Blockchain & Digital Assets

November 8, 2020 @ 9:52 pm By Samantha Hurst  |  

Sygnum Bank, a licensed digital asset bank, recently claims it is the first regulated bank to launch staking for Tezos (XTZ), an open-source protocol backed by a global community of 1300+ validators, researchers and developers. According to Sygnum, XTZ may now be deposited and staked,… Read More

November 8, 2020 @ 6:22 pm By Omar Faridi  |  

The Bitcoin (BTC) and Ethereum (ETH) price continued to increase this past week. Bitcoin had been trading above the $15,500 mark, however, its price has now dropped to around $15,000 at the time of writing. Ethereum is also down over 5% during the past 24… Read More

November 8, 2020 @ 11:12 am By Omar Faridi  |  

Binance alum Fetch.ai, an established blockchain-focused AI firm launched by former DeepMind investors and developers, had introduced Mettalex, a “decentralized” crypto and commodities derivatives trading platform (back in August 2020). In a recent update, the Mettalex developers noted that as they get ready to officially… Read More

November 8, 2020 @ 10:54 am By Omar Faridi  |  

Binance, the world’s largest digital asset exchange, has noted in its weekly crypto market report that for most of the past week, Bitcoin (BTC) had been trading between the relatively tight $13,300 and $13,900 range. But then, over the span of just 48 hours, the… Read More

November 7, 2020 @ 6:25 pm By Omar Faridi  |  

MANTRA DAO (distributed autonomous organization), a community-governed decentralized finance (DeFi) platform that aims to make staking, lending, and governance more accessible to traders and investors, will be integrating Bluzelle’s decentralized database (Bluzelle DB) into future products like the KARMA rating protocol. Bluzelle is powered by… Read More

November 7, 2020 @ 12:10 pm By Omar Faridi  |  

  We recently connected with Dave Hodgson, Chief Investment Officer at NEM Group and Managing Director NEM Ventures. NEM (XEM) is a major blockchain or distributed ledger technology (DLT) based platform for building and deploying decentralized applications (dApps). Hodgson’s role encompasses group investment management, jurisdictional… Read More

November 7, 2020 @ 11:07 am By Omar Faridi  |  

LocalBitcoins, a leading peer to peer (P2P) Bitcoin exchange, notes that with the advent of quantum computing, there have been concerns that this new technology could be a threat to existing online protocols. Some experts claim that powerful quantum computers might become a legitimate threat… Read More

November 7, 2020 @ 7:57 am By Omar Faridi  |  

Investment platform Fumbi Network, which was founded by Juraj Forgacs in late 2018, has chosen French crypto-asset security firm Ledger as its custody and security solutions provider. As explained by Ledger, Fumbi Network is “a simple and secure service that enables those in the Slovak… Read More

November 6, 2020 @ 6:11 pm By Omar Faridi  |  

The developers of Aave, an open-source and non-custodial decentralized finance (DeFi) protocol for earning interest on digital asset deposits while also being able to borrow assets, have teamed up with Axie Infinity. Through the partnership, both organizations aim to bring you a “hot new collab”… Read More

November 6, 2020 @ 6:09 pm By Omar Faridi  |  

San Francisco-based crypto exchange Coinbase has added support for Civic (CVC), Decentraland (MANA), and district0x (DNT). Users of Coinbase.com (for retail traders) can begin trading these tokens. Support for CVC, MANA, and DNT tokens has also been added for Coinbase Android and iOS apps. Coinbase… Read More

November 6, 2020 @ 6:07 pm By Omar Faridi  |  

1inch, a decentralized (or non-custodial) crypto exchange (DEX) aggregator with competitive prices, has introduced the second version of their software and platform. As mentioned in a blog post by 1inch: “The main highlights are Pathfinder, an API that contains a new discovery and routing algorithm,… Read More

November 6, 2020 @ 3:09 pm By Samantha Hurst  |  

Figure Technologies, a lending platform that uses blockchain technology, announced on Friday it has applied for a U.S. national bank charter The fintech is now seeking the Office of Comptroller of the Currency’s approval to offer home equity loans and financing services across the U.S…. Read More

November 6, 2020 @ 2:56 pm By Samantha Hurst  |  

  Bitcoin IRA, a company that allows individuals to invest in cryptocurrency, announced on Friday the launch of its new Crypto Knowledge Center. According to Bitcoin IRA, the center provides a dedicated hub for educational information specifically for blockchain, cryptocurrency, and self-direct retirement accounts. “Bitcoin… Read More

November 6, 2020 @ 7:21 am By Omar Faridi  |  

Square (NYSE:SQ), a popular payments platform, confirmed on November 5, 2020, that it had sold around $1.63 billion in Bitcoin (BTC) via its widely-used Cash App during Q3 2020. Square’s management reported gross profits of about $32 million from Bitcoin transactions (for the third quarter… Read More

November 5, 2020 @ 11:43 pm By Omar Faridi  |  

The developers of IRISnet, which aims to serve as an interchain service hub for next-generation distributed applications, have confirmed in their monthly report that the IRITA Hub has been integrated with the Blockchain Service Network’s (BSN) Interchain Communications Hub. This marks “the first step towards… Read More

November 5, 2020 @ 11:33 pm By Omar Faridi  |  

IOST, an “ultra-fast” and “decentralized” blockchain network based on the “next-generation consensus algorithm “Proof of Believability,” recently connected with the Gravity Network in order to support cross-chain functionality. As mentioned in a blog post by Waves Protocol developers: “As Gravity expands the list of its… Read More

November 5, 2020 @ 10:41 pm By Omar Faridi  |  

Finoa has partnered with Skale Labs in order to offer institutional-grade custody support for SKALE, which is the native token that’s used to power the SKALE Network. The SKALE Network is an Ethereum-as-a-service platform that has been developed to support the “exponential” growth of the… Read More

November 5, 2020 @ 11:21 am By JD Alois  |  

The Federal Trade Commission (FTC) is sending PayPal payments of over $470,000 to consumers who lost money to “deceptive chain referral schemes involving cryptocurrencies” according to a release. The FTC states that the defendants promoted Bitcoin Funding Team and My7Network  falsely promised that participants could… Read More

November 5, 2020 @ 10:35 am By JD Alois  |  

Realio Technology, a SaaS platform for the issuance, investment, and management of digital assets, says it will tokenize a Bitcoin mining fund. Liquid Mining Fund I is being launched through a partnership with Valentus Digital. The tokenized fund will create yield via a stream of newly… Read More

November 5, 2020 @ 8:54 am By Samantha Hurst  |  

Hong Kong-based cryptocurrency platform Crypto.com announced on Wednesday it secured Adaptive (Tier 4) rating from the National Institute of Standards and Technology (NIST) Cybersecurity Framework and the latest NIST Privacy Framework, developed by the US Department of Commerce. The crypto portal claims that it is the… Read More