VersaBank, formerly Pacific & Western Bank of Canada, announced one of its subsidiaries has completed beta testing for its digital safety deposit box and is now entering the commercialization phase, which will include the offering of digital safe keeping as well as multi signature services for cryptocurrency exchanges and crypto-based investment funds. Canadian VersaBank Announces Digital Safety…
As traders have begun to realize that the news regarding the financial status of Tether Limited (USDT’s issuer) and Bitfinex isn’t all too harrowing, Bitcoin (BTC) has recently stabilized. In fact, analysts have claimed that the crypto market’s lack of reaction to the seemingly bearish news shows strong fundamental strength, and may, in fact, be…
The former CTO of Singapore based Huobi is about to launch his own crypto trading platform before the end of the year. BHEX to Offer Crypto, Fiat and OTC Trading According to Businesswire BHEX raised $15 million in its equity from top-tier institutions including Huobi and OKEx. It is scheduled to launch at the end…
Running your crypto project or ICO? Be prepared in advance that your startup may not only attract investors but also hunters for their money and data. According to the Ernst and Young report, which analyzed more than 370 tokens sales, every tenth dollar earned or invested in ICOs becomes prey to hackers. The authors also…
NAGA Group, one of the top players in the cryptocurrency industry, has made huge strides in becoming the sector’s go-to platform. With 7 unique working products, NAGA Group will introduce another six that will step up their game even more. The company has perfected the recipe to success in the fintech industry by creating a…
While the primary Binance platform has yet to support fully-fledged fiat capabilities (and may never will), official regional spinoffs, which have launched over the (arguably) ongoing crypto winter, accept deposits and withdrawals from and to financial institutions. The world-renowned startup is purportedly looking to capitalize on this success even further, hinting at plans to launch…
As much as crypto stakeholders bash Tron (TRX) for its questionable practices, marketing-centric policies, and its propensity to spark communal discourse, there is no doubt the blockchain project has done its utmost to stay afloat in this Bitcoin bear market. Whether it be releasing a Tron-based version of Tether’s USDT, running a controversial yet lavish…
Yesterday, October 31st, cryptocurrency Bitcoin (BTC) celebrated its tenth birthday. As part of the celebration, a company called Bizkey has decided to start a new campaign called “Token Day” in Singapore. Token Day is a campaign that is supposed to allow the public to get more familiar and better acquainted with cryptocurrencies according to reports.…
While the holiday spirit was in full swing over the past week, the crypto industry maintained its unrelenting drive for growth and adoption. The Litecoin Foundation divulged a sponsorship with the UFC, while Bitcoin’s Lightning Network continued to swell. However, it hasn’t been all sunshine and rainbows, as the Electrum Wallet came under attack, while…
SBI Remit, a Japanese money transfer company, is teaming up with a venture-backed firm to use its new treasury management service that uses the blockchain for increased transparency and liquidity to small and medium-sized businesses operating between Japan and Africa. SBI Remit and BitPesa The service is provided by BitPesa, which has raised $10 million to…