Tagged: digital assets

April 24, 2021 @ 1:25 pm By Omar Faridi  |  

Brandon Iles, Co-founder at Ampleforth, a digital asset protocol for synthetic commodity money, notes that the launch of the FORTH governance token is an “important step” for the initiative’s path toward “decentralization.” Iles has commented on the basics of how the FORTH governance token works,… Read More

April 23, 2021 @ 9:46 pm By Samantha Hurst  |  

BitGo, a digital asset financial services provider, announced on Friday it was awarded a contract to custody digital assets for the U.S. Marshals Service (USMS).  BitGo reported that through BitGo Trust Company it will secure digital assets for the USMS with the highest level of… Read More

April 23, 2021 @ 10:31 am By Omar Faridi  |  

Bitcoin (BTC) dominance recently dropped to 50.2% (but has increased slightly to 50.7% at the time of writing) for the first time since July 2018, Bloqport reports. Bitcoin dominance represents the total share of the digital assets market that BTC claims. Notably, the BTC price… Read More

April 23, 2021 @ 6:48 am By Samantha Hurst  |  

      BitGo, a digital asset financial services provider, announced earlier this week it has surpassed $700M of total Crime/Excess Specie insurance capacity. The company reported that in 2020, it claims it became the first digital asset custodian to offer clients the ability to… Read More

April 22, 2021 @ 11:47 pm By Omar Faridi  |  

Digital assets firm Coinbase (NASDAQ:COIN) is introducing Project 10 Percent: “Building a culture of repeatable innovation at Coinbase.” Surojit Chatterjee, Chief Product Officer, noted that innovation is “a lot like exercise,” because you need to “approach it with discipline, or you can easily fall out… Read More

April 22, 2021 @ 10:47 pm By Omar Faridi  |  

Huobi Asset Management (Hong Kong) Ltd, a wholly-owned subsidiary of Huobi Technology Holdings Limited, has introduced virtual asset-related funds for professional investors. The new product offering includes three digital asset funds and a private equity fund for blockchain mining-related businesses, according to a release shared… Read More

April 21, 2021 @ 11:37 am By Samantha Hurst  |  

  US-based digital assets firm Gemini announced on Wednesday the release of its latest report, which revealed that nearly two-thirds of U.S. adults are now interested in cryptocurrency, The data was notably gathered from a nationally representative survey of 3,000 U.S. adults that pointed to a… Read More

April 20, 2021 @ 9:15 pm By Omar Faridi  |  

On Tuesday, April 20, 2021, Coinbase Pro will be adding support for new order books for several major digital assets including the Basic Attention Token (BAT), Cardano (ADA), Decentraland (MANA) and USDC (USDC). As noted in a blog post by the digital assets firm, the… Read More

April 20, 2021 @ 7:35 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 (April 19, 2021) that inflows into digital asset investment… Read More

April 19, 2021 @ 8:58 pm By Omar Faridi  |  

Financial regulators in South Korea are reportedly discussing the launch of an updated regulatory framework for overseas remittances made by investors. These traders are allegedly trying to make huge profits by capitalizing on Bitcoin price gaps found on different cryptocurrency exchanges based in Korea and… Read More

April 19, 2021 @ 2:29 pm By Samantha Hurst  |  

    Diginex Limited, a digital assets financial services company, announced on Monday a record total volumes of over $1 billion in April month to date through its crypto exchange EQUOS, with average daily volumes during the period increased over three times compared to average daily volumes… Read More

April 18, 2021 @ 11:00 pm By Omar Faridi  |  

We recently connected with Danial Daychopan, CEO and Founder of UK-based Plutus, a financial services provider that aims to bridge the gap between traditional fiat currencies and “upcoming” cryptocurrencies. Plutus says it offers the “best of both worlds,” which includes centralized fiat and non-custodial crypto,… Read More

April 18, 2021 @ 10:40 pm By Samantha Hurst  |  

  Estonia-based aspiring “crypto-bank” Crypterium has secured more than €2.4 million through its equity crowdfunding campaign on Seedrs. The funding round, which is set to close later this week, originally sought to raise a minimum of €1 million and has already attracted 2,000 Seedrs investors. As previously reported,… Read More

April 18, 2021 @ 2:07 pm By Omar Faridi  |  

Cathie Wood’s ARK funds has reportedly acquired additional shares of digital assets firm Coinbase Global Inc (NASDAQ:COIN). ARK reportedly made the purchase on Friday (April 16, 2021). The company also sold some of its Tesla (NASDAQ: TSLA) shares. ARK acquired 187,078 shares of Coinbase, which… Read More

April 17, 2021 @ 3:39 pm By Omar Faridi  |  

  The team at BitPay, a leading cryptocurrency payments platform, notes in their regular monthly update report that it has been another busy month in the world of digital currencies. BitPay writes in a blog post that they continue to welcome new merchants while offering… Read More

April 17, 2021 @ 10:55 am By Omar Faridi  |  

Leading crypto exchange Binance notes in its weekly report that it completed a record-breaking Binance Coin (BNB) token burn. The weekly report (April 10 – 16, 2021) from Binance reveals that the digital assets firm burned “a record $593 million in BNB.” The digital currency… Read More

April 16, 2021 @ 7:09 pm By Omar Faridi  |  

Nitin Gaur, Founder and Director of IBM Digital Asset Labs, recently looked into how businesses may be able to absorb “disruptive” impact and start integrating new business models (NFTs) in existing and “new streams” of business opportunity. Gaur writes in a blog post that non-fungible… Read More

April 16, 2021 @ 2:22 pm By Omar Faridi  |  

RedBlock and NFT Bazaar have announced a strategic partnership in an “embrace” of the fast-evolving NFT industry. As noted in a blog post by RedBlock: “We are very pleased to announce that RedBlock and NFT Bazaar have officially entered into a strategic partnership, leveraging our… Read More

April 16, 2021 @ 2:00 pm By Samantha Hurst  |  

CoinSquare, a Canadian digital asset exchange, announced on Friday the closing of the previously announced strategic investment in Coinsquare by Mogo Inc. (NASDAQ:MOGO) (TSX: MOGO), a digital payments and fintech company. Coinsquare reported that per the investment agreement, Mogo has acquired a 19.99% ownership interest for… Read More

April 15, 2021 @ 9:12 pm By Omar Faridi  |  

Luno, a crypto-asset trading platform in Malaysia that has been cleared by the Securities Commission, has revealed that it’s now managing over RM 1 billion or $240 millon worth of digital assets. This milestone has been reached in less than 2 years since the company… Read More