Blockchain & Digital Assets

July 7, 2021 @ 11:26 am By Omar Faridi  |  

The team at IOST recently released their Ecosystem Growth Report for H1 2021. As mentioned in an update, dated July 6, 2021, by the IOST team: “Amid the spike in interest, IOST continues to witness important partnerships and asserting our position as a leader in… Read More

July 6, 2021 @ 11:45 pm By Omar Faridi  |  

As the Bitcoin hashrate (the amount of computing power securing the world’s largest cryptocurrency network) experiences its worst drop ever, the newly established Bitcoin Mining Council has revealed that global Bitcoin mining is now mainly being powered by “sustainable energy.” The report from the Mining… Read More

July 6, 2021 @ 11:12 pm By Tony Zerucha  |  

A new German law could affect Bitcoin’s price for the better, GlobalBlock sales trader Alexandra Clark believes. German special funds may now invest up to 20 per cent of their funds in cryptocurrencies. If everyone does that, it represents a $415 billion inflow, Clark estimated…. Read More

July 6, 2021 @ 10:45 pm By Priyanka Pani  |  

Crypto-trading platform PDAX has launched seven new cryptocurrencies for its users: Chainlink (LINK), Enjin (ENJ), Basic Attention Token (BAT), Graph (GRT), Compound (COMP), Aave (AAVE), and Uniswap (UNI). With this, the total number of coins offered on the platform is pegged at 14. Founded in… Read More

July 6, 2021 @ 10:26 pm By Omar Faridi  |  

In the fast-evolving world of cryptocurrencies like Bitcoin and Ethereum, The Pavilions Hotels & Resorts announces that it aims to improve its guest experiences by becoming the first international boutique hotel group to take virtual currency from any country as payment for hotel bookings. The… Read More

July 6, 2021 @ 10:08 pm By Tony Zerucha  |  

Graph Blockchain has completed its acquisition of art-focused NFT company New World. The $6 million tab was met through the issuance of 46.2 million units in Graph Blockchain capital at 13 cents per. Each unit consists of one common share and one common purchase warrant…. Read More

July 6, 2021 @ 7:06 pm By Tony Zerucha  |  

Institutional investors who already have exposure to cryptocurrency are much more likely to increase their holdings than reduce them, results of a survey from Nickel Digital Asset Management suggest. Respondents were from the US, UK, France, Germany, and the United Arab Emirates. More than four… Read More

July 6, 2021 @ 5:22 pm By Omar Faridi  |  

Sygnum Bank reveals that it has become one of the first banks to provide Ethereum 2.0 staking support. Customers are able to easily and securely stake Ethereum (ETH) via Sygnum’s institutional-grade banking service which can help with generating a substantial yield of up to 7%… Read More

July 6, 2021 @ 5:17 pm By Tony Zerucha  |  

Tokenization platform Single.Earth today confirmed a $7.9 million seed funding round led by EQT Ventures, with participation from existing investor Icebreaker and Ragnar Sass and Martin Henk, founders of Pipedrive. The funding is earmarked for hiring and launching its marketplace for nature-backed MERIT tokens. Single.Earth is… Read More

July 6, 2021 @ 4:23 pm By Tony Zerucha  |  

Bitcoin.com founder Roger Ver has joined the investor board of ADAX, an automated liquidity protocol which facilitates trades within the Cardano ecosystem in a decentralized and non-custodial manner. His Bitcoin.com cofounder Mate Tokey has signed on as a strategic advisor. Ver was an early supporter… Read More

July 6, 2021 @ 3:10 pm By Tony Zerucha  |  

Ethereum (ETH) could be a good buy at current prices for several reasons, PrimeXBT market analyst Kim Chua believes. With decentralized finance (DeFi) only to grow in popularity, it provides good support for ETH, given that 90 per cent of demand is from DeFi, Chua… Read More

July 6, 2021 @ 10:56 am By Omar Faridi  |  

The BitOoda team has shared their Weekly Hash report, dated July 5, 2021. The target Bitcoin (BTC) hashrate is down 28% (on weekend reset), the BitOoda team noted in their latest report. China’s Bitcoin mining ban is “playing out, resulting in target Hashrate falling to… Read More

July 6, 2021 @ 9:03 am By JD Alois  |  

At the end of last month, the UK Financial Conduct Authority (FCA) announced that Binance Markets Limited was no longer permitted to undertake any regulated activity in the UK. Binance Markets is part of the broader Binance Group – a company that powers the largest… Read More

July 6, 2021 @ 8:30 am By Omar Faridi  |  

EasyFi is a universal layer-2 lending platform focused on improving the landscape of lending and borrowing digital assets. It is an open network infrastructure that facilitates peer-to-peer and cross-chain asset settlements. In a first-of-its-kind in the DeFi space, users’ creditworthiness is being appraised by EasyFi… Read More

July 6, 2021 @ 7:53 am By Omar Faridi  |  

Leading European digital asset manager CoinShares will be acquiring Global Blockchain Equity Index, according to a release. As noted in the announcement, dated July 6, 2021, CoinShares is set to expand its footprint into equities market with its acquisition of the exchange-traded -fund or ETF… Read More

July 5, 2021 @ 7:06 pm By Omar Faridi  |  

Contour, a blockchain or distributed ledger tech (DLT)-enabled trade finance network that was previously called Voltron, has established a new innovation lab in Singapore. Contour says it will be working cooperatively with its wide network of banking institutions, corporates and various other ecosystem partners to… Read More

July 5, 2021 @ 12:24 pm By Priyanka Pani  |  

Global cryptocurrency exchange Coinbase is bullish about its India plans despite the uncertainties around regulations. Coinbase’s CEO Brian Armstrong announced that the company is building out an “amazing team “ in India. Sharing its ambitious plan, the US-based crypto major said that there has never… Read More

July 5, 2021 @ 10:10 am By Omar Faridi  |  

ZA International reveals that it has entered an agreement with BC Technology Group, which is the parent firm of OSL Digital Securities, a Securities and Futures Commission (SFC)-licensed digital asset service provider. Through the partnership, OSL should become the exclusive digital asset trading partner to… Read More

July 4, 2021 @ 8:04 pm By Omar Faridi  |  

Digital asset platform CoinList says it’s pleased to confirm that the Efinity Token Sale on CoinList has added over 40,000 new token holders to the Efinity community, with “more than $19M in EFI tokens purchased throughout the course of the sale.” CoinList also mentioned that… Read More

July 4, 2021 @ 7:55 pm By Omar Faridi  |  

Hong Kong-based digital asset custody provider Hex Trust revealed earlier this week that it has acquired a strategic investment from Cyberport, a local Fintech hub and digital community. The size of the investment has not been shared publicly. The new investment should allow Hex Trust… Read More