Tagged: digital assets

February 17, 2020 @ 10:32 am By Samantha Hurst  |  

Copper.co, a UK-based custodian for digital assets, announced on Monday it has raised $8 million through its Series A funding round to grow globally by expanding its commercial team and launching new products. Institutional investors in this round include international investment firm  Target Global, LocalGlobe, … Read More

February 14, 2020 @ 9:51 am By Omar Faridi  |  

The developers of the Suterusu protocol are presently working on a scalable, privacy-preserving second layer solution for secure digital asset management. Any crypto-asset, including Bitcoin (BTC) and Ether (ETH), may soon be used to conduct fully anonymous transactions using the Suterusu protocol. Suterusu’s technology, ZK-ConSNARK,… Read More

February 14, 2020 @ 9:43 am By Omar Faridi  |  

Liquid.com, a globally accessible digital asset exchange, confirmed on February 11, 2020, that Two Prime’s inaugural FF Token, the FF1, will be officially introduced and be available for trading “exclusively” on the exchange, beginning February 25, 2020. According to Liquid’s website, the company has facilitated… Read More

February 14, 2020 @ 9:23 am By Omar Faridi  |  

Digix, the developer of the first asset-backed digital gold token, recently upgraded its online marketplace and website. The company’s new marketplace and digital platform aim to simplify the process of buying and managing Digix’s native DGX token. The token was launched to meet the increasing… Read More

February 13, 2020 @ 11:58 pm By Omar Faridi  |  

Jamal El-Hindi, deputy director at the Financial Crimes Enforcement Network (FinCEN), a bureau of the US Treasury Department that analyzes information about financial transactions in order to prevent illicit activities, is calling on firms interested in bridging the cryptocurrency space with social media networks and… Read More

February 13, 2020 @ 5:25 am By Omar Faridi  |  

Gate.io, a Malta-based blockchain-based digital asset exchange company, reportedly reached a $400 million in trading volume mark on its perpetual contracts platform, which is a new high for the firm this year.   Gate.io’s management has confirmed that the price accuracy of perpetual contracts settled in… Read More

February 12, 2020 @ 12:44 pm By Samantha Hurst  |  

B2C2, a UK-based cryptocurrency liquidity platform, announced on Wednesday it has teamed up with SFOX, a cryptocurrency prime dealer for large-scale investors, to provide asset managers, hedge funds, family offices and high net worth individuals with a new source of liquidity. The duo reported that… Read More

February 12, 2020 @ 10:54 am By Omar Faridi  |  

Joshua B. Sterling, the Commodity Futures Trading Commission (CFTC), Director of the Division of Swap Dealer and Intermediary Oversight (Division), or DSIO, confirmed on February 10, 2020, that it recognizes that the US Commodities and Futures Commission (CFTC)-licensed companies are “often at the forefront in… Read More

February 9, 2020 @ 3:08 am By Omar Faridi  |  

BaFin, Germany’s financial supervisory authority, recently clarified how the leading European nation’s new crypto-asset custody law would apply to companies that are operating outside of the country, yet still serve local markets. BaFin’s latest guidance, published last month, notes that firms which are currently custodying… Read More

February 9, 2020 @ 3:03 am By Omar Faridi  |  

Hedera Hashgraph, an enterprise-grade, public distributed ledger technology (DLT) platform, recently confirmed a strategic partnership with Armanino LLP, one of the largest accounting and business consulting companies in the United States. As noted in a press release shared with Crowdfund Insider, the partnership will allow… Read More

February 8, 2020 @ 9:54 am By Omar Faridi  |  

Bitcoin Depot, one of the world’s fastest-growing multi-cryptocurrency ATM networks, announced on February 6, 2020, that it’s expanding its services to more than 500 ATMs, globally. This move will notably make Bitcoin Depot the largest blockchain ATM network in the world. The firm recently surpassed… Read More

February 7, 2020 @ 10:56 am By Omar Faridi  |  

Intercontinental Exchange (ICE), the owner of the world’s largest stock exchange, the New York Stock Exchange (NYSE), with a market cap of almost $23 trillion, and also the owner of digital asset trading desk Bakkt, posted a record FY 2019, according to its fourth quarter… Read More

February 7, 2020 @ 8:51 am By Omar Faridi  |  

The UK’s financial regulator, the Financial Conduct Authority (FCA), is reportedly planning to recruit a specialist with a professional background in blockchain and cryptocurrency-related businesses. The FCA says it wants to hire an intelligence associate with experience working in the digital asset industry, in order… Read More

February 6, 2020 @ 8:10 am By Omar Faridi  |  

Lightning Labs, a company focused on the development of the Lightning Network (LN), a second-layer scalability solution for expediting small Bitcoin (BTC) payments, has reportedly  finalized a $10 million Series A investment round – which was led by Craft Ventures. Ribbit Capital, RRE Ventures, Slow… Read More

February 6, 2020 @ 7:47 am By Omar Faridi  |  

The Intercontinental Exchange (ICE), owner of the New York Stock Exchange (NYSE) and newly launched digital asset trading desk Bakkt, will be acquiring loyalty program provider Bridge2 Solutions, the firm confirmed on February 5. After the deal has been finalized (the terms of which have… Read More

February 5, 2020 @ 11:00 pm By Omar Faridi  |  

Nearly 16 months after winding down its business operations in India, digital asset exchange Zebpay is reportedly set to resume offering services in the country. Zebpay was one of the most popular crypto exchanges in India. However, it had to shut down because of a… Read More

February 5, 2020 @ 1:50 pm By Samantha Hurst  |  

Archax, an institutional digital securities exchange that’s based in the UK, announced on Wednesday it is teaming up with security token platform Polymath to launch digital security listings.  Speaking about the collaboration, Graham Rodford, CEO of Archax, stated: “We are building the first truly global… Read More

February 5, 2020 @ 10:20 am By Omar Faridi  |  

BitGo, a leading digital asset custodian which holds $2 billion worth of cryptocurrency on behalf of its clients, has teamed up with SettleBit, a financial services provider, in order to allow institutions to conduct trades directly from their BitGo accounts. Established in 2013, BitGo provides… Read More

February 5, 2020 @ 8:22 am By Omar Faridi  |  

Digital Asset, the firm behind the open-source DAML smart contract programming language, has reportedly acquired investments from Salesforce Ventures and Samsung Venture Investment Corp, as part of the second closing of its Series C financing round. As mentioned on Digital Asset’s official website, the company… Read More

February 4, 2020 @ 5:02 pm By Omar Faridi  |  

Stephen Pair, CEO at BitPay, a leading cryptocurrency payments processor, recently revealed that the platform will begin supporting additional digital assets. Pai confirmed that BitPay was also looking into integrating the Lighting Network (LN), a protocol for a layer-two payments network aimed at expediting Bitcoin… Read More