As at 2019-03-13 average Bitcoin Interest price is 0.12007064 USD, 0.00003072 BTC, 0.00089489 ETH. Bitcoin Interest average change within 24 …
As at 2019-03-13 average Bitcoin Interest price is 0.12007064 USD, 0.00003072 BTC, 0.00089489 ETH.
Bitcoin Interest average change within 24 hour is -2.17 against USD, -2.54 against BTC, -2.75 against ETH. Weekly report: -22.64 against USD, -23.16 against BTC, -21.11 against ETH. Monthly report: -40.24 against USD, -44.23 against BTC, -47.32 against ETH.
In this regard, 24 hour trading volume is 1683.83672984 USD or 0.43080860 BTC. At the same time Bitcoin Interest market capitalization is 2200521 USD or $563 BTC.
It’s noteworthy that is issued into circulation Bitcoin Interest.
Bitcoin Interest BCI/USD on Bitfinex exchange is 0.13. The trading volume on Bitfinex is 1240.43.
… announced two of the most prominent investment firms in the crypto ecosystem, Digital Currency Group (DCG) and Polychain Capital, have invested …
CoinFLEX – the first physically delivered cryptocurrency futures exchange – has today announced two of the most prominent investment firms in the crypto ecosystem, Digital Currency Group (DCG) and Polychain Capital, have invested an undisclosed amount in the trailblazing Hong Kong-based derivatives exchange.
A spin-out of Coinfloor – one of the U.K.’s oldest cryptoasset exchanges – CoinFLEX released the news early on Wednesday afternoon (HKT) via a press statement. The investment from two industry heavyweights in DCG and Polychain represents further validation of CoinFLEX’s differentiated solution. Indeed, the physically-settled futures exchange made a point of highlighting the fact the two crypto investment firms:
Join a consortium of high-profile technology companies, market makers and crypto investors backing the firm, including Trading Technologies, Roger Ver, Mike Komaransky, Dragonfly Capital Partners, and a number of leading market making firms.”
CoinFLEX also used the announcement to unveil a strategy “to encourage liquidity and reward members who trade on the platform.” Called FLEX Coin, the Seychelles-incorporated exchange explained that each day, a set amount of FLEX Coin “will be paid out to traders based on the proportion of the volume they trade as a taker, relative to the total daily volume on the platform.”
Whilst the full details vis-à-vis FLEX Coin will be made available in the weeks to come, CoinFLEX noted that a benefit of holding the loyalty coin will be that traders will be able to spend FLEX Coin in order to receive back 50 percent of their total trading fees from the previous 24-hour period.
Beyond delivering physically-delivered bitcoin futures to retail investors this month, CoinFLEX – which is being led by Coinfloor co-founder Mark Lamb – will also be launching a stablecoin-to-stablecoin futures contract; providing “investors with the ability to hedge exposures with zero index or settlement manipulation risk.”
In explaining DCG’s decision to invest in the ambitious Hong Kong-based futures exchange, Travis Scher (VP of Investments) emphasised the crypto investment company’s belief that “the development of a robust digital currency futures market is critical to the long-term sustainability of the asset class.”
Touted as a competitor to the not-yet-launch Bakkt, CoinFLEX is preparing to offer futures and spot contracts for each of bitcoin (BTC), bitcoin cash (BCH), and ether (ETH) with as much as 20x leverage.
New Delhi: Sri Lanka-based Hatton National Bank has selected its Finacle Trade Connect, a wholly-owned subsidiary of Infosys, to enable a …
New Delhi: Sri Lanka-based Hatton National Bank has selected its Finacle Trade Connect, a wholly-owned subsidiary of Infosys, to enable a blockchain-based domestic and cross-border trade finance network.
The Finacle Trade Connect solution will be used by HNB to pilot a trade network with other corresponding banking partners and its corporate clients. The network is expected to help HNB and other participating entities substantially increase automation and transparency, while efficiently managing risks in trade and supply chain financing operations, Insosys said in a statement.
Banks will be secure from technology evolution risks as the Finacle Trade Connect is agnostic to underlying blockchain infrastructure such as Hyper ledger, Corda, Ethereum and Bitcoin, Infosys added.
“Blockchain technology offers unprecedented opportunities to transform banking, with advantages increasing exponentially with increased collaboration. We have pioneered multiple solutions to help our clients take advantage of this emerging technology to realize real business benefits,” Sanat Rao, Chief Business Officer, Infosys Finacle, said.
Finacle solutions address the core banking, omnichannel banking, payments, treasury, origination, liquidity management, Islamic banking, wealth management, analytics, artificial intelligence, and blockchain requirements of financial institutions.
At the time, Auscoin had installed four machines in Australia, with purported plans to finance the 1,200 terminals through an initial coin offering.
27-year-old Sam Karagiozis has been named as the individual arrested on March 7 following raids carried out by the Australian Transactions Reports and Analysis Centre (AUSTRAC) and Australian Federal Police. The arrest resulted in the suspension of the licenses of two cryptocurrency exchanges that Karagiozis is involved with including his controversial nationwide cryptocurrency ATM network, Auscoin.
Karagiozis was arrested last week following a series of raids conducted by Australian authorities in the Victorian suburb of Bulleen.
Karagiozis has been charged with possessing, importing, and trafficking roughly 30 kilograms of controlled substances, including MDMA, methamphetamine, cocaine, and ketamine via darknet marketplaces. Police allege that Karagiozis played a “key role” in directing the operations of an illegal narcotics syndicate.
Authorities have also revealed that one of the cryptocurrency exchanges suspended following Karagiozis’ arrest is Auscoin. It has been reported that Karagiozis invested $15 million into Auscoin, which sought to roll out Australia’s first nationwide ATM network.
Karagiozis a Fixture in Australian Media
Self-described “serial entrepreneur” Sam Karagiozis has received frequent coverage in the Australian media in recent years. Last month, Auscoin was the subject of a report aired on prime time television that described the company’s purported plan to install 1,200 bitcoin ATMs as an “$80 million scam” built on “grandiose promises.” At the time, Auscoin had installed four machines in Australia, with purported plans to finance the 1,200 terminals through an initial coin offering.
During January of this year, media reported that Karagiozis had incurred a 3 million Australian dollar (approximately USD $2.13 million) loss during the bear trend. Karagiozis also asserted that Auscoin had a turnover of $500,000 Australian dollars each week.
In January 2018, the Auscoin founder had urged investors to buy BTC, asserting that “The first quarter of  is probably the last opportunity people are ever going to get to buy Bitcoin for under AUD$20,000 a coin.” In December 2017, Australian tennis star Nick Kyrgios indicated that he purchased BTC from Karagiozis.
What is your reaction to the founder of Auscoin’s arrest? Share your thoughts in the comments section below.
Images courtesy of Shutterstock, Twitter
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Samuel Haig is a journalist who has been completely obsessed with bitcoin and cryptocurrency since 2012. Samuel lives in Tasmania, Australia, where he attended the University of Tasmania and majored in Political Science, and Journalism, Media & Communications. Samuel has written about the dialectics of decentralization, and is also a musician and kangaroo riding enthusiast.