Tagged: crypto-assets

Liquid Exchange Hacker Continues to Swap Stolen ERC-20 Tokens for Ethereum (ETH) and wETH via DEXes to Prevent Funds From Being Frozen

On August 18, 2021, hackers managed to steal more than $90 million in over 69 different cryptocurrencies and digital tokens from Japan-based exchange Liquid Global. Liquid’s teams had “yet to release a postmortem detailing the attack vector used by the hacker,” the CipherTrace team noted… Read More

Astra Protocol, which Offers Legaltech for Crypto, Reports Significant Increase in DeFi Hacks, Fraudulent Activities

The team at Astra Protocol, which aims to equip the decentralized finance (DeFi) space with a complete legal layer and unlock the future growth of the industry, notes that operating within DeFi comes with “unpredictability” as well as key opportunities. Some of the main benefits… Read More

Crypto Market Report: Funding Rates Point to Improving Investor Sentiment

The team at Blockstream, a Bitcoin-focused firm, has released its Markets Weekly Report, dated  August 20, 2021. As noted in the report from Blockstream, Bitcoin is currently on pace “to finish on the top end of this week’s range for the fifth weekly win in… Read More

Digital Asset Exchange OKEx Introduces $10M Metaverse Program

The team at OKEx, one of the world’s largest digital asset exchanges in terms of adjusted trading volume and scope of operations, has introduced its $10 million Metaverse program. As noted in an update shared with CI, the rapid development of Metaverse initiatives is leading… Read More

Bitcoin ETN Futures Launched by Eurex, a European Derivatives Exchange

Eurex, an established European derivatives exchange, has announced the launch of Bitcoin ETN futures. We’re excited to announce the launch of #Bitcoin ETN #futures. As the extension of the ETN traded so successfully on @Xetra, the new contract offers clients access to the price of… Read More

Self-Directed IRA Platform Alto Now Working with Bitwise, Grayscale, SkyBridge Capital, Appoints Amin Dabit as COO

Alto recently named Amin Dabit as their Chief Operating Officer Dabit has joined the next-gen alternative investment IRA custodian amid “significant growth” according to an update and detailed discussion with Crowdfund Insider on Thursday (August 19, 2021). Alto Solutions, Inc. (Alto), the next-gen self-directed IRA… Read More

Digital Assets: Union Bank of Philippines Partners with Hex Trust to Offer Crypto-Asset Custody Services

The Union Bank of the Philippines (UnionBank) has teamed up with crypto-asset custodian Hex Trust in order to test out its digital asset custody services – which are compliant with the guidelines provided by the Bangko Sentral ng Pilipinas (BSP), the nation’s reserve bank. Through… Read More

Digital Asset Trading Network Apifiny Announces Early Access Program for HEX, a Hybrid Crypto-Asset Exchange

Apifiny, a global digital asset trading network, has unveiled its VIP Early Access Program for Apifiny HEX, a “new class of hybrid digital asset exchange” that’s designed to combine the “best advantages” of centralized and decentralized trading into one, more powerful global trading platform. Eligible… Read More

Bob Reid: CEO at Everest Explains How They Offer DeFi Services, Cross-Border Payments, ID Verification, Seamless Account Creation

Bob Reid, CEO at Everest, a company focused on providing identity verification, account creation, and DeFi-related financial services, has shared key updates with Crowdfund Insider. Bob Reid talked about how his company successfully partners with established tech industry participants in order to provide seamless decentralized… Read More

Digital Asset Staking Service Provider Figment Secures $50M from Senator Investment Group, Others

The team at Figment is pleased to confirm that during Q2, they secured $50 million from institutional as well as strategic partners in the “largest funding round to date for any staking provider.” As mentioned in the update from Figment: “Led by Senator Investment Group… Read More

Digital Investment Platform Bitpanda Finalizes $263M Series C at $4.1B Valuation

The beginning of 2021 marked a key milestone moment for Bitpanda, as the digital investment platform achieved Unicorn status. Bitpanda notably became the very first Austrian firm to exceed the billion-dollar valuation mark. It took them around 7 years to go from 0 to a… Read More

Ondo Finance Secures $4 Million to Bring Programmable DeFi to Investors with Different Risk Preferences

Ondo Finance reveals that it has secured $4 million in capital in order to bring “programmable” DeFi returns to investors with “a wide array” of risk preferences. The equity round has reportedly been led by Pantera Capital along with contributions from Genesis, Digital Currency Group,… Read More

Crypto Regulatory Compliance Firm Uppsala Security Introduces Digital Asset Tracking Service

Uppsala Security, a provider of security tools and services for crypto AML/CTF, transaction risk management, regulatory compliance, and cybersecurity, revealed that it has rolled out its Digital Asset Tracking Service, a solution developed for ransomware victims as well as crypto crime “caused by theft, hacking,… Read More

Bitcoin (BTC) Network Difficulty Reset Took Target Hashrate to 111 EH/s, Up 7% Over Prior Epoch: Report

The researchers at BitOoda have noted in a recent update that this past Friday’s Bitcoin (BTC) network difficulty reset “took the target Hashrate (or amount of computing power securing the network) to 111 EH/s, up ~7% over the prior epoch.” BitOoda, a global digital asset… Read More

Crypto Survey Reveals that 67% of Singapore Investors who Own Personal Investment Products Now Hold Digital Assets

The team at digital asset firm Gemini has released their Singapore market report, which reveals that the COVID-19 crisis led to two-thirds of investors in the Southeast Asian country to increase their cryptocurrency holdings. As noted by Gemini: “Today (August 14, 2021), we are excited… Read More

Anchorage Digital Adds Custody Support for dYdX, a Decentralized Margin Trading Platform

Diogo Mónica, Co-founder and President at Anchorage, notes that institutions are now able to hold governance token, dYdX (DYDX) starting from August 12, 2021. Diogo confirmed that the governance token will be supported by Anchorage custody. As explained in a blog post by Anchorage, dYdX is… Read More

ApeSwap, a Binance Smart Chain based DEX, Teams Up with Lympo, a Platform Developing a Sports NFT Ecosystem

ApeSwap.finance, a decentralized exchange built on the Binance Smart Chain (BSC), is joining forces with Lympo, a platform built on Ethereum that’s developing a sports NFT ecosystem “centered around high-end NFTs created in official collaboration with world-famous athletes and clubs around the world.” As mentioned… Read More

Sheila Warren and Sumedha Deshmukh from WEF Explain Why Effective Crypto Regulations Take Time and Caution

Sheila Warren, Deputy Head of the C4IR; Member of the Executive Committee, World Economic Forum,  and Sumedha Deshmukh Platform Curator, Blockchain and Digital Currency, World Economic Forum, recently published their views on why effective cryptocurrency regulations will take time to develop. As noted (on August… Read More

Crypto Launderers Now Have Blockchain Analytics Tool to Check If their Funds have Been Linked to Criminal Activity: Report

A blockchain analytics tool has reportedly been introduced on the dark web, enabling Bitcoin or BTC addresses to be checked for “links to criminal activity.” Known as Antinalysis, it allows cryptocurrency launderers to test or determine whether their funds will be “identified as proceeds of… Read More

BitMEX CEO Says Crypto Is Changing and They’re Changing with It, After $100M Penalty Pertaining to Alleged Illegal Trading, AML Violations

Crypto is “changing,” and BitMEX is “changing with it” according to Alexander Höptner, the CEO at the Bitcoin Mercantile Exchange. In a blog post dated August 10, 2021, the team at BitMEX revealed that they’ve reached a “resolution” with the US Commodity Futures Trading Commission… Read More

Send this to a friend