BitGo partnered with financial services provider SettleBit to allow institutions to trade directly from their BitGo custody accounts through an API integration with SettleBit’s settlement platform. With the new feature, clients can get a price offer matched with a liquidity network and reach settlement in real-time as soon as funds are verified. Throughout the process, funds will remain secure in cold storage.
Sony indirectly made an undisclosed investment in Securitize, a platform that issues and manages digital securities. Sony’s involvement was made through SFV GB, a venture capital fund jointly managed by its Sony Financial Ventures subsidiary and Japanese VC firm Global Brain. Fellow investors in the USD 14 million funding round included Mitsubishi UFJ Financial Group’s MUFG Innovation Partners and Nomura Holdings.
Binance is adjusting its fee structure to get market makers to add liquidity on its futures platform. Under the revised Binance Futures Market Maker Program, market makers will receive a negative fee for selected trading pairs. Binance has yet to disclose further details.
ConsenSys also acquired an American broker-dealer, Heritage Financial Systems. Emma Channing, a representative of ConsenSys Digital Securities, said: “The acquisition will bolster ConsenSys in-house broker dealer capabilities by adding municipal finance in addition to some other lines to our existing line of private placement business at Consensys Digital Securities.”
Mode, a financial services firm backed by Twitter co-founder Biz Stone, has rolled out its Bitcoin banking app on iOS devices. The British company made its app available globally, with the exception of the United States, and customers can start using the app to buy Bitcoin with bank cards or through a bank transfer.
Salesforce and Samsung participated in a second Series C funding event for startup Digital Asset. After gathering $35 million in its first Series C raise that ended in December 2019, Digital Asset decided to run another round. An open-source project, DAML plans to put the capital gathered during its additional funding toward DAML adoption, fuel new DAML development products and release additional “DAML-enabled partner products.”
Feb 26: Wilshire Phoenix ETF proposal decision date
Feb 28: CME Feb 2019 contract last trade date
Feb 29-Mar 4: Binance Blockchain Week Vietnam 2020
Mar 2-6: Hong Kong Blockchain Week
Mar 27: CME Mar 2019 contract last trade date
Mar 27-28: Bitcoin 2020 (San Francisco)
Mar 31: Mt. Gox submission deadline for claims
April 2020: Bitcoin Cash Halving
April 4-5: Deconomy (Seoul)
May 14: Bitcoin Halving
Nov 2020: ZCash Halving / Founders’ Reward set to expire
Over the past 6+ months, together with @taratan and a dozen of our favourite analysts, VCs, data co’s and startups, we’ve been putting together a monster report on the State of Adoption in crypto. Today we are releasing it into the wild stateofcrypto.report READ MORE
#Bitcoin has had a lot of price action this year, but it still doesn't have an intraday move (UTC) >10%. It had 36 days with at least one such move last year, and 63 in 2018. twitter.com/ceterispar1bus…
i.e. $BTC averaged three days per month with at least one 10% move in 2019 and five per month in 2018. No moves >10% is unusual. Strap in.
Some data around BitMEX which had a more challenging H2 last year with the CFTC probe in July, the email leak in November & a significant increase in competition on the perpetual swap product it created. Observation #1: Customers continue to trust BitMEX with their funds!
#2 With 34k BTC in the insurance fund, the exchange most likely runs the most capitalised crypto-native clearing house in the industry Total Open Interest across contracts on BitMEX currently sits north of $1.5bln vs $320mln in the insurance fund & $2bln+ in customers' assets
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