Fidelity Digital Assets to Sign Up Its First Crypto Exchange by End of the Year

news Houbi, one of the world’s oldest cryptocurrency exchanges, has taken steps to reduce the supply of the token that powers its decentralized platform, Huobi Token (HT), in a quarterly burning event. According to a company statement, the exchange removed 14,011,700 amount of tokens from 310,318,300 market supply, at a rate that is 116 percent greater than it…

Aug 31, 2020 at 12:01 UTCThe Torus team in Singapore (Torus)Meet Torus, the One-Click Blockchain Wallet Trying to Make Web3 as Easy as ChromePeople may like the idea of blockchains and web 3.0, but they tend to hit an immediate obstacle in the form of private cryptographic keys and mnemonic seed phrases that cannot be…

Why Bitcoin Investors Aren’t Worried About This Price PullbackCritiques of correlation between bitcoin and equities miss the fact that bitcoin adoption within traditional markets has been driven by a fiat collapse concern. For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica,…

news Blockchain technology firm Bitfury is looking to reinforce its software unit with two executive-level hires. Announced today, Marina Khaustova, former chief marketing officer and co-founder of Element Capital Group, has joined Bitfury as the CEO of Crystal Blockchain, the company’s analytical tool for investigating public blockchain transactions. Meanwhile, Chris Dickson, previously at enterprise software vendor Panaya,…

Nov 2, 2020 at 14:18 UTCUpdated Nov 2, 2020 at 14:20 UTC(WDnet Creation/Shutterstock)Peer-to-peer digital asset marketplace Paxful is launching a crypto debit card.The Visa card enables users to convert cryptocurrencies to U.S. dollars at time of purchase and comes via partnership with cryptocurrency fintech platform BlockCard.Users will be able to make payments and withdraw funds…

Crypto is on the move. In the last several weeks alone, three exchanges including Binance, Bybit and OKX, have exited Canada altogether. Gemini announced it would dramatically boost headcount and operations in Singapore. And venture capital firm Andreessen Horowitz (a16z) has named its first non-U.S. outpost – in London.This is a fluid time for crypto…

markets View Bitcoin looks set to post the first monthly gain since June. The percentage rise, however, may be less than 10 percent as the daily chart is reporting signs of buyer exhaustion. A triangle breakdown on the hourly chart, if confirmed, could yield a pullback to support at $8,820. A high-volume contracting triangle breakout…

Aug 30, 2020 at 16:21 UTCUpdated Aug 30, 2020 at 16:22 UTCMaria Bustillos, founding editor of the digital magazine Popula, is also one of the founding members of Brick House, an umbrella of independent publishers operating under a collectivist business model.  An earlier supporter, and benefactor, of the now-defunct media startup Civil, Bustillos said she…

NEWS Bitcoin dropped below $5,000 for the first time in over 13 months on Monday. CoinDesk price data reveals the world’s largest cryptocurrency by market capitalization fell to $4,981 shortly after 16:30 UTC on Monday. That’s the lowest figure since Oct. 12, 2017, and as of press time, the price has recovered somewhat to $5,048 –…