Tagged: digital assets

November 13, 2020 @ 8:54 am By Omar Faridi  |  

Chainalysis, a leading blockchain analysis firm, has introduced an asset realization program to assist government departments and insolvency practitioners with handling, storing, “realizing,” and monitoring seized assets. As mentioned in a blog post by Chainalysis, this announcement has come soon after the largest ever seizure… Read More

November 11, 2020 @ 11:14 pm By Omar Faridi  |  

Anchorage, a company that aims to help institutional clients with adopting digital assets, has announced that it has passed another significant milestone on its journey as the leading crypto-asset platform for institutional investors. Jennifer Lee, Head of Compliance at Anchorage, confirmed that the company has… Read More

November 11, 2020 @ 8:16 pm By Omar Faridi  |  

CoinList, a top primary digital asset issuance platform, has announced that it will be listing Compound (COMP) and Celo Dollars (cUSD). The CoinList team stated that their customers are always asking them to add support for new high-quality digital assets. That’s why CoinList decided to… Read More

November 11, 2020 @ 10:14 am By Samantha Hurst  |  

OKEx, a top 20 crypto exchange, recently announced an update regarding the suspension of digital asset withdrawals on its platform. The exchange revealed that the suspension occurred on October 16th and it has been working diligently to resolve all matters related to the suspension. OKEx… Read More

November 11, 2020 @ 8:41 am By Omar Faridi  |  

San Francisco-based crypto exchange OKCoin confirmed that it will be supporting the Bitcoin Cash (BCH) hard fork (backwards incompatible upgrade) which will take place on November 15, 2020. The OKCoin team noted that they’ll provide an airdrop of the minority chain’s asset. Hard forks of… Read More

November 9, 2020 @ 9:24 pm By Omar Faridi  |  

The developers of IRISnet, which aims to serve as an interchain service hub for next-generation distributed applications, noted that in April 2020, the IRIS Foundation had introduced a community-centric delegation campaign and its second 1-Year Token Burn Plan. Delegation campaigns allow crypto token holders to… Read More

November 8, 2020 @ 6:22 pm By Omar Faridi  |  

The Bitcoin (BTC) and Ethereum (ETH) price continued to increase this past week. Bitcoin had been trading above the $15,500 mark, however, its price has now dropped to around $15,000 at the time of writing. Ethereum is also down over 5% during the past 24… Read More

November 7, 2020 @ 12:10 pm By Omar Faridi  |  

  We recently connected with Dave Hodgson, Chief Investment Officer at NEM Group and Managing Director NEM Ventures. NEM (XEM) is a major blockchain or distributed ledger technology (DLT) based platform for building and deploying decentralized applications (dApps). Hodgson’s role encompasses group investment management, jurisdictional… Read More

November 7, 2020 @ 7:57 am By Omar Faridi  |  

Investment platform Fumbi Network, which was founded by Juraj Forgacs in late 2018, has chosen French crypto-asset security firm Ledger as its custody and security solutions provider. As explained by Ledger, Fumbi Network is “a simple and secure service that enables those in the Slovak… Read More

November 6, 2020 @ 6:09 pm By Omar Faridi  |  

San Francisco-based crypto exchange Coinbase has added support for Civic (CVC), Decentraland (MANA), and district0x (DNT). Users of Coinbase.com (for retail traders) can begin trading these tokens. Support for CVC, MANA, and DNT tokens has also been added for Coinbase Android and iOS apps. Coinbase… Read More

November 5, 2020 @ 8:53 am By Omar Faridi  |  

Kraken, an established US-based cryptocurrency exchange, recently confirmed that Ledger clients whose data was stolen during a security breach have been targeted in a phishing scam that was carried out this past week. The team of experts at Kraken Security Labs have provided an analysis… Read More

November 4, 2020 @ 9:34 pm By Omar Faridi  |  

Bitcoin (BTC) fundamentals continue to remain strong, however, uncertainty in the crypto and traditional financial markets due to the US elections appear to have positioned BTC in “a consolidation phase,” according to a report from OKCoin. The digital asset exchange notes that the Bitcoin price… Read More

November 4, 2020 @ 9:16 pm By Omar Faridi  |  

Binance Australia recently added Australian Dollar (AUD) deposits through PayID/Osko to the Binance app. Customers in Australia are now able to make deposits in AUD without having to pay any fees. These transactions can be processed through PayID (directly from customers’ Australian bank accounts).  As… Read More

November 3, 2020 @ 6:46 pm By Omar Faridi  |  

Amiti Uttarwar, a Bitcoin Core developer, received a $150,000 development grant (in June 2020) from HDR Global (the parent company of BitMEX) and OKCoin. Uttarwar is currently focused on improving certain aspects of Bitcoin’s (BTC) peer-to-peer (P2P) layer by addressing issues related to privacy and… Read More

November 2, 2020 @ 7:45 am By Omar Faridi  |  

Cryptocurrency hedge funds have been reporting significant gains this year. They appear to have benefitted from the rise in transactions that let borrowers and lenders settle payments directly, without having to go through third-parties like banks. Crypto-asset hedge funds could also be performing well due… Read More

November 1, 2020 @ 11:00 pm By Omar Faridi  |  

We recently connected with Tuhina Singh, Founder of Propine, a comprehensive securities services provider for digital securities. Singh previously worked as an options trader and has developed derivatives trading platforms from scratch. Crowdfund Insider previously reported that Propine is the first independent digital asset custodian… Read More

November 1, 2020 @ 6:43 pm By Omar Faridi  |  

Establishing proper standards is the key to ensuring that the blockchain sector moves forward, according to a recent blog post published by the World Economic Forum (WEF). The blog post’s authors (Sumedha Deshmukh, Mercina Tillemann-Dick, Sofia Arend) note that standards for blockchain or distributed ledger tech… Read More

November 1, 2020 @ 11:26 am By Omar Faridi  |  

Binance, the world’s largest digital currency exchange, notes in its latest Crypto Market Overview report that Bitcoin (BTC) almost managed to break past the $14K mark, as it “massively outperformed” altcoins (alternative coins or all coins besides Bitcoin). Binance points out that Bitcoin began moving… Read More

October 31, 2020 @ 7:51 pm By Omar Faridi  |  

Aleph.im, a “decentralized” network that aims to offer secure storage and computing power to decentralized applications (dApps), will be running an Automated Price Reserve for the ALEPH token on Kyber Network, a protocol that facilitates automated, “decentralized,” instant, and low-cost exchanges of Ethereum-based digital assets…. Read More

October 31, 2020 @ 6:37 pm By Omar Faridi  |  

Several major decentralized finance (DeFi) assets have experienced correction as Bitcoin (BTC) surged this past week. However, the “fundamental” developments continued, “pointing to long-term momentum,” according to a report from OKCoin. The crypto exchange notes that Bitcoin continued its ascent during the past week. The… Read More