Tagged: ether

Amsterdam-based Fintech BUX, a Retail Brokerage Firm, to Introduce “Soft Launch” Version of its Crypto Exchange Next Month

Amsterdam-headquartered BUX, a retail brokerage company, confirmed recently that it will be introducing the “soft launch” version of its cryptocurrency trading platform during the first week of next month. However, the Dutch Fintech firm says it’s not aiming for fast customer acquisition. Called “BUX Crypto,”… Read More

Multi-Million Dollar Decentralized Finance Protocol bZX has Been Exploited: Report

bZX, a leading Ethereum-based decentralized finance (DeFi) lending protocol has reportedly been exploited. Although the exact amount of Ether (ETH) lost due to the exploit has not been confirmed, Kyle Kristner, co-founder at bZx, says “a portion of ETH [was] lost.” As reported by The… Read More

Dr. Huang Lin Explains Why He’s Developing the ZK-ConSNARK Privacy Protocol for Conducting Secure Cryptocurrency Transactions

The developers of the Suterusu protocol are presently working on a scalable, privacy-preserving second layer solution for secure digital asset management. Any crypto-asset, including Bitcoin (BTC) and Ether (ETH), may soon be used to conduct fully anonymous transactions using the Suterusu protocol. Suterusu’s technology, ZK-ConSNARK,… Read More

Malta-based Gate.io, a Blockchain Asset Exchange, Hits $400 Million Mark for Perpetual Contracts

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

Börse Stuttgart’s Digital Asset Trading App Now Has 81,000+ Users, Will Add New Features Soon

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

DeFi: Decentralized Finance Platform Compound’s Developers Reveal Results of Stress Tests Under Extreme Market Conditions

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

Major Multi-Cryptocurrency ATM Network Bitcoin Depot Is Expanding Services to Over 500 ATMs Globally

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

Nearly $1 Billion Now Locked into Ethereum-Dominated Decentralized Finance (DeFi) Ecosystem

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

Leading Digital Asset Custodian BitGo Partners with SettleBit to Allow Institutions to Trade Directly from their BitGo Accounts

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

BitPay CEO Stephen Pair Confirms Giant Crypto Payments Processor to Add Support for More Digital Assets

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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

Enterprise-grade DLT Platform Insolar Launches Mainnet, Introduces Native Insolar Coin (XNS)

Enterprise-grade distributed ledger tech (DLT) platform Insolar is launching its own main network (mainnet), while introducing its native Insolar Coin (XNS), in order to replace its previously used Ethereum-based digital token INS. Following the successful trial period of its testnet last year, Insolar has introduced… Read More

bitFlyer is Now Offering US Residents a Zero-Fee Option to Buy Bitcoin (BTC) with US Dollar

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

CFTC Chairman Heath P. Tarbert Wants US to Take the Lead in Adopting Cryptocurrencies and Blockchain Technology

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

Ethereum Classic Labs (ETC Labs) Partners UNICEF by Providing $1 Million to its Innovation Fund to Support Social Impact Blockchain Projects

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

UK-based Fintech Zeux Introduces Savings-like Account Offering 5% Interest Rate, Supports BTC and ETH

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

Grayscale Records “Most Significant Asset Raising Year” with Total Investments Valued at $607.7 Million for FY 2019

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

Crypto Startup Travala Partners Booking.com to Accept Digital Currency Payments for Hotel Reservations

Travala, a service that lets users pay for hotel reservations with digital currencies, will now be allowing its clients to book any hotel that is available via Booking.com. Travala’s management says that it has integrated Booking.com’s listed accommodations on its platform. The newly launched feature… Read More

Brave New Coin and BTSE Introduce New Index to Track Bitcoin (BTC), Ether (ETH), Litecoin (LTC) Market Performance

New Zealand-based Brave New Coin (BNC), a data and research firm focused on the blockchain and digital equities industry, has partnered with multi-currency futures exchange BTSE in order to release the BNC-BTSE Composite Index (BBCX).  According to a press release shared with Crowdfund Insider, the… Read More

CFTC Chair Says Other Cryptos May Qualify as Commodities, Ether Futures Might Launch in 2020

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

Blockchain Secuirty Firm CipherTrace Launches Comprehensive Virtual Asset Tracing Capability

CipherTrace, the leading provider of cryptocurrency intelligence and blockchain security, announced on October 15 the launch of a comprehensive virtual asset tracing capability.  According to a press release shared with Crowdfund Insider, CipherTrace customers can trace Bitcoin (BTC) transactions and over 700 digital tokens following… Read More

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