Tagged: crypto-assets

March 23, 2021 @ 8:50 am By Omar Faridi  |  

Only a month after announcing that it was working on an integrated service for crypto-assets, BNY Mellon (NYSE:BK) has decided to make a strategic investment into crypto startup Fireblocks. The New York-headquartered financial powerhouse, which is notably among the biggest banking institutions and also one… Read More

March 22, 2021 @ 11:37 pm By Omar Faridi  |  

The team at Casa, a Bitcoin-focused company, notes that one of the “most important” things about using Casa is that “you, and you alone” possess the private keys needed to access your crypto-assets. Casa confirms that it’s here to “do everything possible” to assist you… Read More

March 22, 2021 @ 11:17 pm By Omar Faridi  |  

Digital asset exchange OKEx recently explained how Filecoin (FIL) aims to disrupt the file storage sector in the “age of decentralization.” OKEx confirms that Filecoin made its highly-anticipated launch last year. As noted by the crypto exchange, the aim of FIL tokens is “to be… Read More

March 22, 2021 @ 10:55 pm By Omar Faridi  |  

The researchers at Bloqport have confirmed that only a month after launch, the first-ever Bitcoin ETF has reached $1 billion CAD in assets under management or AUM (as of March 20, 2021). Just one month after launch, the first ever #Bitcoin ETF has hit $1… Read More

March 21, 2021 @ 9:15 pm By Omar Faridi  |  

Global Fintech firm Circle has revealed that the market capitalization for its stablecoin USDC has now exceeded $10 billion. More than 2 years after introducing the compliant and regulated “digital dollar” stablecoin, growth “continues to accelerate as shifting macroeconomic trends and exploding innovation in digital… Read More

March 20, 2021 @ 12:52 pm By Omar Faridi  |  

Digital asset exchange Binance, which is being investigated by CFTC for a possible violation of US rules, recently explained why people should consider using cryptocurrencies when making cross-border payments. Binance notes in a blog post that traditional borderless transactions can be “cumbersome” with each transfer… Read More

March 20, 2021 @ 11:04 am By Omar Faridi  |  

Digital asset exchange Gemini recently revealed that it now has over $20 billion in crypto-assets under custody. The US-based firm confirmed in a blog post: “Tracking with the impressive growth of the crypto market this year and increased participation from institutional investors, we have doubled… Read More

March 20, 2021 @ 10:22 am By Omar Faridi  |  

Peter Van Valkenburgh, the Director of Research at Coin Center, a leading non-profit entity focused on the latest policy issues facing digital currencies, notes that his organization will be using the additional time provided by FinCEN to submit another comment in “ongoing surveillance rulemaking.” Coin… Read More

March 20, 2021 @ 9:43 am By Omar Faridi  |  

Digital asset platform CoinList recently announced its first liquid token sale and distribution ($RLY). The CoinList team confirmed that beginning on April 1, 2021, qualified or eligible CoinList users may take part in the $RLY sale and distribution (via the CoinList platform). CoinList explains that… Read More

March 19, 2021 @ 2:49 pm By Omar Faridi  |  

Meltem Demirors, Chief Strategy Officer at European digital asset manager CoinShares, recently revealed that she’s excited to share that CoinShares Ventures has made a strategic  investment in MintGreen, a CleanTech firm that uses Bitcoin or BTC mining to monetize heat generation. Demirors explains that MintGreen… Read More

March 18, 2021 @ 10:55 pm By Omar Faridi  |  

Miami-headquartered JAG Insurance has reportedly issued its very first policy using cryptocurrency. JAG Insurance Group, which is well-known for being a digital tech pioneer and challenging the standards of the insurance industry, has decided to take its first steps into the crypto-asset space by issuing… Read More

March 18, 2021 @ 4:06 pm By Omar Faridi  |  

Digital asset exchange Kraken recently committed funding to support the Ethereum 2.0 transition process with the New Gitcoin Giving initiative. Kraken says it will match “up to $50,000” in donations to open-source Ethereum infrastructure initiatives as part of Gitcoin’s donation drive (which began on March… Read More

March 17, 2021 @ 10:49 pm By Omar Faridi  |  

It can be difficult to imagine a harsher criticism of Bitcoin than recent statements made about the leading crypto on March 12 by Jeffrey Sachs, according to an article in Fortune. He basically said that the leading crypto was providing no value and was consuming… Read More

March 16, 2021 @ 10:53 pm By Omar Faridi  |  

JPMorgan Chase Financial Company LLC recently shared the terms of the notes offered by the preliminary or initial pricing supplement. The notes, which have will have JPMorgan Chase & Co. serve as the guarantor, will have a $1,000 minimum denomination, the bank confirmed. As noted… Read More

March 16, 2021 @ 4:38 pm By Omar Faridi  |  

Nate Maddrey and the Coin Metrics Team note that on March 12, 2020, amid the growing panic over the rapid spread of the Coronavirus, the Bitcoin (BTC) price had crashed from around $8,000 to below $4,000 during just a 24-hour timeframe. Predictably, the rest of… Read More

March 14, 2021 @ 6:56 pm By Omar Faridi  |  

Earlier this year, the team at Elliptic, which works to assist with categorizing financial crime typologies while protecting legitimate crypto-asset users from illicit activities, had explained how proper and effective compliance can prevent (potential) money laundering activities using Bitcoin (BTC) or other digital currencies. Elliptic… Read More

March 14, 2021 @ 10:18 am By Omar Faridi  |  

A digital artwork piece by Beeple recently set auction records (on Thursday / March 11, 2021)  when it sold at Christie’s for $69 million. Twitter CEO Jack Dorsey is auctioning the NFT or non-fungible token for the first tweet ever, “just setting up my twttr,”… Read More

March 13, 2021 @ 4:29 pm By Omar Faridi  |  

Ali Ahsan writes in a blog post published by global Fintech firm Circle that the Internet started off in 1969 as a government initiative known as ARPANET. As explained by Ahsan, ARPANET was established to allow researchers to share important information with each other. He… Read More

March 12, 2021 @ 10:31 pm By Omar Faridi  |  

The Capital confirms that India has been going through a major regulatory process related to the nascent cryptocurrency markets. The Capital notes that the advancements in other areas of crypto such as the innovation in decentralized finance (DeFi) in the 21st century might have taken… Read More

March 12, 2021 @ 5:54 pm By Omar Faridi  |  

Despite a few weeks’ break from their regulatory assessments, the BitOoda team says it has been regularly monitoring the crypto industry and engaging in the ongoing advancement of the US regulatory landscape. BitOoda notes that the recent developments they’ve followed are: New York Attorney General… Read More