Tagged: digital assets

May 7, 2020 @ 11:02 pm By Omar Faridi  |  

Bittrex Global, Bittrex’s European digital asset exchange partner, revealed on May 5, 2020 that it will be issuing an exchange token next month. Founded in October of last year and based in Liechtenstein, the cryptocurrency trading platform has been built using the same technology stack… Read More

May 7, 2020 @ 10:54 pm By Omar Faridi  |  

The Shanghai No. 1 Intermediate People’s Court made a public announcement on May 6, 2020, about an appeal involving a Bitcoin (BTC) foreign property damage compensation dispute. The second Court trial’s investigation into the matter confirmed that Bitcoin may be considered a digital asset. Therefore,… Read More

May 7, 2020 @ 2:55 pm By JD Alois  |  

The Commodity Futures Trading Commission (CFTC) has filed charges against Daniel Fingerhut, Tal Valariola and Itay Barak and companies they controlled pertaining to digital asset and binary options fraud allegations. The scam allegedly generated over $20 million in commissions for the perpetrators. Fingerhut is said… Read More

May 7, 2020 @ 8:37 am By JD Alois  |  

The GSX Group, the company that operates the Gibraltar Stock Exchange and the Global Blockchain Exchange, has announced the launch of “GRID,” a platform to create and deploy “Smart Securities” or tokenized assets. The GRID is said to facilitate the tokenization of new and existing… Read More

May 7, 2020 @ 7:59 am By JD Alois  |  

YRD Capital, a company that claims to be the world’s first fund of funds holding digital assets is now available in the UK.  In a note from the firm, the expansion into the UK follows the fund’s second investment in a UK based fund and… Read More

May 6, 2020 @ 3:27 pm By Samantha Hurst  |  

Bitfinex announced on Wednesday it is now offering Bitcoin Dominance (BTCDOM) Perpetual Swap through its digital asset exchange. Bitfinex claims Bitfinex Derivatives is the first derivatives platform to offer Bitcoin BTCDOM, which enables investors to take a position on the market weighting of the world’s… Read More

May 4, 2020 @ 7:33 pm By Omar Faridi  |  

The total volume of Ether (ETH) transactions performed via decentralized or non-custodial cryptocurrency exchanges (DEXs) reached approximately $2 billion (in total) for the first four months of this year. It appears that traders have recently begun to increasingly use DEXs to trade ETH this year,… Read More

May 3, 2020 @ 8:25 pm By Omar Faridi  |  

Sygnum Bank, a licensed digital asset bank, confirmed on April 30, 2020, that XRP digital tokens will be available through its banking services platform. Customers now have the option of depositing, trading, and accessing credit services using the XRP cryptocurrency. Headquartered in Switzerland, the FINMA-licensed… Read More

May 3, 2020 @ 5:50 pm By Omar Faridi  |  

CoinList, a platform for digital asset firms to conduct their crypto token sales, has announced the launch of CoinList Seed, which is an online or virtual demo day for early-stage blockchain companies that helps them network with the global investor community available on the CoinList… Read More

May 2, 2020 @ 8:30 pm By Omar Faridi  |  

A new survey performed by Childly, a South Korean digital asset wallet developer, has revealed that two-thirds, or 66%, of respondents, support the idea of taxing cryptocurrency transactions. The poll of over 5,750 digital currency users, based in different countries throughout the world,  found that… Read More

May 1, 2020 @ 7:30 pm By Omar Faridi  |  

The legislative assembly of the Cayman Islands has introduced five new pieces of legislation that may be used to regulate local firms dealing in cryptocurrencies. The proposed rules have mainly been created to monitor the operations of digital asset exchanges. The Virtual Asset Service Provider… Read More

May 1, 2020 @ 10:11 am By Omar Faridi  |  

Giant venture capital firm Andreessen Horowitz (a16z) has finalized its second crypto asset fund which is valued at over half a billion dollars. Established in 2009 by Marc Andreessen and Ben Horowitz in 2009, the VC firm confirmed the news on April 30, 2020. The… Read More

May 1, 2020 @ 8:30 am By Omar Faridi  |  

American Fintech Ripple’s On-Demand Liquidity (ODL) payments network has reportedly managed to triple its transaction volumes during Q1 2020. San Francisco-based Ripple’s XRP Markets Report confirms that the dollar value transacted using the company’s ODL service grew by over 294%, which may be a positive… Read More

May 1, 2020 @ 1:01 am By Omar Faridi  |  

Japan’s financial regulator, the Financial Services Agency (FSA), has certified two organizations as Certified Financial Instruments and Exchange Associations. As confirmed in an announcement made on April 30, 2020, the FSA has officially recognized the Japan STO (security token offering) Association and the Japan Virtual… Read More

April 30, 2020 @ 9:58 pm By Omar Faridi  |  

A recent analysis of the top 10,000 Ethereum (ETH) wallet addresses suggests that the world’s second-largest digital asset (by market cap and overall adoption) could potentially see its value increase significantly in the foreseeable future. This, as the blockchain network prepares to transition from proof-of-work… Read More

April 30, 2020 @ 2:29 pm By Omar Faridi  |  

Bison Trails, a blockchain “infrastructure-as-a-service” company, recently confirmed that it has added support for Keep Network, which serves as a privacy protection layer for Ethereum (ETH). Keep Network aims to address the challenges involved with allowing private and secure data to be used on a… Read More

April 29, 2020 @ 5:43 pm By Omar Faridi  |  

Derek Edward Schloss, director of Strategy at the Security Token Academy, an organization focused on supporting the ongoing growth and development of tokenized digital assets, recently published a blog post highlighting several notable security token industry updates. He notes in a new report that Securitize,… Read More

April 29, 2020 @ 3:13 pm By Samantha Hurst  |  

Japan-based cryptocurrency exchange bitFlyer announced on Wednesday it has released the results of its annual Crypto-Confidence Index, which confirmed that confidence in cryptocurrency increases across European populations year-on-year despite ongoing coronavirus crisis. According to BitFlyer, the index was built from a consumer poll of 10,000… Read More

April 29, 2020 @ 2:18 pm By Omar Faridi  |  

tBTC, an Ethereum (ETH)-based token that’s pegged to Bitcoin (BTC), the flagship cryptocurrency, is preparing for its public launch. During the course of the next two weeks, the tBTC project is planning to introduce its technical infrastructure with the help of more than 40 digital… Read More

April 28, 2020 @ 9:13 pm By Omar Faridi  |  

dForce, a Chinese decentralized finance (DeFi) platform that recently experienced a hack that led to the loss of around $25 million worth of cryptocurrency, confirmed on April 27, 2020 that it will be compensating all its users for their stolen funds. This, after the digital… Read More