Tagged: crypto-assets

Bitcoin Developer Amiti Uttarwar Explains that BTC Protocol’s Success May be Ensured by Addressing Privacy and Reliability Concerns

Amiti Uttarwar, a Bitcoin Core developer, received a $150,000 development grant (in June 2020) from HDR Global (the parent company of BitMEX) and OKCoin. Uttarwar is currently focused on improving certain aspects of Bitcoin’s (BTC) peer-to-peer (P2P) layer by addressing issues related to privacy and… Read More

Digital Asset Hedge Funds are Up 126% in 2020 According to Vision Hill’s Index

Cryptocurrency hedge funds have been reporting significant gains this year. They appear to have benefitted from the rise in transactions that let borrowers and lenders settle payments directly, without having to go through third-parties like banks. Crypto-asset hedge funds could also be performing well due… Read More

Establishing Proper Standards Is Key to Ensuring Blockchain or DLT Sector Moves Forward: Report

Establishing proper standards is the key to ensuring that the blockchain sector moves forward, according to a recent blog post published by the World Economic Forum (WEF). The blog post’s authors (Sumedha Deshmukh, Mercina Tillemann-Dick, Sofia Arend) note that standards for blockchain or distributed ledger tech… Read More

$100 Million Accelerator Fund from Binance Now Support 11 Blockchain and Crypto Projects

Binance, the world’s largest digital currency exchange, notes in its latest Crypto Market Overview report that Bitcoin (BTC) almost managed to break past the $14K mark, as it “massively outperformed” altcoins (alternative coins or all coins besides Bitcoin). Binance points out that Bitcoin began moving… Read More

Decentralized Storage and Computing Network Aleph.im to Run Automated Price Reserve for its Token on Kyber Network

Aleph.im, a “decentralized” network that aims to offer secure storage and computing power to decentralized applications (dApps), will be running an Automated Price Reserve for the ALEPH token on Kyber Network, a protocol that facilitates automated, “decentralized,” instant, and low-cost exchanges of Ethereum-based digital assets…. Read More

DeFi Tokens Experience Correction, Ethereum 2.0 Launch Date Uncertain due to Pending Smart Contract Audits: Report

Several major decentralized finance (DeFi) assets have experienced correction as Bitcoin (BTC) surged this past week. However, the “fundamental” developments continued, “pointing to long-term momentum,” according to a report from OKCoin. The crypto exchange notes that Bitcoin continued its ascent during the past week. The… Read More

Crypto Lending Network Celsius Integrates Chainlink’s “Decentralized” Price Feeds

Crypto lending network Celsius has confirmed that it has successfully integrated Chainlink’s (LINK) “decentralized” price feeds in order to power its internal systems as “a key component of its pricing services.” As noted by the Celsius team, the integration encompasses the “usage and adoption” of… Read More

Brussels based Keyrock, a Digital Asset Market Maker, Secures €4.3 Million from SIX Fintech Ventures, Others

Brussels-headquartered Keyrock, a digital asset market maker, has secured €4.3 million in capital through an investment round that was co-led by MiddleGame Ventures and SIX Fintech Ventures, which is a CHF 50 Million corporate VC fund that invests in global early-stage startups. Volta Ventures, Seeder… Read More

Caitlin Long’s Avanti Financial Group Is Now Officially a Bank, Company Approved to Serve as Qualified Custodian for Digital Assets

Caitlin Long, Founder and CEO at Avanti Financial Group, has confirmed that Avanti is now officially a bank. Long noted that the company’s charter and business plan were “approved 8-0” today (October 28, 2020), including Avit, a tokenized US dollar that the company will issue… Read More

Taurus Group Explains how Banking Grade Digital Asset Custody Solutions are Integrated by Financial Institutions

Taurus Group, which provides secure, compliant and reliable infrastructure and tools for digital assets, notes that it has helped many banks and other financial institutions with integrating crypto-assets into their existing business. The Taurus Group provides the infrastructure and technology needed to support transactions with… Read More

