Blockchain & Digital Assets

October 7, 2022 @ 9:44 am By JD Alois  |  

Late yesterday, BNB Chain – part of Binance, announced that they were temporarily halting BSC or BNB Smart Chain, following “irregular activity” which was later described as a “potential exploit.” The price of BNB dropped on the news. The thread was updated to indicate that… Read More

October 7, 2022 @ 7:47 am By Omar Faridi  |  

PKO Bank Polski says the Metaverse initiative will be used as a laboratory “to broaden experience and to test relevant technological solutions.” According to Paweł Gruza, vice president of the management board of PKO Bank Polski managing the work of the management board, in the… Read More

October 6, 2022 @ 5:14 pm By JD Alois  |  

abrdn plc, a global investment company based in Scotland that reports £508 billion in assets and 5000 employees, has joined the Hedera Governing Council. According to Hedera, abrdn will move to make Hedera the technology of choice for investment fund tokenization. In a company statement,… Read More

October 6, 2022 @ 11:42 am By JD Alois  |  

In a letter sent to the Chair of the Committee on Economic and Monetary Affairs of the European Parliament, the European Council said it approved of the Parliament’s position on the Markets in Crypto Assets (MiCA) directive as it stands and it will be adopted… Read More

October 6, 2022 @ 8:44 am By Omar Faridi  |  

Securitize, a digital asset securities firm, and Hamilton Lane (NASDAQ: HLNE), a global private markets investment firm, announced a partnership “to expand investor access to Hamilton Lane’s funds through tokenization.” Through this partnership, qualified U.S.-based investors will be “able to more easily access three distinct… Read More

October 6, 2022 @ 8:08 am By Omar Faridi  |  

SWIFT has reportedly shown that Central Bank Digital Currencies (CBDCs) and tokenized assets can “move seamlessly on existing financial infrastructure – a major milestone towards enabling their smooth integration into the international financial ecosystem.” The findings, from two separate experiments, “solve the significant challenge of… Read More

October 5, 2022 @ 11:36 pm By Omar Faridi  |  

On Sept. 28, during the Token2049 event in Singapore, MEXC Exchange officially announced at the MEXC afterparty “M&M Launcher” that its fund was officially “upgraded to M-Ventures and a new management team.” The upgraded M-Ventures is “a comprehensive fund committed to empowering innovations in the… Read More

October 5, 2022 @ 9:16 pm By Omar Faridi  |  

Storepay, which claims to be the first Buy Now, Pay Later (BNPL) financial tech service provider in Mongolia that allows customers to make payments over time without extra fees, has announced the listing of its token, SPC, on LBank. With over 400,000 registered users, two… Read More

October 5, 2022 @ 3:08 pm By Omar Faridi  |  

Matrixport, which claims to be one of the world’s largest digital assets financial services ecosystems, has announced the securing of $50 million of insurance coverage for digital assets held “in cold storage with Cactus Custody, its institutional custodian.” In addition to enjoying additional insurance coverage,… Read More

October 5, 2022 @ 12:30 pm By JD Alois  |  

Representative Patrick McHenry, ranking Republican on the House Financial Services Committee, along with Representative French Hill and members of the Republican Digital Asset Working Group, have sent a letter to the US Department of Justice requesting an assessment on whether or not legislation is needed… Read More

October 5, 2022 @ 11:24 am By JD Alois  |  

Global Cannabis Holdings (GCH) is a Luxembourg-based operation that is investing in Cannabis companies around the world. While the Cannabis business has been around for good while, GCH is taking a different approach by issuing tokens to fund the investments in its portfolio firms and… Read More

October 5, 2022 @ 9:47 am By JD Alois  |  

June 2021 Promotion by Kardashian has the potential of being viewed by 328 million followers in what many think may have been the “financial promotion with the single biggest audience reach in history.” There has been plenty of chatter about the US Securities and Exchange… Read More

October 5, 2022 @ 7:55 am By Omar Faridi  |  

Mastercard (NYSE: MA) has launched Crypto Secure, which is described as “a first-of-its kind technology solution designed to bring additional security and trust to the digital ecosystem.” Crypto Secure “combines insights and technology from CipherTrace with proprietary information to help card issuers stay compliant with… Read More

October 4, 2022 @ 9:00 pm By JD Alois  |  

Anchorage Digital, a federally chartered bank serving institutions interested in digital assets, has announced an expansion into Asia. According to a corporate statement, Anchorage has partnered with Bitkub, Dream Trade, FBG Capital, GMO-Z.com Trust Company, IOSG Ventures, and Antalpha. These entities will be utilizing Anchorage… Read More

October 4, 2022 @ 3:19 pm By Omar Faridi  |  

Uniqo, an innovative decentralized finance (DeFi) project for stable and secure financial investments, has reportedly launched a new feature. As the “first” Rebound protocol in the emerging space, Uniqo aims “to address all of the problems of the crypto market—unstable returns, extreme volatility, questionable smart… Read More

October 4, 2022 @ 12:19 pm By JD Alois  |  

Yesterday, as was widely reported, well-known celebrity and influencer Kim Kardashian settled an enforcement action brought by the Securities and Exchange Commission (SEC). The infraction had to do with an Instagram post for EthereumMAX, the issuer of the EMAX token. The post, which was tagged… Read More

October 4, 2022 @ 11:26 am By JD Alois  |  

Pending digital asset legislation is piling up in the US House and Senate with some of these bills poised to move forward following the outcomes of the midterm elections. Last week, Senator Bill Hagerty, a member of the Senate Banking Committee, introduced the Digital Trading… Read More

October 4, 2022 @ 10:10 am By JD Alois  |  

  Exchange Traded Products (ETPs) based on crypto assets swooned by 11% during the month of August according to a report by Fineqia. While the decline should come as no surprise as many markets have been sinking due to many different reasons, this report applies… Read More

October 4, 2022 @ 9:18 am By JD Alois  |  

As part of Lugano, Switzerland’s Plan ₿, a joint initiative between the City of Lugano and Tether to accelerate the use of Bitcoin, the city now accepts Bitcoin and USDT at the communities merchants. The service is using GoCrypto to enable crypto payments. USDT is… Read More

October 4, 2022 @ 7:56 am By Omar Faridi  |  

Blockchain technology company TradeStrike BVI has announced the launch of its new mobile crypto wallet, which will “enable retail investors, as well as the 10,000+ holders of its $STRX utility token, to track their portfolio’s performance via a mobile app.” The launch has been “accompanied… Read More