Tagged: crypto-assets

June 25, 2020 @ 11:10 pm By Omar Faridi  |  

Jeremy Allaire, founder of Circle Internet Financial, a peer to peer payments technology firm, has said that in the future, when we look back at how transactions were conducted, we “won’t believe that we ever needed to pay to send money.” San Francisco-based crypto exchange… Read More

June 25, 2020 @ 11:05 pm By Omar Faridi  |  

NGRAVE, a digital asset security company that claims it has developed the world’s most secure cryptocurrency hardware wallet, has revealed that they’ve crossed a thousand backers (investors) and have so far secured nearly $360,000 in investments – and counting via Indiegogo (IGG). As mentioned in… Read More

June 24, 2020 @ 9:12 pm By Omar Faridi  |  

Big Four auditing firm KPMG has introduced KPMG Chain Fusion, a patent pending suite of advanced analytics software that has been developed using digital asset data and technology products. As mentioned in a release, the Chain Fusion software will allow financial services providers and Fintech… Read More

June 23, 2020 @ 10:35 pm By Omar Faridi  |  

Ampleforth, a crypto-asset protocol for “oraclized” money, revealed on June 23, 2020, that it will introduce a new Liquidity Incentive Program, Geyser, which will target Uniswap 2.0, a widely-used non-custodial Ethereum token exchange. As mentioned in a press release shared with Crowdfund Insider: “After providing… Read More

June 22, 2020 @ 7:16 am By Omar Faridi  |  

Tether Ltd, the company behind the world’s largest stablecoin USDT, has reportedly made a $10 million equity investment into the operations of the Celsius Network, a leading digital asset lending platform, which now has a $120 million pre-money valuation and $150 million post-money valuation. Celsius… Read More

June 21, 2020 @ 2:27 pm By Omar Faridi  |  

The team at Matrixport, a company that aims to serve as a gateway to the digital economy where users can trade, custody, invest, and borrow crypto-assets through a single, unified platform, recently compared the advantages and disadvantages of using centralized and decentralized finance (DeFi) solutions…. Read More

June 21, 2020 @ 12:23 pm By Omar Faridi  |  

  Blockchain analysis is quite useful when conducting investigations into cryptocurrency-related transactions. It has also become essential when determining whether digital asset service providers are complying with application regulatory and compliance guidelines. Blockchain security and analysis firm Chainalysis says that it uses special software tools… Read More

June 19, 2020 @ 2:30 pm By Omar Faridi  |  

Central bank digital currencies (CBDCs) are a virtual form of money issued by a country’s reserve bank. A CBDC can easily be implemented using a traditional database management system operated by central bank in collaboration with approved private sector entities. Blockchain technology is not needed… Read More

June 18, 2020 @ 11:25 pm By Omar Faridi  |  

Binance, the world’s largest cryptocurrency exchange that has successfully branched out into digital assets lending, staking, and many other initiatives, has joined the crypto-asset exchange committee at the Internet and Mobile Association of India (IAMAI), which is the leading trade body of digital businesses based… Read More

June 18, 2020 @ 10:22 pm By Omar Faridi  |  

CoinShares, a crypto-asset management company that provides financial products and services for professional investors, Ledger, a digital assets firm, and Nomura have introduced Komainu, a digital asset custody business for institutional clients, under the leadership of Jean-Marie Mognetti, the company’s chief executive (and all three… Read More

June 18, 2020 @ 9:19 pm By Omar Faridi  |  

Jason “Parabolic” Williams, general partner at Morgan Creek Digital and founder of FastMed Urgent Care, recently revealed that he has made over $200,000 in interest alone after depositing $2.5 million in Gemini USD (a “scalable” stablecoin that has 1:1 “transferability” with the US dollar) on… Read More

June 17, 2020 @ 10:25 pm By Omar Faridi  |  

Jake Chervinsky, General Counsel at Compound, an open-source, autonomous interest rate protocol, confirmed that Compound Labs achieved an important milestone “in our pursuit of progressive decentralization.” Chervinsky, a former Adjunct Professor at the Georgetown University Law Center and also former Associate at Kobre & Kim,… Read More

June 17, 2020 @ 12:14 am By Omar Faridi  |  

Despite recent volatility in the Bitcoin (BTC) and larger cryptocurrency markets, decentralized or non-custodial digital asset exchanges continue to “maintain their long-term trend lines” according to the team at Bamboo Relay, another project that has integrated Chainlink Oracles for stop-loss order functionalities. A stop-loss order… Read More

June 16, 2020 @ 9:58 pm By Omar Faridi  |  

Michael Haley, the product manager and client services specialist at Casa, a company focused on developing security and custody solutions for Bitcoin (BTC), confirms that the company received an investment from Mantis VC, the VC division of The Chainsmokers. The funds will be used to… Read More

June 16, 2020 @ 9:14 pm By Omar Faridi  |  

The Dash Investment Foundation (DIF), an organization that makes Dash (digital currency) denominated business loans and equity investments within the blockchain and crypto-asset sector, has purchased gold for the first time. The organization said it will be introducing its Dash-to-gold rebalancing strategy, which involves diversifying… Read More

June 16, 2020 @ 10:25 am By Omar Faridi  |  

CoinDCX, one of the largest digital asset exchanges in India, has introduced an online platform and subsidiary, called DCX Learn, which aims to serve as a comprehensive resource for people who want to learn more about cryptocurrency and blockchain tech. As mentioned in a release… Read More

June 15, 2020 @ 11:45 pm By Omar Faridi  |  

The number of Bitcoin addresses holding at least 0.1 BTC has again hit a new all-time high. Glassnode data reveals that there are now 3,054,282 Bitcoin addresses holding 0.1 BTC, valued at around $950 at current rates. As previously reported, the last all-time high was… Read More

June 14, 2020 @ 10:25 pm By Omar Faridi  |  

Henri Arslanian, the Global Crypto Leader at PricewaterhouseCoopers (PwC), notes that many analysts have been attempting to predict the Bitcoin (BTC) price. This, after we’ve seen record leves of quantitative easing from reserve banks across the world, increased retail adoption of digital currencies and platforms,… Read More

June 14, 2020 @ 6:48 pm By Omar Faridi  |  

Sidharth Sogani, a Certified Bitcoin Professional and CEO at CREBACO Global Inc, a credit rating firm for exchanges, blockchains and coin offerings, has argued that it’s clear the Indian government hasn’t figured out how Bitcoin (BTC) works. There’s a new proposal that aims to ban… Read More

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