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Altcoins

Crypto Derivatives Exchange Globe Raises $3M In Seed Funding

Kavon Hyatt | November 21, 2020 | Leave a comment
Globe, a relatively new cryptocurrency derivatives exchange has announced the completion of its seed funding round. In this funding round, the yet-to-launch derivatives exchange is said to have raised an amount of $3 million. Globe intends to use these...
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Switzerland’s SEBA Bank Announces Support for Bitcoin Cash and USD Coin

Kavon Hyatt | November 20, 2020 | Leave a comment
Switzerland-based SEBA Bank has expanded its cryptocurrencies ecosystem by adding two more digital currencies. Reportedly, the Swiss-regulated bank has announced to add support for the seventh-largest cryptocurrency by market cap Bitcoin Cash (BCH) and the second-largest stablecoin USD Coin...
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Bitfinex Derivatives Announces the Launch of Perpetual Contracts For Chainlink, IOTA, and Uniswap

Kavon Hyatt | November 19, 2020 | Leave a comment
The Hong Kong-based cryptocurrency exchange Bitfinex has launched new perpetual swaps for three new products on its derivatives platform. The newly-launched perpetual contracts are for Chainlink (LINK), IOTA, and Uniswap (UNI). As reported by Hedge Week, these swaps are...
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Grayscale’s Bitcoin Trust Now Holds More Than 500,000 BTC

Kavon Hyatt | November 18, 2020 | Leave a comment
The leading cryptocurrency asset management firm Grayscale Investments now has more than 500,000 BTC held in its largest fund Bitcoin Trust Fund (GBTC). This is a major milestone for Grayscale Investments as it now holds approximately 2.4 percent of...
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Coinbase Custody Launches CELO Staking In Collaboration With Bison Trails

Kavon Hyatt | November 15, 2020 | Leave a comment
The famous San Francisco-based cryptocurrency exchange Coinbase’s custodial arm Coinbase Custody is now offering staking services for CELO the native utility and governance token of the open-source platform Celo. Users can now start staking their CELO tokens in order...
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Centralized Lending Platform BlockFi Plans to Roll Out Services in Europe Next Year

Kavon Hyatt | November 13, 2020 | Leave a comment
The New York City-based centralized cryptocurrency lending platform BlockFi is soon going to launch its services across Europe while providing users an opportunity to earn interest in retail products. The crypto lending startup has already begun testing its retail...
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Spanish Police Have Arrested A Member of Colombian Cali Drug Cartel For Crypto Money Laundering

Kavon Hyatt | November 11, 2020 | Leave a comment
A suspected member of the Colombian Cali Drug Cartel who is accused of cryptocurrency money laundering has been detained by the national police of Spain. The man has not been clearly identified by the authorities of Spain however they...
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Swiss Crypto Bank Announces Tezos Staking With an Annual Reward of Up to 5%

Kavon Hyatt | November 8, 2020 | Leave a comment
Sygnum, a regulated cryptocurrency bank based in Switzerland, has announced the launch of a staking service for XTZ the native digital token of the Tezos blockchain. Users will also be offered annual rewards on Tezos staking.  As per the...
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Binance’s Newly-Launched BNB Vault Allows Users to Earn Up to 8% Interest Annually

Kavon Hyatt | November 4, 2020 | Leave a comment
Binance, the world’s largest cryptocurrency exchange in terms of trading volume, has introduced a new vault for the holders of its native digital token Binance Coin (BNB). Known as “BNB Vault,” this newly-launched vault will give users an opportunity...
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More Than 8000 ETH Transferred to Crypto Exchanges By Ethereum Holders

Kavon Hyatt | November 3, 2020 | Leave a comment
Ethereum holders have transferred a massive amount of ETH tokens to cryptocurrency exchanges. According to a report from CryptoQuant, more than 8000 ETH tokens were moved to digital currency exchange recently. This gargantuan amount was transferred right before the...
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