ICYMI: Crypto Week in Review (March 17, 2019)
Each Sunday, we breakdown the most important news from the past week for SludgeFeed Premium members with key takeaways you might’ve missed.
Top Headlines This Week:
According to a report by VentureBeat, Ripple’s investment arm, Xpring, has partnered with Forte to deploy capital to live games with player-based economies. Forte, which was created by Kevin Chou (of Kabam and Gen.G), is a platform designed to promote the adoption of blockchain technologies for new and existing games.
Canadian financial regulatory authorities are considering putting in place rules for cryptocurrency exchanges in the country.
The Canadian Securities Administrators (CSA) and the Investment Industry Regulatory Organization of Canada (IIROC) published a consultation paper on Thursday, seeking input from the fintech community on how regulatory requirements can be developed for cryptocurrency platforms.
AltDex, a cryptocurrency index platform that provides benchmark indices and market data, has officially launched its new homepage dashboard to provide a user-friendly, multi-sector view of the crypto market.
Abra, an all-in-one cryptocurrency wallet and trading platform, announced Tuesday that it has replaced its synthetic Ethereum (ETH) product with the real thing, meaning app users can now deposit and withdraw ETH.
In Japan, an 18-year-old was charged with stealing $134,000 (¥15 million) worth of cryptocurrency, marking the first time local authorities have succeeded in nabbing a hacker for pilfering digital assets.
The Tokyo police department’s cybercrime division identified its suspect for illegally withdrawing virtual currency from Monappy, a cryptocurrency-infused social media platform, reports the Japan Times.
SIX, the company behind Switzerland’s main stock exchange, is reportedly planning to list a cryptocurrency-based exchange-traded product (ETP) that will track the price of XRP (XRP), the third-largest digital asset.
In a recent interview with CoinDesk, Hany Rashwan, the co-founder and CEO of Swiss blockchain startup Amun, revealed that his firm has received approval from SIX to list the XRP-based ETP under ticker name AXRP.
Coinbase has officially started the process of listing Stellar (XLM), the eighth-largest digital currency, on its various trading platforms and wallets, beginning with Coinbase Pro. The platform now features XLM/USD, XLM/EUR and XLM/BTC trading pairs.
Cboe Global Markets (CBOE), the largest U.S. options exchange, is putting its Bitcoin futures market on hold for the foreseeable future as trading volumes have cooled since peaking last summer and continue to lag CME Group.
According to a recent notice, the Cboe Futures Exchange, or CFE, will not be adding a Bitcoin (XBT) futures contract for trading in March 2019.
Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE), posted a tweet earlier this week teasing the expansion of its Cryptocurrency Data Feed service to include thousands of cryptocurrencies and hundreds of data sources.
Video of the Week:
7-Day Market Performance (Powered by AltDex):
- Top-100 Index (ALT100): 4.47%
- Exchange Token Index (ALTEXC): 7.63%
- Privacy Coin Index (ALTPRV): 10.55%
- Masternode Index (ALTMSN): 13.59%
Disclaimer: This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.