Malta news

Joined six other Southern European countries in signing an agreement for the advancement of DLT through promotion and legislation.

World latest news

Malta-based exchanges account for majority of cryptocurrency trading volume

CryptoCompare’s March 2019 Exchange Review found that the previous month saw a 70 percent increase in volume from crypto-to-crypto exchanges. Crypto spot markets also saw a huge increase, leading many to believe that the dreaded crypto winter could finally be coming to an end. Key Developments In The Exchange Market The CryptoCompare review has long been seen as one of the best ways to gain insight into the current state of the cryptocurrency market and predict the industry’s future. The London-based company recently published its March review, which showed an unexpected growth rate throughout the entire sector. Charles Hayter, the CEO of CryptoCompare, said in the company’s release: “We continue to see great appetite from both retail and institutional investors to capitalize on the opportunities crypto asset trading can bring.” Hayter also added that the crypto market has taken positive steps in the development of a nascent crypto derivatives market and creating better trading tools. This, Hayter said, are the two main areas that attract institutional investors. However, despite increased institutional interest, the majority of crypto trading is not happening on regulated exchanges. CryptoCompare’s review found that CME’s bitcoin futures product volumes decreased by 29 percent in March, while CBOE‘s dropped by almost 16 percent. Source: CryptoCompare And while some might interpret this as the industry stagnating, other data showed that trading is actually booming. Majority of Trading Volume Comes From Unregulated Crypto Derivatives Exchanges Related: Malta’s Rise to Crypto Prominence, E.U. Proximity Helps Island-State Lead Blockchain Revolution The review also found that the majority of last month’s trading volume happened on exchanges registered in Malta, which saw a 56 percent increase in trading volume since February. Legally-registered exchanges in Hong Kong and South Korea followed closely, as they saw their volumes increase 54 and 21 percent, respectively. Source: CryptoCompare Crypto-to-crypto exchanges saw a 70 percent increase in volume from last month, while those that offer fiat pairs decreased 8 percent, the report found. In February, Bitcoin to USDT trading volumes represented around 70 percent of total Bitcoin volume that was traded either into fiat or to stablecoins. March, however, saw a 43 percent increase, with BTC to USDT volumes accounting for 81.7 percent of all Bitcoin trading. Source: CryptoCompare The review also found that around $325 billion was traded on crypto spot markets. The month’s 47.5 percent increase seems to be supported by an increase in web traffic the exchanges saw, which grew by 32 percent. Source: CryptoCompare The highest average daily derivatives volume in March was traded at OKEx – $1.5 billion worth of swaps and futures. It was followed by Bitflyer Lighting (XBTJPY perpetual futures) at $1.4 billion, and BitMEX (XBTUSD perpetual futures) at $645 million. The exchange that saw the biggest crypto-fiat trading volume in March was Bithumb with $32 billion. Bithumb was followed by Upbit and Bitfinex. Upbit saw a 26 percent rise and reported a total of $7.2 billion traded. The exchange was way ahead of Bitfinex, whose $3.1 billion trading volume represented a 28 percent decline from February. Related: How some cryptocurrency exchanges incentivize wash trading All of the leading trans-fee mining exchanges saw a sharp increase in volumes, with the largest, CoinBene, up 56 percent since February. However, FCoin saw the biggest growth, as its trading volume increased 128 percent since last month. Trading volumes on decentralized exchanges were also up, with the top performer, EtherMium, up 42 percent. WavesDEX, however, was the worst performer of the month, as it experienced a sharp 55 percent decrease in volume. The full CryptoCompare March 2019 Exchange Review (PDF) can be downloaded here. The post Malta-based exchanges account for majority of cryptocurrency trading volume appeared first on CryptoSlate.

Trulioo Adds Malta to its Global Identity Verification Coverage

VANCOUVER, B.C., April 16, 2019 /PRNewswire-PRWeb/ -- Trulioo, the leading global identity verification provider, today announced that it has added another country to its global identity verification coverage. Organizations can now use GlobalGateway, Trulioo's marketplace of identity data and services, to verify the identities of individuals and businesses in Malta. Used by some of the world's largest tech companies, banks, payment processors, online marketplaces, and gaming companies, GlobalGateway digitizes and automates due diligence processes to help mitigate risk, prevent fraud and meet compliance requirements such as Know Your Customer (KYC) and Anti-Money Laundering (AML) rules. The development comes at a significant time, given the regulatory environment in Malta; as one of the first countries in the world to create a national regulatory framework for virtual currencies, the country is quickly becoming a cryptocurrency hub. Likewise, Malta is also emerging as a mecca for gaming companies, with major gaming companies moving their operations there. Last year, the Maltese Gaming Authority (MGA) announced the Gaming Act, which calls for strict adherence to ...Full story available on

