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Roundup – 28/11/2018 – Tether has Relaunched its Fiat-USDT Redemption Service & more

Tether has Relaunched its Fiat-USDT Redemption Service

Since more than a year now has Tether’s Redemption Service idle. Now the service has relaunched. However, it is only available for deposits of over $100,000. The reverse option is not available as of now. Tether’s large expansion made it necessary to rely on third party financial service providers. Tether’s management has announced, however, that to work without third parties has always been its original vision.

 

Bitstamp Partners With Exchange Monitor Irisium

Bitstamp has partnered with Irisium. The Swedish enterprise has specialized in monitoring stock market exchanges. But lately, it has expanded into the digital asset market. Bitstamp is following Bitfinex and other exchanges in this step. Market or whale manipulation is one of the most common allegations whenever prices seem to fall. Tether or the fact that there are 5 addresses that hold more than 1,000,000 BTC are just a few out of many cases that make the crypto space wary. Exchanges know of course that trust is one of their most important assets.

 

Nasdaq Plan to Launch a Bitcoin Futures Market in 2019

The second largest stock exchange in the world, Nasdaq plan to launch a bitcoin futures market in 2019. According to verified sources, the exchange is in the final phase of creating the futures market and plan to launch it in the first quarter of 2019.

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Technavio: Blockchain-Powered Global Sea Freight To Surge By 3% In 5 Years

In the coming 5-year period effective from 2018 to 2022, a research forecasts that the global sea freight forwarding industry under Blockchain-powered networks will surge. The report further discloses that the compounded annual growth rate for the entire period under review will be by an exceptional 3%.

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