Blockchain & Digital Assets

October 22, 2020 @ 10:32 pm By Omar Faridi  |  

Nexia TS, a Singapore-based accounting firm, notes that the use of blockchain or distributed ledger tech (DLT)-based solutions can potentially “improve compliance” and “decrease risks” typically associated with digital transformation processes. DLT-enabled solutions might also improve the overall efficiency of a company’s operations. The Nexia… Read More

October 22, 2020 @ 10:28 pm By Omar Faridi  |  

Ocean Protocol (OCEAN), which allows software engineers to build marketplaces and other apps to privately and securely publish, exchange, and consume data, is now available on Kyber Network, a protocol that facilitates automated, “decentralized,” instant, and low-cost exchanges of Ethereum-based digital assets. The Kyber Network… Read More

October 22, 2020 @ 4:01 pm By Samantha Hurst  |  

Digital asset exchange Bitfinex announced on Thursday it is set to list the HUMAN Token (HMT), which is notably a medium of exchange that will be used to power the decentralized labor markets built on the HUMAN Protocol. The HUMAN Protocol notably provides a hybrid… Read More

October 22, 2020 @ 3:14 pm By JD Alois  |  

Several years after completing a $200+ million token offering, Filecoin flipped on the switch to its Mainnet this month. Filecoin is creating a decentralized cloud storage network seeking to compete with the likes of AWS and Microsoft’s Azure. The mission is to be faster and… Read More

October 22, 2020 @ 10:06 am By JD Alois  |  

Franklin Templeton, an asset manager with over $1.4 trillion in assets under management, has announced an investment in Curv, a digital asset security firm. The news follows a $23 million Series A round and BNP Paribas completing a successful concept with digital assets using Curv…. Read More

October 22, 2020 @ 8:03 am By Omar Faridi  |  

Anchorage, a company that aims to help institutional investors with adopting digital assets, has teamed up with Tokensoft to bring wrapped layer-one crypto-assets to the Ethereum (ETH) blockchain. Diogo Mónica, Co-Founder and President at Anchorage, explained that his organization will work with Tokensoft to offer… Read More

October 22, 2020 @ 2:00 am By JD Alois  |  

LGO, a crypto exchange that services individual and institutional customers, will merge with Voyager Digital Ltd.,(CSE: VYGR) (OTCQB: VYGVF) (FRA: UCD2) a cryptoasset broker that provides retail and institutional investors with a turnkey solution to trade cryptoassets, according to a release. Voyager and LGO said… Read More

October 21, 2020 @ 11:27 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, has announced the launch of MANTRA DAO’s third staking pool. The MANTRA team is also offering an OM (its native… Read More

October 21, 2020 @ 10:44 pm By JD Alois  |  

Last week, the G20 Finance Ministers and Central Bank Governors welcomed the efforts of the FATF to identify the money laundering and terrorist financing risks that have arisen during the COVID-19 pandemic.  The G20 said that the COVID health crisis is being exploited by criminals… Read More

October 21, 2020 @ 10:33 pm By Omar Faridi  |  

The CoinList team confirms that on October 15, 2020, their friends at NuCypher were able to launch their mainnet, bringing the NuCypher WorkLock period on CoinList to “a successful end.” CoinList noted that participants in the WorkLock were able to stake their Ethereum (ETH) directly… Read More

October 21, 2020 @ 10:23 pm By JD Alois  |  

Today’s news that PayPal (NASDAQ:PYPL) will start allowing it’s over 360 million users to use crypto placed a firm stamp of establishment approval on digital currency. PayPal partnered with Paxos to provide the service – a digital asset firm that has always placed regulatory compliance… Read More

October 21, 2020 @ 10:01 pm By Omar Faridi  |  

Mark Smargon, CEO at Fuse.io, a Tel Aviv based Fintech firm that aims to leverage (decentralized finance) DeFi infrastructure to create a platform for entrepreneurs that allows them to turn “communities into economies,” has confirmed that the Fuse.io project has now been launched on ProductHunt… Read More

October 21, 2020 @ 9:51 pm By JD Alois  |  

The Commodity Futures Trading Commission (CFTC), Division of Swap Dealer and Intermediary Oversight (DSIO) has issued an advisory to futures commission merchants (FCMs) regarding the holding of virtual currency in segregated accounts. The advisory, in the form of a Staff Letter, provides guidance to FCMs… Read More

October 21, 2020 @ 1:26 pm By Samantha Hurst  |  

The Global Digital Asset and Cryptocurrency Association (Global DCA) announced on Wednesday it has officially launched to guide the evolution of this new technology within a regulatory framework designed to build public trust, foster market integrity, and maximize economic opportunity for all participants. The Global… Read More

October 21, 2020 @ 11:29 am By JD Alois  |  

With the announcement that PayPal will now enable trading and payments in crypto, the world’s most popular digital currency – Bitcoin has jumped in price. At last glance, Bitcoin is trading over USD$ 12,700 – earlier today it was under $12,000. Shares in PayPal neared… Read More

October 21, 2020 @ 11:04 am By JD Alois  |  

 tZERO, a blockchain-focused subsidiary of Overstock.com (NASDAQ:OSTK), has announced the launch of its broker-dealer subsidiary that can service retail investors. tZERO Markets offers an online brokerage service that also facilitates the trading of digital assets via tZERO ATS. The digital securities currently available for trading… Read More

October 21, 2020 @ 10:34 am By Samantha Hurst  |  

  Celsius Network, a cryptocurrency lending and borrowing platform, announced on Wednesday it has reduced its minimum loan amount to $500, making Celsius one of the most accessible crypto-lenders in the space. Celsius reported that the latest decrease comes less than a year after it… Read More

October 21, 2020 @ 10:01 am By Omar Faridi  |  

Decred (DCR), a cryptocurrency that focuses on ensuring security and achieving scalability, is launching DCRDEX, which is the first “decentralized” digital asset exchange of its kind. DCRDEX won’t be charging trading fees and it’s reportedly the first non-custodial exchange to use a new order matching… Read More

October 21, 2020 @ 9:39 am By JD Alois  |  

  PayPal (NASDAQ:PYPL) has partnered with Paxos to allow users to buy, hold, sell crypto, and pay in crypto by using the PayPal wallet in a new partnership with Paxos. The decision to incorporate digital assets is another sign of corporate acceptance of digital currency…. Read More

October 21, 2020 @ 9:00 am By Omar Faridi  |  

Waves Association, a non-profit organization that’s focused on the development of innovative technologies for the Waves (WAVES) protocol, will be offering a grant program of 1 million WAVES tokens – which are valued at around $2.9 million at the time of writing. The grant program… Read More