| November 1, 2019 | View in browser |
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Go Pro. This week, our pro newsletter dove into China's stance on blockchain technologies, Bakkt's upcoming consumer payment app, and Tether's insolvency.
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This week in a nutshell
- In preparation for their upcoming blockchain initiatives and national cryptocurrency, China has banned articles that say blockchain technology is a scam from the public.
- Caanan Creative, a cryptocurrency mining hardware manufacturer, has filed to go public in the United States. This is Canaan's third attempt to go public after trying in both mainland China and Hong Kong .
- Binance has launched a fiat to crypto onramp/offramp by way of the Russian Ruble (RUB). Users can now deposit Russian Ruble and buy BTC, ETH, and XRP.
- Cryptocurrency mining hardware manufacturer Bitmain has filed for an initial public offering in the United States with Deutsche Bank as their sponsor.
- Cryptocurrency exchange OKEx will be launching cryptocurrency-based futures contract settled in Tether (USDT) beginning November 6. OKEx will support USDT pairs including bitcoin (BTC), ether (ETH), bitcoin cash (BCH), EOS, XRP, bitcoin SV (BSV) and Tron (TRX) at launch.
- BitMex has leaked the email addresses of its users. In a mass email sent out on November 1st, all of its recipients' email addresses were visible in the 'to' line.
- On October 30th, the bitcoin blockchain hit 1 billion in cumulative transaction fees.
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