Blockchain & Digital Assets

Blockchain, distributed ledger technology, crypto, digital assets, tokenization and stablecoin news.

Bitcoin Mercantile Exchange (BitMEX) Says COVID-19 Is Accelerating Digital Technology Adoption, Benefiting BigTech while SMEs Struggle

Bitcoin Mercantile Exchange (BitMEX), one of the largest cryptocurrency derivatives exchanges in the world, says that they “no longer think that dated volatility-related bets are an effective way to protect portfolios because they are now too expensive.” THe BitMEX team stated: “We believe that inflation… Read More

Block.one CEO Brendan Blumer and EOS Community Celebrate Blockchain Development Platform’s Second Anniversary

Brendan Blumer, CEO at Block.one, the developer of EOS, a leading platform for building decentralized applications (dApps), reminded his social media followers that it’s now been two years (on June 2, 2020) since the EOS mainnet went live (during the summer months of 2018). Blumer… Read More

Controlling What You Reveal: How Zero Knowledge Proofs are Changing How We Spend the Currency We Now Call Data

When you go to a bar and give your ID to the bartender, do you ever think about how much you’re giving away? Let’s say you use your driving license as your ID; you’re letting the bartender know that you’re not underage, but you’re also… Read More

Crypto Scams, Frauds, Hacks etc. Stole $1.36 Billion in First 5 Months of 2020: Report

The cryptocurrency sector of finance has long been a hotbed for fraud, scams, hacks, and crimes. The relative anonymity (or perceived anonymity) along with the ability to seamlessly transfer value in seconds has been catnip for crooks. Industry participants have struggled in the ongoing cat… Read More

Asset Transfer Network Launched by Fireblocks, Over 55 Institutions Sign Up

Fireblocks, an enterprise-grade digital asset platform, has announced the launch of the “Asset Transfer Network” for institutions. Fireblocks states that over 55 institutions and 26 digital asset exchanges are already active on the Network. Fireblocks, which supports 200+ tokens, enables the safe transfer of assets… Read More

The InterWork Alliance Seeks to Standardize Tokenized Assets, Gains Support of Big Names Like Microsoft, DTCC, Accenture, IBM, Nasdaq, Hedera Hashgraph, R3 & Many More

  The newly created InterWork Alliance (IWA) has formally launched operations as a non-profit dedicated to establishing a standards framework for the tokenization of assets. The IWA states that digital assets have the potential to “disrupt global economics,” but the disparity of approach and technology… Read More

Current Economic Situation Due to COVID-19 Is Good Opportunity for Developing Decentralized Finance Services, Fintech Entrepneur Felix Mago Says

Businesses throughout the world are looking for ways to cope with the adverse effects of the COVID-19 outbreak. Governments across the globe have enforced lockdowns and recommended that people observe safe distancing measures to avoid the further spread of the Coronavirus. There are now over… Read More

Facebook’s Libra Serves as Signal that Fintech Firms like Visa, Paypal, Booking.com Were Eager to Explore Stablecoins, Blockchain Advisor Argues

Stablecoins are digital assets pegged 1-to-1 (in most cases) to major world currencies like the  US dollar or British pound (GBP), or even gold.  In most cases, stablecoin tokens are based on blockchain or some type of distributed ledger technology (DLT). The largest amount or… Read More

Digital Asset Exchange and Wallet Provider Zebpay to Use Chainalysis Blockchain Tools to Prevent Financial Crime

Zebpay, a digital currency wallet and exchange provider that began its relaunch in India earlier this year, will be working with blockchain security and analysis firm Chainalysis to monitor crypto-asset transactions performed across its platforms for Indian consumers. Chainalysis had already been providing its Know… Read More

Binance to Reportedly Launch its Stablecoin BUSD on Harmony Protocol’s Blockchain Network

Binance, the world’s largest cryptocurrency exchange, will reportedly launch its stablecoin, Binance USD (BUSD) on Harmony protocol’s blockchain network. Stephen Tse, founder at Harmony, noted via Twitter that the launch is “just in time for Harmony’s Binance Launchpad anniversary.”   BREAKING: @binance USD (BUSD) will… Read More

UK Digital Asset Solution BeQuant Teams Up With OKEx to Launch Prime Brokerage Platform

BeQuant, a UK-based retail and institutional multi-exchange trading platform, announced on Monday it has formed a partnership with cryptocurrency platform to launch its prime brokerage platform. Founded in 2007, BeQuant reported that its products include prime brokerage, custody, fund administration enhanced by an institutional trading… Read More

First French ICO to Receive Regulatory Approval Completes Offering

French ICO, the first initial coin offering (ICO) that received a Visa from the French Autorité des Marchés Financiers (AMF), has completed the offering. According to a public statement, French-ICO collected 574.85 ETH, which was 115% of the soft cap for the FICO tokens. The… Read More

BitMEX to Launch BCHUSD Quanto Perpetual Swap Contract

Cryptocurrency trading platform BitMEX announced on Monday its plans to launch BCHUSD quanto perpetual swap contract. This will be the fourth quanto contract to be launched on the crypto platform and will offer up to 25x leverage and will launch on June 16th. The contract… Read More

Fintech Adoption in Latin and South America Is on the Rise, with Mexico and Brazil Leading the Charge

Although Latin America (LatAm) may have introduced Fintech services after they had been established in more advanced economies like the US and in Europe, the region is growing fast because of the launch of several financial technology initiatives. While it may be difficult to accurately… Read More

Binance-owned CoinMarketCap Updates its Cryptocurrency Pair Rankings System

thought-catalog unsplash Bitcoin Ethereum Cryptocurrency

Digital asset market data aggregator CoinMarketCap recently revealed that it has introduced a different type of ranking system for cryptocurrency market pairs. CoinMarketCap said it would begin using a new ranking system that takes several factors into consideration. The leading crypto data site operator noted… Read More

Coinbase Adds Maker (MKR) Governance Token, Will Support MKR-BTC, MKR-USD Trading, but No ETH

San Francisco-based crypto exchange Coinbase has confirmed that on June 8, 2020, it will begin taking inbound transfers of Maker (MKR) to Coinbase Pro, the platform for professional digital asset traders. The exchange operator said that users may start trading MKR via Coinbase “on or… Read More

Tether and Aave Protocol Report Significant Increase in USDT Demand, Due to Growing Interest in DeFi

Tether, the blockchain-powered platform that’s used to power the largest stablecoin by market cap, and Aave Protocol, an open-source and non-custodial money market protocol, have reported a significant increase in demand for Tether (USDT). They claim that the surge in demand for USDT may be… Read More

London’s Micropayments Fintech SatoshiPay Acquires $550,000 Investment in XLM Cryptocurrency from Stellar Development Foundation

London-based SatoshiPay, a Fintech firm that aims to provide fast and affordable payment solutions, has teamed up with the San Francisco-headquartered Stellar Development Foundation (SDF). According to a release, SatoshiPay has received a $550,000 investment from SDF’s Enterprise Fund. The funds will be used to… Read More

Snowball Money Offers Higher Interest Bearing Accounts for Savers, Looks for Investors on Republic

Snowball Money is an app-based platform that seeks to help users generate more money from their crypto investments. Staking/crypto lending platforms have risen in popularity as crypto-holders look to put their money work. A good amount of crypto is parked doing nothing yet there is… Read More

Argentina Looks to Control Crypto Transactions as the Country Inches Towards Default on Debt, Once Again

Last week the Argentinian Unidad de Informacion Financiera issued a statement about digital assets and money laundering. The regulator said there has been an increase in transactions carried out through virtual assets that may be illegal. To quote the agency: “In this context, the Financial… Read More

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