What are the tools that TradeSanta offers? The platform enables traders to connect their accounts to top exchanges, and set up a bot in under five minutes. TradeSanta supports a wealth of long and short strategies, and enables technical indicators to be used so trades are opened at opportune moments. The company also says it paves the way for large volumes of crypto to be traded without impacting spot prices. No two traders are the same, let alone their trading tactics. Preset bot templates are available — and as an alternative, customized strategies can also be built from scratch. Coupled …

A decentralized synthetic asset issuance protocol built on Substrate says it has secured $1.64 million from prominent blockchain venture capitalists. Shadows Network, a trading platform based on Polkadot, is wrapping up its strategic financing round — and says it is ready to step out from the shadows and into the DeFi world. The company’s goal is to democratize finance and enable investors to gain exposure to assets — including stocks, commodities, indices and more. By enabling anyone to trade on-chain assets from anywhere, the platform describes itself as “the backbone of Web 3.0 as a store of value.” Highlighting the …

A digital assets platform that serves as a launchpad for up-and-coming crypto projects has integrated Binance Smart Chain — enabling tokens to be created seamlessly within minutes. DxSale is a decentralized token management platform, and its application initially launched in late December 2020 on the Ethereum network. Whereas rivals rely on human verification before startups are given the go-ahead, the organization has chosen to take a different approach by building a trustless application. This is done through smart contracts that work together to remove the risk of fraudulent projects by automatically locking tokens, resulting in an instant gain of trust …

Bordier & Cie, a Swiss financial institution operating for more than 170 years, has announced a partnership with digital asset bank Sygnum to allow its customers to purchase crypto assets. The integration with Sygnum’s business-to-business banking platform allows Bordier’s clients to purchase Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH), and Tezos (XTZ). The announcement describes the move as “lay[ing] the foundation for a broader offering of regulated digital asset products and services,” including options and tokenized asset classes. Bordier managing partner Evrard Bordier said: “By partnering with Sygnum Bank, we are providing our clients with a one-stop, integrated solution while …

For a long time, experts have been talking about how tokenization — the act of creating a digital representation of an asset on a distributed ledger — of a financial or real asset can unlock trillions in illiquid assets, giving retail investors access to investments with previously high minimum capital requirements thanks to fractional ownership or settle trades on a distributed ledger instantly. But if we investigate the current tokenization offerings, none is truly taking off and attracting the masses. If the theoretical advantages are true, millions of investors must be onboarding on exchanges that offer tokenized assets. However, this …

A digital payment provider is bringing crypto payments to retailers and consumers through a suite of products — including a sleek, modern physical terminal. Lunu’s point-of-sale device comes in an array of skins and can process a plethora of cryptocurrencies as well as credit cards and contactless payments made using smartphones. Executives have positioned their company as an aspirational 21st-century brand that has art and social responsibility in its DNA — with a laser-like focus on design. The terminal is complemented by a cutting-edge processing service that delivers decentralized and competitive exchange rates — through its patented arbitrage system and …

The SEC’s recent inquiry into the Tim Draper-backed DeFi Money Market platform is the most recent example in a concerning trend of increasing action by regulators against unregistered securities. As a result of regulatory inquiries, DMM is ceasing operations. mTokens can be redeemed with interest accrued to-date through the following link: https://t.co/mWB1WacKaH — DMM DAO (@DMMDAO) February 5, 2021 It joins Kik Interactive, Ripple and Coinseed as crypto projects facing the wrath of regulators under aspects of securities law. The mystery behind DeFi Money Market’s abrupt closure on Feb. 5 was unveiled in the project’s official Telegram channel on Feb. …

DeFi Money Market, one of the earliest projects aiming to bring real-world assets on-chain, abruptly announced last night that it has “ceased operations.” “As a result of regulatory inquiries, DMM is shutting down,” a statement on the project’s website reads. “[...] DMM regrets the necessity of this action, and would like to thank the DMM community for its support and active participation in this project.” The website provided users instructions on how to redeem yield-bearing mTokens, and said that yields for the tokens would drop to 0% on February 10th. “We’re sure that you have questions, but unfortunately we are …

Uphold, an American digital wallet and trading platform, has acquired European card issuer Optimus Cards UK Limited to launch a cryptocurrency-enabled card on the continent. According to a Feb. 2 announcement, Uphold is planning to roll out its crypto-powered debit card in Europe starting in April 2021. Uphold CEO JP Thieriot said that the launch in Europe follows a successful roll out in the United States: “From April, we plan to start rolling out the world's first, multi-asset, crypto-enabled debit card on the Optimus platform in Europe. The card has already proved a hit with our U.S. customers offering a …

Japanese finance group SBI Holdings is building a digital stock exchange in collaboration with Sumitomo Mitsui Financial Group, or SMFG. According to a Nikkei report Thursday, the new digital securities exchange is expected to be the first Japanese exchange trading digital stocks using blockchain technology. The companies are reportedly planning to roll out the exchange in Osaka in spring 2020, while the platform is expected to start handling digital securities in 2023. In order to launch the exchange, SBI and SMFG will set up an operator, Osaka Digital Exchange, or ODX. SBI will have a 60% stake in ODX, while …

Just one week after asset manager Blackrock appeared to be preparing to invest in Bitcoin futures, CEO Larry Fink has some mixed messages on crypto. In an interview with Bloomberg on Wednesday, Fink referred to Bitcoin (BTC) as a volatile asset within "a very small market." The CEO’s remarks continued, with fascination over the media coverage of Bitcoin, given that the “asset category is so small compared to other asset categories.” “[Bitcoin] could be another store of wealth, but right now it’s still untested,” said Fink. “It has huge volatility, moving in 5-6% increments with small dollar investments moving it.” …

The coronavirus pandemic has shaken up the world of work — igniting an entrepreneurial spirit in the hearts of thousands. A recent article in The Wall Street Journal claimed that applications for new U.S. businesses have been rising at the fastest rate since 2007. But one crypto-focused company says aspiring business owners face a big problem: The current solutions for getting their ideas off the ground are slow, expensive and centralized. Ideaology’s goal is to bring everything that a budding entrepreneur would need under one roof — and the organization has the ambitious target of reaching 100,000 people this year. …