Tagged: digital currency

January 2, 2023 @ 8:40 am By Omar Faridi  |  

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

January 1, 2023 @ 6:42 pm By Omar Faridi  |  

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

December 31, 2022 @ 2:47 pm By Omar Faridi  |  

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

December 30, 2022 @ 11:00 am By Omar Faridi  |  

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

December 29, 2022 @ 7:17 pm By Omar Faridi  |  

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

December 29, 2022 @ 8:32 am By Omar Faridi  |  

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

December 28, 2022 @ 11:47 am By Omar Faridi  |  

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

December 27, 2022 @ 11:27 am By Omar Faridi  |  

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

December 27, 2022 @ 10:51 am By Omar Faridi  |  

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

December 26, 2022 @ 7:37 pm By Omar Faridi  |  

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

December 26, 2022 @ 3:47 pm By Omar Faridi  |  

Cryptocurrency exchanges allow us to buy, sell and store cryptocurrencies. Unfortunately, this has “enabled crypto exchanges to become a target for hackers,” according to an update shared with Crowdfund Insider. Since 2012, “at least 47 cryptocurrency exchanges suffered from major hacks forcing platforms to shut… Read More

December 23, 2022 @ 10:57 am By Omar Faridi  |  

Wyre is pleased to announce their recent integration with BNB Chain. This partnership allows their developers building with Wyre the ability to leverage their entire API stack on BNB Chain “as well on-ramping directly into $BUSD and $BNB through all payment methods.” This integration is… Read More

December 20, 2022 @ 2:52 pm By Omar Faridi  |  

OKC (OKX Chain), the EVM and IBC-compatible chain backed by OKX – the world’s “second-largest” crypto exchange by trading volume, announced the launch of their Liquid Staking protocol. Liquid Staking is meant to be “a key element for the rapidly-expanding DeFi ecosystem on OKC, offering… Read More

December 19, 2022 @ 8:02 pm By Omar Faridi  |  

Blockchain Intelligence Group, a key player focused on blockchain investigations, owned by BIGG Digital Assets, Inc. (CSE: BIGG), announced the availability of the Cardano and Stacks blockchains on its platform, which “provides crypto firms, law enforcement, banks and government intelligence and security for cryptocurrency transactions.”… Read More

December 18, 2022 @ 2:27 pm By Omar Faridi  |  

Digital asset firm Gemini says it’s pleased to announce that individuals and institutions in Greece and Bulgaria can now “open a Gemini account to deposit, trade, and custody over 100 cryptocurrencies.” Consumers in these additional two markets “can securely access Gemini’s website or mobile app… Read More

December 13, 2022 @ 7:22 pm By Omar Faridi  |  

Bybit, which claims to be the world’s “third-most” visited crypto exchange, has implemented a Proof of Reserves system that “allows users to verify the company’s holdings directly.” The system uses Merkle Tree “to enable users to quickly verify their assets deposited in Bybit and authenticates… Read More

December 9, 2022 @ 7:18 pm By Omar Faridi  |  

Digital asset firm Okcoin reveals that you can now “deposit 1inch Network (1INCH), Curve DAO (CRV), Kyber Network (KNC), Livepeer (LPT), Metis (METIS), The Sandbox (SAND), Skale (SKL), and Nano (XNO) on Okcoin.” According to details shared by Okcoin, here’s what these projects are all… Read More

December 9, 2022 @ 8:11 am By Omar Faridi  |  

Luxembourg is a country known for its “strong” focus on innovation and is one of the world’s “leading” financial centers, and PayPal (NASDAQ:PYPL) is pleased to announce that they will be “expanding PayPal’s cryptocurrency services to eligible Luxembourgish customers in the coming days.” The introduction… Read More

December 8, 2022 @ 3:11 pm By Omar Faridi  |  

Binance.US, the U.S. partner to one of the world’s largest crypto exchange and America’s home to buy, sell, trade, convert and stake digital assets, announced that it “has expanded its zero fee pricing model to now include Ethereum (ETH), effective immediately.” All new and existing… Read More

December 7, 2022 @ 8:17 pm By Omar Faridi  |  

We recently caught up with Martin Dobelle, CEO at Engage Labs, which is set to launch soon, and will be leveraging technology “to empower citizens for democratic participation in the digital age.” Engage claims it is a Public Benefit Corporation. According to Engage Labs, to… Read More