Blockchain & Digital Assets

April 20, 2020 @ 2:39 pm By Samantha Hurst  |  

Cryptocurrency platform Coinbase has reportedly appointment former Head of Digital at Barclays, Brett Tejpaul as its new Head of Institutional Coverage. According to Coinbase, Tejpaul spent 17 years in global leadership roles in both the UK and U.S., including Global Head of Sales (across all… Read More

April 20, 2020 @ 12:40 pm By Omar Faridi  |  

  Venture Smart Asia, a company licensed by Hong Kong’s Securities and Futures Commission (SFC), has introduced the territory’s first approved crypto asset fund with a target of $100 million under management during the first year of its launch. As reported by Bloomberg on April… Read More

April 20, 2020 @ 11:45 am By JD Alois  |  

An MIT professor believes that a new digital identity certifying an individual’s health status could be key to re-opening the economy that has been crushed by the COVID-19 pandemic. MIT Professor Alex “Sandy” Pentland says digital tools can certify a person’s health to create safe… Read More

April 20, 2020 @ 9:24 am By Samantha Hurst  |  

HDR Global Trading Limited, operator of the BitMEX cryptocurrency trading platform, announced on Monday the launch of its COVID-19 Response Fund. The company reported that it has granted US$2.5 million towards the global effort to respond to the pandemic. The HDR Global Trading COVID-19 Response… Read More

April 20, 2020 @ 7:58 am By Omar Faridi  |  

Singapore’s tax authority, the Inland Revenue Authority of Singapore (IRAS), confirmed that it will not be collecting taxes on airdropped cryptocurrency, provided that the recipients get them  for free. As noted in an income tax treatment guide, released on April 17, 2020, the IRAS clarified… Read More

April 19, 2020 @ 10:22 pm By Omar Faridi  |  

Voice, a blockchain-based social media network being developed by Block.one, a leading distributed ledger technology (DLT) software developer, is planning to hire several technical professionals. Voice, which was announced in mid-2019 by Brendan Blumer, the CEO at Block.one, a Cayman Islands-registered firm that also developed… Read More

April 19, 2020 @ 10:15 pm By Omar Faridi  |  

Digital asset custody provider BitGo has reportedly laid off 12% of its employees. Several professionals working in BitGo’s marketing and sales departments have been laid off, according to sources familiar with the matter. The layoffs are the latest to hit the blockchain and crypto industry,… Read More

April 19, 2020 @ 10:15 pm By Omar Faridi  |  

South Korea’s government has argued that the blockchain or distributed ledger technology (DLT) sector represents a “golden opportunity” for the $1.6 trillion economy. The nation’s authorities are calling on private sector firms to take advantage of the potential of DLT-based platforms. As reported by local… Read More

April 19, 2020 @ 10:06 pm By Samantha Hurst  |  

Cryptocurrency platform Coinbase announced on Friday its Coinbase Custody is launching support for Compound Governance, the related COMP token, and cTokens (cETH, cZRX, cUSDC, cBAT, cDAI). Coinbase reported that Coinbase Custody is currently the only custody provider and the only in-app voting experience for Compound…. Read More

April 19, 2020 @ 9:57 pm By Omar Faridi  |  

The developers of Baseline, an enterprise-grade smart contract and tokenization platform created by Microsoft, Ernst & Young (EY), and Ethereum development studio ConsenSys, aim to solve a number of flaws reportedly found in Apple and Google’s proposal for Coronavirus (COVID-19) tracking projects. Google and Apple… Read More

April 19, 2020 @ 9:46 pm By Omar Faridi  |  

A somewhat secretive but promising hedge fund has reportedly been approved to make investments in the Bitcoin (BTC) futures markets. As noted in a document dated March 30, 2020, the US Securities and Exchange Commission (SEC) has now permitted Renaissance Technologies’ Medallion Funds to offer… Read More

April 19, 2020 @ 10:20 am By Xu Gao  |  

China Encourages Innovation of Exhibition Industry On April 13th, the General Office of the Ministry of Commerce issued a circular on work related to innovating exhibition service models and cultivating new momentum for the development of the exhibition industry. The circular proposes to support cross-city… Read More

April 18, 2020 @ 6:51 pm By Omar Faridi  |  

Cryptocurrency firm Purse.io, which allowed users to purchase items via Amazon at reduced or special rates using Bitcoin (BTC) and Bitcoin Cash (BCH), is reportedly planning to close down its operations. The San Francisco-based company confirmed on April 16, 2020 that it will shut down… Read More

April 18, 2020 @ 4:16 pm By Omar Faridi  |  

Leading digital currency exchange Binance is planning to launch an Ethereum (ETH) network compatible blockchain. The new distributed ledger technology (DLT) platform will use the exchange’s native BNB native token as a base currency. Referred to as “Binance Smart Chain” (BSC), the new DLT-enabled network… Read More

April 17, 2020 @ 6:49 pm By Samantha Hurst  |  

U.S.-based blockchain platform AVA announced on Friday it has launched its first of two planned public testnet releases. According to AVA, the first release allows participants to connect to a  global network of validators and participate in high-velocity transactions. Founded in 2018, AVA describes itself… Read More

April 17, 2020 @ 6:43 pm By Omar Faridi  |  

The developers of Compound, a leading Ethereum-based decentralized finance (DeFi) solution, will be decentralizing the governance process of the lending protocol. This will be achieved by launching a token-based governance model. The Compound team had announced plans to use a governance token back in February… Read More

April 17, 2020 @ 5:42 pm By JD Alois  |  

Vertalo, a digital asset platform facilitating security tokens, has partnered with Advantage Blockchain in a collaboration to tokenize real estate offerings. Advantage Blockchain seeks to provide services to real estate professionals, publicly-traded and private companies, and individuals who want to use blockchain technology According to… Read More

April 17, 2020 @ 5:20 pm By Omar Faridi  |  

Ant Financial, the Fintech division of Chinese multinational e-commerce giant Alibaba Group (NYSE:BABA) and the parent firm of Alipay, has introduced its consortium blockchain platform. Referred to as “OpenChain,” the platform will assist small and medium-sized enterprises (SMEs) with developing blockchain or distributed ledger technology… Read More

April 17, 2020 @ 10:15 am By Omar Faridi  |  

Grayscale Investments, a subsidiary of the Digital Currency Group (DCG) and the largest institutional holder of Bitcoin (BTC), reportedly raised over half a billion dollars in cryptocurrency investments during the first quarter of this year. According to a release, Grayscale raised a total of $503.7… Read More

April 17, 2020 @ 10:02 am By Samantha Hurst  |  

Cryptocurrency platform Coinbase announced on Thursday it has launched a reward section in its mobile app. This news comes just days after Coinbase it has made several improvements to how customers may send and receive cryptocurrency through its platform and mobile app. According to Coinbase,… Read More