Top News Daily 10.09.2018
- The Securities and Exchange Commission (SEC) suspended trading with Bitcoin and Ethereum bonds
A highly touted investment instrument that sought to appeal to U.S. public markets investors looking for cryptocurrency exposure has just seen a setback. Announced on Sunday, the U.S. Securities and Exchange Commission (SEC) has issued an order seeking to suspend the trading of the Bitcoin Tracker One and Ether Tracker One exchange-traded notes, issued by XBT Provider AB, a Swedish-based subsidiary of the U.K. firm CoinShares Holdings.
- Singporean Crypto Exchange invested 3 million Australian dollars in Bitcoin Australia
Singapore-based cryptocurrency exchange KuCoin has marked its foray into Australia with a multi-million investment in a regulated domestic exchange, part of a new joint venture. The Australian Financial Review is reporting that KuCoin has invested the AUD $3 million investment in Bitcoin Australia, a domestic exchange that enables bitcoin trading and ethereum buying, enabling the Asian exchange operator enter the Aussie market with a marked focus on high-end, advanced investors.
- Interstellar project to introduce Chain products in blockchain Stellar
Lightyear Corp. bought a developer of blockchain solutions for the financial industry Chain. Such a solution is aimed at transferring the products of the startup to the public blockchain Stellar. This was announced by the head of the bought company - Adam Ludwin. He also noted that Interstellar plans to use Stellar technology, in order to enable organizations to emit, exchange and manage assets in public networks.
- Media: the creators of Filecoin were considering buying Bittorrent
The company Protocol Labs, which was developing the blockchain project Filecoin, was considering the possibility of acquiring Bittorent, the main operator of the popular uTorrent client. There is also information that there have been conversations in this matter with the company's management. The negotiations were also attended by representatives of ICON and two other blockchain projects.
- A hedge fund will be created in the Russian Federation to minimize risks for bitcoin investors
The international company Group-IB, which specializes in the prevention of cyberattacks, as well as the AddCapital fund, presented a technological model of a hedge fund that aims to minimize cybersquakes and provide information security for operations and storage of digital assets.