Tagged: digital assets

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

October 31, 2020 @ 12:34 pm By Omar Faridi  |  

Tokeny Solutions, a digital asset platform facilitating primary issuance and management of security tokens, notes that they’ve planned many activities this week to celebrate the third year since their launch. The digital asset platform writes in a blog post that Tokeny Solutions was officially launched… Read More

October 31, 2020 @ 11:41 am By Omar Faridi  |  

Crypto lending network Celsius has confirmed that it has successfully integrated Chainlink’s (LINK) “decentralized” price feeds in order to power its internal systems as “a key component of its pricing services.” As noted by the Celsius team, the integration encompasses the “usage and adoption” of… Read More

October 30, 2020 @ 8:27 am By Omar Faridi  |  

Brussels-headquartered Keyrock, a digital asset market maker, has secured €4.3 million in capital through an investment round that was co-led by MiddleGame Ventures and SIX Fintech Ventures, which is a CHF 50 Million corporate VC fund that invests in global early-stage startups. Volta Ventures, Seeder… Read More

October 29, 2020 @ 7:53 am By Omar Faridi  |  

Caitlin Long, Founder and CEO at Avanti Financial Group, has confirmed that Avanti is now officially a bank. Long noted that the company’s charter and business plan were “approved 8-0” today (October 28, 2020), including Avit, a tokenized US dollar that the company will issue… Read More

October 28, 2020 @ 9:30 pm By Omar Faridi  |  

Kyle Sonlin, the founding partner at the Security Token Group and the CEO at Security Token Market (STM), notes that each month he helps his research team with compiling the security token trading and data analysis report.  Sonlin reveals that this month in the security… Read More

October 28, 2020 @ 8:43 pm By Omar Faridi  |  

Taurus Group, which provides secure, compliant and reliable infrastructure and tools for digital assets, notes that it has helped many banks and other financial institutions with integrating crypto-assets into their existing business. The Taurus Group provides the infrastructure and technology needed to support transactions with… Read More