Blockchain & Digital Assets

November 11, 2020 @ 11:46 am By Samantha Hurst  |  

  PlasmaPay, a global payment and remittance platform for decentralized finance (DeFi), announced on Wednesday it has formed a strategic partnership with Elrond, an internet-scale blockchain. PlasmaPay reported that the partnership will allow Elrond to integrate with the company’s fiat onramp solution and provide DeFi… Read More

November 11, 2020 @ 11:00 am By Stephanie Vaughan Weichsel  |  

We are now over three years into the decentralized finance market, and although we have renewed enthusiasm, the results haven’t begun to materialize in a meaningful way.  Ryan Selkis: Founder of Messario Crypto tweeted last week saying “You say “DeFi is just tech bros learning… Read More

November 11, 2020 @ 10:14 am By Samantha Hurst  |  

OKEx, a top 20 crypto exchange, recently announced an update regarding the suspension of digital asset withdrawals on its platform. The exchange revealed that the suspension occurred on October 16th and it has been working diligently to resolve all matters related to the suspension. OKEx… Read More

November 11, 2020 @ 8:41 am By Omar Faridi  |  

San Francisco-based crypto exchange OKCoin confirmed that it will be supporting the Bitcoin Cash (BCH) hard fork (backwards incompatible upgrade) which will take place on November 15, 2020. The OKCoin team noted that they’ll provide an airdrop of the minority chain’s asset. Hard forks of… Read More

November 11, 2020 @ 7:31 am By Omar Faridi  |  

John Lee Quigley, who’s focused on building Bitcoin media and research products at HASHR8 Inc, notes that Bitcoin (BTC) has been trading past the $15,000 mark and appears to be holding its own during the COVID-19 pandemic. Quigley writes in a blog post that it’s… Read More

November 10, 2020 @ 7:29 pm By Omar Faridi  |  

Cypherium, an enterprise-focused distributed ledger tech (DLT) platform that aims to facilitate interoperability between blockchains and central bank digital currencies (CBDCs), has launched its mainnet. The Cypherium main network launch has come after the project raised $28 million in capital which includes $4 million from… Read More

November 10, 2020 @ 10:20 am By Omar Faridi  |  

We recently connected with Daniel Dabek, the Executive Director and Chief Software Architect at the Safex Foundation, an organization supporting blockchain-focused e-commerce solutions. Dabek explained how Safex aims to “democratize” the digital commerce engine by leveraging blockchain technology. He believes that distributed ledger technology (DLT)… Read More

November 10, 2020 @ 9:37 am By JD Alois  |  

Celsius, a “cryptocurrency rewards-earning platform,” says it has surpassed over $2.2 billion worth of assets under management (AUM). Celsius says it topped $1 billion in total AUM earlier this year and ths has doubled its net cryptoasset holdings in just six months. Celsius has shared… Read More

November 10, 2020 @ 9:00 am By Omar Faridi  |  

UNION, an open and “decentralized” tech platform that’s focused on reducing the risks, costs, and other barriers to the decentralized finance (DeFi) market, has secured more than $3.9 million in capital from Alameda Research, Spark Digital Capital, AAM, Solidity Ventures, 3 Commas, Alpha Chain, Black… Read More

November 10, 2020 @ 8:26 am By Samantha Hurst  |  

Just a little over two years after raising £1,2 million through its equity crowdfunding campaign on Crowdcube, UK-based fintech Nebeus has launched a new funding round on Seedrs to raise a minimum of £400,000. As previously reported, Nebeus, which began trading in 2017,  reported it has… Read More

November 10, 2020 @ 7:25 am By Omar Faridi  |  

The reserve bank in Norway has confirmed that it’s not in a rush to issue a digital Krone, even though a recent research study indicates that cash usage in the country is now down to only 4% of all financial transactions. Declining cash usage is… Read More

November 9, 2020 @ 9:24 pm By Omar Faridi  |  

The developers of IRISnet, which aims to serve as an interchain service hub for next-generation distributed applications, noted that in April 2020, the IRIS Foundation had introduced a community-centric delegation campaign and its second 1-Year Token Burn Plan. Delegation campaigns allow crypto token holders to… Read More

November 9, 2020 @ 5:07 pm By JD Alois  |  

Cred, a crypto lending platform, has filed for Chapter 11 bankruptcy, according to a statement from the company. The news follows reports of “irregularities” at the company. In a tweet last month, Cred said it had approached law enforcement to investigate opaque events pertaining to… Read More

November 9, 2020 @ 1:58 pm By Samantha Hurst  |  

Coinmerce, a Dutch cryptocurrency platform, announced on Monday it has been added to the crypto registry of the Dutch Central Bank. Coinmerce claims it is one of the first companies that offer both wallet and trading functionalities in The Netherlands that is accepted. Founded in… Read More

November 9, 2020 @ 1:22 pm By JD Alois  |  

The US government is looking to set a new record of sorts. The Department of Justice has filed a civil action to seize Bitcoin valued at more than $1 billion, the largest seizure of its kind ever. As has been widely covered, a long slumbering… Read More

November 9, 2020 @ 12:52 pm By Omar Faridi  |  

American Fintech firm Ripple has reportedly chosen the Dubai International Financial Centre as its new regional headquarters. Financial institutions based in over 45 different countries are currently using RippleNet, which is a “decentralized” network for conducting cross-border transactions between different financial services providers. Ripple focuses… Read More

November 9, 2020 @ 10:20 am By JD Alois  |  

Bloomio AG, a holding company of the Bloomio group, has announced that the United States Patent and Trademark Office (USPTO) has issued U.S. Patent No. 10,790,976, which is described as a method for recovering cryptographic assets associated with a cryptocurrency wallet. Citing a study by… Read More

November 9, 2020 @ 9:10 am By Samantha Hurst  |  

  Canadian fintech Mogo Inc. (TSX:MOGO) (NASDAQ:MOGO) announced on Monday the launch of a bitcoin rewards program for its members. Mogo reported it is offering Canadians more ways to “stack sats” by providing members with the opportunity to earn and win bitcoin through this new… Read More

November 9, 2020 @ 8:34 am By Omar Faridi  |  

The COVID-19 pandemic has created many different socioeconomic challenges. It has definitely been a really tough year for the travel and tourism industry as most people were forced to cancel their travelling plans and stay at home (to prevent the further spread of the virus)…. Read More

November 8, 2020 @ 10:02 pm By Samantha Hurst  |  

Hong Kong-based cryptocurrency platform Crypto.com recently announced the release of the Turkish version of the mobile app and exchange. The crypto portal’s app and exchange already support French, Spanish, Korean, Italian, Portuguese, and Chinese. As previously reported, Crypto.com serves more than three million customers by providing… Read More