Tagged: digital assets

Hackers are Using Malicious, Automated Scripts to Attack Computer Systems Every 39 Seconds, Digital Asset Security Firm NGRAVE Reveals

NGRAVE, a digital asset security company that claims it has developed the world’s most secure cryptocurrency hardware wallet, reveals that hackers regularly use automated scripts (malicious computer code) that allow them to attack computer systems every 39 seconds (on average 2,244 times per day). The… Read More

Digital Asset Lender Cred Joins Visa’s Fintech Fast Track Program to Enhance Lending, Borrowing Capabilities

Cred, a digital asset lending and borrowing platform, revealed on September 8, 2020, that it has joined Visa’s Fintech Fast Track program, in order to speed up the process of integrating with the payment giant’s global network. As mentioned in a release shared with CI,… Read More

Bitcoin (BTC) Payments Now Accepted at Billion Dollar Food Delivery Giant, Just Eat in France, but Consumers Not Impressed

Billion-dollar food delivery giant, Just Eat in France, is now accepting Bitcoin (BTC) payments. Just Eat had been allowing users to pay with Apple Pay, Google Pay, PayPal, and also with their credit cards through its website. Other traditional payments options such as checks and… Read More

Kokila Alagh: Founder of KARM Legal, Member of MENA Fintech Board, Discusses Role of Emerging Tech in Streamlining Middle Eastern Businesses

Kokila Alagh, Founder of KARM Legal and a member of the MENA Fintech board, recently shared the latest updates from the Middle East region, including the United Arab Emirates (UAE) with Crowdfund Insider. Alagh works closely with the Arab Monetary Fund (AMF), the Dubai International… Read More

Bitcoin Is the “Most Compelling” Monetary Asset to Emerge Since Gold, According to New York based Institutional Investor

ARK Invest, an established institutional investor in Bitcoin (BTC), the flagship cryptocurrency, states that it believes the digital asset is “creating the possibility of a global monetary system controlled not by nation-states but by individuals.” ARK Invest notes in a comprehensive report that by “eliminating… Read More

Self-Custody Crypto Exchange Deversifi CEO Disagrees with Idea that you’ve Joined the “Dark Side” for Not Condemning DeFi Protocol SushiSwap

Will Harborne, CEO at Deversifi, a self-custody digital asset exchange for “serious” traders, has said that he disagrees “very strongly” with the idea that anyone who does not “condemn” SushiSwap has joined “the Dark Side.” SushiSwap is a recently launched decentralized finance (DeFi) protocol that’s… Read More

Binance CEO Admits Exchange has to List Risky DeFi Coins, otherwise Traffic Goes to Others, Making them “Obsolete”

Zhao Changpeng

Changpeng Zhao or “CZ”, the CEO at Binance, the world’s largest digital asset exchange, has admitted that the trading platform must list new coins, regardless of whether it’s completely sure of the legitimacy of their business model, in order to remain competitive. Zhao noted: “If… Read More

Dash (DASH) or Digital Cash Devs Release New Version to Make it Easier to Test New Features

Dash Core Group (DCG), an organization focused on the development of Dash (DASH), a digital currency with a market cap of over $647 million at the time of writing (according to CoinGecko data), has released a new software update, called Dash Platform v0.15. Dash aims… Read More

Blockchain Platform Ontology’s ONT and ONG Tokens May be Swapped to eONT, eONG on Ethereum, Also Listed on Uniswap

The developers of Ontology (ONT), a “high-performance” blockchain network, have noted that they’ve successfully completed the development of an open-source decentralized identity (DID) smart contract, which was launched on the Ethereum (ETH) network. The Ontology team confirmed on September 4, 2020, that both its native… Read More

Binance Coin (BNB) and OKEx’s (OKB) Exchange Tokens are Undervalued, while KuCoin (KSC) and Bitfinex (LEO) are Overvalued: Report

