Tagged: digital currency

Digital Asset Firm Gemini Introduces Electronic OTC Solution

Digital asset firm Gemini is pleased to announce the launch of electronic over-the-counter trading (eOTC), which is described as “a fully-automated crypto trading solution tailored to institutional counterparties worldwide, which will be offered through an affiliate of Gemini Trust Company, LLC (GTC).” Gemini eOTC offers… Read More

Digital Assets Market Makes Remarkable Rebound, Metaverse, Smart Contract Sectors Performing Well: Coinmetrics Report

In a report titled, Monitoring the Currents of the Crypto Market, Matías Andrade and Kyle Waters from Coinmetrics noted that the digital asset market is “experiencing a surge in activity as we kick off the new year. The update from Coinmetrics points out that Bitcoin… Read More

Venture-Based Money Laundering in Web3 Becoming a Serious Threat: Report

Criminals have always found efficient ways “to launder the proceeds of their crimes and avoid increasingly stringent anti-money laundering regulations,” according to an update from CertiK. One such technique, uncovered by CertiK, poses “a direct threat to Web3 projects.” Criminal organizations are using this scheme… Read More

Okcoin, Paradigm Partner on Grant for Bitcoin Core Maintainer Marco Falke

Okcoin and Paradigm have awarded a joint grant to Open Source Bitcoin Core maintainer Marco Falke. With this grant, Okcoin and Paradigm will “provide Falke with a livable income as he works on this open-source, decentralized project.” This is the third consecutive year that Okcoin… Read More

Bitpanda, N26 Introduce Digital Asset Trading in Germany, Expand Across Europe

Bitpanda announced that the successful Austrian-only phase of their partnership with N26, one of the largest digital banks in Continental Europe, has been expanded. N26 customers from Germany, Portugal, Belgium, Ireland and Switzerland will now “be able to invest in a wide range of over… Read More

Visa Lists Alchemy Pay as Official Service Provider

The Alchemy Pay team is pleased to announce that Visa has listed Alchemy Pay as an Official Service Provider. Alchemy Pay has been “added as part of Visa’s Third Party Agent (TPA) Program and can be found listed as Alchemy GPS here.” This is “a… Read More

Digital Assets: Gemini Adds Support for Cosmos (ATOM)

Digital asset firm Gemini says it’s pleased to announce support for Cosmos (ATOM), adding a new blockchain to Gemini’s growing list of supported networks. ATOM is now “available for deposits on Gemini.” Trading for ATOM will follow, “opening first on our API/FIX and ActiveTrader applications… Read More

Financial Privacy focused Crypto Protocol Beam Shares Key Updates from Past Year

Beam celebrated its 4th anniversary on January 3rd 2023. During that time, Beam claims it has “cemented its place as the top confidential cryptocurrency in terms of features, stability and confidentiality, constantly evolving and improving in all categories.” Launched in 2019, Beam is described as… Read More

The Bank of Spain Confirms Registration of Coinmotion as Cryptocurrency Operator

Coinmotion, a Finland-based cryptocurrency service provider, has obtained confirmation from the Bank of Spain as “a valid provider of virtual currency exchange services for fiat currency and custody of electronic wallets with the registration number D741.” This means that Coinmotion “reinforces its presence in the… Read More

Bitcoin Adoption Still in Early Growth Phase as Relatively Small Percentage of People Invested in Crypto-Assets: Report

The Bitcoin market has evolved “dramatically” since its launch in 2009, according to an update from Kraken. The team at Kraken notes that what was once an “intimately small” group of tech enthusiasts has grown into a global community of investors. Some 40 million crypto… Read More

Circle Asks FSB to Implement Balanced Standards for Financial Stability

Circle has submitted comments to the Financial Stability Board’s (FSB) proposed framework for the international regulation of crypto-asset activities and the regulation and supervision of “Global Stablecoin” Arrangements. Circle appreciates the critical role that the FSB plays in “promoting international financial stability, particularly in developing… Read More

Digital Assets: Binance-Peg BUSD Now Available on TRON Blockchain Network

The team at Binance is pleased to announce that Binance-Peg BUSD is now “available on TRON.” Along with the BUSD issued by Paxos on the Ethereum blockchain, Binance-Peg BUSD (a wrapped version of BUSD “offered by Binance) extends its supported blockchain networks to include TRON.”… Read More

Kraken Remains Committed to Accelerating Crypto Adoption, Despite Layoffs, Exiting Japan

There has never been a “dull moment” in crypto, and this year was no exception, the team at Kraken noted. In 2022, Kraken celebrated 11 years of their mission “to accelerate the adoption of cryptocurrency so that you and the rest of the world can… Read More

Binance Reveals that the Crypto Exchange Ramped Up Regulatory Compliance, User Protections in 2022

In 2022, Binance claims it ramped up its regulatory compliance and user protection initiatives. By working collaboratively with regulators worldwide, Binance reveals it has “secured registrations and licenses in 14 jurisdictions as of the end of 2022.” To further reinforce their commitment to fight against… Read More

TRONAPP.SBS Introduces Digital Currency Cloud Mining Platform

By increasing the “popularity” of digital currency, TRONAPP.SBS launches a cryptocurrency cloud mining platform, which helps users to earn passive income. The platform aims to “offer users a unique opportunity to earn passive income from their investments in cryptocurrency mining.” This accessible cloud mining platform… Read More

RoRa Holdings, a Provider of Crypto-Assets, Announces Upcoming Asset Audits

RoRa Holdings, a provider of cryptocurrency assets, claims that it “commits itself to upholding the highest standards of security and transparency for investors, including a deep dedication to maintaining integrity within the cryptocurrency realm.” RoRa Holdings, a provider of crypto-assets, announced that it will be… Read More

Institutional Investment in Digital Assets Creates Requirement for Enterprise-Grade Self-Custody Solutions: Report

As Chainalysis discussed recently, the collapse of FTX and resulting market action prompted large net outflows “from centralized exchanges, as many users shifted their funds to personal wallets, also commonly referred to as ‘unhosted wallets’.” Chainalysis found that while the trend wasn’t “as pronounced as… Read More

Bitcoin Mining Centers Owned by Iris Energy Not Impacted by Govt of British Columbia Announcement

Iris Energy Limited (NASDAQ: IREN), an owner and operator of institutional-grade, highly efficient Bitcoin mining data centers powered by 100% renewable energy, recently announced that its 160MW of data center capacity is “not affected by the recent announcement by the Government of British Columbia.” On… Read More

As BTC Price Continued to Decline in 2022, Crypto Miners with Large Loan Agreements Were Forced into Selling Bitcoin: Report

2021 was quite the ride for the cryptocurrency mining industry, according to an update from Compass Mining. Financial analysts predicted $100,000 Bitcoin prices. Miners reportedly “touted huge purchase orders and deployments. And stock prices seemingly couldn’t go downward.” By the end of that year, however,… Read More

Digital Asset Exchange Aggregator 1inch Network Releases Major Upgrade, Fusion

The 1inch Network has released a major upgrade, Fusion. The upgrade aims “to make swaps on 1inch yet more profitable and secure, setting new standards for cost-efficiency, security and user experience in the DeFi space.” The 1inch Network is pleased to announce the release of… Read More

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