Tagged: digital currency

May 1, 2020 @ 10:36 pm By Samantha Hurst  |  

Blockchain security company CipherTrace announced this week the launch of its new feature, Armada. According to CipherTrace, Armada was created to support banks and financial institutions in achieving AML compliance by providing critical visibility into risky cryptocurrency blind spots so know your customer (KYC) processes… Read More

April 29, 2020 @ 3:13 pm By Samantha Hurst  |  

Japan-based cryptocurrency exchange bitFlyer announced on Wednesday it has released the results of its annual Crypto-Confidence Index, which confirmed that confidence in cryptocurrency increases across European populations year-on-year despite ongoing coronavirus crisis. According to BitFlyer, the index was built from a consumer poll of 10,000… Read More

April 29, 2020 @ 12:57 pm By Samantha Hurst  |  

Celsius Network, a cryptocurrency lending, and borrowing platform, recently announced that more than 50,000 BTC have been deposited into Celsius apps since its launch in August 2018. This latest milestone comes just months after Celsius reported crossing 20,000 BTC deposits in its first year. Founded… Read More

April 29, 2020 @ 8:37 am By Samantha Hurst  |  

Skew, a UK-based crypto data provider, announced on Wednesday it secured $5 million through its latest investment round, which was led by Octopus Ventures with participation from Digital Currency Group, as well as existing investors Firstminute Capital and Seedcamp. Founded in 2018, Skew claims to… Read More

April 28, 2020 @ 7:56 am By Samantha Hurst  |  

Digital asset exchange Bitfinex announced on Tuesday Whale Alert, a tracking service of cryptocurrency transactions from and to exchanges, is available on the social network, Bitfinex Pulse. According to Bitfinex, Whale Alert is claimed to be a vital information source in the digital asset space… Read More

April 27, 2020 @ 8:13 am By Samantha Hurst  |  

CoinEx, a global and professional cryptocurrency exchange service provider, announced on Monday it has formed a global strategic partnership with Matrixport, a one-stop digital asset financial service platform span off from Bitmain. CoinEx reported that the partnership allows its users to access Martrixport’s over-the-counter (OTC)… Read More

April 24, 2020 @ 10:30 am By Samantha Hurst  |  

Next-generation cryptocurrency trading platform BitMEX announced on Friday it is planning to launch an Ether (ETHUSD) quanta futures contract with up to 50x leverage May 5th. According to BitMEX, the first contract, ETHUSDM20, will expire in June. BitMEX claims that the contract will be the… Read More

April 24, 2020 @ 12:54 am By JD Alois  |  

China has long been expected to become the first nation to launch a Central Bank Digital Currency (CBDC). Periodically, reports have popped up regarding the development of the digital currency and today we have another glimmer on the progress driven by the People’s Bank of… Read More

April 23, 2020 @ 1:46 pm By Samantha Hurst  |  

Cryptocurrency exchange Binance announced on Thursday the launch of the Africa-focused social payments app for cash and crypto, Bundle. Binance reported that Bundle, which was founded by Yele Bademosi, formerly a director at Binance Labs, Bundle allows users to request, send, and receive cash or… Read More

April 21, 2020 @ 2:37 am By Omar Faridi  |  

The Bank of China’s somewhat secretive digital currency pilot program has made many people quite curious. The bank recently provided an official explanation of how the virtual yuan or renminbi was being tested and how it might work if and when it is launched. A… Read More

April 19, 2020 @ 10:06 pm By Samantha Hurst  |  

Cryptocurrency platform Coinbase announced on Friday its Coinbase Custody is launching support for Compound Governance, the related COMP token, and cTokens (cETH, cZRX, cUSDC, cBAT, cDAI). Coinbase reported that Coinbase Custody is currently the only custody provider and the only in-app voting experience for Compound…. Read More

April 17, 2020 @ 10:02 am By Samantha Hurst  |  

Cryptocurrency platform Coinbase announced on Thursday it has launched a reward section in its mobile app. This news comes just days after Coinbase it has made several improvements to how customers may send and receive cryptocurrency through its platform and mobile app. According to Coinbase,… Read More

April 16, 2020 @ 10:34 am By JD Alois  |  

The Libra Association, Facebook’s push to create a global non-sovereign digital currency, is applying for a Payment System License from the Financial Markets Supervisory Authority (FINMA) in Switzerland. In addition to applying for the FINMA license and updating the white paper, the Libra Foundation reports… Read More

April 15, 2020 @ 10:25 pm By Omar Faridi  |  

A state-managed bank in China seems to have launched a mobile-based test app that supports the People’s Bank of China’s (PBOC) virtual currency initiative. A website link allows users to download a payments app that has been provided by the Agricultural Bank of China (according… Read More

April 15, 2020 @ 4:31 pm By Samantha Hurst  |  

HIVE Blockchain Technologies Ltd. (TSX.V:HIVE) (OTCQX:HVBTF) recently announced it acquired 30 Megawatts (MW) Cryptocurrency, which is located in Canada, for C$4 million. 30 MW was purchased from Cryptologic. HIVE reportedly issued 15,000,000 common shares to Cryptologic, which are notably subject to a four-month lock-up agreement,… Read More

April 15, 2020 @ 10:23 am By Samantha Hurst  |  

ShapeShift AG, an instant exchange for Bitcoin digital currency and other blockchain assets, announced this week it has acquired Israel-based non-custodial software wallet, Portis. ShapeShift reported it integrated with Portis’ wallet SDK into the new ShapeShift platform this past November. ShapeShift revealed that prior to… Read More

April 14, 2020 @ 3:42 pm By Samantha Hurst  |  

Ternio, a U.S.-based blockchain firm, announced on Tuesday the introduction of the rewards program on BlockCard. According to Ternio, BlockCard users will be entitled to earn 6.38% back in cryptocurrency on all BlockCard purchases. As previously reported, BlockCard is a debit card that enables the… Read More

April 13, 2020 @ 2:12 pm By Samantha Hurst  |  

Just weeks after Binance listed Tezos (XTZ) on its U.S.-based division Binance.US, the cryptocurrency exchange announced Binance.US will be launching staking rewards for Tezos on Thursday, April 16th.  As previously reported, Binance.US is supporting trading for the XTZ/USD and XTZ/Binance USD (BUSD) trading pairs and… Read More

April 13, 2020 @ 12:32 pm By Samantha Hurst  |  

DeCurret, a Japan-based cryptocurrency exchange, announced on Friday it has issued ¥2.75 billion in a third-party allocation of shares. The platform, which was founded in 2018, stated that amidst a “growing major trend towards the spread of digital currency” it has become a “main bank… Read More

April 9, 2020 @ 10:50 am By Samantha Hurst  |  

Blockchain security and analytics firm Chainalysis announced on Thursday the launch of its partnership program, which will reportedly work with key infrastructure providers to “broaden” cryptocurrency transaction monitoring through integrations, distribution partners in new global markets and data providers to strengthen Chainalysis’ crypto intelligence. Chainalysis… Read More