New Platform Shows Ads Only On-Demand and Promises to Pay Crypto for Views

A company intends to change the ways of traditional advertising by creating a platform called WeBuy. The idea is to allow what the company calls “buyers” to decide when and how the sellers of different products can reach them on-demand. Shopper in the center   WeBuy believes that annoying online ads are one of the problems of the modern advertising market. Instead of increasing the interest of potential buyers, they get the opposite effect. The company believes its product can change the way buyers and sellers currently communicate by putting…

Bittrex Launches Over-the-Counter Trading Platform for Bitcoin, Crypto

Major cryptocurrency exchange Bittrex will launch an over-the-counter (OTC) trading desk today, January 14, 2018, by 18:00 UTC. The service will allow investors to trade nearly 200 digital assets currently offered on the Bittrex trading platform. OTC trading is popular with institutional investors who trade in large volumes of cryptocurrencies. This form of crypto trading happens between two parties, and it takes place away from the exchanges. OTC trades are often handled via brokers, who offer high-volume traders a trading desk to execute large trades with a faster settlement and…

Overstock’s Security Token Trading Platform to Give Investors Control Over Token-Holdings

The security token exchange subsidiary of e-commerce retail giant Overstock, tZero, has started releasing control of its tokens, according to a letter to investors released on Jan. 11. Last August, the subsidiary had announced that its security token offering would close, having raised $134 million out of the maximum amount of $250 million previously specified. In June 2018, tZero had also signed a letter of with investment company GSR Capital for the purchase of $160 million in tZero Security Tokens. According to tZero CEO Saum Noursalehi’s letter, investors now have…

Crypto Platform Tron Hires Former SEC Attorney as First Chief of Compliance

Blockchain platform TRON has hired a former United States Securities and Exchange Commission (SEC) supervisory attorney as its first chief compliance officer. The company has revealed this to Cointelegraph in a press release on Jan. 9. David Labhart, who previously worked as an attorney for the U.S. regulator, will also take on the role of co-general counsel at the company. TRON, along with its associated TRX token, has built a major presence over the past year, in part due to the continued, and at times controversial, publicity efforts centred around…

China Banking Body to Develop Multi-Use Blockchain Platform With Major Banks

China’s self-regulatory bank organization the China Banking Association (CBA) will launch a blockchain-based platform to improve efficiency across the sector, participants confirmed in a statement Dec. 29. The project, formally dubbed the ‘China Trade Finance Inter-bank Trading Blockchain Platform,’ aims to use blockchain to target trade finance, transactions and other financial services. Multiple guinea pigs have signed up to pilot the platform, among them well-known names such as HSBC, Bank of China and Ping An Bank. “The establishment of this inter-bank platform can be described as extraordinary, opening up barriers…

Daily Traded Volume on Huobi’s Crypto Derivatives Platform Breaks $1 Billion

Daily traded volume of cryptocurrency contracts on the Huobi Derivatives Market (DM) has broken past $1 billion, according to a press release shared with Cointelegraph on Dec. 27. Huobi Global — which operates the world’s third-largest largest crypto spot market trading platform — launched Huobi DM last month. The new platform allows traders to trade Bitcoin (BTC) and Ethereum (ETH) contracts that aim to allow for arbitrage, speculation, and hedging. Having reportedly broken past $1 billion in daily trades on Dec. 25, Huobi DM is today expanding its crypto contracts…

Leading Asian Online Retailer Qoo10 to Launch Merchant Fee-free Blockchain-Powered Ecommerce Platform

qoo10.sg A blockchain-based online marketplace built on the Ethereum protocol is set to be launched by ecommerce firm Qoo10 on January 1, 2019, Tech in Asia reports. Known as QuuBe, the blockchain-based marketplace comes with a cryptocurrency of its own dubbed the Q*coin. Currently, Q*coins, which are the only accepted means of payment on QuuBe for shoppers, can be purchased in 7-Eleven stores. Qoo10 does not expect to allow other cryptocurrencies to be used on QuuBe due to their volatility. Per the CEO of Qoo10, Ku Young Bae, the platform…

World’s First Regulated Blockchain Real Estate Crowdsale Platform Launched in Switzerland

blockimmo Tokenized assets are here to stay. The current race is about who can get regulated products to the market first and then who can successfully gain user adoption. While several projects have purported to tokenize real estate assets, blockimmo is the first to do it within the bounds of existing regulations in two jurisdictions. The blockimmo platform launched recently with two test properties, but they intend to have actual real estate listed in the beginning of 2019. The way blockimmo works is a real estate seller lists the property…

Tunisian Internet Agency Signs Strategic Partnership With Blockchain Platform

The Tunisian Internet Agency (ATI) is going provide hosting services for the Russian blockchain platform Universa, according to a press release shared with Cointelegraph on Dec. 19. Founded in 1996, the ATI is a governmental body run by the Ministry of Communications with the objective to promote Internet usage in the country. Per the release, the ATI has signed a 10-year renewable strategic partnership with the blockchain platform Universa to provide hosting services for the platform and facilitate its further development. The agreement sets up a range of objectives, wherein…