Cryptocurrency Analysis and News Portal
Iconic Funds, a leading regulated cryptocurrency asset management firm has announced plans to launch its Bitcoin Exchange Traded Note (ETN) of up to 100 million Notes, tracking the New York Stock Exchange (NYSE) Bitcoin Index (NYXBT). The ETN will be available to both retail and institutional investors, according to a
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Canadian startup Ledn, which offers bitcoin-backed fiat loans, now also offers dollar-pegged DAI loans, connecting bitcoin users with ethereum’s decentralized finance (DeFi) ecosystem. Ledn co-founder Mauricio Di Bartolomeo, a Venezuelan expat, told CoinDesk this new partnership with stablecoin promoter
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Michael Novogratz, Galaxy Digital CEO and chairman, spoke to CNBC’s Squawk Box where he said that a new Bitcoin (BTC) fund was in the works.Novogratz alludes to new funds in interviewOn Oct. 24, Novogratz hinted that Galaxy Digital Asset Management has plans to launch a new Bitcoin fund to
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Swiss crypto broker Bitcoin Suisse has purchased a minority stake of CoinRoutes Inc., a provider of pan-exchange smart order routing and algorithmic trading software.The investment and a new directorBitcoin Suisse announced the news on Oct. 22, specifying that it acquired a $3 million share of CoinRoutes. Niklas Nikolajsen, the
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The Algorand Foundation announced that its blockchain platform is now certified for Sharia-compliant financing.According to a press release on Oct. 21, Islamic institutions can now start using the proof-of-stake Algorand blockchain for economic exchange, stating:“Islamic enterprises will now be able to realise new business opportunities on a platform that
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Former Google Russia chief technology officer Jennifer Trelewicz has joined blockchain platform Credits (CS) as its new chief business officer (CBO).According to an official announcement published on Oct. 11, Trelewicz’s first experience working with blockchain was during her time as the CEO of Russian technology startup S7 TechLab. In the
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Ripple, the blockchain firm behind crypto asset XRP, fused three of its services into features of its RippleNet offering.Industry news outlet CryptoNews reported the change in Ripple’s product offering on Oct. 9.Little more than the names changedPer the report, a company’s spokesperson explained that now, “instead of buying xCurrent
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New England-based blockchain firm SimplyVital Health, Inc. has received a $225,000 grant from the United States National Science Foundation (NSF) to research integration of its protocol Nexus with the Graphene protocol.The NSF awarded the grant as part of its Small Business Programs, which contributes $200 million annually to innovative
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Crypto wallet and debit card service company Cryptopay now offers transfers with the British Pound (GBP) through the Faster Payments Scheme.Cryptopay revealed the development in a press release with CryptoX on Oct. 9, specifying that its United Kingdom-based users can now fund their accounts and make withdrawals with GBP,
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The major crypto firm Ripple, the parent of the cryptocurrency Ripple (XRP)trade, is further expanding its services in Europe through an acquisition of the Icelandic crypto trading firm Algrim.Ripple, a pioneer in providing blockchain-based solutions for large-sized enterprises, has been acquiring and investing in blockchain firms through its investment and
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