The Cboe Global Markets is eyeing on the launch of Ethereum futures. The company is currently working on unveiling Ether futures based on Gemini’s underlying Ethereum market. The investment product is expected to be launched by the end of 2018. The CME Group which offers Bitcoin Futures market has affirmed that it would not launch Ether futures at this time.
Wanchain has formed part the Enterprise Ethereum Alliance (EEA), an open source blockchain initiative. The Vice President of Wanchain, Oliver Birch expressed about the association and stated, “The Alliance allows us the ability to work with industry leaders to address specific use cases. We look forward to helping the community by connecting the world’s digital assets.”
The decentralized token exchange, Radar Relay has managed to raise $10 million through a Series A funding round. The funding round was led by Blockchain Capital. Radar Relay, which extends wallet service for ethereum tokens, has received investments from Tusk Ventures, Distributed Global, and others. The raised funds are to be used for ‘new product research and global expansion of its platform.’
Athena Bitcoin has extended support to the Ether (ETH). The bitcoin ATM has already added Bitcoin, Litecoin and Bitcoin Cash to its platform. The trading rate of ETH is reported to be at 15%. The ATM is accessible in the U.S. states such as California, Florida, Georgia, Illinois, Missouri, Ohio, Pennsylvania, and Texas.
BitGo blockchain security startup has planned to diversify its custody products and services to support 57 fresh Ethereum assets. Nearly hundred and beyond cryptocurrencies are to be added with the company extending more choices of custodial services. The company seeks to receive BitLicense in New York and a custodian license in South Dakota.
Sacramento Kings, the expertise basketball team has unveiled a “MiningForGood” program associating with MiningStore and Nvidia mining rigs. The proprietor Vivek Ranadive stated, “Through MiningForGood, not only will we raise funds to help with workforce development and training, we aim to inspire the next generation.” The kinds would mine Ethereum crypto.
Metamask, the ethereum browser and wallet, is to add Ethereum Classic. The director of the Ethereum Classic Cooperative tweeted, “The @metamask_io PR for $ETC support isn’t finished but it is working!” It is reported that the Ethereum Classic occurred on the Ethereum blockchain due to the unsuccessful implementation of the Decentralized Autonomous Organization.
The China Electronic Information Industry Development Institute founded by the Ministry of Industry and Information Technology of China unveiled a rating report covering “28 most influential cryptocurrencies.” The first place was backed by Ethereum, followed by Steem and Lisk. Bitcoin secured thirteenth place. The rating was categorized based on factors such as technology, application, and innovation.
CME Group and Crypto Facilities Ltd have unveiled CME CF Ether-Dollar Reference Rate and CME CF Ether-Dollar Real-Time Index. The managing director and chief of Equity Products and Alternative Investments of CME Group, Tim McCourt stated, “The Ether Reference Rate and Real-Time Index are designed to meet the evolving needs of the marketplace.”
Crypto Facilities, firm based in the UK, has declared the launch of Ethereum Futures Contract. The users can trade the contracts and they can ‘either go long or short the price of Ether tokens.’ These securities are regulated and are expected to award more liquidity. The B2C2 and Akuna Capital firm are to bring liquidity to the ETH futures.