Markets

Photo: ShutterstockEthereum Classic has completed its long-awaited hard fork named Atlantis. The network hard forked at block height 8,772,000 and implemented new upgrades to the blockchain.The #EthereumClassic network successfully upgraded today on block 8,772,000. This upgrade, nicknamed “Atlantis”, includes features on #SpuriousDragon and #Byzantium EIPs from the #Ethereum blockchain.https://t.co/lKHgphlNU9 via @MyEtherplan— Ethereum Classic (@eth_classic) September 12, 2019As Coindesk...

Cryptocurrency exchange Binance set to launch U.S. operations imminently. | Source: REUTERS / Darrin Zammit Lupi Binance.US has announced that it will begin processing account registration applications and accepting cryptocurrency deposits from Sep. 18 at 8 am EDT. After users have signed up and selected their desired tier of verification, they will be able to deposit bitcoin (BTC), ethereum, (ETH), ripple (XRP), bitcoin cash (BCH), litecoin (LTC), and tether (USDT) to their wallets. The...

After months of regulatory scrutiny, VanEck-SolidX launched a limited version of its Bitcoin ETF last week. Not having the SEC approval to launch a full-fledged Bitcoin ETF, VanEck planned the limited ETF launch to prove that there’s actually some demand for this investment product in the market.However, it looks like VanEck hasn’t succeeded enough to make an impact in the market. Popular crypto analyst and commentator Alex Krüger recently released some data showing that the VanEck Limited...

Photo: Peloton / TwitterMaker of stationary bikes Peloton finally revealed some more info of the company’s plan to go public. The fitness startup famous for their on-demand workout programs on exercise bikes, announced they are planning to raise $1.33 billion in an initial public offering (IPO).Peloton filed to become a public company in August and now, according to a Securities and Exchange Commission filing, they plan to offer 46 million shares at a price range between $26 and $29 per...

The guys at Binance have decided to make things work this time. Their partnership with Paxos Trust is finally going to pay off due to the launch of the token BUSD which is now expected to be listed on the Binance platform next week, as the official press release reads.This was announced today by the Chief Financial Officer of Binance Wei Zhou and the Co-founder and CEO Asia of Paxos Trust Company Richard Teo at the Invest Asia event in Singapore. Wei Zhou excited at the news said:“Launching a...

As part of an email sent to customers recently, Google has now announced that it will be closing down its online shopping platform, Google Express, sometime in the next few weeks. The functions available on the platform will now be on-boarded with a new version dubbed Google Shopping.Back in May, the company announced a new and redesigned Google Shopping platform which will include a universal shopping cart of sorts, embedded with the company’s other offerings including Images, Search and...

Californian digital content delivery and Internet security company Cloudflare announced they have raised their IPO price range from a previous $10 to $12 interlude to $12 to $14 per share.This company seems to believe in themselves because it’s quite unusual for a unicorn like this to adjust the number of shares it expects to sell in its public debut. However, it seems that at the new prices they have set up, Cloudflare could be valued between $3.5 billion and $4.1 billion.Let’s just remind...

Santander, one of the largest banks in the world based in Spain, has issued a blockchain bond and started using a public blockchain to manage all aspects of debt issuance.According to the Spanish banking giant, they used a token on Ethereum to represent the $20 million debt issuance and what is more, settled it with another set of ERC-20 tokens representing cash held in a custody account. As Coindesk has reported, the transaction conducted was a plain-vanilla bond with a one-year maturity,...

Binance, the global  cryptocurrency exchange and blockchain ecosystem, today announced the launch date of BUSD, a fully compliant USD-denominated stablecoin, as the week of September 16, 2019; and will add BUSD trading pairs on the same day. The launch date and new listing was jointly announced by Binance CFO Wei Zhou and Richmond Teo, Co-Founder and CEO Asia of Paxos Trust Company at Invest: Asia in Singapore, providing more stablecoin trading options for Binance users.Wei Zhou, Chief...

Recently, Tesla CEO Elon Musk suggested that the new Tesla pickup truck will be available most likely by November. Now, Musk has made another promise about the Model S, Model X and Roadster Tesla Productions in the future. Musk tweeted that “the only thing beyond Ludicrous is Plaid”, suggesting that the new models will have a much stronger and impressive performance range than the current Ludicrous.In a separate tweet, Musk gave further details, however vaguely, about the “Plaid powertrain”...