Tagged: digital currencies

Payroll and HR Services Firm Bitwage Launches Preferred Bitcoin, Crypto Wallet Feature

Bitwage has announced a new partnership with their third UFC ambassador, and they officially launched their preferred wallet feature. On August 1st, 2022, news broke that Bitwage were collaborating with Casa and Edge as preferred wallet partners. Simply put, this means that users “can now… Read More

DBS Introduces Crypto Trading Function for Accredited Wealth Clients

DBS (SGX:D05) recently announced that it has rolled out self-directed crypto trading via DBS digibank, enabling wealth clients who are accredited investors “to trade cryptocurrencies on DDEx at their convenience.” This latest move “provides more seamless and hassle-free access to DDEx, one of the world’s… Read More

CBDCs: Iran Begins Pilot Launch of Crypto-Rial

The Central Bank of Iran (CBI) said this past Wednesday that it will “begin the pilot launch of crypto-rial as the bank’s digital currency as of Thursday.” The CBI has said that “the aim of designing the crypto-rial is to turn banknotes into a programmable… Read More

Crypto Processing Platform Calypso Pay Now Supports Subscriptions, Recurring Payments

Calypso Pay, an all-in-one crypto processing & acquiring platform, implemented support for recurring payments and subscriptions in crypto. Now Calypso Pay customers can “integrate subscription payment widgets on their website.” Zuora’s Subscription Economy Index report reveals that “the subscription economy grew by more than 435%… Read More

Global Crypto Adoption has Leveled Off in Past Year after Growing Steadily Since 2019: Report

Chainalysis has shared their 2022 Global Crypto Adoption Index Report. For the third consecutive year, Chainalysis ranked all countries “by grassroots cryptocurrency adoption. While commenting on what is grassroots adoption of cryptocurrency, Chainalysis explained that they could easily rank countries by “raw” cryptocurrency transaction volume,… Read More

Bank of Russia Launches Digital Ruble Testing, Completes First Transfers between Individuals

The Bank of Russia and market participants “launched the testing of the digital ruble platform and successfully completed the first digital ruble transfers between individuals.” The creation of a prototype of the digital ruble platform was “finished in December 2021.” Twelve banks announced their readiness… Read More

Serhii Zhdanov: CEO at EXMO Discusses the Importance of Compliance, Regulation in Cryptocurrency Markets

We recently connected with Serhii Zhdanov, CEO at EXMO, a compliant cryptocurrency exchange, registered in the Republic of Lithuania as a “provider of activities of a virtual currency exchange operator and a deposit virtual currency operator” that promotes itself as making investing in crypto easy… Read More

Bitcoin, Ethereum, Other Crypto-Asset Prices Decline Significantly: Report

After July’s green candles, August 2022 resumed a downward trend for crypto-assets across the board, the team at Kraken noted in a new report. Bitcoin, Ethereum and the rest of the crypto market “saw negative returns for the month.” Prices of BTC (-14%) and ETH… Read More

BitPay Introduces Cash Back Rewards for Clients via Cardlytics Partnership

BitPay, which claims to be the world’s largest provider of Bitcoin and cryptocurrency payment services, added a reward program to its BitPay Prepaid Card. Cardlytics (NASDAQ: CDLX), a cash-back rewards platform, is “managing the rewards where the BitPay cardholder automatically receives up to 15 percent… Read More

Australia: Reserve Bank, Digital Finance Cooperative Research Centre to Explore CBDC Use-Cases

The Reserve Bank of Australia is collaborating with the Digital Finance Cooperative Research Centre (DFCRC) on a research project “to explore use cases for a central bank digital currency (CBDC) in Australia.” Considerable research has been “undertaken by central banks, including the Reserve Bank, into… Read More

Crypto Market Report: ETH Surged 57.1% MoM while BTC Rose 16.9% in Same Period

The cryptocurrency and blockchain industry faced headwinds in recent months as May’s collapse of the Terra ecosystem took its toll on many other market participants. In June and July of this year, major crypto lending platforms (including Celsius, BlockFi, Voyager and Vauld) took drastic measures… Read More

Security Firm SlowMist Shares Detailed Solana Hack Analysis

On August 3, 2022, a large-scale incident of currency theft occurred on Solana, and a large number of users “transferred SOL and SPL tokens without their knowledge,” the SlowMist team noted in their analysis of the incident. The SlowMist security team “tracked and analyzed this… Read More

Digital Asset Platform MEXC Global Introduces MX/USDT Perpetual Trading

MEXC Global, a digital asset and cryptocurrency trading platform based in Estonia, has introduced the MX/USDT perpetual trading pair and supports 1-20x buying power “for long and short two-way trades, and this will significantly contribute to expansion of MX Futures and bring the MEXC ecosystem… Read More

Binance.US to Delist AMP Token, After SEC Says It’s a Security

Binance.US supports “responsible” regulation of digital assets by state and federal officials and is “committed to transparency and consumer education,” explains the world’s largest crypto exchange. The statement arrived as the entire industry reviewed claims by the SEC that Coinbase (NASDAQ:COIN) had listed digital asset… Read More

Digital Assets: Crust Shadow (CSM) Trading Now Supported by Kraken

The team at digital asset firm Kraken is pleased to confirm that their crypto trading platform now supports Crust Shadow (CSM). Customers may now choose to add CSM to their Kraken accounts by simply “navigating to Funding, selecting the asset, and then Deposit.” Trading will… Read More

Scammers Are Exploiting Crypto Owners in Liquidity Mining Scam: Report

The FBI recently issued a Public Service Announcement to “warn American citizens about a cryptocurrency scam using an investment strategy called Liquidity Mining in which scammers exploit owners of cryptocurrency, typically Tether (USDT) and/or Ethereum (ETH).” The scammer “builds a professional or personal relationship with… Read More

India’s Unocoin Teams Up With CleverTap to Offer Omnichannel Customer Experiences

CleverTap, which claims to be the modern, “integrated” retention cloud, announced it has partnered with Unocoin, India’s first crypto exchange, in order “to optimize, accelerate their user engagement, and provide a seamless omnichannel customer experience.” Through this collaboration, and by integrating CleverTap’s solution into its… Read More

Fintech Plaid Expands Network to Include Digital Asset Exchanges

An increasing number of people – 16% of US adults – are using cryptocurrencies, such as Bitcoin and Ethereum, “through digital asset exchanges for investments, value exchange, asset tokenization, and more,” according to an update from Fintech Plaid. With crypto becoming mainstream, Plaid has “seen… Read More

French Fintech Qori Introduces Multi-Channel Pay by Bank, Pay by Crypto Technology

French startup Qori has officially launched services, allowing Europeans to make payments in store, remotely or online with their bank or virtual currency wallets without being required to download a proprietary app. The “pay by bank” and “pay by crypto” tech is currently available to… Read More

Digital Assets: Optimism (OP) Is Now Available for Trading via Okcoin

Optimism’s native token, OP, is now available on Okcoin. Customers can now deposit, withdraw, and trade OP tokens via Okcoin. As noted in the update, all Okcoin customers “except for residents of the EU, the UK, Singapore, and Brunei” may trade OP tokens. As confirmed… Read More

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