Tagged: crypto-assets

Decentralized Digital Asset Exchange Aggregator 1inch to Support Gitcoin Grants Round 8 Hackathon

1inch, a decentralized cryptocurrency exchange aggregator that recently secured $12 million via an investment round, has announced that it’s sponsoring the Gitcoin Grants Round 8 Hackathon. The 1inch team notes that they’re looking forward to supporting developers who are working on innovative (decentralized finance) DeFi… Read More

New Digital Asset Regulations in the US Might Require Banks to Treat Crypto Users like Any Other Business, Quigley from HASHR8 Confirms

The team at HASHR8 Inc., a cryptocurrency mining and media firm that aims to support the “decentralized growth” of hashrate (or computing power used to secure digital currency networks) while enhancing the security of blockchains, has confirmed that Bitcoin has broken record highs and sentiment… Read More

Bitcoin and Other Cryptocurrencies Now Account for Significantly Lower Percentage of Darknet Market Transactions: Report

Blockchain analysis firm Chainalysis notes that global darknet markets have long “fascinated” the general public, beginning with the infamous Silk Road, which represented around 20% of all Bitcoin (BTC) related activity during its “heyday” back in 2013. But since that time, these illicit activities account… Read More

Bitcoin Reaches All-Time High but BTC Dominance Fails to Break Records as Ethereum, XRP and Altcoins Surge: Report

Last month, the digital asset markets were “on a tear” as many cryptocurrencies experienced significant gains, Binance notes in its market report. The leading digital currency exchange confirms that Bitcoin (BTC) continues to dominate global headlines as its price surged from below $14,000 on November… Read More

Scott Freeman: Co-Founder at JST Capital Says Bitcoin and Other Cryptos Exhibit Characteristics Found in Other Asset Classes

We recently connected with Scott Freeman, Co-Founder and Partner at JST Capital, a New York-based financial services firm currently focused on the digital asset market. The partners of JST have spent more than twenty years working in the traditional financial services sector. They’ve now entered… Read More

Ethereum Is Arguably the Most Important DLT Project, but Time Will Tell if ETH2 Succeeds, Huobi Says

Huobi Global, a leading digital asset exchange, claims that when it comes to the blockchain and crypto sector, there are “arguably no blockchain projects more important than Ethereum.” The second-largest digital currency by market cap has also been credited with being “the mother of ‘Generation… Read More

66% of Digital Assets Survey Respondents Say We’re in a Crypto Bull Market, with Many Investors Excited About Altcoins, DeFi for 2021

As the digital asset market approaches the end of 2020, Kraken Intelligence (part of US-based crypto exchange Kraken) has carried out its second VIP client sentiment survey for this current year. According to Kraken, the goal of the survey is to assess digital asset market… Read More

Cryptocurrency Users’ Funds are Being Stolen via Malicious Chrome Browser Extension Phishing Attack: Report

Blockchain security firm Ciphertrace noted in a blog post published on December 2, 2020 that within the last 24 hours, the company noticed a significant uptick of alerts and comments within the online digital currency community of users’ funds having been stolen through a malicious… Read More

Pantera Capital Leads $12 Million Investment Round for 1inch, a Non-Custodial Crypto Exchange Aggregator

1inch, a decentralized (or non-custodial) crypto exchange aggregator provider, has finalized a $12 million investment round that was led by Pantera Capital. The 1inch team stated that they’re pleased to confirm the successful closure of their latest round which also included contributions from institutional investors such… Read More

Recent Cryptocurrency Price Action Shows “Clear Signs” that Many Retail and Institutional Investors are Entering the Market: Report

The Bitcoin (BTC) and crypto bull market continues to rally as BTC receives even more Wall Street attention while former Fed Chair Janet Yellen is announced as incoming Treasury Secretary. According to a report from OKCoin, Bitcoin has done it again: on Monday morning (November… Read More

Bitcoin (BTC) Price has been Surging at the Time US Equity Markets have Been Open as Institutional Interest Grows: Report

