August 6, 2021 @ 5:07 pm By Tony Zerucha  |  

Payment hardware security module provider MYHSM by Utimaco has partnered with STS Payments, a payments acceptance software firm, to deliver a new payment solution. MYHSM offers payment hardware security modules (HSMs) as a service, providing an alternative to purchasing and managing HSMs on-premise. It includes… Read More

August 6, 2021 @ 3:12 pm By Tony Zerucha  |  

The new Avalanche Bridge provides a better user experience than its predecessor, its creator believes. It replaces the Avalanche-Ethereum Bridge that launched in February The Avalanche Bridge is estimated to be five times cheaper than the Avalanche-Ethereum Bridge. It was built using Intel SGX Enclave… Read More

August 6, 2021 @ 2:41 pm By Tony Zerucha  |  

Digital asset trading platform BitMart has integrated with the NEAR Protocol. The move will  provide opportunities for developers to more easily build applications and grow the overall blockchain ecosystem. NEAR, the native token from NEAR Protocol, listed on BitMart July 22 Built atop a public… Read More

August 5, 2021 @ 7:55 pm By Tony Zerucha  |  

As cryptocurrency watchers let Securities and Exchange Commission (SEC) Chair Gary Gensler’s recent appearance before the United States Congress sink in, many are sharing the opinion that he could have done so much more. On Aug. 3, Gensler asked Congress for expanded resources and a… Read More

August 5, 2021 @ 6:35 pm By Tony Zerucha  |  

RelayChain is one of the companies seeking to add utility to decentralized finance (DeFi) by building bridges between separate and distinct blockchains. The company’s Bridging as a Service is a new decentralized technology that quickly and securely links liquidity across blockchains. It can be seamlessly… Read More

August 5, 2021 @ 5:42 pm By Tony Zerucha  |  

Accounts payable and payment automation solutions provider MineralTree’s sixth annual State of Accounts Payable (AP) report details some of the effects the COVID-19 pandemic has had on business. COVID-19, remote work mandates, and supply chain dependencies all helped accelerate the digitization of businesses, especially in… Read More

August 5, 2021 @ 4:24 pm By Tony Zerucha  |  

Digital asset cybersecurity company GK8 has partnered with Securrency, a Fintech and Regtech firm which tokenizes securities, equities, and commodities. GK8’s enterprise-grade end-to-end custodial solution will be available to Securrency’s clients as Securrency creates a global ecosystem built around a universal, interoperable compliance core. While institutions are… Read More

August 5, 2021 @ 3:36 pm By Tony Zerucha  |  

More than one billion payment cards are at risk of not being issued over the next 18 months due to a chip shortage, ABI Research reports. That total includes 347 million in 2021 and up to 740 million in 2022 “Although not necessarily getting the… Read More

August 5, 2021 @ 11:55 am By Tony Zerucha  |  

TrustToken, creators of TUSD, has raised a $12.5 million round of funding to scale TrueFi, its DeFi protocol for collateral-free loans which is powered by on-chain credit scores. The strategic funding round is led by Blocktower with participation from Andreessen Horowitz (a16z) and Alameda Research through the purchase of TRU, TrueFi’s native… Read More

August 4, 2021 @ 6:35 pm By Tony Zerucha  |  

A shift from BTC to ETH are among the findings from digital currency brokerage Genesis’ Q2 2021 Market Observations Report. Strong institutional growth continued throughout the quarter. Loan originations increased almost 700 per cent YoY to an all-time high of $25 billion in Q2 and were… Read More

August 4, 2021 @ 5:01 pm By Tony Zerucha  |  

The Securities and Exchange Commission (SEC) this week charged accounting firm Ernst & Young LLP (EY) along with one current and two former partners with improper professional conduct for violating auditor independence rules in connection with EY’s pursuit to serve as the independent auditor for… Read More

August 4, 2021 @ 4:50 pm By Tony Zerucha  |  

Blockswap’s Open Saver savings account allows eligible participants to benefit from holding green cryptocurrencies without needing advanced knowledge of the sector or even personal cryptocurrency holdings. It will also help users lessen their carbon footprint. Open Saver will offer a targeted return of seven per… Read More

August 4, 2021 @ 4:13 pm By Tony Zerucha  |  

AI-powered finance concierge Zeni has raised a $34 million Series B funding round led by Elevation Capital with participation from new investors Think Investments and Neeraj Arora. Existing investors Saama Capital, Amit Singhal, Sierra Ventures, Twin Ventures, Dragon Capital and Liquid 2 Ventures also participated… Read More

August 4, 2021 @ 3:57 pm By Tony Zerucha  |  

Technical adjustments to Ethereum’s blockchain are the culprit behind a one percent price drop of the popular cryptocurrency ETH today, reports suggest. The changes, known as Ethereum Improvement Proposal (EIP) 1559, would alter the way transactions are processed and will occur when the 12,965,000th block… Read More

August 4, 2021 @ 3:13 pm By Tony Zerucha  |  

Securities and Exchange Commission Chair Gary Gensler’s plan to be the new sheriff policing the Wild West of Crypto comes as no surprise to one industry watcher. Earlier this week Gensler announced that he plans on cracking down on cryptocurrency-related fraud and sought more assistance… Read More

August 4, 2021 @ 3:06 pm By Tony Zerucha  |  

GlobalData believes it has a good idea of who the next blockchain unicorns will be. The company used its Unicorn Prediction Model to produce a list of 25 startups with the potential to exceed a $1 billion valuation. GlobaData looked to its scorecard of 10,000… Read More

August 4, 2021 @ 10:26 am By Tony Zerucha  |  

Digital business card platform HiHello has confirmed a $7.5 million Series A round led by Foundry Group, with participation from Lux Capital and existing investor August Capital. Additional investors include HiHello cofounder and CEO Manu Kumar, the co-founders of Lyft, Everlaw, Auth0, Path/June, and Military.com,… Read More

August 3, 2021 @ 11:36 pm By Tony Zerucha  |  

Cryptocurrency wealth platform Vauld has completed a $25 million Series A round led by Valar Ventures, a VC firm cofounded by Peter Thiel. Pantera Capital, Coinbase Ventures, CMT Digital, Gumi Cryptos, Robert Leshner and Cadenza Capital also participated. The funding will be used to hire… Read More

August 3, 2021 @ 10:19 pm By Tony Zerucha  |  

Allied Properties REIT has launched a $500 million series of green bonds. They are being offered by Scotia Capital, BMO Nesbitt Burns and CIBC World Markets. The debentures are Allied’s second green bond issuance under its previously announced Green Financing Framework. “This second green bond… Read More

August 3, 2021 @ 10:15 pm By Tony Zerucha  |  

Digital identity verification services provider Socure has introduced three technologies as it further expands its KYC solution. Joining the mix are hyper-accurate address normalization, date of birth matching, and algorithmic name matching capabilities. They also launched a Social Security number (SSN) pre-fill capability and is now a… Read More