Bitcoin is showing strong signs of going parabolic before Christmas. As a result, thousands of Canadians are scrambling to buy a stake in the world’s favorite cryptocurrency. Doing so is also easy, thanks to MyBTC.ca now making it possible to buy Bitcoin with credit cards in Canada in a matter of seconds.
In the recent past, various eye-opening revelations have been made about spying by government and private organizations. As a result, there has been a growing interest in how people can keep their communications private. After all, nobody likes to have his or her private conversations being snooped on.
OMC Group Sdn Bhd "("OMC Group") is offering a fun way to learn about blockchain through a game of collecting unique tradable digital tokens with the launch of Omni Pets today. Omni Pets are digital tokens created using the ERC-721 open standard based on the Ethereum protocol and are non-fungible, that is, these tokens are all unique unlike the ERC-20 standard used to create cryptocurrencies. With only 200 unique digital tokens offered per week in the form of eggs, these pets when hatched have to be cared and nurtured as their trading value also rises if they are "happy" and "contented".
Circle Internet Financial Ltd, a leading global financial technology firm, and Genesis, a leading digital asset prime brokerage firm, have formed a strategic partnership to accelerate the adoption and acceptance of digital dollar stablecoins in mainstream finance. The partnership includes a $25 million investment of capital into Circle from Digital Currency Group (DCG), the parent company of Genesis, as well as joint product efforts aimed at enhancing Circle's new suite of products for businesses and developers with new USD Coin (USDC) yield and lending services.
The Tel-Aviv Stock Exchange (TASE: TASE) announces the first-ever launch in Israel of a Central Blockchain Securities Lending Platform, an innovative and groundbreaking financial technology. There is currently no central securities lending platform in the Israeli market. Securities Lending is at present executed using inter-bank mechanisms within, and if necessary outside, banking group limits. As a result, the market has not been fully exploited to satisfy the potential needs of economic agents.
Paxos Trust Company, the regulated financial institution that digitizes and mobilizes assets, today introduced Paxos Crypto Brokerage, a new product offering that enables companies to integrate cryptocurrency buying, selling, holding and sending capabilities into their own applications. Paxos Crypto Brokerage is a turnkey, easy-to-integrate API-based solution that provides access to the $200 billion cryptocurrency market while managing the underlying regulatory and technological complexity.
It’s safe to say that July has been relatively dull for Bitcoin when it comes to price action. The major cryptocurrency spent the last week trading in a range between $9,100 and $9,400 without any major fluctuations.It’s also worth noting that legacy markets and Bitcoin’s price remain aggressively correlated. In fact, a lot of analysts on Twitter are now saying that currently, the futures on stock markets are a valuable indicator of where Bitcoin will head next.
AdsDax, a decentralized advertising platform and marketplace to create, buy, verify, and sell advertising, has achieved over 1,300 cryptocurrency transactions per second (TPS) on Hedera Hashgraph's enterprise grade distributed ledger. The announcement comes after AdsDax expanded the capacity of its infrastructure and began running large advertising campaigns in partnership with Zee Entertainment, one of India's largest news networks. This is the first time that Distributed Ledger Technology (DLT) has reached this volume in a live, commercial environment.
CoinShares today announced the launch of the CoinShares Gold and Cryptoassets Index (CGCI), the first EU Benchmark Regulations (EU BMR) compliant index for the digital asset industry that combines digital assets and gold. The index, now live on Bloomberg Terminals and Refinitiv (formerly Reuters), is designed to provide exposure to cryptoassets while improving average returns and reducing volatility.
Global digital asset exchange, Gate.io has received a 100% "proof of assessment" certificate after completing a thorough audit performed by the leading accounting firm Armanino LLP. The certificate states that Gate.io's collateralization ratio (assets-to-liabilities) stands at 104%; Gate.io has Bitcoin reserves exceeding 100% of customer liabilities. With this new certification from Armanino, Gate.io also becomes the first-ever mainstream exchange to receive a 100% proof of its reserves.