🆕 Oct. 9, 2018: Roger Ver is Going to Launch Own Crypto Exchange, Binance Delists 4 Tokens, and more
📌 Roger Ver Aims to Launch Own Cryptocurrency Exchange
The famous Bitcoin Cash popularizer Roger Ver considering between finding a partner or launching the new platform on his own
Remember Roger Ver? A pretty controversial figure in the cryptocurrency field. Ver recently shared his plans with Bloomberg to create his own cryptocurrency platform; which, given the Bitcoin.com coverage, does not seem too ambitious. Actually, Ver and his team probably are at the stage of adopting this idea, and cannot decide whether they need a partner, or they will become an independent “core” of the project:
“If we build it ourselves, we can do it really, really cheap, and we get exactly what we want [...] But we don’t have the security of a battle-tested exchange that’s been around for a while.”
Chief Executive Officer Roger Ver also mentioned that the exchange will be located within the Bitcoin.com domain; speaking superficially, this may strengthen the position of BCH currency. And, no further details are given.
📌 Asian IT Giant GMO launches Yen-Tied Stablecoin
Japanese IT giant GMO Internet announced the launch of its new stablecoin. Meet the GMO Japanese Yen (GJY)
The autumn season brought us at several so-called stablebcoins at once, which are a virtual asset tied to a unit of any of the existing ("fiat") currencies. But, while the "digital dollar" is more widely spread, in that case, then the number of Asian currencies presented in crypto is still not so big, so we'll pay attention.
Stablecoin called "GMO Japanese Yen" (GJY) will be released to the Asian market in 2019 through Z.com (the exchange division of GMO Internet). The purpose of this division is also the massive introduction of cryptocurrency, on a note.
Officially:
"GMO Internet Co., Ltd. (hereinafter referred to as GMO Internet) will begin full-scale preparation for the release of stablecoins with a goal to a “settle” in the field of virtual currency business."
In addition to this, the company highly appreciates its future results in the cryptocurrency world:
"Among these stablecoins, the “yen-pegged currency” backed by the Japanese yen is likely to be the ideal currency that combines high trustability and low fees as much as the transaction speed unique to virtual currency."
📌 Binance to Delist Bytecoin, Iconomi, ChatCoin and Triggers
Binance starts mass clearing by delisting 4 assets at once: Bytecoin ($BCN), Iconomi ($ICN), ChatCoin ($CHAT) and Triggers ($TRIG)
Please pay special attention if you own something from this set. However, given the change in prices of these tokens now, you probably already heard about upcoming delisting on Binance. Nevertheless, all trading pairs with BCN, CHAT, ICN and TRIG will disappear on October 12, but over the next month, users will still be able to withdraw their funds.
The delisting was explained by a periodic check of the placed assets:
"In order to protect our users, the Binance team conducts comprehensive and periodic reviews of each digital asset listed on our platform to ensure projects maintain a high standard of quality."
It is worth noting that delisting is not such a frequent occurrence. Without taking into account some business processes, coins can completely lose trading platforms if: they are involved in fraud, projects have weak user support, and even when their creators show unethical behavior.
//Now Bytecoin has the 30th place by market capitalization, and BCN has shown -20,15% decrease after this announce.
📌 The Globe and Mail: One of The Largest Exchanges in Canada Clash Over Frozen Accounts
The QuadrigaCX servicing bank froze user accounts. Representatives of the exchange claim that the organization’s suspicions about the company's activities are unfair
According to information provided by the edition, the Canadian cryptocurrency exchange QuadrigaCX has problems with the withdrawals of customers funds. According to the company's representatives, Canadian Imperial Bank of Commerce (CIBC) has blocked accounts belong to Costodian Inc. (exchange's payment service).
The bank working with the platform cannot determine who owns the money stored on the accounts, to QuadrigaCX, Costodian or the clients of the platform. Then, CIBC appealed to the court of Ontario with the request to independently manage these assets in order to determine their owner.
Quadriga representatives claim that the exchange has been the victim of harassment from the bank's side because of its cryptocurrency activity, the bank itself points to illegal operations related to the exchange. The case is complicated since we have no local story which can reveal the details. At the same time, Quadriga CEO stated that the funds belong to the exchange itself.
📌 Bitwala Partners with Visa-Backed Startup to Create First Blockchain Banking Accounts
Berlin fintech platform Bitwala will launch a banking blockchain account service in partnership with solarisBank (financed by Visa)
Bitwala, the blockchain startup founded in Berlin, announced the launching of the first “banking blockchain account” and entered into a partnership with solarisBank. The result of the partnership will be the opportunity to provide full-fledged banking services with the help of the solarisbank banking license.
(However, Bitwala denies the use of classic banking model, as we can understand, so «the first blockchain bank» would be irrelevant).
Today we mark two major milestones on our way to launch. We’re happy to announce our partnership with @solarisBank to bring the world true #blockchainbanking. We are also thrilled to launch our new website. Read all about it here https://t.co/iSxK2r4XmT pic.twitter.com/BHJvHtsNyU
— Bitwala (@bitwala) 9 Oct. 2018 г.
As the company claims, 35 thousand users have already passed pre-registration for this service. By the way, this is another rather important event that can be expected in November. So, Bitwala plans to launch the blockchain banking during the next month.
📌 More updates
- CNBC has published its "annual list of 100 promising start-ups to watch". Among the most popular: Veem, ShapeShift AG and others.
- French retailer Carrefour will use the new IBM Food Trust blockchain platform to track the supply chain.
- Read about the Change Log: Version 3.0 to know more about the development of Bitfinex exchange.
Roger, please use your influence to make a real decentralized exchange!
We will try, Sir. :)
There are plenty of them: old like etherdelta and idex and many new like deex. Which do you prefer?
I have used only the Waves DEX because of the gateways. I am not much into Ethereum Tokens. Waves DEX is not bad, however I would like to see some more competition, right now everything is so experimental and choices are limited. I am looking forward to atomic swaps on fully decentralized exchanges with support for dozens or even hundreds of coins. What about you? Do you use any DEX?
Atomic swaps can revolutionize this area. I used etherdelta(forkdelta these days) and idex a lot. Erc-20 still main stream. But I know guys from deex and they do good job. They main blockchain is bitshares but they have many erc-20 tokens.