Tagged: crypto-assets

Mettalex, a “Decentralized” Crypto and Commodities Derivatives Exchange, Claims its Product Solves Pain Points Related to FCA Derivatives Ban

Binance alum Fetch.ai, an established blockchain-focused AI firm launched by former DeepMind investors and developers, had introduced Mettalex, a “decentralized” crypto and commodities derivatives trading platform (back in August 2020). Mettalex had stated in August that it would be working with a consortium of steel… Read More

Chainalysis Explains How it Uses Reactor Tool to Track and Analyze Blockchain based Digital Currency Transactions

Blockchain analysis firm Chainalysis notes that its Reactor tools lets researchers and investigators track and analyze the movement of virtual currencies between different crypto addresses. The Reactor tool is also used to identify transactions that may involve stolen or otherwise illicit digital currency. Cybercriminals might… Read More

US Dollar has been Key Driver of Solid Bitcoin (BTC) Performance in 2020, According to Binance

  Binance, the world’s largest digital asset exchange, notes that cryptocurrency markets took a major hit in September 2020 as Bitcoin (BTC) and Ethereum (ETH) recorded their first down month since June of this year. Binance also mentioned in its monthly report that despite the… Read More

Regulated Crypto Exchange OKCoin Launches Business Offices in Singapore to Cater to Customers in Asia, Oceania

Crypto exchange OKCoin, which claims that its trading services are regulated, has announced the launch of its business office in Singapore. The fiat-focused digital asset exchange aims to serve as the Southeast Asia hub catering to clients based in Asia and Oceania. According to a… Read More

Switzerland’s SMART VALOR, a Regulated Digital Asset Exchange, to Run Automated Price Reserve for its Token on Kyber Network

SMART VALOR, a Switzerland based regulated digital asset exchange, will be running an Automated Price Reserve for the VALOR token on the Kyber Network, which provides a tool that allows traders to exchange tokens instantly without having to use exchanges. The VALOR token will be… Read More

Kyber Network Introduces The Sandbox, a Virtual World Created on the Ethereum (ETH) Blockchain

The developers at Kyber Network, which provides a tool that allows traders to exchange tokens instantly without having to use exchanges, have announced the launch of The Sandbox – which will be running an Automated Price Reserve for the SAND token on the Kyber Network,… Read More

DeFi Platform MANTRA DAO Partners with Bondly, a Crypto-Enabled Digital Commerce Platform

MANTRA DAO (distributed autonomous organization), a community-governed decentralized finance (DeFi) platform that aims to make staking, lending, and governance more accessible to traders and investors, has teamed up with Bondly in order to bring cryptocurrency to the “new generation” digital economy. The MANTRA DAO team… Read More

Joel Edgerton from Digital Asset Exchange bitFlyer Says Charges Brought Against BitMEX Show Crypto Falling Under Current Regulations

Joel Edgerton, COO at bitFlyer, a crypto-asset exchange that’s licensed to operate in Japan, the United States, and Europe, recently shared his views about the court case and charges brought against the Bitcoin Mercantile Exchange (BitMEX), a leading digital asset derivatives exchange. Edgerton also shared… Read More

Binance Now Hosting $128 Million worth of Stablecoins on its Liquid Swap Platform

Binance, the world’s largest digital asset exchange, has confirmed that it’s been a month since it launched Binance Liquid Swap. The exchange also revealed that the platform is now hosting over $128 million worth of stablecoins, as of October 3, 2020. The Binance team further… Read More

Digital Asset Exchange Bitfinex Introduces Staking Rewards for Cardano (ADA)

Bitfinex, a major digital asset exchange, will be introducing staking rewards for ADA, the native crypto token of Cardano, a blockchain-based platform for developing decentralized applications (dApps). According to the Cardano team, which is led by its founder Charles Hoskinson, the distributed ledger tech (DLT)… Read More

Chainalysis Reveals how KuCoin Hackers Used DeFi Platforms Uniswap, KyberSwap to Move $275+ Million in Stolen Cryptocurrency

