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🚀 Bakkt up the Truck! Physically Delivered Bitcoin Futures Platform Cleared for Launch🚚
| | | Retirement savings in crypto? You may be fined if you're Aussie 😨 |
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| | 🔼 Bitcoin Futures Exchange Bakkt "Cleared for launch"
Bakkt revealed that the company has received the long-awaited approval from the CFTC and NYSDFS.
The primary target market of the platform aims to enable institutional investors to buy, sell, and store Bitcoin (BTC) among other services.
Bakkt has already started accepting user testing with a full launch scheduled for September 23 of this year.
| | ⚙️ Binance to launch "Venus", a "regional version of Libra"
Binance has announced that it's launching a project that will develop cryptocurrencies and digital assets pegged to fiat currencies around the world.
Binance said it's seeking to create new partnerships with governments, enterprises and cryptocurrency and blockchain firms to assist the effort.
Binance has already launched 2 asset-backed stablecoin including Bitcoin BEP2 (BTCB) and Binance GBP stablecoin (BGBP) on Binance Chain.
| | 🔢 Coinbase admits bug that stored 3,420 passwords in plain text
Coinbase disclosed a potential vulnerability that 3,420 of its customers' passwords were stored in plain text on an internal server log.
The bug occurred due to Coinbase's use of React.js server-side rendering on the signup page.
Coinbase said it has also triggered password resets for any individual whose account was impacted.
| | 💳 Monolith lets users spend DAI anywhere in the world
Crypto startup Monolith is issuing a new Visa debit card which allows users to spend Dai (DAI) in stores that accept Visa payments.
Monlith has partnered with MakerDAO (MKR), the firm behind Dai, for the initiative.
"As part of Monolith's offering, users are able to pay for everyday purchases, pay bills or send and receive money from friends and family - all powered by Ethereum," the firm said.
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