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October 27, 2020 — DBS, the largest bank in Singapore, is launching a fiat-to-cryptocurrency exchange, according to reports on social media. The story was broken by one Twitter user who posted a link to the DBS digital exchange website.
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In brief
DBS, Southeast Asia’s largest bank, has published and removed an announcement that it is launching a fiat-to-crypto exchange.
The deleted announcement reveals that the Singapore-based bank will enable trading of Bitcoin, Ethereum and XRP.
Key Takeaways
Quantstamp has audited Consensys’ ETH 2.0 client, Teku.
The firm says that Teku’s codebase is of the “highest quality.”
Ethereum 2.0 will begin to go live in November, though it will only offer stake depositing at that time.
Despite the stagnation in the altcoin market, evidenced by Bitcoin outperforming Ethereum in its latest leg higher, investors are still throwing millions at new investments.
This much was made clear when BarnBridge’s native token BOND launched.
Bitcoin (BTC) may be down less from its all-time highs than any other cryptocurrency, but 2020 has so far been the year of Chainlink (LINK).
In the latest edition of its Weekly Insights report on Oct.
Indian bank United Multistate Credit Co. Operative Society is planning to expand its banking services to cryptocurrencies and cryptocurrency products.
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DBS, Singapore’s largest retail and commercial bank, seems to be entering the cryptocurrency space with three new offerings.
According to information seen by Cointelegrpah, DBS is launching cryptocurrency trading and custody as well as a platform for conducting security token offerings.
Bitcoin (BTC) is trading inside a parallel ascending channel and has created a triple-top pattern.
Whether the price breaks out or down from the channel will be a key factor in determining its future movement.
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In brief
Bitcoin continues its run of good form.
The majority of projects in the crypto space saw losses yesterday.
Stock markets tumbled rapidly as hopes for a US stimulus package evaporated.
The week started off with a bang as stocks, shares and altcoins all suffered significant losses.
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LibertyX, a major retail network of Bitcoin (BTC) ATMs in the United States, is expanding Bitcoin sales options at thousands of its ATMs.
According to an Oct. 26 announcement, LibertyX has enabled a Bitcoin cashout feature at 5,000 regular ATMs across the United States.