Chainalysis, a leading blockchain analysis and security firm, has provided an update regarding the recent KuCoin exchange hack, which led to around $280 million in digital assets being stolen (according to estimates confirmed by many industry participants). Chainalysis noted that on September 25, 2020, hackers… Read More

Coinbase Enables Real-Time Card Withdrawals via Visa Direct Capability for Bitcoin (BTC), Ethereum (ETH), Other Digital Assets

Eddie Lo, Product Manager at US-based crypto exchange Coinbase, notes that one of the “defining characteristics” of digital currencies is that they can be “transacted instantly, anywhere, anytime.” Although this might not be true given the relatively high Bitcoin and Ethereum transaction fees and relatively slow… Read More

Coinbase Pro Adds Trading Support for Balancer (BAL) and Ren (REN) Tokens

US-based crypto exchange Coinbase will be allowing Coinbase Pro users to trade Balancer (BAL) and Ren (REN) tokens. The exchange confirmed: “Today October 1, 2020, transfer BAL and REN into your Coinbase Pro account ahead of trading. Support for BAL and REN will be available… Read More

DeFi Protocol MANTRA DAO Announces Launch of Its Digital Assets Staking Platform

The developers at MANTRA DAO, a community-governed decentralized finance (DeFi) platform that aims to make staking, lending, and governance more accessible to traders and investors, have confirmed that they’ve officially launched their staking platform. The MANTRA DAO team noted that they’re pleased to announce that… Read More

Cross-Chain DeFi Hub Kava Serves as “Decentralized” Bank for Digital Assets, Provides Access to Stablecoins and Loans

The developers at Kava (KAVA) have noted that Kava.io serves as a cross-chain decentralized finance (DeFi) hub. It provides various applications and services to major cryptocurrency networks. According to its developers, the Kava platform operates as a “decentralized bank” for crypto-assets. It helps users connect… Read More

AI and Machine Learning Network Fetch.ai Claims its FET Token Hasn’t Been As Badly Impacted as Others After $280 Million KuCoin Hack

AI and machine learning network Fetch.ai has noted that following the events of the recent KuCoin exchange hack this past weekend (which led to around $280 million in crypto tokens being stolen, a lot higher than the previous $150 million estimate), they’re now watching developments… Read More

Coinbase Users May Earn 5% APY in Certain Jurisdictions by Staking Cosmos (ATOM) Tokens via Platform

San Francisco-based crypto exchange Coinbase has introduced Cosmos (ATOM) staking rewards. The leading digital currency trading platform announced on September 29, 2020 that it will be allowing certain eligible customers to “easily start earning 5% APY” on their Cosmos (ATOM) held on Coinbase. The Coinbase… Read More

Stablecoins May Lead to Transformation of Financial Services, Especially Payments, According to Experienced Investment Professionals

Stephen McKeon and Derek Schloss from Collab+Currency (Collaborative Fund) have noted that they’ve invested in LUNA, which is a digital token that backs the Terra ecosystem of stablecoins (virtual currencies pegged 1-to-1 with real-world assets like the US dollar or commodities like gold). McKeon and… Read More

Binance Launchpool Introduces Venus Protocol, a DeFi focused Money Market Lending and Credit System

Binance Launchpool, which is managed by Binance, the world’s largest digital asset exchange, has introduced the Venus Protocol (XVS), which is described as an algorithmic money market system developed “to bring a complete decentralized finance-based lending and credit system” onto Binance Smart Chain (a blockchain… Read More

Blockchain Analysis Firm Chainalysis to Establish New Singapore and Tokyo Offices as Part of Global Expansion Plans

Chainalysis, a leading blockchain analysis firm, has revealed that it will establish two new offices in Singapore and Tokyo. The company stated that it remains focused on fully supporting local crypto and blockchain companies. It’s also helping government agencies and traditional financial institutions with monitoring… Read More

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