Block.One Will Not Launch Its Social Network on EOS

In June when Block.one, the company behind the largest initial coin offering (ICO) in history, announced its Facebook-challenging social network, Voice, it promised the blockchain would run on the EOS mainnet. Plans have changed. Voice is meant to be a new kind of social network, one with crypto built in and one that defeats bots by verifying the identity of every single account. The company went silent about Voice for months after the summer announcement but then, in December, it revealed a launch date for Voice of Feb. 14. With…

Alethea to Launch Decentralized Network for Deepfakes and Synthetic Content

Alethea AI is launching a decentralized Synthetic Content Network to track the usage and intellectual property of AI-generated content. The company plans to offer a wide selection of content, including but not limited to face-swapped deepfake videos. Alethea is a production studio for AI-generated content, having previously released a video featuring Binance’s CEO Changpeng Zhao’s face in a martial arts setting. Other content includes a video on climate change, made to challenge the negative reputation of deepfakes. Synthetic content is often criticized for its potential impact on fake news. These…

Binance in Talks to Launch Crypto Trading Joint Venture in Japan

Crypto exchange Binance is eyeing the launch of a new trading platform dedicated for the Japanese market. According to a blog announcement on Thursday, the firm said it is discussing a strategic partnership with Z Corporation and existing Japan-based exchange TaoTao to work together to provide “trading services” in the country. Z Corporation is a wholly-owned subsidiary of Z Holdings Corporation, itself a subsidiary of Tokyo-based multinational Softbank (formerly Yahoo Japan). The three firms would harness Binance’s technologies in order to build out the new service, according to the announcement.…

Anchorage Acquires Merkle as Part of Trading Service Launch

Crypto custody company Anchorage now offers a crypto brokerage service, acquiring Merkle Data to further the service.  Anchorage has introduced an institutional crypto trading service called Anchorage Trading, and has acquired institutional-grade risk management and analytics software company Merkle Data to enhance the endeavor, Anchorage co-founder and CEO Nathan McCauley said in a Jan. 15 post on Anchorage’s blog.  Institutional crypto trading Anchorage’s new offering allows institutional players to trade crypto assets via traders Anchorage employs, the post said.  This new offering also takes advantage of Anchorage’s crypto custody services.…

Startup Crypto Exchange Blade to Launch Zero-Fee Trading in February

Crypto perpetuals exchange Blade will be introducing zero-fee trading next month in a bid to gain market share from rivals.  The Coinbase-backed exchange, which began operations in September, will also drop the $10 subscription fee it had planned to collect from traders on a monthly basis. Though based in San Francisco, Blade prohibits U.S. residents from opening accounts on its platform. Blade will be the first cryptocurrency exchange to offer fee-less trading in bitcoin perpetuals – no-expiry contracts which mimic a margin-based spot market and trade close to the underlying reference…

Binance to Launch Korean Support Center Following Investment in Local Startup

Cryptocurrency exchange Binance has made its first direct investment in a South Korean startup. According to an exclusive report by CoinDesk Korea, Binance has taken a 500 million won ($432,000) stake in BxB, a Korean fintech firm that launched a Korean won stablecoin last year. Alongside the investment, the two firms have inked an agreement that will see BxB support Binance in operating a new support center for local users of Binance.com, the exchange’s international platform. The investment was made, not through the exchange’s incubator arm Binance Labs, but directly…

Asset Manager WisdomTree Hopes to Launch a Stablecoin in the US

Asset manager WisdomTree intends to launch a regulated stablecoin in the United States, financial news outlet FNLondon reported on Jan. 13. Per the report, WisdomTree is looking to deploy a digital currency backed to a basket of assets such as gold, fiat currencies or government debt. The firm also intends to obtain approval by the U.S. Securities and Exchange Commission (SEC) for its project. The news follows a recent announcement that WisdomTree invested in a startup called Securrency Inc., one of the top institutional-grade blockchain builders in the financial and…

MARKETS DAILY: China Moving Closer to Digital Yuan Launch

Whether you’re a first time listener or you’ve heard every episode, we’d like to know what you think about the show. What do you like? What you don’t like? What you think we’ve totally missed but should be talking about every day or at least every week? Disclosure Read More The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and…

Bitcoin Options Launch Imminent as CME Open Interest Hits 7-Month High

Bitcoin (BTC) futures traders generated at least $20 billion in daily volume last week as two new options products prepared to hit the market.  According to data released by futures provider CME Group on Jan. 9, its futures contracts alone saw open interest almost 70% higher than at the end of 2019. “Serious” volume precedes options debut Open interest was the among the highest ever last week, only noticeably lagging behind the peak seen at the end of June.  At the time, BTC/USD was circling its local highs of $13,800,…

Analyst Expects Altcoins to Suffer With Launch of Bitcoin Options: Here’s Why

At long last, the CME — one of the first regulated institutions to offer Bitcoin futures — will be launching options for its BTC futures contracts. The launch will be taking place on January 13th (today, as of the time of publishing this). Related Reading: Ripple CEO: These 3 Key Reasons Are Why XRP is Not a Security Due to the fact that the CME has been one of the most influential companies on this nascent market over the past few years, analysts have already begun speculating on what effect…