Tagged: digital assets

June 2, 2021 @ 3:40 pm By Omar Faridi  |  

BSCstarter recently announced that it has rebranded to introduce a four-part ecosystem for initial DEX offerings (IDOs). As noted in a release shared with CI, BSCstarter is rebranding as Starter, which is a decentralized, cross-chain IDO Launchpad with four separate (or independent) components designed to… Read More

June 2, 2021 @ 2:24 pm By Omar Faridi  |  

The cryptocurrency market has really been tested during the past few weeks following “a cascade of negative news,” the Coin Metrics team notes in its latest report. The resulting crypto market price crash has also been “a big test” for stablecoins, which are becoming a… Read More

June 2, 2021 @ 10:32 am By Samantha Hurst  |  

  SC Ventures, the venture unit of Standard Chartered Bank, announced on Wednesday it has joined forces with digital asset company BC Group to establish digital asset brokerage and exchange for institutional, as well as corporate clients, in the UK and Europe. According to the… Read More

June 1, 2021 @ 1:47 pm By Samantha Hurst  |  

  Mogo Inc. (NASDAQ: MOGO) (TSX: MOGO) a Canada-based digital payments and financial technology company, announced on Tuesday it is set to acquire additional 2.0% of the outstanding common shares of cryptocurrency platform, Coinsquare.  The acquisition was announced just a little over a month after Coinsquare… Read More

June 1, 2021 @ 12:35 pm By Omar Faridi  |  

Digital asset firm Coinbase (NASDAQ:COIN) announced on Monday (May 31, 2021) that it has unlocked stable (stablecoin) pair trading. Crypto exchange Coinbase says its mission is to “increase economic freedom in the world.” According to the company that recently went public, an open financial system… Read More

June 1, 2021 @ 9:53 am By Samantha Hurst  |  

    Xcoins, a cryptocurrency exchange platform, announced on Monday it received its Class 3 Virtual Financial Asset (VFA) License issued by the Malta Financial Services Authority (MFSA). The company claims it was one of the first cryptocurrency exchanges to receive these permissions from MFSA…. Read More

June 1, 2021 @ 7:35 am By Omar Faridi  |  

UK based money app Ziglu, which has been developed by Mark Hipperson, one of the founders of Starling Bank, reveals that it will be introducing an investment product offering that will provide an interest rate of 5% APY. Called Sterling Boost, the product will be… Read More

May 31, 2021 @ 4:44 pm By Omar Faridi  |  

Digital banking Unicorn Revolut reveals that May 2021 could potentially have been its best month ever in terms of product updates and overall progress. The Revolut team notes in a blog post that they introduced Version 8.0 of their Fintech app which added new Gift… Read More

May 31, 2021 @ 11:27 am By Omar Faridi  |  

Hong Kong’s Financial Services and the Treasury Bureau (FSTB) has published a paper that reveals the key findings and conclusions reached after a consultation on a proposed licensing requirement for digital asset trading platforms. Hong Kong‘s government has reportedly proposed certain regulatory changes in order… Read More

May 31, 2021 @ 10:17 am By Omar Faridi  |  

Major banking institutions in the UK like Barclays have decided to block or prevent their clients from transferring money to virtual currency exchanges. Digital banking Fintechs such as Monzo and Starling Bank have also been cracking down on crypto-related entities and transactions they may be… Read More

May 29, 2021 @ 5:09 pm By Omar Faridi  |  

Digital asset firm Kraken says it’s pleased to confirm that deposits and withdrawals for Mina (MINA) are “now open” as of Friday (May 28, 2021). Kraken noted in a blog post that trading is scheduled to launch on June 1, 2021 at “approximately 00:00 UTC.”… Read More

May 29, 2021 @ 3:26 pm By Omar Faridi  |  

CoinShares (Nasdaq First North Growth Market: CS), Europe’s largest digital asset investment firm with $3.7B in AUM, as of May 27, 2021, recently revealed that it has made an investment in Viridi Funds (Viridi), an “emerging” fund manager. CoinShares‘ management noted that it will be… Read More

May 28, 2021 @ 10:17 am By Omar Faridi  |  

Digital asset firm OKEx, which claims to be the world’s largest spot and futures trading platform for cryptos, has clarified that China has not actually banned or attempted to ban Bitcoin (BTC) again. While sharing what they know, the OKEx team noted in a blog… Read More

May 28, 2021 @ 8:53 am By Samantha Hurst  |  

Wave Financial Group, a diversified holding investment and asset management firm that is focused on digital assets and blockchain technology, announced on Thursday it has surpassed $500 million of AUM for the first time since its founding in 2018. Wave stated it provides institutional and… Read More

May 27, 2021 @ 9:47 pm By Omar Faridi  |  

Blockchain analysis firm Chainalysis has published a report, titled The Crypto Maturity Model: How Traditional Finance Can Adopt Cryptocurrency in Stages. Chainalysis notes that during the past year, cryptocurrency has become a “more mainstream” asset class, with an inflow of institutional money driving Bitcoin (BTC)… Read More

May 27, 2021 @ 7:29 pm By Omar Faridi  |  

Decred (DCR), a digital currency that focuses on and prioritizes security and scalability, has announced (on May 27, 2021) the initial integration of its decentralized exchange, DCRDEX, into its Decrediton wallet. DCRDEX, which was first available via the command line interface (CLI), has managed  to… Read More

May 27, 2021 @ 1:29 pm By Samantha Hurst  |  

    Talos, a U.S.-based institutional technology provider for digital asset trading, today announced the completion of a $40 million Series A investment round, which was led by Andreessen Horowitz with participation from PayPal Ventures, Fidelity Investments, Galaxy Digital, Elefund, Illuminate Financial, and STEADFAST Capital… Read More

May 27, 2021 @ 2:19 am By Omar Faridi  |  

The team at Bitcoin (BTC) focused firm Casa notes that by now, we all (or at least those who follow the crypto space) should be familiar with the concept of “not your keys, not your coins.” Casa writes in a blog post that many explainer… Read More

May 26, 2021 @ 11:21 pm By Omar Faridi  |  

Nate Maddrey and the Coin Metrics research team notes that during the past two weeks, crypto was hit by a “double tsunami” of seemingly negative news. Tesla (NASDAQ:TSLA) and SpaceX CEO Elon Musk announced that Tesla would no longer be taking Bitcoin payments while adding… Read More

May 26, 2021 @ 11:10 pm 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 Tuesday (May 24) that for the week ending 24 May… Read More