Tagged: digital assets

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

June 27, 2020 @ 10:41 am By Omar Faridi  |  

Tokai Tokyo Financial Holdings, a Japanese financial services holding company headquartered in Chūō, Tokyo with over 82 billion JPY in annual revenue, is planning to establish a security token exchange. Tokai Tokyo, which is primarily involved in offering brokerage services via its subsidiary Tokai Tokio… Read More

June 26, 2020 @ 4:23 pm By Omar Faridi  |  

  The cryptocurrency market reached all-time highs of more than $800 billion during the initial coin offering (ICO) craze of 2017-2018. There were many huge scams carried out during this time, which involved seemingly promising, but too good to be true companies like BitConnect. While… Read More

June 26, 2020 @ 1:58 pm By Omar Faridi  |  

Grayscale Investments, a subsidiary of the Barry Silbert’s Digital Currency Group, has now acquired nearly $500 million in Bitcoin (BTC), since the cryptocurrency went through its third block reward halving on May 11, 2020 – a critical even that effectively reduced the BTC supply by… Read More

June 25, 2020 @ 11:10 pm By Omar Faridi  |  

Jeremy Allaire, founder of Circle Internet Financial, a peer to peer payments technology firm, has said that in the future, when we look back at how transactions were conducted, we “won’t believe that we ever needed to pay to send money.” San Francisco-based crypto exchange… Read More

June 25, 2020 @ 11:05 pm By Omar Faridi  |  

NGRAVE, a digital asset security company that claims it has developed the world’s most secure cryptocurrency hardware wallet, has revealed that they’ve crossed a thousand backers (investors) and have so far secured nearly $360,000 in investments – and counting via Indiegogo (IGG). As mentioned in… Read More

June 24, 2020 @ 9:12 pm By Omar Faridi  |  

Big Four auditing firm KPMG has introduced KPMG Chain Fusion, a patent pending suite of advanced analytics software that has been developed using digital asset data and technology products. As mentioned in a release, the Chain Fusion software will allow financial services providers and Fintech… Read More

June 24, 2020 @ 12:21 pm By JD Alois  |  

  The London Stock Exchange Group (LSEG) is pushing further into blockchain by incorporating digital assets into its SEDOL Masterfile service, a global security identifier covering 100 million financial instruments. According to the LSEG, as of this week, SEDOL security identifiers have been assigned to 169… Read More

June 23, 2020 @ 10:35 pm By Omar Faridi  |  

Ampleforth, a crypto-asset protocol for “oraclized” money, revealed on June 23, 2020, that it will introduce a new Liquidity Incentive Program, Geyser, which will target Uniswap 2.0, a widely-used non-custodial Ethereum token exchange. As mentioned in a press release shared with Crowdfund Insider: “After providing… Read More

June 22, 2020 @ 7:16 am By Omar Faridi  |  

Tether Ltd, the company behind the world’s largest stablecoin USDT, has reportedly made a $10 million equity investment into the operations of the Celsius Network, a leading digital asset lending platform, which now has a $120 million pre-money valuation and $150 million post-money valuation. Celsius… Read More

June 21, 2020 @ 10:24 pm By Samantha Hurst  |  

Bittrex, a cryptocurrency exchange based in the U.S., announced on Saturday it is now accepting Mastercard as a source for funding user accounts. Bittrex reported that it will accept Mastercard payments from 36 countries across Africa, Asia, Europe, Latin America, and the Middle East subject… Read More

June 21, 2020 @ 2:27 pm By Omar Faridi  |  

The team at Matrixport, a company that aims to serve as a gateway to the digital economy where users can trade, custody, invest, and borrow crypto-assets through a single, unified platform, recently compared the advantages and disadvantages of using centralized and decentralized finance (DeFi) solutions…. Read More

June 21, 2020 @ 12:23 pm By Omar Faridi  |  

  Blockchain analysis is quite useful when conducting investigations into cryptocurrency-related transactions. It has also become essential when determining whether digital asset service providers are complying with application regulatory and compliance guidelines. Blockchain security and analysis firm Chainalysis says that it uses special software tools… Read More

June 19, 2020 @ 2:56 pm By Samantha Hurst  |  

Hong Kong-based cryptocurrency platform Crypto.com announced On Thursday it has rolled out significant infrastructure upgrades to its Exchange, including a revamped Matching Engine, OMS (Order Management System), and unified REST and Websocket API. According to Crypto.com, the update will lead to a ten times increase… Read More