Tagged: stablecoin

January 31, 2022 @ 9:54 am By JD Alois  |  

Circle has announced support for USDC on the Flow network. Flow is -a Web3 platform originally created by Dapper Labs, that includes an ecosystem of NFT projects including NBA Top Shot, BALLERZ, Matrix World, and others. USDC is the second-largest stablecoin by market cap in… Read More

January 25, 2022 @ 10:22 pm By Tony Zerucha  |  

Everest, a Fintech company with blockchain solutions for identity verification, eKYC, crypto custodianship, and financial services, this week announced an integration with Polygon, a leading platform for Ethereum scalability and infrastructure development. By making its EverChain fully interoperable with Polygon PoS chain, Everest brings its… Read More

January 19, 2022 @ 4:05 pm By Tony Zerucha  |  

  Like many Fintech entrepreneurs, Tokeny CEO Luc Falempin, was immediately excited when he read the Bitcoin whitepaper, so much that he devoted his career to using blockchain technology to make financial markets available to everyone. A few years later, Falempin is well on his… Read More

January 17, 2022 @ 8:22 pm By Omar Faridi  |  

The team at Ramp has shared a detailed look into how the early adoption of stablecoins helped them with increasing their Corporate Treasury returns. Alex Song, Head of Finance at Ramp, notes that during the past two and a half years, the Fintech company has been… Read More

January 17, 2022 @ 4:23 pm By Omar Faridi  |  

We recently connected with Valentin Mihov, Co-founder, and Chief Investment Officer at Finexify, a boutique investment company that offers an opportunity to gain exposure to the decentralized finance (DeFi) space. The team at Finexify thinks that limited access to DeFi means “extraordinary” alpha with limited… Read More

January 16, 2022 @ 11:34 pm By Omar Faridi  |  

Digital assets firm Okcoin is now offering the two crypto tokens of the Abracadabra.money ecosystem, Spell (SPELL) and Magic Internet Money (MIM), with “some of the lowest fees around.” As noted in the update from Okcoin, here’s what each of these tokens are about, in… Read More

January 11, 2022 @ 10:30 pm By Omar Faridi  |  

As the crypto and blockchain space continues to grow steadily, decentralized autonomous organizations (DAOs) are becoming more common (because they provide a way to enable decentralized governance). After its MainNet launch back in June 2018, the 3-year-old TRON blockchain platform has developed its own DAO… Read More

January 6, 2022 @ 9:49 pm By Omar Faridi  |  

Bitrefill, a Fintech company that’s supporting digital currency adoption by helping consumers “live on crypto” with gift cards, phone refills, and Lightning Network access, claims that you can now live on crypto in Saudi Arabia. Bitrefill has reportedly added 73 new and popular gift cards… Read More

January 5, 2022 @ 2:12 pm By Omar Faridi  |  

The VeChain Foundation, a non-profit entity established in Singapore, recently revealed that they’re pleased to confirm that following months of development, the contract for VeUSD, VeChain’s first native stablecoin, will “soon go live on mainnet, ushering in a new era for VeChainThor.” With their international… Read More

December 28, 2021 @ 5:00 pm By Tony Zerucha  |  

More than half a billion dollars worth of cryptoassets were stolen from exchanges in the first half of December, compliance firm Elliptic said in a recent blog post. On Dec. 11 and 12, close to $83 million was stolen from AscendEX, a cryptoasset exchange that… Read More

December 28, 2021 @ 4:37 am By Omar Faridi  |  

On its face (or at surface level), 2021 may not have seemed like the year cryptocurrency “got serious,” according to an end-of-year update from Mastercard (NYSE: MA). The team at Mastercard noted that this year, we had Elon Musk sending Dogecoin (a virtual currency initially… Read More

December 28, 2021 @ 2:18 am By Omar Faridi  |  

This week, crypto (again) reached “record levels” of investment while industry professionals gathered to predict the key trends for the sector in 2022, the team at Sygnum Bank wrote in a blog post. At the same time, Sygnum has introduced a structured product offering (what… Read More

December 27, 2021 @ 1:40 pm By Omar Faridi  |  

The blockchain and crypto-assets space has grown tremendously during the past 18 months due in part to the acceleration of the ongoing digital transformation. Many more consumers and business organizations are completing tasks online instead of visiting physical locations to avoid the further spread of… Read More

December 19, 2021 @ 5:05 pm By JD Alois  |  

SEBA Bank, a Switzerland digital asset bank regulated by FINMA, has launched a gold token. This digital asset represents physical gold and has rights for physical delivery. The SEBA Bank Gold Token is designed to simplify the process of investing in gold as a digital… Read More

December 14, 2021 @ 8:21 am By Omar Faridi  |  

Deel has announced the addition of USDC and Solana as withdrawal currencies via Coinbase (COIN: Nasdaq). Deel first teamed up with Coinbase in November 2020 to “enable users to withdraw their paychecks in cryptocurrency,” according to an update shared with Crowdfund Insider. Deel currently supports five… Read More

December 12, 2021 @ 3:13 pm By Omar Faridi  |  

Beginning on December 9, 2021, API3 (API3), Bluzelle (BLZ), Circuits of Value (COVAL), Gods Unchained (GODS), Immutable X (IMX), Measurable Data Token (MDT), mStable USD (MUSD) and Ribbon Finance (RBN) are available on Coinbase.com and via the Coinbase Android and iOS apps. Coinbase (NASDAQ:COIN) clients… Read More

December 10, 2021 @ 5:11 pm By JD Alois  |  

Meta, formerly known as Facebook (NASDAQ:FB), has enabled its digital wallet Novi to transfer funds using Paxos’ dollar-based stablecoin USDP via WhatsApp – another Meta company. Paxos is a top digital asset platform in the US that has pursued a compliance-first approach to providing crypto… Read More

December 2, 2021 @ 7:58 am By Omar Faridi  |  

Payments are faster and easier than ever before, the Chainalysis team writes in a blog post. As taps and texts continue to overtake cash and checks, they’re “increasingly digital, too,” the Chainalysis team adds while noting that thanks to the blockchain or distributed ledger tech… Read More

November 30, 2021 @ 4:34 pm By JD Alois  |  

David Marcus, the lead executive at Facebook / Meta (NASDAQ:FB) heading the charge for Facebook’s botched attempt to create a digital currency is exiting the firm to “pursue other projects,” according to a report in Bloomberg. Marcus joined Facebook from PayPal in 2014. According to… Read More

November 28, 2021 @ 10:39 am By Omar Faridi  |  

If you’re a blockchain developer or brand building your application on the Algorand blockchain, then you may be interested in knowing that Wyre’s integration with Algorand is now live. As mentioned in the announcement, this means that application developers on the Algorand blockchain are able… Read More