Malta Crypto Exchange Opened by Coinone to Close Next Month

CGEX, a Malta-based exchange opened by South Korea’s Coinone less than a year ago, is shutting down. The exchange posted an announcement last week saying that all services would be terminated on Sept. 18 at 2:50 UTC. After that date, customers will no longer be able to log in, and deposits and withdrawals will no longer be […]

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Second-Largest Indian State to Use Blockchain in Various Spheres

The government of the Indian state of Maharashtra is preparing a regulatory sandbox for testing blockchain solutions across various applications.  According to a report by Indian English-language news daily DNA India on Aug. 19, the government aims to apply blockchain technology in supply chains, agricultural marketing, vehicle registration and document management.  The Maharashtra Information Technology […]

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Shenzhen Special Economic Zone to Include Digital Currency Research

On Aug. 18, the Central Committee of the Communist Party of China outlined the plans for the future development of the Shenzhen Special Economic Zone, including the research and promotion of digital funds and the national cryptocurrency based on the renminbi. According to Chinese news agency STCN: “Mutual recognition of fund products. Promote interoperability with […]

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This ICO Startup Didn’t Die During Crypto Winter. It Has DAI to Thank

The Takeaway: Monolith turned a $16.9 million ICO into $25 million-worth of assets by riding the bull market of 2017 then taking out DAI loans. This DAI strategy is increasingly common among ethereum-centric startups. MakerDAO and Monolith are now collaborating to connect DeFi loans to a European Visa debit card. Ether fans can spend crypto […]

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