Tagged: digital assets

May 24, 2021 @ 9:43 pm By Omar Faridi  |  

The State Duma has recently acknowledged that amendments to the Civil Code (in Russia) that cryptocurrencies (or “digital monetary units”) may be considered “a contractual means” of conducting payments in the country, according to Pavel Krasheninnikov, Chairperson of the Duma Committee on Legislation, at the… Read More

May 24, 2021 @ 12:01 pm By Samantha Hurst  |  

Fireblocks, an enterprise-grade platform providing the infrastructure for moving, storing, and issuing digital assets, recently announced it has secured the storage and transfer of $637 billion in digital assets since launching in 2019. As previously reported, Fireblocks claims it streamlines operations by bringing all your… Read More

May 24, 2021 @ 8:03 am By Samantha Hurst  |  

  No issues here: Africa-based cryptocurrency platform, Quidax, announced on Monday that despite the crypto market’s first major dip in 2021 on May 19th, it raised more than 7,772 BNB ($3 million) from the public sale of its token, QDX. Quidax reported on the 19th,… Read More

May 23, 2021 @ 10:58 pm By Samantha Hurst  |  

White Star Capital, a U.S.-based multi-stage technology venture capital investment platform, recently announced it closed its $50 million Digital Asset Fund (DAF), which is described as a specialized fund investing in cryptocurrency networks and blockchain-enabled businesses. According to White Star, the fund exceeded its previously… Read More

May 23, 2021 @ 10:38 pm By Omar Faridi  |  

Adam Turman, Developer Support Engineer at Kava Labs, which is focused on “democratizing” financial services and making them more accessible to “anyone, anywhere” across the globe, notes that when Hard Money Market V2 was introduced on April 8, 2021, Binance USD (BUSD) had been the… Read More

May 23, 2021 @ 9:45 pm By Omar Faridi  |  

Digital asset firm Binance recently announced the launch of its NFT Innovative Creators Program. According to a blog post from the crypto exchange, Binance NFT “puts creators first.” Binance noted that you may get your artworks “minted” and featured on their Binance NFT marketplace during… Read More

May 23, 2021 @ 8:11 pm By Omar Faridi  |  

InsurAce, a DeFi insurance protocol, is introducing multi-chain insurance services on its Ethereum dApp (app.insurace.io), in order to offer insurance coverage to protocols and blockchain platforms like Ethereum, Binance Smart Chain (BSC), Huobi Eco Chain (HECO), Solana, Polygon, and Fantom. As mentioned in the announcement,… Read More

May 23, 2021 @ 2:25 pm By Omar Faridi  |  

CoolBitX, the blockchain security firm and developers of CoolWallet, the very first bluetooth-powered hardware wallet, recently announced the release of CoolWallet Pro— which is described as an “all-in-one” crypto wallet that will provide “advanced” users increased coin support as well as “expansive” staking features. As… Read More

May 23, 2021 @ 11:31 am By Omar Faridi  |  

Representative Mark Green, R-Tenn., recently became one of the first congressmen to profit on Dogecoin’s (DOGE) meteoric rise. Green reportedly made two purchases of DOGE of $1,000 and $15,000 each (as revealed in public disclosure forms). These digital asset investments added to Green’s extensive cryptocurrency… Read More

May 22, 2021 @ 8:51 am By Omar Faridi  |  

The team at BitOoda, a global digital asset financial technology and services platform offering risk management solutions, “best-execution” brokerage and market analysis, notes that in China, Vice Premier Liu He, in a meeting of the Financial Stability and Development Committee, had stated on Friday (May… Read More

May 21, 2021 @ 9:26 pm By Samantha Hurst  |  

  BitGo, a digital asset financial services provider, announced earlier this week it has appointed Cassandra Lentchner as the new Chief Operating Officer for BitGo Trust companies. According to BitGo, Lentchner has more than 20 years of experience in the financial services industry. She notably oversaw compliance and regulatory standards for… Read More

May 21, 2021 @ 2:16 pm By Omar Faridi  |  

Chainalysis, the blockchain analysis firm, revealed on Thursday (May 20, 2021) that it has launched Chainalysis Business Data, which is described as a “first-of-its-kind” data offering to assist digital asset exchanges and other Fintechs that provide crypto-related services. Chainalysis Business Data should allow service providers… Read More

May 21, 2021 @ 8:25 am By Omar Faridi  |  

Norges Bank has released its Financial Infrastructure Report 2021 and Norges Bank Papers 2/2021, titled “Retail payment services 2020.” Norges Bank notes that there have been significantly fewer disruptions in the Norwegian financial infrastructure during the past few years, and the infrastructure has been working… Read More

May 20, 2021 @ 10:22 pm By Omar Faridi  |  

Decentralized finance (DeFi) aggregator PlasmaFinance has introduced what it claims to be an “industry-first” Limit Order functionality for its native DeFi (decentralized or non-custodial) (DEX), PlasmaSwap, which lets users make swaps at “precise” price points, thus enabling “safer, stress-free DeFi trading.” As mentioned in a… Read More

May 19, 2021 @ 11:57 pm By Omar Faridi  |  

Bitcoin prices have come tumbling down after Tesla’s Elon Musk announced his decision to stop taking BTC payments for Tesla purchases due to environmental issues. Piplsay Research has delved into people’s opinions about digital currencies, especially given the rising levels of investment and “ever-increasing buzz”… Read More

May 19, 2021 @ 7:45 am By Omar Faridi  |  

James Butterfill, Investment Strategist at London-based CoinShares, a digital asset manager focused on expanding access to the cryptocurrency ecosystem while serving as a “trusted partner” for its clients, notes in a blog post published on Tuesday (May 18) that for the week ending 17 May… Read More

May 18, 2021 @ 11:10 pm By Omar Faridi  |  

The team at BitOoda, a global digital asset financial technology and services platform offering risk management solutions, “best-execution” brokerage and market analysis, has published their Weekly Hash Report (dated 5/17/2021). As mentioned in BitOoda‘s report, Bitcoin (BTC) “sold off 21% to $46,023 as of 5/16… Read More

May 18, 2021 @ 10:37 pm By Omar Faridi  |  

Deutsche Bank’s Securities Services business in Singapore and Hashstacs (STACS) have reportedly finalized their proof-of-concept (PoC), called Project Benja, on the use of distributed ledger technology (DLT) for crypto-assets and sustainability-related digital bonds. Set in the context of the nascent tokenized securities in the securities… Read More

May 18, 2021 @ 4:39 pm By Omar Faridi  |  

Telos, one of the most active blockchains or distributed ledger tech (DLT) platforms, has revealed that its TLOS token has been listed on digital asset exchange, Kucoin. After the recent traction on decentralized or non-custodial exchanges (DEXes), such as UniSwap and PancakeSwap, the latest TLOS… Read More

May 18, 2021 @ 2:29 pm By Omar Faridi  |  

Nate Maddrey and the Coin Metrics team have noted in their latest State of the Network Report that after Elon Musk helped drive the Bitcoin (BTC) price to around $60,000 (three months back), he’s now managed to send the volatile digital currency markets in the opposite… Read More