Blockchain & Digital Assets

December 28, 2022 @ 10:06 am By Omar Faridi  |  

Crypto.com announced the promotion of Eric Anziani to President, in addition to maintaining his current role as Chief Operating Officer (COO). In his expanded role, Mr. Anziani will “oversee operations (including customer experience, onboarding and global payments), and he will continue to lead strategy, product,… Read More

December 28, 2022 @ 9:59 am By JD Alois  |  

American CryptoFed DAO, LLC’s forthcoming administrative hearing, as demanded by the Securities and Exchange Commission (SEC), is scheduled to take place on January 18, 2023. The Hearing Day 4 is labeled as public on the SEC’s event page. It was previously reported that hearings were… Read More

December 28, 2022 @ 8:39 am By Omar Faridi  |  

Blockforia.com, a Bulgarian cryptocurrency exchange, is announcing the go-live of its platform  as 2022 comes to an end. The company reports that it will first begin “accepting customers in selected EU jurisdictions, while further expansion is expected to continue in 2023.” Whilst expanding its global… Read More

December 27, 2022 @ 12:31 pm By JD Alois  |  

Bankruptcy filings for private equity financed firms have moved higher in 2022 – a data point that should come as no surprise due to the challenging economic environment. According to S&P Global Market Intelligence, forty-nine private firms filed for bankruptcy protection during the year –… Read More

December 27, 2022 @ 11:27 am By Omar Faridi  |  

Iris Energy Limited (NASDAQ: IREN), an owner and operator of institutional-grade, highly efficient Bitcoin mining data centers powered by 100% renewable energy, recently announced that its 160MW of data center capacity is “not affected by the recent announcement by the Government of British Columbia.” On… Read More

December 27, 2022 @ 10:51 am By Omar Faridi  |  

2021 was quite the ride for the cryptocurrency mining industry, according to an update from Compass Mining. Financial analysts predicted $100,000 Bitcoin prices. Miners reportedly “touted huge purchase orders and deployments. And stock prices seemingly couldn’t go downward.” By the end of that year, however,… Read More

December 27, 2022 @ 9:48 am By Omar Faridi  |  

Cogni, the lifestyle-focused banking platform bridging the gap between Web2 and Web3, has announced the launch of its new Multi-Chain Wallet, the first of its kind “to integrate Web3 services within a traditional Web2 banking platform.” This integrated, non-custodial wallet “couples accessibility with security in… Read More

December 27, 2022 @ 8:48 am By Omar Faridi  |  

Core, a free, self-custody wallet engineered for users to seamlessly and securely use Web3 dApps, has integrated Coinbase Pay, giving users more ways “to deposit cash to convert to crypto for use on Avalanche, Ethereum, and many other blockchain networks.” Coinbase Pay supports 60+ fiat… Read More

December 26, 2022 @ 10:29 pm By Omar Faridi  |  

The team at Kraken has announced that they have added ten new NFT collections to Kraken NFT for our current beta testers to explore, collect and trade. After revealing the first 70 collections earlier this year, and dozens more over the past few weeks, Kraken… Read More

December 26, 2022 @ 7:37 pm By Omar Faridi  |  

The 1inch Network has released a major upgrade, Fusion. The upgrade aims “to make swaps on 1inch yet more profitable and secure, setting new standards for cost-efficiency, security and user experience in the DeFi space.” The 1inch Network is pleased to announce the release of… Read More

December 26, 2022 @ 7:05 pm By Omar Faridi  |  

The team at VeChain notes that as we bid goodbye to 2022 and begin settling in for winter (well, half of the world, anyway), what better way to warm our souls than to tap into the “collective wit” and “creativity” of the “VeFam” with a… Read More

December 26, 2022 @ 3:47 pm By Omar Faridi  |  

Cryptocurrency exchanges allow us to buy, sell and store cryptocurrencies. Unfortunately, this has “enabled crypto exchanges to become a target for hackers,” according to an update shared with Crowdfund Insider. Since 2012, “at least 47 cryptocurrency exchanges suffered from major hacks forcing platforms to shut… Read More

December 26, 2022 @ 8:41 am By Omar Faridi  |  

Huobi, which claims to be one of the world’s leading virtual asset exchanges, announced plans to issue the Huobi Visa Card worldwide, with the aim “to bring a more efficient fiat-to-crypto gateway for its users and promote the development of the virtual assets industry on… Read More

December 26, 2022 @ 8:34 am By Omar Faridi  |  

A joint research effort between the Federal Reserve Bank of Boston and the Massachusetts Institute of Technology into the technical feasibility of a potential central bank digital currency “is now complete.” The Boston Fed’s work on CBDC with MIT’s Digital Currency Initiative is known as… Read More

December 26, 2022 @ 8:17 am By Omar Faridi  |  

In yet another step towards democratizing access to the world of cryptocurrencies in Latin America, Nubank (NYSE: NU) announced two more digital currencies as part of the Nubank Cripto experience, currently “available to more than 67 million of customers in Brazil.” Launched in May “with… Read More

December 24, 2022 @ 3:17 pm By Omar Faridi  |  

The TON Foundation, a non-profit association of developers and enthusiasts that exists to advance The Open Network (TON), has announced a global hackathon in collaboration with DoraHacks, a global hacker organization that “acts as a bridge, connecting hackers to enterprise challenges and entrepreneurial ideas.” Titled,… Read More

December 24, 2022 @ 2:20 pm By Omar Faridi  |  

Lightning Network focused LQwD Fintech Corp. announced that it has released a new and updated version of lqwd.tech, the company’s proprietary, non-custodial Lightning Network Software as a Service platform (SaaS). LQwD’s Lightning Network platform “makes it easier for institutions, businesses, and users, to integrate and… Read More

December 23, 2022 @ 6:12 pm By JD Alois  |  

Former CEO of Alameda Research Carolyn Ellison has apologized for her misdeeds pertaining to the collapse of FTX as well as Alameda. Gary Wang, FTX co-founder and former CTO, has also acknowledged his errors, according to multiple reports. Both Ellison and Wang have pleaded guilty… Read More

December 23, 2022 @ 12:09 pm By Omar Faridi  |  

Digital asset firm Okcoin reveals that clients can now “buy AGLD, BNT, DIA, GHST, KP3R, LDO, PERP, and TRB against USD” via the crypto trading platform. All Okcoin customers in the United States and EU (where applicable) can take advantage of this offer. AGLD, BNT,… Read More

December 23, 2022 @ 11:17 am By JD Alois  |  

OKX, one of the largest crypto exchanges in the world, has published its Proof of Reserves (PoR) for the second time. OKX says this is part of its commitment to transparency, adding that it plans to publish PoR each month on the 22nd.  Following the… Read More