Tagged: virtual currency

April 24, 2022 @ 4:38 pm By Omar Faridi  |  

ETC Group has reportedly added an XRP backed investment product to its expanding digital assets portfolio of Exchange Traded Cryptocurrencies (ETCs) in Europe “which include BTCE, the world’s most traded crypto Exchange Traded Product (ETP).” ETC Group, which claims to be one of Europe’s leading… Read More

April 16, 2022 @ 11:51 am By Omar Faridi  |  

Gemini, a digital currency platform to buy, sell, earn, and store crypto, recently announced that the Gemini Credit CardTM is now available “in all 50 U.S. states.” Cardholders can “earn up to 3% crypto back on dining+, 2% crypto back on groceries, and 1% crypto… Read More

April 12, 2022 @ 5:17 pm By Omar Faridi  |  

According to a Nasdaq survey of 500 financial advisors who are “currently or considering allocating to crypto,” 72% of advisors would be “more likely to invest client assets in crypto if a spot ETF product were offered in the United States.” Among advisors already investing… Read More

April 10, 2022 @ 10:52 pm By Omar Faridi  |  

Evvio, an “emerging” Fintech focused on next-gen digital commerce tech, recently announced the launch of Fluid CommerceTM. For e-commerce transactions, Fluid Commerce’s patented tech “eliminates the need for credit cards, bank accounts and third-party processors.” Fluid Commerce can be “used within and across e-commerce networks,… Read More

April 4, 2022 @ 11:09 am By Omar Faridi  |  

This latest version of 1inch‘s mobile wallet will enable Android users “to take advantage of convenient token swaps at the most competitive rates, as well as other functionality.” The 1inch Wallet for iOS, launched last April, “turned out to be absolutely successful with users, and… Read More

April 4, 2022 @ 8:23 am By Omar Faridi  |  

Binance’s Chief Technology Officer, Rohit Wad recently shared why he decided to make the leap to crypto and blockchain, and the projects that “excite” him. Rohit noted that before the COVID-19 pandemic, his mother “didn’t even use credit cards.” He added that now, she knows… Read More

March 5, 2022 @ 11:35 am By Omar Faridi  |  

The team at Blockchain.com, a provider of a crypto wallet, block explorer, and digital asset trading platform, notes that if you are new or just getting started with crypto taxes, then no need to worry because “so is everyone.” That’s why later this month, Blockchain.com… Read More

March 4, 2022 @ 8:18 am By Omar Faridi  |  

Ukraine is reportedly funding its war against Russia by appealing to the global crypto community. This, as the nation will soon introduce non-fungible tokens (NFTs) in order to help support financially its armed forces. Mykhailo Fedorov, the Vice Prime Minister of Ukraine, recently confirmed that… Read More

February 28, 2022 @ 8:30 pm By Omar Faridi  |  

We recently connected with Neeraj Khandelwal, Co-founder of CoinDCX, one of India’s largest digital asset exchanges. As covered in August 2021, CoinDCX turned into India’s first crypto unicorn following a $90 million investment round led by Facebook Inc. co-founder Eduardo Saverin and B Capital Group… Read More

February 22, 2022 @ 8:05 am By Omar Faridi  |  

Blockchain.com, a block explorer service, crypto wallet provider, and digital asset trading platform, notes that if people think that the 2022 Winter Olympics had “thrilling” ups and downs, they should consider getting into crypto and blockchain. During the coming weeks, Blockchain.com says it will be… Read More

February 21, 2022 @ 6:16 pm By Omar Faridi  |  

The team at digital asset firm Kraken is pleased to confirm that their platform now supports TerraUSD (UST). Clients may now add UST to their Kraken accounts by navigating to Funding, choosing the asset, and hitting Deposit. Trading is scheduled to begin on February 17,… Read More

February 16, 2022 @ 11:57 pm By Omar Faridi  |  

Bakkt Holdings, Inc. (NYSE: BKKT), a digital asset platform that enables clients to purchase, sell, send and spend a range of virtual currencies, has announced that Valliance Bank, a provider of various financial solutions, will provide clients access to Bitcoin (BTC) and Ethereum (ETH) via… Read More

February 15, 2022 @ 11:11 pm By Omar Faridi  |  

Indonesia’s Financial Services Authority (OJK) recently announced that they’re strictly prohibiting the nation’s financial services providers from marketing or facilitating the trading of cryptocurrencies. The Indonesian regulator has cautioned that the value of virtual currencies are subject to market fluctuations and investors need to be… Read More

February 14, 2022 @ 10:57 am By Omar Faridi  |  

Stephen Palley. Partner, Anderson Kill. Chair, Technology, Media & Distributed Systems Group, noted that an FBI agent once told (with “false modesty to be sure”) that their biggest breaks often “come not from law enforcement genius but from mistakes by their targets.” Palley further noted… Read More

February 12, 2022 @ 9:49 am By Omar Faridi  |  

BlockFi Inc. is reportedly getting ready to pay $100 million in order to settle allegations from the US Securities and Exchange Commission (SEC) and State regulators that it had been illegally offering a product that pays clients really high interest rates to lend out their… Read More

February 9, 2022 @ 8:35 am By Omar Faridi  |  

On August 2, 2016, Bitfinex – notably one of the largest virtual currency exchanges in the world – experienced a massive security breach. In a span of fewer than two hours, around 120,000 Bitcoins (BTC) had been stolen from Bitfinex and spread across 2,075 different… Read More

February 9, 2022 @ 8:07 am By Omar Faridi  |  

The team at MoonPay notes that they are pleased to announce that they are now live with CoinGate. This integration, which has been announced after a $555 million Series A at a $3.4 billion valuation, makes it easier for CoinGate’s users to purchase Bitcoin, Ethereum,… Read More

February 7, 2022 @ 8:04 pm By Omar Faridi  |  

Didi Taihuttu, who is a member of “Bitcoin Family,” is reportedly settling down in Portugal, which is one of Europe’s crypto tax havens, according to a report by CNBC. Settling down in Portugal is a huge deal for the family of five (originally from Netherlands),… Read More

February 1, 2022 @ 9:06 am By Omar Faridi  |  

Alan Lane, CEO at Silvergate Capital (NYSE:SI), has noted that the bank holding company aims to introduce a stablecoin by the end of 2022.  The plan has been revealed after the firm’s recent acquisitions of assets and intellectual property (IP) from Meta’s (Facebook) (NASDAQ:FB) crypto project… Read More

January 31, 2022 @ 6:10 pm By Omar Faridi  |  

The team at digital asset firm Kraken is pleased to confirm that their platform now supports staking for TRON (TRX) holders. You may head into the Earn section of your Kraken account to begin earning rewards on your TRX (as of January 28, 2022). Please… Read More