In our “Stock” section, we cover news and developments related to traditional financial markets and publicly traded companies. Here you will find information about stock market trends, major companies, and the intersection between stocks, fintech, and cryptocurrencies. Read the “Stock” section on ForkNews to stay informed about movements in the global financial markets.
South Korean cryptocurrency giant Bithumb is temporarily stopping accepting new clients amid reported problems with renewing its banking service contract.
According to local sources, the Japanese financial institution Mizuho Bank is accused of defrauding the deposits of clients of the Mt Gox exchange who hoped to withdraw their funds after the collapse of the exchange.
The founder of the crypto exchange, Changpeng Zhao, expressed his opinion on Tether (USDT) as part of the Korea Blockchain Week conference, noting that the situation may be cause for concern.
Canadian crypto exchange and brokerage platform Coinsquare has added XRP to its listings, moving even closer to its goal of becoming the premier trading destination for retail cryptocurrency investors.
According to TABB Group, an international research company, the over-the-counter (OTC) BTC market is significantly larger than the global Bitcoin market. OTS is a place of trade for real Whales.
On July 31, 2018, Japanese financial services company SBI Group announced that it plans to create a trading platform for cryptocurrency credit default swaps (CDS), also known as derivatives. The purpose of the platform is to hedge the risk that large crypto investors are interested in, and therefore SBI has made a significant investment in US-based digital marketplace developer Clear Markets.
The company is creating an ecosystem in which traditional physical assets (gold, platinum, etc.) will be traded for virtual currencies in the digital environment.
Today, August 1, EOS trading starts on the Poloniex exchange. This is the first token selected for listing using the Circle Asset Framework's cross-product prioritization tool.
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