Blockchain & Digital Assets

December 18, 2022 @ 10:40 pm By Omar Faridi  |  

THORChain, a non-custodial decentralized native asset protocol that enables wallets, decentralized exchanges (DEXs), and users to seamlessly transfer their digital assets across blockchains, has completed its integration with Trust Wallet, a self-custodial and multi-chain wallet provider. This integration “unlocks decentralized multichain swaps for the more… Read More

December 18, 2022 @ 5:49 pm By Omar Faridi  |  

ConsenSys, a Web3 company, announced that U.S. MetaMask users will be able to purchase crypto (ETH) from “within the app” using PayPal. MetaMask will reportedly “be the first Web3 wallet to leverage PayPal to drive more successful on-ramp transactions.” Initially available to select PayPal users… Read More

December 18, 2022 @ 2:27 pm By Omar Faridi  |  

Digital asset firm Gemini says it’s pleased to announce that individuals and institutions in Greece and Bulgaria can now “open a Gemini account to deposit, trade, and custody over 100 cryptocurrencies.” Consumers in these additional two markets “can securely access Gemini’s website or mobile app… Read More

December 18, 2022 @ 11:17 am By Omar Faridi  |  

Neo Global Development (NGD) has accepted Pink Paper, ‘a decentralized content publishing platform, into the EcoBoost program.” Through EcoBoost, Neo will “provide Pink Paper with support and incubation opportunities to help the project enter the market.” EcoBoost is “a business incubation program focused on building… Read More

December 17, 2022 @ 3:36 pm By Omar Faridi  |  

Digital asset firm Okcoin reveals that users can can now buy 10 additional tokens via their crypto trading platform – Badger Finance (BADGER), DYDX Exchange (DYDX), Ampleforth (FORTH), Kusama (KSM), Immutable X (IMX), Mask Network (MASK), Mina Protocol (MINA), Numeraire (NMR), Storj (STORJ), and 0x… Read More

December 17, 2022 @ 2:19 pm By JD Alois  |  

  The trifecta of legal action against Sam Bankman-Fried and the failure of FTX blossomed this past week as the US Attorney for the Southern District of New York filed criminal charges against Bankman-Fried. These charges were joined by civil charges filed by both the… Read More

December 16, 2022 @ 8:07 pm By Omar Faridi  |  

MoneyGram (NASDAQ: MGI) is pleased to support our partners at the Stellar Development Foundation (SDF) on the launch of Stellar Aid Assist, which is described as “a first-of-its-kind blockchain-powered aid disbursement system that delivers relief funds quickly, affordably and efficiently to individuals in crisis.” As… Read More

December 16, 2022 @ 7:02 pm By Omar Faridi  |  

Finterest, which claims to be the “first” crypto lending protocol available on the Internet Computer (ICP) built to support native Bitcoin borrowing and lending, announced the close of its $1.5 million seed round. Investors reportedly “include Polychain Capital via the Beacon Fund, an Internet Computer-focused… Read More

December 16, 2022 @ 4:27 pm By JD Alois  |  

The Financial Stability Oversight Council (FSOC)  has identified 14 specific financial vulnerabilities impacting the markets in its annual report. The Council incorporates the participation of all the major US financial regulators, including the Secretary of the Treasury, who acts as the Chair of the Council…. Read More

December 16, 2022 @ 3:53 pm By Omar Faridi  |  

DOGAMÍ, which claims to be the first Web3 game for NFT pet companions, completes its $14M seed round with a $7M seed extension “led by European tech-investor XAnge.” DOGAMÍ has “launched a mobile application that allows users to adopt and play with their virtual NFT… Read More

December 16, 2022 @ 12:50 pm By JD Alois  |  

Mazars, an international accounting firm, has pulled its proof of reserves report on Binance, according to multiple reports. Mazars apparently has halted all work on crypto platforms. Mazars has yet to issue a statement on its decision. Most recently, Mazars posted a Proof of Reserves… Read More

December 16, 2022 @ 10:58 am By JD Alois  |  

NYCE, a real estate investment platform, has listed its shares on Securitize – a digital securities platform. Over time, NYCE aspires to be the Robinhood of real estate. NYCE previously raised capital utilizing the Reg CF (Regulation Crowdfunding) exemption, offering investment opportunities on both Wefunder… Read More

December 16, 2022 @ 8:31 am By Omar Faridi  |  

Matrixport, one of the “largest” digital assets financial services platform, has announced that its institutional custodian service brand, Cactus Custody, has successfully “completed the SOC (System and Organization Controls) 2 Type 1 audit of its security and data privacy practices.” This certification “reflects Matrixport’s commitment… Read More

December 15, 2022 @ 5:08 pm By JD Alois  |  

FTX has filed a new document with the courts indicating its intent to sell multiple assets. FTX CEO John J. Ray, III, stated earlier this week his intent to sell certain assets as it moves to recoup funds in the bankrupt operation. Included on the… Read More

December 15, 2022 @ 3:09 pm By Omar Faridi  |  

Sommelier, the automated DeFi portfolio management platform, announces that it has launched Ethereum DeFi strategy tokens “for the first time on Injective, a layer 1 Cosmos blockchain optimized for finance.” Sommelier is a blockchain/DLT-based platform “built with the Cosmos SDK that executes advanced crypto portfolio… Read More

December 15, 2022 @ 12:40 pm By JD Alois  |  

This past Tuesday, the House Committee on Financial Services hosted a hearing with a single witness – John J. Ray, III, the new CEO of FTX. Originally, the Committee had scheduled the former CEO of FTX, Sam Bankman-Fried, to testify, but his arrest the day… Read More

December 14, 2022 @ 10:37 pm By Omar Faridi  |  

Clear Junction has announced the launch of a new escrow accounts solution which will act as a DVP (delivery versus payment) protection “for those wishing to trade in digital currencies and fiat.” The recent headlines surrounding FTX and other digital currency exchanges “has led to… Read More

December 14, 2022 @ 9:47 pm By Omar Faridi  |  

ZEBEDEE, a Fintech and “next-generation” payment processor for the gaming industry, announced the results of a study “surveying over 1,000 U.S. respondents who play a minimum of one hour of video games per week to gauge their feelings toward blockchain technologies, NFTs and cryptocurrencies being… Read More

December 14, 2022 @ 9:09 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has filed charges in another case of alleged crypto fraud. This time the “crypto pyramid scheme” apparently targeted the Spanish-speaking community. According to the SEC, Francisley Valdevino Da Silva, Juan Antonio Tacuri Fajardo, Ramon Antonio Perez Arias, and Jose… Read More

December 14, 2022 @ 8:53 pm By JD Alois  |  

The Wall Street Blockchain Alliance (WSBA), an advocacy group for distributed ledger technology, has announced the launch of the Digital Asset Industry Principles. WSBA states that these principles follow the recent events in crypto markets that have challenged the industry. The collaborative effort is described… Read More