“Leading Bitcoin Wallet Company To Launch An Exchange”
Bitcoin wallet and blockchain explorer provider Blockchain just launched its first exchange platform. Blockchain’s head of retail products, TD Ameritrade alum Nicole Sherrod, told CoinDesk the custodial exchange, called The PIT, can connect to non-custodial Blockchain wallets for nearly instant transfers. Registration opens today, with the ability to trade up to 26 assets rolling out over the next two weeks. Sherrod said that with nearly 40 million wallets already created – and an exchange matching-engine set up in London’s Equinix LD4 data center – PIT could be posed to attract more liquidity than competitors.
“Prime Trust Rolls Out Instant Crypto Fiat Settlement Feature”
The Nevada-based crypto custodian and trust company Prime Trust has rolled out a real-time settlement network that enables counterparties to transfer assets. As per a press release, the new service called PrimeX will allow Prime Trust’s institutional and retail clients to immediately transfer assets, such as stocks, bonds, real estate, fiat currencies, and digital currencies, between any of their own or another client institution’s or individual’s account. The company said the platform is currently being used by “industry-leading exchanges, OTC desks, market makers, stablecoins, and traders” without specifying these clients.
“Bitstamp To Support GBP Transfers Soon”
Bitstamp, Europe’s largest cryptocurrency exchange, and BCB Group, one of the world’s leading global digital asset prime brokers, today announced a new partnership that will enable investors from the UK to transfer GBP directly to and from their Bitstamp accounts. Through this partnership, Bitstamp will be able to support deposits and withdrawals directly in GBP, providing increased efficiency and reduced costs for clients. The new GBP service will be available to Bitstamp’s customers by the end of the year. BCB Group’s range of solutions has been developed to cater to the needs of exchanges, institutions and high net worth clients seeking OTC best execution for their own accounts and who wish to offer cryptocurrency products and services to their own clients.
“Zcoin’s New Protocol Launches On The Mainnet”
Zcoin, an anonymity-focused cryptocurrency, is hoping to ramp up adoption by launching the Sigma protocol on its mainnet today, the firm shared with The Block on Tuesday. Zcoin was among the first cryptocurrencies to use zero-knowledge proofs but is now replacing its Zerocoin protocol with the Sigma protocol, aiming to fix underlying vulnerabilities. In particular, the protocol is geared at preventing an attacker from creating counterfeit privacy coins and inflating the supply, which fellow privacy coin Zcash faced earlier this year.