Blockchain & Digital Assets

August 19, 2020 @ 10:43 am By JD Alois  |  

Paragon Coin, and its affiliated initial coin offering, is pretty emblematic of the ICO heyday when any token could raise money based largely on a white-paper and effective marketing campaign. While it is hard to accurately discern, Paragon issued the PRG token raising around $12… Read More

August 19, 2020 @ 10:26 am By Samantha Hurst  |  

  Kira, a Singapore-based decentralized fintech, announced on Wednesday it secured $2.2 million through its latest investment round, which was led by BTC12 Capital. Founded in 2019, Kira describes itself as a next-generation hyperscale decentralized exchange engineered for cross-chain transfer and frictionless trading experience. “We… Read More

August 19, 2020 @ 10:07 am By Samantha Hurst  |  

Gemini Trust Company, LLC (Gemini), a cryptocurrency exchange and custodian, announced on Wednesday it has selected Eventus Systems, a global trade surveillance and risk management software platform provider, to provide trade surveillance solution for its platform. The signing reportedly marks the sixth major exchange in… Read More

August 18, 2020 @ 10:55 pm By Omar Faridi  |  

IRISnet, which aims to serve as an interchain service hub for next-generation distributed applications, has teamed up with MYKEY, in order to bring MYKEY’s core technologies, including its Smart Wallet and digital identity, and also MYKEY’s ecosystem to IRISnet’s “internet of blockchains.” Through the partnership,… Read More

August 18, 2020 @ 9:58 pm By Omar Faridi  |  

The (Ethereum) ERC-20 token standard has become the most widely-used way to issue digital assets and assign cryptocurrency or blockchain protocol voting rights on the Ethereum (ETH) blockchain, the world’s largest platform for building decentralized applications (dApps). Crypto exchange Coinbase notes that when assessing an… Read More

August 18, 2020 @ 9:47 pm By Omar Faridi  |  

The team at Binance, the world’s largest digital asset exchange, notes that during the past month, the total market cap of Bitcoin (BTC) and other cryptos surged by around $100 billion, as it went from about $270 billion to $370 billion, according to CoinMarketCap data… Read More

August 18, 2020 @ 8:23 pm By Omar Faridi  |  

Qtum (QTUM), an open-source public blockchain-enabled platform that leverages the security of UTXO while enabling several virtual machines including the Ethereum Virtual Machine (EVM), notes that suddenly everyone is talking about decentralized finance or DeFi. Indeed, the DeFi ecosystem is expanding rapidly, despite the risks… Read More

August 18, 2020 @ 7:23 pm By JD Alois  |  

Conflux Network, a permissionless blockchain network, has received a second public endorsement from a Chinese government entity. In a release, Conflux said that the Hunan government has joined the Shanghai government in blessing their blockchain. Conflux notes that they are the only privately created blockchain… Read More

August 18, 2020 @ 11:08 am By Samantha Hurst  |  

Digital asset investing platform for professional wealth managers Blockchange announced on Tuesday it has formed a new partnership with cryptocurrency exchange and custodian Gemini to provide registered investment advisors (RIAs) a secure one-stop-shop for buying, selling and storing digital assets. The duo claims that this… Read More

August 18, 2020 @ 9:48 am By Samantha Hurst  |  

Cryptocurrency trading platform PrimeXBT announced on Tuesday it has launched the Covesting copy trading platform to the public. PrimeXBT reported that Covesting, which is a result of an ongoing B2B partnership and white label licensing agreement in cooperation with Europe-based fintech software developer, notably connects… Read More

August 17, 2020 @ 10:44 pm By Omar Faridi  |  

Blockfolio, which provides blockchain and crypto industry updates with detailed pricing, market data, news, and direct updates from key players, reveals that 32% of people responding to a survey said they do not know anything about decentralized finance or DeFi. The Blockfolio online survey, which… Read More

August 17, 2020 @ 9:45 pm By Omar Faridi  |  

The COVID-19 outbreak had led to many Asian countries exploring the adoption of blockchain or distributed ledger technology (DLT) in order to securely manage data, according to an update from the Nikkei Asian Review. Tomohiro Maruyama, senior manager of PricewaterhouseCoopers (PwC) Consulting, told Nikkei that… Read More

August 17, 2020 @ 8:55 pm By Omar Faridi  |  

Huobi Group, a major blockchain and digital assets service provider that operates cryptocurrency exchanges and related services, has revealed that it has launched Huobi DeFi Labs. According to a release, Huobi DeFi Labs will focus on research, investment, and incubation of decentralized finance projects. The… Read More

August 17, 2020 @ 3:45 pm By JD Alois  |  

Grayscale Investments has announced that Grayscale Bitcoin Cash Trust and Grayscale Litecoin Trust have received DTC-eligibility to trade. Shares of Grayscale Bitcoin Cash Trust will be available to trade on OTC Markets under the symbol: BCHG and shares of Grayscale Litecoin Trust will be available… Read More

August 17, 2020 @ 3:28 pm By Samantha Hurst  |  

Robinhood, a modern trading platform that offers both traditional securities as well as crypto, announced on Monday it raised $200 million through its Series G funding round, bringing the company’s valuation to $11.2 billion. The investment was led by D1 Capital Partners. Founded in 2013,… Read More

August 17, 2020 @ 10:27 am By JD Alois  |  

CoinDCX, a crypto exchange that claims to be the largest in India, says its fiat to crypto product Insta has experienced 38% month over month growth in volume, according to a statement by the firm. The company claims that Insta has become India’s most trusted… Read More

August 17, 2020 @ 10:26 am By Samantha Hurst  |  

BitGo Prime, BitGo’s recently launched institutional trading services entity, is joining forces with boutique lending group for alternative investment vehicles Clear Hedge Capital to offer an integrated solution with lending, trading, and custody. The offering comes with an agreement to collaborate and focus exclusively on… Read More

August 17, 2020 @ 7:57 am By Omar Faridi  |  

Leading cryptocurrency exchange Binance reveals that if you had invested $1,000 on Jan 1,  2020, in both Amazon (NASDAQ:AMZN) stock and Bitcoin (BTC), you would have earned significantly more from your Amazon holdings, when compared to the price appreciation of the leading digital currency. However,… Read More

August 16, 2020 @ 10:35 pm By Samantha Hurst  |  

  Hong Kong-based cryptocurrency platform Crypto.com recently announced its Exchange will exit public beta on September 8th. According to Crypto.com, Exchange was launched last November in private beta and opened to the public a month after.   “Users are able to trade digital assets on one… Read More

August 16, 2020 @ 9:36 pm By Omar Faridi  |  

The Aave protocol, an open-source and non-custodial DeFi protocol to earn interest on digital asset deposits while also being able to borrow assets, now has a market cap of more than $1 billion (at the time of writing). In February 2020, the entire decentralized finance… Read More