Tagged: crypto-assets

April 18, 2021 @ 11:00 pm By Omar Faridi  |  

We recently connected with Danial Daychopan, CEO and Founder of UK-based Plutus, a financial services provider that aims to bridge the gap between traditional fiat currencies and “upcoming” cryptocurrencies. Plutus says it offers the “best of both worlds,” which includes centralized fiat and non-custodial crypto,… Read More

April 18, 2021 @ 2:07 pm By Omar Faridi  |  

Cathie Wood’s ARK funds has reportedly acquired additional shares of digital assets firm Coinbase Global Inc (NASDAQ:COIN). ARK reportedly made the purchase on Friday (April 16, 2021). The company also sold some of its Tesla (NASDAQ: TSLA) shares. ARK acquired 187,078 shares of Coinbase, which… Read More

April 17, 2021 @ 3:39 pm By Omar Faridi  |  

  The team at BitPay, a leading cryptocurrency payments platform, notes in their regular monthly update report that it has been another busy month in the world of digital currencies. BitPay writes in a blog post that they continue to welcome new merchants while offering… Read More

April 17, 2021 @ 10:55 am By Omar Faridi  |  

Leading crypto exchange Binance notes in its weekly report that it completed a record-breaking Binance Coin (BNB) token burn. The weekly report (April 10 – 16, 2021) from Binance reveals that the digital assets firm burned “a record $593 million in BNB.” The digital currency… Read More

April 16, 2021 @ 7:09 pm By Omar Faridi  |  

Nitin Gaur, Founder and Director of IBM Digital Asset Labs, recently looked into how businesses may be able to absorb “disruptive” impact and start integrating new business models (NFTs) in existing and “new streams” of business opportunity. Gaur writes in a blog post that non-fungible… Read More

April 15, 2021 @ 9:12 pm By Omar Faridi  |  

Luno, a crypto-asset trading platform in Malaysia that has been cleared by the Securities Commission, has revealed that it’s now managing over RM 1 billion or $240 millon worth of digital assets. This milestone has been reached in less than 2 years since the company… Read More

April 15, 2021 @ 8:00 pm By Omar Faridi  |  

Adam Turman, Developer Support Engineer at Kava Labs Inc, which is focused on “democratizing” financial services and making them more accessible to “anyone, anywhere” across the globe, notes that Kava Labs is pleased to introduce new features and enhancements they’ve been working on recently. Turman… Read More

April 15, 2021 @ 6:43 am By Omar Faridi  |  

BitRefill, a company that helps consumers “live on” crypto with gift cards, phone refills, and Lightning Network (LN), notes that in Switzerland, people can take advantage of free markets, low taxes and a high standard of living. BitRefill notes in a blog post that they’re specifically… Read More

April 14, 2021 @ 10:24 pm By Omar Faridi  |  

The team at BitOoda, a global digital asset financial technology and services platform providing “next-gen” risk management solutions, notes that Bitcoin (BTC) is up by around $8,000 since their last crypto market commentary on April 8, 2021. The BitOoda team adds that “more importantly,” Bitcoin… Read More

April 14, 2021 @ 8:11 pm By Omar Faridi  |  

Reserve, which claims to be a “flexible” pool of stablecoins designed to “reduce risk” via diversification strategies and “decentralized” governance, reports that during the last week of March 2021, Reserve was “the #1 most downloaded finance app” in Venezuela, and it also “surpassed 100,000 total… Read More

April 12, 2021 @ 8:35 pm By Omar Faridi  |  

Melayna (Manning) Ingram, Director, Securities Product at Paxos, notes that regulation can “foster innovation,” and it’s simply a matter of perspective. Ingram writes in a blog post that many tech firms are established with the “general” thesis that “something is broken and new technology can… Read More

April 12, 2021 @ 5:25 pm By Omar Faridi  |  

Beginning on Saturday (April 10, 2021), digital asset exchange Coinbase will be supporting trading with 1inch (1INCH), Enjin Coin (ENJ), NKN (NKN) and Origin Token (OGN) at Coinbase.com and in the Coinbase Android and iOS apps. Coinbase users are now able to purchase, sell, convert,… Read More

April 12, 2021 @ 12:21 pm By Omar Faridi  |  

Digital asset platform CoinList has announced that beginning on April 20, 2021, eligible or qualified CoinList users will have the option to take part in the Clover (CLV) token sale (via CoinList). Clover, which is an alumni of CoinList Seed, aims to serve as a… Read More

April 11, 2021 @ 7:50 pm By Omar Faridi  |  

Cryptocurrency intelligence firm CipherTrace is reportedly using Chainlink to release CipherTrace DeFi Compli: a compliance solution enabling decentralized or non-custodial exchanges (DEXs) and other DeFi apps to adhere to the Office of Foreign Assets Control (OFAC) sanctions requirements. As part of its decentralized finance (DeFi)… Read More

April 10, 2021 @ 11:37 am By Omar Faridi  |  

After six months of double digit returns for Bitcoin (BTC) investors, some traders might be wondering whether this is the beginning of another 2017-type cryptocurrency market rally, the Kraken team writes in a blog post. The digital assets firm pointed out that Ethereum (ETH) and… Read More

April 10, 2021 @ 8:47 am By Omar Faridi  |  

Huobi Group, a leading blockchain firm, recently announced that its “philanthropic” division Huobi Charity Limited (regulated by the Charity Commissioners of Gibraltar – registration no. 324) is committing $1 million in Bitcoin (BTC) and fiat currency to UNICEF. The funds will be used to “help… Read More

April 9, 2021 @ 4:55 pm By Omar Faridi  |  

Mark Yusko, founder, CEO and CIO at Morgan Creek Capital Management, recently argued that soon it could be considered irresponsible to ignore Bitcoin (BTC), the flagship cryptocurrency. In an interview with MarketWatch, Yusko said that he believes we’ll all be looking back 5 years from… Read More

April 9, 2021 @ 11:55 am By Omar Faridi  |  

YIELD App, a decentralized finance (DeFi) wealth management platform, has revealed that they’ve seen “strong” growth during their first quarter of trading, with the total number of users reaching almost 26,000 as assets under management (AUM) surged to around $46 million “between week one and… Read More

April 7, 2021 @ 9:35 pm By Omar Faridi  |  

Crypto exchange Poloniex has announced a new DeFi listing. The Poloniex team writes in a blog post published on April 6, 2021 that they’re pleased to support BTCST in their decentralized finance or DeFi Innovation Zone, beginning today (April 6). BTCST joins more than 80… Read More

April 7, 2021 @ 7:00 pm By Omar Faridi  |  

Digital assets firm Gemini says that their international footprint “reflects crypto’s global reach.” As the company continues to expand its business operations, they are increasingly supporting “a range of clients around the world,” the Gemini team notes in an April 7, 2021 blog post. The… Read More