Tagged: cryptocurrency investing

October 5, 2021 @ 1:40 pm By Tony Zerucha  |  

Digital assets financial services platform Matrixport announced this week that its custodian solution Cactus Custody is now supporting ConsenSys’ MetaMask Institutional (MMI), a version of Metamask that integrates institution-compliant custody, operational, risk, and compliance features. MMI is integrated with Cactus Custody’s DeFi Connector feature, which creates… Read More

September 30, 2021 @ 4:07 pm By Tony Zerucha  |  

While China’s ban on cryptocurrency transactions has had a measurable effect on the markets, it’s not a death knell by any means, one industry watcher said. Earlier this month the People’s Bank of China said all virtual currency-related business activities were illegal, claiming it would… Read More

September 28, 2021 @ 11:43 pm By Tony Zerucha  |  

Multi-chain, community-oriented launchpad Starter this week announced it will host the launch of the IDO for NASDEX, an independently owned and operated decentralized exchange that allows users to trade tokenized stocks on the blockchain through a minting and trading mechanism.  NASDEX, which is designed to… Read More

September 28, 2021 @ 8:38 pm By Tony Zerucha  |  

A new survey of institutional investors and wealth managers from the US, UK, France, Germany, and the UAE who don’t currently have exposure to cryptocurrencies and digital assets, reveals 62 per cent expect to invest in these for the first time within the next year,… Read More

September 12, 2021 @ 7:24 pm By Tony Zerucha  |  

Singapore-based digital asset exchange SDAX has obtained its Recognized Market Operator (RMO) license from the Monetary Authority of Singapore (MAS) to operate a digital asset exchange, the company said this week. SDAX believes the use of blockchain in capital markets will create new opportunities for… Read More

September 11, 2021 @ 8:31 am By Tony Zerucha  |  

Australian digital asset vehicle DNA Tracker Fund has recorded a 184.35 per cent net return on investment over the nine months since its inception Dec. 1, 2020, the company said this week. DNA Tracker provides Australian and New Zealand wholesale investors with access to a diversified… Read More

September 1, 2021 @ 9:34 pm By Tony Zerucha  |  

Polygon, an Ethereum-based full-stack scaling solution, today announced Kine Protocol, a decentralized protocol that establishes general-purpose liquidity pools backed by a customizable portfolio of digital assets, will launch its cross-chain derivatives trading platform on Polygon. Polygon’s high-speed and low-gas infrastructure makes Kine’s features – including… Read More

September 1, 2021 @ 9:18 pm By Tony Zerucha  |  

The vast majority of Americans are interested in having cryptocurrencies as part of their retirement investments, the results of a survey from business.com reveal. Close to 90 per cent (87 per cent) of employees expressed interest in including cryptocurrencies in their portfolio but far fewer… Read More

August 23, 2021 @ 1:29 pm By Tony Zerucha  |  

Community-governed decentralized exchange (DEX) EmiSwap today began listing its $ESW token on BitMart. EmiSwap features multi-blockchain interoperability, a distribution of all decentralized autonomous organization (DAO) fees, and an NFT-based community loyalty program. In addition to BitMart, $ESW is also listed on Ignition and Mantra DAO,… Read More

August 20, 2021 @ 3:01 pm By Tony Zerucha  |  

DeFi platform Coinchange this week launched early access to their High Yield Account, which allows users to earn passive income on deposited crypto. The High Yield Account generates earnings for users by funding liquidity pools. dApps charge fees for every exchange made using those pools,… Read More

August 19, 2021 @ 11:28 am By Tony Zerucha  |  

South African cryptocurrency exchange OVEX, which specializes in over-the-counter (OTC) trading, this week announced a partnership with P2P Fintech Paxful. As part of the agreement, Paxful’s customers will be able to utilize OVEX’s Direct Transfer to Bank mechanism, which allows them to instantly convert their… Read More

August 10, 2021 @ 9:41 pm By Tony Zerucha  |  

Graph Blockchain has entered into a binding letter of intent to acquire Optimum Coin Analyzer, an AI-based crypto coin analytics tool company. Graph will acquire 100 per cent of all issued and outstanding shares of Optimum Coin Analyzer for $5 million in Canadian funds Optimum… Read More

August 9, 2021 @ 9:55 pm By Tony Zerucha  |  

EQIFI, a decentralized protocol for pooled lending, borrowing, and investing Ethereum-based cryptocurrencies, stablecoins, and select fiat currencies, has launched its DeFi platform, which includes fixed- and variable-rate lending products, as well as the advanced yield aggregator and interest rate swaps. “We are incredibly excited to… Read More

August 4, 2021 @ 3:57 pm By Tony Zerucha  |  

Technical adjustments to Ethereum’s blockchain are the culprit behind a one percent price drop of the popular cryptocurrency ETH today, reports suggest. The changes, known as Ethereum Improvement Proposal (EIP) 1559, would alter the way transactions are processed and will occur when the 12,965,000th block… Read More

August 3, 2021 @ 11:36 pm By Tony Zerucha  |  

Cryptocurrency wealth platform Vauld has completed a $25 million Series A round led by Valar Ventures, a VC firm cofounded by Peter Thiel. Pantera Capital, Coinbase Ventures, CMT Digital, Gumi Cryptos, Robert Leshner and Cadenza Capital also participated. The funding will be used to hire… Read More

July 22, 2021 @ 12:42 pm By Tony Zerucha  |  

More than half of crypto investors expect the cryptocurrency trading boom still has legs, research from blockchain-based derivatives trading platform CloseCross shows. The company surveyed global investors responsible for approximately $380 billion of assets under management. Of the 57 per cent who believe the level… Read More

July 21, 2021 @ 9:08 pm By Tony Zerucha  |  

More than half (54 percent) of panelists in Finder’s latest Bitcoin Price Predictions Report believe Bitcoin will overtake fiat as the dominant form of global finance by 2050, with 29 percent believing it will happen by 2035. While Bitcoin’s value is predicted to drop to… Read More

June 29, 2021 @ 3:03 pm By Tony Zerucha  |  

Data analytics and research company Brave New Coin is teaming with systematic trading solutions provider QuantHouse to provide its data feeds, indices, and analytics to QuantHouse customers.  Once the integration is complete QuantHouse’s data offerings will include Brave New Coin’s top 10 crypto asset high-speed… Read More

June 23, 2021 @ 8:15 am By Tony Zerucha  |  

Recent Financial Conduct Authority (FCA) statements on the growth of cryptocurrency ownership among adults in the United Kingdom highlight the need to provide more support and protection for those investors Ziglu founder and CEO Mark Hipperson said. A UK-based money app, Ziglu allows users to… Read More

June 16, 2021 @ 2:54 pm By Tony Zerucha  |  

  State-chartered banks in Texas can provide virtual currency custody services if they have the proper safeguards in place, the Texas Department of Banking (TBD) said. Participating banks must have strong risk management protocols while also complying with applicable law An important aspect of the… Read More