Blockchain & Digital Assets

September 1, 2022 @ 7:42 pm By Omar Faridi  |  

Digital Asset, a software provider that helps enterprises build economic value through interconnected networks, announced another solid quarter of growth in Q2 2022. The firm continues “to expand its footprint among financial institutions and market infrastructures exploring and investing in next generation blockchain technology.” The… Read More

September 1, 2022 @ 10:01 am By Omar Faridi  |  

Fireblocks, the provider of digital asset and crypto custody technology, and Tokeny, the tokenization solution provider, announced their partnership “to provide a turnkey and enterprise-grade solution for tokenization using the ERC-3643 market standard on Polygon.” Institutions seeking to mint and manage permissioned tokens such as… Read More

September 1, 2022 @ 9:37 am By Omar Faridi  |  

Digital asset firm Gemini notes that the most consequential Ethereum network upgrade yet, called “The Merge,” is planned for mid-September this year. The upgrade will “codify Ethereum’s long-awaited move to Proof-of-Stake (PoS) from its existing Proof-of-Work (PoW) consensus mechanism.” Following years of planning, and numerous… Read More

September 1, 2022 @ 9:00 am By JD Alois  |  

Presearch, a heightened privacy search engine that rewards users with tokens, has gained a notable step up in the competitive world of search. Presearch is now integrated with Android in Europe as a default search engine option. According to a statement by Presearch, Android devices… Read More

August 31, 2022 @ 9:27 pm By Omar Faridi  |  

Naoris Protocol, the blockchain and AI-based “decentralized” cybersecurity mesh that restores cybersecurity across all sectors of the economy, is partnering with Router Protocol, the cross-chain infrastructure layer that “enables communication between blockchains.” Router Protocol is “a modular layer and cross-chain bridge that connects different blockchains… Read More

August 31, 2022 @ 8:12 pm By Omar Faridi  |  

The team at RedStone is pleased to announce that in August 2022, they successfully raised a $7M seed round led by Lemniscap in order “to pursue [their] mission of powering Web3 innovation with a novel approach to on-chain data storage.” The funds will play a… Read More

August 31, 2022 @ 4:02 pm By JD Alois  |  

Maxine Waters, Chairwoman of the House Committee on Financial Services, has posted the calendar for September hearings with several topics of note on the list. On Tuesday, September 20 at 10 a.m. ET, the Subcommittee on National Security, International Development, and Monetary Policy will meet… Read More

August 31, 2022 @ 3:39 pm By JD Alois  |  

The North American Securities Administrators Association (NASAA) has issued a warning to investors regarding “investment scams and frauds offered in the unregulated metaverse.” The NASAA advisory states that the metaverse may offer investment opportunities, including virtual real estate, nonfungible tokens (NFTs) and other businesses. But… Read More

August 31, 2022 @ 1:07 pm By Omar Faridi  |  

dAMM Finance is building a decentralized borrowing and lending protocol for crypto assets that is “highly capital efficient” and accessible for many token projects. Credora is partnering with dAMM “to conduct privacy-preserving credit evaluations and real-time risk monitoring on eligible dAMM borrowers.” The partnership will… Read More

August 31, 2022 @ 10:00 am By Omar Faridi  |  

The FBI [Federal Bureau of Investigation] is warning investors that cybercriminals are “increasingly exploiting vulnerabilities in decentralized finance (DeFi) platforms to steal cryptocurrency, causing investors to lose money.” The FBI has “observed cybercriminals exploiting vulnerabilities in the smart contracts governing DeFi platforms to steal investors’… Read More

August 30, 2022 @ 11:19 pm By Omar Faridi  |  

The Lightnet Group announced that it has secured a $50 million capital commitment from LDA Capital Ltd “to grow its infrastructure, operations, and expand its technological partner’s (Velo Labs Technology) blockchain technology.” Lightnet will “have the option to increase the $50 million to a total… Read More

August 30, 2022 @ 9:17 pm By Omar Faridi  |  

Users of the NFT marketplace, iNFTSpace, can now enjoy more direct purchases of digital artworks via Alchemy Pay’s fiat-to-crypto gateway plugin. This on/off ramp is now being “integrated across all areas of blockchain.” For up and coming projects, such as iNFTspace, this is “the first… Read More

August 30, 2022 @ 7:58 pm By Omar Faridi  |  

Data monetization allows social media websites and tech giants across the globe “to accumulate significant revenue from user’s personal information,” according to an update shared with CI. Facebook, for example, earns “up to US$900 per year (£670) by selling each user’s personal information to other… Read More

August 30, 2022 @ 2:47 pm By Omar Faridi  |  

Ethereum’s Merge is due to happen soon, and it might “impact both Ether and the larger crypto market in a big way,” the Okcoin team noted. Ethereum’s proof-of-work chain will merge with its proof-of-stake chain soon, the update from Okcoin noted while adding that the… Read More

August 30, 2022 @ 11:37 am By JD Alois  |  

Lena Instruments, in partnership with Flare Network, has announced the launch of a new crowdfunding platform labeled “CloudFunding.” Lena Instruments is a blockchain and software firm based in Switzerland. Flare is a new blockchain that claims to have the first consensus protocol for external data…. Read More

August 30, 2022 @ 10:47 am By Omar Faridi  |  

Security Token Market is pleased to confirm that Archax, a global cryptocurrency and FCA regulated digital asset ecosystem, has joined the STM data partnership network. Archax provides professional investors and institutions “with a primary market for investing into digital asset projects, as well as a… Read More

August 30, 2022 @ 8:13 am By Omar Faridi  |  

Robert Leshner, the full-stack founder of Compound, notes that transparent, fair, autonomous interest rate markets should be available for all consumers. Compound launched in September 2018, and was reportedly “the first instance of user-to-protocol (rather than peer-to-peer) collateralized borrowing.” The ideas and innovations from this… Read More

August 29, 2022 @ 11:07 pm By Omar Faridi  |  

Ledger, the hardware and software security company focused on crypto and Web3, recently revealed that they’ve integrated Filecoin into Ledger Live Desktop. Ledger explained that Filecoin is powering a “decentralized” Internet “where storage is owned and operated by its users.” We just integrated @Filecoin into… Read More

August 29, 2022 @ 9:37 pm By Omar Faridi  |  

Floating Point Group (FPG), a cryptocurrency prime brokerage with an institutional trading desk and settlement platform, has appointed Peter Eliades, former J.P. Morgan and Wells Fargo banking executive “as Head of Distribution.” Eliades joins “a predominately technical and crypto-native leadership team.” With over two decades… Read More

August 29, 2022 @ 9:32 pm By Agnes Beatrice Gambill West  |  

Lately, there has been a flurry of ethics rules, advisory opinions, and proposed legislation to curtail government employees and their family members from freely trading cryptocurrencies. While the purpose of this clampdown is justifiable — eliminating conflicts of interest and insider trading — excessively limiting participation in something so… Read More