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CME Group Publishes Bitcoin Options Specifications


In mid-September, the foreign exchange company CME Group announced the launch of options on its bitcoin futures contracts in Q1 2020, pending regulatory review. CME Group executive Tim McCourt said there was “increasing client demand” for the firm’s bitcoin derivatives and now...

Trusted Friends Can Become Crypto Custodians With the Vault12 Platform


A firm called Vault12 launched its new passkey security solution for cryptocurrency assets. Vault12 is an application that allows people to enlist their trusted friends and family members to help safeguard their assets. According to the project’s creators, the new application leverages...

After Breaking New Records Bakkt Announces Crypto Consumer App


Following the all-time record of 1,179 contracts on October 25, Mike Blandina, Bakkt’s chief product officer, revealed the firm is launching another strategy after announcing its December options launch. Bakkt is releasing a consumer application so retail investors can “unlock the value...

McKinsey: Majority of Banks May Not Be Economically Viable


Management consulting firm McKinsey & Company has published a global banking review and found that a majority of banks worldwide may not be economically viable. More than half of them still do not generate their cost of equity 10 years after the crisis and may not survive an economic downturn....

Data Protection Firm ZIVVER Brings Its Services to the United Kingdom


Data protection is one of the most important considerations for the finance industry, and in that regard, Dutch firm ZIVVER has emerged as one of the better-known service providers over the past few years. In a new development, ZIVVER has announced that its services are now going to be available...

AT&T Customer Files Case Against the Firm For Causing $1.8 Million Loss


A complaint has been filed against telecom giant AT&T by a customer accusing the firm of channelizing an employee-aided SIM swap, which has caused the complainant a loss of $1.8 million, including crypto assets theft. The complaint has been filed by Seth Shapiro who is a well-known Californian...

Circle Drops Poloniex Leaving US Crypto Traders High and Dry


According to a blog post published by Circle, the cryptocurrency firm is releasing its subsidiary exchange Poloniex which is now owned by an “Asian investment group.” The trading platform will become an independent company called Polo Digital Assets, Ltd., and after November 1, 2019...

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