Schlagwort: crypto business

Veröffentlicht am

Crypto.com adds Google pay and Apple Pay support for its card users in Canada

In a tweet released by Crypto.com today, the cryptocurrency exchange company announced that it will be adding Google Pay and Apple Pay support for Crypto.com Visa Card users in Canada.

Crypto.com users in Canada who use the Crypto.com Visa Card will now be able to link their cards to Apple Pay and Google Pay. All that is required is for a user to add their Crypto.com Visa card details to his or her Apple Pay wallet or Google Pay. The service will also be available to iOS users who use Apple watches.

Although the services are currently limited to Canadian users only, the Crypto.com community are optimistic that the services will soon be available for users in other parts of the world as well.

Crypto.com has been on a wild expansion lately and it has acquired regulatory approvals in several countries with the latest being securing approval as a crypto asset business from UK’s FCA on August 17, 2022.

About Crypto.com

Crypto.com is a Singaporean-based cryptocurrency exchange company. Besides operating a crypto exchange platform, Crypto.com also has an official cryptocurrency known as Cronos (CRO).

Crypto.com currently have a customer base of over 50 million across the world and it offers a variety of products and cryptocurrency-based financial services that include the Crypto.com app, the Crypto.com Exchange, the Crypto.com DeFi wallet, and the Crypto.com NFT.

The Crypto.com app allows users to buy and sell cryptocurrencies while the Crypto.com Exchange is designed for institutional traders. The Crypto.com DeFi wallet is a non-custodial wallet that allows users to hold and stake crypto assets.

The Crypto.com NFT is an NFT marketplace that allows users to collect and trade NFTs.

The post Crypto.com adds Google pay and Apple Pay support for its card users in Canada appeared first on CoinJournal.

Veröffentlicht am

Nasdaq focused on crypto custody services but no plans for crypto platform yet

In September, the world’s second-largest stock exchange Nasdaq announced that it will offer custody services for Bitcoin (BTC) and Ether (ETH) to institutional investors. Nasdaq hired Ira Auerbach, a former Gemini employee, to head the new Nasdaq Digital Assets unit.

The main reason the new Nasdaq Digital Assets Unit was targeted toward institutional investors is the remarkable growth in crypto adoption among this class of investors in the past few years. While investing in cryptocurrencies is one thing, safeguarding the accumulated crypto holdings is another and company-owned crypto funds require special handling thus the need for custodial services.

While many crypto exchanges already offer crypto custody services for institutional investors, many believe the institutional investors’ space is largely neglected and Nasdaq is not late for the party.

No plans for a Nasdaq crypto platform yet

Despite Nasdaq jumping into the crypto space with the crypto custody services, the company’s executive vice president and head of North American markets, Tal Cohen, said that the company shall wait for further clarity in crypto regulations and global crypto adoption before it decides on whether to launch a crypto platform.

Speaking to Bloomberg TV, Cohen said:

“Those are discussions we are happy to have. But right now, on the retail side, the market is fairly saturated. There’s a number of exchanges servicing the retail customer base.”

Nasdaq instead plans to stick to its crypto custody services citing massive demand and opportunity from customers.

Cohen said:

“We think if you can safe-keep peoples’ assets, they’ll trust you to do everything else afterwards.”

Cohen also said that besides the custody services, the stock exchange was working on facilitating the transfer of digital assets.

The post Nasdaq focused on crypto custody services but no plans for crypto platform yet appeared first on CoinJournal.

Veröffentlicht am

Is Helium on track for its biggest daily gain this month after rallying by more than 7% today?

HNT is on track for its biggest gain this month as Helium is outperforming the other coins in the top 100.

HNT, the native token of the Helium network, is the best performer amongst the top 100 cryptocurrencies by market cap today. It has added more than 7% to its value so far on Wednesday and could be on track for its biggest daily gain so far in October.

The positive performance comes as the broader crypto market continues its positive start to the week. The total crypto market cap crossed the $950 billion mark after adding less than 1% to its value in the last 24 hours.

Bitcoin, the world’s number one cryptocurrency, is trading above the $20k level for the first time this month after adding 1% to its value in the last few hours.

Ether, the second-largest cryptocurrency by market cap, is, however, down by less than 1% but continues to trade above the $1,300 resistance level.

There is no immediate catalyst behind HNT’s ongoing positive performance. However, if it maintains it, HNT could surge by more than 10% before the end of the day.

Key levels to watch

The HNT/USD 4-hour chart has turned bullish as Helium has been performing well over the last 24 hours. The technical indicators show that Helium is outperforming the broader crypto market.

HNT/USD Chart By TradingView

The 14-day relative strength index of 63 shows that HNT could soon enter the overbought region if the bulls continue to control the market.

The MACD line crossed into the positive territory yesterday, indicating that HNT has overcome its recent bearish trend. 

At press time, HNT is trading at $5.384 per coin. If the bullish trend continues, HNT could move past the first major resistance level at $6.691 before the end of the day.

However, it would need the support of the broader crypto market to target the $8.5 resistance level for the first time since August. 

Where to buy now

Binance

Binance is one of the largest cryptocurrency exchanges in the world. It is better suited to more experienced investors and it offers a large number of cryptocurrencies to choose from, at over 600. Binance is also known for having low trading fees and a multiple of trading options that its users can benefit from, such as; peer-to-peer trading, margin trading and spot trading.

