BitLeague Introduces Bitcoin Term Deposits With 9% Interest BitLeague, a blockchain startup based in Delaware, has introduced a Bitcoin term deposit product. This announcement was made at Consensus 2019, where the company also confirmed that the term deposit would offer a 9% interest yearly with a lock-in period ranging from 3 to 36 months. Adnan Gilani, the president of BitLeague, said that their mission is to create an equal and open financial platform that offers liquidity and enormous profits to its users. He further compared their product to the certificate of deposit offered by conventional banks. In this regard, Gilani mentioned that their offer was more valuable to the user because it has an interest of 9% while banks offer a paltry 2%. Additionally, BitLeague will soon start trading services for crypto assets. The company will offer zero-commission trading on Bitcoin transactions in 14 states in the US as an incentive to drive new investors to their new platform. Concerning
The New York State Supreme Court has ruled that Bitfinex is in the jurisdiction of the state’s Attorney General, allowing for a continuation of its investigation.
A department of the Israel Ministry of Finance is looking to drive fintech competition with industry teams and licensing help.
Staffers at CoinCorner, a British bitcoin trading venue and exchange founded in 2014, now receive part or all of their salaries in cryptocurrencies including bitcoin, ether, and XRP, via CoinCoiner Checkout, a crypto payments solution that eliminates the risks of price volatility for users, reports IOMToday on August 19, 2019. CoinCorner…
It is difficult to know whether more sophisticated crypto custody solutions are paving the way for institutional investors or vice versa.
The New York State Supreme Court has decided that it has jurisdiction to rule over the case between the New York Attorney General (NYAG) and iFinex, the parent company of cryptocurrency exchange Bitfinex. The decision now allows the NYAG to continue its investigation, according to a filing. iFinex previously appealed to the court to halt …
Bitcoin’s recovery from its recent drop to lows of $9,500 signals that buyers are currently in control of it, but BTC may soon incur major volatility.
According to Jeremy Allaire, the price increases in Bitcoin since the beginning of the year were driven by more than just Chinese investors seeking to
Quantstamp, a blockchain security company developing automated security tools such as the Quantstamp Security Network, has announced it is open-sourcing
A Binance Labs incubation project, Cere, plans on integrating with Binance’s decentralized ecosystem, Binance Chain
In part two of his ‘Satoshi reveal’, self-proclaimed Bitcoin creator Bilal Khalid unveils where all his bitcoins are and much, much more.
Huobi’s multi-currency wallet, Huobi Wallet, has added support for an EOS-based stablecoin called EOSDT, the eight stablecoin the Huobi Group’s wallet supports.
A cryptocurrency nonprofit is filing a court petition for Israeli banks to provide regulatory clarity on their crypto policies.
EPAM Systems Inc. has joined the Blockchain in Transport Alliance, which develops blockchain standards in the transportation, logistics and supply chain industries.