Tagged: crypto-assets

Audited by CertiK, ZKSwap Introduces Zero Gas Layer 2, Decentralized Exchange to Enhance User Experience on Blockchain Networks

ZKSwap has introduced a “zero-gas” layer 2 decentralized (or non-custodial) exchange (DEX) to enhance the overall user experience.  Fully audited and reportedly backed by a $1.7 million investment, ZKSwap aims to provide a solution to Ethereum’s (ETH) network congestion. ZKSwap recently announced the Ethereum blockchain… Read More

Morgan Stanley Division, which invests in Amazon, Slack, Zoom, Is Considering Gaining Exposure to Bitcoin (BTC)

A $150 billion Morgan Stanley (NYSE:MS) investing division, which is well-known for its ability to select growth or high-potential stocks, is reportedly looking into whether it should add Bitcoin (BTC) to its investment strategy. Counterpoint Global, a division of Morgan Stanley Investment Management that has… Read More

PayPal Is Planning to Offer a Super App with Fintech Services like Crypto, Payments, Investing, Rewards Accessible via Common Interface

Last year was a very transformative year for many Fintechs including PayPal (NASDAQ: PYPL). There was a dramatic surge in digital commerce activity and a record number of new users began using PayPal’s online services (over 72 million). There was also a considerable increase in… Read More

Nigerian Senate Admits they Can’t Ban or Control Pseudonymous Bitcoin (BTC) Transactions

A Nigerian crypto trader is claiming that they sold off all their coins (crypto-assets) following the government’s directives regarding cryptocurrencies. The trader also noted that they’ve now withdrawn all their proceeds, but they haven’t “seen a dime” in their bank account and it’s been more… Read More

DeFi Architect Andre Cronje Confirms Yearn.Finance has Partnered with Badger to Accelerate “Best-in-Class” BTC Vaults for Blockchain Industry

DeFi architect Andre Cronje notes that Yearn.Finance has “blazed the path for community run and developer first open collectives that acted as Badgers blueprint.” Badger is a Bitcoin-on-Ethereum yield vault initiative. As explained on its website, users are able to deposit tokenized Bitcoin in Sett… Read More

United Nations Experts Claim that North Korea Might be Responsible for $281 Million Crypto Hacking Incident, KuCoin May have been Victim

A new United Nations inquiry into the reported theft of $281 million in crypto-assets from  KuCoin, a major digital currency exchange, in September 2020 “strongly suggests” links to North Korea. Industry participants claim that Seychelles-headquartered KuCoin could be the victim of one of the largest… Read More

Digital Asset Savings Platform ICONFi Introduces Mobile App for Bitcoin, Ethereum, USDT, ICX Trading

Crypto-asset savings platform ICONFi has introduced its mobile app on Android and iOS. As confirmed in a release shared with CI, available globally, ICONFi aims to offer simple, flexible, and fixed earning products that allow investors to grow and diversify their digital asset holdings. The… Read More

Bitcoin Mining Industry Updates: Better Reporting Metrics like Hashrate Under Management Needed, Jihan Wu Finally Leaves Bitmain

Crypto billionaire Jihan Wu recently announced his departure from Bitmain, one of the world’s leading Bitcoin mining firms. Bitmain co-founder Micree Zhan has also managed to regain control of the leading Bitcoin mining conglomerate after fellow co-founder Wu tweeted a “coded” message explaining the “end… Read More

Digital Banking Platform Revolut Rolls Out New Candlesticks for Crypto and Commodities Price Movements, Introduces Group Vault Controls

Elizabeth McGrath from digital bank Revolut notes that the company is rolling out new features such as candlestick charts and Group Vault controls. McGrath confirms that clients will now be able to track crypto and commodities price movements “by the hour” with Revolut’s new candlestick… Read More

$1 Million in Interest Payments were Reportedly Paid by Digital Assets Firm BlockFi to Jason Williams on his Crypto Deposits

BlockFi, a financial services firm offering wealth management products that crypto investors require via a platform powered by blockchain technology, had recently launched an over-the-counter or OTC desk for institutional or ultra-high-net-worth-individuals (those who have at least $30 million in assets). Jason Williams, a long-time… Read More

