Huobi Reportedly Plans a Backdoor IPO on the Hong Kong Stock Exchange
The Huobi Group plans a backdoor IPO after acquiring a controlling stake in Hong Kong-based electronics manufacturer Patronics Holdings, a public listed company on HKEX.
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The Huobi Group plans a backdoor IPO after acquiring a controlling stake in Hong Kong-based electronics manufacturer Patronics Holdings, a public listed company on HKEX.
The Atlantis hard fork completed by Ethereum Classic is aimed at the improvement of the altcoin’s functionality and compatibility with Ethereum.
Blockchain-based platform Digital Gold is launching an Ethereum-based GOLD ERC20 compliant token, which represents itself a digital version of actual gold.
The VanEck’s Limited Bitcoin ETF has proved unimpressive so far with only 4 BTC tokens issued. Some crypto experts have also slammed VanEck for its marketing gimmick saying the product is nowhere close to real ETF.
France warned that it will block the development of Facebook’s planned Libra cryptocurrency in Europe as it represents itself a threat for the “monetary sovereignty” of governments.
Both Facebook and the People’s Bank of China, have announced their digital currencies and are looking to release them to the public as soon possible. What does this mean for financial inclusion and the global blockchain industry?
On Thursday, September 12th, the Litecoin is declining again, trading at $68.63.
Binance announced the listing of its USD-backed stablecoin BUSD. According to the announcement by Binance CFO Wei Zhou and Richmond Teo, Co-Founder and CEO Asia of Paxos Trust Company, BUSD will become available to public next week.
Binance is set to resume operations in the United States of America under the name of Binance US. This indicates that the cryptocurrency exchange is doing everything possible to gain an upper hand in the marketplace.
On September 11, Bitwise officially announced the appointment of the Bank of New York Mellon to serve as the administrator and transfer agent for its forthcoming Bitcoin exchange-traded fund (ETF).
In recent news, Seed SX’s subsidiary Zero Hash announced that it will support derivatives transactions, thus opening the gates for institutions to clear derivatives on its platform.
The Binance Futures platforms have already created a lot of buzz with over $150 million worth contracts traded. Currently, users have been given a limited access on a referral basis.
Mastercard and R3 are entering a new partnership which will allow Mastercard to be able to process payments faster. This comes after Mastercard joined the Marco-Polo trading settlements consortium.
McDonald’s has announced its acquisition of Apprente, a Silicon-Valley startup that uses artificial intelligence to better understand voice commands. McDonald’s hopes to use this to improve its voice orders at drive-throughs.
Circle CEO Jeremy Allaire said that China’s research and development on CBDC outclass its peers and the digital version of Chinese Yuan could possibly bypass the Western banking system.