Tagged: digital assets

December 14, 2022 @ 9:47 pm By Omar Faridi  |  

ZEBEDEE, a Fintech and “next-generation” payment processor for the gaming industry, announced the results of a study “surveying over 1,000 U.S. respondents who play a minimum of one hour of video games per week to gauge their feelings toward blockchain technologies, NFTs and cryptocurrencies being… Read More

December 13, 2022 @ 7:22 pm By Omar Faridi  |  

Bybit, which claims to be the world’s “third-most” visited crypto exchange, has implemented a Proof of Reserves system that “allows users to verify the company’s holdings directly.” The system uses Merkle Tree “to enable users to quickly verify their assets deposited in Bybit and authenticates… Read More

December 13, 2022 @ 12:30 pm By Omar Faridi  |  

Nexo, which claims to be the “leading” regulated institution for digital assets, has announced its registration “with the Ministry of Finance of Poland as a Virtual Assets Service Provider (VASP) in the country.” This development in Poland “builds on the crypto-native FinTech’s longstanding effort to… Read More

December 13, 2022 @ 10:56 am By Omar Faridi  |  

OKX, which claims to be a leading cryptocurrency platform, has introduced the “seamless” Quick Transfer feature and announced Ledger hard wallet compatibility “to streamline self-custody for millions of users.” The Quick Transfer feature “allows OKX users to easily transfer assets between the OKX exchange and… Read More

December 12, 2022 @ 11:11 pm By Omar Faridi  |  

According to Robocash analysts, traditional currency and P2P investments remain the “most promising” assets in 2023. The most “controversial” asset class this year has been cryptocurrency (or crypto-assets), the Robo.cash team wrote in a blog post. To determine the “most favorable” assets for 2023, platform… Read More

December 12, 2022 @ 9:08 am By Omar Faridi  |  

Crypto.com, which claims it is “trusted” by more than 70 million customers world-wide and the “industry leader” in regulatory compliance, security and privacy certifications, has released its audited Proof of Reserves, “enabling users to verify that their crypto assets are fully backed (1:1) on our… Read More

December 11, 2022 @ 9:57 pm By Omar Faridi  |  

Union Bank of Philippines, a “long-standing” partner of Hex Trust, is expanding their digital asset exposure by “tapping into the metaverse.” As a continuation of their “Tech-up Pilipinas” advocacy, UnionBank has announced their entrance “to The Sandbox, with the help of Hex Trust’s digital asset… Read More

December 9, 2022 @ 7:18 pm By Omar Faridi  |  

Digital asset firm Okcoin reveals that you can now “deposit 1inch Network (1INCH), Curve DAO (CRV), Kyber Network (KNC), Livepeer (LPT), Metis (METIS), The Sandbox (SAND), Skale (SKL), and Nano (XNO) on Okcoin.” According to details shared by Okcoin, here’s what these projects are all… Read More

December 9, 2022 @ 8:11 am By Omar Faridi  |  

Luxembourg is a country known for its “strong” focus on innovation and is one of the world’s “leading” financial centers, and PayPal (NASDAQ:PYPL) is pleased to announce that they will be “expanding PayPal’s cryptocurrency services to eligible Luxembourgish customers in the coming days.” The introduction… Read More

December 8, 2022 @ 10:50 pm By Omar Faridi  |  

Zodia Custody, a crypto-asset service provider backed by Standard Chartered and Northern Trust, has “developed and launched a new service: Interchange.” The service “offers an alternative to the pre-funding and margin models on exchanges. Using Interchange, clients can keep their assets with Zodia Custody, while… Read More

December 8, 2022 @ 9:37 pm By Omar Faridi  |  

In a “proactive” response to calls for transparency among digital assets exchanges, WOO Network has launched “a real-time reporting of its assets and liabilities – the first in this industry.” WOO Network’s transparency dashboard, WOO X, “includes live data reporting that updates every 15 mins,… Read More

December 8, 2022 @ 3:11 pm By Omar Faridi  |  

Binance.US, the U.S. partner to one of the world’s largest crypto exchange and America’s home to buy, sell, trade, convert and stake digital assets, announced that it “has expanded its zero fee pricing model to now include Ethereum (ETH), effective immediately.” All new and existing… Read More

December 7, 2022 @ 7:57 pm By Omar Faridi  |  

Wave Financial LLC, the SEC-regulated digital asset investment management company,  announced the appointment of Harumi Urata-Thompson as Chief Financial Officer. She will report to David Siemer, Chief Executive Officer, and is “based in New York City.” As Chief Financial Officer, Harumi will “play an important… Read More

December 7, 2022 @ 8:48 am By Omar Faridi  |  

Crypto exchange Gate.io, which claims to be one of the world’s “leading” trading platforms, says that it aims to position itself “as a key driver of the crypto industry during the bear market.” As companies restrategize to adapt to changing market conditions, Gate.io is spearheading… Read More

December 5, 2022 @ 10:06 pm By Omar Faridi  |  

Keyrock, digital asset market maker, raised $72 million in its Series B funding round from investors “including Ripple, SIX Fintech Ventures and Middlegame Ventures.” Keyrock plans to use the funding from its investment round “to invest further into infrastructure development, scalability tools, as well as… Read More

December 5, 2022 @ 7:21 pm By Omar Faridi  |  

In September 2022, cryptocurrency trading platform MEXC had ranked among the major liquidity providers. Recently, MEXC announced the growth of its contract business, and its average daily trading volume has increased substantially, the firm claims. “Users first, MEXC‘s Changing for you” has been the service… Read More

December 1, 2022 @ 7:47 pm By Omar Faridi  |  

Philcoin, which claims to be one of the largest philanthropic movements, is changing the way crypto users “view and respond to the current bear market.” Despite the conditions and controversies regarding crypto company fallouts, Philcoin launches products “focused on generating individual wealth and empowerment.” Philcoin’s… Read More

December 1, 2022 @ 11:23 am By Omar Faridi  |  

Binance, which claims to be the world’s “leading” blockchain ecosystem and cryptocurrency infrastructure provider, announced it has “acquired 100% of Sakura Exchange BitCoin (SEBC), the Japanese-registered crypto exchange service provider.” Through this acquisition, Binance enters “the Japanese market, as a Japan Financial Services Agency (JFSA)… Read More

December 1, 2022 @ 10:08 am By Omar Faridi  |  

Gillian Lynch, Head of Ireland and EU at Gemini, notes that they are pleased to announce that Gemini has “registered as a Virtual Currency Operator with Italy’s payments services regulator, the Organismo Agenti E Mediatori (OAM), and as a custodial wallet provider and provider of exchange services… Read More

November 27, 2022 @ 8:27 pm By Omar Faridi  |  

With all eyes on centralized exchanges after the collapse of Celsius, Voyager, and now FTX, –  ZenGo and Banxa have partnered “to enable the most simple and trusted crypto onramp directly into the industry’s most secure crypto wallet with no private key vulnerability.” This partnership… Read More