Malta Based Crypto Exchange OKEx Adds Three New Fiat Markets to C2C Platform

Malta-based world leading crypto exchange OKEx has recently announced that they are launching Euro (EUR), Turkish Lira (TRY), and Russian Ruble (RUB). These markets reflect the highest in-demand currencies in the world when it comes to crypto trading. The range of services that people from these European countries can enjoy is C2C, spot, margin, and […]
Bitcoin Exchange Guide

AI and Blockchain Elite Gathering in Malta

The Malta AI & Blockchain Summit (AIBC) took the blockchain sphere with storm during the monumental success of the November summit in 2018, which brought W. Scott Stornetta, John McAfee, the Winklevoss Twins and Sophia the Robot to Malta’s shores along with 8500 delegates. The next AIBC summit is taking place on May 23-24 and is expected to bring a whopping 5000 delegates, 700 investors, 300 exhibitors and 100 startups to convene for a stellar show at the Hilton in St Julian’s, Malta. Throughout the year, the AIBC is also organising a roadshow of exclusive C-level dinners under the heading Knights of Blockchain. The Knights of Blockchain dinners are lavish invite-only events with no expense spared in the company of 200 C-level Executives from the industry. From Manila in March to Tel Aviv on April 2nd and Stockholm on April 10th. “We are moving beyond the hype by discussing not only Blockchain but also AI, Quantum Tech, Big Data, and IoT this year. Before the big show in Malta in November we are also hosting a number of networking dinners across the world. Wining and dining goes a long way! I strongly believe that business is not made between companies, it is made between people,” says Eman Pulis, Founder of the Malta AI & Blockchain Summit. The Malta AI & Blockchain Summit in May is by now almost sold out on exhibition space, only about a fourth of the exhibition space is still available. The speaker line-up includes some of the most prominent names in the AI and Blockchain space, including Tim Draper; Roger Ver; Ben Parr, Co-Founder of Octane AI and world-famous author of Captivology; Patrick Chang, Director at Samsung NEXT; Tone Vays, renowned Bitcoin/Blockchain Researcher with more than 80,000 YouTube subscribers; Brock Pierce, Chairman of the Bitcoin Foundation; Alexander Borodich, Founder of Universa; Eric Van Der Kleij, CEO at Centre for Digital Revolution, and many more. To support startups within the sector, the AIBC has invited 100 startups to claim a booth on the expo free of charge, giving them access to 700 attending investors. “We had an overwhelming feedback from all the disruptive startups that we welcomed to claim their free booth last year. However, as we had so many interesting and promising projects that we could not accommodate in the fierce competition of the available space that we had, we are happy to increase to one hundred free booths this year to boost innovation and facilitate connections between startups and investors so that this sector can flourish,” says Eman Pulis. This spring edition of the summit includes a lavish VIP dinner, networking drinks in the midst of the warm Mediterranean spring, a Startup Pitch, an STO Battle and two conferences spanning over the 23rd-24th of May. Delegates are advised to block their calendars for 22nd-25th due to all extra events that the AIBC has in the pipeline. The Malta AI & Blockchain Summit is a landmark event that nobody in the field can afford to miss. Info The post AI and Blockchain Elite Gathering in Malta appeared first on The Fintech Times.
The Fintech Times
More news sources

Malta news by Finrazor


Startups in Switzerland and Liechtenstein, natural integration of crypto into Switzerland's banking system, Jamaica's JSE and securities, more crypto exchanges news: South Korea and Cayman Islands as newsmakers, Malta's MFSA scam 'scanner', fund for blockchain integration in Uzbekistan, Kik against SEC trial

Read more


Hot news

Hot world news

BTC and ADA Are Showing Positive Signs With Strong Bullruns and Weaker Corrections

