The institution will explore various technologies that underpin digital asset markets as it looks to enter the crypto world. Source
Tag: Platform
Santander bank trials blockchain platform for used cars in Brazil
Major global bank Santander continues exploring the benefits of blockchain technology, with a local branch implementing blockchain for vehicle trading and car registration. Santander Brasil has launched testing of a blockchain-based tokenization platform for transferring ownership of used cars in Brazil, Cointelegraph Brasil reported on Oct. 19. The platform is designed to automate the process of transferring property registration by deploying smart contracts based on a delivery versus payment (DVP), a settlement method guaranteeing the ownership transfer after successful payment. Santander’s latest vehicle registration solution is developed in partnership with…
Crypto platform Freeway halts services citing ‘unprecedented volatility’
Crypto platform Freeway has halted some of its services, citing “unprecedented volatility” in the foreign exchange and cryptocurrency markets in “recent times.” In an Oct. 23 post, the platform announced they are halting buys, deposits and will “not be buying Supercharger simulations until our new strategies are implemented.” According to the Freeway website, their “Superchargers” product can offer up to 43% annual yield rewards. Users can deposit fiat currencies and crypto, which are placed in regulated brokerage accounts which are leveraged for returns. A centralized platform, Freeway advertises itself as…
Crypto Staking Platform Freeway Halts Withdrawals, Citing Market Volatility
Small cap platform that promised users up to 43% in annual awards puts the brakes on withdrawals and scrubs team from site. Source
BTC Mining Investment Platform Declared Pyramid Scheme by South African Consumer Watchdog – Regulation Bitcoin News
According to the National Consumer Commission, about 4,000 South Africans who invested in a bitcoin mining equipment supplier, Obelisk, may have participated in a pyramid scheme. The commission said participants in the pyramid scheme may have lost as much as over $6 million. Obelisk Used Social Media Platforms to Lure Victims A South African consumer watchdog, the National Consumer Commission (NCC) recently announced that Obelisk — a purported bitcoin mining equipment supplier — is in fact a pyramid scheme which has swindled millions of dollars from unsuspecting investors. The watchdog…
Mastercard and Paxos help banks offer crypto, Jack Dorsey details new social platform and Tesla hodls BTC: Hodler’s Digest, Oct. 16-22
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Mastercard taps Paxos to launch crypto trading for banks Banks will soon be equipped to offer clients crypto trading and custody thanks to a new program called “Crypto Source” from Mastercard and Paxos Trust Company. As part of the program, Mastercard will cover some of…
Fidelity’s Crypto Platform Prepares to Start Offering Ethereum Trading Next Week – Exchanges Bitcoin News
Fidelity Digital Assets, a subsidiary of Fidelity Investments, has informed customers that it will start offering ethereum trading and custody services on Oct. 28. “Investors will be able to buy, sell, and transfer ether, accessing the same operational excellence, robust security, and dedicated client service model provided for bitcoin investments today,” the firm said. Institutional Ethereum Capabilities Coming to Fidelity Digital Assets Platform Fidelity Digital Assets has sent an email to customers announcing that it will be offering ethereum custody and trading services this month. “With the Ethereum Merge completed,…
FitR (FMT) Announces the List on Cryptocurrency Trading Platform MEXC
Place/Date: – October 21st, 2022 at 3:54 pm UTC · 2 min read Source: MEXC Exchange MEXC Global will list FitR soon, users are able to trade its native token FMT (FMT/USDT). According to public information, MEXC is one of the world’s Top 10 cryptocurrency trading platforms. The core products include spot trading, leveraged ETF, futures, NFT Index, etc. MEXC supports more than 1,500 cryptocurrency transactions and ranks first in terms of liquidity for Top 50 cryptocurrencies. FitR /Fit-er/ is a decentralized social fitness platform with rich Gamification and unique…
a Knowledge Community DAO Platform for Professionals – Press release Bitcoin News
press release PRESS RELEASE. DemandCircle is delighted to announce the official launch of Eunoia, Web 3.0’s very own decentralized business knowledge platform. With the goal of bringing industry professionals together in expertise-centric communities, Eunoia incentivises meaningful participation with rewards in the platform’s native token. Eunoia’s end goal is to become a DAO (decentralized autonomous organization) whereby the community members can guide the evolution of the platform towards a native web3.0 knowledge sharing community for business professionals. Web 3.0 and the Eunoia’s Vision Inclusion, open participation, and permissionless development form the…
DeFi Options Platform Opyn’s ‘Crab Strategy’ Generates 14% Return in Comatose Ether Market
The “Crab” strategy, designed by leading DeFi options platform Opyn, is built to make money during bouts of low ether (ETH) price volatility. It has earned 14% returns in U.S. dollar terms and 42% in ether terms since its v2 went live in late July. Ether has dropped 20% since the end of July, however, the cryptocurrency has primarily traded between $1,100 to $1,300 in the past four weeks. Source