Tagged: digital assets

November 22, 2020 @ 2:55 pm By Omar Faridi  |  

The Antminer S19 Pro price has surged around 30% since October 2020 after the Bitcoin (BTC) price began to rise. As confirmed by the HASHR8 team, the Bitcoin price increases have “widened profit margins for miners but capital expenditure costs are also rising.” John Lee… Read More

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

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

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

November 20, 2020 @ 7:10 am By Omar Faridi  |  

The Ethereum (ETH) price is up around 25% during the month of November 2020. ETH, the world’s second-largest cryptocurrency by market cap and adoption, is trading at a little over $500 at the time of writing. During this past week, Ethereum managed to reach a… Read More

November 19, 2020 @ 7:06 pm By Omar Faridi  |  

Lukka, an established digital asset software and data provider, has teamed up with global business information provider IHS Markit in order to redistribute Lukka’s “institutional-grade” blockchain and crypto-asset data products. They include Lukka Prime and Lukka Reference Data, as part of the extensive IHS Markit… Read More

November 18, 2020 @ 9:15 pm By Omar Faridi  |  

Sygna Bridge, the “market-ready” solution developed for Virtual Asset Service Providers (VASPs) to fulfill the Financial Action Task Force (FATF) Recommendation 16’s “Travel Rule,” has reportedly become the very first FATF Travel Rule solution to go through an independent assessment by The Association of Cryptocurrency… Read More

November 18, 2020 @ 10:18 am By Samantha Hurst  |  

Fireblocks, an enterprise-grade platform providing the infrastructure for moving, storing, and issuing digital assets, announced on Wednesday it secured $30 million through its Series B funding round, which was led by Paradigm with participation from existing investors, Cyberstarts, Tenaya Capital, Swisscom, Galaxy Digital, Digital Currency… Read More

November 17, 2020 @ 9:22 pm By Omar Faridi  |  

Binance, the world’s largest digital asset exchange, notes that between October 15 and November 15, 2020, the total market cap for crypto-assets surged from $359 billion to as high as $468 billion toward the end of the latest week – which represents a 34-month high…. Read More

November 17, 2020 @ 8:18 am By Omar Faridi  |  

Singapore-based Propine, an independent and regulated digital asset custodian, has partnered with Skyhook Capital, the Singapore-headquartered Fintech (software-as-a-service) SaaS platform that offers access to digital securities that may be incorporated within investors’ traditional wealth portfolios. According to a release shared with Crowdfund Insider, the partnership… Read More

November 17, 2020 @ 8:11 am By Omar Faridi  |  

The development team at Fuse.io, a Tel Aviv based Fintech firm that aims to leverage (decentralized finance) DeFi infrastructure to create a platform for entrepreneurs that allows them to turn “communities into economies,” recently partnered with Ramp in order to “ease the onboarding process” of… Read More

November 16, 2020 @ 9:01 am By Omar Faridi  |  

After a three-year leave, co-founder Du Jun has returned to Huobi, a leading cryptocurrency exchange that reported $877.88 billion in trading volume during H1 2020. Jun had left Tencent and founded Huobi with Leon Li back in 2013. But then a few years later in… Read More

November 16, 2020 @ 8:08 am By Omar Faridi  |  

US-based crypto exchange Kraken recently published its Bitcoin volatility report covering the month of October 2020. Kraken Intelligence, which is the exchange’s team of in-house research professionals, has noted that each month, they take an extensive look into the fundamental and technical factors that impact… Read More

November 15, 2020 @ 7:51 pm By Omar Faridi  |  

Kevin Rooke, a digital asset analyst who’s well-known for his insightful tweets, recently noted that Grayscale, one of the largest institutional investors in the crypto space, is “on fire.” Rooke revealed that Grayscale’s Bitcoin (BTC) Investment Trust now holds around 506,000 BTC, which is about… Read More

November 15, 2020 @ 4:26 pm By Omar Faridi  |  

Binance, the world’s largest digital asset exchange, says it hasn’t seen Bitcoin (BTC) this “expensive” since December 2017. The leading blockchain firm along with the rest of the crypto industry is now wondering whether Bitcoin will be setting another all-time high (after trading for nearly… Read More

November 14, 2020 @ 4:26 pm By Omar Faridi  |  

After experiencing a strong correction earlier this month, leading decentralized finance (DeFi) tokens have been able to recover strongly, OKCoin reports. The San Francisco-based crypto exchange notes that DeFi tokens crashed in late-October 2020 and were performing poorly earlier this month as investors appeared to… Read More

November 14, 2020 @ 2:52 pm By Omar Faridi  |  

Blockchain security firm Ciphertrace has noted that FinCEN’s suggested rule change for the Travel Rule Threshold would “more than double” compliance events for US-based virtual asset service providers or VASPs. CipherTrace confirms that FinCEN had released a proposed rule change (in October 2020). The recommendation… Read More

November 13, 2020 @ 11:12 am By Omar Faridi  |  

Binance Launchpool, a new project designed to bring the decentralized finance (DeFi) experience to the crypto exchange’s users, has introduced a project, called Unifi Protocol DAO (distributed autonomous organization), which is “a working multi-chain smart-contract based DeFi solution.” As explained by the Binance team, Unifi… Read More

November 13, 2020 @ 8:54 am By Omar Faridi  |  

Chainalysis, a leading blockchain analysis firm, has introduced an asset realization program to assist government departments and insolvency practitioners with handling, storing, “realizing,” and monitoring seized assets. As mentioned in a blog post by Chainalysis, this announcement has come soon after the largest ever seizure… Read More

November 11, 2020 @ 11:14 pm By Omar Faridi  |  

Anchorage, a company that aims to help institutional clients with adopting digital assets, has announced that it has passed another significant milestone on its journey as the leading crypto-asset platform for institutional investors. Jennifer Lee, Head of Compliance at Anchorage, confirmed that the company has… Read More