Tagged: digital assets

October 5, 2020 @ 9:12 pm By Omar Faridi  |  

Bitfinex, a major digital asset exchange, will be introducing staking rewards for ADA, the native crypto token of Cardano, a blockchain-based platform for developing decentralized applications (dApps). According to the Cardano team, which is led by its founder Charles Hoskinson, the distributed ledger tech (DLT)… Read More

October 5, 2020 @ 9:32 am By Samantha Hurst  |  

Diginex Limited, a digital assets financial services company, announced on Monday it has reconstructed its Board of Directors, following its listing and trading commencement on Nasdaq. According to Diginex, the new Board of Directors meets the required standards of corporate governance for a Nasdaq-listed company… Read More

October 4, 2020 @ 4:55 pm By Omar Faridi  |  

Chainalysis, a leading blockchain analysis and security firm, has provided an update regarding the recent KuCoin exchange hack, which led to around $280 million in digital assets being stolen (according to estimates confirmed by many industry participants). Chainalysis noted that on September 25, 2020, hackers… Read More

October 3, 2020 @ 3:44 pm By Omar Faridi  |  

Eddie Lo, Product Manager at US-based crypto exchange Coinbase, notes that one of the “defining characteristics” of digital currencies is that they can be “transacted instantly, anywhere, anytime.” Although this might not be true given the relatively high Bitcoin and Ethereum transaction fees and relatively slow… Read More

October 2, 2020 @ 3:27 pm By Samantha Hurst  |  

Diginex Limited, a digital assets financial services company, announced on Thursday it has listed and began trading on Nasdaq. Diginex reported that it will trade on Nasdaq under the ticker symbol “EQOS,” where it will offer investors the opportunity to participate in the growth of… Read More

October 2, 2020 @ 1:31 pm By Omar Faridi  |  

US-based crypto exchange Coinbase will be allowing Coinbase Pro users to trade Balancer (BAL) and Ren (REN) tokens. The exchange confirmed: “Today October 1, 2020, transfer BAL and REN into your Coinbase Pro account ahead of trading. Support for BAL and REN will be available… Read More

October 2, 2020 @ 1:27 pm By Omar Faridi  |  

The developers at MANTRA DAO, a community-governed decentralized finance (DeFi) platform that aims to make staking, lending, and governance more accessible to traders and investors, have confirmed that they’ve officially launched their staking platform. The MANTRA DAO team noted that they’re pleased to announce that… Read More

October 1, 2020 @ 10:27 pm By Omar Faridi  |  

The developers at Kava (KAVA) have noted that Kava.io serves as a cross-chain decentralized finance (DeFi) hub. It provides various applications and services to major cryptocurrency networks. According to its developers, the Kava platform operates as a “decentralized bank” for crypto-assets. It helps users connect… Read More

October 1, 2020 @ 8:50 pm By Omar Faridi  |  

AI and machine learning network Fetch.ai has noted that following the events of the recent KuCoin exchange hack this past weekend (which led to around $280 million in crypto tokens being stolen, a lot higher than the previous $150 million estimate), they’re now watching developments… Read More

September 30, 2020 @ 7:40 pm By Omar Faridi  |  

San Francisco-based crypto exchange Coinbase has introduced Cosmos (ATOM) staking rewards. The leading digital currency trading platform announced on September 29, 2020 that it will be allowing certain eligible customers to “easily start earning 5% APY” on their Cosmos (ATOM) held on Coinbase. The Coinbase… Read More

September 30, 2020 @ 11:36 am By Samantha Hurst  |  

Bittrex, a cryptocurrency exchange based in the U.S., announced on Wednesday it received a full Class F Digital Assets Business Act license to operate its digital asset platform under the supervision of the Bermuda Monetary Authority (BMA). Bittrex reported that the Bermuda-based entity will provide… Read More

September 29, 2020 @ 4:15 pm By Omar Faridi  |  

Stephen McKeon and Derek Schloss from Collab+Currency (Collaborative Fund) have noted that they’ve invested in LUNA, which is a digital token that backs the Terra ecosystem of stablecoins (virtual currencies pegged 1-to-1 with real-world assets like the US dollar or commodities like gold). McKeon and… Read More

September 29, 2020 @ 1:00 pm By Omar Faridi  |  

Binance Launchpool, which is managed by Binance, the world’s largest digital asset exchange, has introduced the Venus Protocol (XVS), which is described as an algorithmic money market system developed “to bring a complete decentralized finance-based lending and credit system” onto Binance Smart Chain (a blockchain… Read More

September 29, 2020 @ 10:45 am By Samantha Hurst  |  

  U.S.-based cryptocurrency exchange PayBito recently announced it has experienced a record 300% surge in Crypto traders visiting the platform in the past three months. PayBito reported that while improving its crypto portfolio, it has been widely expanding its operations in various locations. Lately, the… Read More

September 28, 2020 @ 11:53 am By Omar Faridi  |  

Chainalysis, a leading blockchain analysis firm, has revealed that it will establish two new offices in Singapore and Tokyo. The company stated that it remains focused on fully supporting local crypto and blockchain companies. It’s also helping government agencies and traditional financial institutions with monitoring… Read More

September 28, 2020 @ 10:16 am By Omar Faridi  |  

The developers of the Ocean Protocol, which allows software engineers to build marketplaces and other apps to privately and securely publish, exchange, and consume data, confirmed (on September 28) that on September 27, 2020, the Ocean Protocol Foundation had initiated a hard fork or backward-incompatible… Read More

September 28, 2020 @ 8:12 am By Omar Faridi  |  

Brian Armstrong, CEO at Coinbase, a leading cryptocurrency exchange, has noted that there have been many challenging events in the world this year, including the COVID-19 pandemic, social unrest, west coast wildfires, and other really difficult situations. Armstrong wrote in a blog post that everyone… Read More

September 26, 2020 @ 5:47 pm By Omar Faridi  |  

Jay Hao, CEO at OKEx, a leading cryptocurrency exchange, notes that it seems everyone in the blockchain space is talking about carrying out a “fair launch.” He goes on to ask, “what exactly is ‘fair launch’ and is it a better model for token distribution?”… Read More

September 25, 2020 @ 12:15 pm By Omar Faridi  |  

Trent McConaghy, Founder at Ocean Protocol, which allows software engineers to build marketplaces and other apps to privately and securely publish, exchange, and consume data, explains that the Ocean Protocol aims to “equalize the opportunity to access and monetize data.” According to McConaghy, data marketplaces… Read More

September 25, 2020 @ 11:08 am By Omar Faridi  |  

Gabriel J. Shapiro, a US attorney focused on mergers and acquisitions (M&A), venture, governance, Infosec, and digital assets, has noted that if you really care about cryptocurrency-related laws and proper governance, then you should know that the most “important” or relevant content out there right… Read More