Musiccosmos

Bakkt’s CEO offered greater details surrounding the upcoming cryptocurrency trading platform in a recent Medium post, including greater details about the principles of the new platform, and how those principles will set new standards for the cryptocurrency industry. The recent post is the latest information offered by the newly founded company since the initial announcement made earlier this month. The platform made headlines due to their corporate partners, including Starbucks, Microsoft, and New York Stock Exchange parent company ICE. Bakkt to Offer New Standard for Cryptocurrency Industry Bakkt is planning on offering a professional and institutional grade cryptocurrency exchange platform, one that will eventually allow for, as ICE explains, a “scalable on-ramp for institutional, merchant and consumer participation.” Assuming that the platform gains approval from the US Commodities and Futures Trading Commission (CFTC), which appears to be very likely, it will launch in Novembe...

In a recent Medium post by Hong Kong independent journalist Jackson Wong, the reliability and safety of KuCoin as a crypto exchange was called into question.  In the report, titled “WARNING: KuCoin’s Hong Kong office is empty. Be extremely cautious about depositing money into this exchange,” the reporter expressed his concerns that popular crypto exchange KuCoin could be pulling an exit scam as their Hong Kong offices are empty. Long Held Suspicious Regarding KuCoin Wong began  his report  by recapping his previous concerns about the KuCoin exchange, discussing that he feared they would become illiquid during the next crypto crackdown by the Chinese government.  He claimed that the exchange apparently survived the “hit” by staying under the radar. Wong then went on to discuss that he feels that KuCoin  has always been suspicious because it was home-grown in Hong Kong. Wong claimed that within the Hong Kong community he has never heard of the exchange, and t...