Tagged: digital assets

August 6, 2020 @ 9:00 am By Omar Faridi  |  

Delta Exchange, a cryptocurrency derivatives trading platform that’s not regulated in any jurisdiction, revealed on August 6, 2020 that it’s launching monthly contracts on its ETH-MOVE and BTC-MOVE product. As explained by Delta Exchange CEO Pankaj Balani in an interview with CI: “MOVE contracts are… Read More

August 5, 2020 @ 11:28 pm By Omar Faridi  |  

Russia’s largest banking institution, Sberbank, is reportedly looking into whether it should launch its own stablecoin, which are digital currencies that are pegged or backed by real-world assets, major fiat currencies, or commodities such as gold. Sergey Popov, director of state-owned Sberbank’s transaction business, said… Read More

August 5, 2020 @ 11:01 pm By Omar Faridi  |  

Dash has teamed up with Taurus.io, a Mexican digital asset exchange, in order to launch a cryptocurrency based Visa debit card in Latin American markets. The card will only be offered to Taurus’ customers in Mexico (for now). The crypto debit card will reportedly be… Read More

August 5, 2020 @ 11:19 am By Samantha Hurst  |  

TradingScreen Inc. (TS) subsidiary MARKTS, a digital asset order and execution management system (OEMS), announced on Wednesday it has teamed up with OSL, an Asian digital asset platform, to launch OSL Exchange and OSL intelligent Request for Quote (iRFQ) trading services on MARKTS. According to… Read More

August 5, 2020 @ 7:30 am By Omar Faridi  |  

Payments company Square (NYSE:SQ) reported on August 4, 2020, that it generated $875 million in Bitcoin (BTC) related revenue through the company’s popular Cash App service during Q2 2020. Overall, Square reported a big beat topping analyst expectations. The jump was driven in part from… Read More

August 4, 2020 @ 11:44 pm By JD Alois  |  

The Securities Commission Malaysia (SC) is seeking feedback on a regulatory framework for digital asset wallet providers. The review is expected to complement the existing frameworks for Digital Asset Exchange (DAX) and Initial Exchange Offering (IEO). The SC notes that digital asset wallet providers, now… Read More

August 4, 2020 @ 11:42 pm By JD Alois  |  

Bursa Malaysia Berhad, the stock exchange of Malaysia, has partnered with Hashstacs Pte Ltd, based in Singapore, regarding a bond on blockchain proof-of-concept (POC). The project has been labeled “Project Harbour” and it aims to explore distributed ledger technology and tokenization of assets while boosting… Read More

August 4, 2020 @ 10:36 pm By Omar Faridi  |  

The Security Token Group (STG) has published the Security Token Market Report for July 2020. The team at STG notes that the aggregate trading volume for security tokens listed on stomarket.com increased 279.80% (month-over-month). The report reveals that the aggregate market cap was up by… Read More

August 4, 2020 @ 5:50 pm By Omar Faridi  |  

Alex Mashinsky, the founder of several notable startups such as Arbinet, VoiceSmart, GroundLink, and currently the CEO at the Celsius Network, an Ethereum-based lending platform, notes that Celsius is a member organization. He explains during an interview featured on Bloxlive.tv that the company’s job is… Read More

August 4, 2020 @ 10:00 am By JD Alois  |  

Recently, the Office of the Comptroller of the Currency (OCC) posted a letter clarifying national banks’ and federal savings associations’ authority to provide cryptocurrency custody services for customers. Although recently we have seen improvements in banks providing services to crypto firms, many digital asset service providers… Read More

August 4, 2020 @ 8:38 am By Omar Faridi  |  

CoinShares, a crypto-asset management company that provides financial products and services for professional investors, revealed on August 4, 2020 that Komainu, a digital asset custody service for institutional clients, will be serving as the custodian of all digital assets held by CoinShares Capital Markets. As… Read More

August 3, 2020 @ 11:13 pm By Omar Faridi  |  

The decentralized finance (DeFi) sector continues to experience significant growth, as the total value locked in its markets has surpassed $4 billion, according to DeFi Pulse data. DeFi markets leverage blockchain or distributed ledger technology (DLT), crypto-assets, and smart contracts (automated business logic), in order… Read More

August 3, 2020 @ 7:23 am By Omar Faridi  |  

The overall performance of the nascent cryptocurrency market during Q2 2020 was not as good as it was when compared to the previous quarter. According to Token Insight, the main reason for the relatively poor performance this past quarter may be attributed to very little… Read More

August 2, 2020 @ 9:59 pm By Omar Faridi  |  

Blockchain security firm CoolBitX is focused on developing the infrastructure to bridge the gap between mainstream financial institutions and the nascent crypto-asset sector. On July 30, 2020, CoolBitX revealed that it has teamed up with BitPay, the leading provider of cryptocurrency payment services. As mentioned… Read More

August 2, 2020 @ 3:29 pm By Omar Faridi  |  

In June 2020, the Ontology (ONT) team celebrated two years since the launch of the Ontology mainnet, which aims to serve as a “high-performance” enterprise blockchain or distributed ledger technology (DLT) platform. There are currently 70 decentralized applications (dApps) that are now live on the… Read More

August 2, 2020 @ 1:28 pm By Omar Faridi  |  

The digital asset trading market did not perform as well during Q2 2020 when compared to Q1 2020, according to an industry research report from Token Insight. According to the report, the relatively poor performance of the crypto market during Q2 2020 may be attributed… Read More

August 1, 2020 @ 10:23 pm By Omar Faridi  |  

altFINS, a platform that allows users to screen, analyze, and trade crypto-assets, has secured more than €1 million in seed funding. altFINS’ round was led by CB Investment Management. The Fintech company said that the funds raised will be used to enhance the platform’s capabilities… Read More

August 1, 2020 @ 1:32 pm By Omar Faridi  |  

Zilliqa, a “high-performance” and “high-security” blockchain or distributed ledger tech (DLT)-based platform, recently revealed that it has chosen Singapore’s digital currency custody service, Onchain Custodian, to secure its network’s assets. As mentioned in a release shared with CI: “In working with the firm, the Zilliqa… Read More

August 1, 2020 @ 12:13 pm By Omar Faridi  |  

The Cardano blockchain completed a “historic” hard fork (backwards incompatible upgrade) on July 29, 2020 – which initiated the launch of the highly-anticipated Shelley mainnet (main or production ready network). The open-source blockchain-based development platform will try to compete with Ethereum, EOS, and Tron (TRX)… Read More

August 1, 2020 @ 11:29 am By Omar Faridi  |  

San Francisco based crypto exchange Coinbase says it plans to provide support for all assets that meet its technical standards and guidelines, which adhere to applicable laws and regulations. Coinbase notes that eventually, it expects its clients, throughout the world, to have access to at… Read More