Tagged: cryptocurrency

Standard Chartered’s SC Ventures Collaborates With Northern Trust to Launch Cryptocurrency Custodian for Institutional Investors “Zodia”

SC Ventures, the innovation and ventures unit of Standard Chartered, announced on Wednesday it has teamed up with Northern Trust, a provider of asset servicing, to launch Zodia Custody, an institutional-grade custody solution for cryptocurrencies. According to the duo, Zodia is designed to enable institutions… Read More

BitGo Prime Announces Capital Introduction Services for Digital Assets

BitGo Prime, a digital asset financial services company to offer a deeply integrated solution with lending, trading, and custody, announced on Tuesday its Capital Introduction Services (Cap Intro) for its premier clients who seek to optimize their investment strategies. BitGo Prime reported that through a… Read More

OTC Markets Group Announces Addition of Grayscale Litecoin Trust to OTCQX

OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 11,000 U.S. and global securities, announced on Monday that Grayscale Litecoin Trust (OTCQX: LTCN), an investment vehicle that enables investors to gain access and exposure to Litecoin in the form of a security without the challenges of buying,… Read More

BitPay Announces Two Executive Hires

  Cryptocurrency payments platform BitPay announced on Tuesday two new executive hires, Jagruti Solanki, CPA, MBA, CGMA as Chief Financial Officer, and Shaun Worley as Product Vice President.  BitPay reported that prior to joining its team, Solanki served as an Assurance Partner with Aprio, LLP, specializing in technology… Read More

Financial Software Engineering Company Ultra Stellar Acquires StellarX Cryptocurrency Trading Platform From Coinsquare

Less than two years after Coinsquare acquired cryptocurrency trading platform StellarX, financial software engineering company Ultra Stellar has purchased the platform. As previously reported, StellarX is claimed to be the first full-featured trading app for Stellar’s universal marketplace. The exchange operates as a truly decentralized… Read More

Russian Banking Group Sberbank May Issue Its Own Cryptocurrency

Sberbank isn’t ruling out the possibility of issuing its own cryptocurrency, Sbercoin, in 2021. According to CEO of Russian banking group, Herman Gef, Sberbank is joining forces with JP Morgan for the crypto project and may launch the currency as an “experiment” next year. Gref… Read More

Bitfinex Enables Deposits & Withdrawals for Bitcoin Cash Node

Digital asset exchange Bitfinex announced on Thursday that deposits and withdrawals for Bitcoin Cash Node (BCHN) have officially opened. Prior to this launch, Bitfinex announced the upcoming Bitcoin Cash (BCH) network protocol upgrade, and any associated hard fork, was schedule for November 15, 2020 at… Read More

OKEx Announces Restoration of Full Range of Services For Users By Reopening Digital Asset Withdrawals

OKEx, a top 20 crypto exchange, announced on Friday it has restored its full range of services for its users by reopening withdrawals of all digital assets. OKEx reported that its team ran comprehensive security checks prior to resuming normal operations of the hot wallet… Read More

Coinsquare Appoints New Board Members & Applies to Operate As a Regulated Digital Asset Marketplace in Canada

Canadian cryptocurrency platform Coinsquare announced earlier this week it has appointed Nicholas Thadaney and Wendy Rudd to its Board of Directors According to Coinsquare, the appointment news follow the confirmation of Stacey Hoisak as Coinsquare’s new Chief Executive Officer, and the appointments of Lawrence Truong as… Read More

Chainalysis Explains Why Authorities Must Look Beyond Direct Counterparties to Understand Risks Associated with Crypto Addresses

Chainalysis, a leading blockchain research firm, says that the best way to assess or determine the risk of a virtual currency address or group of associated addresses (e.g., like a wallet) is to analyze all the other addresses with which it has conducted transactions. According… Read More

CertiK Unveils Membership-Based Plan CertiKShield To Provide Reimbursements For Lost Or Stolen Cryptocurrency

CertiK, a U.S.-based end-to-end cybersecurity solutions provider, announced on Tuesday the launch of CertiKShield, which is a decentralized, membership-based plan to provide reimbursements for lost of stolen cryptocurrency assets of any blockchain network. According to CertiK, CertiKShield membership enables claimants to be reimbursed if their… Read More

Travala.com’s Latest Equity Crowdfunding Campaign Nears £1.1 Million During the Final Week on Crowdcube

  Travala, a service that lets users pay for hotel reservations with digital currencies, is set to close its latest equity crowdfunding campaign on Crowdcube with nearly £1.1 million raised. The funding round, which originally sought to raise £500,000, has attracted more than 800 Crowdcube… Read More

BitPay Joins Forces With Travala.com to Launch Crypto Travel Gift Cards

 Travala.com, a blockchain-based travel booking service, announced on Thursday it has joined forces with cryptocurrency payments platform BitPay to power Travala.com’s new Travel Gift Cards. According to Travala.com, the collaboration will enable cryptocurrency holders to purchase gift cards redeemable for over three million travel products… Read More

PayBito Announces Trading Platform Upgrades

U.S.-based cryptocurrency exchange PayBito announced on Friday it has upgraded its trading platform by offering new features for an improved user experience. According to PayBito, the new enhancements include a global order book for the traders to receive direct market access. “The direct market access by PayBito… Read More

BitPay Launches Mass Payout Service “BitPay Send”

Global blockchain payments provider BitPay announced on Thursday the launch of BitPay Send. According to BitPay, BitPay Send is described as a new mass payout service that enables organizations of all sizes to pay employees, affiliates, customers, vendors, contractors, and others with cryptocurrency. The service… Read More

Cryptocurrency Exchange Coinmerce Added to the Crypto Registry of the Dutch Central Bank

Coinmerce, a Dutch cryptocurrency platform, announced on Monday it has been added to the crypto registry of the Dutch Central Bank. Coinmerce claims it is one of the first companies that offer both wallet and trading functionalities in The Netherlands that is accepted. Founded in… Read More

Sygnum Bank Launches Tezos Staking With Stake Rewards of Up to 5% Annually

Sygnum Bank, a licensed digital asset bank, recently claims it is the first regulated bank to launch staking for Tezos (XTZ), an open-source protocol backed by a global community of 1300+ validators, researchers and developers. According to Sygnum, XTZ may now be deposited and staked,… Read More

Bitcoin IRA Unveils New Cryptocurrency IRA Knowledge Center

  Bitcoin IRA, a company that allows individuals to invest in cryptocurrency, announced on Friday the launch of its new Crypto Knowledge Center. According to Bitcoin IRA, the center provides a dedicated hub for educational information specifically for blockchain, cryptocurrency, and self-direct retirement accounts. “Bitcoin… Read More

Wirex Unveils “Rising Women in Crypto Power List”

Digital payments platform Wirex announced on Monday the unveiling of its “2020 Rising Women in Crypto Power List” Wirex claims that the List, which was done in partnership with The Fintech Times, received a total of 367 entries and features the ten most inspirational women… Read More

Cryptocurrency Exchange & Custodian Gemini Teams Up With TaxBit to Provide Tax Services Suite to Users

Gemini Trust Company, LLC (Gemini), a cryptocurrency exchange and custodian, recently announced it has joined forces with cryptocurrency tax software platform TaxBit to provide its users with completed cryptocurrency tax reports and tools to better monitor and optimize tax reporting. According to Gemini, TaxBit’s Tax… Read More

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