Tagged: digital assets

Nasdaq Introduces Digital Asset Custody Services

Nasdaq Inc is reportedly placing a major bet on the crypto market, with the introduction of a digital assets unit that’s aimed at attracting institutional investors. The new division, called Nasdaq Digital Assets, will aim to provide custody services for crypto-assets, such as Bitcoin (BTC)… Read More

Global Crypto Adoption has Leveled Off in Past Year after Growing Steadily Since 2019: Report

Chainalysis has shared their 2022 Global Crypto Adoption Index Report. For the third consecutive year, Chainalysis ranked all countries “by grassroots cryptocurrency adoption. While commenting on what is grassroots adoption of cryptocurrency, Chainalysis explained that they could easily rank countries by “raw” cryptocurrency transaction volume,… Read More

Ethereum to Move Transactions Off Mainnet and Onto Layer-2, ETH-Compatible Chains: Report

Now that Ethereum (ETH), the world’s largest smart contract platform, has completed the Merge, it’s time to get ready for the next set of Ethereum upgrades – “the Surge, Verge, Purge, and Splurge.” As noted in an update released via an OKX – Okcoin research… Read More

Ethereum Fork: Kraken Supports EthereumPoW (ETHW) Trading, Token Distribution

Digital asset firm Kraken is pleased to announce that their platform now supports EthereumPoW (ETHW). As mentioned in an update posted on September 16 by Kraken, ETHW trading “is live and the ETHW token has been distributed to eligible clients.” A further announcement will be… Read More

Ethereum After The Merge: More ETH Expected to be Destroyed than Created, Report Claims

We’re quickly approaching (or have already followed through with) The Merge, the most notable upgrade in Ethereum’s history and “a crucial turning point for the wider crypto industry,” according to an update from digital asset firm Kraken. As the Ethereum blockchain transitions from proof-of-work (PoW)… Read More

Serhii Zhdanov: CEO at EXMO Discusses the Importance of Compliance, Regulation in Cryptocurrency Markets

We recently connected with Serhii Zhdanov, CEO at EXMO, a compliant cryptocurrency exchange, registered in the Republic of Lithuania as a “provider of activities of a virtual currency exchange operator and a deposit virtual currency operator” that promotes itself as making investing in crypto easy… Read More

Anchorage Digital Announces Custody for Axelar’s AXL Token

Anchorage Digital is pleased to announce the expansion of their institutional crypto custody platform to include AXL, the digital token that will “play a central role on the Axelar blockchain, which is expected to be live at the end of September 2022.” Axelar is a… Read More

Digital Asset Trading Network Apifiny Integrates with Fireblocks

Apifiny, the global cross-exchange digital asset trading network, announced its integration with the Fireblocks network, a digital asset transfer network for institutions. This integration now enables Apifiny users to “have access to a simple and secure solution for settlements, by connecting with the Fireblocks Network.”… Read More

ETC Group to Introduce ETP based on Upcoming Ethereum (ETH) Hard Fork

Fork

ETC Group, which claims to be one of Europe’s leading specialist providers of institutional-grade digital asset-backed securities, has announced that it will “list a new exchange traded product on XETRA based on the imminent hard fork of Ethereum and ETHW (the native asset to the… Read More

Blockchain.com Obtains Provisional Approval to Operate in Dubai

As Dubai seeks to support crypto and blockchain innovation, Blockchain.com has signed a Memorandum of Understanding (MOU) with the Dubai Virtual Assets Regulatory Authority (VARA). That means that soon both retail and institutional clients will be able “to access the financial system of the future… Read More

Bitcoin, Ethereum, Other Crypto-Asset Prices Decline Significantly: Report

After July’s green candles, August 2022 resumed a downward trend for crypto-assets across the board, the team at Kraken noted in a new report. Bitcoin, Ethereum and the rest of the crypto market “saw negative returns for the month.” Prices of BTC (-14%) and ETH… Read More

Stablecoins: Gemini Announces Support for Binance USD (BUSD)

The team at digital asset firm Gemini notes that they’re pleased to announce support for Binance USD (BUSD). BUSD is now “available for deposits and custody on Gemini.” Trading for BUSD will follow, “opening first on [their] API/FIX and ActiveTrader applications for the USD trading… Read More

P2P Investments Generated Substantial Returns in 2022, while Crypto Recorded Largest Decline: Report

Economic uncertainty, which peaked in the first half of 2022, “challenged investors to reconsider finance instruments in terms of risk-reward ratio,” according to an update from Robo.cash. The analysts at Robo.cash recently commented on “popular” assets and how they have been performing since the beginning… Read More

​Former DigitalX CEO Leigh Travers Joins Binance Australia as CEO

Binance Australia, the fiat-to-crypto platform for trading cryptocurrencies in Australian Dollars(AUD), announced the appointment of Leigh Travers, former DigitalX CEO and Director, as Chief Executive Officer. Travers has spent the last seven years “playing a pivotal role in building products and growing networks for DigitalX… Read More

Digital Asset Management Solution Onramp Joins Bosonic Network

Bosonic, a decentralized Financial Market Infrastructure (dFMI) business, announces that Onramp Invest, a crypto management solution providing access to crypto assets for registered investment advisors, will join the Bosonic Network™. This latest addition to Bosonic’s growing institutional client base “supports the Wealth segment, providing safety… Read More

NFTs: Nifty Gateway to Allow Curators to Build NFT Storefronts With “Publishers”

On September 1, a beta group of 50 art curators will start “launching drops through their own NFT storefronts on Nifty Gateway.” With Publishers, Nifty Gateway “handles the complexity of creating an NFT storefront so that curators can focus on what they do best —… Read More

BIGG Digital Assets Inc. Reports Financial Results For Q2 2022

BIGG Digital Assets Inc. (CSE: BIGG), owner of Netcoins, the online cryptocurrency brokerage that claims to make it easy for Canadians to buy, sell, and understand cryptocurrency, and Blockchain Intelligence Group, a developer of blockchain technology solutions, is reporting Q2 2022 financial results. All figures… Read More

Digital Asset Reports Solid Performance with 3x YoY Customer Growth

Digital Asset, a software provider that helps enterprises build economic value through interconnected networks, announced another solid quarter of growth in Q2 2022. The firm continues “to expand its footprint among financial institutions and market infrastructures exploring and investing in next generation blockchain technology.” The… Read More

Fireblocks, Tokeny Support Adoption of Permissioned Tokens on Polygon

Fireblocks, the provider of digital asset and crypto custody technology, and Tokeny, the tokenization solution provider, announced their partnership “to provide a turnkey and enterprise-grade solution for tokenization using the ERC-3643 market standard on Polygon.” Institutions seeking to mint and manage permissioned tokens such as… Read More

Credora, dAMM Form Credit Evaluation Partnership to Support Digital Asset Lending

dAMM Finance is building a decentralized borrowing and lending protocol for crypto assets that is “highly capital efficient” and accessible for many token projects. Credora is partnering with dAMM “to conduct privacy-preserving credit evaluations and real-time risk monitoring on eligible dAMM borrowers.” The partnership will… Read More

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