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State-backed digital currencies can disrupt financial systems: Report
18.5.2021
While CBDCs could help central banks address the decline in cash payments, some risk factors remain
The Fear Factor: A Volatility Index for Crypto Arrives
15.5.2021
As Coti ramps up efforts to bring a decentralized fear index to crypto, it has enlisted the help of Professor Dan Galai, one of the pioneering brains behind the Cboe Market Volatility Index (VIX), to help the organization develop a crypto-oriented version. VIX Co-Creator to Join Coti-Backed...
DBS Launches Bank-Backed Crypto Trust Service in Asia First
14.5.2021
The bank becomes the first in Asia to offer crypto trust services providing custody and trading
Big Time Studios Aims to Bring NFTs to the Masses, Set to Raise $21 Million in Funding
14.5.2021
The Los Angeles-based company Big Time Studios has announced the company is set to raise $21 million in two funding rounds backed by a number of investors. The company’s founder Ari Meilich was the CEO and co-creator of the Ethereum metaverse Decentraland. Big Time Studios aims to bring...
Facebook-Backed Crypto Project Diem Moves to US, Unveils New Launch Plan
13.5.2021
Facebook-backed cryptocurrency project Diem, formerly Libra, is moving from Switzerland to the U.S. In collaboration with Silvergate Bank, the association, which oversees the development of the diem cryptocurrency, has unveiled a new launch plan. Facebook-Backed Stablecoin Has New Launch Plan...
Sequoia-Backed Onchain Custodian To Set Up New Crypto Lending Business
12.5.2021
Source: Adobe/Андрей Яланский
The Singapore-headquartered digital asset custody provider Onchain Custodian (ONC) is about to strengthen their positions in crypto lending and borrowing business, according to ONC Co-Founder and Chief Operating Officer (COO), El Lee.
There is a novel company in...
‘Bullish’ Cryptocurrency Exchange to Launch With Backing of Billionaire Investors, Investment Bank Nomura
12.5.2021
A new cryptocurrency exchange called “Bullish” will be launched this year by Bullish Global, a subsidiary of Block.one. It is backed by a number of prominent investors, including Peter Thiel, Alan Howard, Louis Bacon, Richard Li, Mike Novogratz, Christian Angermayer, and investment bank...
Palantir to Accept Bitcoin for Services, Considers Keeping BTC on Its Balance Sheet
11.5.2021
Palantir Technologies, the Peter Thiel-backed, American software company specializing in big data analytics, announced Tuesday that company plans to accept bitcoin for services. Further, like a variety of corporate entities that are accepting and holding bitcoin, Palantir is considering keeping...
Backed by Mate Tokay, DeChart’s Token Sale to Aggregate DEX Trading Is Live Until Tuesday 11th
10.5.2021
PRESS RELEASE. DeChart’s DCH token sale is now live on UniCrypt , giving control back to traders and fantastic staking opportunities. London, United Kingdom – One of the most important aspects of trading is historical trading data. It is vital for informing all trading decisions...
Dapper Labs-backed NFT avatar platform raises $65M in funding
4.5.2021
Avatar developers Genies are set to launch an NFT marketplace on Flow later this year after closing a Series B funding round with $65 million
Tether’s reserves are fully backed, according to latest assurance opinion
29.4.2021
“The group’s consolidated assets exceed its consolidated liabilities,” Moore Cayman wrote of Tether Holdings Limited
Venezuelan Programmer Who Created the Petro Token Regrets Participating in the Project — Works on an Alternative Token
29.4.2021
Venezuela’s government-backed cryptocurrency is not having the acceptance its cabinet expected, as the latest reports suggest. The petro’s creator, who now lives in exile, wants to build another crypto that gets the adoption its original creation did not in the nation. Jiménez...
Swiss Stock Exchange SIX and Börse Xetra list physically-backed Ether ETP
29.4.2021
The New York-based exchange-traded product sponsor and asset manager WisdomTree has launched a physically-backed Ether ETP on Börse Xetra and SIX
Smoothy Listing on AscendEX
28.4.2021
PRESS RELEASE. AscendEX, formerly BitMax, an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of the Smoothy Token (SMTY) under the pair USDT/SMTY on Mar 29 at 1:00 p.m. UTC. Smoothy is a novel single pool liquidity protocol...
Tim Draper-backed crypto derivatives exchange raises $18M
28.4.2021
Globe Derivative Exchange prepares to launch its platform next month by raising $18 million for a token sale
Torum Closes Million Dollars Private Round to Create Social Media Platform With NFT and DeFi
23.4.2021
PRESS RELEASE. Torum, a social media platform specially designed for cryptocurrency users, is proud to announce that the project is now backed by some of the most promising VCs in the crypto industry. The $1.45M private round was participated by 13 private investors which consist of AU21 Capital...
Facebook-Backed Crypto Diem Updates Launch Plan — Will Take a ‘Phased Approach’
21.4.2021
The cryptocurrency proposed by social media giant Facebook is gearing up to launch using a “phased approach,” its co-creator explains. The Diem Association, which oversees the crypto’s development, has been in talks with regulators to obtain a license. Diem Updates Launch Plan...
Softbank-Backed Wework Adopts Crypto as Form of Payment and Holds in Balance Sheet
21.4.2021
Global space provider Wework has announced that it will now accept payment in select cryptocurrencies. The company has partnered with Bitpay and Coinbase for inbound and outbound transactions. In addition, the Softbank-backed company says it will also hold the currency on its balance sheet. Wework...
Facebook-backed Diem Association reportedly to launch stablecoin pilot in 2021
20.4.2021
An anonymous source has told reporters that the first Diem pilot will focus on transactions between individual consumers
Bank of Brazil Becomes the First State-Backed Bank to Allow Customers Exposure to a Crypto ETF
17.4.2021
Brazil’s first crypto ETF debut is postponed, but not because plans have failed whatsoever. The Bank of Brazil (Banco do Brasil) is now joining the bandwagon of ETF issuances, following the same steps as Bank Itaú and BTG Pactual did. New Launch Date Set for April 26 According to...