Tag: Cryptocurrencies

Tether could introduce new risks into securities markets

Tether could introduce new risks into securities markets

Stablecoins like Tether (USDT), which is already a major participant in the $1.1 trillion commercial paper market, may bring new risks into short-term securities markets, according to Fitch Ratings, a worldwide ratings firm.  The rating agency had already issued a warning in July that stablecoins had the potential to destabilize credit markets in the short term. Tether has recently agreed to pay $41 million in a settlement with the US Commodity Futures Trading Commission for “misleading” investors about the number of its reserves. adding the latest consequence of the Biden administration’s wider assault on cryptocurrency...

Cryptocurrencies, Featured, Stablecoins, USDT

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De-Fi Insurance Protocol Solace, Backed by Polygon, NEAR, and Aave is Now Live

Insurance-alternative protocol allows DeFi liquidity providers to hedge their risk in the event of smart contract exploits CALIFORNIA Oct 19 2021 (Blockchain Wire)  Solace, a risk management insurance protocol for decentralized finance, has launched after eight months in development and four months on the Ethereum Rinkeby and Kovan testnets.  Entirely community-run, Solace offers coverage policies for DeFi protocols such as Aave, Compound, and Uniswap. Claims are instantly and automatically validated and claimed within the network, and payouts are made in a single transaction. Capital providers contribute to...

Blockchain, Cryptocurrencies, DeFi, Press release, Uniswap

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Worldwide Hardware Wallet Industry to 2028 – High Market Growth Potential Across Developing Economics – ResearchAndMarkets.com

October 20, 2021 04:56 AM Eastern Daylight Time DUBLIN–(BUSINESS WIRE)–The “Hardware Wallet Market By Type, Connection Type, End User and Distribution Channel: Opportunity Analysis and Industry Forecast, 2021-2028” report has been added to ResearchAndMarkets.com’s offering. “Hardware Wallet Market By Type, Connection Type, End User and Distribution Channel: Opportunity Analysis and Industry Forecast, 2021-2028” The global hardware wallet market size was valued at $0.22 billion in 2020, and is projected to reach at $1.02 billion by 2028, growing at a CAGR of 24.0 % from 2021 to...

Blockchain, Cryptocurrencies, Press release, Wallets

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Tokens.com Provides Q3 Operational Update and Date for the Release of its Q3, 2021 Financial Results

October 19, 2021 07:30 AM Eastern Daylight Time TORONTO–(BUSINESS WIRE)–Tokens.com Corp. (NEO Exchange Canada: COIN) (Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) (“Tokens.com” or the “Company”), a publicly-traded company that invests in revenue-generating crypto and blockchain assets linked to Decentralized Finance (“DeFi”), Non-Fungible Tokens (“NFTs”) and metaverse real estate, is pleased to provide an update on its Q3 staking operations. All amounts in this news release are unaudited. “Our digital assets, linked to the growth of DeFi and NFT applications, have the potential to appreciate further over the...

Cryptocurrencies, DeFi, NFTs, Press release

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Pollen DeFi to hold Allocation Mining Event on Launchpool Beginning November 8

The Crypto Meritocracy and Seminal DeFi 2.0 Experience Has Partnered with Launchpool for its Initial Equity Offering Event BRITISH VIRGIN ISLANDS Oct 19 2021 (Blockchain Wire)  On the heels of closing a $5 million private funding round, Alphabit backed Pollen DeFi (https://pollen.id/), the decentralized platform where the community will manage the weighting of asset portfolios that back up market-tradable tokens, today announced its Allocation Mining Event (AME) on Launchpool.xyz, a trusted project launchpad with a strong community-based ethos. During the 10-day event, slated to begin November 8, a total of 1.5 million...

