Blockchain & Digital Assets

January 19, 2023 @ 3:59 pm By Omar Faridi  |  

Obligate, formerly known as FQX, announced it has successfully closed a seed extension funding round, “allowing them to scale their blockchain-based platform for bonds and commercial paper.” Blockchange Ventures and Circle Ventures join initial seed co-investors Earlybird and SIX Fintech Ventures – “bringing the total… Read More

January 19, 2023 @ 12:39 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has charged Caroline Ellison, the former CEO of Alameda Research, and Zixiao (Gary) Wang, the former Chief Technology Officer of FTX Trading Ltd. (FTX), for their part in the “multi-year scheme” to commit fraud in regards to FTX, once… Read More

January 19, 2023 @ 12:18 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has filed a litigation release regarding allegations that Sam Bankman-Fried defrauded equity investors in FTX. The U.S. Attorney’s Office for the Southern District of New York and the Commodity Futures Trading Commission (CFTC) have also announced charges against Bankman-Fried…. Read More

January 19, 2023 @ 9:46 am By JD Alois  |  

Spanish Fintech MONEI is reporting that it has received the “green light” from the Bank of Spain’s Fintech Sandbox to launch a digital Euro –  “EURM.” MONEI is a platform that aims to simplify and streamline digital payments, allowing any organization to integrate with Shopify… Read More

January 19, 2023 @ 9:06 am By JD Alois  |  

  Jamie Dimon has returned to CNBC bashing crypto once again. In an interview at Davos, the CEO of JP Morgan (NYSE:JPM) was asked about Bitcoin and cryptocurrency. Dimon said he wondered out loud why CNBC spent so much time on crypto, calling Bitcoin a… Read More

January 19, 2023 @ 7:08 am By Omar Faridi  |  

Coincover, which claims to be the leading digital asset protection technology company, announces a new partnership with Fireblocks, an easy-to-use platform “to create innovative products on the blockchain and manage day-to-day crypto operations.” The partnership provides Fireblocks customers “with a secure alternative for key backup… Read More

January 18, 2023 @ 10:34 pm By Omar Faridi  |  

MakerDAO, which claims to be the longest-standing DeFi lending protocol and creator of DAI, the original, decentralized stablecoin, announces Societe Generale-FORGE, a subsidiary of French multinational investment bank Societe Generale, has “completed an initial DAI drawdown from the MakerDAO protocol of 7 million DAI. SG-FORGE… Read More

January 18, 2023 @ 5:02 pm By Omar Faridi  |  

Trakx, an emerging global Fintech company providing thematic Crypto Tradable Indices through its registered Tier-1 trading platform, announced the launch of three new indices named: Growth, Balanced and Conservative. The new indices are “designed to meet the increasing demand for risk-adjusted crypto indices from high-net-worth… Read More

January 18, 2023 @ 4:42 pm By JD Alois  |  

“Fueled a high-tech axis of cryptocrime.” The US Department of Justice (DOJ) has announced the arrest of Anatoly Legkodymov, 40, a Russian national who resides in Shenzhen, China, as the founder and operator of Bitzlato, a crypto exchange the feds have alleged to have processed… Read More

January 18, 2023 @ 11:24 am By JD Alois  |  

Sam Bankman-Fried, the founder and former CEO of FTX who is now under indictment for allegations of fraud, has returned to his substack, declaring that FTX US was and is solvent. Bankman-Fried previously provided an FTX “post-mortem” following his release on bail. He disputes a… Read More

January 18, 2023 @ 11:10 am By JD Alois  |  

  Tim Draper and the Draper Venture Network (DVN) have just announced a new option to invest in private investments.  The Draper Round Table will launch this January that aims to enable family offices, venture capitalists, angel investors, and other “solo-capitalists” to access a syndication… Read More

January 18, 2023 @ 10:49 am By Omar Faridi  |  

HashKey Capital, a global asset manager specializing in crypto and blockchain, has announced the final closing of its third fund, HashKey FinTech Investment Fund III  with a total commitment of US$500 million. Fund III received strong support “from institutional investors namely sovereign wealth funds, renowned… Read More

January 18, 2023 @ 7:47 am By Omar Faridi  |  

Digital asset firm Coinbase (NASDAQ:COIN) reveals that the harsh market conditions have led to the company  makin the difficult decision “to halt operations in Japan and to conduct a complete review of ther business in the country.” However, Coinbase is committed “to making this transition… Read More

January 18, 2023 @ 7:45 am By Omar Faridi  |  

HAYVN, a globally regulated digital asset focused financial institution, called the bottom of the cryptocurrency market and launched its HAYVN 20 Cryptocurrency Index fund. The Cayman Islands based fund “offers clients a diversified, low-cost, and regulated strategy to invest in an index representing the top… Read More

January 17, 2023 @ 5:25 pm By JD Alois  |  

Unikrn, a token issuer that attempted to remain compliant while issuing digital assets but ended up being the target of a Securities and Exchange Commission (SEC) enforcement action, settled with the Commission in 2020. As was reported at that time, Unikrn was assessed a $6.1 million… Read More

January 17, 2023 @ 5:08 pm By JD Alois  |  

OKX has announced a new feature labeled “Copy Trading” in a move to “overhaul the trading experience.” Copy Trading is a tool that enables Social Trading. Users can follow high-performing traders and replicate their trades in new real-time. OKX states that there is a common… Read More

January 17, 2023 @ 11:56 am By JD Alois  |  

Bison Bank, a regulated bank licensed by the Banco de Portugal, has inked an agreement with Sygnum Bank to enter the global crypto markets. The move follows the announcement of Bison Digital Assets, a subsidiary of the bank aiming to provide digital asset services like … Read More

January 16, 2023 @ 3:28 pm By Omar Faridi  |  

ABN AMRO, headquartered in Amsterdam, reportedly became the first bank in Europe to register a digital bond on the public blockchain, using Fireblocks. The digital bond was issued to a select group of investors “to raise funds on behalf of APOC, an ABN AMRO commercial… Read More

January 16, 2023 @ 11:28 am By Omar Faridi  |  

On January 11, 2023, RVN, CLV, CVX, ANT, and PHA became available to buy on Okcoin in the United States. Withdrawals will be available soon, the Okcoin team confirmed. As mentioned in a blog post, Ravencoin (RVN), Clover Finance (CLV), Convex Finance (CVX), Aragon Network… Read More

January 16, 2023 @ 9:43 am By JD Alois  |  

IMPT has announced a deal to purchase up to €50 million in carbon credits from Polygon blockchain-powered Thallo. IMPT is a carbon-offsetting ecosystem aiming to connect brands and commerce to individuals and businesses interested in reducing their carbon footprint. Thallo uses blockchain technology to facilitate… Read More