Tagged: digital assets

April 21, 2020 @ 6:49 pm By JD Alois  |  

In August of 2019, INX Limited filed a registration statement (Form F-1) for an initial public offering (IPO) offering 130,000,000 INX Tokens, and ERC20 compliant digital security.  In the preliminary prospectus, each INX Token is said to entitle its holder to an annual pro-rata distribution… Read More

April 21, 2020 @ 5:40 pm By Omar Faridi  |  

Digital asset exchange Bitnomial has been approved to offer Bitcoin (BTC) futures and options contracts. Established in 2015, Bitnomial acquired $7.5 million in capital through an equity raise that was finalized in December of last year. On April 20, 2020, the exchange operator confirmed that… Read More

April 21, 2020 @ 9:44 am By Omar Faridi  |  

We recently caught up with Pankaj Balani, CEO at Delta Exchange, an established digital assets derivatives trading platform. Delta offers cryptocurrency futures and derivatives trading across Bitcoin and major altcoins with up to 100x leverage. The company aims to support the ongoing growth and development… Read More

April 20, 2020 @ 11:16 pm By Omar Faridi  |  

Curv, a company that provides crypto asset custody services to institutional investors, has established a business office in the Asia-Pacific (APAC) area. The office has been set up through a partnership with Crypto Garage, a firm that offers various financial instruments based on Bitcoin (BTC)… Read More

April 20, 2020 @ 12:40 pm By Omar Faridi  |  

  Venture Smart Asia, a company licensed by Hong Kong’s Securities and Futures Commission (SFC), has introduced the territory’s first approved crypto asset fund with a target of $100 million under management during the first year of its launch. As reported by Bloomberg on April… Read More

April 20, 2020 @ 7:58 am By Omar Faridi  |  

Singapore’s tax authority, the Inland Revenue Authority of Singapore (IRAS), confirmed that it will not be collecting taxes on airdropped cryptocurrency, provided that the recipients get them  for free. As noted in an income tax treatment guide, released on April 17, 2020, the IRAS clarified… Read More

April 19, 2020 @ 10:15 pm By Omar Faridi  |  

Digital asset custody provider BitGo has reportedly laid off 12% of its employees. Several professionals working in BitGo’s marketing and sales departments have been laid off, according to sources familiar with the matter. The layoffs are the latest to hit the blockchain and crypto industry,… Read More

April 19, 2020 @ 9:46 pm By Omar Faridi  |  

A somewhat secretive but promising hedge fund has reportedly been approved to make investments in the Bitcoin (BTC) futures markets. As noted in a document dated March 30, 2020, the US Securities and Exchange Commission (SEC) has now permitted Renaissance Technologies’ Medallion Funds to offer… Read More

April 18, 2020 @ 4:16 pm By Omar Faridi  |  

Leading digital currency exchange Binance is planning to launch an Ethereum (ETH) network compatible blockchain. The new distributed ledger technology (DLT) platform will use the exchange’s native BNB native token as a base currency. Referred to as “Binance Smart Chain” (BSC), the new DLT-enabled network… Read More

April 17, 2020 @ 10:02 am By Samantha Hurst  |  

Cryptocurrency platform Coinbase announced on Thursday it has launched a reward section in its mobile app. This news comes just days after Coinbase it has made several improvements to how customers may send and receive cryptocurrency through its platform and mobile app. According to Coinbase,… Read More

April 16, 2020 @ 2:31 pm By Samantha Hurst  |  

Blockchain software firm BitGo announced on Thursday it has acquired Lumina, which is a comprehensive crypto-naive financial platform. BitGo also revealed that it has completed the first phase of product integration, expanding its services to give institutional investors a dashboard for managing, accounting, and tracking… Read More

April 15, 2020 @ 4:31 pm By Samantha Hurst  |  

HIVE Blockchain Technologies Ltd. (TSX.V:HIVE) (OTCQX:HVBTF) recently announced it acquired 30 Megawatts (MW) Cryptocurrency, which is located in Canada, for C$4 million. 30 MW was purchased from Cryptologic. HIVE reportedly issued 15,000,000 common shares to Cryptologic, which are notably subject to a four-month lock-up agreement,… Read More

April 15, 2020 @ 8:39 am By Omar Faridi  |  

Silicon Valley-based venture capital firm Andreessen Horowitz (a16z) is planning to secure $450 million in capital for its second digital asset-focused fund, according to a recent report from the Financial Times (FT). Sources familiar with the matter told the FT that the giant VC firm… Read More

April 14, 2020 @ 10:44 pm By Omar Faridi  |  

Seychelles-based Huobi Group, a blockchain and digital assets firm, is introducing an on-chain analytics tool, called Star Atlas, for monitoring and identifying illicit cryptocurrency transfers. The exchange’s Star Atlas tool allows users to track on-chain crypto-asset transactions in real-time. With the launch of this new… Read More

April 14, 2020 @ 10:19 pm By Omar Faridi  |  

The Blockchain Research Institute, which is managed by China’s Center for Information and Industry Development (CCID), has published its (17th) latest Global Public Chain Technology Evaluation Index. The distributed ledger technology (DLT)-focused index ranks 37 of the most prominent or widely-used public blockchain networks. It… Read More

April 14, 2020 @ 3:27 pm By Omar Faridi  |  

We recently caught up with the developers of the Atomic Asset Exchange (AAX), a Malta-based cryptocurrency trading platform that’s powered by LSEG technology, which is a part of the London Stock Exchange Group. Thor Chan, the CEO at AAX, explained why his company’s exchange platform… Read More

April 14, 2020 @ 1:18 pm By Omar Faridi  |  

Brooklyn, New York-based ConsenSys, a leading Ethereum (ETH) development studio, has published a new report which covers major decentralized finance (DeFi) protocols and their performance during the first quarter of 2020. The report notes that two key events defined decentralized finance during the first three… Read More

April 14, 2020 @ 8:16 am By Omar Faridi  |  

New York-based BitOoda, a digital asset and Fintech firm, recently published its cryptocurrency market regulatory analysis report. Governments throughout the world are struggling to deal with the devastating economic consequences of the deadly Coronavirus (COVID-19) pandemic. The BitOoda team reveals: “We’ve noted an uptick in… Read More

April 13, 2020 @ 4:10 pm By Omar Faridi  |  

The developers of Ontology (ONT), a “high-performance” public blockchain network that aims to provide a “distributed trust” platform, confirmed that the project’s team members recently attended the International Association for Trusted Blockchain Applications (INATBA) Virtual Roundtable, which was held on April 6, 2020. The event… Read More

April 13, 2020 @ 10:49 am By Omar Faridi  |  

Ledger, a leading cryptocurrency hardware wallet provider, recently revealed that it’s now allowing its customers to make payments for products through Hong Kong-based Crypto.com’s online wallet app. As noted in an announcement published on April 9, 2020, Ledger will be accepting payments made using Bitcoin… Read More