June 16, 2021 @ 9:19 pm By Tony Zerucha  |  

A real estate settlement services company has run afoul of the Securities and Exchange Commission (SEC) for not properly acting on security vulnerabilities when first aware of them. On June 15 the SEC said they have settled charges against First American Corporation for disclosure controls… Read More

June 16, 2021 @ 9:15 pm By Tony Zerucha  |  

Yieldly, a DeFi platform built atop the Algorand blockchain, today unveiled Yieldly Bridges a mechanism tying the Algorand ecosystem and major chains, including Ethereum, Polkadot, and Binance. The move brings Yieldly Bridges to an estimated 600,000 Ethereum users As denoted by their name, technologies like… Read More

June 16, 2021 @ 8:53 pm By Tony Zerucha  |  

Beginning today Coinbase Pro is accepting inbound transfers of DOT, the native governance and staking token of the Polkadot Protocol. DOT is not yet available on coinbase.com or its consumer mobile apps. The Polkadot protocol facilitates cross-chain transfers of any type of data or asset,… Read More

June 16, 2021 @ 8:22 pm By Tony Zerucha  |  

Revenue from blockchain-based platforms and services is expected to grow 50-fold over the next decade, according to data and analytics firm GlobalData. That will take it from $4 billion in 2020 to $199 billion in 2030, they predict. While businesses have been warned of the… Read More

June 16, 2021 @ 4:16 pm By Tony Zerucha  |  

Social commerce platform WOM Protocol today launched YAAAS, an NFT marketplace connecting social influencers and music artists with each other and their communities, through the sale of experiences, collaborations, and in-person greetings. Today’s phased rollout will allow the community to test features and provide feedback,… Read More

June 16, 2021 @ 2:58 pm By Tony Zerucha  |  

Pet services platform Wag! is now accepting cryptocurrencies including Dogecoin through BitPay. Customers can use cryptocurrency to purchase Wag! Credits, which can be redeemed for various services. The company has also partnered with Greater Good Charities to donate a portion of the proceeds from each… Read More

June 16, 2021 @ 2:54 pm By Tony Zerucha  |  

  State-chartered banks in Texas can provide virtual currency custody services if they have the proper safeguards in place, the Texas Department of Banking (TBD) said. Participating banks must have strong risk management protocols while also complying with applicable law An important aspect of the… Read More

June 15, 2021 @ 9:47 pm By Tony Zerucha  |  

While the cryptocurrency markets have been in a bit of a swoon of late, that hasn’t stopped listed companies from gobbling up digital currency, says a European digital assets investment manager. The data from Nickel Digital Asset Management shows 19 listed companies with a combined… Read More

June 15, 2021 @ 8:44 pm By Tony Zerucha  |  

An infamous cyber extortionist is back and is looking for your unprotected assets. The warning comes from cybersecurity and application delivery solutions provider Radware. This week they published a cybersecurity alert warning that Fancy Lazarus, a distributed denial of service (DDoS) extortionist, has returned with… Read More

June 15, 2021 @ 8:31 pm By Tony Zerucha  |  

Elevated Returns‘ portfolio company XSpring Capital formerly known as Seamico Securities, has secured fundraising of $225 million USD through a partnership with Sansiri, Viryah Insurance, and local private investor Mongkol Prakitchaiwattana. Xspring Capital says it will use the funds to build its fully integrated financial… Read More

June 15, 2021 @ 6:04 pm By Tony Zerucha  |  

Bitwise CEO Hunter Horsley today announced an important achievement for his crypto index fund, one that has it more than halfway to a billion-dollar valuation. In a blog post today Horsley said Bitwise has completed a $70 million Series B which values it at more… Read More

June 15, 2021 @ 3:38 pm By Tony Zerucha  |  

The recent turbulence in cryptocurrency markets has not left the majority of investors dismayed, new data from Voyager Digital suggests. Voyager anonymously surveyed 3,671 people in late May who were described as “highly active traders”, meaning they completed at least 50 trades over the previous… Read More

June 15, 2021 @ 1:58 pm By Tony Zerucha  |  

The Government Blockchain Association (GBA) has scheduled its first event in Ireland for 2 p.m. local time (8 a.m. eastern) on June 24. The topics of blockchain and identity will be discussed on Zoom. The GBA is an international nonprofit association focused on promoting blockchain… Read More

June 14, 2021 @ 8:30 am By Tony Zerucha  |  

With most areas of finance exploring tokenization, it was only a matter of time before somebody applied it to the courts. Swiss litigation finance fund Liti Capital is expected to soon launch the LITI token, as an asset-backed equity token. That backing comes from ongoing… Read More

June 11, 2021 @ 7:13 pm By Tony Zerucha  |  

Staking pool protocol provider Moonstake has entered a partnership with Uzbekistan government-approved cryptocurrency exchange UzNEX. It is the latest blockchain-based agreement coming out of Eastern Europe, an area gaining a solid foothold in this new economy. The new partners will work together on developing blockchain-focused… Read More

June 11, 2021 @ 7:00 pm By Tony Zerucha  |  

Big changes will continue to hit business travel, a report from GlobalData suggests. Over the past 18 months, international business travel plummeted 75 per cent, with domestic travel down 56 per cent. The lost billions in revenue, combined with changing attitudes on the necessity of… Read More

June 11, 2021 @ 3:09 pm By Tony Zerucha  |  

Results unveiled this week by ESET Research have shed light on a previously secretive cyber-espionage group targeting select entities throughout East Asia and the Middle East. For the past year, ESET Research has studied multiple attacks it now attributes to the group Gelsemium and has… Read More

June 11, 2021 @ 1:06 pm By Tony Zerucha  |  

This year’s UEFA EURO extravaganza will have a distinct blockchain influence for the first time. Ant Group’s blockchain arm AntChain has signed a five-year agreement with the football body which will see it become the official blockchain partner of UEFA EURO 2020 and UEFA national… Read More

June 9, 2021 @ 11:32 pm By Tony Zerucha  |  

European wealth management fintech Raisin has crossed one billion euros in assets under management, largely on the strength of its growing business in Germany. Over the past six months, German investments have surged by 35 percent as investors access Raisin’s ETF investment products, an area… Read More

June 9, 2021 @ 7:30 pm By Tony Zerucha  |  

While people like free stuff, what they like better is easy money, and the traditional IPO process is essentially that for a privileged few, venture capitalist Bill Gurley said in a recent blog post. Gurley makes a compelling argument for direct listings over IPOs in… Read More