Cybersecurity Firm Halborn Gives Avalanche Digital Asset Wallet a “Stamp of Approval” after Conducting Security Testing

Cybersecurity firm Halborn has reportedly given Avalanche wallet a “stamp of approval” after extensively testing the wallet’s security systems. Halborn, a cybersecurity team focused on blockchain or distributed ledger tech (DLT)-based platforms, has performed an extensive security audit of the Avalanche wallet. The company also… Read More

Bitcoin (BTC) Surged 14% in Past Week, but On-Chain Trends are “Bearish” in “Extremely Short-Term”: Report

As Bitcoin (BTC) approaches the $14,000 mark, the “institutional wave” continues and the global financial markets experience uncertainty around US fiscal stimulus, according to a report from OKCoin. The San Francisco-based crypto exchange notes that Bitcoin price has surged during the past week as “a… Read More

Kyber Network Adds Support for Indorse (IND), a Platform for Supporting Great Software Engineering Teams

Indorse (IND) is now available on Kyber Network, a protocol that facilitates automated, “decentralized,” instant, and low-cost exchanges of Ethereum-based digital assets. As noted in the announcement, Indorse will be running an Automated Price Reserve for the IND token on Kyber Network. As confirmed by… Read More

Digital Asset Security Solution Providers SignKeys and Satoshi Labs Explain Why You Shouldn’t Use PayPal for Cryptocurrency Transactions

SignKeys, a Singapore-based digital asset solutions provider, notes that recent positive news for Bitcoin (PayPal adding support for BTC and other cryptos) may have led to a 15% increase in its price (around $13,000 at the time of writing). SignKeys points out that Bitcoin still… Read More

Fuse.io, a Platform Leveraging DeFi Instructure to Help Turn Communities into Economies, Achieves #2 Spot on Product Hunt

Fuse.io, a Tel Aviv based Fintech firm that aims to leverage (decentralized finance) DeFi infrastructure to create a platform for entrepreneurs that allows them to turn “communities into economies,” notes that they’re proud to confirm that after Fuse Studio was shared on Product Hunt this… Read More

Digital Asset Security Firm NGRAVE Adds Support for UTU Token which Helps Assess Borrower’s Creditworthiness

NGRAVE, a digital asset security company that claims it has developed the world’s most secure cryptocurrency hardware wallet, notes that it will be adding support for the UTU token. The NGRAVE team explains in a blog post that the UTU token offers new and unique… Read More

More Use Cases Outside of Finance Will Make Crypto Industry “Really Take Off,” OKCoin CEO Says

Hong Fang, CEO at San Francisco-based OKCoin, a regulated cryptocurrency exchange, says she first heard about Bitcoin (BTC) in 2012. But it wasn’t until 2016 that she began to realize Bitcoin’s potential as a globally accessible medium of exchange or store of value. Hong noted… Read More

Henri Arslanian from PwC Reveals that Crypto M&A in H1 2020 Surpassed Total from 2019, Average Deal Size Increased from $19.2m to $45.9m

Henri Arslanian, the Crypto Leader at PwC Global, says that there’s never a dull moment in the crypto and blockchain space. Arslanian, who’s also a keynote speaker and best-selling author, notes that PayPal recently announced that it will be allowing its customers to buy, hold… Read More

Bitcoin (BTC) and Ethereum (ETH) Up 15% this Past Week, but DeFi Tokens AAVE, SNX, FYI Experience Slight Correction

The system-wide Ethereum 2.0 upgrade is now just a few weeks away. As the date of the planned update gets closer, the ETH price keeps rising. Ethereum (ETH), the world’s second-largest cryptocurrency by market cap and adoption, has surged 15% this past week (trading at… Read More

Enterprise Blockchain Platform Waves Launches ERC-20 WAVES Token to Enable Access to Ethereum Network Apps

Waves (WAVES), a blockchain-based platform for developing enterprise-grade applications, will be issuing an ERC-20 compliant token as part of its collaboration with the Ethereum (ETH) network. The Waves development team noted: “As Waves continues to foster interoperability between various protocols, the WAVES token has been… Read More

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