Blockchain & Digital Assets

January 8, 2021 @ 1:30 pm By JD Alois  |  

Bill Miller, a legendary value investor and founder of Miller Value Funds, visited the studios of CNBC today where he commented on Bitcoin noting they have a position in the popular crypto. Miller did not provide a price target (like typically given by securities analysts)… Read More

January 8, 2021 @ 1:12 pm By Omar Faridi  |  

Telos, which is one of the most active public blockchain networks according to Blocktivity data,  with over 500,000 accounts, has introduced an innovative plan in order to bring liquidity and added value to the TLOS DLT ecosystem: The Telos Uniswap Liquidity Implementation Plan (TULIP). According… Read More

January 7, 2021 @ 10:43 pm By Omar Faridi  |  

Shares of digital currency mining firm Marathon Patent Group (NASDAQ: MARA) surged approximately 20% on Wednesday (January 6, 2021). This led to the firm becoming the latest member of the $1 billion digital-mining group, as the Bitcoin (BTC) price surpassed the $37,000 mark to hit… Read More

January 7, 2021 @ 10:19 pm By Samantha Hurst  |  

  Bitfarms, a Canada-based crypto mining firm, announced on Thursday it has closed its previously announced private placement of equity securities. According to Bitfarms, the Offering was for gross proceeds of approximately CAD$20 million and consisted of the sale of 8,888,889 common shares, along with… Read More

January 7, 2021 @ 10:15 pm By Omar Faridi  |  

Payments company Square‘s (NYSE:SQ) Jack Dorsey has expressed concerns regarding recently proposed Bitcoin (BTC) related regulations. The bitcoin regulations proposed by FinCEN give few useful powers to regulators, greatly roll back economic freedoms while pointlessly surveilling law-abiding people, and create databases of info about who… Read More

January 7, 2021 @ 10:00 pm By Samantha Hurst  |  

Instimatch Global, a digital platform for transactions in short-term institutional capital markets, announced on Thursday it has joined forces with blockchain trading platform Algorand to advance its settlement and institutional payment solutions. Instimatch reported that Algorand’s blockchain technology will complement its technology, as well as… Read More

January 7, 2021 @ 4:20 pm By Samantha Hurst  |  

Smart Valor, a Switzerland-based digital assets platform, announced on Thursday it secured Cryptocurrency exchange and custodian licenses from the Liechtenstein Financial Market Authority. Founded in 2017, Smart Valor describes itself as a blockchain startup set to enable borderless cryptocurrency finance. The platform aims to build… Read More

January 7, 2021 @ 3:24 pm By Samantha Hurst  |  

PAYMNT Financial, a U.S.-based blockchain fintech startup, announced on Thursday it has acquisition LettucePay, which is a payment technology firm that specializes in cryptocurrency payments. PAYMNT reported that the acquisition makes it possible for its platform to integrate cryptocurrencies as a form of payment at… Read More

January 7, 2021 @ 10:30 am By Samantha Hurst  |  

Amber Group, a Hong Kong-based crypto finance service provider, announced on Wednesday it is launching a new yield-enhancement product called ‘Yield Boost’ in the Amber App. According to Amber, Yield Boost will allow users to monetize their market view on major crypto assets and earn… Read More

January 7, 2021 @ 10:29 am By JD Alois  |  

Michael Sonnenshein, Managing Director of Grayscale Investments, will take over as CEO of the digital asset firm. Barry Silbert, founder of Grayscale, will step down as CEO but remain CEO of the parent company Digital Currency Group. In a release, Silbert commented on the change… Read More

January 7, 2021 @ 8:39 am By Omar Faridi  |  

Fintech companies such as Revolut and Luno are experiencing a dramatic surge in demand from customers who are rushing to invest in Bitcoin (BTC) and other digital currencies amid record-breaking and unprecedented cryptocurrency price increases. Fintech app providers that offer crypto trading, like Revolut, eToro,… Read More

January 7, 2021 @ 7:54 am By Samantha Hurst  |  

TaxBit, a U.S.-based cryptocurrency tax automation software provider, announced on  Thursday it scored investments from PayPal Ventures and Coinbase Ventures. The latest investments come just a little over a year after TaxBit raised $5 million through its seed funding round. As previously reported, Taxbit claims… Read More

January 6, 2021 @ 10:26 pm By JD Alois  |  

The Norwegian Block Exchange, founded by Bjørn Kjos, who also founded Norwegian Airlines and Bank Norwegian, has received a 60 million NOK investment (USD$ $7.135 million). According to a note by Oslo based NBX, the funding will provide the financial robustness to pursue a banking… Read More

January 6, 2021 @ 8:46 pm By Omar Faridi  |  

Bitcoin (BTC), the leading digital currency, continues to set all-time highs while the US dollar keeps falling (but still remains the world’s most dominant global currency). Notably, Bitcoin is now being supported by even more Wall Street giants. The OKCoin team has noted: “We’ve said… Read More

January 6, 2021 @ 7:37 pm By Omar Faridi  |  

BitGo, a digital asset financial services provider, reports that it has successfully introduced Wrapped Bitcoin (WBTC) and ETH tokens on the TRON blockchain network, which should help with supporting the “unlimited” potential of decentralized finance (DeFi) TRON, which is notably one of the largest and… Read More

January 6, 2021 @ 5:42 pm By Omar Faridi  |  

Hedge funds are increasingly looking to San Francisco-based Coinbase for innovative portfolio solutions, the cryptocurrency exchange claims. Coinbase was reportedly chosen as a full service partner and custodian by One River Asset Management. Brett Tejpaul, Head of Institutional Sales, Trading, Custody and Prime Services, notes… Read More

January 6, 2021 @ 4:48 pm By Samantha Hurst  |  

  SecuX Technology Inc., a Taiwan-based cryptocurrency hardware wallet provider, announced on Wednesday it is now featuring buy cryptocurrency options through Coinify. SecuX repoted it will now allow its users to add the Buy Crypto feature on its Wallet Web App (My Wallet on SecuX’s… Read More

January 6, 2021 @ 8:34 am By JD Alois  |  

Tetragon Financial Group Ltd. (LSE: TFG), a UK based investment firm with $2.35 billion in assets under management, has sued Ripple in Delaware courts, according to a report by Bloomberg. Tetragon apparently had an agreement incorporated in its equity investment with Ripple that if XRP… Read More

January 5, 2021 @ 9:22 pm By JD Alois  |  

XRP, the native currency created by Ripple, continues to tiptoe lower following the announcement of an enforcement action by the Securities and Exchange Commission.  In fact, on the day the SEC announced the lawsuit, XRP held a market cap of over $20 billion. Today, that… Read More

January 5, 2021 @ 9:00 pm By Omar Faridi  |  

Bitcoin (BTC) and other cryptocurrency platforms such as Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Binance Coin (BNB), Chainlink (LINK), and Polkadot (DOT) are being increasingly adopted by a diverse group of users across the globe. Many more institutions and fairly large publicly listed companies… Read More