Tagged: crypto-assets

Bitcoin (BTC) Lightning Network Developer Lightning Labs Secures $10 Million in Investments from Craft Ventures, Ribbit Capital, Others

Lightning Labs, a company focused on the development of the Lightning Network (LN), a second-layer scalability solution for expediting small Bitcoin (BTC) payments, has reportedly  finalized a $10 million Series A investment round – which was led by Craft Ventures. Ribbit Capital, RRE Ventures, Slow… Read More

Intercontinental Exchange to Acquire Loyalty Program Provider Bridge2 Solutions

The Intercontinental Exchange (ICE), owner of the New York Stock Exchange (NYSE) and newly launched digital asset trading desk Bakkt, will be acquiring loyalty program provider Bridge2 Solutions, the firm confirmed on February 5. After the deal has been finalized (the terms of which have… Read More

Popular Crypto Exchange Zebpay Set to Relaunch in India After Shutting Down Due to Regulatory Pressure

Nearly 16 months after winding down its business operations in India, digital asset exchange Zebpay is reportedly set to resume offering services in the country. Zebpay was one of the most popular crypto exchanges in India. However, it had to shut down because of a… Read More

Leading Digital Asset Custodian BitGo Partners with SettleBit to Allow Institutions to Trade Directly from their BitGo Accounts

BitGo, a leading digital asset custodian which holds $2 billion worth of cryptocurrency on behalf of its clients, has teamed up with SettleBit, a financial services provider, in order to allow institutions to conduct trades directly from their BitGo accounts. Established in 2013, BitGo provides… Read More

Digital Asset, Developer of DAML Smart Contract Language, Acquires Investments from Salesforce Ventures, Samsung Investment Corp.

Digital Asset, the firm behind the open-source DAML smart contract programming language, has reportedly acquired investments from Salesforce Ventures and Samsung Venture Investment Corp, as part of the second closing of its Series C financing round. As mentioned on Digital Asset’s official website, the company… Read More

BitPay CEO Stephen Pair Confirms Giant Crypto Payments Processor to Add Support for More Digital Assets

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Stephen Pair, CEO at BitPay, a leading cryptocurrency payments processor, recently revealed that the platform will begin supporting additional digital assets. Pai confirmed that BitPay was also looking into integrating the Lighting Network (LN), a protocol for a layer-two payments network aimed at expediting Bitcoin… Read More

bitFlyer is Now Offering US Residents a Zero-Fee Option to Buy Bitcoin (BTC) with US Dollar

US residents now have another zero-fee option to purchase Bitcoin (BTC) using the US dollar. On January 30, 2020, Tokyo-headquartered digital asset exchange bitFlyer introduced its commission-free service for the BTC/USD trading pair to its US-based clients. bitFlyer’s zero-fee feature is currently only being offered… Read More

Open Interest on ICE’s Bakkt Hits All-Time High as Bitcoin (BTC) Future Traders Continue to Bet on Leading Cryptocurrency

As Bitcoin (BTC), the flagship cryptocurrency, closed out January 2020 with its strongest performance in the past seven years, open interest on Bakkt surged to yet another all-time high on January 31 for physically-settled BTC futures contracts. Meanwhile, institutional traders on the CME Group prepared… Read More

Giant Japanese Social Media Network Line, with 700 Million Users, Approved to Begin Trading Its Virtual Currency in Japan

LVC Corporation, a subsidiary of LINE Corporation and manager of LINE’s digital currency and blockchain-focused ventures, recently confirmed its plans to begin trading its virtual currency in Japan by April 2020. LINE is the company behind Japanese social media network Line, which notably has more… Read More

Malta-based Binance Introduces Cardano (ADA) Perpetual Contracts, Tradable Against Stablecoin Tether (USDT)

Binance Futures, the digital assets futures trading platform of Binance, the world’s leading crypto exchange, recently confirmed the introduction of ADA/USDT perpetual contracts. Traders can now trade Cardano (ADA), a digital currency with a market cap of over $1.5 billion, with as much as 75x… Read More