Chintai, a Digital Asset Tech Provider for Capital Markets, Claims EOSIO Software works Best for Implementing Compliant DLT Solutions

Chintai, which offers digital asset technology for capital markets, recently explained why it’s important to know about “geo-fencing” when engaging with regulated crypto-assets and related products and services. Chintai claims that EOSIO software, which powers major blockchains such as EOS,  and ProFi (or programmable finance,… Read More

Jeffrey Amico, Counsel at Andreessen Horowitz, Comments on VC Firm’s Views Regarding Crypto Protocols and Decentralized Governance

Jeffrey Amico, Counsel at VC firm Andreessen Horowitz, notes that cryptocurrency protocols are supposed to be governed by these so-called “decentralized” communities of stakeholders. Amico explains that it’s not necessarily the case that decentralized communities are more efficient, or “important” for various ideological reasons, but… Read More

Digital Assets and DLT Space Is Growing Rapidly, but More Nascent Sectors like DeFi Pose Significant Risks: Report

The team at digital asset exchange Kraken notes that the rise of decentralized finance (DeFi) has brought a wave of innovation to the broader cryptocurrency and blockchain space, and it has also provided the opportunity for investors to generate substantial returns on their investments or… Read More

Garrick Hileman from Blockchain.com Explains how Robinhood Failure was Near “Perfect Advertisement” for DeFi

  Garrick Hileman, Head of Research at Blockchain.com and visiting fellow at the London School of Economics, says that the future “doesn’t look like Robinhood.” Hileman writes in a blog post that “disgust over GameStop’s trading shutdown” will most likely accelerate the adoption of decentralized… Read More

Justin Mart, Ryan Yi from Coinbase take a Closer Look at Ethereum, DeFi Growth, Also Review OCC, FinCEN Developments

Digital asset exchange Coinbase recently published its Around the Block #11: “A snapshot of decentralized finance (DeFi) and two sides of the crypto regulatory spectrum” (report), which aims to cover important issues in the crypto and blockchain industry. In this latest edition, released on February… Read More

Ajit Tripathi from Aave, a Leading DeFi Platform, Comments on Differences Between Technical and Economic Decentralization

Lex Sokolin, CMO at blockchain firm ConsenSys and Co-Head of Fintech and DeFi at ConsenSys Codefi, recently engaged in a conversation with Ajit ‘Half Boomer’ Tripathi, the Head of Institutional Business at Aave (AAVE), a leading decentralized finance (DeFi) platform. 2/ We covered a lot of… Read More

Chainlink Joins United Nations Educational, Scientific, Cultural Organization or UNESCO Global Education Coalition

Decentralized Oracle network developer Chainlink (LINK) has joined the UNESCO Global Education Coalition in order to advance or promote smart contract education internationally. Chainlink confirmed on January 29, 2021 that it has now joined the United Nations Educational, Scientific, and Cultural Organization (UNESCO) Global Education… Read More

All-time Record 22M+ Unique BTC Addresses Active on Bitcoin Network in Jan 2021, while Ethereum on Exchanges Hits Historic Low: Report

  Ethereum (ETH) held on digital asset exchanges recently hit a historic low. $ETH held on exchanges just hit an historic low. Over the past 30 days, 3.75M ETH worth $4.97 billion left exchanges, possibly for staking, DEXs or cold storage. pic.twitter.com/orkIrcgzRG — Bloqport (@Bloqport)… Read More

Grayscale Investments Files for EOS, Cardano, Chainlink Trusts, May See New Competition from BlockFi

Grayscale Investments, a subsidiary of Barry Silbert’s VC company, the Digital Currency Group, has added six new trusts, which includes those associated or linked to Polkadot (DOT) and Aave (AAVE) digital tokens. The other new trusts added by Grayscale include Monero (XMR), Cardano (ADA), Cosmos… Read More

Crypto Veteran Comments on Recent DogeCoin (DOGE) Pump, while Elon Musk Predicts Bitcoin will Gain Acceptance by Mainstream Finance

Cryptocurrency markets can be “insanely volatile” in both directions, however, the recent market activity felt like “something else” with everyone’s favorite memecoin, DogeCoin (DOGE) surging nearly 10x in just 24 hours (breaking into the top 10 cryptos), Anthony Sassano from EthHub confirmed. He also noted… Read More

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