ICYMI: Crypto Week in Review (February 10, 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:
Four of the five researchers behind Chainspace’s whitepaper are joining Facebook’s blockchain group, with two already listing Facebook as an employer on LinkedIn.
According to the announcement, Crypto Facilities was the first regulated entity to list futures for Bitcoin (BTC), Ethereum (ETH), XRP (XRP), Litecoin (LTC) and Bitcoin Cash (BCH). With the acquisition, Kraken will now offer clients access to futures markets for the six crypto pairs, complementing the exchange’s current spot and white-glove OTC service.
Robert J. Jackson Jr., in an interview published by government-focused news source Roll Call on Wednesday, said: “Eventually, do I think someone will satisfy the standards that we’ve laid out there? I hope so, yes, and I think so.”
Abra, an all-in-one cryptocurrency wallet and trading platform, sent shockwaves through the fintech community on Wednesday when it announced that it will soon be adding stock and ETF investing to its platform.
According to the new landing page, investors will soon be able to use Bitcoin to invest in stocks and ETFs from anywhere in the world with 155 different countries supported.
Twitter CEO Jack Dorsey has long been one of the most vocal supporters of Bitcoin in the traditional tech world.
This support was taken to new heights on Tuesday when Dorsey participated in the ongoing Lightning Network Trust Chain, a community-driven initiative started by hodlonaut to build awareness around the Lightning Network and help expand its capacity.
Huobi US, the crypto exchange formerly known as HBUS, has announced the launch of U.S. dollar trading pairs.
Customers can now make USD deposits and withdrawals ($100 minimum), and trade against Bitcoin, Ethereum and Tether (USDT). To open a USD wallet, customers must pass level 2 verification and create an account with Prime Trust.
Basic Attention Token (BAT), the token associated with the Brave browser, now has its own dedicated page with educational lessons and interactive tasks centered around learning about the ERC-20 token on Coinbase Earn.
Back in December, ErisX, a regulated crypto derivatives exchange that plans to offer digital futures and spot trading, announced the closing of a $27.5 million Series B from major financial institutions and cryptocurrency companies, including Nasdaq Ventures, Fidelity, ConsenSys and Bitmain.
The exchange hasn’t wasted any time deploying the new capital, as ErisX announced today the hiring of 3 executives this week with pedigrees spanning Barclays, YouTube (GOOGL) and BATS Global Markets (CBOE).
Video of the Week:
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.