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ADAB Solutions, which is based in the United Arab Emirates, has announced plans to launch FICE - the First Islamic Crypto Exchange - next year, which will operate “in accordance with Sharia law.” It is reported that by 2020 the company plans to achieve daily trading volume of $146 million and monthly trading volume of $4.4 billion.
Japanese cryptocurrency exchange Coincheck continues to struggle for financial stability after becoming the victim of the largest hacker attack in the history of the crypto industry earlier this year. However, the company has so far reported losses totaling more than $5 million for Q3 2018.
One of the world's leading cryptocurrency exchangers, Hong Kong-based OKEx, has announced its intention to remove dozens of trading pairs on its platform. The delisting announcement was published on the company's website.
Last week, the Bitfinex crypto exchange introduced users to the Honey Framework, a set of tools for programmable trading on its platform. Now users have the second element of the Honey Framework, its strategic part, to create their own trading strategies.
Mohit Dawar, co-founder of the exchange, announced this at the blockchain summit in Dubai. With over a thousand people attending the summit, it is one of the most influential events in the crypto space and a great audience to promote the company's ambitious plans.
The three million that the Binance Charitable Foundation (BCF) will receive was donated using the TRON ecosystem's native currency, TRX. BCF is a non-profit organization that was created with the goal of accelerating the adoption of blockchain technology as well as helping those in need.
One of the largest cryptocurrency platforms, Binance, is actively expanding in Southeast Asia. The exchange's ambitions are supported by a major investment from Temasek Vertex to help grow the company.
On December 12, 2018, the Intercontinental Exchange (ICE) will begin trading Bitcoin futures contracts. It is noteworthy that contracts can be concluded through the platform’s digital asset storage, and clearing will be carried out by ICE Clear US, Inc. All quotas will be in US dollars, and the amount that will be blocked on the account when concluding a futures contract will be 10 bitcoin.
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