Tagged: cryptocurrency

May 27, 2020 @ 8:01 am By Samantha Hurst  |  

Digital asset custody provider BitGo announced on Wednesday it is now offering institutional trading services through its new entity, BitGo Prime. BitGo claims that the BitGo Prime’s trading services will provide institutional investors with best-in-class service, increased liquidity, fast execution, and competitive aggregate pricing. “Institutional… Read More

May 26, 2020 @ 1:16 pm By Samantha Hurst  |  

South Korean cryptocurrency exchange Bithumb announced on Monday it has appointed Back Young Heo as its new CEO. According to Bithumb, Heo joined Bithumb in 2017 as the head of compliance and prior to Bithumb, worked in traditional finance for 14 years at Citibank, CitiCapital,… Read More

May 20, 2020 @ 10:44 am By Samantha Hurst  |  

Celsius Network, a cryptocurrency lending and borrowing platform, announced on Wednesday it is offering borrowers USD and stablecoin loans against their cryptocurrency assets at just 1% APR as part of its COVID-19 relief efforts. The platform also revealed that it has surpassed 100,000 active users…. Read More

May 15, 2020 @ 2:42 pm By Samantha Hurst  |  

Hong Kong-based cryptocurrency platform Crypto.com announced on Friday its MCO Visa card is now shipping to a total of 31 countries in Europe. The platform claims it is the only crypto card provider offering cards in Asia, the full EU, and the U.S. Crypto.com reported… Read More

May 14, 2020 @ 10:50 am By Samantha Hurst  |  

Digital asset custody provider BitGo announced on Thursday it has been named as the custodian of India-based crypto exchange, CoinDCX. BitGo reported that as the custodian of CoinDCX, it will provide the secure storage and custodianship of cryptocurrencies held on CoinDCX, fully insured and protected by… Read More

May 14, 2020 @ 9:04 am By Samantha Hurst  |  

Cryptocurrency payments processor CoinPayments announced on Wednesday it has appointed Jason Butcher as its new CEO. CoinPayment reported that Butcher has been its Chief Operating Officer since 2017, and previously as an advisor starting in 2015, helped boost CoinPayments’ monthly transactions to more than $100… Read More

May 13, 2020 @ 8:25 am By Samantha Hurst  |  

TradeStation, an online broker-dealer and futures commission merchant, announced on Wednesday residents in Connecticut, North Carolina, North Dakota, Vermont, Washington D.C., and Wyoming may now apply for an account to trade cryptocurrencies on TradeStation Crypto’s brokerage platform. The news comes less than six months after TradeStation Crypto, has received additional state… Read More

May 11, 2020 @ 12:44 pm By Samantha Hurst  |  

Hong Kong-based cryptocurrency platform Crypto.com announced on Monday it has secured a $100 million direct insurance policy led by Arch Underwriting at Lloyd’s Syndicate 2012. The platform reported that this is the largest coverage that Crypto.com has secured for its cold storage assets on custodial… Read More

May 7, 2020 @ 3:37 pm By Samantha Hurst  |  

Abra, a U.S.-based all-in-one cryptocurrency wallet and exchange, has received $5 million from the Stellar Development Foundation, a decentralized and sustainable network for financial products and services.  Founded in 2014 by Bill Barhydt, serial entrepreneur and global mobile-banking veteran, Abra is an all-in-app where you… Read More

May 6, 2020 @ 3:27 pm By Samantha Hurst  |  

Bitfinex announced on Wednesday it is now offering Bitcoin Dominance (BTCDOM) Perpetual Swap through its digital asset exchange. Bitfinex claims Bitfinex Derivatives is the first derivatives platform to offer Bitcoin BTCDOM, which enables investors to take a position on the market weighting of the world’s… Read More

May 1, 2020 @ 10:36 pm By Samantha Hurst  |  

Blockchain security company CipherTrace announced this week the launch of its new feature, Armada. According to CipherTrace, Armada was created to support banks and financial institutions in achieving AML compliance by providing critical visibility into risky cryptocurrency blind spots so know your customer (KYC) processes… Read More

April 29, 2020 @ 3:13 pm By Samantha Hurst  |  

Japan-based cryptocurrency exchange bitFlyer announced on Wednesday it has released the results of its annual Crypto-Confidence Index, which confirmed that confidence in cryptocurrency increases across European populations year-on-year despite ongoing coronavirus crisis. According to BitFlyer, the index was built from a consumer poll of 10,000… Read More

April 29, 2020 @ 12:57 pm By Samantha Hurst  |  

Celsius Network, a cryptocurrency lending, and borrowing platform, recently announced that more than 50,000 BTC have been deposited into Celsius apps since its launch in August 2018. This latest milestone comes just months after Celsius reported crossing 20,000 BTC deposits in its first year. Founded… Read More

April 29, 2020 @ 8:37 am By Samantha Hurst  |  

Skew, a UK-based crypto data provider, announced on Wednesday it secured $5 million through its latest investment round, which was led by Octopus Ventures with participation from Digital Currency Group, as well as existing investors Firstminute Capital and Seedcamp. Founded in 2018, Skew claims to… Read More

April 28, 2020 @ 7:56 am By Samantha Hurst  |  

Digital asset exchange Bitfinex announced on Tuesday Whale Alert, a tracking service of cryptocurrency transactions from and to exchanges, is available on the social network, Bitfinex Pulse. According to Bitfinex, Whale Alert is claimed to be a vital information source in the digital asset space… Read More

April 27, 2020 @ 8:13 am By Samantha Hurst  |  

CoinEx, a global and professional cryptocurrency exchange service provider, announced on Monday it has formed a global strategic partnership with Matrixport, a one-stop digital asset financial service platform span off from Bitmain. CoinEx reported that the partnership allows its users to access Martrixport’s over-the-counter (OTC)… Read More

April 26, 2020 @ 10:32 pm By Samantha Hurst  |  

Korean cryptocurrency trading platform Upbit has reportedly expanded its partnership with Chainalysis, a blockchain analysis company, to provide support across the broader Asia Pacific (APAC) region. According to the duo, Upbit APAC will also use Chainalysis KYT (Know Your Transaction) to ensure safe, secure trading experiences… Read More

April 24, 2020 @ 10:30 am By Samantha Hurst  |  

Next-generation cryptocurrency trading platform BitMEX announced on Friday it is planning to launch an Ether (ETHUSD) quanta futures contract with up to 50x leverage May 5th. According to BitMEX, the first contract, ETHUSDM20, will expire in June. BitMEX claims that the contract will be the… Read More

April 23, 2020 @ 1:46 pm By Samantha Hurst  |  

Cryptocurrency exchange Binance announced on Thursday the launch of the Africa-focused social payments app for cash and crypto, Bundle. Binance reported that Bundle, which was founded by Yele Bademosi, formerly a director at Binance Labs, Bundle allows users to request, send, and receive cash or… Read More

April 20, 2020 @ 2:39 pm By Samantha Hurst  |  

Cryptocurrency platform Coinbase has reportedly appointment former Head of Digital at Barclays, Brett Tejpaul as its new Head of Institutional Coverage. According to Coinbase, Tejpaul spent 17 years in global leadership roles in both the UK and U.S., including Global Head of Sales (across all… Read More