Tagged: crypto-assets

April 15, 2021 @ 6:43 am By Omar Faridi  |  

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

April 14, 2021 @ 10:24 pm By Omar Faridi  |  

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

April 14, 2021 @ 8:11 pm By Omar Faridi  |  

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

April 12, 2021 @ 8:35 pm By Omar Faridi  |  

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

April 12, 2021 @ 5:25 pm By Omar Faridi  |  

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

April 12, 2021 @ 12:21 pm By Omar Faridi  |  

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

April 11, 2021 @ 7:50 pm By Omar Faridi  |  

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

April 10, 2021 @ 11:37 am By Omar Faridi  |  

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

April 10, 2021 @ 8:47 am By Omar Faridi  |  

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

April 9, 2021 @ 4:55 pm By Omar Faridi  |  

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

April 9, 2021 @ 11:55 am By Omar Faridi  |  

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

April 7, 2021 @ 9:35 pm By Omar Faridi  |  

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

April 7, 2021 @ 7:00 pm By Omar Faridi  |  

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

April 7, 2021 @ 3:35 pm By Omar Faridi  |  

Gurvais Grigg recently revealed why he joined blockchain analysis firm Chainalysis as its Global Public Sector CTO after working for over two decades at the Federal Bureau of Investigation (FBI), most recently as Assistant Director of the FBI Laboratory. In his new role, Grigg will… Read More

April 7, 2021 @ 12:39 am By Omar Faridi  |  

Hong Kong-headquartered crypto-asset custody service provider Hex Trust reveals that it has secured $6 million in capital via a Series A round that was led by QBN Capital. As part of its latest investment round, Hex Trust also received contributions from Cell Rising, Radiant Tech… Read More

April 6, 2021 @ 9:17 pm By Omar Faridi  |  

A federal court in the District of Massachusetts recently entered an order that authorizes the US Internal Revenue Service (IRS) to serve a John Doe summons on Circle Internet Financial Inc., “or its predecessors, subsidiaries, divisions, and affiliates, including Poloniex LLC.” According to a release,… Read More

April 6, 2021 @ 8:19 pm By Omar Faridi  |  

TRON Foundation, which supports the ongoing development of Tron (TRX), has published a blog post in which they questionably claim that the TRX digital currency has “officially leaped” into the “deflation era,” by becoming the first deflationary virtual currency in the world. As noted by… Read More

April 5, 2021 @ 11:53 pm By Omar Faridi  |  

Uppsala Security, a provider of tools for Crypto AML, Risk Management, Regulatory Compliance, and Cybersecurity, has revealed they’ve entered into a contract to create a ‘Virtual Asset AML’ solution for the Coin&Coin exchange that “complies with the amendment of the Special Money Act in South… Read More

April 5, 2021 @ 6:15 pm By Omar Faridi  |  

The team at Bancor (BNT), which serves as a protocol and standard for decentralized exchange networks for the automated conversion of crypto tokens into other tokens, including across blockchains (without requiring an order book or counterparty to facilitate the exchange), reports that the Bancor Vortex… Read More

April 4, 2021 @ 9:36 pm By Omar Faridi  |  

Elaine Sun, Compliance Director of digital assets firm Huobi Technology, recently noted that the traditional financial infrastructure and the idea or concept of money are “changing before our eyes.” Sun adds that the concept of “store of value” has mostly been associated or tied to… Read More