Tagged: digital tokens

Singapore’s Inland Revenue Authority Says it Won’t Collect Taxes on Cryptocurrency Airdrops or Hard Forks

Singapore’s tax authority, the Inland Revenue Authority of Singapore (IRAS), confirmed that it will not be collecting taxes on airdropped cryptocurrency, provided that the recipients get them  for free. As noted in an income tax treatment guide, released on April 17, 2020, the IRAS clarified… Read More

Cryptocurrency Liquidity Provider XHUB Announces Partnership With ByteTrade

XHUB, a cryptocurrency liquidity provider, announced on Monday it has formed a venture agreement with dual-chain blockchain protocol, ByteTrade. XHUB reputed that theoruhg the partnership, decentralized exchanges operating on the ByteTrade Open Network (BTON) blockchain and ByteBulls white label solution will have instant access to… Read More

UK Gold-Backed Token Project Aurus Scores €1 Million Investment From Dubai-Based Venture Capital Silver Rock Group

Aurus, a UK-based fintech, scored a €1 million investment from Dubai-based venture capital Silver Rock Group for its gold-back token project. Founded in 2017, Aurus describes itself as a marketplace for crypto-currencies that represent shared ownership of physical assets. The company noted that together with… Read More

NBA and NFL Say Non-Fungible Tokens, or NFTs, have A Lot Of Potential, Offer a “New Way for Fans to Connect With Games”

Adrienne O’Keeffe, associate VP of partnerships at the National Basketball Association (NBA), and Sophie Gage, counsel at the National Football League (NFL) Player’s Association, recently took part in a panel discussion during which they talked about the potential value of blockchain or distributed ledger tech… Read More

New York-based Tech Giant IBM Acquires Patent for Developing “Self-Aware” Token

New York-based tech giant IBM has reportedly acquired a patent for the implementation of a “self-aware token,” which will be developed specifically to record events of offline transactions. According to a document submitted to the US Patent and Trademark Office, the self-aware token will be… Read More

Bitcoin IRA Milestone: Surpasses $400 Million in Cryptocurrency Transactions

Bitcoin IRA, a company that allows individuals to invest in cryptocurrency in an IRS-approved retirement account, announced on Tuesday it has surpassed $400 million in cryptocurrency transactions. Founded in 2016, Bitcoin IRA claims to be the world’s first, largest, and most secure digital asset IRA… Read More

Celsius Network Forms New Strategic Partnership With Crypto Tax Analysis & Blockchain Analytics Startup ZenLedger.io

Celsius Network, a cryptocurrency lending, and borrowing platform, has reportedly formed a new partnership with ZenLedger.io, a cryptocurrency tax analysis, and blockchain analytics startup. The duo reported that through the partnership cryptocurrency investors filing taxes with ZenLedger have an easy and seamless access to cryptocurrency-backed… Read More

Shaun Djie: Co-founder at Digix, a Smart-Asset Firm Leveraging Blockchain to Manage Gold Investments, Reveals Keys Industry Trends

We recently caught up with Shaun Djie, co-founder and chief operating officer at Digix, one of the first “smart-asset” companies leveraging blockchain tech to account for the authentication and provenance of 99.99% investment-grade gold bullions. Shaun currently serves as a board member for Singapore’s IT… Read More

Blockchain Development Firm Hedera Hashgraph to Allow HBAR Token Holders to Earn Rewards by Locking Tokens

Blockchain development company Hedera Hashgraph announced recently that their platform’s HBAR tokens can be locked by their holders, in order to earn rewards in digital currency. According to Hedera’s December 23 blog post, the new incentive program will begin early next year. HBAR holders that… Read More

Global Cryptocurrency Platform Liquid.com Completes Group Restructuring

Global cryptocurrency exchange Liquid.com announced on Tuesday it has completed its global group restructuring to reflect its “evolution into a global fintech business.” Liquid reported that as a result of the global restructuring, the existing “Quoine” operating entities have moved under Liquid Group Inc. to… Read More

Cryptocurrency Exchange Crypto.com Announces DASH Listing

Hong Kong-based cryptocurrency platform Crypto.com announced on Tuesday it has listed DASH to its Wallet & Card App. DASH joins a growing list of cryptocurrencies and stablecoins on the Crypto.com platform, such as Bitcoin (BTC), Ether (ETH), Litecoin (LTC), XRP, TrueUSD (TUSD), PAXOS (PAX), and… Read More

Crypto Lender Celsius Network Lists CEL Token on Liquid

Celsius Network, a cryptocurrency lending and borrowing platform, announced on Tuesday it has listed its CEL Token on cryptocurrency exchange platform, Liquid.com. Celsius reported that it chose to list on Liquid as it is claimed to be one of the top ten global exchanges for… Read More

Wirex Announces Launch of New Wirex Token Through IEO on OKEx

Wirex, a hybrid personal finance platform that merges blockchain tech and traditional finance, announced on Monday the release of the Wirex Token (WXT), its first native cryptocurrency, in an Initial Exchange Offering (IEO) on OKEx. According to Wirex, the new token is designed to help… Read More

OKEx Lists OKLink & Prime Trust’s Stablecoin USDK

OKEx, a Malta-based digital assets exchange, announced on Monday its new listing of USDK, a US Dollar-pegged stablecoin co-launched by its strategic partner OKLink and Prime Trust. According to OKEx, the stablecoin will be listed on OKEx’s fiat-to-token (C2C) trading platform against six fiat currencies,… Read More

Crypto.com Announces Listing of Ontology’s ONT Token

Hong Kong-based cryptocurrency platform Crypto.com announced on Monday it has listed Ontology’s ONT Token to its Wallet and Card App. According to Crypto, the listing of ONT marks the 20th token to be added to the platform, joining cryptocurrencies and stablecoins such as Bitcoin (BTC),… Read More

Coinsquare Expands Cryptocurrency Offering By Adding Stellar Lumens (XLM)

Canadian cryptocurrency platform Coinsquare announced on Thursday the addition of  Stellar Lumens (XLM) to its coin offering. According to Coinsquare, XLM is the first coin from the global payment system Stellar and is known for facilitating the transfer of funds instantly around the globe, and built… Read More

Coinbase Now Supporting Augur on Cryptocurrency Platform & Mobile Apps

Coinbase announced last week it is now offering support to Augur (REP) through its cryptocurrency platform, as well as its mobile apps on iOS and Android. Coinbase customers may officially buy, sell, convert, send, receive, or store REP. The crypto will be available for customers… Read More

Universal Protocol Alliance Prepares Set to Launch Euro Stablecoin

The Universal Protocol Alliance, a group of leading blockchain companies including Bittrex International, Brave, Blockchain at Berkeley, Uphold, Cred and CertiK, announced on Thursday it is set to launch Universal Euro in April. According to the Alliance, the latest stablecoin offers in the family of… Read More

Prime Trust Now Charging Zero AUM Fees For Crypto Custody Service

thought-catalog unsplash Bitcoin Ethereum Cryptocurrency

Prime Trust, a blockchain driven trust company, announced on Thursday it is now charging zero AUM fees for its cryptocurrency custody service, which is including Bitcoin, Ethereum, ERC20, and Stellar. Prime Trust provides FIAT and token custody, funds processing, AML and KYC compliance, and transaction technology… Read More

ZCash Becomes 14th Crypto Asset Available on eToro’s Platform

Global investment platform, eToro, announced on Thursday it has added  ZCash (ZEC) to its product range. eToro reported that ZEC is the fourteenth crypto asset to accepted on its platform. According to eToro, ZEC is a decentralised payments network, designed to offer users greater privacy options,… Read More

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