San Francisco-based Crypto Exchange Coinbase to Expand Custody Services by Establishing Offices in Dublin

San Francisco-based crypto exchange Coinbase is reportedly expanding its institutional custody business through the establishment of a new office in Ireland, the company confirmed on January 29. Coinbase first introduced Coinbase Custody in 2017, in order to better serve its institutional clients, which include major… Read More

Grayscale Investments Releases Educational Report on Privacy-Preserving Digital Currency Horizen

Grayscale Investments, a subsidiary of Barry Silbert’s Digital Currency Group (DCG) and the largest institutional holder of Bitcoin (BTC), recently published its educational report, titled Grayscale Building Blocks: An Introduction to Horizen. The firm’s report covers Horizen, which offers a “privacy-preserving” digital currency and decentralized… Read More

Veteran Digital Asset Investor Arianna Simpson Joins Giant VC Firm Andreessen Horowitz as Deal Partner

Veteran digital asset investor Arianna Simpson, who has been into crypto “before it was cool,” will reportedly be joining giant venture capital firm Andreessen Horowitz as a deal partner. Simpson, the founder and managing director at crypto-asset hedge fund Autonomous Partners, confirmed the news on… Read More

Hong Kong-based Digital Asset Exchange Bitfinex Introduces Margin Trading for Tether’s New Gold-backed Stablecoin

Hong Kong-based digital asset exchange Bitfinex has introduced margin trading for Tether gold (XAU₮). Beginning on January 30, 2020, the exchange has confirmed it will support margin trading for XAU₮ with trading pairs for major fiat currencies including the US dollar and Bitcoin (BTC). Bitfinex’s… Read More

San Diego’s Silvergate Bank Now has Over 800 Crypto-related Business Clients: Report

San Diego-based Silvergate Bank, which notably counts major digital assets exchanges Coinbase, Gemini and Kraken as its customers, has revealed that it had 804 crypto-related business clients (as of December 2019). The bank, which is well-known for its innovative businesses in Fintech, reportedly added 48… Read More

Israeli Securities Authority Issues a Request for Information to Identify Regulations that May Hinder Ongoing Blockchain Industry Development

The Israeli Securities Authority (ISA) has reportedly issued a Request For Information in order to identify regulatory policies that could hinder the ongoing development of distributed ledger technology (DLT)-focused projects in Israel. The country’s regulator is also planning to look closely into the potential use… Read More

Institutional Digital Asset Firm Liquidty Offset Network Introduces Central Counterparty Service for OTC Traders

Institutional digital asset company Liquidity Offset Network (lon.exchange) has introduced a central counterparty service for over-the-counter (OTC) traders. The new service, called “OTSafe,” assists OTC traders in reducing credit risk and better managing different collateral requirements. Trading firms QCP Capital and LedgerPrime have reportedly started… Read More

Singapore-based Digital Asset Exchange Zipmex Awarded Operational License by Thai SEC

Zipmex, a Singapore-based crypto-asset exchange focused on offering retail and institutional investors the ability to make secure investments in cryptocurrencies, has reportedly acquired an operational license in Thailand, awarded by the Asian country’s Securities and Exchange Commission (SEC). The Zipmex crypto trading platform currently offers… Read More

Tether Ltd. Introduces Tether Gold (XAU₮), a New Product Offering “Security of Digital Asset Pegged to Physical Gold” (XAU)

Tether Ltd., the firm that issues the world’s largest stablecoin USDT with a market capitalization of more than $4.6 billion, recently announced the launch of a new product, called Tether Gold (XAU₮), which will provide the “security of a digital asset pegged to physical gold”… Read More

Lawmakers from Hawaii Propose Bill Asking to Allow Financial Institutions to Offer Custody Services for Digital Assets

Five lawmakers from the US state of Hawaii have proposed a new bill asking to give permission to financial institutions to offer custody services for digital assets. If the proposed Senate bill 2594 is approved, then it would become legal for Hawaii’s banks to custody… Read More

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