Japanese Broker Monex Launches Crypto-Based CFDs With 2x Leverage

The Japanese online securities company Monex has revealed the launch of cryptocurrency-based contract-for-difference (CFD) services that went live on Wednesday. The new derivatives products offered by Monex will include bitcoin, XRP, ether, and bitcoin cash pairs with 2x leverage. Japanese digital currency exchanges are getting into leverage products as the firm Monex has revealed a derivatives product otherwise known as a contract-for-difference (CFD) service. Basically a CFD acts as the net difference depiction of either losses or gains that stem from the trading of specific assets. CFDs are popular investment…

Read More

John McAfee Launches Ghost Phone Service to Supplement His Cryptocurrency

Two-time U.S. presidential candidate John McAfee has launched a privacy-centric cell phone data service. McAfee said that his Ghost cell phone data service offers 4G data without using a physical SIM card, is compatible with most major phones, and works in more than 50 countries. Ghost Cell Phone Data by McAfee John McAfee announced Tuesday the launch of his new product called the “Ghost Cell Phone Data Service,” which he described as “the first 4G data service to make connections to the network untraceable.” Beta testing began on July 3…

Read More

Incognito Blockchain Launches DeFi Privacy for Kyber

Privacy blockchain Incognito has released Kyber Privacy (pKyber), a privacy feature for decentralized finance within the Kyber Network for users from both parties to trade anonymously. First announced on April 24, Incognito’s open-source technology enables anonymity for smart contract-based protocols, making it possible for any Ethereum-based decentralized app to integrate pKyber. Making DeFi private The company claims that the DeFi environment is increasingly facing privacy concerns from seasoned crypto users and traditional investors looking to explore “a new economy.” Within the integration, Incognito will offer users the option to hide…

Read More

Blockchain Prediction Platform Augur Launches V2 on July 28

Blockchain-powered event betting company Augur says that users of its REP cryptocurrency need to migrate their tokens once a new version of the platform is available starting July 28. According to an announcement posted to the platform’s website on June 29, Augur v2 will launch on the Ethereum (ETH) mainnet at the end of next month. This means that REP token holders need to manually migrate their coins to the new version, REPv2. Augur stated that current tokens will be renamed “REPv1” to lessen any confusion. ‘Use it or lose…

Read More

Ernst & Young Launches Application to Help US Crypto Investors With Tax Filings

Ernst & Young (EY) has introduced a new application that helps U.S. cryptocurrency traders calculate and file their taxes with ease. The EY Cryptoprep app, a Software as a Service (SaaS) web-based crypto tax engine, helps users calculate crypto-related gains and losses that have to be reported on Form 8949, a form used to report sales and exchanges of capital assets. According to a June 18 statement from EY, one of the four largest accounting companies in the world, the engine offers step-by-step guidance through the crypto tax process. Users…

Read More

Casa Launches Free Wallet Service – Bitcoin Magazine

Today, Bitcoin custody solution provider Casa has launched a free wallet service aimed at new users. This app provides a retooled version of the basic wallet it offers its members, designed to be simple to use but without all of the premium services included in Casa’s more advanced products. “We’re excited about launching a free and simple bitcoin wallet that anyone can use,” said Nick Neuman, Casa’s CEO, in a statement shared with Bitcoin Magazine. “More people are turning to Bitcoin as a long-term investment, but they may not know…

Read More

BitPay’s Prepaid Mastercard Launches in US to Make Crypto Accessible

Blockchain payments provider BitPay has launched a Mastercard prepaid card for crypto users in the United States. The BitPay Card enables customers to convert their cryptocurrency into fiat, which can then be loaded onto the card and spent anywhere Mastercard debit is accepted. Card holders can also withdraw U.S. dollars from ATMs and make online purchases. BitPay CEO Stephen Pair told Cointelegraph that the BitPay Card is specifically targeted at crypto holders, serving as a tool to provide a convenient way to access spending power: “The real goal of the…

Read More

Microsoft ION Launches Beta On Bitcoin Mainnet – Bitcoin Magazine

ION, a Microsoft-led decentralized identity system built on top of Bitcoin, has officially been moved to beta on Bitcoin’s mainnet today. The news was shared in a release by Casa, a Bitcoin self-custody provider and project collaborator. First announced in May 2019, the Layer 2 network features its own node structure and is being built as an open-source project. As described to Bitcoin Magazine then, the overarching vision for ION is to furnish users with a decentralized identifier (DID) that could replace the need for usernames. “This DID, like a…

Read More

Crypto Exchange OKEx Launches Ether Options, EOS Options to Follow

Cryptocurrency exchange OKEx announced the launch of Ether (ETH) options contracts on its trading platform. According to a June 4 announcement, following today’s launch of ETH options, OKEx will also launch EOS options contracts on June 18. The firm also announced that it placed 1,000 ETH in the ETH Options insurance fund to prevent clawback. OKEx promotes options as a trading risk hedge Per the announcement, options allow traders to buy or sell the underlying asset to hedge risk and maximize profits. The announcement explains how the contract differs from…

Read More

Crypto Firm Uquid Launches Marketplace- 30,000 Digital Products, Bitcoin Cash Support

On May 28, 2020, the digital currency and blockchain company Uquid has announced that the Uquid Shop is now live and accepting cryptocurrencies like bitcoin cash for payments. The team at Uquid has dubbed the market the “world’s biggest digital shop for crypto users is ready to launch with 30,000 digital products.” Crypto Firm Launches Uquid Shop: 30,000 Digital Products The company Uquid launched in 2016 is one of the earliest cross-border digital services with a blockchain-friendly payment system. The startup was one of three blockchain-based companies to be selected…

Read More