Blockchain & Digital Assets

September 23, 2022 @ 3:42 pm By JD Alois  |  

Raisin, a European savings optimizer service that also operates in the US, has announced Raisin Crypto with the new offering first being launched in Germany under the Weltsparen brand. Raisin operates in the US under the SaveBetter brand. The Berlin-based Fintech crypto offering is designed… Read More

September 23, 2022 @ 12:03 pm By JD Alois  |  

Celsius, a crypto company that collapsed into bankruptcy in spectacular fashion, has had a discussion pertaining to its failure leaked on the internet. Posted by Tiffany Fong, she has also included a transcription of the audio as well as her opinion of the discussion. Apparently,… Read More

September 23, 2022 @ 11:54 am By JD Alois  |  

Coinsquare, a Canadian crypto exchange that is the oldest digital asset firm in the country, has agreed to acquire CoinSmart – a crypto marketplace that is registered with the Ontario Securities Commission. The combination of the two firms will create the largest crypto exchange in… Read More

September 23, 2022 @ 11:42 am By Omar Faridi  |  

Over 300 million people around the world have crypto assets in their investment portfolio, “a number that is set to double by 2025,” according to an update shared with CI. Helping them stay on top of their regulatory responsibilities, crypto tax reporting app Binocs is… Read More

September 22, 2022 @ 10:02 pm By JD Alois  |  

The Commodity Futures Trading Commission (CFTC) has filed and settled charges against bZeroX and founders Tom Bean and Kyle Kistner. The CFTC alleges that respondents illegally offered leveraged and margined retail commodity transactions in digital assets. The CFTC states that the activity can only be… Read More

September 22, 2022 @ 4:04 pm By JD Alois  |  

The UK government has introduced new legislation that is described as a move to counter those who abuse the UK’s open economy via money laundering or simply hiding ill-gotten gains. The Economic Crime and Corporate Transparency Bill is currently in Parliament, where it is scheduled… Read More

September 22, 2022 @ 3:23 pm By Omar Faridi  |  

Higlobe, Inc., the U.S. based solution for international payment transfers, raised $14 million in funding “to expand its technology and launch into new markets.” The investment round was “led by global technology investment firm Battery Ventures, an investor in a number of U.S.-based fintech companies.”… Read More

September 22, 2022 @ 9:32 am By JD Alois  |  

FTX, a fast-growing crypto exchange that operates both in the US and around the world, is expected to raise $1 billion in new funding at a valuation of $32 billion – the same as its previous round. FTX.us predicts that it will become a market-leading… Read More

September 22, 2022 @ 12:15 am By Omar Faridi  |  

Binance, the global blockchain services provider, has received the Minimal Viable Product (MVP) license from Dubai’s Virtual Asset Regulatory Authority (VARA), following the issuance of its provisional license in March 2022. The MVP license “means that Binance can offer an approved range of virtual asset-related… Read More

September 21, 2022 @ 10:07 pm By Omar Faridi  |  

As Gemini continues its mission to provide safe, secure, and innovative crypto products and services to our customers, they look to experienced industry professionals to help them on this journey. To that end, Gemini is pleased to announce that Maria Filipakis and Matthew Homer have… Read More

September 21, 2022 @ 9:47 pm By Omar Faridi  |  

Tres, which has built the first financial data lake for Web3 companies, announced that it has raised $7.6 million in a seed round “led by boldstart ventures, with participation from F2; Mantis in partnership with The Chainsmokers; New Form; Kenetic; Blockdaemon Ventures and Alchemy.” Offering… Read More

September 21, 2022 @ 9:31 pm By JD Alois  |  

FV Bank, a digital/digital asset bank, has integrated USDC, Circle’s dollar-based stablecoin. The new service enables account holders the ability to instantly convert USDC into US dollars at the moment of deposit. FV Bank is a US-licensed bank based in Puerto Rico where it is… Read More

September 21, 2022 @ 9:10 pm By Omar Faridi  |  

The team at Fireblocks is pleased to announce support for DeFi on NEAR, “enabling connection to NEAR dApps via their Web3 engine.” Effective immediately, Fireblocks users can “securely access DeFi yields through lending, borrowing, and any Web3 apps built for NEAR that integrate WalletConnect.” Fireblocks… Read More

September 21, 2022 @ 9:04 pm By Omar Faridi  |  

ShareRing app clients are reportedly able to swap their $SHR tokens between the BNB Smart Chain and ShareLedger (SLP3). Previously, users had to go through “a 3-step process of swapping $SHR from Binance Chain (BEP2) to BEP20 (using Binance Wallet), then to ERC20 (using Multichain),… Read More

September 21, 2022 @ 5:07 pm By JD Alois  |  

Kraken, a top five crypto exchange operating in the US, has announced that Kraken CEO Jesse Powell will step down and be replaced by current COO Dave Ripley. In a blog post, Kraken explained that after a “rigorous” search Ripley was selected for the CEO… Read More

September 21, 2022 @ 3:46 pm By JD Alois  |  

Bitso, a Latin American crypto exchange reporting 5 million users, has distributed an email stating that Latam users can use crypto to counter the impact of inflation. Bitso reported that according to a study, the reasons for adopting cryptocurrencies are increasingly varied. The study highlights… Read More

September 21, 2022 @ 3:34 pm By JD Alois  |  

During the House Financial Services Committee hearing on Megabanks today, JP Morgan CEO Jamie Dimon was asked about his opinion on blockchain technology. Dimon said he was not a skeptic when it comes to blockchain, smart contracts, Defi, etc., these are real things in which… Read More

September 21, 2022 @ 2:21 pm By Omar Faridi  |  

Nasdaq Inc is reportedly placing a major bet on the crypto market, with the introduction of a digital assets unit that’s aimed at attracting institutional investors. The new division, called Nasdaq Digital Assets, will aim to provide custody services for crypto-assets, such as Bitcoin (BTC)… Read More

September 21, 2022 @ 10:46 am By Omar Faridi  |  

Vasil is an enhancement of the Cardano platform, “improving scalability and lowering transaction costs” It improves on the Plutus smart contract platform, “allowing developers to deploy more complex smart contracts,” according to an update shared by Poloniex. It is “scheduled to ship on September 22nd,… Read More

September 21, 2022 @ 8:27 am By Omar Faridi  |  

As a provider of fraud, compliance, and instant settlement solutions, Sardine announced a $51.5 million Series B funding round in order “to accelerate product development as well as marketing and sales across the globe.” Andreessen Horowitz’s Growth Fund led the investment round with participation from… Read More