Tagged: virtual currencies

Crypto Exchange OKcoin Adds Ethereum Name Service (ENS), Zilliqa (ZIL), Astar (ASTR), ICON (ICX)

Crypto exchange OKcoin recently announced that clients may now deposit, withdraw, and trade ENS, ZIL, ASTR, and ICX against USD via Okcoin. According to the digital asset exchange, here’s what you need to know about these four crypto tokens. This offer is for all Okcoin… Read More

Double Extortion Ransomware Increased Almost 500% in 2021, CipherTrace Reports

CipherTrace, a Mastercard Company, has reported a significant increase in the number of payments “made to ransomware groups in 2021.” The growth in this criminal enterprise “is so large that the first six months of 2021 saw payments that matched the whole of 2020.” With… Read More

Gaming Fintech ZEBEDEE and UK based Mobile Gaming Studio Fumb Games Release Bitcoin Miner

Gaming Fintech ZEBEDEE and mobile gaming studio Fumb Games recently announced the release of Bitcoin Miner, which is “an idle mobile game that pays players real Bitcoin for managing a simulated crypto mining business.” The game represents “an interesting fusion of gaming and Fintech, as… Read More

Digital Assets: Aventus Network AVT Token Now Listed on Crypto Exchange Gate.io

The Aventus Network – the “full service” enterprise blockchain solution that brings scalability, speed, lower costs and interoperability to blockchain transactions – has announced that its native utility token AVT has been listed on international cryptocurrency exchange, Gate.io. This is the third listing on an… Read More

Nexo Introduces Card Backed by a Crypto Credit Line With Mastercard, DiPocket

Nexo, the regulated institution for digital assets, has launched the Nexo Card, a crypto-backed Mastercard card, “in select European markets.” For the launch, Nexo is partnering with Mastercard and DiPocket, giving its users “access to cryptocurrency-powered liquidity across 92M+ merchant sites worldwide.” The Nexo Card… Read More

Pledge Fundraising Platform Introduces PledgeCrypto for Nonprofits

PledgeCrypto, developed by Pledge, the fundraising platform that Ariana Grande used for Trans Day of Visibility, now provides fundraising with over 130 different virtual currencies, including Bitcoin, Ethereum (ETH), and Tether that “immediately converts to fiat (USD), eliminating the need for nonprofits to manage crypto… Read More

Unifimoney Finalizes $10M Seed Round for its Digital Wealth Management Platform

Unifimoney Inc., a “turnkey” digital wealth management platform for Community Banks and Credit Unions, recently announced a $10 million seed funding round. Unifimoney’s platform offers “a comprehensive digital wealth management platform with trading of over 70 cryptocurrencies, passive and active investing in thousands of stocks… Read More

CME Group, CF Benchmarks to Introduce New Cryptocurrency Reference Rates, Real-Time Indices

CME Group, the derivatives marketplace, and CF Benchmarks, the provider of cryptocurrency benchmark indices, announced plans to introduce 11 new virtual currency reference rates and real-time indices, which will be “calculated and published daily by CF Benchmarks, beginning April 25.” These reference rates and indices… Read More

Future of Financial Services Examined in Latest YouGov Report, Covering BNPL, Crypto-Assets

YouGov’s report The Future of Financial Services Report looks at the ongoing transformation of the US and international financial service industry as it “faces the headwinds of changing consumer expectations and wider industry fragmentation.” Recent data collected “paints a revealing picture of disruptions within the… Read More

Digital Assets: Gemini Is Supporting Maple Finance (MPL), DeFi Pulse Index (DPI), Index Cooperative (INDEX)

The team at digital asset firm Gemini has added support for a new set of digital tokens. The following crypto tokens are available for trading on their API/FIX and ActiveTrader applications “for USD trading pairs, and on the Gemini Mobile App and website for USD,… Read More

CME Group Introduces Micro-Sized Bitcoin (BTC) and Ethereum (ETH) Options

CME Group, the leading derivatives marketplace, has introduced options on Micro Bitcoin and Micro Ether futures, further expanding its suite of virtual currency derivatives offerings. Tim McCourt, CME Group Global Head of Equity and FX Products, stated: “The launch of these micro-sized options builds on… Read More

Kraken Adds Staking, Trading for MINA Token for US, Canada, Australia Clients

Following digital asset firm Kraken’s listing and staking of MINA tokens for most nations, the firm is pleased to confirm the availability of Mina trading and staking “with up to 20% in yearly rewards for residents of the USA, Canada and Australia.” Funding and Trading… Read More

FirstBlock Capital LLC Announces its New Focus on Investing in Digital Assets

FirstBlock Capital LLC, helmed by VC Peter Janssen, recently announced his new focus on investing in digital assets. Peter said his firm plans to deploy capital “across blockchain and digital asset start-ups and public tokens.” With the rise of virtual currencies, he believes this is… Read More

William Anderson: VP of Engineering at Voice Explains How Multichain Platforms Ensure Accessibility, Connectivity Across the NFT Ecosystem

We recently connected with William Anderson, VP of Engineering at Voice, who explained why multichain platforms ensure accessibility and connectivity across the NFT ecosystem. Voice, the NFT platform for creators (which had started off as somewhat of a blockchain or DLT-powered social media platform but… Read More

Digital Asset Platform Gemini Now Supports Trading with ApeCoin (APE)

The team at Gemini is pleased to announce support for ApeCoin (APE). ApeCoin or APE tokens are trading at $11.52 with a market cap of over $1.5 billion at the time of writing (according to CoinGecko data). ApeCoin (APE) is currently available for trading on… Read More

CarNow and Cion Digital to Offer Clients the Option to Buy, Finance Cars with Cryptocurrencies

CarNow, the automotive industry’s digital retailing firm, recently announced a partnership with Cion Digital, offering clients a way to purchase and finance vehicles using cryptocurrency via “an integration with CarNow’s Real-Time Retail™ platform.” Cion Digital’s “ready-to-deploy” modular payments and lending platform offers firms with access… Read More

Crypto Taxes: Abhinav Soomaney, CEO at CryptoTax, Explains How to Manage Taxable Digital Currency Transactions

IRS Internal Revenue Service

We recently caught up with Abhinav R. Soomaney, Founder and CEO at CryptoTax Pvt. Ltd. He talked about different tax aspects of cryptocurrency and blockchain-related investments. CryptoTax Pvt. Ltd. (CryptoTax) was incorporated in the year 2021 and claims to be the first cryptocurrency tax consultancy… Read More

Digital Asset Firm Gemini Now Supports Solana (SOL), Raydium (RAY), Saber (SBR)

Digital asset firm Gemini is pleased to confirm that they are now supporting Solana (SOL) trading. Solana (SOL) is currently available for trading via their API/FIX and ActiveTrader apps for USD trading pairs, and on the Gemini Mobile App and website “for USD, GBP, EUR,… Read More

Coinbase Stops Just Short of Complete Ban on Crypto Accts Maintained by Residents of Russia

US-based digital asset firm Coinbase Global Inc (NASDAQ: COIN) confirmed that it would continue to block accounts and transfers of Russian customers targeted by US and EU-led sanctions. However, the crypto exchange has stopped short of banning all customers from Russia As reported by Reuters,… Read More

Digital Assets: Okcoin Adds WAX Token (WAXP) Trading, Explains How to Secure Crypto Holdings

Digital asset firm Okcoin reveals that clients are now able to trade the WAX token (WAXP) against USD via the crypto trading platform. Okcoin has shared what the initiative is all about, “in simple terms.” The team at Okcoin confirmed that you can now deposit,… Read More

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