June 22, 2021 @ 11:33 pm By Tony Zerucha  |  

This time Facebook (NASDAQ:FB) believes its added QR code functionality finally hits the mark. After earlier attempts at testing the technology, Facebook has added QR code functionality on Messenger, a move analysts see as a direct charge at Venmo and Zelle. What is different this… Read More

June 22, 2021 @ 11:14 pm By Tony Zerucha  |  

Cross River Bank seeks to extend its reach as a provider of fintech services through its new venture capital firm. Cross River Digital Ventures looks for companies which blend lending, payments, investing and fintech and which can bring further value to Cross River, “Cross River… Read More

June 22, 2021 @ 11:11 pm By Tony Zerucha  |  

The Wanchain Foundation has fully integrated Litecoin into its cross-chain infrastructure. It joins Bitcoin, Ethereum, Wanchain, EOSIO, Binance Smart Chain, and XRP Ledger. Wanchain enables truly decentralized cross-chain transactions between isolated heterogeneous blockchain networks. The Litecoin addition allows LTC to be traded cross-chain and used… Read More

June 22, 2021 @ 10:46 pm By Tony Zerucha  |  

While Sotheby’s recent decision to accept cryptocurrency as payment for a rare diamond may seem like an inevitable progression to some, it also comes with risk, an executive from European cryptocurrency platform Nebeus said. COO and head of product Michael Stroev said the move has… Read More

June 22, 2021 @ 8:33 pm By Tony Zerucha  |  

Universal Fire & Casualty Insurance Company (UFCIC) now accepts cryptocurrency for premium payments, the company said today. UFCIC provides traditional property and casualty lines of business, including commercial property, general liability, inland marine, business owners’ policies (BOP), and commercial surety, and provides small business insurance. … Read More

June 22, 2021 @ 8:06 pm By Tony Zerucha  |  

Mobile DeFi app Donut has raised another $2 million from a group led by Redalpine. Owners of the Washington Nationals, Inventures, Entrepreneur First and Compound founder Robert Leshner also participated, with the funds allotted for user growth and product development. Donut’s total funding now sits… Read More

June 22, 2021 @ 4:48 pm By Tony Zerucha  |  

The Securities and Exchange Commission has settled charges against a software provider and its CEO for misleading investors about an unregistered offer and sale of digital asset securities. Loci, Inc. and its CEO John Wise allegedly violated the antifraud provisions of Section 10(b) of the… Read More

June 22, 2021 @ 4:18 pm By Tony Zerucha  |  

Metahero’s new 3D scanning solution for personalized avatars and virtual items provides an entry into a market currently worth $50 billion and growing That technology is blended with NFT smart contracts to create unique, ultra-HD avatars and meta-objects which can exist forever on the blockchain…. Read More

June 22, 2021 @ 1:38 pm By Tony Zerucha  |  

The Canadian e-commerce market grew by 75 percent in 2020, the second-fastest rate in the world, data from eMarketer shows. The stat is one of several describing robust growth for Canadian e-commerce, which for the first time in 2020 made up more than 10 percent… Read More

June 22, 2021 @ 1:35 pm By Tony Zerucha  |  

Buy now pay later (BNPL) startup Klarna’s second raise of 2021 has it valued at close to 50 percent above its post-raise valuation in March. It now sits at $45.6 billion. The latest raise brought in another $639 million and was led by SoftBank’s Vision… Read More

June 17, 2021 @ 11:39 pm By Tony Zerucha  |  

Goobit Group and Xpecunia Nordic are collaborating on “green” cryptocurrency. The deal gives Goobit exclusivity to sell Xpecunia Nordic-produced crypto across the Nordic countries. Those coins are produced with green energy like solar and will be available on Goobit’s BTCX exchange. “BTCX is Sweden’s oldest… Read More

June 17, 2021 @ 9:46 pm By Tony Zerucha  |  

Persistence, has opened its testnet to the public. It allows anyone to test pSTAKE’s liquid staking services, with test tokens initially available to users in the public alpha. They have also started its bug bounty program, an incentivized program of testing where participants will be… Read More

June 17, 2021 @ 7:32 pm By Tony Zerucha  |  

One in seven Canadian adults own cryptocurrency, new data from finance website Finder reveals. That equates to roughly 4.2 million people. On a list of 26 countries, Canada ranks 19th, well ahead of the USA (nine per cent) and the UK (eight per cent). They… Read More

June 17, 2021 @ 7:10 pm By Tony Zerucha  |  

Trading data from blockchain-based derivatives platform CloseCross suggests the majority of ETH investors expect its price to stay stable or increase, an analysis released today shows. In mid-June, roughly 80 percent of ETH and BTC trades on CloseCross were based on them gaining price from… Read More

June 17, 2021 @ 6:31 pm By Tony Zerucha  |  

Draper Goren Holm has invested in cryptocurrency exchange H2cryptO. “We’re so excited to welcome H2cryptO into our family as George and his team have a proven track record of understanding the sector on an intimate level, making them well-positioned to become an industry leader,” said… Read More

June 17, 2021 @ 6:11 pm By Tony Zerucha  |  

Digital assets infrastructure provider Fireblocks has integrated Crypto.com into the Fireblocks Network, a digital asset transfer network for institutions. This integration will allow Crypto.com to expand its reach to more than 400 institutional participants through the Fireblocks Network. “Being on board the Fireblocks Network will allow… Read More

June 17, 2021 @ 6:07 pm By Tony Zerucha  |  

The Securities and Exchange Commission (SEC) has obtained an asset freeze and other emergency relief, and filed fraud charges, against Ramiro Jose Sugranes, UCB Financial Advisers Inc., and UCB Financial Services Limited for their involvement in an alleged “cherry-picking” scheme. According to the SEC, Sugranes,… Read More

June 17, 2021 @ 3:48 pm By Tony Zerucha  |  

Iron Finance was left to explain itself today after a “bank run” left its TITAN token worthless, leaving investors including Mark Cuban to wonder what happened. Cuban was a liquidity provider in decentralized exchange QuickSwap. He announced his participation just four days ago but has… Read More

June 17, 2021 @ 3:18 pm By Tony Zerucha  |  

Blockchain intelligence firm TRM Labs has closed a $14 Million Series A funding round led by Bessemer. Additional participants include from PayPal Ventures, Initialized Capital, Jump Capital, Salesforce Ventures, Operator Partners, Blockchain Capital, and executives from Google. Existing investors who re-upped are Y Combinator, Alumni… Read More

June 16, 2021 @ 11:47 pm By Tony Zerucha  |  

TrustSwap, a full-service digital asset ecosystem, this week acquired The Crypto App, a cryptocurrency mobile app featuring tracking services from more than 3,000 cryptocurrency assets and 100-plus exchanges. Since its debut in 2017, The Crypto App has close to two million downloads and more than… Read More