Tagged: digital assets

Kenneth Bok: Head of Growth and Strategy at Zilliqa, a Major Blockchain Platform, Talks About Major Stablecoin Use Cases

Kenneth Bok, head of growth and strategy at Zilliqa, an established blockchain project that provides infrastucture to StraitsX, a stablecoin initiative introduced by the Fintech payments provider Xfers, recently shared his views and insights with Crowdfund Insider. Xfers is accredited by the Monetary Authority of… Read More

Crypto Rating Council Releases New Scores for Basic Attention Token, USDC Stablecoin, IOTA

The questions surrounding whether certain crypto assets qualify as financial securities is becoming increasingly important within the blockchain or distributed ledger technology (DLT) sector. There are now several entities within the digital asset sector that are focusing on bringing greater understanding to this pressing issue…. Read More

Crypto Taxes: Spain’s Tax Authorities Sends Warning Letters to 66,000 Digital Asset Investors

Spain’s tax authorities have begun sending warning letters to around 66,000 digital asset investors. The Spanish tax agency aims to remind cryptocurrency holders of their tax obligations. The Agencia Estatal de Administración Tributaria (AEAT) reportedly began its crypto-related tax collection campaign on April 1, 2020…. Read More

Coinbase Claims Retail Investors Purchased Large Amounts of Bitcoin (BTC) During Last Month’s Crypto Market Crash

San Francisco-based digital asset exchange Coinbase claims that retail customers purchased Bitcoin (BTC), the flagship cryptocurrency, the most during the March 2020 market crash. As noted in a report from Coinbase (released on March 31, 2020), customers usually purchase about 60% more than they sell…. Read More

Atomic Asset Exchange, a New Crypto Trading Platform, Is Launching its Native Token, AAB

The Atomic Asset Exchange (AAX), a newly developed digital currency exchange that offers over-the-counter, spot, and futures trading, confirmed on March 31, 2020, that it will be introducing its native exchange token, called AAB. AAX aims to connect crypto to the larger, traditional financial system…. Read More

Russia’s Planned Introduction of its Cryptocurrency Bill has Been Postponed Again, Due to Coronavirus Outbreak

The planned introduction of Russia’s cryptocurrency laws and regulations have been delayed again, due to the Coronavirus (COVID-19) outbreak. Anatoly Aksakov, chairman at the Russian State Duma committee on financial markets, claims that the nation’s virtual currency law, the bill “On Digital Financial Assets,” has… Read More

Bitwise Asset Management to Get its Crypto Index Fund Listed on OTC Markets

Bitwise Asset Management, a trusted partner to individuals, asset managers, family offices, and institutions in navigating cryptocurrency, is in the process of getting its digital asset index fund listed on OTC Markets (OTCQX). Bitwise informed investors on March 27, 2020, that it’s currently working toward… Read More

Huobi Derivatives Markets Introduces Crypto-based Perpetual Swaps to Help Investors Hedge Against Risk and Access Arbitrage Opportunities

Huobi derivatives markets (DM), a trading platform that supports cryptocurrency futures and perpetual contracts, has introduced perpetual swaps, which are a new type of derivative product that allows users to better hedge risk and access leveraged arbitrage opportunities during volatile or unstable market conditions. As… Read More

Coinbase Commerce has Now Processed Over $200 Million in Cryptocurrency Transactions Since Launch

Coinbase Commerce platform, which processes retail payments for merchants, has now handled over $200 million in total transactions during a two-year timeframe (since launch). As noted on Coinbase Commerce’s official website, the platform can accept and process major cryptocurrencies (within minutes), including Bitcoin (BTC), Bitcoin… Read More

Cryptocurrency Exchange Binance to Delist All 25 of its FTX Leveraged Digital Tokens

Leading digital asset exchange Binance will be delisting all 25 of its FTX leveraged cryptocurrency tokens. The exchange operator wrote in a company blog post published on March 28, 2020: “Due to lack of understanding of how leveraged tokens work by many of our users,… Read More

