DAEM Technology Launches ixWallet and the First Bitcoin Red Packet

DAEM Technology Limited (DAEM Technology), a wholly owned subsidiary of ixFintech Group, announced its new product, the ixWallet. ixWallet is a truly distributed ledger wallet, meaning that all the user savings are on the blockchain. It allows users to send/ receive digital assets, as well as to review the ixCrypto Index. The wallet application is now available on both AppStore (for iOS) and Google Play (for Android). To facilitate the download and use of the...

Nexo Introduces In-app Cryptocurrency Exchange Service

Nexo, the leading regulated financial institution for digital assets with over $4 billion in assets under management, today announced the launch of its in-app Nexo Exchange. With this proprietary swap solution, Nexo further diversifies its offering, edging closer to providing a full retail banking suite. The Nexo Exchange allows immediate, no-limits conversion between more than 75 crypto and fiat currency pairs directly within the Nexo mobile application, guaranteeing best-price swaps thanks to its ‘Smart Routing’...

MVIS CryptoCompare Institutional Bitcoin Index Licensed

Today, MV Index Solutions GmbH (MVIS®) in partnership with CryptoCompare, the global leader in digital asset data, announced the licensing of the MVIS CryptoCompare Institutional Bitcoin Index (MVIBTC) to Ninepoint Partners LP (Ninepoint Partners) for the use in a fund. The fund’s investment objectives are to seek to provide its unitholders with exposure to the digital currency Bitcoin through an institutional-quality, cost-efficient platform, and to provide a secure, simpler and exchange-traded investment alternative for buying and holding Bitcoin. “We are pleased to...

OKEx expands P2P trading service to support additional currencies

OKEx (www.okex.com), a world-leading cryptocurrency spot and derivatives exchange, is pleased to announce the expansion of its P2P trading service to support additional currencies and payment methods. From 4:00 am UTC on Jan. 27, users will be able to buy and sell 15 different cryptocurrencies with zero transaction fees using their preferred local currency — with 11 additional options, including the Russian ruble (RUB), Argentine peso (ARS) and Thai baht (THB). The OKEx P2P platform already caters to users transacting in...

Mitsubishi Electric and Tokyo Tech Develop Blockchain Technology

Mitsubishi Electric Corporation (TOKYO: 6503) and Tokyo Institute of Technology (Tokyo Tech) announced today their joint development of an original blockchain technology that can optimize peer-to-peer (P2P) energy trading. The technology is expected to contribute to more effective use of surplus electricity from renewable energy by creating trading environments that flexibly respond to shared trading needs, particularly to maximize the amount of surplus electricity available in the market at any given time. Beginning in April, the P2P energy trading...

Gemini to Offer Credit Card with Crypto Rewards

Gemini, a crypto exchange and custodian, today announced that it will launch the Gemini Credit Card, a credit card with cryptocurrency rewards. This effort has been accelerated by the acquisition of Blockrize, a fintech startup that has been building a credit card with cryptocurrency rewards. In preparation for launch later this year, Gemini has opened the Gemini Credit Card waitlist — providing Gemini customers, and those already on the Blockrize waitlist, with early access. By combining...

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