ETH Futures Case: The Industry’s Feedback to CFTC, Reviewed

On Feb. 17, the United States Commodity and Futures Trading Commission (CFTC) stopped accepting public comments regarding the Ethereum (ETH) mechanism. Previously, as 2018 was drawing to a close, the agency requested the feedback on the cryptocurrency to better understand the technology and how it compares to Bitcoin (BTC). The CFTC, which oversees the futures…

Galaxy Digital Joins $15 Million Investment Round in Crypto Security Firm CipherTrace

Mike Novogratz’s crypto investment bank Galaxy Digital has invested in blockchain security company CipherTrace, according to an official press release published on Feb. 19. CipherTrace has reportedly raised $15 million in venture capital in a new funding round led by major Silicon Valley venture capital firm Aspect Ventures, whose partner, Mark Kraynak, will join the…

Crypto Markets Trade Sideways After Recent Gains, Stock Market Sees Green

Wednesday, Feb. 20: following the recent wave of green, crypto markets are trading sideways today, with top 20 coins by market cap seeing mixed signals, according to CoinMarketCap. Market visualization from Coin360 After briefly touching the $4,000 threshold twice over the past 24 hours, Bitcoin (BTC) is slightly down at press time. Trading at $3,971,…

US State of Wyoming Passes Two Blockchain-Related Bills

Two blockchain-related bills — on tokenization and issues with compliance — have been passed in the United States state of Wyoming on Feb. 19, according to the official website of the state legislature. As Cointelegraph reported, the bill on tokenization, House Bill 185, was introduced on Jan. 16. The bill lays the groundwork for storing…

Ex-Goldman Sachs Engineers Raise $3 Million to Combat Crypto Market Manipulation

Solidus Labs has raised $3 million to combat crypto market manipulation, according to a press release shared with Cointelegraph on Feb. 20. Solidus Labs is a trade surveillance firm whose team includes former Goldman Sachs fintech engineers. The company reports to helps both traditional and crypto-focused service providers foster compliance while trading digital assets. Through…

Coinbase Adds Bitcoin Cash Support to Wallet App

United States-based cryptocurrency exchange and wallet service provider Coinbase has added support for Bitcoin Cash (BCH) to its Coinbase Wallet, according to an announcement published on Feb. 19. The update states that users can now store Bitcoin Cash on Coinbase Wallet, adding: “The new Wallet update with Bitcoin Cash support will roll out to all…

Japan’s Second-Largest Securities Brokerage Daiwa Completes Blockchain Pilot

Daiwa Securities Group, Japan’s second largest securities brokerage, has announced the completion of a blockchain proof-of-concept (PoC) in a press release shared with Cointelegraph on Feb. 19. The PoC implemented blockchain in the trade matching of post-trade processing. The blockchain pilot project, dubbed “JPX Proof-of-Concept Testing for Utilization of Blockchain / DLT in Capital Market…

SEC Set to Begin Fresh Consultation Period on CBOE-VanEck Bitcoin ETF

United States regulator the Securities and Exchange Commission (SEC) says it will shortly commence the countdown period to approval or disapproval of the VanEck/SolidX Bitcoin exchange-traded fund (ETF). The news was announced in an unpublished notice that was filed on Feb. 19. The move is the latest in a series of back-and-forth exchanges between the…

Major Japanese Trading Firm Marubeni Partners with US Blockchain Company LO3 Energy

Japanese general trading company Marubeni Corporation has partnered with a New York-based blockchain startup to use the technology for its energy business, Marubeni confirmed in a press release on Feb. 20. Marubeni, which has expanded beyond Japan into the United States as well as Europe, selected LO3 Energy’s transactive energy platform as the basis for…

Binance Launches Decentralized Crypto Exchange Testnet

Major cryptocurrency exchange Binance has launched the testnet of its new decentralized exchange, Binance DEX, according to a press release shared with Cointelegraph on Feb. 20. Per Binance, the exchange, powered by Binance Chain — a new blockchain and peer-to-peer (p2p) distributed system — is already available for customers. Users can create wallets and start…