Barclays to Create Seniors' Team to Study Crypto Trading

To study this issue, a high-level team was already assembled, chaired by the former head of energy trading Chris Tayrr
07 August 2018   603

British investment bank Barclays returned to the issue of crypto currency, after its CEO denied the information about the preparations for the launch of a specialized unit to trade them. This is reported Financial News.

In May 2018, Jesse Staley told the shareholders of the bank that he maintains a skeptical attitude towards crypto-currencies because of the problems of their regulation. According to a new publication Financial News, the bank can still launch its own "project in the field of digital assets."

To study this issue, a high-level team was already assembled, chaired by the former head of energy trading Chris Tayrr. It also includes Marvin Barth, in charge of the macro strategy in the emerging markets and foreign exchange markets, and an expert on the blockchain Lee Brain, who is one of the leaders of the technological division of the bank..

Last month, it became known that Barclays filed two patent applications for blockchain technology, designed to optimize the procedures for customer identification and bank transfers.

OKEx to Launch OKChain Based Decetralized Exchange

Great role in the upcoming exchange will be played by OKB coin, which will be trasfered to OKChain as soon as its development finished
22 March 2019   108

OKEx cryptocurrency exchange will launch a decentralized trading platform on its own blockchain.

Currently, the OKChain blockchain is in the final stages of development, and its test network may be launched as early as June 2019. When the OKEx blockchain becomes stable enough, it will transfer OKB to it, which will then perform the function of the native OKChain token and be used to pay commissions, as well as in its own decentralized network applications.

The primary purpose of OKChain is to launch the OKDEx decentralized exchange, where the OKB token will be used to participate in presales. In addition, project teams will use OKB tokens to pay the service fee to the super nodes of the network.

While the total volume of OKB emissions is 1 billion, 300 million tokens are in circulation today, and 700 million remain blocked. Of this number, 300 million OKB will be distributed to users through the loyalty program, and 400 million belong to the OK Blockchain Foundation and the exchange team. However, for a more efficient formation of the OKB ecosystem, the blocking period of these 700 million tokens will be extended from 2020 to 2022, writes OKEx.

In addition, OKB will be the only token to be accepted during the initial exchange offerings (IEO) on the OK Jumpstart platform, announced earlier this month. According to the company, it is currently negotiating with various projects and will soon announce the launch of the first IEO on OK Jumpstart, for which investors will be admitted who have passed personal verification and have OKB tokens in their accounts.