The cryptomarket is going through some good times, recovering from the sharp fall it had during 2018. The recovery of the global marketcap, and the high number of developments around cryptos and blockchain technologies has led many analysts to claim that we are close to witnessing not only a stabilization of the markets but also a bullish trend in the short term. Of all the crypto currencies on the ecosystem, BTC has always been the reference token, not only for holding the most powerful position in the top 10 but also for having the highest number of users and software developments. BTC is Having a Great Week BTC has experienced a significant price increase. After a period of constant “Bart Simpsons”, it finally seems that the most important cryptocurrency in the world broke the 5k resistance. This marks an a crucial milestone as it is a a value that could not be reached for months. However, during the last few hours BTC was curiously bullish. The token easily broke the 5.4K to flirt with the 5.6K band. If this trend continues, it could be said that BTC has been bullish for the entire past week, winning between 500 to 600 Dollars per token. BTC. 30 minute candles. After the big green candle, 5580 has become a new support Bitcoin (BTC) 1day candles. courtesy Tradingview Cardano (ADA) Also Shows Some Positive Signs Another token that has been specially bullish is Cardano (ADA) The project that promises to solve the “blockchain trilemma” experienced a a surge of about 10% in less than 24h, standing at one point almost at $0.08 per token. One of the reasons for this rise is the positive reaction of the market to the announcement by Charles Hoskinson (head of the project) saying that IOHK managed to close a an association with the Ethiopian government to popularize the use of Cardano in that region. According to Mr. Hoskinson, thanks to this partnership the Ethiopian authorities, the government will allow its citizens to use ADA to make payments as if it were fiat. Also, residents of Addis Ababa, the capital of the country, will be able to use ADA to pay for public transport services in the city. Right now, Cardano (ADA) experienced a correction that placed the token back to the support at 0.074 USD. The token then went up again to 0.075 with signs of another possible bullish trend in the short term Currently the bullish trend seems to be solid in most of the markets. The signs of a trend reversal are not strong enough to be frightened, however it is important to follow the charts, remembering that cryptocurrencies are extremely volatile. The post BTC and ADA Are Showing Positive Signs With Strong Bullruns and Weaker Corrections appeared first on Ethereum World News.
Ethereum World News

USDX Wallet Announces Integration with First Crypto Exchange, ExMarkets

April 23rd, 2019, Frankfurt, Germany – USDX Wallet is a mobile-first instant transfers solution powered by blockchain technology. It targets crypto holders, allowing individuals to send and receive funds quickly and fee-free. It also covers the needs of an unbanked audience, and those who don’t want to pay commissions within traditional money transfer mobile apps. The USDX Wallet app guarantees multi-level security for all transactions and instant transfers of assets by username, phone number or QR code. The native blockchain used by the USDX Wallet is based on the BitShares protocol and allows 100,000 transactions per second. USDX and LHT Tokenomics The payment system has two cryptocurrencies at its core: USDX token and LHT coin. The USDX token is a stablecoin pegged to the U.S. dollar at a 1:1 ratio via a smart contract. USDX is collateralized by the system’s core cryptocurrency, LHT. The total supply of LHT is 1 billion coins. LHT coins will be released gradually to the market; only 10% of the LHT supply will be issued each year, of which 5% will be freely tradeable and 5% will be locked on the blockchain to provide 200% collateralization. Recent Developments USDX Wallet has not held any private sales or presales, as it has received a sufficiently large venture investment. Future profits of the project will come from business account fees. From December 2018 to January 2019, there was an airdrop that attracted tens of thousands of participants. At the moment, USDX Wallet has surpassed 50,000 verified accounts. For the last several months the team behind the app have been implementing integration with crypto exchanges. The first platform to list LHT will be ExMarkets exchange, with two more exchanges to come. On Exmarkets, LHT will be available in trading pairs with Bitcoin (LHT/BTC) and Ethereum (LHT/ETH). About Exmarkets ExMarkets is a digital asset exchange platform powered by the state-of-the-art trading engine developed in-house. On the exchange, ExMarkets users can trade the most popular cryptocurrencies as well as gain the chance to participate in the token sales of the most promising blockchain and crypto projects through ExMarkets Initial Exchange Offering (IEO) LaunchPad. Recently, ExMarkets was granted two operational licenses for crypto-fiat gateway and custodian service provision by the Estonian regulator making it one of the few certified players in the market. Also, ExMarkets supports EUR (SEPA transfers) deposits to the cryptocurrency exchange and is a part of the CoinStruction liquidity framework which is aggregating order-books from the most well-known cryptocurrency exchanges guaranteeing 24/7 crypto liquidity. It takes only a few minutes to set up an account; users are allowed to make deposits in Bitcoin, Ethereum, other supported cryptocurrencies, and tokens. ________________________________ For more information on USDX Wallet, visit The free USDX Wallet app is available on Google Play and the App Store. Follow USDX Wallet on Medium, Twitter, Facebook and Telegram. ExMarkets platform Media Contact Details Contact Name: Maria Lobanova Contact Email: Partnership Request Details Contact Email: USDX Wallet is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of stable value, or of any value at all. Disclosure: This is a sponsored press release. The post USDX Wallet Announces Integration with First Crypto Exchange, ExMarkets appeared first on NullTX.
By continuing to browse, you agree to the use of cookies. Read Privacy Policy to know more or withdraw your consent.