Tagged: cryptocurrency

July 6, 2021 @ 7:06 pm By Tony Zerucha  |  

Institutional investors who already have exposure to cryptocurrency are much more likely to increase their holdings than reduce them, results of a survey from Nickel Digital Asset Management suggest. Respondents were from the US, UK, France, Germany, and the United Arab Emirates. More than four… Read More

June 30, 2021 @ 8:00 pm By Tony Zerucha  |  

Digital assets firm Nexo has begun to integrate Cardano’s ADA into its full suite of financial services. The process begins with buy and sell services for ADA on the Nexo Exchange, yields of up to eight per cent interest, and the option to borrow against… Read More

June 22, 2021 @ 10:46 pm By Tony Zerucha  |  

While Sotheby’s recent decision to accept cryptocurrency as payment for a rare diamond may seem like an inevitable progression to some, it also comes with risk, an executive from European cryptocurrency platform Nebeus said. COO and head of product Michael Stroev said the move has… Read More

June 22, 2021 @ 8:33 pm By Tony Zerucha  |  

Universal Fire & Casualty Insurance Company (UFCIC) now accepts cryptocurrency for premium payments, the company said today. UFCIC provides traditional property and casualty lines of business, including commercial property, general liability, inland marine, business owners’ policies (BOP), and commercial surety, and provides small business insurance. … Read More

June 14, 2021 @ 8:30 am By Tony Zerucha  |  

With most areas of finance exploring tokenization, it was only a matter of time before somebody applied it to the courts. Swiss litigation finance fund Liti Capital is expected to soon launch the LITI token, as an asset-backed equity token. That backing comes from ongoing… Read More

June 9, 2021 @ 10:54 am By Priyanka Pani  |  

The Bank of England (BoE) has long indicated it is interested in new forms of digital currencies such as Stablecoins and central bank digital currencies. In the past, the Bank has wondered about the impact to monetary policy and possible risk regarding the issuance of… Read More

June 3, 2021 @ 9:38 pm By Samantha Hurst  |  

    Argo Blockchain, a UK-based cryptocurrency miner, announced on Thursday it has exceed 1,000 Bitcoin holdings since its launch. The company also revealed that during May 2021, It mined 166 Bitcoin or Bitcoin Equivalent (together, BTC) compared to 163 BTC in April 2021. This… Read More

June 3, 2021 @ 9:21 pm By Samantha Hurst  |  

  BitcoinPoint, a UK-based Bitcoin buying platform, has successfully secured more than £300,000 through its equity crowdfunding campaign on Crowdcube. The funding round, which launched last month, quickly surpassed its initial £100,000 and has attracted nearly 940 Crowdcube investors. As previously reported, BitcoinPoint stated that its in-house software… Read More

June 2, 2021 @ 12:20 pm By Samantha Hurst  |  

TradeStation Crypto, Inc., a subsidiary of TradeStation Group, announced on Tuesday it has introduced its new price plan that will include reductions in taker fees of up 50% and additional maker fees. The company noted it does not charge any fees for crypto custody, deposits,… Read More

June 1, 2021 @ 1:47 pm By Samantha Hurst  |  

  Mogo Inc. (NASDAQ: MOGO) (TSX: MOGO) a Canada-based digital payments and financial technology company, announced on Tuesday it is set to acquire additional 2.0% of the outstanding common shares of cryptocurrency platform, Coinsquare.  The acquisition was announced just a little over a month after Coinsquare… Read More

June 1, 2021 @ 9:53 am By Samantha Hurst  |  

    Xcoins, a cryptocurrency exchange platform, announced on Monday it received its Class 3 Virtual Financial Asset (VFA) License issued by the Malta Financial Services Authority (MFSA). The company claims it was one of the first cryptocurrency exchanges to receive these permissions from MFSA…. Read More

June 1, 2021 @ 9:35 am By Samantha Hurst  |  

Digital payments platform Wirex announced on Monday it has teamed up with digital collectible platform Terra Virtua for exclusive non-fungible tokens (NFTs) giveaway. Wirex reported it will give away 500 exclusive Terra Virtua vFlect NFTs, as well as up to $500,000 worth of cryptocurrency in promotions throughout… Read More

May 28, 2021 @ 8:53 am By Samantha Hurst  |  

Wave Financial Group, a diversified holding investment and asset management firm that is focused on digital assets and blockchain technology, announced on Thursday it has surpassed $500 million of AUM for the first time since its founding in 2018. Wave stated it provides institutional and… Read More

May 27, 2021 @ 1:29 pm By Samantha Hurst  |  

    Talos, a U.S.-based institutional technology provider for digital asset trading, today announced the completion of a $40 million Series A investment round, which was led by Andreessen Horowitz with participation from PayPal Ventures, Fidelity Investments, Galaxy Digital, Elefund, Illuminate Financial, and STEADFAST Capital… Read More

May 26, 2021 @ 4:32 pm By Samantha Hurst  |  

    Flexa, a global network uniting retail and blockchain technologies, announced on Wednesday its digital currency acceptance offering to include a suite of eCommerce plug-ins that enable merchants to accept digital currencies via their online retail channels instantly and with guaranteed zero fraud. Flexa… Read More

May 26, 2021 @ 1:58 pm By Samantha Hurst  |  

Onramp Invest, a multiple cryptoasset Integration Platform as a Service (iPaaS), announced on Wednesday it has launched its cryptocurrency education and connectivity platform for registered investment advisors. Onramp reported that its full suite of resources was designed to empower registered investment advisors (RIAs) with the… Read More

May 26, 2021 @ 9:14 am By Samantha Hurst  |  

  Cryptoasset-to-USD lender BlockFi announced on Wednesday it has updated benefits and changes to the BlockFi Rewards Visa® Signature Credit Card, which pays cardholders 1.5% back in Bitcoin on every purchase they make anywhere Visa is accepted. BlockFi revealed it decided to eliminate the annual fee… Read More

May 26, 2021 @ 8:16 am By Samantha Hurst  |  

  Digital payments platform Wirex announced on Wednesday it has listed five new DeFi coins, which are AAVE, LINK, MKR, UNI, and YFI. According to Wirex, the addition of the coins will build on the 9 cryptos and 9 traditional currencies that the platform currently offers. … Read More

May 24, 2021 @ 12:01 pm By Samantha Hurst  |  

Fireblocks, an enterprise-grade platform providing the infrastructure for moving, storing, and issuing digital assets, recently announced it has secured the storage and transfer of $637 billion in digital assets since launching in 2019. As previously reported, Fireblocks claims it streamlines operations by bringing all your… Read More

May 24, 2021 @ 8:03 am By Samantha Hurst  |  

  No issues here: Africa-based cryptocurrency platform, Quidax, announced on Monday that despite the crypto market’s first major dip in 2021 on May 19th, it raised more than 7,772 BNB ($3 million) from the public sale of its token, QDX. Quidax reported on the 19th,… Read More