Buy HNT with Binance today

Vindax

VinDAX Exchange has been live for cryptocurrency trading for global users since March 2019. VinDAX focuses on providing exchange services for digital cryptocurrency transcations with high security level, excellent efficiency and well-optmized trading fee.

Buy HNT with Vindax today

The post Is Helium on track for its biggest daily gain this month after rallying by more than 7% today? appeared first on CoinJournal.

Veröffentlicht am

Anchorage announces five new partnerships in a move to expand its presence in Asia

Institutional crypto platform Anchorage Digital is expanding its presence in Asia after announcing five key partnerships. 

Institutional crypto platform Anchorage Digital announced that it has partnered with five new Asia-based institutions. This latest development comes as the company makes a push into Asia. 

Anchorage Digital has partnered with cryptocurrency exchange Bitkub, asset management firm Dream Trade, blockchain investment firm FBG Capital, venture firm IOSG Ventures and digital assets financial services provider Antalpha, 

This isn’t the first time Anchorage Digital is partnering with crypto firms in Asia. The company had previously partnered with internet infrastructure provider GMO-Z.com Trust Company in the region. 

Anchorage Digital has been around since 2017 and was the first crypto bank to receive a federal charter in the United States. 

According to the company, many clients in Asia chose Anchorage because of its strong regulatory status in the United States.

Will Chiu, Antalpha’s chief investment officer, in a statement, commented that;

“We appreciate Anchorage’s attention to regulatory compliance and vetting of the digital assets they support. Through their combination of crypto-native fluency and understanding of traditional finance needs, they continue to support us in expanding the adoption of digital assets.” 

This latest development doesn’t come as a surprise, as institutional investors have been doubling down on the crypto space over the past few years. 

Anchorage provides financial institutions with integrated financial services and infrastructure solutions, including custody, staking and trading services.  

Earlier this year, Anchorage Digital received a consent order from the Office of the Comptroller of the Currency (OCC) after failing to implement the Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) requirements

The cryptocurrency startup recently raised $350 million in a Series D funding round. The funding round was led by investment firm KKR and joined by a host of other investors, including Goldman Sachs, Thoma Bravo, Alameda Research and Blockchain Capital. 

Diogo Mónica, Anchorage’s co-founder and president commented that;

“We work with institutions and what we see is that institutions have very long-term horizons, they are not stopping these partnerships.” 

Anchorage recently announced its partnership with Aptos, a layer-1 blockchain. Regarding this partnership, Mónica said;

“By partnering with Aptos, we’re actually helping make sure that the next generation of layer 1 blockchains are taking these proper [security] considerations, and that will only spur future growth in the industry,” 

Institutional investors have been gaining exposure to the major cryptocurrencies, including Bitcoin and Ethereum, in recent years. 

The post Anchorage announces five new partnerships in a move to expand its presence in Asia appeared first on CoinJournal.

Veröffentlicht am

AllStars Digital partners Aurora Labs to expand sports-based crypto trading

  • AllStars Digital is looking to leverage Aurora Labs’ blockchain technology solutions to revolutionise crypto trading of assets based on real-life performances of sports stars, including in football, cricket, basketball and e-sports.

AllStars Digital (ASD), a digital sports exchange for the tokenisation of sports-based alternative assets, wants to accelerate adoption of sports-based crypto trading.

To achieve this, the platform has struck a partnership with blockchain technology solutions provider Aurora Labs, a deal poised to bring millions into crypto trading based on real-life sports stars across global sports ecosystems.

Redefining sports-based crypto trading

Aurora Labs’ technology will help AllStars Digital launch new player-based digital asset offerings and expand the exchange’s trading on sports performance.

The deal will also help the digital assets provider offer more people around the globe access to a wide range of real-time sports-based tradable products, the firm said in a press release shared with CoinJournal on Tuesday.

Marc Aspinall, the COO of AllStars Digital, commented:

“We’re excited to partner with Aurora Labs and look forward to how this new partnership will help us reimagine what’s possible in the sports-based digital asset space. Traditional sports betting focuses on binary outcomes where participants win or lose depending on specific declarations – a major disconnect for sophisticated sports fans and digital communities that prefer taking a holistic position on assets with relatable value.”

AllStars hopes to tap into Aurora Labs’ blockchain-focused solutions to redefine crypto trading in the sports ecosystem, with a focus on revolutionising the space via real-life performances of sports stars.

“We will provide the exchange for trading on sports performance; real-time tradable products that are based on definitive sports data. We’re starting with the world’s biggest football and cricket stars and have plans to add basketball and e-sports in the roadmap. After that, we’ll let the community decide,” Aspinall added in a statement.

Other benefits include multi-chain integration

Key developments set to come out of the partnership, and which could be critical to ASD’s future growth include launch of an AllStars Chain, integration of a dApps distribution system, support for multiple developer languages, and advanced security.

Other benefits will be superior processing power, an upgradable blockchain, and interoperability with multiple consensus mechanisms.

Meanwhile, Aurora Labs’ decentralised application (dApp) platform Aurora Chain will leverage the partnership to expand its services into crypto sports staking.

The partnership between the two platforms was facilitated by blockchain consultancy and advisory solutions provider GDA Capital. The company offers advanced solutions designed to help innovative startups bridge the gap between blockchain and traditional finance.

The post AllStars Digital partners Aurora Labs to expand sports-based crypto trading appeared first on CoinJournal.