Cryptocurrency Analysis and News Portal
On March 29, nonfungible tokens startup Freeport announced that it had passed a Regulation A review by the U.S. Securities and Exchange Commission to launch its blockchain platform for crowd-ownership of a four-piece collection of Andy Warhol prints. Each piece consists of 10,000 shares, with a minimum purchase of 10
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“Opera has over 11 million users, so they're huge, and the fact that they are a Web3 browser really enables us to jointly bring the power of digital identity to all of their users,” said Carter. “We believe that utility is greater than hype, and this enables us to bring
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The collapse of a number centralized platforms in recent months has highlighted the need for risk controls and keeping close tabs on collateral. Elwood's new offering includes live position and exposure tracking, scenario analysis and collateral monitoring – in other words, said the company, the type of services that will
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ICOs do not deserve their bad reputation – and can be a viable way for retail investors to take part in the growth of early stage startups and expand capital access for U.S. firms, if regulation is reconsidered. Source
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The Amesbury, Massachusetts-based Bankprov, a subsidiary of Provident Bancorp, has announced that it will no longer provide loans secured by cryptocurrency mining rigs. In a filing with the U.S. Securities and Exchange Commission (EX-99.1), Bankprov stated that revenue from its digital asset loan portfolio will continue to decrease as the
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"The ill-advised, deceptive, and potentially illegal actions of a few have a direct impact on the valuation of Bitcoin and other digital assets," the letter read. Source
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Western Union may be preparing to offer crypto-related services, judging from trademark applications filed by the company last week. This is the latest of several attempts the company has made to enter the cryptoverse. So far, it has had limited success.Western Union filed for three trademarks on Oct. 18. According
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"It’s well-known that policymakers and regulators have sought to learn more about the novel world of Web3. We hope to partner with the rest of the industry and regulators to define and shape the burgeoning ecosystem. As a leader in the space, Yuga is committed to fully cooperating with any
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Fidelity launched its crypto-focused institutional custody and trading platform Fidelity Digital Assets in 2018. The firm offers two exchange-traded crypto funds dedicated to the metaverse and digital payments, respectively. Last month, news broke that Fidelity was considering offering crypto trading to its retail brokerage clients. Original Source
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"As we approach the highly anticipated Ethereum Merge next month, we continue to see market participants turn to CME Group to manage ether price risk," Tim McCourt, global head of equity and FX Products at CME Group said in the statement. "Our new Ether options will offer a wide array
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