Cryptocurrencies Archives

Cardano Alonzo: solving long-standing crypto problems

Following a significant update over the weekend, the Cardano network now allows users to execute smart contracts, boosting its competitiveness against larger competitor Ethereum. For many users, the event may signal the conclusion of certain long-standing Ethereum Network problems. The soon-to-be-famous On September 12, 2021, the Cardano blockchain completed its Alonzo update successfully. Following the conclusion of the Alonzo hard fork, Cardano announced the deployment of “Plutus smart contract capabilities” in a blog post. Plutus smart contracts in action Input-Output (IOHK), Cardano’s partner, successfully filed...

#ADA, Blockchain, Cardano, Cryptocurrencies, DeFi, Featured, Main

YouHodler Integrates Fireblocks To Secure Its Crypto Transactions

LAUSANNE, SWITZERLAND Sep 02 2021 (Blockchain Wire) YouHodler, a fintech platform that helps people access the benefits of the crypto economy, has integrated with Fireblocks, digital asset custody, transfer, and settlement platform. Under the partnership, YouHodler will leverage Fireblocks for crypto transactions management and integrations with a number of protocols, including Polkadot, Tezos, and Cardano. YouHodler’s solutions open up connections between crypto and the real world, allowing people to use their crypto assets without spending them. With YouHodler, users can buy and sell crypto at any time, use it for...

Cryptocurrencies, Exchanges, Press release, Stablecoins

Terra (LUNA) Is Undervalued, Could Easily Double And Be Top Ten EOY Says PrimeXBT Analyst Kim Chua

LUNA, the native token of the Terra blockchain, which is also needed in the issuance of their native stablecoin, UST, has been gaining traction with great speed. It has become particularly popular amongst the more well-heeled investors who have increased the use of the UST stablecoin by ten-fold this year, from around $182 million at the beginning of this year to over $2.3 billion as of current. Looking at the TVL of $7.7 billion on the Terra ecosystem, LUNA seems really undervalued at its current market cap of only $14 billion. This could easily be worth $20 billion, believes PrimeXBT analyst Kim Chua. LUNA has grown over 2,000%...

Cryptocurrencies, Ethereum, Trading

Chainbing (CBG) Was Listed on XT, Opening an Era for Data Witnessing Ecology

By Juan Mende Based on the official announcement of XT.COM, Chainbing (CBG) deposit service was available at 11:00 on August 19, 2021 (UTC+8), its CBG/USDT transaction function was available at 18:00 on August 19 (UTC+8), while its withdrawal service was opened to the public at 17:00 on the 20th (UTC+8). This listing of Chainbing (CBG) fully demonstrated its great potential and its insight in data sharing. Chainbing is committed to data storage, indexing, analysis, and sharing on the blockchain to provide users with fast and accurate information. CBG introduce a data witness mechanism to ensure the reliability of data and provide certain...

Blockchain, Cryptocurrencies, Exchanges

TORG – World’s First Sustainability Driven Cryptocurrency Goes Live on Global Exchanges

August 20, 2021, 05:27 AM Eastern Daylight Time DUBAI, United Arab Emirates–(BUSINESS WIRE)–Cryptocurrencies seem to be the flavor of the season as increasingly more people around the world are embracing them; sometimes even abandoning their traditional avenues like Equity, Gold, etc. Though the concept of crypto (as they are informally called) investment seems novel, the first cryptocurrency came into the market more than a decade back. The reliable supply, decentralized control, swift success, and exorbitant returns given by cryptocurrencies have now allayed all fears of them being a ‘fad’ or even a ‘sham’. Today, you...

Blockchain, Cryptocurrencies, Ethereum, Press release

Wyre Joins Visa’s Fintech Fast Track Program

SAN FRANCISCO Aug 19 2021 (Blockchain Wire) Wyre, a leading fiat-to-crypto and payment infrastructure company, has to date processed millions of Visa credit and debit card transactions from 60 countries. Today, Wyre announced a deepening of that collaboration with Visa. Through its acceptance into Visa’s Fintech Fast Track Program, Wyre will gain unprecedented access to Visa technology and resources, leveraging the reach, capabilities, and security of Visa to build the next generation of fintech innovations. Through Visa Fast Track, Wyre will be able to provide additional functionality to Wyre’s users, allowing...