Cryptocurrencies, DeFi, Press release

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Cryptocurrency Innovators Invest in New Card Solutions, With Marqeta’s Modern Card Issuing Platform Powering Growth of New Category

Category leaders Coinbase, Fold, Shakepay, and Bakkt have all leveraged Marqeta to build cutting-edge card solutions that drive new engagement through crypto spend and rewards cards. October 19, 2021 07:00 AM Eastern Daylight Time OAKLAND, Calif.–(BUSINESS WIRE)–Marqeta (NASDAQ: MQ), the global modern card issuing platform, announced today that it is powering cryptocurrency spending and rewards products for Coinbase, Fold, Shakepay, and Bakkt, with the company seeing rising interest in new card products in this rapidly evolving category. “Marqeta’s open APIs are extremely flexible and its technology is best-in-class,...

Cryptocurrencies, Press release

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Bakkt Debuts as a Public Company on the New York Stock Exchange

Bakkt listed under the ticker “BKKT” October 18, 2021 08:31 AM Eastern Daylight Time ALPHARETTA, Ga.–(BUSINESS WIRE)–Bakkt Holdings, Inc. (NYSE: BKKT), a trusted digital asset platform that enables consumers, businesses, and institutions to buy, sell, spend, send and redeem digital assets, will open trading today on the New York Stock Exchange under the ticker symbol “BKKT.” “Today, Bakkt’s vision – to connect the digital economy – reaches new heights, and we’re excited to continue our momentum as a public company,” said Gavin Michael, CEO of Bakkt. “Our platform sits at the intersection of cryptocurrency, rewards,...

Cryptocurrencies, Exchanges, Press release, Trading

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Interactive Brokers Group Introduces Cryptocurrency Trading for Financial Advisors in the U.S.

Clients Managing Well-Diversified Portfolios Now Able to Trade Cryptocurrency October 18, 2021 10:00 AM Eastern Daylight Time GREENWICH, Conn.–(BUSINESS WIRE)–Interactive Brokers Group (Nasdaq: IBKR), a global brokerage firm, today announces its launch of cryptocurrency trading for Registered Investment Advisors (RIAs) in the U.S., enabling these RIAs to trade and custody Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and Bitcoin Cash (BCH) via Paxos Trust Company on behalf of clients. RIAs will benefit from the ability to manage their client’s positions in cryptocurrency in addition to stocks, options, futures, bonds,...

Altcoins, Bitcoin, Bitcoin Cash, Cryptocurrencies, Ethereum, Press release

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Bitcoin ETFs are Finally Here

Bitcoin ETFs are Finally Here

The US Securities and Exchange Commission is more likely to approve a futures-based bitcoin exchange-traded fund (ETF) this month, boosting the market by more than 30%. On Friday, bitcoin topped $60,000 for the first time since April, as investors cheered the prospect of the SEC approving the first US bitcoin futures ETF in a matter of days. On Friday, the Securities and Exchange Commission (SEC) approved bitcoin futures ETFs for the first time in the sector, after a meeting of the regulator’s five commissioners. With the implicit permission of the US from a bitcoin exchange-traded fund, cryptocurrency investment is now coming...

ARK Invest, Bitcoin, Coinbase, Cryptocurrencies, ETF, Featured

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Billionaires Polker Room as Testnet is Live with Countdown

Did Jack Say “Twitter will take Polker to Mars”? Billionaire’s Polker Room as Testnet is Live with Countdown

Polker has launched a countdown timer on their website to the official date of the much-anticipated ‘Testnet’ Game Launch. The timer indicates that the game is going to go live on the 11th of November and you can sign up to be part of this now. Polker is set to be the first fully free-to-play and play-to-earn blockchain NFT game in the space. The game is built on Unreal Engine, so not only does it have the power of the blockchain behind it – it has unparalleled graphics. Polker has developed a truly powerful and immersive game that pulls both the gaming world and blockchain space together for a full-throttle experience. Polker’s ‘Testnet’...

Crypto Games, Cryptocurrencies, Ethereum, Uniswap

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