Bitcoin (BTC) Miners Profitability Further Improved due to Lower Mining Difficulty Level: Report by Omar Faridi

November 22, 2020 @ 11:50 am By Omar Faridi  |  

Bitcoin (BTC), the world’s leading digital currency that’s trading at over $18,000, has become less volatile than many S&P 500 stocks. The team at VanEck, a New York-based investment management firm, has noted: “Historically, Bitcoin has been discussed in the news and among investors as… Read More

 Tagged bitcoin, bitcoin investments, bitcoin volatility, btc, crypto-assets, digital assets, new york, research, Research Report, s&p 500 stocks, stocks, united states, us, vaneck

November 22, 2020 @ 11:48 am By Omar Faridi  |  

Global Fintech firm Circle has teamed up with the Bolivarian Republic of Venezuela and Airtm in order to provide aid to Venezuelan residents using the USDC stablecoin. According to a release, the initiative has been introduced with government support and notably marks “a global first”… Read More

 Tagged airtm, circle, nicolas maduro, South America, stablecoins, usd coin, usdc, venezuela

November 21, 2020 @ 5:13 pm By JD Alois  |  

Chainalsysis, a top firm aiding both public and private entities monitor and track crypto transactions, is expected to raise $100 million at a $1 billion valuation according to a report by Forbes. The new funding is said to be led Lee Fixel’s VC firm, Addition,… Read More

 Tagged chainalysis

November 21, 2020 @ 4:33 pm By Omar Faridi  |  

The United Arab Emirates (UAE) is reportedly leading the MENA region’s Fintech sector with a projected valuation of around $2.5 billion by 2022 (which is still not significant compared to international standards). Regional and multinational financial services providers have been launching digital platforms in order… Read More

 Tagged canada, caneth, distributed ledger technology, dlt, dubai, dubai blockchain strategy, dwain pereira, eth, eth 2.0, ethereum, ethereum 2.0, khurram shroff, middle east, staking, uae, united arab emirates

November 21, 2020 @ 2:14 pm By Omar Faridi  |  

The Waves Protocol team has teamed up with the developers of OKExChain in order to work on distributed ledger tech (DLT)-focused projects. The development of a cross-chain decentralized finance (DeFi) ecosystem and developer-friendly tools will be the primary focus of the collaboration between the Waves… Read More

 Tagged cross-chain communication, cross-chain transactions, dapps, Decentralized Applications, decentralized finance, defi, digital assets, distributed ledger technology, dlt, gravity, gravity protocol, okex, okexchain, waves, waves protocol

November 21, 2020 @ 1:12 pm By Omar Faridi  |  

Analysts are still quite bullish on decentralized finance (DeFi) as increased capital flows indicate that the market is “primed to move higher,” according to a report from OKCoin. Following Bitcoin’s (BTC) ascent to around $18,700, major DeFi tokens have continued to surge as well. OKCoin’s… Read More

 Tagged aave, aave tokens, bull market, crypto market report, crypto tokens, decentralized finance, defi, digital assets, digital tokens, distributed ledger technology, dlt, okcoin, research, Research Report, yearn.finance, yfi tokens

November 20, 2020 @ 3:48 pm By Samantha Hurst  |  

  Travala, a service that lets users pay for hotel reservations with digital currencies, is set to close its latest equity crowdfunding campaign on Crowdcube with nearly £1.1 million raised. The funding round, which originally sought to raise £500,000, has attracted more than 800 Crowdcube… Read More

 Tagged crowdcube, cryptocurrency, digital currency, online travel, travala.com, travel agency

November 20, 2020 @ 3:00 pm By JD Alois  |  

  Phil Liu is Chief Legal Officer and co-founder of Arca – a regulatory compliant digital asset investment platform that is building financial products utilizing blockchain. Arca is the first firm to offer a registered fund with shares issued as a digital security. The Fund… Read More

 Tagged arca, bitmex, fatf, fincen, phil liu, Travel Rule

November 20, 2020 @ 1:37 pm By Omar Faridi  |  

The Bitcoin (BTC) price has been hovering around $18,000 for the past few days. According to blockchain analysis firm Chainalysis, this means that we’re in the midst of a significant price surge that has not been seen since the bull run of late 2017 and… Read More

 Tagged analysis, bitcoin, bitcoin bull run, Bitcoin price, btc, chainalysis, crypto market

November 20, 2020 @ 11:11 am By JD Alois  |  

Settle Network has launched two new stablecoins on in Argentina (ARST) and the other in Brazil (BRLT). Both issued using Stellar, these are the first stablecoins in each country. Stellar is a decentralized network that has focused on financial products and services. According to a… Read More

 Tagged argentina, brazil, jack saracco, latam, pablo orlando, settle network, stablecoin, stellar