Tagged: digital assets

June 1, 2022 @ 11:56 am By Omar Faridi  |  

KuCoin, which claims to be a “leading” global cryptocurrency trading platform, has launched its “brand-new” decentralized product — KuCoin Wallet, with its website “going live for users to access the service starting June 1st.” The official app of KuCoin Wallet is also expected “to launch… Read More

June 1, 2022 @ 7:40 am By Omar Faridi  |  

Fireblocks, which claims to be the industry “leader” focused on digital asset and crypto technology, announced that it has appointed the former Head of Fintech at the Bank of England, Varun Paul, “as its new Central Banking Digital Currency (CBDC) and Market Infrastructure Director.” In… Read More

May 31, 2022 @ 11:37 pm By Omar Faridi  |  

Merge has secured $9.5 million in capital via a seed round in order to create its API-powered banking and payments solution, effectively bridging the gap between fiat and cryptocurrency-based ecosystems. Merge aims to address the ongoing struggle that many firms in the crypto economy face… Read More

May 31, 2022 @ 3:07 pm By Omar Faridi  |  

The team at digital asset firm Kraken says they are pleased to announce that their crypto trading platform now supports Alchemy Pay (ACH), IDEX (IDEX) and Request (REQ). Funding is live, and trading will “begin on May 31 at approximately 14:30 UTC.” You may keep… Read More

May 30, 2022 @ 4:47 pm By Omar Faridi  |  

Current fixed-rate products available in the Decentralized Finance (DeFi) industry are a critical component in the financial derivatives market; but drawbacks, “such as low interest rates, intense competition and lower overall attractiveness to investors remain,” according to an update from Huobi. A revamp that consists… Read More

May 29, 2022 @ 4:59 pm By Omar Faridi  |  

Blockware Solutions (BWS), which claims to be an industry “leader” in blockchain infrastructure and Bitcoin mining, is pleased to form a partnership with SEVA. Blockware Solutions has initiated a large-scale 150-megawatt development “to expand its Bitcoin mining operations in SunPark, an extension of Rock Creek… Read More

May 28, 2022 @ 7:10 pm By Omar Faridi  |  

LevelField Financial, the U.S. financial services firm uniting digital assets and traditional banking services in one “trusted” platform, has selected METACO, the provider of digital asset custody orchestration technology “to complex, global financial institutions.” LevelField is deploying its institutional digital asset management operations on IBM… Read More

May 28, 2022 @ 6:26 pm By Omar Faridi  |  

Tether Operations Limited, the company operating the blockchain-enabled platform tether.to that “powers the largest stablecoin by market capitalization of over US $73 billion,” has launched Tether tokens (USDt) on Polygon (formerly MATIC), “a leading blockchain development platform.” The addition of Tether to the Polygon ecosystem… Read More

May 28, 2022 @ 1:56 pm By Omar Faridi  |  

Israeli blockchain firm StarkWare, which offers a cryptographic compression service, has managed to quadruple its latest valuation during just the past six months. Starkware confirmed that it finalized a $100 million Series D round that had been led by Greenoaks Capital as well as Coatue,… Read More

May 28, 2022 @ 1:51 pm By Omar Faridi  |  

Bit.com, a digital currency exchange with up to 50X leverage on perpetual futures, is pleased to announce that it now supports the depositing and withdrawal of TONCOIN, “the native token of the TON Protocol, on its native blockchain, and will introduce a 200% APY on… Read More

May 27, 2022 @ 8:40 am By Omar Faridi  |  

Elliptic, an international firm focused on crypto-asset risk management, has announced J.P. Morgan as an additional investor “as part of its recent $60 million Series C funding round led by Evolution Equity Partners and including SoftBank Vision Fund 2, AlbionVC, Digital Currency Group, Wells Fargo… Read More

May 26, 2022 @ 11:56 pm By Omar Faridi  |  

CoinDCX, which claims to be one of India’s largest and the “most valuable” crypto companies, has announced the launch of its new crypto yield program, ‘Earn’, which is described as a new way for CoinDCX’s customers “to put their crypto to work and earn interest… Read More

May 26, 2022 @ 10:35 pm By Omar Faridi  |  

DeFiYield.app, a cross-chain decentralized security network and multi-chain digital asset management platform, announced that it has added Cardano-based DeFi protocols SundaeSwap and Minswap to its platform – “making it the first ever yield farming dashboard to integrate with the Cardano blockchain.” The new offering will… Read More

May 26, 2022 @ 6:55 pm By Omar Faridi  |  

Thanks to the integration, 1INCH holders will be able “to book millions of products on the leading crypto-friendly travel website.” In a move set to boost the 1INCH token adoption, the 1inch Network is pleased to announce a partnership with Travala.com, which claims to be… Read More

May 26, 2022 @ 7:12 am By Omar Faridi  |  

  London-based Nickel Digital Asset Management (Nickel), a regulated crypto hedge fund manager, has “outperformed the S&P500 since January 2020, despite the initial strong performance of equities during the COVID period.” As noted in an update shared with CI, its Digital Asset Arbitrage Fund had… Read More

May 26, 2022 @ 3:07 am By Omar Faridi  |  

Zumo, the Edinburgh-based crypto wallet and payments platform, has announced the launch of Zumo Enterprise, its new B2B ‘Crypto-as-a-Service’ solution that “enables companies to offer crypto products and services to their customers.” The “first of its kind” in the UK, Zumo Enterprise is “the market’s… Read More

May 25, 2022 @ 10:19 pm By Omar Faridi  |  

Babel Finance, the wholesale crypto financial services provider, recently announced the completion of a $80 million Series B financing round “at a valuation of $2 billion.” The main investors in this investment round “include Jeneration Capital and 10T Holdings, as well as existing shareholders Dragonfly… Read More

May 25, 2022 @ 10:43 am By Omar Faridi  |  

Bitfrost, the fintech ecosystem that supports financial institutions in their adoption and management of digital assets, announced its successful registration “as a Virtual Assets Service Provider (VASP) with the Gibraltar Financial Services Commission (GFSC).” Now, Bitfrost can “provide clients with access to fiat-to-crypto, crypto-to-fiat and… Read More

May 25, 2022 @ 10:30 am By Omar Faridi  |  

Global Blockchain Business Council – the international industry association for the blockchain technology ecosystem – has announced a merger with market standards association for the adoption of cryptocurrencies and digital assets, Global Digital Finance (GDF). The merger sees the two organizations “join their respective resources,… Read More

May 25, 2022 @ 9:28 am By Omar Faridi  |  

Since the advent of computing in the 1940s, there has been a “major computing cycle” every 10-15 years, including PCs in the ‘80s, the internet in the ‘90s, and mobile computing in the ‘00s. The team at Andreessen Horowitz believes that blockchains will “power the… Read More