Tagged: crypto-assets

Top Blockchain or DLT based Smart Contract Risks Shared by Digital Assets Firm Coinbase

The team at digital assets firm Coinbase (COIN:Nasdaq) notes that securing smart contracts from risks still remains a significant challenge. As mentioned in an update shared with Crowdfund Insider, Coinbase noted that unaddressed security vulnerabilities are “readily turning into existential threats to your token’s viability.”… Read More

FinCEN Issues Very First Priorities List for AML/CFT Policy, Includes Use of Crypto for Ransomware Payments, Money Laundering

On June 30, 2021, the Financial Crimes Enforcement Network (FinCEN), a bureau of the US Department of the Treasury that collects and analyzes information about financial transactions in order to combat domestic and international money laundering, terrorist financing, and other financial crimes, issued its first… Read More

After Unprecedented Regulatory Crackdown, Binance Deploys CipherTrace Traveler to Address Money Laundering, Illicit Activity Issues

As part of its commitment to compliance, Binance, the world’s largest crypto exchange that has been under investigation by US regulators and other international authorities due to allegations of engaging in recognized markets without authorization (and also contributing to money laundering and other illicit activities),… Read More

Digital Assets: Ethereum Negative Sentiment leads to $50M Outflows, CoinShares Reports, As Morgan Stanley Bags 28K+ GBTC Shares

James Butterfill, Investment Strategist at London-based CoinShares, a digital asset manager focused on expanding access to the cryptocurrency ecosystem while serving as a “trusted partner” for its clients, notes in a blog post published on Monday (June 28) that for the week ending June 28,… Read More

Bitcoin Mining Ban in China Moving Forward Aggressively as Nearly All Local Miners Appear to be Offline: Report

China’s Bitcoin mining ban has been moving forward in an aggressive manner, which has led to a rapid decline in hashrate or the amount of computing power required to secure the BTC network. The team at BitOoda notes in a blog post, dated June 29,… Read More

FinaMaze, the MENA Region Digital Wealth Manager, Introduces Cryptocurrency and “Inflation Protection” Investment Options

FinaMaze, the MENA region digital wealth management platform, has introduced two new investment themes: Cryptocurrency and “Inflation Protection.” These new investment opportunities aim to complement FinaMaze’s existing suite of products including China “Dragon Tech Leaders” and “Covid-related” smartfolios, along with the firm’s  traditional cross-asset class… Read More

Digital Asset Exchange OKEx Announces that OKExChain Is Now Available to Blockchain Devs for Building dApps

Seychelles registered crypto exchange OKEx, which claims to be the leader in cryptocurrency spot and derivatives trading, is pleased to confirm that OKExChain, an open-source and “truly” decentralized ecosystem “designed explicitly with traders in mind,” is available to blockchain developers “to kickstart exciting decentralized apps.”… Read More

Mysterium Network will Integrate PARSIQ’s Collateral-Free Staking Service, the IQ Protocol

The Mysterium Network will be integrating PARSIQ‘s “collateral-free” staking service, called the IQ Protocol Node operators and MYST token holders will be able to take advantage of the benefits of an “industry-first” staking solution developed by IQ Protocol integration, according to a release shared with… Read More

Crypto.com Teams Up with Global Fintech Circle to Offer USD Deposits and Withdrawals in 30 Countries

Crypto.com revealed on Monday (June 28, 2021) that they are teaming up with global Fintech firm Circle, in order to offer USD deposits and withdrawals to more than 30 different countries. Crypto.com clients may now transfer USD from their bank accounts and get USD Coin… Read More

Overfunding: Fintech Emma Secures £1.8M+ via Crowdcube, Is Developing Crypto, Credit Scores, Stock Trading Services

Emma, a company that’s on a mission to be the control center for your money, has secured  £1,889,342 from 2,588 Investors (at the time of writing) via Crowdcube. Backed by Connect Ventures and other leading VCs, Emma had a £1,000,000 fundraising target. Emma reports a… Read More

