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Today in Crypto – Wednesday, 13th November, 2019

Here are the 5 biggest news stories in crypto today:

  1. Binance Exchange is first client for Paxos’ new dollar gateway. With its new Fiat Gateway service, Paxos said Tuesday that users will be able to execute simple swaps between U.S. dollars and stablecoins, including the firm’s own Paxos Standard (PAX). Notably, Binance, the world’s largest cryptocurrency exchange by trading volume, will be the first to integrate the product. The firm will also have its stablecoin, Binance USD (BUSD), included in the swap options.
  2. CME to launch bitcoin options in January. Chicago Mercantile Exchange (CME), the largest derivatives exchange in the world, announced options on its Bitcoin futures contract starting January 13th, 2020 pending regulatory review. Each contract is based on one futures contract which is currently worth five bitcoin.
  3. Unchained Capital launch Caravan, an open-source tool to help multisig adoption. Caravan is a stateless, open-source, and flexible multisig coordinator that integrates with your hardware or software keys and your bitcoin node or a block explorer. Caravan makes it easy to build and spend from multisig addresses right in your web browser. Check out the source code and try it out right now.
  4. Unknown Fund to donate $75M for the development of ideas of anonymity. The anonymous organisation Unknown Fund has announced that it intends to invest and donate $75 million in bitcoin to startups which directly or indirectly support the idea of anonymity. Preference will be given to the following niches: protection of personal data, tools for anonymity, cryptocurrency and blockchain.
  5. Binance and HTC to launch crypto smartphones that support Binance Chain. Binance and Taiwanese electronics giant HTC announced on Tuesday a crypto smartphone that is “optimized for operating with Binance,” according to HTC decentralized chief officer Phil Chen. The partnership between HTC and the cryptocurrency exchange signals Binance’s entrance into the crypto smartphone race, as Binance sees them playing ”a key role in the crypto industry,” said Binance CEO Changpeng (CZ) Zhao.