Tagged: ethereum

June 3, 2021 @ 7:04 pm By Omar Faridi  |  

Abra, a “fully compliant” platform for purchasing, selling, and trading more than 100 digital currencies and earning interest of “up to 10.5%” on “select digital assets,” revealed on Wednesday (June 2, 2021) that Abra Borrow, its in-app feature for using crypto “as collateral to borrow… Read More

June 2, 2021 @ 9:33 pm By Omar Faridi  |  

Perk Labs Inc. (CSE: PERK)(OTCQB:PKLBF)(FKT:PKLB), the parent company of Perk Hero, the mobile commerce platform with attractive deals on curated specialty products and digital gift cards, has teamed up with BitPay, a leading provider of Bitcoin and crypto payment services. Perk Labs plans to take… Read More

June 2, 2021 @ 2:24 pm By Omar Faridi  |  

The cryptocurrency market has really been tested during the past few weeks following “a cascade of negative news,” the Coin Metrics team notes in its latest report. The resulting crypto market price crash has also been “a big test” for stablecoins, which are becoming a… Read More

June 1, 2021 @ 7:32 am By Omar Faridi  |  

As Germany’s very first regulated trading platform for crypto-assets, Boerse Stuttgart Digital Exchange (BSDEX) now also provides investors a mobile app for trading major digital currencies such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and XRP. The mobile app is currently available via app stores… Read More

May 31, 2021 @ 10:17 am By Omar Faridi  |  

Major banking institutions in the UK like Barclays have decided to block or prevent their clients from transferring money to virtual currency exchanges. Digital banking Fintechs such as Monzo and Starling Bank have also been cracking down on crypto-related entities and transactions they may be… Read More

May 26, 2021 @ 11:10 pm By Omar Faridi  |  

James Butterfill, Investment Strategist at London-based CoinShares, a digital asset manager focused on expanding access to the cryptocurrency ecosystem while serving as a “trusted partner” for its clients, notes in a blog post published on Tuesday (May 24) that for the week ending 24 May… Read More

May 25, 2021 @ 10:57 pm By Omar Faridi  |  

The Wharton School of the University of Pennsylvania, the business school of the University of Pennsylvania, a private Ivy League university in Philadelphia, has released a report titled, “DeFi Beyond the Hype – The Emerging World of Decentralized Finance.” The extensive report, which has been… Read More

May 24, 2021 @ 10:01 pm By Omar Faridi  |  

The Central Bank of Kuwait has issued a statement on crypto assets and their risks. Kuwait‘s reserve bank says that it aims to enhance financial awareness and intends to encourage the Kuwaiti banking sector to adopt socially responsible business practices. The Central Bank of Kuwait… Read More

May 24, 2021 @ 4:35 pm By Omar Faridi  |  

Bitcoin (BTC), the flagship cryptocurrency, is up nearly 13% in the past 24 hours. It’s trading at around $37,800 at the time of writing. Meanwhile, Ethereum (ETH), the second-largest crypto by market cap, is up around 30% in the last 24 hours and is trading… Read More

May 23, 2021 @ 8:11 pm By Omar Faridi  |  

InsurAce, a DeFi insurance protocol, is introducing multi-chain insurance services on its Ethereum dApp (app.insurace.io), in order to offer insurance coverage to protocols and blockchain platforms like Ethereum, Binance Smart Chain (BSC), Huobi Eco Chain (HECO), Solana, Polygon, and Fantom. As mentioned in the announcement,… Read More

May 21, 2021 @ 2:16 pm By Omar Faridi  |  

Chainalysis, the blockchain analysis firm, revealed on Thursday (May 20, 2021) that it has launched Chainalysis Business Data, which is described as a “first-of-its-kind” data offering to assist digital asset exchanges and other Fintechs that provide crypto-related services. Chainalysis Business Data should allow service providers… Read More

May 19, 2021 @ 11:47 pm By Omar Faridi  |  

CITCON, the payment gateway provider that offers in-store, online, and mobile payment solutions to over 6,000 brands across the globe, has partnered with Flexa, the “pure-digital” payments network, in order to enable merchants with accepting cryptocurrencies as a payment option. Merchants connected to Citcon will… Read More

May 19, 2021 @ 7:45 am By Omar Faridi  |  

James Butterfill, Investment Strategist at London-based CoinShares, a digital asset manager focused on expanding access to the cryptocurrency ecosystem while serving as a “trusted partner” for its clients, notes in a blog post published on Tuesday (May 18) that for the week ending 17 May… Read More

May 18, 2021 @ 2:29 pm By Omar Faridi  |  

Nate Maddrey and the Coin Metrics team have noted in their latest State of the Network Report that after Elon Musk helped drive the Bitcoin (BTC) price to around $60,000 (three months back), he’s now managed to send the volatile digital currency markets in the opposite… Read More

May 18, 2021 @ 12:00 pm By Omar Faridi  |  

James Wang, an experienced crypto analyst who says that Ethereum (ETH) could be the “last investment of your life,” points out that the world’s largest smart contract platform isn’t merely a cryptocurrency. Wang explains that Ethereum is a complete software platform with a rapidly increasing… Read More

May 17, 2021 @ 9:43 pm By Omar Faridi  |  

Digital asset firm Kraken notes in a blog post that Ethereum (ETH) remains a “driving force” behind cryptocurrency innovation. The team at Kraken points out that during the past year, Ethereum has played host to an “explosion” in digital art and “created a multi-billion dollar… Read More

May 16, 2021 @ 4:07 pm By Omar Faridi  |  

High-performance, high-throughput blockchain developer Ontology (ONT) has published its Weekly Report, ending May 11, 2021. Ontology, which develops digital ID solutions and various other distributed ledger tech (DLT) applications, notes that ONTO and bloXroute announced a partnership to offer ETH “front-running” protection for wallet users… Read More

May 14, 2021 @ 6:38 pm By Omar Faridi  |  

Banxa, an established payment service provider (PSP) for the crypto-asset sector, has reportedly integrated its crypto-to-fiat gateway with Bancor, a liquidity protocol enabling automated cross-chain swaps and liquidity provision to various digital tokens. Through this latest integration, Bancor users will have the option to buy… Read More

May 14, 2021 @ 7:38 am By Omar Faridi  |  

Digivault, the “secure” digital asset custody business of Nasdaq listed Diginex Limited (Nasdaq: EQOS), has reportedly become the “first” stand-alone crypto custodian to receive approval from the UK Financial Conduct Authority (FCA) in order to register as a custodian wallet provider “under the Money Laundering,… Read More

May 12, 2021 @ 11:46 am By Omar Faridi  |  

Balancer Version 2.0, the “most flexible” and efficient automated market maker (AMM) is now live. Balancer Labs, which aims to become the “primary source” of DeFi liquidity by offering the “most flexible” and simple platform for asset management, has announced many new updates. As previously… Read More