Blockchain & Digital Assets

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

December 29, 2020 @ 9:05 am By JD Alois  |  

XRP continues to sink in value following the rolling news that more crypto exchanges are deciding to halt trading the digital asset.  On December 22nd, the Securities and Exchange Commission (SEC) revealed an enforcement action targeting Ripple that alleges the sale of $1.38 billion in… Read More

December 29, 2020 @ 8:04 am By Omar Faridi  |  

San Francisco based crypto exchange Coinbase announced on December 29, 2020, that it will be suspending XRP trading beginning on January 19, 2021. The leading digital asset exchange confirmed that “in light of the US Securities and Exchange Commission’s (SEC) recent action against Ripple Labs,… Read More

December 28, 2020 @ 9:23 pm By Omar Faridi  |  

It’s been a very challenging year due to the global COVID-19 pandemic, however, Bitcoin (BTC) is on a record-breaking streak since March 2020, which was when it initially crashed (below $4,000) along with the broader financial markets. But after that, the leading cryptocurrency recovered and… Read More

December 28, 2020 @ 7:18 pm By Omar Faridi  |  

IOHK (Input Output Hong Kong) has teamed up with Wolfram in order to power Cardano (ADA), a major platform for building decentralized applications (dApps). Cardano has notably joined Bitcoin (BTC) and Ethereum (ETH) by integrating into Wolfram’s leading technology and knowledge base, Wolfram Alpha. However,… Read More

December 28, 2020 @ 6:11 pm By JD Alois  |  

  Doug Ellenoff, the Managing Partner of Manhattan law firm Ellenoff, Grossman and Schole (EGS), has been involved with the Fintech sector since the early days of the JOBS Act – the legislation that eventually legalized investment crowdfunding. He is not only deeply engaged with… Read More

December 28, 2020 @ 2:44 pm By Samantha Hurst  |  

Coin Cloud, a U.S.-based Digital Currency Machine (DCM) company, announced on Monday it has installed its 1,250th kiosk. Founded in 2014, Coin Cloud claims to be the world’s largest network of two-way digital currency kiosks. “We provide the easiest way to buy and sell Bitcoin… Read More

December 28, 2020 @ 12:44 pm By JD Alois  |  

Virgil Capital LLC, directed by Stefan Qin, and its “flagship” cryptocurrency trading fund, Virgil Sigma Fund LP have been hit by fraud charges leveled by the US Securities and Exchange Commission (SEC). Simultaneously, the SEC has obtained an emergency asset freeze related to the charges,… Read More

December 28, 2020 @ 12:42 pm By Samantha Hurst  |  

OKEx, a top 20 crypto exchange, announced on Monday the launch of real-time settlement for all perpetual swaps, futures, and options contracts that are coming soon to the platform. According to OKEx,  the new feature will provide a better trading experience for users, improve the… Read More

December 28, 2020 @ 10:49 am By JD Alois  |  

Circle CEO Jeremy Allaire discussed the recent rise of Bitcoin as well as the growing interest in digital assets on CNBC this morning. Allaire said that institutional money and the debasement of fiat currency, as well as sovereign debt, are pushing the world’s most popular… Read More

December 28, 2020 @ 9:35 am By JD Alois  |  

Digital trading platform eToro may be queuing for an initial public offering (IPO) on Nasdaq according to a recent report. The Fintech is said to be chatting with Goldman Sachs to manage the IPO. Depending on where you are sitting, eToro enables trading in both… Read More

December 28, 2020 @ 8:51 am By Samantha Hurst  |  

  UK-based next-generation banking platform Cashaa announced on Monday Unicas has opened its first physical branch in Jaipur, India. Unicas is notably a join venture between Cashaa and the United Multistate Coop Society and allows users to transact in cryptocurrency and fiat from one account…. Read More

December 28, 2020 @ 8:30 am By Samantha Hurst  |  

SurePrep and Bittax recently announced they have a strategic partnership to streamline cryptocurrency tax compliance for tax professionals. According to the duo, this new collaboration ensures tax professionals have the necessary technology to address the needs of taxpayers who will be under increasing IRS scrutiny this… Read More

December 27, 2020 @ 11:42 pm By Samantha Hurst  |  

  BitGo, a digital asset financial services provider, recently announced it has hit $16 billion in digital assets under custody (AUC) milestone. Founded in 2013, BitGo describes itself as the leader in digital asset financial services, providing institutional investors and crypto platforms with liquidity, custody, and… Read More

December 27, 2020 @ 3:37 pm By Omar Faridi  |  

The team at Paxful, a peer to peer (P2P) Bitcoin exchange, notes that there are times when we just want to sit back and let someone else “do the heavy lifting for us.” The Paxful team aims to make looking for offers a lot easier… Read More

December 27, 2020 @ 2:31 pm By Omar Faridi  |  

Kraken recently announced that crypto exchange pioneer Miha Grčar has joined the US-based digital assets exchange as its Head of Business Development. Kraken’s management confirmed that they’re looking forward to working with Miha Grčar, a pioneer of the digital currency exchange sector. As mentioned in… Read More

December 27, 2020 @ 2:18 pm By Omar Faridi  |  

Digital asset exchange Binance notes in its crypto market overview report that Bitcoin (BTC) continued its previous week’s bull run. The flagship digital currency managed to break its all-time high several times within 24 hours, stopping only slightly above the $24,000 mark on Saturday (December… Read More

December 26, 2020 @ 9:57 pm By Omar Faridi  |  

Digital asset exchange Coinbase notes that its Security team regularly monitors the safety of its trading platform and customers’ funds. The US-based exchange also keeps a close eye on security threats and “abuse trends” affecting the larger crypto-economy. In December of this year, personal information… Read More

December 26, 2020 @ 5:31 pm By Omar Faridi  |  

1inch, a decentralized or non-custodial crypto exchange aggregator that recently acquired $12 million in funding via a round led by Pantera Capital, has announced the launch of the new 1INCH token. According to the announcement, the 1inch Network will now be “governed” by a distributed… Read More

December 26, 2020 @ 4:37 pm By Omar Faridi  |  

Hong Fang, CEO at digital asset exchange OKCoin, has published an end of year memo in which she noted that it may seem “odd” to feel thankful for 2020. She pointed out that in January 2020, almost nobody could have foreseen or predicted how this… Read More