Tagged: digital assets

January 22, 2021 @ 6:51 am By Samantha Hurst  |  

Diginex Limited, a digital assets financial services company, announced on Thursday it has completed a $38.6 million private placement with certain institutional investors. According to Diginex, an aggregate of 2,571,669 ordinary shares along with warrants to purchase up to an aggregate of 2,571,669 ordinary shares… Read More

January 21, 2021 @ 9:58 pm By Omar Faridi  |  

The team at Bit.com, which claims to be a secure and “high-performance” cryptocurrency derivatives exchange introduced by Matrixport, will reportedly be offering Bitcoin Cash (BCH) perpetual swaps and options. As mentioned in a release shared with Crowdfund Insider, the Bitcoin Cash option trading is scheduled… Read More

January 21, 2021 @ 8:35 pm By Omar Faridi  |  

The team at Kraken, a leading US-based digital asset exchange, notes that cryptocurrency prices have been soaring, and related innovation is “breaking ground,” while key opportunities are flourishing. According to Kraken, crypto adoption is “relentless.” The Kraken team writes that as they begin a new… Read More

January 21, 2021 @ 9:57 am By Omar Faridi  |  

The team at Interdax, a digital assets derivatives trading platform, notes that after quite an eventful year, Bitcoin’s (BTC) price closed considerably higher than the all-time high the digital asset had set in December 2017. The new year 2021 was also kicked off with a… Read More

January 20, 2021 @ 6:34 pm By Omar Faridi  |  

Blockchain analysis firm Chainalysis notes that 2020 was an “incredible” year for Bitcoin (BTC) and the larger cryptocurrency market. Despite the devastation and socioeconomic problems resulting from the global Covid-19 pandemic, Bitcoin, the flagship digital currency, managed to shatter its previous all-time highs. The Bitcoin… Read More

January 20, 2021 @ 5:14 pm By Omar Faridi  |  

US-based digital assets exchange Gemini has completed SOC 1 Type 2 and SOC 2 Type 2 examinations. The Gemini team noted in a blog post published on January 19, 2021 that they’ve successfully cleared the SOC 1 Type 2 and SOC 2 Type 2 examinations,… Read More

January 20, 2021 @ 1:46 pm By Samantha Hurst  |  

  CoinShares, a European digital asset investment firm, announced on Tuesday the launch of a new physically-backed Bitcoin Exchange-Trade Product (ETP), CoinShares Physical Bitcoin (Ticker: BITC). According to CoinShares, BITC will be the first product released on CoinShares’ new institutional-grade ETP platform and will launch… Read More

January 20, 2021 @ 1:31 pm By Samantha Hurst  |  

Celsius Network, a cryptocurrency lending and borrowing platform, announced on Wednesday it now holds more than $5.3 billion worth of cryptocurrency assets. This news comes just a couple of months after Chainalysis was able to validate over $3.3b in total assets held by Celsius Celsius reported it… Read More

January 20, 2021 @ 8:45 am By Omar Faridi  |  

San Francisco-based crypto exchange Coinbase has revealed that it will be acquiring leading blockchain infrastructure platform, Bison Trails. Coinbase stated in a blog post published on January 20, 2020 that the planned acquisition will allow Bison Trails to “accelerate its mission” to offer intuitive and… Read More

January 19, 2021 @ 8:05 pm By Omar Faridi  |  

Leading crypto exchange Binance has shared many ways people can potentially make money with digital currencies. It’s possible to earn Bitcoin (BTC) and other virtual currencies with Binance Earn. Binance says that traders and investors should “stop holding idle assets” and recommends putting their “crypto… Read More

January 19, 2021 @ 4:01 pm By Samantha Hurst  |  

Worldline, (Euronext: WLN) a European payments and transactional services firm, announced on Tuesday it has formed a co-operation partnership with Gold Global Currency Corp to offer the “DaVinci Gold” token, which is notably based on Worldline’s stablecoin management infrastructure. According to Worldline, the initiative further… Read More

January 19, 2021 @ 11:02 am By Samantha Hurst  |  

  Cryptocurrency trading platform PrimeXBT announced on Tuesday it has formed a new partnership with Coinify, a trading infrastructure platform that allows users to purchase Bitcoin and other cryptos. According to PrimeXBT, the collaboration will allow PrimeXBT clients to purchase Bitcoin through the fiat on-ramp,… Read More

January 18, 2021 @ 8:49 pm By Omar Faridi  |  

Blockchain platform VeChain recently introduced what it’s calling Fee-Delegation As A Service (DaaS), which has been designed to enable the “seamless mass adoption” of decentralized applications (dApps) and will support the development of new business opportunities as well. As noted by the VeChain Foundation in… Read More

January 18, 2021 @ 3:33 pm By Omar Faridi  |  

John E. Deaton, a lawyer focused on the blockchain and cryptocurrency sector (and other societal/legal issues), notes that the US Securities and Exchange Commission (SEC) was warned that investors could potentially lose billions, considering “the magnitude of an SEC enforcement action” against Ripple’s XRP, which… Read More

January 18, 2021 @ 8:26 am By Samantha Hurst  |  

  Rain Financial, a Bahrain-based cryptocurrency exchange, announced one r the weekend it secured $6 million through its Series A funding round, which was led by Middle East Venture Partners (MEVP) with participation from Coinbase, Vision Ventures, CMT Digital Ventures, Abdul Latin Jameel Fintech Ventures,… Read More

January 16, 2021 @ 7:05 pm By Omar Faridi  |  

Amadeo Pellicce, Product Manager at Blockchain.com, a leading crypto wallet provider, trading platform, and block explorer service, notes that since the early days at Blockchain.com, they’ve always believed in the “revolutionary power” of Bitcoin (BTC), the flagship cryptocurrency. Pellicce pointed out that Bitcoin can potentially… Read More

January 14, 2021 @ 9:22 pm By Omar Faridi  |  

Earlier this week, the Bitcoin (BTC) price fell sharply by around 30% (to about $31,000) as Wall Street bulls called for a technical correction, OKCoin reports. However, the Bitcoin (BTC) price has already recovered significantly. The digital asset is trading at nearly $38,000 at the… Read More

January 14, 2021 @ 8:20 pm By Omar Faridi  |  

Digital asset exchange Kraken has issued an update on cryptocurrency staking options for Ethereum 2.0, a major (and very gradual) system-wide update of the Ethereum blockchain from its current proof-of-work (PoW) based consensus algorithm to a proof-of-stake (PoS) consensus mechanism. In December 2020, Kraken introduced… Read More

January 14, 2021 @ 11:12 am By Omar Faridi  |  

Gemini Trust Company, LLC (Gemini), a cryptocurrency exchange and custodian, revealed on January 12, 2020 that it has now surpassed $10 billion in digital assets under custody. The Gemini team confirmed in a blog post that they’re pleased to announce that the crypto firm now… Read More

January 14, 2021 @ 8:04 am By Omar Faridi  |  

Mike Kühnel, Partner, Frankfurt at Bain & Company, Thomas Olsen, Partner, New York at Bain & Company, John Fildes, Expert Partner, Sydney at Bain, and Karl Gridl, Senior Manager, Zurich at Bain, have all co-authored a brief, titled “For Digital Assets, Private Markets Offer the… Read More