Blockchain & Digital Assets

October 24, 2022 @ 10:43 am By JD Alois  |  

There has been a lot of initial excitement surrounding the possibility of a digital dollar – a government-issued, central bank digital currency (CBDC).  The enthusiasm is primarily due to certain expectations that a CBDC will be frictionless, a low-cost currency that will help underbanked segments… Read More

October 24, 2022 @ 10:04 am By JD Alois  |  

Coinshares weekly report on digital asset investment activity once again depicts a market with little activity as investors look elsewhere to park their money. According to the report, digital asset investment products saw outflows totaling $5 million last week in a continuation of this “apathetic… Read More

October 24, 2022 @ 8:34 am By Omar Faridi  |  

Binance Custody, an institutional-grade digital asset custody solution, has onboarded risk management tools from TRM Labs, a key player focused on blockchain analytics and intelligence technology. The integration “enables Binance Custody to ensure its regulatory compliance and risk management program for client holdings through TRM’s… Read More

October 24, 2022 @ 8:31 am By Omar Faridi  |  

Ottr, a Web3 mobile app that makes holding crypto easier and more secure than ever, is pleased to announce it has “closed on a $3.1 million pre-seed funding round led by Race Capital with participation from Circle Ventures, Slow Ventures, and Kamal Ravikant.” Ottr will… Read More

October 23, 2022 @ 11:23 pm By Omar Faridi  |  

Leveraging the firm’s expertise in asset management and Bitcoin Mining, JKL Group is set to raise “a $50M mining infrastructure fund from family offices, HNWI, and institutional investors active in the digital assets space.” JKL Group is reportedly “the first APAC headquartered digital asset management… Read More

October 23, 2022 @ 7:37 pm By Omar Faridi  |  

Unstoppable Domains integrates with Wyre and will be providing users “a quick and secure way to load their wallet.” Wyre’s payment infrastructure has “continued to support businesses much like Unstoppable Domains, and [the team] are continuing to build solutions aimed at removing common roadblocks and… Read More

October 23, 2022 @ 6:34 pm By Omar Faridi  |  

Pyth Network is pleased to announce that the Pyth price feeds are now available on Aptos mainnet. Thanks to the support of Wormhole and Aptos Labs, the team is pleased “to enable anyone building the future of finance on Aptos to leverage Pyth’s high-fidelity data… Read More

October 23, 2022 @ 4:30 pm By Omar Faridi  |  

As most of their users might know, ShapeShift transitioned to a DAO (decentralized autonomous organization) in July last year. This has “proven to be an amazing journey, allowing us to offer so much more to [their] users, such as more options for buying, trading, investing,… Read More

October 23, 2022 @ 3:30 pm By JD Alois  |  

Uphold has been named the fastest-growing private company in the San Francisco Bay area by the SF Business Times. Uphold is a Fintech that leverages blockchain technology for transfers and payments as well as cryptocurrency trading. Based in the UK, Uphold has an SF outpost… Read More

October 22, 2022 @ 6:00 pm By Omar Faridi  |  

FT Partners Research recently announced the publication of their Q3 2022 Crypto & Capital Markets Tech Insights report, providing the review of global deal activity for the Crypto & Blockchain and Wealth & Capital Markets Tech sectors “with analysis across private company financings, IPOs, and… Read More

October 22, 2022 @ 4:05 pm By JD Alois  |  

Senator Bill Hagerty’s Digital Asset Clarity Act of 2022 aims to determine when a digital asset is a security and when it may be something else. As was reported earlier this month, the legislation strives to provide digital asset exchanges with a safe harbor from… Read More

October 21, 2022 @ 1:01 pm By Omar Faridi  |  

Relai, the Swiss bitcoin app, announces its partnership with Checkout.com, the global payments provider. The move reportedly makes Relai the “first and only” bitcoin company “to offer instant transactions through a wallet that’s entirely owned by the customer.” The partnership “means that Relai users will… Read More

October 21, 2022 @ 10:32 am By JD Alois  |  

Top crypto trading platform Bitso says it has surpassed 6 million users in Latin America while claiming it is in the midst of a growth spurt the fastest they have seen since its inception in 2014. Bitso states that in the past year, it has… Read More

October 21, 2022 @ 9:37 am By JD Alois  |  

This week, the US Department of Justice sentenced two individuals for a plot to steal crypto in a SIM Swap scam. SIM Swaps became a hot fraud ploy several years back as a way to steal digital assets – easily moved once stolen. Perps would… Read More

October 21, 2022 @ 8:22 am By Omar Faridi  |  

Binance.US, the U.S. partner to the largest crypto exchange and “America’s home” to buy, sell, trade, convert and stake digital assets, announced the appointment of former Federal Bureau of Investigation agent, BJ Kang, “as the company’s first Head of Investigations.” In this role, BJ will… Read More

October 20, 2022 @ 11:17 pm By Omar Faridi  |  

Primer, which claims to be the world’s first automation platform for payments and commerce, and Coinbase (NASDAQ: COIN) have announced a strategic integration that “allows merchants in markets across the globe to add crypto as a standard method of payment at checkout.” Coinbase Commerce, Coinbase’s… Read More

October 20, 2022 @ 9:02 pm By Omar Faridi  |  

Virtual currency trading company CrossTower continues to pursue a potential deal to acquire the assets of the once-leading and now-bankrupt Voyager Digital Ltd. out of bankruptcy, a lawyer for CrossTower noted at a court hearing on Wednesday (October 19, 2022). John Ashmead, CrossTower’s lawyer, a… Read More

October 20, 2022 @ 4:47 pm By JD Alois  |  

Next week, Advent Entertainment will pursue a digital security offering on INX  for a token tied to royalties. Advent aims to produce films, television shows, video games, and more. The initial token sale hopes to raise a minimum amount of $15 million. The tokens are… Read More

October 20, 2022 @ 11:23 am By JD Alois  |  

In a move to support the adoption of USDC, the Circle issued dollar-based stablecoin, Coinbase (NASDAQ:COIN) has waived commission fees when buying or selling USDC via any fiat currency on Coinbase, “from AUD to ZAR.” USDC is the second largest stablecoin by market cap after… Read More

October 20, 2022 @ 10:27 am By JD Alois  |  

Digital bank N26, based in Germany, will soon offer cryptocurrency trading to its account holders. According to a Tweet, Austria will be the first country to allow an account holder to trade digital assets with other European countries coming soon. The crypto trading services will… Read More