VersaBank Partners with Stablecorp to develop VersaBank digital currency VCAD.
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Digital Assets News
What is a Digital Asset?
A Digital asset is a non-tangible asset that is created, traded, and stored in a digital format. In the context of blockchain, digital assets include cryptocurrency and crypto tokens.
Cryptocurrency and tokens are unique subclasses of digital assets that utilize cryptography, an advanced encryption technique that assures the authenticity of crypto assets by eradicating the possibility of counterfeiting or double-spending.
The key differentiation between the two classes of digital asset is that cryptocurrencies are the native asset of a blockchain — like BTC or ETH — whereas tokens are created as part of a platform that is built on an existing blockchain, like the many ERC-20 tokens that make up the Ethereum ecosystem.
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United States, Feb 25, 2021 /AlexaBlockchain/ – MicroStrategy said it will continue buying Bitcoin using “excess cash” and may issue more debt to finance the purchases. Shares of MicroStrategy jumped…
United Kingdom, Feb 24, 2021 /AlexaBlockchain/ – CoinShares, Europe’s largest digital asset manager with $4 billion in AUM, will launch a new physically backed Exchange Traded Ethereum Product, CoinShares Physical Ethereum…
United States, Feb 24, 2021 /AlexaBlockchain/ – Bitwise Asset Management, a provider of crypto index funds, achieved another major milestone on Tuesday, as total assets under management (AUM) for its…
Mrs. Lei is based in New York and holds a B.S. in Economics and Management from the Massachusetts Institute of Technology, and an MBA from Harvard Business School.
United States, Feb 17, 2021 /AlexaBlockchain/ – Bitcoin boom does not seem to be stopping soon with the world’s no. 1 crypto surging above the $52,000 level on Wednesday for…
Crypto exchanges are now experiencing record increase in user signups after the recent surge in Bitcoin price.
BRD’s 7 million users can stake tez (XTZ), the native currency of the Tezos blockchain, earning staking rewards while securing cryptocurrencies in their BRD wallets
Deutsche Bank has completed its proof of concept for its digital asset custody platform and is aiming for a minimum viable product (MVP) in 2021 while exploring global client interest for a pilot initiative.
Bitcoin has become more acceptable with a strong positive Wall Street’s attention, driving it to a year-to-date gain of over 60%.