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Open Interest for Ethereum Futures Soars to All-Time High of $2.21 Billion

Open Interest for Ethereum Futures Soars to All-Time High of $2.21 Billion

Bybt, an aggregated derivative exchange, has provided a more in-depth analysis about open interest on Ethereum Futures hitting a record-high of $2.21 billion.

Singapore to Pump $8.9 Million Into National Blockchain Ecosystem

Singapore to Pump $8.9 Million Into National Blockchain Ecosystem

The Singaporean government has deployed a US$ 8.9 million national blockchain initiative dubbed the Singapore Blockchain Innovation Program (SBIP).

Vodafone Follows PayPal and Visa to Leave Facebook's Libra Association

Vodafone Follows PayPal and Visa to Leave Facebook's Libra Association

Maybe what Facebook is not doing right that costs it to lose founding partners? Breaking news shows that Facebook’s Libra has lost another member of its council. This time round, Vodafone has confirmed to have left Libra Association.

World's First National Digital Currency to Be Built on Algorand

World's First National Digital Currency to Be Built on Algorand

World’s First National Digital Currency to Be Built on Algorand

Italian Banking Association Chose Decentralized Blockchain Route

Italian Banking Association Chose Decentralized Blockchain Route

The Italian Banking Association, Associazione Bancaria Italiana (ABI), chose to leverage the blockchain-based system Spunta, as they could not identify an appropriate single actor to run a centralized system.

Chinese Bank Issues the First Asset-Backed Commercial Paper in China on Blockchain

Chinese Bank Issues the First Asset-Backed Commercial Paper in China on Blockchain

China Zheshang Bank, based in Zhejiang province has leveraged blockchain technology to issue the country’s first asset-backed commercial paper in the Chinese financial market. China Zheshang Bank successfully issued the “Lianxin 2020 Lianjie First Phase Asset-backed Commercial Paper,” which was worth 120 billion yuan ($16.93 billion). The asset-backed commercial paper (ABCP) was issued as a part of the National Association of Financial Market Institutional Investors’ (NAFMII) pilot project. ABCPs are short-term investments issued by financial institutions to support companies in their short-term goals.

Bitcoin Futures on CME Breaches The $50,000 Resistance Level

Bitcoin Futures on CME Breaches The $50,000 Resistance Level

Bitcoin futures on Chicago Mercantile Exchange briefly breached the $50,000 psychological level.

Stablecoin Reserves May Be Held in National Banks, US Treasury Office Provides Insight

Stablecoin Reserves May Be Held in National Banks, US Treasury Office Provides Insight

The OCC announced that national banks and federal savings associations could hold reserves for customers with stablecoin assets.

Cambodia Officially Launches Its State-Backed Digital Currency “Bakong”

Cambodia Officially Launches Its State-Backed Digital Currency “Bakong”

The National Bank of Cambodia has announced an official launch of a national digital currency that would operate via smartphone apps.

Sierra Leone Revamps National ID Infrastructure with Blockchain

Sierra Leone Revamps National ID Infrastructure with Blockchain

According to Sierra Leone’s President, Julius Maada Bio, the nation intends to use blockchain technology in restructuring the national ID system.

The Singapore Fintech Association: Boosting the Industry with Blockchain Education

The Singapore Fintech Association: Boosting the Industry with Blockchain Education

Following part one of our interview with the founding president of the Singapore FinTech Association, Chia Hock Lai, we further explored the education initiatives in the blockchain industry in Singapore.

Open Interest in Bitcoin Futures Extends Gains, Nearing All-time High Reaching Over $5 Billion

Open Interest in Bitcoin Futures Extends Gains, Nearing All-time High Reaching Over $5 Billion

According to data published by Bybt cryptocurrency futures and information platform, the current Open Interest in Bitcoin futures contracts has hit $5.35 billion.

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