Tagged: virtual currency

January 30, 2023 @ 8:46 am By Omar Faridi  |  

Money laundering is “crucial” to all financially motivated crime because it’s what enables criminals “to access the funds they generate from their activities,” the team at Chainalysis explains. Otherwise, why commit the crimes in the first place? The same is true in cryptocurrency. The goal… Read More

January 14, 2023 @ 10:35 pm By Omar Faridi  |  

Huobi, which claims to be one of the world’s leading virtual asset exchanges, has announced a partnership with Solaris, in order “to deliver a crypto-to-fiat debit card that will enable Huobi users to spend digital assets at the point-of-sale globally.” The Visa-approved program will be… Read More

January 12, 2023 @ 11:38 pm By Omar Faridi  |  

Binance is pleased to announce that Binance Nordics AB has been “granted registration as a financial institution for management and trading in virtual currency by the Swedish Financial Supervisory Authority (Swedish FSA).” This follows months of “constructive engagement” with the regulator. Binance Nordics AB reportedly… Read More

January 9, 2023 @ 9:00 am By Omar Faridi  |  

Crowdfund Insider recently caught up with Kadan Stadelmann, a blockchain developer, operations security professional and Komodo Platform’s chief technology officer. Komodo is described as “an open, composable blockchain platform.” With a multi-chain design, Komodo is focused on “providing fully composable blockchain solutions for independent developers,… Read More

December 28, 2022 @ 7:41 pm By Omar Faridi  |  

NYXEX, a digital asset exchange that claims it is poised to streamline the industry, is pleased  to announce that it has obtained the necessary liquidity and will be launching in Spring 2023. As an emerging player in the crypto-asset space, NYXEX is committed “to providing… Read More

December 27, 2022 @ 8:48 am By Omar Faridi  |  

Core, a free, self-custody wallet engineered for users to seamlessly and securely use Web3 dApps, has integrated Coinbase Pay, giving users more ways “to deposit cash to convert to crypto for use on Avalanche, Ethereum, and many other blockchain networks.” Coinbase Pay supports 60+ fiat… Read More

December 26, 2022 @ 8:17 am By Omar Faridi  |  

In yet another step towards democratizing access to the world of cryptocurrencies in Latin America, Nubank (NYSE: NU) announced two more digital currencies as part of the Nubank Cripto experience, currently “available to more than 67 million of customers in Brazil.” Launched in May “with… Read More

December 22, 2022 @ 10:07 pm By Omar Faridi  |  

The INX Digital Company, Inc. (NEO: INXD), a broker-dealer and inter-dealer broker – offering the first-ever SEC-regulated digital asset trading platform for both cryptocurrencies and security tokens, announced that it has officially entered into a strategic partnership with SICPA, which claims to be a global… Read More

December 20, 2022 @ 9:52 pm By Omar Faridi  |  

Digital asset firm Kraken is pleased to announce that their crypto trading platform now supports withdrawals to Taproot (Bech32m) Bitcoin addresses. Taproot is “an upgrade to the Bitcoin protocol that aims to improve the privacy and efficiency of the world’s first and largest cryptocurrency.” Taproot… Read More

December 18, 2022 @ 10:42 pm By Omar Faridi  |  

The EY organization announced an alliance between TaxBit, a tax and accounting technology provider for cryptocurrency and other digital assets (e.g., non-fungible tokens (NFTs)), and Ernst & Young LLP (EY US) “to help organizations meet tax reporting requirements for digital assets.” Regulators are starting “to… Read More

December 14, 2022 @ 9:47 pm By Omar Faridi  |  

ZEBEDEE, a Fintech and “next-generation” payment processor for the gaming industry, announced the results of a study “surveying over 1,000 U.S. respondents who play a minimum of one hour of video games per week to gauge their feelings toward blockchain technologies, NFTs and cryptocurrencies being… Read More

December 7, 2022 @ 8:17 pm By Omar Faridi  |  

We recently caught up with Martin Dobelle, CEO at Engage Labs, which is set to launch soon, and will be leveraging technology “to empower citizens for democratic participation in the digital age.” Engage claims it is a Public Benefit Corporation. According to Engage Labs, to… Read More

November 21, 2022 @ 11:39 pm By Omar Faridi  |  

Bigo Live, which claims to be one of the world’s fastest-growing social live streaming platforms, has enabled their users to top up accounts by paying “with cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Tether (USDT) and USD Coin (USDC).” Powered by licensed crypto payment gateway TripleA,… Read More

November 13, 2022 @ 12:59 pm By Omar Faridi  |  

Bitfinex, a digital asset trading platform, claims that it has “not been impacted by the latest market events.” The exchange reportedly “remains liquid, stable and strong, and has no exposure to FTX or its FTT exchange token.” Over the past week, Bitfinex has “witnessed an… Read More

November 12, 2022 @ 4:27 pm By Omar Faridi  |  

Hash Blockchain Limited, a member of the HashKey Group, a digital asset financial services group in Asia, has “received approval” from the Securities and Futures Commission of Hong Kong (SFC) in order “to operate a virtual asset trading platform, under a Type 1 (dealing in… Read More

November 10, 2022 @ 9:07 am By Omar Faridi  |  

Truflation, the independent, real-time inflation data aggregator, has partnered with Haptics DAO, a “decentralized” voice command platform that uses audio and haptic feedback “to help visually and hearing impaired users access wallets, trade cryptocurrencies, and explore price feeds and inflation data.” The Haptics DAO project… Read More

October 25, 2022 @ 9:36 pm By Omar Faridi  |  

Japan’s “only” international payment brand JCB Co., Ltd. has launched “JCBDC” (JCB Digital Currency) pilot project with identity technologies no. 1 IDEMIA and Fintech company Soft Space Sdn. Bhd. JCBDC pilot will “develop a CBDC (Central Bank Digital Currency) payment solution and conduct a pilot… Read More

October 20, 2022 @ 9:02 pm By Omar Faridi  |  

Virtual currency trading company CrossTower continues to pursue a potential deal to acquire the assets of the once-leading and now-bankrupt Voyager Digital Ltd. out of bankruptcy, a lawyer for CrossTower noted at a court hearing on Wednesday (October 19, 2022). John Ashmead, CrossTower’s lawyer, a… Read More

October 18, 2022 @ 5:13 pm By Omar Faridi  |  

Following Kraken’s listings of Altair (AIR), Basilisk (BSX), Bifrost (BNC), Karura (KAR), KILT (KILT), Kintsugi (KINT), Moonriver (MOVR), Phala (PHA) and Tokemak (TOKE) for most countries, Kraken is pleased to announce “the availability of these tokens for residents of the United States and Canada.” Funding… Read More

October 15, 2022 @ 7:43 pm By Omar Faridi  |  

BlueSnap, a global payment orchestration platform of choice for leading B2B and B2C businesses, announced a partnership with BitPay, which claims to be the largest provider of Bitcoin and cryptocurrency payment services. This product partnership will “give businesses the ability to accept and get paid… Read More