Tagged: digital assets

May 18, 2021 @ 2:29 pm By Omar Faridi  |  

Nate Maddrey and the Coin Metrics team have noted in their latest State of the Network Report that after Elon Musk helped drive the Bitcoin (BTC) price to around $60,000 (three months back), he’s now managed to send the volatile digital currency markets in the opposite… Read More

May 18, 2021 @ 12:00 pm By Omar Faridi  |  

James Wang, an experienced crypto analyst who says that Ethereum (ETH) could be the “last investment of your life,” points out that the world’s largest smart contract platform isn’t merely a cryptocurrency. Wang explains that Ethereum is a complete software platform with a rapidly increasing… Read More

May 18, 2021 @ 6:50 am By Omar Faridi  |  

UK-headquartered money app provider Ziglu, which was developed by Mark Hipperson, a founder of Starling Bank, and enables clients to purchase, hold and sell various digital currencies, is reportedly expanding its list of supported crypto-assets it offers with Chainlink (LINK). The addition of LINK, which… Read More

May 17, 2021 @ 5:49 pm By Omar Faridi  |  

The Federal Deposit Insurance Corp. (FDIC), which is one of two agencies that offers deposit insurance to depositors in US depository institutions (the other being the National Credit Union Administration, which regulates and insures credit unions based in the US), will reportedly be asking for details… Read More

May 17, 2021 @ 12:55 pm By Samantha Hurst  |  

    US-based digital assets firm Gemini announced on Monday the waitlist of its highly anticipated crypto credit card has officially reached 250,000 signups. As previously reported, Gemini revealed it has teamed up with Mastercard as the exclusive card network to offer various features for the upcoming… Read More

May 17, 2021 @ 10:52 am By Samantha Hurst  |  

  Samsung Electronics recently announced blockchain users may now manage and trade virtual assets from third-party wallets on the Samsung Galaxy smartphones. According to Samsung, the new update makes it easier for blockchain users to access and process transactions by importing virtual assets stored on… Read More

May 16, 2021 @ 9:57 pm By Omar Faridi  |  

Diogo Mónica, Co-Founder and President at Anchorage Digital, a leading crypto platform for institutional investors, has revealed that clients will now have the option to hold five additional decentralized finance (DeFi) tokens “in the security of the Anchorage platform.” The new DeFi tokens reportedly include… Read More

May 16, 2021 @ 11:57 am By Omar Faridi  |  

Tether, the world’s largest stablecoin issuer, recently published a detailed Breakdown of its Reserves. Tether Holdings Ltd has shared the breakdown of the different categories of assets that form “the basis” of Tether’s issued USDT token reserves (at March 31, 2021). Tether‘s management noted that… Read More

May 14, 2021 @ 9:35 am By Samantha Hurst  |  

  BitcoinPoint, a UK-based Bitcoin buying platform, has quickly secured its initial £100,000 funding target through its equity crowdfunding on Crowdcube and is now nearing £200,000. The investment round has already attracted close to 400 Crowdcube investors. Founded in 2017, BitcoinPoint stated that its in-house software… Read More

May 14, 2021 @ 7:38 am By Omar Faridi  |  

Digivault, the “secure” digital asset custody business of Nasdaq listed Diginex Limited (Nasdaq: EQOS), has reportedly become the “first” stand-alone crypto custodian to receive approval from the UK Financial Conduct Authority (FCA) in order to register as a custodian wallet provider “under the Money Laundering,… Read More

May 13, 2021 @ 11:27 pm By Omar Faridi  |  

Huobi Group, a global blockchain firm, revealed on Thursday (May 13, 2021) that it has introduced Huobi Ventures, which is a “wholly-owned” subsidiary focused on expanding Huobi’s venture investment portfolio. Huobi Ventures will also be supporting “innovative” blockchain or distributed ledger tech (DLT) initiatives via… Read More

May 13, 2021 @ 7:54 am By Omar Faridi  |  

Bitcoin (BTC) lost considerable ground in April 2021, however, Ethereum (ETH) and other altcoins soared high, OKEx reports in a comprehensive crypto market update. April 2021 finally broke BTC’s winning streak “despite it being a historically positive month for price action,” the report from OKEx… Read More

May 12, 2021 @ 9:37 pm By Omar Faridi  |  

Robo-advisor AQUMON has launched SmartGlobalX, which is described as a “smart” Bitcoin exchange-traded-fund (ETF) investment portfolio. It integrates SmartGlobal algorithms with a Bitcoin ETF in order to allow customers to invest in securitized digital assets, starting from as low as $1,000. AQUMON’s management noted that… Read More

May 12, 2021 @ 3:05 pm By Samantha Hurst  |  

  U.S.-based digital assets firm Gemini announced on Tuesday it now has more than $30 billion in crypto under custody. Gemini reported that it more than tripled its crypto under custody since the beginning of 2021. Gemini also revealed details about other milestones it recently made: “We serve… Read More

May 11, 2021 @ 8:21 pm By Omar Faridi  |  

The team at BitOoda, a global digital asset financial technology and services platform offering risk management solutions, best-execution brokerage and market analysis, has released their Weekly Hash Report (dated 5/10/2021). As mentioned in the report from BitOoda, Bitcoin (BTC) surged 3% week on week (WoW), “reaching… Read More

May 11, 2021 @ 7:37 pm By Omar Faridi  |  

Beginning on Monday (May 10, 2021), digital asset firm Coinbase will be supporting Internet Computer (ICP) at Coinbase.com (for retail traders) and via the Coinbase Android and iOS apps as well. Coinbase clients now have the option to purchase, sell, convert, send, receive, or store… Read More

May 11, 2021 @ 10:35 am By Samantha Hurst  |  

OKEx announced on Tuesday the listing of SHIB, the first native crypto asset of the Shiba Inu network. According to OKEx, deposits of SHIB opened over the weekend, and the token can now be traded against USDT on the OKEx spot and perpetual swap markets…. Read More

May 11, 2021 @ 7:41 am By Omar Faridi  |  

Digital bank Revolut, one of the fastest-growing Fintechs with over 15 million customers, revealed on May 11, 2021, that it has integrated with Elliptic, a provider of digital asset risk management and blockchain analytics software. This partnership should allow Revolut to expand its cryptocurrency offering…. Read More

May 10, 2021 @ 9:34 pm By Omar Faridi  |  

Digital asset firm Kraken recently published a report that explains how to safely and securely store your cryptocurrency holdings. Kraken notes in its report that if you’ve recently purchased some crypto-assets, then you might feel uneasy after hearing about the many horror stories of investors… Read More

May 10, 2021 @ 2:58 pm By Omar Faridi  |  

Digital asset platform CoinList recently announced the Centrfuge Token Sale. CoinList‘s management noted (on May 6, 2021) that they’re pleased to  confirm that the registrations for the Centrifuge sale on CoinList is now open. As noted by the CoinList team, the sale has two options… Read More