Blockchain & Digital Assets

January 2, 2023 @ 1:01 pm By Omar Faridi  |  

With FTX’s former CEO now looking at the possibility of life in prison, the past six months of the ongoing crypto crisis “have left the popularity of digital currency at a new low,” according to an update shared with CI. However, professional exchange CryptoKG is… Read More

January 2, 2023 @ 8:49 am By Omar Faridi  |  

In 2022, several notable federal indictments, sentences, and seizures related to cryptocurrency were “made public in the United States,” the CertiK team noted. To understand the extent and nature of government activity in Web3, CertiK has conducted research and analysis “on the state of federal… Read More

January 2, 2023 @ 8:40 am By Omar Faridi  |  

Circle has submitted comments to the Financial Stability Board’s (FSB) proposed framework for the international regulation of crypto-asset activities and the regulation and supervision of “Global Stablecoin” Arrangements. Circle appreciates the critical role that the FSB plays in “promoting international financial stability, particularly in developing… Read More

January 1, 2023 @ 6:42 pm By Omar Faridi  |  

The team at Binance is pleased to announce that Binance-Peg BUSD is now “available on TRON.” Along with the BUSD issued by Paxos on the Ethereum blockchain, Binance-Peg BUSD (a wrapped version of BUSD “offered by Binance) extends its supported blockchain networks to include TRON.”… Read More

January 1, 2023 @ 2:18 pm By JD Alois  |  

Credefi, a provider of decentralized and secured lending portfolios, says it has been approved to brand itself as powered by Experian while stating it is the first blockchain firm to gain this type of partnership. Experian, one of the largest credit reporting firms in the… Read More

January 1, 2023 @ 11:30 am By Omar Faridi  |  

Since the beginning of the year, the price of bitcoin has dropped by 64% from $46,311 to $16,851, but the market hasn’t yet reached a bottom. As the global economy enters a recession, the world’s first cryptocurrency could fall to $10,000 in 2023, according to… Read More

December 31, 2022 @ 2:47 pm By Omar Faridi  |  

There has never been a “dull moment” in crypto, and this year was no exception, the team at Kraken noted. In 2022, Kraken celebrated 11 years of their mission “to accelerate the adoption of cryptocurrency so that you and the rest of the world can… Read More

December 30, 2022 @ 11:00 am By Omar Faridi  |  

In 2022, Binance claims it ramped up its regulatory compliance and user protection initiatives. By working collaboratively with regulators worldwide, Binance reveals it has “secured registrations and licenses in 14 jurisdictions as of the end of 2022.” To further reinforce their commitment to fight against… Read More

December 30, 2022 @ 10:38 am By JD Alois  |  

Marcus Sotiriou, Market Analyst at digital asset broker GlobalBlock (TSXV:BLOK) reports that Bitcoin is being accumulated by whales. Bitcoin (BTC) has had a tough year, like most all markets. BTC started 2022 at around $47,000. As of today, it looks like it will exit 2022,… Read More

December 30, 2022 @ 9:15 am By JD Alois  |  

  The Securities Commission of The Bahamas has announced that it took $3.5 billion in crypto from FTX for safekeeping, according to a statement distributed by the Commission yesterday (December 29, 2022). The Commission stated that based on information provided by former FTX CEO Sam… Read More

December 29, 2022 @ 7:17 pm By Omar Faridi  |  

By increasing the “popularity” of digital currency, TRONAPP.SBS launches a cryptocurrency cloud mining platform, which helps users to earn passive income. The platform aims to “offer users a unique opportunity to earn passive income from their investments in cryptocurrency mining.” This accessible cloud mining platform… Read More

December 29, 2022 @ 5:28 pm By JD Alois  |  

CoinList, a primary issuance platform for digital assets as well as a trading platform (some US states and other countries), has distributed an updated on 2022. The company states that in spite of all of the challenges 2022 presented, it has been a strong year… Read More

December 29, 2022 @ 5:14 pm By Omar Faridi  |  

Gate.io, the global cryptocurrency exchange, announced the launch of Gate.io Fraction Token, making the “most popular” NFTs more accessible and available on the market. Fraction Token on Gate.io allows traders “to buy and sell ERC-20 tokens pegged to an underlying NFT asset, enabling traders to… Read More

December 29, 2022 @ 3:42 pm By JD Alois  |  

Funds have been on the move from Alameda Research wallets – mostly in small amounts with the majority being combined into two digital wallets prior to being sent to FixedFloat/ChangeNow. This is according to a report by Martin Lee at Nansen – a blockchain analytics… Read More

December 29, 2022 @ 1:47 pm By Omar Faridi  |  

Global blockchain gaming company Wemade announced that Rise of Stars (ROS), a mobile game developed by LightCON Co., Ltd., a subsidiary of Wemade Max Co., Ltd., revamped the Silthereum system on December 28, as follows. Updated Silther Check used for item purchase and Silthereum exchange… Read More

December 29, 2022 @ 8:32 am By Omar Faridi  |  

RoRa Holdings, a provider of cryptocurrency assets, claims that it “commits itself to upholding the highest standards of security and transparency for investors, including a deep dedication to maintaining integrity within the cryptocurrency realm.” RoRa Holdings, a provider of crypto-assets, announced that it will be… Read More

December 28, 2022 @ 7:41 pm By Omar Faridi  |  

NYXEX, a digital asset exchange that claims it is poised to streamline the industry, is pleased  to announce that it has obtained the necessary liquidity and will be launching in Spring 2023. As an emerging player in the crypto-asset space, NYXEX is committed “to providing… Read More

December 28, 2022 @ 4:07 pm By Omar Faridi  |  

As digital assets became more widely accepted, the need “for corresponding tooling to meet accounting, reporting and tax requirements of both individuals and corporate users grew,” according to an update from FT Partners. Initially operating largely out of sight, tax authorities across the globe “noted… Read More

December 28, 2022 @ 12:32 pm By Omar Faridi  |  

As the crypto and blockchain industry enters a new year, Fireblocks’ Vice President & Head of Corporate Strategy Adam Levine, shares key predictions of institutions eyeing the space: More traditional financial institutions leverage stablecoins Bigger players will use blockchain technology to unlock some of the… Read More

December 28, 2022 @ 11:47 am By Omar Faridi  |  

As Chainalysis discussed recently, the collapse of FTX and resulting market action prompted large net outflows “from centralized exchanges, as many users shifted their funds to personal wallets, also commonly referred to as ‘unhosted wallets’.” Chainalysis found that while the trend wasn’t “as pronounced as… Read More