Tagged: eth

February 29, 2020 @ 2:30 pm By Omar Faridi  |  

LINE, a Japan-based messaging service provider, has reportedly closed down its Singapore-headquartered crypto exchange BITBOX and has launched a globally accessible platform, BITFRONT. Headquartered the US, BITFRONT is run by LVC USA, which is a subsidiary of LVC Corporation, a company that manages LINE’s digital… Read More

February 27, 2020 @ 8:32 am By Omar Faridi  |  

Compound, an open finance solution provider, has launched a new project that aims to decentralize the governance process for its non-custodial lending protocol and platform. The lending solutions’ developers noted that the platform’s governance token, COMP, will let its holders suggest, discuss, and make changes… Read More

February 14, 2020 @ 9:23 am By Omar Faridi  |  

Digix, the developer of the first asset-backed digital gold token, recently upgraded its online marketplace and website. The company’s new marketplace and digital platform aim to simplify the process of buying and managing Digix’s native DGX token. The token was launched to meet the increasing… Read More

February 13, 2020 @ 5:25 am By Omar Faridi  |  

Gate.io, a Malta-based blockchain-based digital asset exchange company, reportedly reached a $400 million in trading volume mark on its perpetual contracts platform, which is a new high for the firm this year.   Gate.io’s management has confirmed that the price accuracy of perpetual contracts settled in… Read More

February 9, 2020 @ 4:05 pm By Omar Faridi  |  

BISON, the digital asset trading mobile app created by a subsidiary of Germany-based stock exchange, Börse Stuttgart, recently revealed that it has now onboarded more than 81,000 users during its first year of operations. Börse Stuttgart’s cryptocurrency trading venture also confirmed its plans to add… Read More

February 8, 2020 @ 5:33 pm By Omar Faridi  |  

The developers of Compound, a decentralized Ethereum-based lending protocol that forms part of the nearly $1 billion (at current valuations) DeFi ecosystem, had commissioned a stress test, which now reveals that the platform will be able to scale its total borrowed ETH value by 10x… Read More

February 8, 2020 @ 9:54 am By Omar Faridi  |  

Bitcoin Depot, one of the world’s fastest-growing multi-cryptocurrency ATM networks, announced on February 6, 2020, that it’s expanding its services to more than 500 ATMs, globally. This move will notably make Bitcoin Depot the largest blockchain ATM network in the world. The firm recently surpassed… Read More

February 7, 2020 @ 8:15 am By Omar Faridi  |  

Nearly $1 billion is now locked up into the evolving decentralized finance (DeFi) ecosystem, according to data site DeFi Pulse. The site tracks major Ethereum-based lending protocols including Maker, a projected managed by the Maker Foundation, a non-profit organization that supports the MakerDAO initiative, which… Read More

February 5, 2020 @ 10:20 am By Omar Faridi  |  

BitGo, a leading digital asset custodian which holds $2 billion worth of cryptocurrency on behalf of its clients, has teamed up with SettleBit, a financial services provider, in order to allow institutions to conduct trades directly from their BitGo accounts. Established in 2013, BitGo provides… Read More

February 4, 2020 @ 5:02 pm By Omar Faridi  |  

Stephen Pair, CEO at BitPay, a leading cryptocurrency payments processor, recently revealed that the platform will begin supporting additional digital assets. Pai confirmed that BitPay was also looking into integrating the Lighting Network (LN), a protocol for a layer-two payments network aimed at expediting Bitcoin… Read More

February 3, 2020 @ 9:57 am By Omar Faridi  |  

US residents now have another zero-fee option to purchase Bitcoin (BTC) using the US dollar. On January 30, 2020, Tokyo-headquartered digital asset exchange bitFlyer introduced its commission-free service for the BTC/USD trading pair to its US-based clients. bitFlyer’s zero-fee feature is currently only being offered… Read More

January 31, 2020 @ 6:02 am By Omar Faridi  |  

Dr. Heath P. Tarbert, chairman and chief executive at the US Commodity Futures Trading Commission (CFTC), recently stated that he would like to see the United States lead the charge when it comes to adopting digital currencies and blockchain or distributed ledger technology (DLT). During… Read More

January 23, 2020 @ 10:29 am By Omar Faridi  |  

Ethereum Classic Labs (ETC Labs) is teaming up with the United Nations’ Children Fund (UNICEF) Innovation Fund by providing $1 million to support various ongoing projects. According to a press release, ETC Labs said it will be allocating $750,000 to global startup graduates of UNICEF’s… Read More

January 20, 2020 @ 4:46 pm By Omar Faridi  |  

UK-based Fintech Zeux has introduced a safe, Easy Access Money Pot, which is a mobile-based platform that awards app users 5% interest (at the annual equivalent rate or AER). The Easy Access Money Pot, which aims to be an alternative to traditional savings accounts, has… Read More

January 17, 2020 @ 8:13 am By Omar Faridi  |  

Grayscale Investments, a subsidiary of the Digital Currency Group (DCG) and the largest institutional holder of Bitcoin (BTC), has published its Digital Asset Investment Report, which highlights the firm’s record-setting investment activity from last year. The report also includes important information about Grayscale’s activity during… Read More

October 22, 2019 @ 9:15 am By Omar Faridi  |  

Heath Tarbert, chairman of the Commodity Futures Trading Commission (CFTC), has reiterated the statement that  Ether (ETH) futures contracts might be introduced next year. Earlier this month, Tarbert broke the news on the possibility of ETH futures during the Yahoo Markets All Finance conference. Tarbert… Read More

August 28, 2019 @ 8:55 am By Cali Haan  |  

The world’s second-largest cryptocurrency network after Bitcoin, Ethereum, is close to capacity as scaling solutions remain unrealized and other coins rent space on the chain. Ethereum came close to capacity once before, in 2017, when there was a brief craze for the “digital collectible” KryptoKitties…. Read More

May 8, 2019 @ 11:47 pm By Cali Haan  |  

The price of Ethereum (ETH), beleaguered for over a year, jumped from ~$160 USD to ~$180 USD in the hours following a May 6th Coindesk report that the CFTC may be “comfortable” with allowing trading of ETH futures. Image from Coinmarketcap. The price had settled… Read More

September 4, 2018 @ 12:55 pm By JD Alois  |  

The Chicago Board of Options Exchange (CBOE) expects to follow in the footsteps of their Bitcoin Futures contracts and offer the same for Ethereum. This is according to a report this past weekend from Business Insider. According to the write up, ETH Futures will launch… Read More

August 19, 2018 @ 5:46 pm By Steven McClurg  |  

2017 was a landmark year for crowdfunding. The JOBS Act passage coincided with blockchain, opened the door for a record in capital raised through ICOs (initial coin offerings) for early stage companies as well as Wantrepreneurs with an idea and a whitepaper.  ICOs were launched… Read More