Blockchain 

Hybrid AI Firm Cindicator Launches Tracking App for 150 Digital Assets

Hybrid intelligence firm Cindicator launched Edge, a new web app for receiving and tracking indicators for over 150 digital assets. Estimating probability in the market According to a blog post on Sept. 11, the new product called Cindicator Edge targets holders of Cindicator (CND) tokens and is available on free demo basis. Cindicator Edge’s indicators intend to help in making trading decisions by estimating probabilities of various events across more than 100 crypto assets, stocks and futures, according to the announcement. In order to receive more indicators in real-time, users…

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Bitcoin 

VanEck’s New Bitcoin Trust Assets Total Just $41K in First Week

Investment management firm VanEck has issued just 4 bitcoins (BTC) via its new trust focused on institutional investors.  VanEck: one week, one Bitcoin basket Data from the company, spotted by economist and cryptocurrency commentator Alex Krüger on Sept. 10, showed that since its launch at the start of the month, VanEck SolidX Bitcoin Trust 144A Shares total net assets are only $41,400. The product, which caused a buzz after VanEck described it as being akin to an exchange-traded fund (ETF), caters strictly to so-called qualified institutional buyers, or QIBs. “VanEck…

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Ethereum 

A Different Look at Crypto Market and Top Assets, How Dominated Is It?

With Bitcoin regaining market dominance of over two-thirds of the entire combined cryptocurrency capitalization, discussions regarding market share of prominent altcoins have largely left the dominant cryptocurrency discourse. Here is a different outlook on the market and on how the top cryptocurrencies stack up with the rest. Market dominance flows from alts to BTC since 2018 Market dominance between the top cryptocurrencies by market capitalization has changed over the last year. As of Aug. 19, 2018, as seen in the chart below, the three largest coins comprised 71.95% of the combined…

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Blockchain 

SEC Requests Freeze on Assets in Connection With Alleged $15M ICO Fraud

The United States Securities and Exchange Commission (SEC) has filed a complaint against a New York-based man and two of his companies. The SEC alleges that these entities conducted a fraudulent and unregistered ICO from late 2017 to 2018, and is requesting that a U.S. District Court issue an emergency freeze on the defendants’ related assets.  Hindenburg Research shared the SEC’s filing for a jury trial in a post on Aug. 12. According to the document, the commission is formally filing a complaint against Reginald Middleton, the New York company…

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Bitcoin 

US Freezes Maduro Gov’t Assets as P2P Bitcoin Volume Soars in Venezuela

In a major escalation against socialist president Nicolás Maduro, Donald Trump’s administration has frozen all Venezuelan government assets.  The United States’ hawkish move has been reflected in a new all-time-high for peer-to-peer trading volume on LocalBitcoins in the country. Trump takes on the ‘usurper’ As the Associated Press (AP) reported on August 5, the U.S. administration’s action took immediate effect this Monday, with President Trump citing Maduro’s ongoing “usurpation” of power — as well as human rights abuses by his supporters — as the grounds for the decision. Even ahead…

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Bitcoin 

Coinbase Exploring Eight New Assets in Bid to Expand Market Access

Major crypto platform Coinbase announced today that it is exploring support for eight new digital assets. The expansion is part of a larger agenda by the exchange to give customers access to 90% of the aggregate market capitalization of all digital assets. Coinbase announced its plans in an official blog post on Aug. 5. As part of the announcement, Coinbase noted that they may roll out public-facing APIs and show other indications of engineering work during the exploratory phase. Per the announcement, the exchange is currently exploring support for Algorand…

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Blockchain 

Circle CEO to Testify Before Senate on Blockchain and Digital Assets

Circle co-founder and CEO Jeremy Allaire is scheduled to testify before congress tomorrow as a representative of The Blockchain Association — a business organization comprised of blockchain industry advocates.  Allaire will testify before the Senate Committee on Banking, Housing and Urban Affairs in an open session hearing called “Examining Regulatory Frameworks for Digital Currencies and Blockchain.” In his prepared testimony released on July 29, Allaire is prepared to discuss a number of relevant issues, including identity, privacy, data security, domestic and international approaches to regulation, as well as the potential…

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Ethereum 

Blockchain Platform Enables Trading of Digital Assets in Mobile Games

A blockchain mobile gaming platform says it allows players to get the “true ownership” of their digital assets and enables “secure trading” with other users.  Itam Games has created an ecosystem, which includes a store and exchange, in which users can trade their in-game digital assets — or nonfungible tokens (NFT) — such as achievements, leaderboards, items and accounts.  The users can try Itam’s system with its new blockchain-based role-playing game Dark Town. The players can pick up NFT during the gameplay, gain ownership of the collected assets as well…

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Ethereum 

Grayscale Investments Report Assets Under Management of $2.7B

Digital asset management fund Grayscale Investments has recorded an all-time high volume of assets under management of $2.7 billion. Per a Digital Asset Investment Report on Q2 2019 that Grayscale shared with Cointelegraph on July 16, the firm counted over $2.7 billion in assets under management as of July 15, 2019. The figure thus marks a near tripling of assets under management by the company since the preceding quarter. Grayscale’s overall performance in Q2 Grayscale stated in the report that total investments into its single-asset and diversified investment products in…

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Bitcoin 

Blockstream Enables Atomic Swaps for Liquid Sidechain Assets

Blockchain infrastructure firm Blockstream has launched a new tool that allows users to execute atomic swaps for all assets supported by the Liquid network, according to an announcement published on July 1. The Liquid Network is a federated sidechain on the bitcoin (BTC) blockchain that functions as a settlement and payments network for crypto exchanges, market makers, brokers, and other financial institutions.  In addition to its support for privacy features such as Confidential Transactions, the network aims to combat delayed transaction finality on the bitcoin (BTC) network and allow for…

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