Tagged: digital assets

Stratos Jets Charters Inc to Accept Crypto and Fiat Payments via FTX US Partnership

FTX US, a US-regulated crypto exchange, announced that it has entered into a partnership agreement with Stratos Jets Charters Inc, a private jet charter broker based in Orlando, Florida. Via this partnership, Stratos will be accepting payments in crypto and fiat via the FTX Pay… Read More

Privacy and Anonymity focused Zcash (ZEC) Is Now Available for Trading on Okcoin

Zcash, a cryptocurrency focused on privacy and anonymity, is currently available to trade on Okcoin – “with some of the lowest fees around.” Customers are able to “deposit, withdraw, and trade ZEC against USD on Okcoin.” All Okcoin clients may perform transactions with Zcash including… Read More

Digital Asset Platform CoinList Announces Agoric Token Sale

The team at digital asset platform CoinList notes that they are pleased to announce that registrations for the Agoric Token Sale are currently open. Agoric is a proof-of-stake or PoS chain utilizing JavaScript smart contracts to quickly create and launch decentralized applications (dApps). The sale… Read More

Micropayment Platform Dropp Appoints Finance Veterans to Its Advisory Board

Dropp, which claims to be a cost-effective, digital micropayment transaction platform enabling payments both in fiat currency and cryptocurrency, announced new appointments: Richard Re and Robert Flohr. The duo will join Dropp’s advisory board comprising top Cloud computing and Fintech professionals. Dropp CEO and Founder… Read More

DeFinity Teams Up with Market Infrastructure Provider Cobalt to Support Real-Time FX Clearing, Credit Management of Trades

DeFinity, an institutional digital asset ECN and DeFi marketplace for fiat FX, cryptocurrencies and central bank digital currencies, has teamed up with Cobalt, a market infrastructure provider that’s focused on ‘re-engineering the institutional FX and digital asset markets to facilitate real-time clearing, settlement and dynamic… Read More

SWIFT to Explore Tokenized Assets, May Expand Network into Digital Asset Market

Working with Clearstream, Northern Trust, SETL and others, SWIFT plans experiments in Q1 2022 in order to “explore how it can support interoperability in the development of the tokenized asset market.” Relative to digital currencies and stablecoins, the current market cap of tokenized assets is… Read More

Digital Asset Firm Kraken Acquires Staked to Promote Growth and Resilience

Kraken, which claims to be one of the largest digital asset platforms, announced it has acquired Staked for “an undisclosed sum.” Staked is described as a non-custodial staking platform that “enables investors in Proof-of-Stake networks to easily and securely compound their holdings.” According to an… Read More

Manasquan Bank Chooses Bakkt to Provide Clients Access to Digital Assets

Bakkt Holdings, Inc. (NYSE: BKKT), a digital asset platform that enables consumers to purchase, sell, send and spend various cryptocurrencies, announced that Manasquan Bank, a NJ-headquartered mutual community bank with total consolidated assets of $2.7 billion, will be “participating in its early adopter program, which,… Read More

Berlin’s Swarm Markets to Offer Decentralized OTC Trading for Institutional Clients

Berlin-headquartered Swarm Markets GmbH, which claims to be the first regulated “decentralized” financial infrastructure provider, announced that it will launch a peer-to-peer contract for “high value transactions in Q1 2022.” The so-called dOTC service “empowers institutions and professional investors to use the first regulated crypto… Read More

Digital Asset Manager CoinShares Reports Largest Weekly Outflows on Record Totaling $142M

James Butterfill, Investment Strategist at London-based CoinShares, a digital asset manager focused on expanding access to the cryptocurrency ecosystem while serving as a “trusted partner” for its clients, notes in a blog post published on Monday (December 20) that for the week ending December 17,… Read More

Digital Asset Firm Coinbase Announces Community Analyst Program

Coinbase (COIN: Nasdaq) is pleased to confirm the introduction of the Community Analyst Program (or the CAP Program). As explained in a blog post by Coinbase, this is a great way for students, professionals and community members who share their “core beliefs” to contribute to… Read More

Digital Asset Firm Kraken Announces Support for Avalanche (AVAX) Trading

Digital assets firm Kraken notes that they’re pleased to confirm that their cryptocurrency trading platform now supports the Avalanche (AVAX) C-Chain. Funding and Trading Funding is currently live, and trading is scheduled to start on Tuesday, December 21, 2021 — at which point Kraken will… Read More

Recent Bitcoin Mining Revenue Declines but Miner Economics May Improve from Previous Year-End Estimates: Report

BitOoda, an international digital asset financial technology & services platform offering risk management solutions, best-execution brokerage & expert market analysis, notes that Bitcoin declined 3.3% week-on-week, settling at around $48,830 as of midnight UTC on December 15, but has now dropped further to about $46,300 at… Read More

BitGo to Support Avalanche Tokens, Further Expanding Access to Fast-Evolving DeFi Ecosystem

BitGo, the provider of digital asset financial services, now supports the Avalanche (AVAX) native token and assets launched natively on Avalanche’s C-Chain “across its custody and hot wallet products.” As mentioned in the update, this gives BitGo’s clients the “most secure and reliable way to… Read More

Nuvei Partners with FTX to Offer Instant Payment Solutions on One of the Largest Crypto Exchanges

Nuvei Corporation (Nasdaq: NVEI) (TSX: NVEI), the international payment tech partner of major brands, announced that it has entered into a partnership with FTX Trading LTD, which is the owner and operator of FTX.COM, a global crypto exchange. This partnership with Nuvei will allow FTX… Read More

Deutsche Börse Finalizes Acquisition of Majority Stake in Crypto Finance

Deutsche Börse has completed the acquisition of a majority stake in Crypto Finance, a FINMA-regulated provider of trading, custody, and investment services for digital assets. The agreement was “signed in June, and closing was on 15 December 2021,” the announcement confirmed. The acquisition lays the… Read More

Balancer Introduces Aave Boosted Pools to Enhance Liquidity Provider or LP Yields

Balancer Labs has announced the launch of Boosted Pools. Boosted Pools aim to “solve for decreased capital efficiency with yields on tokens deposited into Automated Market Maker Pools.” The first iteration of this product will be with Balancer’s “close collaborator, lending protocol Aave.” Fernando Martinelli,… Read More

Fintech Platform Ramp Acquires $10.1M to Make Cryptocurrency More Accessible and Useful

The team at Ramp is pleased to confirm that they have secured $10.1 million in funding to take the platform to the next level and “continue pushing the frontier of what’s possible in the crypto space.” Ramp’s management noted that their seed round was led… Read More

Ledn Celebrates $70M Series B, Plans Unique Crypto-Backed Mortgage

Ledn, a global digital asset savings and credit platform, today announced it successfully raised $70 million in a Series B funding round which brings its valuation to $540 million. 10T Holdings led the round while Golden Tree Asset Management, Raptor Group and FJ Labs were… Read More

ID Verification Firm Trulioo Announces New Customers that are Focused on Providing Solutions for Crypto Industry

Trulioo, the global identity verification service provider, has announced six new customers in the crypto industry: Centbee, GMO Trust, Omni Matrix, Skilling, Strike Protocols and Vintech Capital. GlobalGateway is one of the largest marketplaces for digital identity data and services, enabling organizations to “deploy identity… Read More

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