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.
Alex Kruger, an economist and cryptanalyst, recently discovered that one user of the Korean exchange Bithumb has been creating $250 million in “fake volume” on the exchange every day since August 25th.
CBOE Global Markets, owner of the Chicago Board Options Exchange (CBOE) and one of the world's largest holding companies, plans to launch Ethereum (ETH) futures by the end of 2018, Business Insider reports.
Ticket Monster (TMON) is an e-commerce company with approximately $4 billion in sales. On Wednesday, the company issued a press release saying it had raised $32 million to issue a new stablecoin, Terra, in addition to its existing Luna token, which is collateralized on the company's blockchain platform.
Bithumb, one of the largest cryptocurrency exchanges in South Korea, is renewing its contract with Nonghyup Bank and will reinstate new account registrations. Korean news agency Yonhap reported on Wednesday that Bithumb and Nonghyup plan to sign a contract on August 30 that will allow the exchange to register virtual accounts for cryptocurrency traders.
On the cex.io crypto exchange, you can now complete the account verification procedure with Telegram Passport by logging into your account via Telegram.
London-based cryptocurrency exchange Coinfloor announced that the government of Gibraltar has issued the company a license to conduct exchange activities in this jurisdiction. According to Finance Magnates, the exchange received permission to supply DLT (distributed ledger technology) services in accordance with the 2018 regulations “on the organization of financial services.”
Sometimes you can see strong growth in altcoins while the price of Bitcoin remains stable over a long period of time. In the case of the Dash price, the current dynamics look very bullish, while no one knows exactly where this growth came from.
Binance has unveiled a new incubation program that aims to support and assist early-stage startups. Coinbase Updates Top 50 Cryptocurrencies
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