During the past few weeks, Ari Paul, CIO at BlockTower Capital, and Luke Martin, a prominent digital asset trader, have noted that Bitcoin’s (BTC) upward price movements since late October 2020 have mostly taken place during US market hours. A report from Coin Metrics points… Read More

Digital Asset Market Participants’ Perception of DeFi Tokens Shifts from Speculation to Identifying Long-Term Investments: Report

Digital asset exchange OKEx recently published a report, titled: “How centralized exchange volumes illustrate DeFi’s boom-and-bust cycle.” With market data provided by Kaiko, OKEx Insights looks at DeFi‘s “boom-and-bust cycle” in 2020. The exchange notes in its extensive report that as 2020 comes to an… Read More

Low Percentages of Allocations to Bitcoin from Corporations May be “Relevant” in A Relatively Illiquid Crypto Market, Coinrule Argues

The team at Coinrule, a cryptocurrency trading startup that recently secured over £410,000 in funding through its Seedrs round, notes in a blog post published by crypto futures and options exchange Deribit that Investors now have a new option they can add to their investment… Read More

Investors Might be “Rotating” Out of Gold and into Bitcoin (BTC), Digital Asset Flows Data from CoinShares Suggests

London-based CoinShares, a company that aims to expand access to the digital asset ecosystem while serving as a trusted partner for its clients, has noted that the Bitcoin (BTC) price has been closing-in on the “very psychological” all-time-high (of nearly $20,000) “coupled with momentary fears… Read More

Ethereum 2.0 Goes Live, Coinbase’s Chief Product Officer Surojit Chatterjee Says Exchange to Introduce ETH2 Staking Rewards

San Francisco-based crypto exchange Coinbase has announced that with the launch of Ethereum 2.0 (a major system-wide update to Ethereum, the world’s second-largest cryptocurrency network), they’re planning to introduce staking rewards for customers. Staking allows users to deposit digital assets on a platform or exchange… Read More

Russia’s Bitcoin Mining Facilities are Mostly in Siberia, Energy Surplus Allows BTC Miners to Secure Competitive Electricity Rates: Report

The team at HASHR8 Inc., a cryptocurrency mining and media firm that aims to support the “decentralized growth” of hashrate (or computing power used to secure digital currency networks) while enhancing the security of blockchains, has published a report titled, The State of Bitcoin Mining… Read More

Digital Assets Market Cap Reaches 32-Month High of $582 Billion before Correcting to Below $540 Billion: Report

Binance, the world’s largest digital asset exchange, notes in its latest crypto market overview report that it hasn’t seen prices this high since December 2017 (which was during the historic bull market that led to Bitcoin surging to nearly $20,000 and Ethereum reaching a price… Read More

Many More UK Residents are Buying Bitcoin and Other Cryptos as British Pound falls to Lowest Level Against USD in 35 Yrs: Survey

Paxful, a leading peer-to-peer cryptocurrency marketplace, recently published the results of a survey performed with assistance from OnePoll on “the state of the financial climate” in the UK. As noted in a blog post by Paxful, sentiments include recent notions about the country’s traditional banking… Read More

London’s Blockchain.com Extends Partnership with CoinShares to Support “Wrapped” Gold backed Crypto Token

Amadeo Pellicce, Product Manager at Blockchain.com, a leading crypto wallet provider and blockchain explorer service, notes that last year, they had teamed up with digital asset firm CoinShares to introduce DGLD, a crypto-asset representing allocated physical gold that’s kept securely in a Swiss vault. Pellicce… Read More

Mercurity Fintech Holding, a Blockchain focused Cross-Border Payments Firm, Reports Q3 2020 Losses, Launches DeFi Platform

Mercurity Fintech Holding Inc., which leverages blockchain or distributed ledger technology (DLT) to assist businesses with conducting “instant” cross-border transactions and remittance payments (through banks or financial institutions), has released its third-quarter 2020 financial results (for the period ending September 30, 2020). Mercurity reports (generally… Read More

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