Tagged: digital assets

June 23, 2021 @ 8:46 pm By Omar Faridi  |  

Bakkt has introduced its own Visa debit card in order to maximize customers’ ability to spend digital assets, the company revealed on Tuesday (June 22, 2021). Bakkt Card lets clients use Bitcoin (BTC) for making online and in-store purchases, which should help with expanding the… Read More

June 23, 2021 @ 8:37 pm By Omar Faridi  |  

The Ontario Securities Commission (OSC) announced on June 21, 2021 that it has taken action against “non-compliant” international cryptocurrency trading platform, Bybit. The OSC released a Statement of Allegations against Bybit Fintech Limited for “failing to comply with Ontario securities law.” Bybit is incorporated in… Read More

June 23, 2021 @ 3:55 pm By Omar Faridi  |  

Elliptic, the leader in crypto-asset risk management solutions, revealed on Tuesday (June 22, 2021) that it has completed a pilot with Banco Santander in identifying or detecting suspicious activity linked to digital assets. As mentioned in a release, this pilot is “helping Santander understand the… Read More

June 23, 2021 @ 10:57 am By Omar Faridi  |  

Diogo Mónica, Co-founder and President of Anchorage, notes that Anchorage Digital is pleased to confirm custody and staking support for Flow (FLOW). Diogo writes in a blog post, dated Tuesday (June 22, 2021), that for as long as Anchorage has existed as a company, it… Read More

June 21, 2021 @ 7:35 pm By Omar Faridi  |  

Augmentum Fintech plc (LSE: AUGM), the UK’s only publicly listed investment firm that’s focused on the Fintech industry, has made a $10 million (c. £7.3 million) investment into Helsinki based Tesseract Group Oy, marking Augmentum’s first investment into Finland. As noted in a release shared… Read More

June 21, 2021 @ 9:26 am By Omar Faridi  |  

BBVA Switzerland has opened its Bitcoin trading service to all private banking customers. After six months of in-house testing with a certain group of users, BBVA Switzerland has decided to make its first digital asset trading and custody service accessible to all its private banking… Read More

June 20, 2021 @ 5:51 pm By Omar Faridi  |  

Digital asset firm Kraken is pleased to confirm that they’re listing Solana (SOL) and Serum (SRM) along with staking support for Solana (SOL) “with up to 6.5% in yearly rewards.” As noted in the announcement from Kraken, deposits and withdrawals for SOL, SRM tokens are… Read More

June 20, 2021 @ 3:16 pm By Omar Faridi  |  

The team at digital asset firm Gemini notes that they are adding trading support for a new set of decentralized finance (DeFi), infrastructure, and data management tokens. Gemini is adding Alchemix (ALCX), Ankr Network (ANKR), Fantom (FTM), Mirror Protocol (MIR), API3 (API3), and DerivaDAO (DDX)…. Read More

June 16, 2021 @ 11:15 pm By Omar Faridi  |  

The team at digital asset firm Coinbase (NASDAQ:COIN) notes that beginning today Tuesday (June 15, 2021), users may transfer Chiliz (CHZ), Keep Network (KEEP) and Shiba Inu (SHIB) tokens to their Coinbase Pro accounts ahead of scheduled trading. The Coinbase team notes that support for… Read More

June 16, 2021 @ 4:29 pm By Omar Faridi  |  

Diginex Limited (Nasdaq: EQOS), the digital asset financial services firm, has revealed that it’s unifying its businesses under the EQONEX brand. As mentioned in a release shared with CI, the rebrand aims to bring together under the EQONEX Group brand, its virtual currency exchange, custody… Read More

June 16, 2021 @ 10:30 am By Omar Faridi  |  

Meltem Demirors, the Chief Strategy Officer at CoinShares, one of the largest digital asset managers in the world, notes that billionaire hedge fund manager Paul Tudor Jones recommends a 5% allocation to Bitcoin (BTC) as an “effective portfolio diversifier.” 1/ paul tudor jones suggests a… Read More

June 16, 2021 @ 7:53 am By Omar Faridi  |  

Digital asset investing app provider Change has acquired $4.5 million in capital from 50 private investors at a $214 million valuation. The funds were secured through crowdfunding. Change is reportedly backed by more than 7,000 private investors. The crypto investment app developer says it will… Read More

June 15, 2021 @ 11:53 am By Omar Faridi  |  

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 (June 14) that for the week ending June 14,… Read More

June 15, 2021 @ 3:17 am By Omar Faridi  |  

The Basel Committee on Banking Supervision, the main international standard-setter for the prudential regulation of banks and provides a forum for regular cooperation on banking supervisory matters (with 45 members comprising central banks and bank supervisors from 28 jurisdictions), has initiated a public consultation on… Read More

June 14, 2021 @ 10:47 pm By Omar Faridi  |  

BC Technology Group, a digital asset and Fintech-focused firm as well as the parent of OSL, has acquired a $70 million (appr. HKD 543.19 million) investment from Singapore’s GIC, the city-state’s sovereign wealth fund. BC Technology Group says it’s planning to further develop and improve… Read More

June 14, 2021 @ 10:37 pm By Omar Faridi  |  

Tyler Winklevoss, CEO at digital asset firm Gemini, recently noted that the company is pleased to confirm that they have completed the acquisition of Shard X, a developer of secure multi-party computation (MPC) cryptographic technology. As mentioned in the announcement, Gemini will be integrating Shard… Read More

June 14, 2021 @ 10:08 pm By Omar Faridi  |  

Digital asset firm Kraken notes that customers looking to support their “favorite” Kusama projects can now, “for the first time,” take part in Parachain Slot Auctions (or “Parachain Auctions”) directly via the Kraken platform. Kusama is described as a “scalable” network of specialized or purpose-built… Read More

June 12, 2021 @ 11:59 am By Omar Faridi  |  

2020 was a really important breakout year for Bitcoin (BTC), as an influx of institutional capital “spurred” the digital asset to set new all-time highs, Chainalysis notes while pointing out that many individuals and countries may have benefited from the booming prices in the crypto… Read More

June 12, 2021 @ 10:06 am By Omar Faridi  |  

Global Fintech Circle is now providing what it claims to be a “market-leading” Yield product developed on major stablecoin USDC. The new product is currently available for certain clients through an Early Access Program, the Circle team confirmed in a recent blog post. As mentioned… Read More

June 11, 2021 @ 4:21 pm By Omar Faridi  |  

OKEx, a leading digital currency spot and derivatives exchange, recently announced that it has completed the integration of Polygon, a full-stack scaling solution allowing more Ethereum (ETH)-compatible apps to be developed and connected. OKEx is reportedly one of the first crypto exchanges to integrate this… Read More