Tagged: virtual currencies

November 1, 2023 @ 8:00 pm By Omar Faridi  |  

We recently connected with Milan Velev, Nexo’s Chief Security Officer, who shared key insights with CI regarding the importance of setting standards for crypto platform security. Milan Velev from Nexo explained why crypto investors and traders need to prioritize security. He also commented on their… Read More

October 31, 2023 @ 10:19 am By Omar Faridi  |  

James Butterfill from CoinShares notes that rising optimism has “prompted largest inflows for 1 & ½ years at $326 million.” The team at CoinShares notes in their weekly update that digital asset investment products reportedly “saw inflows of US$326m, the largest single week of inflows… Read More

October 29, 2023 @ 10:53 pm By Omar Faridi  |  

Injective, the blockchain built for finance, published its DeFi Trader Survey 2023. The research draws from various cryptocurrency trading communities, “aiming to provide a comprehensive understanding of how professionals and amateurs approach cryptocurrency trading, their motivations, and valuable lessons for the wider trading community.” Most… Read More

October 29, 2023 @ 3:06 pm By Omar Faridi  |  

Almost no one is “happy” with the nation’s financial system— “only 9% of Americans are satisfied with it, and only 22% think it’s better than any other country’s,” according to an update shared by Coinbase (NASDAQ:COIN). But young people are “especially disillusioned by it,” the… Read More

October 28, 2023 @ 7:49 pm By Omar Faridi  |  

Zodia Markets, the Standard Chartered backed digital asset exchange and brokerage platform, announces that it has “received its registration as a Virtual Asset Service Provider (VASP) by the Central Bank of Ireland (CBI).” This follows on from the firm “receiving cryptoasset registration from the UK’s… Read More

October 27, 2023 @ 4:42 pm By Omar Faridi  |  

Komainu, a regulated digital asset custody service provider built by institutions for institutions, announced that it has partnered with Blockdaemon, an institutional-grade blockchain infrastructure company, to further bolster its staking offering. Komainu’s staking service, “launched in early 2022, has seen significant growth, and this partnership… Read More

October 26, 2023 @ 1:18 pm By Omar Faridi  |  

Crypto exchange Coinbase (NASDAQ:COIN) is alleging that the US Securities and Exchange Commission (SEC) has overstepped in the firm’s most recent effort to dismiss the ongoing lawsuit. Coinbase’s response to the SEC‘s lawsuit filed earlier this year is that not everything qualifies as a security…. Read More

October 25, 2023 @ 9:33 am By Omar Faridi  |  

CoinList, the crypto launchpad and exchange that provides access to established crypto assets, recently conducted a survey of over 500 validators and testnet participants in order to gain insight “into their preferences and inform their future initiatives.” Testing crypto products and protocols “requires active community… Read More

October 10, 2023 @ 8:33 pm By Omar Faridi  |  

During the 2019 Fintech Week, the Hong Kong Securities and Futures Commission (HKSFC) reportedly demonstrated a stern regulatory stance towards cryptocurrency through its publications “Position Paper: Regulation of Virtual Asset Trading Platforms” and “Warning on Virtual Asset Futures Contracts,” emphasizing strict licensure and professional investor… Read More

October 10, 2023 @ 9:06 am By Omar Faridi  |  

Matteo Greco, Research Analyst at the publicly listed digital asset and fintech investment business Fineqia International, has shared insights on the latest developments in the Bitcoin (BTC) and digital assets markets. Analyzing BTC supply, Greco notes that approximately 68.5% of “the total circulating supply has… Read More

October 9, 2023 @ 10:09 am By Omar Faridi  |  

The crypto ecosystem faced significant challenges this year, the team at Gemini noted in a recent update. Despite the various headwinds, talented individuals across all our teams “have continued to build every day during the bear market,” Gemini claims. As they mark Gemini’s 8th anniversary,… Read More

October 6, 2023 @ 8:49 am By Omar Faridi  |  

At Coinbase (NASDAQ:COIN), they’re working hard to help update the financial system by building trusted products that aim to “expand the utility and adoption of crypto because they believe crypto and blockchain technology have the ability to increase economic freedom and opportunity around the world.”… Read More

October 4, 2023 @ 7:50 am By Omar Faridi  |  

US District Judge Analisa Torres has rejected the US Securities and Exchange Commission’s (SEC) to appeal part of the judge’s decision in its lawsuit against enterprise blockchain firm Ripple Labs regarding the sales of XRP. Judge Torres determined in July 2023 that a part of… Read More

September 30, 2023 @ 3:51 pm By Omar Faridi  |  

As Paysafe Payment Solutions Limited “unilaterally” decided to stop processing EUR deposits for Binance users, Paysafe users are now “advised to take appropriate actions in advance.” Paysafe users may “convert EUR balances in their Binance accounts to USDT before 2023-10-31 at 0:00 (UTC).” Meanwhile, users… Read More

September 28, 2023 @ 8:29 pm By Omar Faridi  |  

Crypto.com announced it has teamed up with PayPal and Paxos to establish Crypto.com as a preferred PayPal USD (PYUSD) exchange. Crypto.com has already listed PYUSD on its platform “for both retail and institutional users, and is currently the crypto trading platform with the deepest liquidity… Read More

September 28, 2023 @ 8:35 am By Omar Faridi  |  

Ramp, a financial technology company building payment rails connecting crypto to the global financial system, announced a strategic partnership with MetaMask, the self-custody web3 platform. The collaboration kicks off with the integration of Ramp’s on-ramp services directly into MetaMask’s mobile application and MetaMask Portfolio. This… Read More

September 26, 2023 @ 11:12 am By Omar Faridi  |  

Gemini says that it continues to be focused on crypto innovation by allowing users to add passkeys “for two-factor authentication to their accounts.” As explained in a blog post by Gemini, passkeys provide two major advantages “over other account authentication methods: increased security and ease… Read More

September 24, 2023 @ 9:38 pm By Omar Faridi  |  

Coinbase (NASDAQ:COIN) has registered as a cryptocurrency exchange and custodian wallet provider with the Bank of Spain. This registration will allow Coinbase to offer their full suite of products and services “to retail and institutional users in Spain, all in compliance with the national legal… Read More

September 16, 2023 @ 9:30 am By Omar Faridi  |  

The US Treasury’s proposed ‘broker’ rules expand surveillance “well beyond a ‘third party doctrine’ that’s already stretched thin,” according to the team at Coin Center, a crypto policy think tank. Peter Van Valkenburgh, Director of Research at CoinCenter, Board Member at the Zcash Foundation, notes… Read More

September 15, 2023 @ 9:01 am By Omar Faridi  |  

CertiK and Safeheron, an enterprise key self-custody service provider, are joining forces to raise the standard of transparency in private key management. The result of this collaboration is “a new verification mechanism to help users ensure projects have adopted enhanced private key management solutions.” Directly… Read More