In today’s edition of Bitcoin in Brief we feature news about a Dubai-based exchange returning to accept local fiat deposits, another exchange launching an ETF-like product and the response by a popular wallet to a cyber attack. But the big story, without a doubt, is Woz’s undying commitment to the idea of bitcoin.
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Apple Co-Founder’s High Hopes for Bitcoin
Steve Wozniak, the genius co-founder of Apple Computers, has once again spoken about his fascination with the tech and principles of bitcoin. “Bitcoin is mathematically defined, there is a certain quantity of bitcoin, there’s a way it’s distributed… and it’s pure and there’s no human running, there’s no company running and it’s just… growing and growing… and surviving, that to me says something that is natural and nature is more important than all our human conventions,” he told CNBC. “Only bitcoin is pure digital gold… and I totally buy into that,” Woz added.
Okex’s New Exchange Traded Tracker (ETT)
Okex, the Chinese-run cryptocurrency exchange based in Hong Kong, has joined the recent trend of trading platforms creating their own ETF-like investment tools for their users. It launched its first exchange traded tracker (ETT) on June 5, which was fully sold out within just three minutes. It includes six coins (BTC, ETH, LTC, BCH, EOS, and OKB) and requires USDT to subscribe. The minimum subscription for the instruments is 100 units.
A couple of days ago, we reported that Huobi, the Singapore-headquartered exchange, has decided to create its own ETF style instrument based on an index of ten assets.
Bitoasis Resumes Dirham Transactions
Last month, Dubai-based cryptocurrency exchange Bitoasis enacted a suspension of deposits and withdrawals in UAE dirhams. This Monday,
