Blockchain & Digital Assets

December 31, 2020 @ 8:04 am By Omar Faridi  |  

78% of the circulating Bitcoin (BTC) supply is now “illiquid and therefore hardly accessible for buying,” according to crypto data provider glassnode. 78% of the circulating #Bitcoin supply is illiquid and therefore hardly accessible for buying. This points to a bullish investor sentiment as large… Read More

December 30, 2020 @ 10:25 pm By Omar Faridi  |  

VeChain, a major blockchain platform focused on developing supply chain management solutions among other use cases, has released its latest financial executive report in order to promote “fairness, transparency, and openness.” As mentioned in the report, published on December 29, 2020: “During this quarter, the… Read More

December 30, 2020 @ 8:22 pm By Omar Faridi  |  

Bitcoin (BTC) has become more intertwined with traditional financial markets because of changing macro conditions and a significant increase in institutional interest, according to a report from Coin Metrics.  Coin Metrics has noted that many researchers have looked into the fundamental differences between Bitcoin and… Read More

December 30, 2020 @ 5:14 pm By JD Alois  |  

The Liechtenstein Cryptoassets Exchange (LCX) has secured approvals of eight license categories under the Token and Trusted Technology Service Provider Act (TVTG), according to a release. “We have a long-standing commitment to building a fully regulated safe and reliable business while delivering a seamless user… Read More

December 30, 2020 @ 2:40 pm By Samantha Hurst  |  

U.S.-based cryptocurrency exchange PayBito announced on Wednesday it has seen record participation for its exchange affiliate program specifically in the UAE region, in the last few months. According to PayBito, the program allows enterprises venturing into the crypto domain to get associated with a renowned brand, and flourish… Read More

December 30, 2020 @ 1:40 pm By Omar Faridi  |  

Bitcoin (BTC), the flagship digital currency, has hit yet another all-time high of over $28,500 as  Blackrock, the largest asset manager, seeks a Bitcoin and Blockchain lead. But a report from OKCoin asks whether BTC is due for a correction, which was a question many… Read More

December 30, 2020 @ 11:56 am By JD Alois  |  

The government of Singapore has published a document covering the risk of terrorism financing (TF) and financial services. The report was compiled by a consortium of agencies including the Monetary Authority of Singapore, Ministry of Home Affairs, and the Ministry of Finance. To quote the… Read More

December 30, 2020 @ 10:45 am By JD Alois  |  

SolidBlock and INX Ltd. have announced plans to list SolidBlock’s real estate backed security tokens on the INX trading platform. INX is a digital asset trading platform, as well as a token issuer. SolidBlock, based in Tel Aviv and NYC, is a tokenization platform. According… Read More

December 30, 2020 @ 10:35 am By Samantha Hurst  |  

  Hong Kong-based Crypto.com recently announced its CTO and Co-Founder, Gary Or, has launched Particle B, which is an accelerator that will incubate DeFi projects built on the Crypto.com Chain as well as the Bitcoin and Ethereum networks. According to Crypto.com, Particle B “believes” in an… Read More

December 30, 2020 @ 10:19 am By Samantha Hurst  |  

  OKEx, a top 20 crypto exchange, announced on Wednesday the launch of the OKExChain mainnet. OKEx reported OKExChain will be rolled out in four stages, starting with the “Genesis” stage from December 31st to January 13th. OKEx further revealed the second stage will focus… Read More

December 30, 2020 @ 9:53 am By JD Alois  |  

Ripple, the creator of XRP – one of the largest cryptocurrencies in the world by market cap, has posted a brief comment on “recent market participant activity” following XRPs dive in value. XRP began to sink following the revelation of an enforcement action by the… Read More

December 30, 2020 @ 8:41 am By Omar Faridi  |  

Tokyo-based GMO Internet Inc., an Internet conglomerate, has reportedly been granted approval from the New York Department of Financial Services (NYDFS) to form a limited purpose trust company, GMO-Z.com Trust Company, Inc. Through this initiative, the company will issue the very first regulated Japanese Yen-pegged… Read More

December 29, 2020 @ 10:22 pm By Omar Faridi  |  

Digital asset exchange Huobi noted earlier this month that the ongoing upgrade of Ethereum (ETH), the world’s largest platform for building decentralized applications (dApps), is expected to make the original smart contract enabled blockchain “much more usable, scalable, and effective” — but it will also… Read More

December 29, 2020 @ 9:52 pm By JD Alois  |  

Online capital formation has emerged as an effective path for private companies to raise much-needed growth capital fueling innovation and creating jobs. Once the realm of VCs and angel investors only, investment crowdfunding now enables retail investors to access promising young firms at an early… Read More

December 29, 2020 @ 9:18 pm By Omar Faridi  |  

The developers at Chainlink (LINK), a “decentralized” Oracle network that securely connects various blockchain-based smart contracts with data from “the real world,” have noted that as we get ready to leave 2020 behind, the growth of their Chainlink ecosystem during the past year has been… Read More

December 29, 2020 @ 6:38 pm By Omar Faridi  |  

Nic Neuman from Casa says that the biggest security problem that Bitcoin (BTC) has is its user experience (UX). This past October 2020 marked the 12th anniversary of Satoshi Nakamoto’s Bitcoin whitepaper. During this relatively short period of time, Bitcoin has fundamentally transformed “the way… Read More

December 29, 2020 @ 2:56 pm By Samantha Hurst  |  

  Argo Blockchain, a UK-based cryptocurrency miner, announced on Tuesday it has filed an application with the Financial Industry Regulatory Authority (FINRA) to be cross-traded publicly on the US OTCQB Venture Market (OTCQB), under the ticker ARBKF. Founded in 2017, Argo describes itself as a… Read More

December 29, 2020 @ 11:35 am By Samantha Hurst  |  

Grayscale Investments, a digital asset management firm that offers retail investors the ability to invest in crypto via listed funds, revealed on Monday it has reached $19 billion in AUM. This milestone comes just a little over a month after Grayscale announced it had more… Read More

December 29, 2020 @ 10:45 am By Samantha Hurst  |  

  Simplex, an EU-licensed financial institution that provides the fiat infrastructure for the cryptocurrency industry, announced on Tuesday it has approved for principal membership to the Visa network. According to Simplex, the approval represents a “pivotal” move-in enabling digital currency users the ability to access… Read More

December 29, 2020 @ 9:48 am By Samantha Hurst  |  

  NexTech AR Solutions (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), a Canada-based provider of virtual and augmented reality (AR) experience technologies and services for eCommerce, education, conferences and events, announced on Tuesday it plans to make an initial investment of $2million in Bitcoin and may add… Read More