Blockchain & Digital Assets

June 13, 2020 @ 2:46 pm By Omar Faridi  |  

Wilshire Phoenix, an investment firm that provides multiple services including advisor and asset management, has filed an S-1 registration statement with the US Securities and Exchange Commission (SEC) for a publicly traded Bitcoin (BTC) Fund. The Wilshire team notes in its filing: “The Shares will… Read More

June 13, 2020 @ 2:06 pm By Omar Faridi  |  

PARSIQ, a blockchain monitoring and workflow automation platform that provides tools for analyzing, detecting, and preventing cryptocurrency-related fraud, and Dash NEXT, the Asia-based business development division supporting Dash (a digital asset platform), are extending their existing partnership. PARISQ and Dash NEXT aim to enable real-time… Read More

June 13, 2020 @ 9:36 am By Omar Faridi  |  

Indian officials are reportedly considering passing a law that would ban the use of decentralized cryptocurrencies.  As reported by India’s Economic Times, the nation’s government might see a legal framework as being more effective than the Reserve Bank of India’s (RBI) blanket ban on crypto-assets…. Read More

June 12, 2020 @ 5:31 pm By Omar Faridi  |  

Singapore-based Three Arrows Capital, a digital asset hedge fund, has reportedly become the first qualified investor to hold over 5% of Grayscale’s Bitcoin Trust (OTC:GBTC) shares. According to Grayscale, its Bitcoin Trust’s shares are the first publicly quoted securities “solely invested in and deriving value… Read More

June 12, 2020 @ 2:37 pm By Omar Faridi  |  

The Kava’s decentralized finance (DeFi) lending platform went live on June 10, 2020.  It features Binance Coin (BNB) collateral, USDX loans, and allows network participants to earn rewards. The Kava Labs team noted: “With this … launch, Kava [aims to] open the doors of DeFi… Read More

June 12, 2020 @ 2:32 pm By Samantha Hurst  |  

Bitcoin IRA, a company that allows individuals to invest in cryptocurrency, announced on Thursday the launch of its crypto savings program specifically for retirement investors, Saver IRA. According to Bitcoin IRA, the program is aimed at helping individuals build up retirement savings and allowing them… Read More

June 12, 2020 @ 7:33 am By Omar Faridi  |  

Estonia, one of the world’s most developed nations with an advanced, high-income economy that’s among the fastest-growing in the EU, is reportedly caught up in one of Europe’s largest-ever dirty-money scandals. Estonia has been quite active when it comes to encouraging the adoption of digital… Read More

June 11, 2020 @ 7:34 pm By Omar Faridi  |  

The Turkish stablecoin BiLira will reportedly be launching on AVA, an open-source platform for building and deploying decentralized finance (DeFi) apps and enterprise-grade blockchain solutions that can be run in “one interoperable, highly scalable ecosystem.” The AVA Labs team says that the new stablecoin should… Read More

June 11, 2020 @ 6:52 pm By Omar Faridi  |  

San Francisco-based crypto exchange Coinbase says it will continue to explore and consider adding support for new digital assets. The exchange says it aims to offer support for all crypto-assets that meet its technical requirements and standards and which also adhere to applicable laws. The… Read More

June 11, 2020 @ 3:09 pm By Samantha Hurst  |  

Global blockchain payments provider BitPay announced on Thursday it has launched the BitPay Card, which is claimed to be the first  Mastercard Prepaid card for crypto users in the U.S. According to BitPay, the BitPay Card enables customers to instantly convert cryptocurrency into fiat currency,… Read More

June 11, 2020 @ 10:48 am By JD Alois  |  

Vanguard is piloting blockchain technology in partnership with Symbiont, according to a note from the firm. Vanguard is one of the top fund management firms in the US and one of the world’s largest investment management companies. As of April, Vanguard managed about $5.7 trillion… Read More

June 11, 2020 @ 8:13 am By JD Alois  |  

Celsius Network has announced a $15 million equity funding round to be promoted by BnkToTheFuture. The equity offering is said to be for both U.S. & non-U.S. investors. Celsius Network claims it has seen rapid growth since its launch in July 2018 with over 100,000… Read More

June 11, 2020 @ 7:56 am By JD Alois  |  

YRD Capital, a Fund of Funds (FoF) that focuses on quantitative trading in digital assets, has appointed Ian Morely as Chairman. Morely is described as a “hedge fund industry titan” having been the founding Chairman of the Alternative Investment Management Association (AIMA), a global trade… Read More

June 11, 2020 @ 7:41 am By Omar Faridi  |  

The Human Rights Foundation, a non-profit entity that aims to promote and protect human rights globally, with a special focus on “closed” societies, has introduced a Bitcoin (BTC) development fund. The new fund will support open-source application developers who are focused on making the Bitcoin… Read More

June 10, 2020 @ 7:38 pm By Omar Faridi  |  

Almost 80% of institutional investors say that digital assets could be a worthwhile investment, according to a survey of 800 US and European financial institutions conducted by trillion-dollar asset manager Fidelity. Fidelity’s survey revealed that more than a third of these institutions have already invested… Read More

June 10, 2020 @ 3:28 pm By JD Alois  |  

Coinsquare, a Canadian crypto exchange, has responded to the reports regarding a “hack” and data breach that apparently revealed data of 50,000 users. As the story goes, Coinsquare was approached by a reporter at Vice that claimed to have seen a sample of the stolen… Read More

June 10, 2020 @ 1:16 pm By JD Alois  |  

  The Libra Association continues its push to create a fortress management team with another high-profile appointment. Today, Libra has announced Sterling Daines as its Chief Compliance Officer. Daines is said to be an expert in financial crime and compliance. Currently, Daines is the Managing… Read More

June 10, 2020 @ 11:21 am By JD Alois  |  

Filecoin, a digital asset issuer that raised a whopping $205.8 million in 2017 in a Reg D coin offering, has announced an “incentivized testnet” designed to boost participation prior to the launch of its mainnet. Filecoin said a collaborative competition will run over a three… Read More

June 10, 2020 @ 11:07 am By Omar Faridi  |  

  The ETC Group, a company established by experienced financial services professionals, announced on June 9, 2020 that they will be listing the world’s first “centrally cleared” Bitcoin ETC, BTCetc Bitcoin Exchange Traded Crypto – (BTCE) on Deutsche Börse’s XETRA platform. As noted in a… Read More

June 10, 2020 @ 9:11 am By JD Alois  |  

Digital asset exchange CrossTower has been selected to join the Crypto Rating Council (CRC) as its newest member. “We are honored to have been selected to join the CRC and look forward to increasing visibility, promoting standards, and contributing to the safe and orderly growth… Read More