Tagged: digital assets

May 1, 2021 @ 11:17 am By Omar Faridi  |  

Andreessen Horowitz, one of Silicon Valley’s most high-profile VC companies that invests in “software eating the world,” is reportedly planning or looking into establishing a new fund of around $1 billion. According to a report from the FT, this new fund would make strategic investments… Read More

May 1, 2021 @ 9:33 am By Omar Faridi  |  

Grayscale, a global leader in digital currency asset management that provides single asset and diversified exposure via private and public funds, has provided updates (as of April 30, 2021) on its total assets under management (AUM), holdings per share, and market price per share for… Read More

April 30, 2021 @ 1:50 pm By Samantha Hurst  |  

      U.S.-based cryptocurrency exchange PayBito announced on Thursday it has crossed $2 billion in its daily trading volume and is seeking to achieve $5 billion by the end of 2021. The latest milestone comes just a few months after PayBito announced it was experiencing record… Read More

April 30, 2021 @ 11:00 am By Samantha Hurst  |  

Bittrex, a cryptocurrency exchange based in the U.S., announced on Friday its integration with the DigitalBits blockchain mainnet, as well as its support for the DigitalBits ERC-20 token swap. The launch comes just after Bittrex recently listed both the Zytara dollar (ZUSD) and DigitalBits (XDB)… Read More

April 29, 2021 @ 7:17 pm By Omar Faridi  |  

California-based Fintech firm Wealthfront revealed on Wednesday (April 28, 2021) that it’s now offering new features for its investment portfolios that will allow its clients to make investments in a wider range of “carefully-vetted” exchange-traded-funds or ETFs and Socially Responsible Investing (SRI) options. According to… Read More

April 29, 2021 @ 10:04 am By Omar Faridi  |  

Jeremy Hogan, Parnter at Hogan & Hogan, reveals that CryptoLaw has shared American Fintech Ripple’s response to the US Securities and Exchange Commission’s (SEC) letter which is disputing (essentially) “parts of the Court Order” from earlier in April 2021 that are “related to internal communications.”… Read More

April 28, 2021 @ 8:43 pm By Omar Faridi  |  

Brian Kerr, Co-founder of Kava, has published a blog post in which he revealed that his team is introducing the Kava SAFU Fund (Security of Assets Fund for Users). Kerr noted in the update, dated Wednesday (April 28, 2021) that Kava SAFU Fund is an… Read More

April 28, 2021 @ 12:47 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 Tuesday (April 26, 2021) that “poor sentiment” for Bitcoin led… Read More

April 27, 2021 @ 11:37 pm By Omar Faridi  |  

Bitcoin (BTC) price dropped 4.2% week on week (WoW), but then managed to recover from a dip on April 26, 2021, to ~$47,000 back to $53,450, the BitOoda team noted in their latest market report. Bitcoin is trading at just over $54,500 at the time… Read More

April 27, 2021 @ 10:17 pm By Omar Faridi  |  

Dogecoin is now available for trading on crypto-asset exchange OKCoin, according to a blog post update from the company on April 26, 2021. Beginning on Tuesday (April 26), OKCoin users may purchase and sell Dogecoin (DOGE) via the  platform. DOGE will be “available to everyone”… Read More

April 27, 2021 @ 11:57 am By Samantha Hurst  |  

  US-based digital assets firm Gemini announced on Tuesday the details of its first-of-a-kind cryptocurrency rewards credit card, including a partnership with Mastercard and WebBank. The company reported that the credit card, which has more than 140,000 people on its waitlist, will be making its debut… Read More

April 27, 2021 @ 11:42 am By Samantha Hurst  |  

Bitstamp, a Luxembourg-based cryptocurrency exchange, announced on Tuesday it has surpassed $50 million in loan originations through Silvergate Capital Corporation’s (NYSE:SI) SEN Leverage product. Bitstamp reported it was the first digital currency organization to offer custody and collateral management though SEN Leverage. The platform has… Read More

April 27, 2021 @ 8:19 am By Samantha Hurst  |  

    Paxful, a leading peer-to-peer (P2P) Bitcoin (BTC) marketplace, announced on Tuesday its platform now has more than $5 billion has been traded to date on its platform and that it now has over six million users. Founded in 2015, Paxful describes itself as a… Read More

April 26, 2021 @ 11:06 pm By Omar Faridi  |  

Uppsala Security, a provider of tools for Crypto AML, Risk Management, Regulatory Compliance, and Cybersecurity revealed on Monday (April 26, 2021) that with assistance from Bithumb, one of South Korea’s leading digital asset exchanges, it has helped a victim to “recover approximately 20 million KRW”… Read More

April 26, 2021 @ 10:05 pm By Omar Faridi  |  

Digital asset exchange Poloniex revealed on April 25, 2021, that it’s pleased to welcome Dego Finance (DEGO) to its DeFi Innovation Zone. DEGO has reportedly joined over 100 other DeFi assets on Poloniex. Starting now (as of April 25), wallets are open and clients may… Read More

April 26, 2021 @ 12:00 pm By Omar Faridi  |  

PlasmaFinance has shared the details of SpacePort, its IDO launchpad for emerging crypto-related initiatives. Unlike other token launchpads, SpacePort claims it’s “fully decentralized” with “no central points of control.” As mentioned in a release shared with CI: “A flexible token launch platform, SpacePort empowers startups… Read More

April 26, 2021 @ 7:32 am By Omar Faridi  |  

Multi-asset investment platform eToro revealed on April 26, 2021 that it has launched a new thematic portfolio, called BitcoinWorldWide. Based on the firms in the value chain behind Bitcoin, the portfolio is meant to further promote adoption of the leading cryptocurrency. Dani Brinker, eToro’s head… Read More

April 25, 2021 @ 6:15 pm By Omar Faridi  |  

Blaine Malone, Senior Security Engineer at digital asset firm Kraken, notes that he joined Gemini in March 2020 when New York had closed due to the COVID-19 outbreak. Malone adds that luckily, he got the chance to spend a day in the office, however, he’s… Read More

April 25, 2021 @ 4:37 pm By Omar Faridi  |  

Sovereign governments could potentially be the next group to adopt digital assets, according to a report from crypto-assets firm Kraken. Kraken writes in an update that central bank digital currencies (CBDCs) might become “the latest, and perhaps most substantial tool, used to expand their monetary… Read More

April 25, 2021 @ 12:36 pm By Omar Faridi  |  

Crypto investors in Turkey have been dealing with major issues lately. Another major digital currency exchange has collapsed in the country and its CEO is being detained by authorities. Turkish crypto exchange Vebitcoin has suspended its operations and claims that it decided to do so… Read More