Kraken Security Labs Rebuilds Ledger Hardware Wallet Phishing Attack to Show Sophistication of Crypto Scammers

The team at digital assets firm Kraken recently alerted users that modified hardware wallets were “spotted in the wild.” Recently, someone on the Ledger subreddit had reported getting an unsolicited package with a Ledger Nano X accompanied by a letter from “the CEO” at Ledger…. Read More

DeFi Coins AAVE and Yearn.Finance or YFI 8% APY Interest Accounts being Offered by Blockchain.com

The team at Blockchain.com, a leading crypto wallet, block explorer, and trading platform provider, recently revealed that they’re now supporting AAVE and YFI (yearn.finance) Interest Accounts at “a current annual interest rate of 8%.” In September of last year, Blockchain.com had announced support for AAVE… Read More

Binance to Exit Ontario, Canada Markets, Following Crypto Regulatory Crackdown by OSC

Digital asset exchange Binance will reportedly stop offering services in Ontario, Canada after the local government decided to launch a regulatory crackdown on crypto-related businesses. Binance’s management confirmed on Friday (June 25, 2021) that all Ontario-based customers need to close out their active positions by… Read More

Nasdaq listed Diginex Ltd, which Rebranded to EQONEX Group, Reports $5B in Digital Asset Spot and Derivatives Volumes

EQONEX Exchange reveals that it recently surpassed $5 billion in 30-day trading volume. Diginex Limited (Nasdaq: EQOS), which recently rebranded its business to EQONEX Group, a digital assets financial services firm, confirmed on Friday (June 24, 2021) that the total spot and derivative trading volumes… Read More

Digital Asset Partners with Nasdaq to Bring DAML to the Nasdaq Marketplace Services Platform

Digital Asset has teamed up with Nasdaq in order to bring Daml to the Nasdaq Marketplace Services Platform. As mentioned in a release shared with CI, the integration of Daml with the Nasdaq Marketplace Services Platform will aim to create new opportunities for customers interested… Read More

Financial Institutions May Purchase, Sell, Hold Bitcoin via New Fiserv, NYDIG Integration

Financial institutions will now be able to give consumers the option to purchase, sell and hold Bitcoin via their bank accounts – which will be enabled through an integration between Fiserv, Inc. (NASDAQ: FISV), a provider of payments and financial services tech solutions, and NYDIG,… Read More

Bakkt Introduces Visa Debit Card to Maximize Customers’ Ability to Spend Digital Assets like Bitcoin

Bakkt has introduced its own Visa debit card in order to maximize customers’ ability to spend digital assets, the company revealed on Tuesday (June 22, 2021). Bakkt Card lets clients use Bitcoin (BTC) for making online and in-store purchases, which should help with expanding the… Read More

Ontario Securities Commission has Taken Action Against Non-Compliant Global Crypto Trading Platform Bybit

The Ontario Securities Commission (OSC) announced on June 21, 2021 that it has taken action against “non-compliant” international cryptocurrency trading platform, Bybit. The OSC released a Statement of Allegations against Bybit Fintech Limited for “failing to comply with Ontario securities law.” Bybit is incorporated in… Read More

Crypto Risk Management Solution Provider Elliptic Completes Pilot with Santander on Detecting Suspicious Activity

Elliptic, the leader in crypto-asset risk management solutions, revealed on Tuesday (June 22, 2021) that it has completed a pilot with Banco Santander in identifying or detecting suspicious activity linked to digital assets. As mentioned in a release, this pilot is “helping Santander understand the… Read More

Anchorage Digital Adds Custody and Staking Support for Flow (FLOW) Tokens

Diogo Mónica, Co-founder and President of Anchorage, notes that Anchorage Digital is pleased to confirm custody and staking support for Flow (FLOW). Diogo writes in a blog post, dated Tuesday (June 22, 2021), that for as long as Anchorage has existed as a company, it… Read More

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