Tagged: crypto-assets

Danial Daychopan: CEO at Plutus Explains how Financial Services Provider Is Bridging Worlds of Fiat and Crypto

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

Cathie Wood’s ARK Funds have Acquired Additional Shares of Digital Assets Firm Coinbase (COIN), while Selling Tesla Shares

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

BitPay Adds New Clients, as Crypto Firms Raise More Funding in Q1 2021 than All of 2020, Crypto Market Surpasses $2.2 Trillion

  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

Binance May Add Stock Tokens Coinbase (COIN), after Tesla (TSLA), Also Reports Record-Breaking BNB Token Burn

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

Nitin Gaur, Director of IBM Digital Asset Labs, Says NFTs are Natural Progression in “Explosion” of Asset Tokenization

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

Digital Asset Platform Luno in Malaysia Reports RM 1B or $240M in AUM following Bitcoin, Ethereum, Crypto Market Rally

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

Kava Labs, which Aims to Democratize Financial Services, Reveals Kava 5, Hard V2 are Live, Supporting Fully-Functional Lending Platform

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

Consumers in Helvetia, Switzerland Can “Live on Crypto,” Benefit from Free Markets, Low Taxes, BitRefill Explains

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

Bitcoin, Ethereum Active Addresses Up Considerably in Past Week, but DeFi Algorithmic Stablecoin FEI Fails at Recent Launch: Report

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

Reserve, a Pool of Stablecoins with “Reduced Risk” via Diversification and Decentralized Governance, Reports Strong Growth in Venezuela

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

Melayna Ingram from Compliant Blockchain Infrastructure Firm Paxos Explains how Crypto Regulations Can “Foster Innovation”

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

Coinbase Adds 1inch (1INCH), Enjin Coin (ENJ), NKN (NKN), Origin Token (OGN) for Coinbase.com, Pro, and for Android, iOS Apps

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

CoinList Announces that Eligible Platform Users May Participate in Clover (CLV) Token Sale, Starting Apr 20, 2021

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

Crypto Intelligence Firm CipherTrace Is Using Chainlink to Help DeFi Apps Follow OFAC Sanctions Requirements

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

There are “Signs” an Even “More Significant” Bitcoin, Ethereum, Crypto Market Move Is on Horizon: Report

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

Huobi Group’s Charity Division Commits $1 Million in Bitcoin (BTC) and Fiat Currency to UNICEF

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

Mark Yusko from Morgan Creek Capital Mgmt Says it Might Soon Be Considered Irresponsible to “Ignore” Bitcoin

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

DeFi Wealth Management Platform YIELD App Reports Over 25,000 Users, Appr. $46M AUM

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

Digital Asset Exchange Poloniex Lists Bitcoin Standard Hashrate Token or BTST, Platform Supports Over 80 DeFi Coins

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

Blair Halliday, Head of UK Operations at Digital Assets Firm Gemini, Explains how their Business Reflects Crypto’s Global Reach

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

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