Tagged: digital assets

July 19, 2020 @ 1:14 pm By Omar Faridi  |  

San Francisco-based Cloudflare, a web-infrastructure and website-security firm, offering content-delivery-network services, DDoS mitigation, Internet security, and distributed DNS services, experienced downtime again on July 17, 2020. Whenever Cloudflare goes down or has some other type of technical difficulties, it immediately affects millions of websites that… Read More

July 18, 2020 @ 4:38 pm By Omar Faridi  |  

Digital asset exchange OKEx claims that it’s now among the first cryptocurrency exchanges to have partnered with the Web3 Foundation, an organization established to nurture and steward technologies in the fields of decentralized web software protocols. The OKEx team also confirmed that they’ve now listed… Read More

July 17, 2020 @ 9:20 pm By Omar Faridi  |  

The Securities Commission Malaysia (SC) recently warned local consumers and businesses against the usage of Cryptocurrency Automatic Teller Machines (Crypto ATMs). Crypto ATMs are machines that let individuals purchase and sell digital assets through cash, debit or credit cards or electronic wallets. These machines have… Read More

July 17, 2020 @ 11:14 am By Omar Faridi  |  

Itiviti, an established technology and service provider to financial institutions across the globe, announced on July 16, 2020 that Diginex, a digital asset financial services and advisory firm, will be using the Tbricks automated solution to offer risk, P&L and portfolio management solutions to its… Read More

July 17, 2020 @ 8:59 am By Omar Faridi  |  

The Financial Action Task Force (FATF), an intergovernmental organization that develops policies to combat money laundering and terrorism financing, recently concluded its year long review of its Travel Rule standards for virtual asset service providers (VASPs). The FATF confirmed that it will be extending its… Read More

July 16, 2020 @ 8:53 am By Samantha Hurst  |  

Cryptocurrency trading platform PrimeXBT announced on Wednesday it has further grown its list of expansive trading instruments by adding new assets and trading pairs. PrimeXBT reported that it has offered all of the major forex currencies, such as  USD, GBP, EUR, and JPY, making up… Read More

July 16, 2020 @ 7:28 am By Omar Faridi  |  

Evertas, which claims to be the very first crypto-asset insurance firm, has finalized a $2.8 million seed funding round. As mentioned in a release shared with CI, Evertas’ investment round was led by Morgan Creek Capital.  Plug n Play, Kailash Ventures, RenGen, Vy Capital and… Read More

July 15, 2020 @ 11:15 pm By Omar Faridi  |  

Three key events defined the Ethereum (ETH)-dominated decentralized finance (DeFi) space during Q2 2020. As mentioned in ConsenSys’ Q2 2020 DeFi Ecosystem Report, these events included: Bitcoin on Ethereum overtaking BTC on the Lightning Network (LN), three critical security incidents that led to $26 million… Read More

July 15, 2020 @ 10:58 pm By Omar Faridi  |  

Brave New Coin, a crypto-asset trading, research, and data firm, has agreed to a multi-year partnership with Toronto Futures Options Swaps Exchange or tFOSE, a derivatives exchange and clearinghouse that’s in the process of obtaining regulatory approval in Canada. Brave New Coin will be designing,… Read More

July 14, 2020 @ 11:41 pm By Omar Faridi  |  

South Korea’s private sector members have revealed that the nation’s citizens may have to pay as much as 20% of their cryptocurrency earnings in taxes. The country’s lawmakers have said that virtual currencies are like electronic or digital certificates of economic value that may be… Read More

July 13, 2020 @ 9:49 pm By Omar Faridi  |  

Although the decentralized crypto-asset exchange (DEX) sector is still in its early stages of development, it can be argued that there are some platforms that are beginning to take the lead when it comes to the number of digital assets they’re supporting. Ethereum (ETH)-based Uniswap,… Read More

July 13, 2020 @ 12:00 pm By Omar Faridi  |  

Pankaj Balani, CEO and Co-Founder at Delta, a derivatives exchange for cryptocurrencies, recently shared his views and insights with Crowdfund Insider about the dramatic surge in DeFi (decentralized finance) protocol Compound’s COMP token. Balani noted that we can begin to assess the value of COMP… Read More

July 12, 2020 @ 1:41 pm By Omar Faridi  |  

Gary Guthrie from ConsumerAffairs notes that the July 15, 2020 tax-filing deadline for US taxpayers is approaching, and the Internal Revenue Service (IRS) plans to ensure that US residents have the appropriate tools and services to assist them with filing taxes and meeting their obligations…. Read More

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