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The Daily In today’s edition of Bitcoin in Brief we cover stories about Intercontinental Exchange’s crypto trading platform Bakkt, which won’t be offering leverage or margin trading, and a US politician who has revealed she’s bought a couple of cryptocurrencies. Also Read: Researcher: Stop Worrying About Bitcoin’s Environmental Impact Bakkt Won’t Offer Leverage Bakkt, the recently-announced subsidiary of the parent of the New York Stock Exchange — Intercontinental Exchange (NYSE: ICE), has decided it won’t offer leverage on crypto trading. This was decided in the name of ensuring efficient price discovery and is meant to set it apart from other venues. Kelly Loeffler, the CEO of Bakkt, stated: “A critical element to price discovery is physical delivery. Specifically, with our solution, the buying and selling of Bitcoin is fully collateralized or pre-funded. As such, our new daily Bitcoin contract will not be traded on margin, use leverage, or serve to create a paper cla...

The Weekly In this week’s daily editions of Bitcoin in Brief we reported on McAfee’s “Doomed” wallet, a panic in the altcoin markets, Binance’s new fiat-to-crypto platform in Liechtenstein and much more. The most commented-on article during the week covered a situation in the UK, where banks are targeting cryptocurrency owners – having their assets frozen and accounts locked without warning. Also Read: Pantera Capital Raises Over $70 Million for Its Third Crypto Fund Paxful to Build Second School in Rwanda A cheerful story published on Monday was about Paxful, which launched the #BuiltWithBitcoin program in 2017 by donating $50,000 for the construction of a nursery school in Rwanda, starting to sponsor the construction of a second school in the African country. Planned for students aged 6-15 in the Nyamata Sector of Rwanda’s Bugesera District, the company jump-started the project with a $20,000 donation. Total construction is estimated to cost $100,000, with the b...

The Daily In today’s edition of Bitcoin in Brief we cover stories about the stoners’ magazine High Times which dropped cryptocurrencies from its IPO, Binance launching its own academy, an institutional investors program by Kucoin and the Cash App expanding its crypto buying service across America. Also Read: An ICO Venture Is Trying to Take Over a Tokyo Stock Exchange Listed Company Stoners Drop Crypto From IPO The popular cannabis culture publication High Times recently announced that it is holding an initial public offering (IPO) and that it will be the first regulated A+ stock willing to accept cryptocurrencies such as BTC and ETH. However, according to a filing with the Securities and Exchange Commission (SEC) that was just an honest mistake. The announcement was “distributed in error as the Company will not be accepting bitcoin as payment for shares. As provided in the Company’s subscription agreement related to the offering, the Company will only be accepting check, ...