Tagged: digital assets

July 11, 2020 @ 5:44 pm By Omar Faridi  |  

Bitcoin (BTC), the flagship cryptocurrency’s correlation with gold has weakened following the COVID-19 outbreak and resulting economic uncertainty. However, the digital asset’s correlation with the S&P 500 stock market index appears to be getting stronger, according to research report from crypto exchange Kraken. Kraken Intelligence,… Read More

July 11, 2020 @ 4:39 pm By Omar Faridi  |  

LedgerX, a regulated cryptocurrency derivatives exchange, will be partnering with T3 in order to launch a new Bitcoin (BTC) volatility index. Zach Dexter, CEO at LedgerX, said that, initially, the index will just be a reference for digital asset traders. LedgerX and T3, a research-focused… Read More

July 11, 2020 @ 3:43 pm By Omar Faridi  |  

NGRAVE, a digital asset security company that claims it has developed the world’s most secure cryptocurrency hardware wallet, has issued an update in which it noted that the project now has 1,225 backers who are based in 72 different countries. The crypto-asset firm has now… Read More

July 10, 2020 @ 2:43 pm By Omar Faridi  |  

Tokyo-based digital currency exchange bitFlyer has teamed up with Brave International SEZC, a subsidiary of Brave Software, Inc., the developer of the Internet browser – which monetizes web browsing by using the Basic Attention Token (BAT). As mentioned in a release shared with CI, bitFlyer… Read More

July 8, 2020 @ 10:14 pm By Omar Faridi  |  

Kyber Network, a protocol that aggregates on-chain liquidity (on blockchains) and facilitates “decentralized” token trading, has introduced the Katalyst protocol update to better fulfill the liquidity requirements of the decentralized blockchain ecosystem. As mentioned in a release shared with CI: “Katalyst [aims to] harmonize Kyber’s… Read More

July 8, 2020 @ 7:10 pm By Omar Faridi  |  

PARSIQ, a blockchain monitoring and workflow automation platform that provides tools for analyzing, detecting, and preventing cryptocurrency-related fraud, says it wants to become the “Zapier for blockchain.” As mentioned in a release shared with Crowdfund Insider, PARSIQ is working on a “multi-level” bridge between different… Read More

July 8, 2020 @ 9:37 am By Samantha Hurst  |  

  Wintermute, an algorithmic liquidity provider for digital assets, announced on Tuesday it secured $2.8 million through its Series A funding round, which was led by Lightspeed Venture Partners.  Founded in 2017, Wintermute claims to be a leading global market maker for digital assets. It… Read More

July 7, 2020 @ 11:04 pm By Omar Faridi  |  

The Security Token Group (STG) has published the Security Token Market Report for June 2020. The team at STG claims that during the past 6 months, there’s been substantial growth in the blockchain-based security token sector. In May 2020, tZERO, the leading ATS in the… Read More

July 6, 2020 @ 10:45 pm By Omar Faridi  |  

Currency.com, a regulated digital assets platform, has reportedly been awarded a new distributed ledger technology (DLT) license by the Gibraltar Financial Services Commission (GFSC). As mentioned in a release shared with Crowdfund Insider: “The license allows [Currency.com] to use DLT for storing or transmitting value… Read More

July 6, 2020 @ 9:20 am By Samantha Hurst  |  

Digital asset exchange Bitfinex announced on Friday it is now offering over-the-counter (OTC) paper trading on its platform. According to Bitfinex, paper trading is a new feature that is available on sub-accounts and enables users to test strategies and trade Bitcoin in a simulated market… Read More

July 5, 2020 @ 12:30 pm By Omar Faridi  |  

Millennials, who are people born in the early 80s to the mid-90s, have increasingly been adopting smartphone-based Fintech apps offered by Robinhood and innovative digital banks like Revolut. In addition to more actively managing their finances through the latest technology when compared to older generations,… Read More

July 4, 2020 @ 3:26 pm By Omar Faridi  |  

It has now been a little over a week since Ampleforth (AMPL) introduced decentralized finance (DeFi) liquidity rewards via its new program, called AMPL Geyser. As noted in an update shared with Crowdfund Insider, there’s currently (at time of writing) around $2.34 million in total… Read More

July 1, 2020 @ 8:43 pm By Omar Faridi  |  

Ethereum based 0x (ZRX), a leading protocol for developing decentralized exchange services, has introduced a platform that aggregates liquidity from several different non-custodial digital asset trading platforms. When traders place orders using the new service, called Matcha, the software program splits the user’s trade across… Read More

July 1, 2020 @ 11:02 am By Samantha Hurst  |  

  Curv, a U.S.-based digital asset security infrastructure provider, announced on Wednesday it secured $23M in Series A funding with investment from CommerzVentures, Coinbase Ventures, Digital Currency Group, Team8, and Digital Garage Lab Fund. Founded in 2018, Curv states mitigates the blockchain’s irreversible single point… Read More

June 30, 2020 @ 10:15 am By JD Alois  |  

The UK is experiencing growing interest in cryptoassets, according to the UK Financial Conduct Authority (FCA). The research by the FCA states that 2.6 million UK consumers have purchased digital assets showing a dramatic 1.1 million increase since research completed by the FCA last year…. Read More

June 29, 2020 @ 8:49 pm By Omar Faridi  |  

Bitcoin and distributed systems expert Andreas Antonopoulos recently acknowledged that decentralized finance (DeFi) platforms allow users to earn passively by using their cryptocurrency holdings. Antonopoulos, who mainly supports developments related to the Bitcoin (BTC) protocol, argued that DeFi is one of the few ways to… Read More

June 29, 2020 @ 10:47 am By Omar Faridi  |  

The Hong Kong operated Bitcoin Mercantile Exchange (BitMEX), the world’s largest cryptocurrency derivatives trading platform, is introducing a program that will reportedly offer special benefits to corporate clients – which may include improved security and accounting services. As mentioned on BitMEX’s website: “The BitMEX Corporate… Read More

June 29, 2020 @ 7:28 am By Omar Faridi  |  

Binance, the world’s largest digital asset exchange that’s now averaging more than $11 billion in global crypto trading volume, claims that it has recently completed its largest system-wide upgrade ever. According to Binance, the major update was finalized on June 28, 2020. Changpeng Zhao (“CZ”),… Read More

June 28, 2020 @ 6:23 pm By Omar Faridi  |  

DeFi protocol Compound’s native COMP token is now available on Coinbase Earn, a platform that allows users to earn cryptocurrency while they learn about how digital assets and blockchain tech work. Coinbase Earn allows users to earn many different crypto-assets including EOS, stablecoin Dai, and… Read More

June 27, 2020 @ 10:57 am By Omar Faridi  |  

CoinList, a platform for conducting digital asset token sales, is planning to distribute Filecoin (FIL) tokens after the initiative’s mainnet goes live at some point in August 2020 or later this year. At the time of the mainnet launch, FIL tokens will be sent directly… Read More