Tagged: digital assets

September 16, 2020 @ 9:41 pm By Omar Faridi  |  

During its 11 years of existence (since the first Bitcoin block was mined), BTC has been able to survive many “threats,” mainly because there’s no single entity controlling the world’s largest cryptocurrency network. As explained in a report from Coin Metrics, this trait, called decentralization,… Read More

September 15, 2020 @ 6:06 pm By Omar Faridi  |  

Binance, the world’s largest digital asset exchange, will be offering cryptocurrency futures contracts for Elrond (EGLD), the native token of a “highly” scalable, fast and secure blockchain platform for creating distributed apps; and Sola (SOL), the native digital currency of a “decentralized” social platform developed… Read More

September 15, 2020 @ 4:36 pm By Omar Faridi  |  

Jonah Schulman, head of marketing at Security Token Market, notes that every month, he helps the research team with putting together the security token trading and data analysis report. As covered, security token trading volume reached almost $22 million in August, which is significantly more… Read More

September 15, 2020 @ 8:22 am By Omar Faridi  |  

The Financial Action Task Force (FATF), an intergovernmental organization that develops policies to combat money laundering and terrorism financing, has released an updated report, titled, Virtual Assets Red Flag Indicators of Money Laundering and Terrorist Financing. Published on September 14, 2020, the report notes that… Read More

September 14, 2020 @ 3:35 pm By Samantha Hurst  |  

Digital assets exchange OKEx announced on Monday its public chain OKChain has been renamed to OKExChain. The platform further noted it has made changes to the public chain. “OKExChain also takes the lead among exchange-developed public chains. By fully utilizing the nature of peer-to-peer networks,… Read More

September 14, 2020 @ 9:02 am By Omar Faridi  |  

Current Financial Crimes Enforcement Network (FinCEN) regulations state that it’s the responsibility of all financial service providers to accurately and promptly identify and report any suspicious or potentially fraudulent activity. This activity may be related to how criminals or bad actors exploit convertible virtual currencies… Read More

September 14, 2020 @ 8:12 am By Omar Faridi  |  

Germany, France, Italy, Spain, and the Netherlands recently asked the European Commission (EC) to draft strict regulatory policies for stablecoins, which are digital assets that are supposed to be backed or pegged 1-to-1 with major fiat currencies like the US dollar or the British pound… Read More

September 13, 2020 @ 6:50 pm By Omar Faridi  |  

Binance, the world’s largest digital asset exchange, recently enabled isolated margin trading for DIA, RSR, and OCEAN. Margin trading involves using borrowed digital assets or other funds from a broker to trade financial assets. In other words, margin is like assets borrowed from a broker… Read More

September 12, 2020 @ 2:23 pm By Omar Faridi  |  

On September 14, 2020, Coinbase Pro (for professional traders) users will be able to transfer  yearn.finance (YFI) tokens into their accounts ahead of scheduled trading. The San Francisco-based crypto exchange noted that support for YFI tokens will be available in all of its supported jurisdictions,… Read More

September 12, 2020 @ 9:30 am By Omar Faridi  |  

Cypherium, which implemented the first cross-chain interoperability solution for central bank digital currencies (CBDCs) to communicate with their international counterparts, local industries and wholesalers, has revealed that it will raise funds through a secondary token sale. According to a release, the sale will give investors… Read More

September 12, 2020 @ 9:24 am By Omar Faridi  |  

Dr. Joshua Ellul, the Chairman of Malta Digital Innovation Authority and Director of Centre for DLTs, University of Malta, has published an open letter to European Union (EU) regulators focused on cryptocurrencies. The letter is also meant to inform relevant policy advisors and makers in… Read More

September 11, 2020 @ 5:16 pm By Omar Faridi  |  

1inch has teamed up with the developers of Tron (TRX), one of the largest platforms for building decentralized applications (dApps), in order to complete the integration of JustSwap and Mooniswap. 1inch provides an aggregator for decentralized on non-custodial crypto-asset exchanges with “the best prices” on… Read More

September 11, 2020 @ 2:49 pm By Omar Faridi  |  

On September 14, 2020, Coinbase Pro users will have the option to transfer Loopring (LRC) tokens into their accounts ahead of trading. The exchange has confirmed that support for LRC tokens will be available in all of its supported jurisdictions, except New York State due… Read More

September 11, 2020 @ 1:56 pm By Omar Faridi  |  

Binance, the world’s largest crypto exchange, is launching a $100 million seed fund in order to “empower” emerging initiatives in the decentralized finance (DeFi) space. These DeFi projects will run on the Binance Smart Chain, a new blockchain network launched by the exchange to support… Read More

September 10, 2020 @ 9:42 pm By Omar Faridi  |  

IRISnet, which aims to serve as an interchain service hub for next-generation distributed applications, confirms that China’s public blockchain network BSN recently launched the new BSN Global Portal. IRISnet will be one of the partners that will contribute to the project. The IRISnet team is… Read More

September 9, 2020 @ 7:48 pm By Omar Faridi  |  

NGRAVE, a digital asset security company that claims it has developed the world’s most secure cryptocurrency hardware wallet, reveals that hackers regularly use automated scripts (malicious computer code) that allow them to attack computer systems every 39 seconds (on average 2,244 times per day). The… Read More

September 8, 2020 @ 12:00 pm By Omar Faridi  |  

Cred, a digital asset lending and borrowing platform, revealed on September 8, 2020, that it has joined Visa’s Fintech Fast Track program, in order to speed up the process of integrating with the payment giant’s global network. As mentioned in a release shared with CI,… Read More

September 8, 2020 @ 7:49 am By Omar Faridi  |  

Billion-dollar food delivery giant, Just Eat in France, is now accepting Bitcoin (BTC) payments. Just Eat had been allowing users to pay with Apple Pay, Google Pay, PayPal, and also with their credit cards through its website. Other traditional payments options such as checks and… Read More

September 7, 2020 @ 10:00 pm By Omar Faridi  |  

Kokila Alagh, Founder of KARM Legal and a member of the MENA Fintech board, recently shared the latest updates from the Middle East region, including the United Arab Emirates (UAE) with Crowdfund Insider. Alagh works closely with the Arab Monetary Fund (AMF), the Dubai International… Read More

September 7, 2020 @ 8:08 am By Omar Faridi  |  

ARK Invest, an established institutional investor in Bitcoin (BTC), the flagship cryptocurrency, states that it believes the digital asset is “creating the possibility of a global monetary system controlled not by nation-states but by individuals.” ARK Invest notes in a comprehensive report that by “eliminating… Read More