Tagged: digital currency

Broctagon Announces Enhancements in Cryptocurrency Depositing Systems For Brokers With CRM Upgrade

Broctagon Fintech Group, a multi-asset liquidity and technology provider headquartered in Singapore, recently announced it has enhanced cryptocurrency depositing systems for brokers with CRM upgrade. According to Broctagon, the update adds more than 40 new cryptocurrencies for brokers to accept deposits in. “Traders can now… Read More

BitTorrent & µTorrent Now Accept Binance’s USD-Backed Stablecoin “BUSD”

BitTorrent announced on Thursday its customers may purchase BitTorrent and µTorrent Classic Pro with BUSD, Binance’s USD-backed stablecoin, as well as BNB (BEP2), the native asset on Binance Chain. BitTorrent reported that BUSD joins TRX, BNB, BTC, BTT, and OKB as the sixth cryptocurrency accepted on the… Read More

Digital Asset Algorithmic Liquidity Provider Wintermute Secures $2.8 Million Through Series A Funding Round Led by Lightspeed Venture Partners

  Wintermute, an algorithmic liquidity provider for digital assets, announced on Tuesday it secured $2.8 million through its Series A funding round, which was led by Lightspeed Venture Partners.  Founded in 2017, Wintermute claims to be a leading global market maker for digital assets. It… Read More

Binance Launches Fiat Gateway for 15 Currencies Through Etana Custody

Cryptocurrency exchange Binance announced on Tuesday its new fiat gateway that provides deposit service for 15 fiat currencies through a partnership with Etana Custody. According to Binance, Etana Custody Ltd. is a secure, trusted, and high-performance third-party custodian of fiat and digital assets for institutional… Read More

U.S. Crypto Hardware Wallet Provider Keevo Joins Forces With Storage Information Management Services Iron Mountain to Protect Cryptocurrency Users & Their Heirs

Keevo, U.S.-based next-gen crypto hardware wallet provider, announced on Wednesday announced a strategic partnership with Iron Mountain (NYSE: IRM), the storage and information management services company enabling digital transformation, to deliver advanced backup and beneficiary services for users of its crypto wallet, the Keevo Model… Read More

Crypto Futures Exchange CoinFLEX Unveils Centrally Cleared & Traded Repo Market

CoinFLEX, a physically delivered crypto futures exchange, announced on Monday the launch of its centrally traded repo market powered by deliverable perpetual futures. CoinFLEX claims it is the first exchange to develop and offer deliverable perpetual futures. According to CoinFLEX, the CoinFLEX Repo Market aims… Read More

Crypto Wallet BRD Announces Integration With Hedera Hashgraph

U.S.-based mobile cryptocurrency wallet BRD recently announced it has formed a partnership with enterprise-grade distributed public ledger platform Hedera Hashgraph. BRD reported that through the partnership Hedera’s native cryptocurrency, HBAR, is now available in the BRD consumer wallet. BRD is now supporting Hedera’s ongoing mission… Read More

Former Treasury Secretary Lawrence Summers Joins Circle CEO Jeremy Allaire to Discuss Current Global Economic Landscape & Recent Shifts in Monetary Policy/Central Banking Based on the Economic Crisis Caused By COVID-19

On Thursday, former Treasury Secretary, Lawrence Summers, sat down with Circle CEO Jeremy Allaire on YouTube Live for a special edition of The Money Movement, a weekly interview series that explores the issues and ideas driving the world of digital money.  During the episode, Summers… Read More

KuCoin P2P Fiat Market Supports Buying Crypto With USD Through PayPal

Singapore-based global cryptocurrency exchange KuCoin announced on Wednesday its P2P Fiat Market added support for US Dollars (USD), allowing traders to buy cryptocurrencies like USDT, BTC and ETH with USD through PayPal and other payment methods. According to KuCoin, This is another mainstream fiat currency… Read More

Binance Unveils B2B Solution for Merchants to Natively Integrate Buy Crypto Function

