Non-Custodial Exchange KyberSwap Launches Fiat-to-Crypto Gateway

Non-custodial exchange KyberSwap has launched fiat-to-crypto gateway in collaboration with cryptocurrency exchange Coindirect. According to a Sept. 13 blog post, KyberSwap’s users can now buy digital currencies directly with fiat currencies, taking into account that the exchange currently supports trading of Ether (ETH) and ERC-20 tokens only. The partnership with MakerDAO-backed third-party service Coindirect enables KyberSwap’s customers to purchase cryptocurrencies using Visa and MasterCard credit and debit cards. Other industry players offering fiat-to-crypto KyberSwap thus joined the ranks of other industry projects supporting fiat-to-cryptocurrency trading. At the beginning of the…

Hybrid AI Firm Cindicator Launches Tracking App for 150 Digital Assets

Hybrid intelligence firm Cindicator launched Edge, a new web app for receiving and tracking indicators for over 150 digital assets. Estimating probability in the market According to a blog post on Sept. 11, the new product called Cindicator Edge targets holders of Cindicator (CND) tokens and is available on free demo basis. Cindicator Edge’s indicators intend to help in making trading decisions by estimating probabilities of various events across more than 100 crypto assets, stocks and futures, according to the announcement. In order to receive more indicators in real-time, users…

Alfa-Bank Launches Bank-as-a-Service Platform on Waves Blockchain

Alfa-Bank and X5 Retail Group partnered to launch a blockchain liquidity management service in Russia. According to a press release published by the bank on Sept. 12, the service — dubbed Distributed Treasury and Cash Management (DTCM) — enables Alfa-Bank’s corporate clients to manage their payments, loan and deposit products, as well as liquidity pool inside the holding. A bank created for the user The service is described as a “bridge to the Bank-as-a-Service (BaaS) model for corporations.” Director of the Alfa-Bank Center for Innovations Research and Development Denis Dodon…

Major South Korean Mobile Carrier Launches Blockchain Project

Union Mobile, the fourth-largest mobile carrier in South Korea, announced the launch of its blockchain project called ELYNET. Using blockchain to make communication more efficient  On Sept. 11, Union Mobile announced that ELYNET aims to use blockchain technology to make telecommunications more efficient for those users who rely on a single carrier for telecom service. ELYNET will purportedly allow users to freely use data communication services without roaming fees and contracts. Union Mobile’s CEO Seyong Ro explained that the platform will launch with an accompanying token, stating: “This will help…

Seed CX Subsidiary Zero Hash Launches Support for Crypto Derivatives

Zero Hash, a calculation and settlement agent and subsidiary of cryptocurrency platform Seed CX, has added support for derivatives. According to a press release published on Sept. 11, Zero Hash now allows the settlement of bilateral derivatives transactions and supports settlement functions for forwards. The newly released service provides collateral management for derivatives, including options such as  “the calculation of variation margin, initial margin and final settlement values […] the sending of margin-call notifications.” Expansion to new options After procuring a virtual currency license from the United States Financial Crimes…

Domino’s Pizza Launches $100K Bitcoin Prize Competition in France

The French unit of Domino’s Pizza launched an ordering competition with a prize of $110,000 in Bitcoin (BTC) or cash. Game is active from Sept. 4 till Oct. 6 According to a company’s tweet on Sept. 6, Domino’s Pizza France initiated the 100,000 euro give away on the occasion of its 30th anniversary.  Started on Sept. 4, the contest will allow buyers to participate in games while ordering pizzas from Domino’s until Oct. 2, while purchase registration will be available till Oct. 6, according to the campaign’s website. As noted…

Nasdaq Launches Decentralized Finance Index for Digital Assets

Major United States stock exchange Nasdaq has unveiled a blockchain decentralized finance (DeFi) index Defix (DEFX). According to a Defix press release published on Sept. 9, brokerage firm Exante streamlined the launch of the Defix index. A disparate group of crypto assets The index includes crypto assets of projects such as the one of Proof-of-Work blockchain Amoveo (VEO), decentralized exchange protocol 0x (ZRX), prediction market Augur (REP). Also the governance token of the decentralized autonomous organization behind the DAI stablecoin and MakerDAO (MKR).  Amoveo main developer Zack Hess commented on…

Gemini Launches Custody Service With 18 Cryptos Including ERC-20 Tokens

The Gemini exchange is launching an institutional-grade crypto custody solution, according to an announcement Tuesday. Through the Gemini Trust Company, a regulated custodian overseen by the New York Department of Financial Services (NYDFS), the Winklevoss-backed exchange now offers “Gemini Custody,” a platform which would enable clients to trade assets instantly by offering them credits. Previously, clients would have to wait more than a day to access and trade assets. Gemini customers will be able to trade assets held offline without waiting to access them using the new system, the release…

Tether Launches New Stablecoin Pegged to Offshore Chinese Yuan

Stablecoin firm Tether announced the launch of a new stablecoin tied to the offshore Chinese yuan dubbed CNHT. According to an announcement on Sept. 9, Tether CNHT is pegged to the offshore yuan and available as an ERC-20 token on the Ethereum blockchain. The new currency joins Tether’s other stablecoins backed by U.S. dollars (USDT) and euro (EURT). What is the offshore Yuan? China’s national currency is officially called the renminbi. The currency’s unit is called the yuan, of which there are two kinds: offshore and onshore. The main difference…

Bitmain Launches Two New S17 Bitcoin ASIC Miners Today

Leading mining Application Specific Integrated Circuit (ASIC) producer Bitmain announced two new S17 miners in a press release shared with Cointelegraph. The two new mining ASICs, namely the S17e and the T17e, will both be launched on Sept. 9. The company claims that both the new models feature improvements, which should translate to higher efficiency, more stable operation and more longevity. ASIC specifications released Bitmain also released the specifications of both the newly announced mining machines. The S17e has a hash rate of 64 TH/s and operates with a power…