Bakkt Hinting On Adding Altcoins

On November 23, Bakkt, the cryptocurrency exchange platform of Wall Street giant Intercontinental Exchange, have recently hinted that they are open to adding other cryptocurrency assets other than the bitcoin.

This comes after announcing that its Bitcoin futures product offering will be postponed to a later date which was initially slated for a December 12 release.

There were no specific assets mentioned by the company but have stated that they are getting inputs form customers and general public on what they want and need.

Some have speculated that the current market slump was due to inside information of the delay which investors have accumulated based on the December launch.

Bakkt states that its decision to delay the financial product stems from its need to get its house in order and to ensure that trading went seamlessly.

The new target of the launch will be on January 24, 2019. CEO Kelly Loeffler wrote that the company wants all participants to be ready to trade on day 1.

Fusion Of Traditional Business And Cryptocurrencies

Roman Ziemian, the co-founder of FutureNet is one of the few individuals who have recognized the potential of cryptocurrency technology early on.

In fact as early as 2014, when the company was established, it was built around social media, cryptocurrencies, advertising platform, online advertising and sales network structures.

Just recently, it has added FuturoCoin to its list of solutions to ensure that FutureNet’s clients are not missing out in any action of the nascent industry.

The visionary believes that for a business to be successful it should always look at the business from a global and timing perspective.

It should create a product that will be in demand among society at any time and place in the world.

It should be something that can be developed in accordance to market changes.

As an organization, it should not be afraid of doing something new but at the same time does not forget to assess the associated risk.

Ziemian’s vision of fusing traditional MLM business and blockchain technology as well as through the release of its own cryptocurrency FuturoCoin (based on Dash) is a way of looking at business form a global and timing perspective.

It was an initiative for his own personal agenda but for his clients and over 3.5 million users in 190 countries.

He believes that there is still a lot of money to be made in MLM and with the addition of blockchain technology will open up more earning opportunities for their platforms users.

Universities Around The World Support Crypto Developments

Institutions of higher education from around the world have been offering classes on cryptocurrencies and supporting research initiatives for the emerging industry.

Educational institutions from Asia, North America and Europe have offered crypto-related courses.

According to news reports IBM and Ivy league school, Columbia University have announced two new accelerator programs for blockchain developers. IBM is a multibillion IT giant while Columbia is one of the most prestigious universities in North America. The program will support 10 startups giving them access to technology and services worth approximately $400,000.

On the other side of the world, the University of Tokyo have receive a donation worth $800,000 USD or 90 million Japanese Yen to assist a blockchain innovation course for engineering students. The donation was made by Ethereum Foundation together with the help pf other companies including Sumitomo Mitsui Financial Group.

Meanwhile in Europe VNX exchange has partnered with University of Luxembourg in order to enhance the security of crypto assets. The initiative seeks to develop higher level of security for crypto assets as well as design new IT frameworks.

Ledger Opens New York Office

The company behind the successful hardware wallet manufacturer, ledger, has recently opened its doors in New York in its bid to develop its institutional grade crypto custody offering Ledger Vault.

Ledger Vault will be spearheaded by former Intercontinental Exchange (ICE) executive Demetrios Skalkotos.

According to Ledger CEO Pascal Guthier, New York is the center of the financial World and having Ledger Operations situation in the jurisdiction is a natural fit for the company.

Ledger is preparing to service the growing number of corporate clients that are entering into cryptocurrencies.

Mr. Skalkotos reveals that would-be clients are already demanding options for security custody management for enterprises.

The security of large multi-cryptocurrency funds is a highly complex challenge that, according to Mr. Skalkotos, cannot be solved by just implementing procedures.

He also added that institutions are looking for safer storage options along with integrated governance policies but don’t want to sacrifice convenience.

Resumption Of XRP Trading In CoinCheck

In a recent official announcement, CoinCheck will resume the trading pairs for XRP and FCT tokens. Trading will commence on November 26, 2018.

Deposits and sales of the two cryptocurrencies will be partially operational during this time with a few ancillary services going online.

With the resumption of services for these cryptocurrencies, it brings the total number of cryptocurrencies actively supported on the platform which includes: Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Ethereum Classic, Lisk and NEM.

This comes as a positive development for the Japanese exchange as it is slowly changing its fortune coming from one of the worst security breaches in crypto history where it has lost roughly around $530 million worth of NEM tokens.

Headlines for the world of Cryptocurrencies - November 26, 2018 Biggest Crypto Mining Farm In The World Will Be Located In Paraguay / Hong Kong’s New Regulations To Benefit Custody Companies Like Invault / US Defense Department Interested With Blockchain Technology / Crypto Mom SEC Commissioner Speaks About Her Dissent / First US State To Accept Bitcoin Payments
Headlines for the world of Cryptocurrencies - November 25, 2018 Bitcoin Too Successful According To Snowden / DARPA Wants To Understand Distributed Consensus Protocols / SEC Compliant ICO Process Up To $50 Million / New BCH Killer App Wormhome Wallet / Overstock Selling Retail Business Next Year To Concentrate On DLT
Headlines for the world of Cryptocurrencies - November 24, 2018 Bitcoin Transaction Numbers Increasing Set To Beat Mastercard / Bakkt and Fidelity Will Bring Bitcoin Liquidity / V-Bucks From Fortnite Ranks Higher Than Cash On Teens’ Holiday Wish Lists / $3M Palazzo For Sale For Bitcoin Only / Bitcon Price Index Based On OTC Platform Released By VanEck