Tagged: digital assets

February 18, 2021 @ 5:05 pm By Omar Faridi  |  

Injective Labs, which supports the Injective Protocol, a “fully decentralized” layer-2 derivatives exchange protocol powering cross-chain trading and decentralized finance (DeFi), has revealed that leading (blockchain network transaction) validators globally will be joining Injective’s Equinox Staking testnet as its genesis (first set of blocks) validators…. Read More

February 17, 2021 @ 1:53 pm By Omar Faridi  |  

San Francisco-based crypto exchange Coinbase says it’s focused on helping its customers during tax season (in the United States) Lawrence Zlatkin, Vice President, Tax, Coinbase, notes that for the second consecutive year, taxpayers will be asked on their tax return forms questions regarding digital currencies…. Read More

February 16, 2021 @ 11:22 pm By Omar Faridi  |  

ZKSwap has introduced a “zero-gas” layer 2 decentralized (or non-custodial) exchange (DEX) to enhance the overall user experience.  Fully audited and reportedly backed by a $1.7 million investment, ZKSwap aims to provide a solution to Ethereum’s (ETH) network congestion. ZKSwap recently announced the Ethereum blockchain… Read More

February 16, 2021 @ 12:31 pm By Samantha Hurst  |  

Fireblocks, an enterprise-grade platform providing the infrastructure for moving, storing, and issuing digital assets, announced on Tuesday it has joined forces with payments platform First to create a secure wallet and infrastructure for financial institutions to connect to the Diem network to facilitate transactions, enabling clients to utilize… Read More

February 15, 2021 @ 12:03 pm By Samantha Hurst  |  

Cryptoasset-to-USD lender BlockFi recently announced with CMT Digital that the companies have been cleared for what it claims to be the first-ever block trade for Ethereum futures on the CME, facilitated by ED&F Man Capital Markets Inc. According to BlockFi, CME also offers Bitcoin futures, which… Read More

February 15, 2021 @ 8:48 am By Samantha Hurst  |  

    Alchemy Pay, a Singapore-based decentralized finance (DeFi) hybrid fiat and crypto payment solution provider, announced over the weekend it has partnered with Instpower, a global power-bank-sharing network, to enable digital payment acceptance across its charging stations. According to Alchemy Pay, the new partnership… Read More

February 14, 2021 @ 1:40 pm By Omar Faridi  |  

A $150 billion Morgan Stanley (NYSE:MS) investing division, which is well-known for its ability to select growth or high-potential stocks, is reportedly looking into whether it should add Bitcoin (BTC) to its investment strategy. Counterpoint Global, a division of Morgan Stanley Investment Management that has… Read More

February 13, 2021 @ 9:41 pm By Omar Faridi  |  

Last year was a very transformative year for many Fintechs including PayPal (NASDAQ: PYPL). There was a dramatic surge in digital commerce activity and a record number of new users began using PayPal’s online services (over 72 million). There was also a considerable increase in… Read More

February 13, 2021 @ 9:50 am By Omar Faridi  |  

Consumer sentiment regarding Bitcoin (BTC) as a legitimate payment method has changed significantly following the historic crypto market bull run, which is truly unprecedented. With BTC prices reaching all-time highs (briefly hitting $49,000) on the heels of Elon Musk’s tech firm Tesla’s announcement that they’ve… Read More

February 12, 2021 @ 10:39 am By Samantha Hurst  |  

  XTM, a Canada-based fintech that provides mobile banking and payment card solutions, announced on Friday its plans of expansion of crypto trading within the Today Mobile wallet allowing holders to purchase and transact in cryptocurrency. XTM reported that as previously announced this past summer… Read More

February 12, 2021 @ 8:03 am By Samantha Hurst  |  

  Kraken, a U.S.-based digital asset exchange, announced on Thursday it is backing the newly launched Kraken Ventures, an independent investment fund targeting early stage companies and protocols across the crypto and fintech ecosystem. According to Kraken, the fund will invest in the technologies powering… Read More

February 11, 2021 @ 10:35 pm By Omar Faridi  |  

DeFi architect Andre Cronje notes that Yearn.Finance has “blazed the path for community run and developer first open collectives that acted as Badgers blueprint.” Badger is a Bitcoin-on-Ethereum yield vault initiative. As explained on its website, users are able to deposit tokenized Bitcoin in Sett… Read More

February 11, 2021 @ 6:30 pm By Omar Faridi  |  

The team at Ocean Protocol (OCEAN), which allows software engineers to build marketplaces and other apps to privately and securely publish, exchange, and consume data, has announced the second round of OceanDAO (distributed autonomous organization or DAO) grant results. The developers at Ocean Protocol, who… Read More

February 11, 2021 @ 3:14 pm By Samantha Hurst  |  

  Mastercard announced on Wednesday it is set to bring cryptocurrency to its network. The financial giant reported that this is a big change that will require a lot of work and it will be very thoughtful about which assets we support based on its principles… Read More

February 10, 2021 @ 11:45 pm By Omar Faridi  |  

SCB 10X, a subsidiary of Thailand’s Siam Commercial Bank or SCB (BKK: SCB), has launched a $50 million VC fund that will make strategic investments in early and growth stage startups globally. SCB is looking for initiatives that are focused on blockchain, decentralized finance (DeFi),… Read More

February 10, 2021 @ 4:03 pm By Samantha Hurst  |  

    Digital asset marketplace OKEx announced on Tuesday its wallet integration with blockchain domain provider Unstoppable Domains.  According to OKEx, Unstoppable Domains has already launched thousands of websites in the decentralized web, registering more than 250,000 domains to date. The integration with OKEx wallet will help… Read More

February 10, 2021 @ 2:01 pm By Samantha Hurst  |  

Celo, an open-source blockchain ecosystem focused on making decentralized financial (DeFi) systems and tools accessible to anyone with a smartphone, today announced $20 million in new backing from purchasers and partners including Andreessen Horowitz, Greenfield One, and Electric Capital.  Celo reported that to date, it has… Read More

February 10, 2021 @ 11:29 am By JD Alois  |  

Speaking about the ongoing digital transformation of financial services the Chairman of the French Autorité des Marchés Financiers (AMF), Robert Ophèle, commented on the emergence of crypto assets (digital assets) for both non-securities and securities. Ophèle first noted the ongoing COVID health crisis has helped… Read More

February 8, 2021 @ 8:57 pm By Omar Faridi  |  

Crypto billionaire Jihan Wu recently announced his departure from Bitmain, one of the world’s leading Bitcoin mining firms. Bitmain co-founder Micree Zhan has also managed to regain control of the leading Bitcoin mining conglomerate after fellow co-founder Wu tweeted a “coded” message explaining the “end… Read More

February 8, 2021 @ 3:29 pm By Samantha Hurst  |  

    Bitstocks, a UK-based bitcoin market advisory and cryptocurrency investment firm, is set to close its equity crowdfunding campaign on Crowdcube with more than £1 million raised from 1735 Crowdcube investors. As previously reported, Bitstocks stated that while it serves as an investment house for… Read More