Cryptocurrencies, Fintech, Press release

Evolve Files Preliminary Prospectus For Cryptocurrencies ETF

TORONTO Aug 18 2021 (Blockchain Wire) Evolve Funds Group Inc. (“Evolve” or “the Manager”) is pleased to announce it has filed a preliminary prospectus with the Canadian securities regulators for the Evolve Cryptocurrencies ETF (“ETC” or “the Fund”). ETC is designed to provide investors with indirect exposure to certain cryptocurrencies selected by the Manager, weighted on a market capitalization basis and rebalanced monthly.“Many investors are adding cryptocurrencies to their investment portfolios today,” says Raj Lala, President and CEO, Evolve ETFs. “The...

Cryptocurrencies, ETF, Press release, Trading

FalconX Raises $210M Following 30x YoY Revenue Growth; Now Valued at $3.75 Billion

Series C Led by Altimeter Capital, B Capital Group, Sapphire Ventures, and Tiger Global Management, with participation from Amex Ventures and Mirae Asset.August 10, 2021 11:00 AM Eastern Daylight Time SAN FRANCISCO–(BUSINESS WIRE)–FalconX, a digital assets and cryptocurrency financial services company that provides institutions trading, credit, and clearing across major cryptocurrencies, announced a $210M Series C financing round, valuing the company at $3.75 billion. The round was led by Altimeter Capital, Sapphire Ventures and existing investors B Capital Group and Tiger Global Management, with participation from Mirae...

Blockchain, Cryptocurrencies, Press release

Victory Capital Launches Crypto Index Fund for U.S. Accredited Investors

Files for New, Multi-Coin Crypto ETF August 04, 2021 08:30 AM Eastern Daylight Time SAN ANTONIO–(BUSINESS WIRE)–Victory Capital Holdings, Inc. (NASDAQ: VCTR) (“Victory Capital” or the “Company) today announced that its wholly owned investment adviser, Victory Capital Management Inc., has launched the Victory Hashdex Nasdaq Crypto Index Fund LLC, a private fund that tracks the Nasdaq Crypto Index (NCI). Additionally, the Company said it has filed an initial registration statement with the SEC to offer the strategy in an ETF vehicle. “We’re confident we’re on the verge of fast and remarkable advancements in this arena,...

Cryptocurrencies, Press release

DucatusX Begins Trading on Pancake Swap

The digital token focused on powering an entire economy on cryptocurrency August 01, 2021 06:10 AM Eastern Daylight Time NEW YORK–(BUSINESS WIRE)–Ducatus, a FinTech start-up whose vision is to make user-oriented blockchains available to everyday people, announced that its DucatusX (DUCX) token will begin trading on Pancake Swap today. The company is working towards realizing a purely cashless economy where digital payments are used for necessities, food, shelter, and comfort. DUCX, a fork of Ethereum, is an important part of this digital framework. “This Sunday, August 1st at 11:00 AM Dubai Time, DUCX will be available...

Cryptocurrencies, Press release, USDT

Cardano Alonzo: solving long-standing crypto problems

YouHodler Integrates Fireblocks To Secure Its Crypto Transactions

Terra (LUNA) Is Undervalued, Could Easily Double And Be Top Ten EOY Says PrimeXBT Analyst Kim Chua

Chainbing (CBG) Was Listed on XT, Opening an Era for Data Witnessing Ecology

TORG – World’s First Sustainability Driven Cryptocurrency Goes Live on Global Exchanges

Wyre Joins Visa’s Fintech Fast Track Program

Evolve Files Preliminary Prospectus For Cryptocurrencies ETF

FalconX Raises $210M Following 30x YoY Revenue Growth; Now Valued at $3.75 Billion

Victory Capital Launches Crypto Index Fund for U.S. Accredited Investors

DucatusX Begins Trading on Pancake Swap

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