Tag Archives: crypto

Digital Garage to Test Yen-Pegged Stablecoin on Blockstream Network

Digital Garage to Test Yen-Pegged Stablecoin on Blockstream Network

An arm of Tokyo-listed internet group Digital Garage is working with bitcoin infrastructure startup Blockstream to test the issuance of a Japanese yen-pegged stablecoin. Crypto Garage, a Digital Garage subsidiary focusing on blockchain and crypto tech, announcedMonday that it has launched a new platform dubbed SettleNet that would allow app development on Blockstream’s inter-exchange settlement network […]

Bitcoin Move Past $3,700 Resistance as Crypto Market Recovery Continues

Bitcoin Move Past $3,700 Resistance as Crypto Market Recovery Continues

Bitcoin, the flagship cryptocurrency, has recently seen its price move past the $3,700 resistance after enduring a series of sell-offs this month that saw its price drop from a high of about $4,100. Its jump has been accompanied by a wider market recovery. According to CryptoCompare data, BTC is currently trading at $3,736 after rising 2.6% […]

Bitcoin Giant Grayscale Bolster Institutional Offerings, Launches Stellar Lumens Trust

Bitcoin Giant Grayscale Bolster Institutional Offerings, Launches Stellar Lumens Trust

While Bitcoin (BTC) and a majority of cryptocurrencies, save for Augur’s REP, have remained in a mundane price lull to start 2019, this industry’s upstarts have forged ahead. Grayscale Investments, a self-proclaimed “global leader in digital asset management,” recently launched an investment vehicle centered around Stellar Lumens (XLM) in a seeming bid to spark Wall […]

Bitcoin Startup BitGo May Spark Wall Street Participation In Crypto

Bitcoin Startup BitGo May Spark Wall Street Participation In Crypto

Since Bitcoin (BTC) began to falter in early-2018, optimistic investors, many of which are “HODLing,” have resorted to grasping for straws. Case in point,  the words, “Wall Street” and “institutional investors,” are incessantly mentioned, as crypto diehards have sought to find a light at the end of the proverbial tunnel. Yet, institutions have been effectively elusive, with whale sightings, if […]

Coincheck Wins Crypto Exchange License 12 Months After Major Hack

Coincheck Wins Crypto Exchange License 12 Months After Major Hack

Japanese crypto exchange Coincheck, which suffered a $530 million hack in January of last year, is now a licensed entity. Monex Group, the Japan-based online brokerage firm that acquired Coincheck for $33.5 million following the cyberattack, announced Friday that the exchange is now registered with the Kanto Financial Bureau, under the country’s Payment Service Act, […]

Crypto Hedge Fund Manager Disputes Augur Metrics of $2 Mln, Claims Only $100,000 at Stake

Crypto Hedge Fund Manager Disputes Augur Metrics of $2 Mln, Claims Only $100,000 at Stake

Blockchain-based prediction market Augur is reportedly significantly overestimating its usage, a founding partner of cryptocurrency hedge fund Tetras Capital claimed on social media on Jan. 10. The latest criticism of the project, Alex Sunnarborg took Augur to task following publication of its most recent weekly report showing the amount of money circulating within its markets. Specifically, the report claims around $2 million is […]

Circle CEO Says More Regulatory Clarity From US SEC Will Help Unlock Crypto Markets

Circle CEO Says More Regulatory Clarity From US SEC Will Help Unlock Crypto Markets

CEO and co-founder of Goldman Sachs-backed crypto finance company Circle has said the biggest regulatory hurdle facing crypto today is the lack of clarity from the United States securities regulator over how to define various crypto assets. Jeremy Allaire made his remarks in an AMA reddit thread he initiated on Jan. 10 together with Circle co-founder Sean Neville and other representatives from […]

Bitcoin IRA Launches White-Label Solution for Enterprises The solution is targeted to the financial advisors and wealth managers.

Bitcoin IRA Launches White-Label Solution for Enterprises The solution is targeted to the financial advisors and wealth managers.

Los Angeles-based cryptocurrency company Bitcoin IRA has announced the launch of a turnkey white-label solution for enterprise businesses. Targeted to financial advisors, registered investment advisors (RIAs), wealth managers and other licensed money managers, this system will allow their customers to invest in Bitcoin-based retirement funds. Discover iFX EXPO, Your Gateway to Asian Markets! Commenting on the launch […]

US Bill Filed To Exempt Bitcoin From Securities Law

US Bill Filed To Exempt Bitcoin From Securities Law

In the US state of Colorado, two lawmakers have recently introduced legislation which looks to exempt cryptocurrencies like Bitcoin and Ethereum and other digital tokens from securities law. Late last week, the Republican Jack Tate and the Democrat Stephen Fenberg both filed a bill called the “Colorado Digital Token Act”. This act proposes that digital tokens with […]

UK Crypto Exchange Coinfloor to Launch Trading of Physically Delivered Bitcoin Futures

UK Crypto Exchange Coinfloor to Launch Trading of Physically Delivered Bitcoin Futures

CoinfloorEX, a unit of the United Kingdom cryptocurrency exchange Coinfloor, has been reorganized to offer trading of physical Bitcoin futures on the Asian market. The CEO of the company has revealed this in an interview with Bloomberg on Monday, Jan. 7. The rebranded CoinFLEX — short for Coin Futures and Lending Exchange — is reportedly owned by a consortium that includes Roger Ver, […]