Tagged: digital assets

June 9, 2020 @ 11:30 pm By Omar Faridi  |  

Centralized digital asset exchanges such as CoinDCX and WazirX in India have been aggressively marketing their services to the nation’s residents, after the Supreme Court of India struck down the Reserve Bank of India’s (RBI) blanket ban on crypto-asset businesses in March 2020. Peer to… Read More

June 8, 2020 @ 11:43 pm By Omar Faridi  |  

Researchers at the Leiden Law School have argued that there’s currently a lack of clarity regarding the legal proceedings and investor rights if digital asset custodians become insolvent. Matthias Haentjens, Tycho de Graaf and Ilya Kokorin from Leiden Law School noted in a paper titled,… Read More

June 8, 2020 @ 3:52 pm By Omar Faridi  |  

Digital asset exchange Coinbase confirms that it experienced an outage on June 1, 2020, that reportedly affected the operations of Coinbase.com (mainly for regular or retail traders), Coinbase Pro for professional or institutional traders, and it also impacted the exchange’s mobile applications. Not all cryptocurrency… Read More

June 8, 2020 @ 1:42 pm By Samantha Hurst  |  

Celsius Network, a cryptocurrency lending and borrowing platform, recently announced it surpassed $1 billion in cryptocurrency deposits since its launch in 2018. This announcement comes just after Celsius announced it now has more than 110,000 active users using its platform.  As previously reported, Celsius claims… Read More

June 7, 2020 @ 4:19 pm By Omar Faridi  |  

Blockchain or distributed ledger technology (DLT) firms have been dominating Hong Kong’s startup sector. Last year, enterprise DLT and crypto-assets exchanges were ranked the most popular sectors in Hong Kong’s Fintech industry. This, according to a report from the Financial Services and Treasury Bureau which… Read More

June 7, 2020 @ 3:41 pm By Omar Faridi  |  

On June 5, 2020, the Gibraltar Financial Services Commission (GFSC) issued four separate warning messages regarding fraudulent cryptocurrency-related websites that claim they have been authorized to offer services in the British Overseas Territory. Gibraltar’s authorities noted that the following domains are not licensed by the… Read More

June 6, 2020 @ 2:56 pm By Omar Faridi  |  

Nischal Shetty, founder and CEO at WazirX, an Indian cryptocurrency exchange acquired by Binance, claims that government agencies in the country have begun to take more interest in understanding and even helping to grow the nation’s nascent digital asset and blockchain ecosystem. Shetty noted via… Read More

June 5, 2020 @ 10:32 am By Omar Faridi  |  

Caitlin Long, who claims she has been involved with Bitcoin (BTC) since 2012, has issued an update regarding her company, the Avanti Financial Group. As previously reported, Avanti is the first  “cryptocurrency-native” bank, which should launch next year. Long claims that Avanti will provide a… Read More

June 4, 2020 @ 1:43 pm By Samantha Hurst  |  

Ground X, the blockchain subsidiary of the leading South Korean mobile platform, Kakao, announced on Wednesday the launch of its digital asset wallet, Klip. According to Ground X, Klip offers users the opportunity to experience digital asset on their mobile devices. The wallet is available… Read More

June 4, 2020 @ 9:00 am By Omar Faridi  |  

Delta Exchange, a digital asset derivatives exchange that maintains business offices in Singapore, has launched interest rate swaps (IRS) on cryptocurrency rates. As mentioned in a release shared with CI: “These swaps will be available on Defi rates, flash rates on Bitfinex, and interest rates… Read More

June 4, 2020 @ 12:54 am By Omar Faridi  |  

London-based Plutus​, a Fintech firm that helps users easily convert their digital assets at 0% into major fiat currencies including the British pound (GBP) and Euros, has announced an affiliate partnership with sports apparel giant, Nike. Through the partnership, users will be able to earn… Read More

June 3, 2020 @ 10:45 pm By Omar Faridi  |  

CoinSwitch.co, an established aggregator of digital asset exchanges in India, recently introduced CoinSwitch Kuber, which is the Indian Rupee (INR) cryptocurrency exchange mobile app designed specifically and “exclusively” for the Indian market. This launch has come during very challenging times as the world tries to… Read More

June 3, 2020 @ 10:33 pm By Omar Faridi  |  

Jonah Schulman, head of marketing at Security Token Market, published a report last month in which he noted that the average security token return was 8.99% for the month of April 2020. Meanwhile, a fund that tracks the three largest US indices, including the Dow… Read More

June 3, 2020 @ 9:39 am By Omar Faridi  |  

The Crypto Rating Council (CRC) has previously noted that Tron’s TRX, Nervos’ CKB token, and Polkadot’s DOT token might potentially be classified as financial securities, or at least there’s a fair chance they could. The CRC’s initial report on these digital assets was released in… Read More

June 3, 2020 @ 12:17 am By Omar Faridi  |  

Brian Kerr, CEO at Kava Labs, notes during an interview with Alexandre Raffin at GAINS Associates that Cosmos’ value proposition is that “if you make a blockchain and it has a similar consensus mechanism to another blockchain …[then by using] … the inter-blockhain communication protocol… Read More

June 2, 2020 @ 9:45 am By JD Alois  |  

  The newly created InterWork Alliance (IWA) has formally launched operations as a non-profit dedicated to establishing a standards framework for the tokenization of assets. The IWA states that digital assets have the potential to “disrupt global economics,” but the disparity of approach and technology… Read More

June 1, 2020 @ 5:13 pm By Omar Faridi  |  

Zebpay, a digital currency wallet and exchange provider that began its relaunch in India earlier this year, will be working with blockchain security and analysis firm Chainalysis to monitor crypto-asset transactions performed across its platforms for Indian consumers. Chainalysis had already been providing its Know… Read More

June 1, 2020 @ 4:07 pm By Omar Faridi  |  

Binance, the world’s largest cryptocurrency exchange, will reportedly launch its stablecoin, Binance USD (BUSD) on Harmony protocol’s blockchain network. Stephen Tse, founder at Harmony, noted via Twitter that the launch is “just in time for Harmony’s Binance Launchpad anniversary.”   BREAKING: @binance USD (BUSD) will… Read More

May 31, 2020 @ 11:00 pm By Omar Faridi  |  

Digital asset market data aggregator CoinMarketCap recently revealed that it has introduced a different type of ranking system for cryptocurrency market pairs. CoinMarketCap said it would begin using a new ranking system that takes several factors into consideration. The leading crypto data site operator noted… Read More

May 31, 2020 @ 10:45 pm By Omar Faridi  |  

San Francisco-based crypto exchange Coinbase has confirmed that on June 8, 2020, it will begin taking inbound transfers of Maker (MKR) to Coinbase Pro, the platform for professional digital asset traders. The exchange operator said that users may start trading MKR via Coinbase “on or… Read More