Binance Reveals Its Own Project ‘Venus,’ Japan’s Rakuten Launches Crypto Exchange, & Other News

Most Important Crypto News 

Daily digest by Cointelegraph Price Analysis 19/08: BTC, ETH, XRP, BCH, LTC, BNB, EOS, BSV, XMR, XLM Bitcoin is picking up momentum as it moves higher. This is a positive sign because it shows that bulls are not waiting for lower prices to buy. However, is this a bull trap that will suck in buyers and then turn around and plummet? Read our price analysis to find out. Binance Reveals 'Venus' — Its Own Project to Rival Facebook's Libra    Top cryptocurrency exchange *Binance is launching an open blockchain project, called Venus*, which will be focused on developing localized stablecoins worldwide. The exchange argues that it is well-positioned to launch such a currency ecosystem in light of its existing public chain technology, Binance Chain, a wide user base and already established global compliance measures. Japanese Retail Giant Rakuten Officially Launches Crypto Exchange Japanese cryptocurrency exchange Rakuten Wallet, which is a subsidiary of Japanese e-commerce giant Rakuten, said spot trading of three cryptocurrencies — Bitcoin, Ether and Bitcoin Cash — is now live.     BitMEX to Limit Access From Seychelles, Hong Kong and Bermuda Major cryptocurrency exchange BitMEX has announced that it will restrict access to its platform in the Seychelles, Hong Kong and Bermuda. BitMEX says that this is a proactive measure and noted, "This change will have no financial impact on the business and will affect very few people." Santander Expanding Ripple-Powered Payments After Volume Triples Spanish banking giant Santander plans to expand Ripple-powered global payment solutions to Latin America, citing rising transaction volume. SPONSORED: An open source project has set out a detailed roadmap for its new blockchain network and launched a $100-million program to fuel growth.   Quote of the day   "Scalability is a big bottleneck because the Ethereum blockchain is almost full." Vitalik Buterin co-founder of Ethereum Tweet it 1.5 mln people follow us on social media Download our official free app →

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