‘No Change’ to Bitcoin Futures Plans, CME Says, as Cboe Pulls Back

'No Change' to Bitcoin Futures Plans, CME Says, as Cboe Pulls Back 1  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

‘No Change’ to Bitcoin Futures Plans, CME Says, as Cboe Pulls Back It’s business as usual for CME Group’s bitcoin futures market, despite a retrenchment by rival derivatives exchange operator Cboe Global Markets. Contacted by CoinDesk Friday, a spokesperson for CME said the exchange has “no changes to announce re our bitcoin futures contract” and declined to comment on Cboe’s pullback. The affirmation is notable in light of the news Thursday that Cboe will not add a bitcoin futures contract for trading in March. This means that after the last…

Court Rules Quoine Exchange Liable for Reversing Bitcoin Trades Worth Millions

Court Rules Quoine Exchange Liable for Reversing Bitcoin Trades Worth Millions 2  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Court Rules Quoine Exchange Liable for Reversing Bitcoin Trades Worth Millions The Singapore International Commercial Court has ruled against cryptocurrency exchange Quoine after it reversed trades for a total of 3,092 bitcoins (BTC) by crypto market maker B2C2 two years ago. The court published a case summary Thursday, stating that it found Quoine liable for the “breach of contract and breach of trust” in reversing B2C2’s trades made at an “abnormal” exchange rate back in April 2017. B2C2 had made seven trades in which it sold ether (ETH) at an exchange…

Binance’s Trust Wallet Adds Support for XRP, Credit Card Payments

Binance's Trust Wallet Adds Support for XRP, Credit Card Payments 3  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Binance’s Trust Wallet Adds Support for XRP, Credit Card Payments Cryptocurrency exchange Binance’s official wallet, Trust Wallet, now lets users buy cryptos with credit cards. The new payment option is being offered in partnership with Israel-based payments processor Simplex, according to an announcement from Binance on Tuesday. At the same time, the exchange said, Trust Wallet is adding support for XRP, the third largest cryptocurrency by market capitalization. Trust Wallet users can now, therefore, purchase XRP, bitcoin (BTC), bitcoin cash (BCH), litecoin (LTC) and ether (ETH) with “major” credit and…

Revolut App Now Lets Users Auto-Trigger Cash and Crypto Exchanges

Revolut App Now Lets Users Auto-Trigger Cash and Crypto Exchanges 4  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Revolut App Now Lets Users Auto-Trigger Cash and Crypto Exchanges Mobile finance app Revolut has launched a new feature allowing users to “auto-exchange” cash and cryptocurrencies. The firm announced Tuesday that its over 4 million users can now automatically exchange, say, U.S. dollar (USD) to bitcoin (BTC) or ether (ETH) to XRP, based on a pre-set target rate. Fiat-to-fiat exchanges are also possible. Once a target rate is set in the app – either above or below current rates – Revolut said the exchange will trigger once the target has been…

Kraken Crypto Exchange Poaches a Sony Studio Head for Marketing Push

Kraken Crypto Exchange Poaches a Sony Studio Head for Marketing Push 5  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Kraken Crypto Exchange Poaches a Sony Studio Head for Marketing Push Kraken, one of the largest U.S.-based crypto exchanges with daily volume of around $100 million, has hired a Hollywood veteran to be its first chief marketing officer. Matt Mason spent the last four years as the studio head of 1-800-N0TH1NG, described on his LinkedIn page as an “innovation lab” in Los Angeles funded by Sony Pictures. He left that job last month to take the newly created position at Kraken. “Building out the marketing function at Kraken is a critical next…

Coinbase Pushes Out Ex-Hacking Team Employees Following Uproar

Coinbase Pushes Out Ex-Hacking Team Employees Following Uproar 6  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Coinbase Pushes Out Ex-Hacking Team Employees Following Uproar Coinbase is parting ways with several employees from Neutrino following widespread criticism over the crypto exchange’s acquisition of the blockchain analytics firm. CEO Brian Armstrong announced in a blog post on Monday that Coinbase and Neutrino have decided they will let go Neutrino employees who previously worked for Hacking Team, whether or not they still have any current affiliation with that company. It’s unclear exactly how many of Neutrino’s employees had worked for Hacking Team, except for the three senior executives listed on…

A New Exchange Launches, Letting Institutions Custody Their Own Crypto

A New Exchange Launches, Letting Institutions Custody Their Own Crypto 7  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

A New Exchange Launches, Letting Institutions Custody Their Own Cryptocrypto exchange for institutional investors is launching this month with an unusual approach to custody. LGO Markets, based in New Jersey, officially launched Monday with limited functionality, allowing new users to set up and fund their accounts. However, spot trading in bitcoin will start on March 11. According to CEO Hugo Renaudin, the company has secured 10 institutional clients already – mostly over-the-counter (OTC) trading desks, plus several hedge funds, crypto businesses and market makers. Another 56 clients are in the…

Crypto Finance Startup Circle Seeking Further $250 Million in Funding: Report

Crypto Finance Startup Circle Seeking Further $250 Million in Funding: Report 8  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Crypto Finance Startup Circle Seeking Further $250 Million in Funding: Report Crypto finance startup Circle Internet Financial is reportedly looking to raise a further $250 million in funding. A report from The Information on Saturday, citing a source with knowledge of the matter, said that Circle is seeking to raise the funding via a combination of equity and debt financing. They added that the reason for the move is that the firm’s business has been affected by the prolonged cryptocurrency bear market. Circle has not confirmed the source’s claim, The Information said. The…

Binance Dangles $100K in Tokens to Get Users Testing Decentralized Exchange

Binance Dangles $100K in Tokens to Get Users Testing Decentralized Exchange 9  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Binance Dangles $100K in Tokens to Get Users Testing Decentralized Exchange Cryptocurrency exchange Binance is hoping to boost the number of people testing its upcoming decentralized exchange (DEX) platform by giving away $100,000 in tokens. Announcing the news on Twitter on Friday, Binance CEO Changpeng “CZ” Zhao said: “To test the hell out of @Binance_DEX, we are giving away roughly $100,000 USD equivalent, in REAL $BNB, as reward for our testnet trading competition.” The initiative, he said, would help the exchange launch the mainnet, or live version, of Binance DEX more quickly. According…

Kraken Exchange Offers $100K Reward for Missing QuadrigaCX Crypto

Kraken Exchange Offers $100K Reward for Missing QuadrigaCX Crypto 10  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Kraken Exchange Offers $100K Reward for Missing QuadrigaCX Crypto Crypto exchange Kraken is offering up to $100,000 to anyone who can help solve this year’s biggest blockchain mystery: what happened to QuadrigaCX’s coins? Kraken announced Thursday it would pay the reward to users who could help it locate the missing funds. Any tips sent to the platform will, in turn, be shared with law enforcement, the company said in a blog post. The reward is payable in fiat or cryptocurrency. To participate, Kraken is encouraging users to listen to a pair…