Japanese Messaging Giant Line Rolls Out Crypto Trading Platform Bitmax

Japanese messaging giant Line launched its new crypto trading platform Bitmax on Sept. 17, Cointelegraph Japan reports. FSA approval received Following regulatory approval to operate a crypto exchange in early September, Line’s blockchain arm LVC Corporation officially introduced its newly launched crypto platform today. In accordance with previous announcement, Bitmax will initially allow users to trade five major cryptocurrencies including Bitcoin (BTC), Ether (ETH), XRP, Bitcoin Cash (BCH) and Litecoin (LTC). Small transactions for newcomers With exposure to 81 million users in Japan, Line now accepts deposits and withdrawals through…

German Finance Minister Says Gov’t Must Reject Facebook’s Libra Coin

German Finance Minister Olaf Scholz stated that policymakers cannot accept parallel currencies such as Facebook’s proposed Libra stablecoin. Prevent stablecoins from becoming alternative currencies As reported by Reuters, on Sept. 17, German Vice Chancellor and Finance Minister Olaf Scholz said during a panel discussion in Berlin that Facebook’s planned crypto coin Libra will be clearly rejected. He said: “We cannot accept a parallel currency. […] You have to reject that clearly.”  According to a document seen by Reuters, German regulators are working closely with their European and international allies to…

Iota Introduces Chronicle, a New Solution for Long-Term Data Storage

Iota has introduced Chronicle, a permanode solution that will allow its node owners to easily store all of their transactions and maintain uninterrupted access to that data. Iota’s unlimited storage solution On Sept. 17, the Iota Foundation announced Chronicle, which allows node owners to store all the data of the Tangle and quickly access that data when needed over an indefinite length of time. Before Chronicle, node owners of the IoT-based cryptocurrency project, faced issues that were directly related to limited storage, as transactions quickly filled up the database. Iota…

‘Master’ of Alternative Investments Doesn’t Have a Clue About Bitcoin – CCN.com

Blackstone CEO Stephen Schwarzman was once lauded as the “Master of the Alternative Universe” but ironically still won’t buy bitcoin. | Credit: Reuters/Arnd Wiegmann Blackstone head honcho Stephen Schwarzman is rich. Really rich. Almost twice the market cap of bitcoin-level rich, in fact. The man who was, once upon a time, lauded as the “Master of the Alternative Universe” built his empire by taking risks. Over the years, the billionaire CEO has traded in a wide variety of businesses including a casino, a marine theme park, and even a German…

Coil, Mozilla, Creative Commons Offer $100M Grant for Web Monetization

Ripple-backed content platform Coil and major open-source browser Mozilla have teamed up to give away a $100 million grant for web monetization. In a Sept. 16 blog post, the team behind Coil revealed that it, Mozilla and Creative Commons, a nonprofit that provides free licenses for creators, are jointly donating $100 million for a program aimed at facilitating and improving monetization on the web. “Grant for the Web” The aforementioned grant that intends to benefit creators and promote the open Web Monetization standard is dubbed “Grant for the Web.” Web…

Altcoins Continue Explosive Bull Run While Bitcoin Stalls at $10,200

Tuesday, Sept. 17 — Altcoins are showing massive upward price movements, while the No.1 cryptocurrency trades flat at around $10,200. Market visualization. Source: Coin360 While the number of Bitcoin (BTC) wallet addresses holding a minimum of 10 BTC — worth over $100,000 — has hit an all-time high, the Bitcoin price continues to trade sideways, with an intraday high of around $10,320. BTC has been slowly trading downwards to its current trading price of $10,216 and is showing a small gain of 0.8% on the day, according to data from Coin360. Bitcoin…

Freelance Employment Platform Receives Developer Grant from MakerDAO

Blockchain-based employment platform Opolis has announced that it received a developer grant from MakerDAO, the creator of stablecoin DAI. MakerDAO will bring DAI payment integrations to Opolis On Sept. 17, in a press release shared with Cointelegraph, freelance platform Opolis and MakerDAO announced that they will bring stablecoin DAI to Opolis’ blockchain-based employment platform for freelancers. The developer grant provided by MakerDAO will enable Opolis to process DAI payments, give companies and freelancers the choice to pay and be paid in DAI, and allow for Opolis members to pay their…

Huobi Expands to Argentina, Plans to Launch Fiat-to-Crypto Gateway

Singapore-based crypto and blockchain company Huobi Group has rolled out an exchange in Argentina, planning to add support for a fiat-to-cryptocurrency gateway. Per a press release shared with Cointelegraph on Sept. 17, Huobi officially launched Huobi Argentina using Huobi Cloud, a service that allows users to build over-the-counter (OTC) and digital asset exchanges on top of Huobi’s existing platform. Fiat-to-crypto gateway For now, Huobi Argentina’s users can purchase digital currencies with Argentine Pesos (ARS) using Huobi’s OTC service, but the exchange is planning to set up a fiat gateway to…

Hedera Hashgraph — Deep Look Into 10,000 Transactions Per Second Claim

Hedera Hashgraph, a decentralized public network targeting enterprises and claims to be capable of processing 10,000 cryptocurrency transactions per second (TPS), has publicly launched its beta mainnet this Monday. Despite the project’s governing council attracting membership from major multinational corporations — including IBM and reportedly Boeing — some analysts are expressing skepticism regarding Hedera’s representation of Hashgraph’s purported performance. Hedera introduces the Hashgraph algorithm Hedera first launched on March 13, 2018, with the project then comprising just a white paper and the Hashgraph consensus algorithm. Describing itself as a third-generation…

Binance to Launch Lending for XMR, ZEC and DASH This Week

Binance exchange will feature three new coins within the fifth phase of its crypto lending product available for subscription starting from Sept. 20. Same interest rate for all 3 coins After initially launching its Binance Lending Service on Aug. 28, Binance will now allow users to lend assets and earn interest with three major altcoins, including privacy-focused coin Monero (XMR), Zcash (ZEC) and Dash (DASH). Fifth phase of Binance Lending Service. Source: Binance Similarly to the initial phase, lending products on the fifth phase on the platform will have a…