The Token Insight team notes that in the crypto-asset sector, it’s always challenging to accurately provide realistic valuations for digital assets. At present, there’s no consistent or uniform industry-standard or reliable valuation method that would allow us to discover the real value of cryptocurrencies, the… Read More

Digital Asset Exchange OKEx Lists 21 New DeFi Tokens in Just the Past 30 Days

Digital asset exchange OKEx, which offers both cryptocurrency spot and derivatives trading, has listed 24 decentralized finance (DeFi) tokens in just the past month – which seriously calls into question the company’s business policies given the large number of scams in DeFi space. However, OKEx… Read More

DeFi Protocol Maker Upgrades its Liquidations System so that it Can Handle Emergencies like Historic March 12, 2020 Market Crash

The Liquidations System of the Maker Protocol, which supports a leading Ethereum (ETH) based lending system, is a key element that has been developed to ensure that the stablecoin Dai generated in Maker Vaults “remains adequately collateralized.” The Maker Protocol is central or key to… Read More

Ethereum Token UMA for Financial Contracts and Synthetic Assets, with $1.26 Billion Market Cap, to be Listed by Coinbase Pro

On September 4, 2020, Coinbase Pro users will be able to transfer UMA cryptocurrency tokens into their accounts ahead of scheduled trading. Support for the UMA digital currency will be available in all of the digital asset exchange’s supported jurisdictions, however, New York State residents… Read More

Over 15 Countries have Defined Regulatory Framework for Blockchain based Security Tokens: Report

The team at Security Token Advisors, a group of professionals that aim to “reinvent” finance with security tokens, reveals that that many “progressive” legislators and regulators have been focused on defining relevant rules and standards for issuing blockchain or distributed ledger tech (DLT)-based financial securities… Read More

Binance Launches New “Smart” Blockchain to Run Alongside Existing Binance Chain Network to Meet Increased Demand from DeFi Apps

Binance, the world’s largest cryptocurrency exchange, has launched a “Smart Chain.” As explained by Binance, the new chain will run parallel or alongside its other blockchain network, Binance Chain. Binance Chain will be used to issue smart contracts and manage the staking mechanism for BNB… Read More

Bithumb Keeps Listing New Cryptos like Polkadot (DOT), Seems like Business As Usual, but it’s Being Investigated for Fraud by South Korean Authorities

It seems like business as usual at South Korea’s largest crypto exchange Bithumb, as it recently added trading support for Polkadot (DOT) tokens, which now have a market cap of more than $5.6 billion, making it one of the largest digital assets in terms of… Read More

StakeHound Introduces the “Best of Both Worlds” by Issuing “Stake-backed” DeFi Tokens for Generating Liquidity and Yield

StakeHound, which issues crypto tokens that allow users to access decentralized finance (DeFi) while being able to earn staking rewards, claims that it has developed “stake-backed” tokens so that digital currency traders can enjoy “the best of both worlds: liquidity and yield.” StakeHound’s management noted… Read More

Coinbase Pro to Add Celo (CELO), a Cryptocurrency Used by Platform that Makes it Easier to Send, Receive Stablecoins using Smartphones

San Francisco-based crypto exchange Coinbase is planning to add Celo (CELO), the native digital currency of an open-source platform that aims to make financial tools accessible to anyone with a smartphone or mobile device. Celo will only be offered on Coinbase Pro, which is the… Read More

Fintech focused VCs Must Be Aware of Opportunities in DeFi, Blockchain Professional Argues, but Sector Not Ready for Mainstream Adoption

Linda Xie, co-founder at Scalar Capital, advisor at the 0x Project, and former product manager at Coinbase, says that if you’re a VC focused on investing in Fintech projects, then you really need to know what’s going in the so-called “decentralized” finance (DeFi) space, which… Read More

Singapore Exchange Completes First Pilot Digital Asset Issuance for Bond Offering

The Singapore Exchange (SGX) has completed a digital bond issuance in partnership with Temasek and HSBC. The security was issued via SGX’s digital asset issuance, depository, and servicing platform and is the first type of offering completed by the exchange. According to a note posted… Read More

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