Tagged: digital assets

August 14, 2022 @ 10:56 pm By Omar Faridi  |  

Maven 11 has introduced a Permissioned Pool with assistance from Maple Finance. The initial pool size will be $40 million in USDC with a decent risk-adjusted return to investors. Initial participants for the pool include Flow Traders, Wintermute and Auros. The pool may issue loans… Read More

August 14, 2022 @ 3:57 pm By Omar Faridi  |  

Digital asset firm Okcoin announced that they’re supporting two new Bitcoin development initiatives: Vinteum and Qala. As mentioned in the update, Okcoin has now “funded $1.5 million worth of Bitcoin open source efforts.” They’re a founding supporter of Vinteum, a new Bitcoin R&D center in… Read More

August 14, 2022 @ 3:28 pm By Omar Faridi  |  

When compared with early April 2022, the ETH price dropped from around $3579 to a low of approximately $880. But now, Ethereum has surged from the bottom to nearly $2,000 at the time of writing. If calculated in USDT, the price of the majority of… Read More

August 14, 2022 @ 3:26 pm By Omar Faridi  |  

Digital asset firm Kraken is pleased to announce that Basilisk (BSX) has begun trading on their platform. Clients can add BSX to their Kraken accounts “by navigating to Funding, selecting Basilisk, and then Deposit.” Trading with this token started on August 11, 2022. According to… Read More

August 13, 2022 @ 10:53 am By Omar Faridi  |  

BlackRock (NYSE: BLK) has introduced a private trust providing institutional customers in the US with direct exposure to Bitcoin (BTC). The world’s largest asset manager confirmed the release of the new product in a blog post, however, the firm has not yet provided extensive details…. Read More

August 13, 2022 @ 8:27 am By Omar Faridi  |  

Dibbs announced the appointment of two C-suite hires as the company grows beyond its origins “as a collectibles marketplace towards becoming the platform for tokenization and custody of physical and digital items for IP owners and collectors.” Dibbs appointed Ben Plomion as Chief Marketing Officer… Read More

August 12, 2022 @ 10:20 pm By Omar Faridi  |  

The 1inch API continues to expand in the DeFi space, “now strengthening the swapping functionality of the KuCoin Wallet, focused on opening the gateway to Web3 world to its users.” As noted in an update shared with CI, the 1inch Network confirmed that the 1inch… Read More

August 9, 2022 @ 10:03 pm By Omar Faridi  |  

Crypto.com, which claims to be the world’s “fastest-growing” cryptocurrency platform, announced that it has secured Electronic Financial Transaction Act and Virtual Asset Service Provider registration by “acquiring payment service provider ‘PnLink Co., Ltd.’ and virtual asset service provider ‘OK-BIT Co., Ltd.’.” Kris Marszalek, Co-Founder and… Read More

August 9, 2022 @ 8:44 am By Omar Faridi  |  

Old Street Digital (OSD) recently revealed that it has finalized a $2.8 million seed round that has reportedly been led by Draper Associates. OSD is focused on developing an institutional fund manager bringing the very best of active, fundamental research-driven portfolio management to crypto-assets. The… Read More

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

Liminal, a wallet operations infrastructure, recently unveiled “an additional protection for customers.” The insurance covers Liminal’s backup keys, which “serve as a fail safe to recover lost Liminal keys.” Canopius, a global specialty (re)insurer and Lloyd’s of London syndicate, “wrote the $50 million policy, which… Read More

August 8, 2022 @ 7:59 pm By Omar Faridi  |  

  Last week, it was widely reported that Coinbase (NASDAQ:COIN) was selected by BlackRock “to provide Aladdin clients access to crypto trading and custody via Coinbase Prime.” Coinbase and BlackRock will “create new access points for institutional crypto adoption by connecting Coinbase Prime and Aladdin.”… Read More

August 8, 2022 @ 6:47 pm By Omar Faridi  |  

The team at Gemini are pleased to announce support for a new set of crypto tokens. The following tokens are now available for trading on Gemini: Euler Finance (EUL) Project Galaxy (GAL) Samoyedcoin (SAMO) These tokens are “available for trading on [their] API/FIX and ActiveTrader… Read More

August 8, 2022 @ 3:21 pm By Omar Faridi  |  

The cryptocurrency and blockchain industry faced headwinds in recent months as May’s collapse of the Terra ecosystem took its toll on many other market participants. In June and July of this year, major crypto lending platforms (including Celsius, BlockFi, Voyager and Vauld) took drastic measures… Read More

August 5, 2022 @ 6:05 pm By Omar Faridi  |  

App.shapeshift.com is reportedly becoming a one-stop shop for “all things DeFi.” From being able to connect to our app with 200+ wallets (including Metamask, WalletConnect, and xDefi), to having the ability to buy and sell with the industry’s leading on and off ramps一now, it is… Read More

August 4, 2022 @ 10:07 pm By Omar Faridi  |  

Messari, a provider of crypto market intelligence products, announced its acquisition of the assets and business of Dove Metrics of Blackrose Capital. Dove Metrics is “a provider of fundraising data and intelligence for the crypto fundraising landscape.” Messari Vice President of Market Intelligence, Eric Turner,… Read More

August 4, 2022 @ 2:54 pm By Omar Faridi  |  

MEXC Global, a digital asset and cryptocurrency trading platform based in Estonia, has introduced the MX/USDT perpetual trading pair and supports 1-20x buying power “for long and short two-way trades, and this will significantly contribute to expansion of MX Futures and bring the MEXC ecosystem… Read More

August 4, 2022 @ 8:54 am By Omar Faridi  |  

Binance, which claims to be the world’s leading blockchain ecosystem behind the largest cryptocurrency exchange, recently announced the appointment of its Co-Founder Yi He “as the new head of its venture capital (VC) arm and incubator, Binance Labs.” Binance CEO CZ (Changpeng Zhao) stated: “As… Read More

August 3, 2022 @ 11:14 pm By Omar Faridi  |  

Sygnum Bank announces that it has expanded its bank-grade staking offering with Cardano (ADA), the eighth-largest protocol by market cap (at the time of writing). Clients can “conveniently and securely stake Cardano through Sygnum’s institutional-grade banking platform to generate staking rewards.” Cardano (ADA) joins Sygnum’s… Read More

August 3, 2022 @ 10:07 pm By Omar Faridi  |  

Aaron Schnarch, Vp of Product, Custody at Coinbase (NASDAQ:COIN), explains that Coinbase Prime provides institutions “with an end-to-end staking experience.” Clients can “create a wallet, decide how much to stake, and initiate staking from the ETH asset page on their Coinbase Prime account.” Securing client funds… Read More

August 3, 2022 @ 9:22 pm By Omar Faridi  |  

Philcoin’s staking rewards are now live. Philcoin is described as “a philanthropic blockchain movement.” Philanthropy and giving back have been “built into the very fabric of [their] company — from [their] business model, to [their] culture, technology and community rewards.” Their staking mechanism is “the… Read More