Blockchain & Digital Assets

July 21, 2020 @ 9:26 am By Samantha Hurst  |  

South Korean cryptocurrency exchange Bithumb announced on Monday the launch of its new smart token, BTCS. The platform now has seven smart tokens, which are ETHS, XRPS, LTCS, BCHS, BSVS, COMPS, and BTCS. According to Bithumb, basic characteristics of the smart tokens are the following:… Read More

July 21, 2020 @ 8:18 am By Samantha Hurst  |  

Robinhood, a modern trading platform that offers both traditional securities as well as crypto, has made the tough decision to postpone its UK launch indefinitely. The company announced the unfortunate news in an email on Tuesday, which reportedly read: Hi there,   We’re saddened to… Read More

July 20, 2020 @ 10:21 pm By JD Alois  |  

CoolBitX and Elliptic have partnered to launch Sygna Bridge. a solution for virtual asset service providers (VASPs) to comply with the Financial Action Task Force (FATF) travel rule for crypto. CoolBitX is a blockchain security company. Elliptic is a crypto risk management firm. The collaboration… Read More

July 20, 2020 @ 9:33 pm By Omar Faridi  |  

The global COVID-19 crisis has forced many businesses to either shut down or make significant changes to their business models. Individuals and companies are increasingly using digital platforms and services to conduct transactions or complete routine tasks that they normally carried out at physical locations…. Read More

July 20, 2020 @ 6:13 pm By Omar Faridi  |  

Qtum (QTUM), a top 50 cryptocurrency platform with a market cap of more than $238 million at the time of writing (according to CoinGecko), recently published its Q2 2020 report. The team behind Qtum, which leverages Ethereum’s (ETH) smart contract functionality along with the security… Read More

July 20, 2020 @ 3:48 pm By JD Alois  |  

Jack Abramoff, the infamous lobbyist, has settled with the Securities and Exchange Commission (SEC) regarding allegations of an illicit digital asset offering. As was previously reported, Abramoff, along with NAC Foundation (National Aten Coin) and its CEO Marcus Andrade were charged with selling a digital asset security,… Read More

July 20, 2020 @ 3:21 pm By JD Alois  |  

Grayscale Investments has announced that shares of both Grayscale Bitcoin Cash Trust and Grayscale Litecoin Trust have received regulatory approval from FINRA for public quotation under symbols: BCHG and LTCN on OTC Markets. Grayscale states that this is the first publicly-quoted securities in the U.S…. Read More

July 20, 2020 @ 10:46 am By JD Alois  |  

HM Treasury has issued two public consultations today. One is a review of the current requirement for an authorized firm to approve the financial promotion of an unauthorized firm that may not operate as a strong enough safeguard to ensure such financial promotions are compliant… Read More

July 20, 2020 @ 9:28 am By Samantha Hurst  |  

  DigitalMint, a U.S.-based Bitcoin point-of-sale provider, announced on Monday it has formed a partnership with Answers, Etc., a financial services software provider. DigitalMint reported that by integrating with Answers, Etc.’s financial service center point-of-sale system, Tier3, the collaboration will provide a “simple” way for… Read More

July 20, 2020 @ 9:15 am By Samantha Hurst  |  

  Wirex, a UK-based payments platform, announced on Monday it has secured Mastercard principal membership. Wirex claims it is the first cryptocurrency-native platform to secure the membership, which will enable Wirex to issue payment cards directly, offering even more convenience, reduced costs, and faster transactions… Read More

July 20, 2020 @ 9:03 am By Samantha Hurst  |  

Digital assets exchange OKEx announced on Monday it has has finished its Beacon Program — European Edition. According to OKEx, the program provided three masterclasses by prominent players in the cryptocurrency space and individual mentoring from top OKEx executives, including CEO Jay Hao and Director… Read More

July 20, 2020 @ 7:58 am By JD Alois  |  

Maksab, a blockchain-enabled digital platform that aims to promote high growth opportunities via a virtual deal-making marketplace, has launched in Dubai.  The company notes that MENA based startups have raised over USD $659 million in the first half of 2020, a 35% increase compared to… Read More

July 20, 2020 @ 7:41 am By Omar Faridi  |  

The Securities Commission (SC) of Malaysia, which recently warned residents about facing lengthy prison sentences and fines for operating unlicensed Cryptocurrency ATMs, has specifically mentioned that Binance, the world’s largest digital asset exchange, is not authorized to offer services in the country. The Malaysian SC… Read More

July 19, 2020 @ 10:15 pm By Samantha Hurst  |  

Hong Kong-based cryptocurrency platform Crypto.com announced on Friday it has rolled out its new anti-phishing email feature to help protect exchange users against phishing attempts. According to Crypto.com, the anti-phishing email feature helps reinforce the platform’s  Defense in Depth approach. “With this new feature, we… Read More

July 19, 2020 @ 8:00 pm By JD Alois  |  

METACO, a provider of digital asset infrastructure for financial institutions, has raised $17 million in a Series A round. In a release, the Switzerland based Fintech said the round was oversubscribed, with demand over double the initial target. METACO said their captured continued support from… Read More

July 19, 2020 @ 6:08 pm By Omar Faridi  |  

San Francisco-based crypto exchange Coinbase announced on July 16, 2020, that it will support Algorand (ALGO) at Coinbase.com and in the Coinbase Android and iOS apps. Coinbase customers will be able to purchase, sell, convert, send, receive, or store ALGO. The digital asset exchange confirmed… Read More

July 19, 2020 @ 5:05 pm By Omar Faridi  |  

In June 2020, the Ontology (ONT) team celebrated two years since the launch of the Ontology mainnet, which aims to serve as a “high-performance” enterprise blockchain or distributed ledger technology (DLT) platform. Last month, the blockchain developers also launched Ontology 2.0, which involved the integration… Read More

July 19, 2020 @ 4:01 pm By Omar Faridi  |  

The Stellar Development Foundation (SDF), a non-profit entity established in 2014 to support the development and growth of the open-source Stellar (XLM) protocol, recently announced that Samsung added support for the XLM digital currency to its Samsung Blockchain Keystore. XLM (or “lumens”) is now available… Read More

July 19, 2020 @ 3:08 pm By JD Alois  |  

  The Twitter hack that saw 130 different accounts compromised and embarrassed the popular social media company is still be sorted out. It has been reported that the FBI is involved in the investigation of how exactly the perpetrators gained access to prominent Twitter accounts… Read More

July 19, 2020 @ 1:14 pm By Omar Faridi  |  

San Francisco-based Cloudflare, a web-infrastructure and website-security firm, offering content-delivery-network services, DDoS mitigation, Internet security, and distributed DNS services, experienced downtime again on July 17, 2020. Whenever Cloudflare goes down or has some other type of technical difficulties, it immediately affects millions of websites that… Read More