Tagged: digital assets

March 13, 2022 @ 4:50 pm By Omar Faridi  |  

Digital asset firm Kraken notes that following its listings of Bancor (BNT), The Graph (GRT), Livepeer (LPT), Loopring (LRC), Mirror Protocol (MIR), Sushi (SUSHI) and 1inch (1INCH) in most countries, the platform’s management is pleased to confirm that residents of the United States, Canada and… Read More

March 11, 2022 @ 12:23 pm By Omar Faridi  |  

Payments company Stripe supports cryptocurrency businesses, including digital asset trading platforms, online wallets, and (non-fungible token) NFT marketplaces. The new service will be provided in partnership with FTX and FTX US (the US-facing crypto exchange). The update was shared by Stripe co-founder John Collison via… Read More

March 10, 2022 @ 3:27 pm By Omar Faridi  |  

State Street Corporation (NYSE: STT) announced that State Street Digital, the company’s dedicated Digital unit, has entered into a licensing agreement with Copper.co, a London-headquartered provider of institutional digital asset custody and trading infrastructure. State Street Digital will “leverage Copper.co’s technology to develop and, subject… Read More

March 10, 2022 @ 2:43 pm By Tony Zerucha  |  

Paxos, a blockchain infrastructure platform, announced it has received in-principle approval from the Monetary Authority of Singapore (MAS) to operate digital payments token services under the Payment Services Act 2019. With this license, Paxos becomes one of the first blockchain services providers to meet the highest standard… Read More

March 10, 2022 @ 10:14 am By Omar Faridi  |  

In order to support victims of the unprovoked Russian invasion of Ukraine, digital asset firm Kraken is preparing an aid package distributing more than $10 million “directly to affected clients.” Beginning on March 10, 2022, and running until July 1, 2022, Kraken customers who created… Read More

March 10, 2022 @ 8:57 am By Omar Faridi  |  

The team at digital asset firm Okcoin is following on their announcement in December 2021 to launch “Crypto for All,” which is described as an initiative “aimed at democratizing knowledge and access to crypto.” Here are the initiatives that Okcoin is currently supporting and also… Read More

March 9, 2022 @ 9:14 am By Omar Faridi  |  

The team at Bain Capital is pleased to announce Bain Capital Crypto (BCC), their very first $560 million fund, and the launch of a new platform “to support the renegades and pioneers building the next generation of internet infrastructure.” The Bain Capital team also noted… Read More

March 8, 2022 @ 8:05 pm By Omar Faridi  |  

Bit.com, the “high-performance” digital currency exchange, will be partnering with TON (The Open Network) to form a “strategic” partnership to “develop, enhance and expand the TON Ecosystem.” The platform will be “utilizing its trusted security partner, Cactus Custody, to support TON’s native token custody by… Read More

March 7, 2022 @ 6:59 pm By Omar Faridi  |  

Luna Foundation Guard, which secured $1 billion to establish a Bitcoin reserve for the UST stablecoin, has confirmed that the funding would be channeled towards creating a new reserve that may serve as a release valve for UST redemptions at the time of selloffs in… Read More

March 7, 2022 @ 10:42 am By Omar Faridi  |  

Binance Labs, the VC division and innovation incubator of Binance, has reportedly invested $1.1 million in AlwaysGeeky Games, which is the creator of an NFT project called Voxies and game called Voxies Tactics. Binance Labs and AlwaysGeeky Games will “maintain a long-term partnership to further… Read More

March 7, 2022 @ 9:07 am By Omar Faridi  |  

Hong Fang, CEO at digital asset firm Okcoin, notes that it has been a really “tough week” for a lot of us, “especially those who are in Ukraine (and Russia), or have families affected by this invasion and horrible unrest.” Fang writes in a blog… Read More

March 6, 2022 @ 10:00 pm By Omar Faridi  |  

We recently caught up with Abhinav R. Soomaney, Founder and CEO at CryptoTax Pvt. Ltd. He talked about different tax aspects of cryptocurrency and blockchain-related investments. CryptoTax Pvt. Ltd. (CryptoTax) was incorporated in the year 2021 and claims to be the first cryptocurrency tax consultancy… Read More

March 6, 2022 @ 12:57 pm By Omar Faridi  |  

Electric Capital recently raised $1 billion to fund cryptocurrency networks, Web3 protocols, and blockchain-powered businesses. Electric Capital wrote in a blog post that they are long-term investors and partners to their founders. They claim to have spent the past four years “building software and data… Read More

March 5, 2022 @ 11:35 am By Omar Faridi  |  

The team at Blockchain.com, a provider of a crypto wallet, block explorer, and digital asset trading platform, notes that if you are new or just getting started with crypto taxes, then no need to worry because “so is everyone.” That’s why later this month, Blockchain.com… Read More

March 5, 2022 @ 7:55 am By Omar Faridi  |  

Polygon and Tether stablecoin are reportedly backing the City of Lugano in its effort to transform this lakeside town in southern Switzerland into Europe’s “blockchain capital.” Lugano will reportedly allow citizens and companies “to use Bitcoin, Tether, and the city’s own LVGA stablecoin to pay… Read More

March 4, 2022 @ 8:23 am By Omar Faridi  |  

January 2022 was a “turbulent” month for the cryptocurrency sector as market participants saw “a broad sell-off,” the team at Kraken noted in an update. Kraken wrote in a blog post that the “continued uncertainty about the proposed U.S. Fed rate hikes in March and… Read More

March 3, 2022 @ 8:27 am By Omar Faridi  |  

Dr. Emin Gün Sirer has a “major beef” with the crypto economy: “It’s not growing fast enough.” As mentioned in an update shared by Mastercard, Dr. Sirer is an early crypto innovator who co-founded the blockchain startup Ava Labs with the goal of digitizing the… Read More

March 2, 2022 @ 4:24 pm By Omar Faridi  |  

Digital asset firm Gemini is pleased to confirm that they are now supporting Solana (SOL) trading. Solana (SOL) is currently available for trading via their API/FIX and ActiveTrader apps for USD trading pairs, and on the Gemini Mobile App and website “for USD, GBP, EUR,… Read More

March 2, 2022 @ 11:06 am By Omar Faridi  |  

Crypto derivatives exchange BitMEX co-founder Arthur Hayes (who pleaded guilty to charges of violating the Bank Secrecy Act after being accused of willfully failing to establish, implement, and maintain anti-money laundering (AML) programs at BitMEX), notes that thankfully, (unlike many others around the world) his… Read More

February 28, 2022 @ 8:30 pm By Omar Faridi  |  

We recently connected with Neeraj Khandelwal, Co-founder of CoinDCX, one of India’s largest digital asset exchanges. As covered in August 2021, CoinDCX turned into India’s first crypto unicorn following a $90 million investment round led by Facebook Inc. co-founder Eduardo Saverin and B Capital Group… Read More