Bakkt Launch Date Unveiled

Previously announced GBP / BTC and EUR / BTC pairs were not mentioned in the official message
23 October 2018   948

The parent company of the New York Stock Exchange (NYSE) Intercontinental Exchange (ICE) has confirmed that the launch of the Bakkt cryptocurrency platform will take place on December 12, 2018.

The first product of Bakkt will be Bitcoin futures contracts with a physical asset supply.

The official statement says that the bitcoins that will be used to secure contracts will be stored in the ICE digital asset repository. Contracts will be cleared through the division of the ICE Clear US exchange.

Each futures contract calls for delivery of one bitcoin held in the Bakkt Digital Asset Warehouse, and will trade in U.S. dollar terms. One daily contract will be listed for trading each Exchange Business Day. 

ICE Statement

Previously announced GBP / BTC and EUR / BTC pairs were not mentioned in the message.

The plans to launch the Bakkt platform, which will allow users and institutional investors to buy, sell and store digital assets in the global ecosystem, were announced in August of this year. The project partners are Microsoft, Starbucks and BCG.

Earlier in October, it became known that the position of Bakkt’s operating director was taken by ex-Coinbase manager Adam White.

Raven Protocol to be the First IDO at Binance DEX

Team cannot say exactly how IEO will pass, since similar campaigns hadn't been concluded at Binance DEX before, but they are going to sell $500k worth tokens
14 June 2019   404

The Raven Protocol cryptocurrency project announced about the planned initial exchange offering (IEO), which will be based on the infrastructure of the Binance DEX exchange - in this case the campaign will be called IDO or Initial Dex Offering.

Raven Protocol confirmed the right to list its token on Binance DEX paired with BNB on June 17 at 9:00 UTC. At the same time, the IDO of RAVEN tokens will start. The project draws attention to the fact that neither Binance, nor Binance Chain, nor Binance DEX stand behind this initiative.

At the same time, Raven Protocol notes that it cannot say how exactly IEO will pass, since with Binance DEX, similar campaigns have not been conducted before.

Potential participants need to pass a preliminary identification by sending to the address of their address in the Binance Chain, an identity document, a selfie and proof of residence.

In total, Raven Protocol expects to raise $ 500,000 by selling 3% of its own token emission (300,000,000 RAVEN). Accommodation will be on a first come, first served basis. The limit on the amount of investment for one user is declared at the level of 100 BNB.