Monex’s US Subsidiary TradeStation to Launch Crypto Lending Service

United States-based TradeStation, a subsidiary of Japanese firm Monex Group, is planning to launch a crypto lending service. The plan was announced in Monex’s earning report published on July 29. Called “Crypto Earn” the new lending service is “C2B2B” that lends institutions borrowed assets from clients.  Last November, TradeStation launched a cryptocurrency brokerage platform via a newly-launched offshoot called TradeStation Crypto. They initially supported Bitcoin (BTC), Bitcoin Cash (BCH), Ether (ETH), Litecoin (LTC) and Ripple (XRP).  TradeStation launched its app this month and currently, crypto trading is available in 40…

Dash Core Group to Release Next Update, to Launch Testnet By Yearend

The Dash Core Group plans to release another update for its Dash platforms near the end of August, the company announced. The group recently came out with its third release for its newly defined process.  New functionalities to the Dash platform are released every six weeks so the next will launch between August 25 and September 8. As always, the most recent release means all data on Evonet has been wiped. The newest updates features document timestamping, an improved DAPI client for better code quality, usability and testability, an improved…

Stellar (XLM) Could “Launch” Higher Despite Flashing Some Disturbing Signs

Stellar (XLM) has seen some strong momentum throughout the past few weeks, but this is starting to show some signs of faltering as its buyers fail to surmount a crucial resistance region that it has tested multiple times. Its current signs of weakness may not be emblematic of its near-term outlook, however, as one analyst is noting that a variety of factors suggest that it could be gearing up for a fresh leg higher. This trader – who predicted XLM’s last 45% rally – is now noting that he expects…

Bank of Japan Has New CBDC Research Team But No Plans to Launch

The Bank of Japan announced on July 20 that it had formed a new team to accelerate research into the feasibility of central bank digital currencies (CBDC). The team takes over from a previous group formed earlier this year, and will also continue research work undertaken with other central banks. BoJ said it does not currently have plans to issue its own CBDC, although this could change in the future. BoJ was already conducting research into the feasibility of a national CBDC, and formed a digital currency working group with…

Bancor Invites Bounty Hunters to Peek Into Its Code Ahead of V2 Launch

As the launch of Bancor V2 draws close, the team is inviting the community to take a look at its code and report any vulnerabilities they may find. On Friday, the project released the code for the Bancor V2 smart contracts, which feature a variety of improvements that help both the users and liquidity providers of the protocol. At the same time Bancor is also launching a bug bounty program to incentivize the community to find bugs ahead of the launch.  While third party audits are also ongoing, the bounty…

HOPR Data Privacy Testnet to Launch Following Investment by Binance

Swiss data privacy startup HOPR is launching its first public testnet shortly after securing $1 million in investment from investors like Binance. HOPR said that the startup is preparing to launch the testnet and community support program on July 16.  The event will feature rewards in MakerDAO’s stablecoin Dai (DAI). Token sale date undisclosed The HOPR project was launched in response to increasing concerns over online data privacy. The Swiss company develops open source tools for the Web 3 ecosystem and offers a new blockchain protocol for protecting user data.…

Singapore’s Blockchain Payments Platform Ready for Commercial Launch

Singapore authorities announced today that their blockchain payments project, Project Ubin, is complete and ready for commercial launch.  The Monetary Authority of Singapore, or MAS, first undertook Project Ubin in 2017 with plans to first develop a digitized Singapore dollar (SGD). The next steps involved exploring blockchain and distributed ledger technology to build a system for the clearing and settlement of payments and securities using digital SGD. For the final phase of the project, MAS worked in collaboration with the Singapore-based investment company Temasek and the American investment bank JPMorgan. …

Polkadot Wants to Enable You to Launch Custom Blockchains in One Hour

During yesterday’s Unitize blockchain conference, developer Bruno Škvorc illustrated how a Polkadot-based blockchain can be launched within one hour. When speaking at event on July 7, Škvorc explained in detail how to create a blockchain based on Polkadot’s modular “Substrate” architecture. Furthermore, he illustrated how blockchains built this way can be seamlessly updated without needing to hard fork. Škvorc explained that Substrate-based blockchains can be configured by choosing from many available modules to better suit the needs of who is building them. He also claims that — thanks to being…

Lithuania to Launch CBDC This Month — Intended for Collection Purposes, Not Trade

The Bank of Lithuania, or BoL, will launch a pre-sale of its CBDC, dubbed LBCOIN, on July 9, a representative for the central bank told Cointelegraph. The coin itself will be issued and sold on July 23. While LBCOIN is technically a CBDC based on the NEM blockchain and issued by the central bank of Lithuania, the financial institution prefers to call it “the world’s first blockchain-based digital collector coin”. Indeed, LBCOINs will be issued for collectible purposes. This is happening as part of the country’s larger research on blockchain…

Cardano’s ‘Shelley’ Mainnet to Launch Soon

Cardano (ADA) is upgrading from “Byron” over to “Shelley”. According to an announcement from the project: “We’ve been successfully running node v 1.14.2 on the Shelley public testnet for over a week now. And we can confirm that we’ll deploy the new node to the Cardano mainnet… today, 30th June as per the first date in the rollout plan.” Shelley offers greater decentralization and lays the groundwork for Goguen, which will introduce smart contracts. The Shelley version of Daedalus wallet has been released as well. This story is currently developing.…