57 percent) partner MoneyMatch has been granted a license to carry out digital remittance services in Malaysia, allowing them to use Ripple’s xVia to power frictionless cross-border payments. Meanwhile, Ripple is expanding its presence in Asia – doubling the number of staffs at its headquarters in Singapore from 12 to 24 employees. Senior VP of global operations Eric van Miltenburg says Ripple is working to catch up with demand in the fintech-friendly region, specifically for xRapid.

Tron $0.030134 USD (-0.63 percent) CEO Justin Sun has donated $1.5 million to Hupan University, founded by Alibaba executive chairman and tech billionaire Jack Ma.

TrustToken $1.00 USD (0.19 percent) has published the results of an audit of its stablecoin TrueUSD showing it has the full amount of US dollar reserves.

–, Jamie Saarloos

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