Coin Metrics, a Blockchain Data Analytics Firm, Secures $6 Million in Funding from Highland Capital Partners, Coinbase, Digital Currency Group, Fidelity, Others

Coin Metrics, a blockchain analytics and research company, has acquired $6 million in funding through a Series A investment round, which was led by existing investor Highland Capital Partners. Coinbase, Digital Currency Group, Dragonfly Capital, and Fidelity (among others) also took part in Coin Metrics’… Read More

Pankaj Balani: CEO at Digital Asset Derivatives Trading Platform, Delta Exchange, Explains Why Firm’s MOVE Contracts Will Benefit Crypto Industry

Delta Exchange, a crypto asset derivatives exchange, reports that it has maintained a stable monthly trading volume of $400-$500 million. Delta Exchange’s management revealed on March 3, 2020, that they’re introducing their options products, including BTC-MOVE and ETH-MOVE contracts. Delta Exchange is reportedly the first… Read More

DeFi: Coinbase Wallet Integrates Platform with Decentralized Finance Apps to Allow Users to Issue Loans in Crypto and Keep Track of Interest Earned

Coinbase Wallet has integrated its platform with decentralized finance (DeFi) apps in order to allow customers to issue loans in digital assets and keep track of the interest growth directly from their digital wallets. Coinbase Wallet users have been allocating millions of dollars into DeFi… Read More

Cryptocurrency Lender Nexo Introduces PAX Gold Credit Line for Retail Investors

Digital asset lender Nexo has introduced a PAX Gold (PAXG) credit line for retail clients. Nexo’s management noted that it will allow all investors to use the PAXG token as a collateral option. This offering was only available for the company’s institutional clients. PAXG is… Read More

Brave, the Developer of a Blockchain-based Privacy Browser, Partners Binance to Enable Crypto Trading During Web Surfing

Brave, the developer of a blockchain-powered Internet browser, has teamed up with leading crypto exchange Binance, in order to allow users to trade digital assets through its newly designed tab page. The Brave browser is an open-source project that’s based on Chromium, which is also… Read More

Digital Asset Exchange Bitfinex Introduces New Surveillance Tool, Shimmer, to Combat Crypto Market Abuse

Digital asset exchange Bitfinex has introduced a new surveillance tool, called “Shimmer,” reportedly in order to combat cryptocurrency market manipulation and other types of abuse. The tool will also help promote “orderly trading” on the exchange, according to the company. Bitfinex has been the target… Read More

Uniswap, a Widely-Used Non-Custodial Crypto Exchange, to Add New Ethereum Token Pairs with Upcoming Software Update

Uniswap, a widely-used non-custodial digital asset exchange, has revealed that the decentralized protocol’s second iteration will launch during Q2 2020. It will add new features such as support for additional ERC-20 compliant pairs, more peer to peer price oracles, flash swaps and a new protocol… Read More

CFTC Announces Final Guidance on Delivery of Digital Assets

The Commodity Futures Trading Commission (CFTC) has “unanimously” approved final interpretive guidance concerning retail commodity transactions involving certain digital assets. Specifically, the guidance clarifies the CFTC’s views regarding the “actual delivery” exception to Section 2(c)(2)(D) of the Commodity Exchange Act (CEA) in the context of… Read More

Crypto Lending Service Cred Partners NBA Player Spencer Dinwiddie to Allow Fans to Earn Interest on Stablecoins

Cred, a cryptocurrency-based lending and borrowing service, is teaming up with professional NBA basketball player and businessman Spencer Dinwiddie. A special web page and service was launched on March 20, 2020 for Dinwiddie’s fans who may use the Cred platform. Cred allows users to earn… Read More

Maker Foundation, which Supports Ethereum-based DeFi Platform MakerDAO, Appears to be Winning All Auctions of MKR Governance Tokens

MakerDAO, a leading Ethereum (ETH)-based decentralized finance (DeFi) platform, is currently in the process of carrying out an auction of MKR governance tokens in exchange for stablecoin Dai, in an attempt to cover around $4.5 million undercollateralized debt. On-chain (blockchain) data reveals that the Maker… Read More

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