Blockchain & Digital Assets

October 20, 2022 @ 8:18 am By Omar Faridi  |  

Nuri was founded in 2015 under the name Bitwala with the purpose “to make Bitcoin spendable.” Over the years, the business has “gone through several transformations and re-positionings, ups and downs,” until it has become Nuri, the bank account “to grow your money.” The team’s… Read More

October 19, 2022 @ 8:50 pm By Omar Faridi  |  

The Binance NFT Marketplace is pleased to be the official sales platform of an exclusive NFT collection created by the Kharkiv Art Museum in Ukraine. This cultural institution is “home to around 25,000 works of fine art, and the museum’s collection is recognized as one… Read More

October 19, 2022 @ 1:08 pm By JD Alois  |  

European Commission Commissioner for Financial Services, Financial Stability, and Capital Markets Union Mairead McGuinness, says the United States needs to pick up the pace and create bespoke rules for digital assets or crypto assets. The European Union is moving forward with its Markets in Crypto… Read More

October 19, 2022 @ 9:05 am By Omar Faridi  |  

We recently connected with Li Jun, Founder of Ontology, the project that claims it is bringing trust, privacy, and security to Web3 through decentralized identity and data solutions. Li Jun has commented on the key developments in the crypto and blockchain space following the Ethereum… Read More

October 19, 2022 @ 8:55 am By JD Alois  |  

Nubank (NYSE: NU) has announced the creation of its own cryptocurrency Nucoin. The digital asset is leveraging the Polygon blockchain network. Nubank claims the title of one of the largest financial services companies in the world. Last month, it reported that it had topped 70… Read More

October 18, 2022 @ 6:39 pm By JD Alois  |  

a16z (Andreessen Horowitz) has relaunched its Crypto Startup School (CSS), while expanding the program into a crypto accelerator, according to a blog post. a16z is one of the best-known VCs in Silicon Valley. While backing various industry sectors, including Fintech, a16z has emerged as a… Read More

October 18, 2022 @ 5:13 pm By Omar Faridi  |  

Following Kraken’s listings of Altair (AIR), Basilisk (BSX), Bifrost (BNC), Karura (KAR), KILT (KILT), Kintsugi (KINT), Moonriver (MOVR), Phala (PHA) and Tokemak (TOKE) for most countries, Kraken is pleased to announce “the availability of these tokens for residents of the United States and Canada.” Funding… Read More

October 18, 2022 @ 12:26 pm By Omar Faridi  |  

Regulators in Texas are reportedly probing cryptocurrency platform FTX and company CEO Sam Bankman-Fried. The state securities regulator is looking into whether FTX has offered unregistered securities to Texas residents, which could potentially be a violation of state law. According to reports, Texas’ securities regulator… Read More

October 18, 2022 @ 11:33 am By JD Alois  |  

Web3 infrastructure provider ChainSafe Systems has raised USD $18.75 million in a Series A funding round that was reportedly oversubscribed. According to a release, the funding was led byRound13 with participation from new investors NGC Ventures, HashKey Capital, Sfermion, Jsquare, and returning investors ConsenSys, Digital… Read More

October 18, 2022 @ 8:05 am By Omar Faridi  |  

New crypto protocols are increasingly focused on platform security from their onset, “knowing that trust is key to standing out and building critical momentum at launch,” according to an update from Anchorage Digital. It should come as no surprise, then, that they “are increasingly partnering… Read More

October 18, 2022 @ 8:02 am By Omar Faridi  |  

Binance, which claims to be the world’s leading blockchain and cryptocurrency infrastructure provider, announced the launch of a new series of crypto benchmarks, Binance CoinMarketCap (CMC) Index Series. The indices are designed “to enable users to better monitor and evaluate the performance of the crypto… Read More

October 17, 2022 @ 11:27 pm By Omar Faridi  |  

Developed by Lockton’s Emerging Asset Protection (LEAP) team in collaboration with global custody insurers, the facility is supported by Lloyd’s syndicates, together with “highly rated” insurance companies. This provides Lockton clients with policy wording and full access to London market capacity, estimated today “to be… Read More

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

Gritti, the web3 social fitness app building healthier habits through engaged communities and applied game design, is pleased to announce “the closing of $1.7M in seed funding.” Lingfeng Innovation Fund led the investment round along with “thesis-driven” web3 natives Youbi Capital, Bixin Ventures, Orderly Network,… Read More

October 17, 2022 @ 7:33 pm By Omar Faridi  |  

  CoinShares, which claims to be one of Europe’s largest and longest-standing full-service digital asset investment and trading groups, recently announced the launch of CoinSharesNFTAI (@CoinsharesNFTAI), a Twitter bot that “utilizes proprietary algorithms developed by CoinShares researchers to estimate the current fair market price for… Read More

October 17, 2022 @ 6:18 pm By JD Alois  |  

The Australian Securities and Investment Commission (ASIC) has placed an interim stop order blocking Holon Investments Australia Limited from offering or distributing three funds to retail investors due to “non-compliant target market determinations (TMDs).” The order is for 21 days unless it is revoked. ASIC expects… Read More

October 17, 2022 @ 3:54 pm By JD Alois  |  

Last week, it was reported that Bittrex was the target of an enforcement action emanating from the US Department of Treasury. Two divisions at Treasury, the Office of Foreign Assets Control (OFAC) and The Financial Crimes Enforcement Network (FinCEN) announced enforcement actions. The crypto trading… Read More

October 17, 2022 @ 10:50 am By JD Alois  |  

Mastercard (NYSE:MA) has partnered with leading digital asset platform Paxos to offer crypto trading to banking firms. According to a statement by Mastercard, “Crypto Source” is a new feature that provides an option for traditional financial services to offer crypto trading services. Walter Hessert, Head… Read More

October 16, 2022 @ 11:35 pm By JD Alois  |  

There has been much discussion as to the benefits of Central Bank Digital Currencies (CBDCs). Many developed countries are researching the pros and cons, and China has been testing with consumers a digital yuan for some time now. The flip side to a CBDC is… Read More

October 16, 2022 @ 7:17 pm By Omar Faridi  |  

ZEBEDEE, a Fintech and next-generation payment processor for the gaming industry, announced a new initiative that “contributes open source code and products to the Bitcoin Lightning space.” The new not-for-profit and completely open source initiative “has already resulted in several products and code repositories that… Read More

October 16, 2022 @ 6:14 pm By Omar Faridi  |  

CANVAS, a DeFi infrastructure company, is pleased to announce the testnet launch of CANVAS Connect, the Layer 2 scaling solution “built for the digital economy.” CANVAS Connect was “built in partnership with StarkWare, using the company’s STARK Proofs to batch DeFi transactions.” The new service… Read More