Bakkt Launch Date Unveiled

Previously announced GBP / BTC and EUR / BTC pairs were not mentioned in the official message
23 October 2018   756

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.

Cryptopia to Resume Trading Temporary

Trading lasted few hours and has been stopped, and the company itself has not made any announcements on this matter
18 March 2019   30

Hacked cryptocurrency exchange Cryptopia temporarily resumed trading on this Monday, according to information from the order book on its website. To date, trading has been stopped, and the company itself has not made any announcements on this matter. The total volume of transactions on the exchange, which ceased trading services about two months ago, in the last 24 hours amounted to a little more than 10 BTC.

In a message not related to today's test launch of trades, the exchange announced that it would send letters to all clients affected by the hacker attack. A copy of the letter is available on the Cryptopia website. In it, the exchange describes the circumstances of the hacking and its further actions.

The company also confirmed that it will pay damages to affected users. Customers who kept cryptocurrency stolen from the exchange will see in their accounts withdrawal records without transaction identifiers, reflecting the extent of the damage. They will get Cryptopia Loss Marker (CLM), which are records in the database of payments due to them.

According to the announcement, the company expects to proceed with the payment of compensation and resume trading until the end of the month after the completion of the necessary legal procedures.