Blockchain & Digital Assets

September 10, 2023 @ 5:38 pm By Omar Faridi  |  

Jett Tang, the executive producer of The Next Crypto Gem, a Reality TV series that premieres September 7, 2023, has shared key insights with Crowdfund Insider. Jett Tang claims that he is focused on moving Web3 towards mainstream adoption. That’s why he has launched this… Read More

September 10, 2023 @ 5:20 pm By Omar Faridi  |  

The team at VeChain is pleased to share an update about their newest strategic partner, Vyvo Smart Chain (VSC), as they join forces in pursuit of a common vision to promote better health outcomes and sustainable human development. Vyvo Smart Chain, backed by the VSC… Read More

September 10, 2023 @ 11:21 am By Michael Wong  |  

Tykhe Capital Group Limited (Tykhe) unveiled the PRINCE Token today, marking Hong Kong’s premier real estate fund security token offering (STO) accessible to professional investors. This initiative is the inaugural STO sanctioned under the Securities and Futures Commission (SFC) regulations. Enabled by Tykhe’s virtual asset… Read More

September 9, 2023 @ 4:32 pm By Omar Faridi  |  

Socket, an interoperability protocol that allows asset and data transfer across chains for decentralized applications (dapps), announced a $5 million strategic investment from Coinbase Ventures, the venture arm of one of the world’s largest crypto platforms, and Framework Ventures, a crypto-native venture capital firm known… Read More

September 9, 2023 @ 3:47 pm By Omar Faridi  |  

Concordium, the Layer 1 science-backed blockchain creating a safer digital world, has announced an integration with Aqualibre, a carbon offset project that offers high-quality carbon offsets for business and enterprise. Aqualibre will adopt Concordium’s Agora Impact Marketplace tooling, “an infrastructure for scaling safe and transparent… Read More

September 9, 2023 @ 3:28 pm By Omar Faridi  |  

As momentum for crypto builds around the world, Coinbase (NASDAQ:COIN) is executing on Phase II of their “Go Broad, Go Deep” strategy for international expansion. Coinbase says that it sees the following: 1) enactment of clear rules; 2) innovation of more efficient, more accessible products… Read More

September 9, 2023 @ 3:20 pm By Omar Faridi  |  

Faruk Fatih Özer, the former Chief Executive of collapsed Turkey-based cryptocurrency exchange Thodex, has reportedly been sentenced to 11,196 years in prison on Thursday (September 7, 2023). Stealing around $2 billion from his clients led to the CEO of one of Turkey’s biggest virtual currency… Read More

September 9, 2023 @ 3:17 pm By Omar Faridi  |  

Austin Federa, head of strategy at the Solana Foundation, recently noted that firms such as Visa (NYSE: V)  expanding their stablecoin capabilities via the Solana network enhances the perception of the crypto space, which has witnessed numerous scandals and lawsuits during the last few months…. Read More

September 8, 2023 @ 5:26 pm By JD Alois  |  

The Commodity Futures Trading Commission (CFTC) has ordered that Jacob Orvida, a Utah man, pay restitution and a penalty of $2.5 million for allegations of fraud in a leveraged Bitcoin ploy. According to the CFTC, Orvida solicited investors to join a commodity pool to trade… Read More

September 8, 2023 @ 4:43 pm By Omar Faridi  |  

TaxBit, the end-to-end modern tax and accounting solution for the digital economy, announced its AI-enabled rules engine “to empower businesses dealing with cryptocurrencies to streamline their accounting processes.” As the global cryptocurrency market surpasses a market capitalization of over $1 trillion, businesses “face mounting challenges… Read More

September 8, 2023 @ 4:31 pm By Omar Faridi  |  

HAYVN, a digital asset-focused financial institution delivering Payments, Trading, Custody, Asset Management and Research, announced a partnership with crypto hardware manufacturer, Ledger. The partnership will see HAYVN “provide safe and robust off-ramping rails to users of Ledger’s Ledger Live service.” Ledger Live allows users “to… Read More

September 8, 2023 @ 3:22 pm By Tony Zerucha  |  

Blockchain forensics firm CipherBlade this week announced a collaboration with MacNerd, a blockchain technology and software development company. The union will focus on bolstering crypto security and investigation services. CipherBlade said it has recovered millions of dollars in stolen cryptocurrency. The company looks forward to accessing MacNerd’s technical… Read More

September 8, 2023 @ 12:53 pm By JD Alois  |  

Ripple, creator of XRP, has announced the acquisition of Fortress Trust, a regulated entity that provides custody and other services in regard to digital assets. Terms of the acquisition were not disclosed. Ripple was an investor in Fortress during its seed funding round in 2022…. Read More

September 8, 2023 @ 11:43 am By Omar Faridi  |  

Uppsala Security, which claims to be a pioneer in providing top-tier security tools and services for Crypto Anti-Money Laundering/Counter-Terrorist Financing (AML/CTF), Transaction Risk Management, Regulatory Compliance, and Transaction Tracking, is pleased to announce the signing of an industry-academia joint MOU with Hoseo University’s Department of… Read More

September 8, 2023 @ 10:33 am By JD Alois  |  

In a speech delivered at the Annual Fintech Conference in Philadelphia, US Federal Reserve Vice Chair for Supervision Michael S. Barr spoke about the Fed’s role in supporting innovation. Barr noted that not that long ago, cash in trucks was the preferred method of moving… Read More

September 8, 2023 @ 10:04 am By JD Alois  |  

The US Commodity Futures Trading Commission (CFTC) announced charges targeting three DeFi, or decentralized finance, operations yesterday. These included Deridex, ZeroX, and Opyn. The CFTC alleges the offering of illegal derivatives trading. The CFTC charged Deridex and Opyn with failing to register as a swap… Read More

September 8, 2023 @ 8:41 am By JD Alois  |  

The Securities and Exchange Commission has settled charges against Linus Financial, Inc. for failing to register the offers and sales of its retail crypto lending product, the Linus Interest Accounts. The SEC decided against having Linus pay penalties as the company took “prompt remedial actions”… Read More

September 7, 2023 @ 8:30 pm By Omar Faridi  |  

evolutionQ, a quantum-cybersecurity company, is pleased to announce a contract to contribute to a Bank of Canada research project involving quantum-safe cybersecurity technologies for greenfield digital currencies. This work highlights the commitment of evolutionQ “to understanding the risk posed by quantum computers to emerging financial… Read More

September 7, 2023 @ 4:26 pm By JD Alois  |  

The House Financial Services Committee has announced a hearing on the digital dollar or Central Bank Digital Currency (CBDC), held by the Subcommittee on Digital Assets, Financial Technology (Fintech), and Inclusion. Scheduled to take place on Thursday, September 14 at 2PM ET, the hearing is… Read More

September 7, 2023 @ 3:48 pm By JD Alois  |  

Multiple reports have indicated that Ryan Salame, a former FTX executive, has pleaded guilty today in Federal Court for his activities surrounding the failure of FTX, which saw billions of dollars lost. Salame was at one point the co-CEO of the FTX subsidiary that operated… Read More