UniCredit has successfully completed the first Italian transaction via blockchain-powered trading platform by we.trade. The head global transaction banking, Luca Corsini said, “We believe that we.trade can contribute to redefining business relationships among SMEs, removing obstacles that typically make international transactions costly and complex whilst delivering concrete benefits for our clients.”
Binance has launched a cash-to-bitcoin service in Australia to cater the demand from the Australian users and allow them to purchase bitcoin with cash through its new subsidiary Binance Lite Australia. The CFO of Binance, Wei Zhou said, “Australia has been at the forefront of blockchain innovation, and we hope Binance Lite Australia can play a role to help further this cause.”
Netcoins unveiled their newly-established partnership with Simplex with the aim to allow credit card payments for purchases. The CEO of Netcoins, Mark Binns commented, “Netcoins is uniquely positioned to service all levels of crypto traders, whether they are someone who prefers a familiar retail setting or someone who wants a seamless online experience.”
An announcement has been made by a cryptocurrency wallet producer Ledger regarding its newly-introduced feature, a Bluetooth-enabled cryptocurrency wallet. The new Bluetooth-enabled crypto wallet called Ledger Nano X offers to support more types of coins and are able to store 100 cryptocurrency assets. Ledger Nano X pre-order are now available.
A social media giant Facebook has reportedly developed a stablecoin for WhatsApp payments in India. The rumours coming from a close source of Facebook which reporting the IT team of the social media giant are currently working aggressively in establishing a stablecoin to make the new asset less volatile as compared to the existing coins in the cryptocurrency industry.
The BlockFi, a crypto loan company, has raised $4 million on a convertible debt fundraising round headed by Akuna Capital. The CEO of the company, Zac Prince revealed the intention to execute plans in connection with the introduction of new products to the market. Galaxy Digital Ventures, Morgan Creek Digital, and others also participated in the fundraising round.
The CFTC is welcoming public comments aimed at understanding Ether token and the Ethereum network use cases. The CFTC has filed an RFI (request for information) to hear public views on the underlying technology. The public would have to comment within 60 days. The effort is expected to support the body to come up with better decisions.
The Coinbase exchange has declared the inclusion of four coins to the Coinbase Pro platform. Reportedly, the Coinbase Pro users would be able to transfer Civic, district0x, Loom Network, and Decentraland to the exchange. The token launch would undergo four stages. The trade would be available for users in the UK, US (except NY), European Union, Canada, Singapore, and Australia.
Cobinhood has declared the inclusion of four stablecoins such as Gemini Dollar (GUSD), MakerDao (DAI), Paxos Standard Token (PAX) and TrueUSD (TUSD). The co-founder of the company, Wei Ning Huang stated, “We are increasing the presence of stablecoins on the COBINHOOD exchange so the community understands that their voices have been heard and stability is being made possible.”
The spokesperson of Tether exposed a statement, “We confirm that the relationship with Friedman is dissolved.” The preliminary audit revealed Tether had $442.9 million in its reserve. However, the audit was not completed.