Cryptocurrency exchange Binance announced on Wednesday the launch of its Binance Access, which is a business-to-business (B2B) solution for merchants, vendors, and wallets to integrate a “buy crypto” functionality on their platform. Binance reported that by integrating Binance Access, merchants and vendors are able to… Read More

PayPal & Venmo Reportedly Planning to Roll Out Cryptocurrency Buying/Selling Options

PayPal and Venmo are planning to roll out cryptocurrency buying and selling options through their digital payment platforms, Coindesk reported on Monday. The media outlet revealed that although it is not confirmed which crypto will be offered, sources close to the project have stated they… Read More

Cryptocurrency Exchange PayBito Adds Ripple’s XRP

Cryptocurrency exchange PayBito recently announced it has added Ripple’s XRP to its platform. According to PayBito, XRP is a crypto asset that runs on RippleNet, the real-time gross settlement system (RTGS) and remittance network. XRP Ledger is the underlying open-source distributed ledger database of RippleNet…. Read More

Digital Asset Platform Bittrex Global Now Accepting Mastercard to Fund Accounts

Bittrex, a cryptocurrency exchange based in the U.S., announced on Saturday it is now accepting Mastercard as a source for funding user accounts. Bittrex reported that it will accept Mastercard payments from 36 countries across Africa, Asia, Europe, Latin America, and the Middle East subject… Read More

Crypto.com Rolls Out Infrastructure Updates to Cryptocurrency Exchange

Hong Kong-based cryptocurrency platform Crypto.com announced On Thursday it has rolled out significant infrastructure upgrades to its Exchange, including a revamped Matching Engine, OMS (Order Management System), and unified REST and Websocket API. According to Crypto.com, the update will lead to a ten times increase… Read More

Digital Asset Derivatives Trading Platform Delta Exchange Launches Options Trading on Altcoins

Delta Exchange, a digital asset derivatives exchange that’s based in Singapore, announced on Thursday the launch of Options trading on leading altcoins Binance Coin, BNB, and Chainlink’s LINK token with XTZ, ATOM, XRP, LTC to follow soon. Delta Exchange reported that MOVE Options on LINK… Read More

Ernst & Young  Launches Cryptocurrency Reporting App to Assist With U.S. Tax Filing

Ernst & Young LLP (EY US) announced on Thursday the launch of EY CryptoPrep, a cryptocurrency application that assists with US tax filings. According to EY, this new Software as a Service (SaaS), web-based product is a fully automated, enterprise-grade crypto tax engine offering step-by-step… Read More

tZERO Names May 2020 Strongest Month Ever With Transacting More Than 423,000 Digital Securities & Year-to-Date Volume Up Nearly 50%

tZERO, a blockchain subsidiary of Overstock (NASDAQ: OSTK), recently announced the tZERO ATS recorded its strongest month ever, transacting over 423,000 digital securities, a four-time increase compared to May 2019. Year-to-date through May, the volume is up nearly 50% compared to the same period last… Read More

Blockchain Firm AlphaPoint Celebrates Seventh Birthday

AlphaPoint, a blockchain company focused on enabling institutions to launch, scale, and operate digital asset exchanges, is celebrating its seventh birthday. The company was founded in June 2013, with a mission to play a part in that change by enabling access to this new asset… Read More

CBDCs: South Korean Reserve Bank Appoints Legal Team to Explore Feasability of Issuing a Digital Currency

South Korea’s reserve bank has reportedly appointed a six-member legal advisory team to look into the feasibility and potential benefits of issuing a central bank digital currency (CBDC). The Korean central bank’s advisory group includes three university professors, two legal experts, and a senior official… Read More

Dash Investment Foundation, Supporter of Digital Asset Dash, Invests in Gold to Diversify and Strengthen Portfolio

The Dash Investment Foundation (DIF), an organization that makes Dash (digital currency) denominated business loans and equity investments within the blockchain and crypto-asset sector, has purchased gold for the first time. The organization said it will be introducing its Dash-to-gold rebalancing strategy, which involves diversifying… Read More

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