Tagged: cryptocurrency

August 5, 2021 @ 7:55 pm By Tony Zerucha  |  

As cryptocurrency watchers let Securities and Exchange Commission (SEC) Chair Gary Gensler’s recent appearance before the United States Congress sink in, many are sharing the opinion that he could have done so much more. On Aug. 3, Gensler asked Congress for expanded resources and a… Read More

August 4, 2021 @ 6:35 pm By Tony Zerucha  |  

A shift from BTC to ETH are among the findings from digital currency brokerage Genesis’ Q2 2021 Market Observations Report. Strong institutional growth continued throughout the quarter. Loan originations increased almost 700 per cent YoY to an all-time high of $25 billion in Q2 and were… Read More

August 4, 2021 @ 3:13 pm By Tony Zerucha  |  

Securities and Exchange Commission Chair Gary Gensler’s plan to be the new sheriff policing the Wild West of Crypto comes as no surprise to one industry watcher. Earlier this week Gensler announced that he plans on cracking down on cryptocurrency-related fraud and sought more assistance… Read More

July 27, 2021 @ 11:19 pm By Tony Zerucha  |  

Consumers are warming to the concept of Central Bank Digital Currencies (CBDC), research from European deep tech company Guardtime shows. Guardtime surveyed people in 10 countries and found 64 per cent of people would likely use a CBDC launched in their country, with 33 per… Read More

July 20, 2021 @ 1:17 am By Priyanka Pani  |  

In a strange turn of events that could negatively impact the crypto sector, two well-known founders and critical architects from the industry have called quits. In four days, Jackson Palmer, co-founder of cryptocurrency Dogecoin, and Anthony Di Iorio, co-founder of Etheruem have decided to quit… Read More

July 15, 2021 @ 1:00 am By Tony Zerucha  |  

One in nine adults in the United Kingdom could make their first cryptocurrency purchase over the next year, data from UK money app Ziglu suggests. Should they all take the plunge that would mean 21 percent of UK adults would own some digital currency. Of… Read More

July 6, 2021 @ 10:45 pm By Priyanka Pani  |  

Crypto-trading platform PDAX has launched seven new cryptocurrencies for its users: Chainlink (LINK), Enjin (ENJ), Basic Attention Token (BAT), Graph (GRT), Compound (COMP), Aave (AAVE), and Uniswap (UNI). With this, the total number of coins offered on the platform is pegged at 14. Founded in… Read More

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