Digital Asset news-Page 26
Fake Website Mimicking Bakkt Platform Fails to Scam Crypto Community
A new Bitcoin (BTC) scam website representing digital assets platform Bakkt has appeared on the internet, with its domain “bakktplatform.io” registered on Jan. 31. The fake Bakkt website claims that the launch of the platform will take place on March 12, also offering investors a chance to participate in another funding round, accepting “investments” in Bitcoin. Citing official data from the genuine Bakkt blog, the fake website mentions that the upcoming digital asset platform had raised $182.5 million in the end of 2018, and announced a second investment round for “all interested investors who believe in the future of the …
Digital Asset / Feb. 8, 2019
Thailand’s Stock Exchange Plans to Set up a Licensed Digital Asset Exchange: Report
The Stock Exchange of Thailand (SET) is planning to set up a regulated digital asset exchange, local news agency The Bangkok Post reported on Jan. 17. Citing the vice chair of SET’s board of governors, Pattera Dilokrungthirapop, — аlso chair of the Association of Securities Companies — the report revealed that the national stock exchange plans to apply for a digital asset operating licence from the country’s Ministry of Finance within the year. According to the plan, SET’s member securities firms will be able to apply to become brokers and dealers for trading on the new digital asset exchange. As …
Adoption / Jan. 18, 2019
Swiss Multi-Billion Dollar Bank Vontobel Launches Regulated Crypto Custody
Switzerland’s major private investment bank Vontobel has launched a crypto custody solution targeting banks and asset managers, according to an official press release published on Jan. 14. Zurich-based Vontobel bank is reportedly the third largest financial custody provider in Switzerland, with 110.3 billion CHF ($112.2 billion) in assets under its actively developing Asset Management tool, according to the company’s financial report in 2017. With the launch of the new digital assets custodian solution named Digital Asset Vault, the private bank claims to be the first bank in the world to comply with standards required by both industry regulators and financial …
Adoption / Jan. 14, 2019
Australians Can Use Crypto Debit Card at 30,000 ATMs and Up to 1 Million Payment Terminals
Finding easy ways to spend cryptocurrency can be nothing short of a nightmare — and even when you discover a platform where your digital assets can be used for purchasing everyday goods and services, you’re normally faced with delays and high transaction fees. A Sydney-based startup is seeking to change the status quo by offering a crypto debit card which enables the likes of Bitcoin and Ethereum to be used at any business or ATM across Australia. Unlike other preloaded cards, BTC.com.au says its card is free to acquire, and consumers don’t have to pay any fees when they top …
Adoption / Dec. 20, 2018
New Exchange to Offer Customizable Dashboards — Giving Traders the Information They Want
A new exchange says it has the goal of becoming “the most professional, global and secure marketplace for digital assets” — utilizing state-of-the-art technology that it claims can deliver a processing capacity of 1.5 million order matches per second. ProBit says its platform is “fast, robust and reliable” — helping to give its users an upper hand while trading. The company says security is a priority, and this is why it promises to store “95 percent or more of digital assets in a cold wallet” — protecting users against security breaches and theft. Hardware security keys are also being made …
Blockchain / Nov. 30, 2018
Move Aside Apple: Crypto Platform Reveals ‘Premium’ Hardware Wallet in Sleek Video
A platform which aims to demystify crypto and bring it to the masses through a suite of blockchain-driven financial services has launched its latest product: a hardware wallet that combines “institutional-grade security with a consumer-friendly user experience, beautiful design and premium materials.” In a promotional video not dissimilar from the sleek ads released by tech giants such as Apple, Coinvest unveiled the Coinvest Vault – which is designed for storing digital assets. The company says the hardware wallet provides a “one-of-a-kind security architecture” and supports the transfer of hundreds of different assets – and a special emphasis has been placed …
Blockchain / Nov. 29, 2018
From Food to Factories, Blockchain Startup Says Digitizing Assets Can Transform the World
A startup says the tokenization of assets represents the next big milestone for blockchain technology – and is creating a platform that’s going to enable individuals and businesses to digitize real-world items. According to IDA, its infrastructure helps to solve a dilemma facing the world today: an effective link between physical and digital economies. The company says digitizing assets can help strengthen rights of ownership, allow everyone to track resources and prevent waste, and create a tamperproof record of transactions. In its white paper, the company has set out why this evolution matters. IDA claims that digitized assets are going …
Blockchain / Nov. 23, 2018
New Platform Allows Businesses to Launch Their Own Cryptocurrency Exchange
On Sept. 3, the Spotware company, which specializes in providing contract for difference (CFD) and forex technology services, released its new solution that allows customers to start their own cryptocurrency exchange, says the official press release. The platform is called cXchange and the company claims it is to be the most technologically advanced cryptocurrency exchange platform to date. Out-of-the-box exchange According to the Spotware statement, cXchange is a complete out-of-the-box solution that offers scalable architecture, an “ultra-fast” matching engine — which can support any asset — as well as a high level of security. In addition to the platform itself, …
Blockchain / Sept. 12, 2018
Is Delaware’s New Digital Assets Inheritance Law Too Far Reaching?
The State of Delaware took another step in defining Bitcoin by passing a Bill that regulates what happens to a person’s digital assets after they die. There might be a lot of contention about whether Bitcoin is money, a commodity or property. But there is no argument that Bitcoin has value, a question that has also been settled by a federal district court in New York and by a Federal magistrate in Texas. Bitcoin and other cryptocurrencies have value. This means that when a person passes away this value becomes part of their estate. House Bill 345 is worded similarly …
Bitcoin / Aug. 24, 2014