Blockchain & Digital Assets

December 30, 2022 @ 10:38 am By JD Alois  |  

Marcus Sotiriou, Market Analyst at digital asset broker GlobalBlock (TSXV:BLOK) reports that Bitcoin is being accumulated by whales. Bitcoin (BTC) has had a tough year, like most all markets. BTC started 2022 at around $47,000. As of today, it looks like it will exit 2022,… Read More

December 30, 2022 @ 9:15 am By JD Alois  |  

  The Securities Commission of The Bahamas has announced that it took $3.5 billion in crypto from FTX for safekeeping, according to a statement distributed by the Commission yesterday (December 29, 2022). The Commission stated that based on information provided by former FTX CEO Sam… Read More

December 29, 2022 @ 7:17 pm By Omar Faridi  |  

By increasing the “popularity” of digital currency, TRONAPP.SBS launches a cryptocurrency cloud mining platform, which helps users to earn passive income. The platform aims to “offer users a unique opportunity to earn passive income from their investments in cryptocurrency mining.” This accessible cloud mining platform… Read More

December 29, 2022 @ 5:28 pm By JD Alois  |  

CoinList, a primary issuance platform for digital assets as well as a trading platform (some US states and other countries), has distributed an updated on 2022. The company states that in spite of all of the challenges 2022 presented, it has been a strong year… Read More

December 29, 2022 @ 5:14 pm By Omar Faridi  |  

Gate.io, the global cryptocurrency exchange, announced the launch of Gate.io Fraction Token, making the “most popular” NFTs more accessible and available on the market. Fraction Token on Gate.io allows traders “to buy and sell ERC-20 tokens pegged to an underlying NFT asset, enabling traders to… Read More

December 29, 2022 @ 3:42 pm By JD Alois  |  

Funds have been on the move from Alameda Research wallets – mostly in small amounts with the majority being combined into two digital wallets prior to being sent to FixedFloat/ChangeNow. This is according to a report by Martin Lee at Nansen – a blockchain analytics… Read More

December 29, 2022 @ 1:47 pm By Omar Faridi  |  

Global blockchain gaming company Wemade announced that Rise of Stars (ROS), a mobile game developed by LightCON Co., Ltd., a subsidiary of Wemade Max Co., Ltd., revamped the Silthereum system on December 28, as follows. Updated Silther Check used for item purchase and Silthereum exchange… Read More

December 29, 2022 @ 8:32 am By Omar Faridi  |  

RoRa Holdings, a provider of cryptocurrency assets, claims that it “commits itself to upholding the highest standards of security and transparency for investors, including a deep dedication to maintaining integrity within the cryptocurrency realm.” RoRa Holdings, a provider of crypto-assets, announced that it will be… Read More

December 28, 2022 @ 7:41 pm By Omar Faridi  |  

NYXEX, a digital asset exchange that claims it is poised to streamline the industry, is pleased  to announce that it has obtained the necessary liquidity and will be launching in Spring 2023. As an emerging player in the crypto-asset space, NYXEX is committed “to providing… Read More

December 28, 2022 @ 4:07 pm By Omar Faridi  |  

As digital assets became more widely accepted, the need “for corresponding tooling to meet accounting, reporting and tax requirements of both individuals and corporate users grew,” according to an update from FT Partners. Initially operating largely out of sight, tax authorities across the globe “noted… Read More

December 28, 2022 @ 12:32 pm By Omar Faridi  |  

As the crypto and blockchain industry enters a new year, Fireblocks’ Vice President & Head of Corporate Strategy Adam Levine, shares key predictions of institutions eyeing the space: More traditional financial institutions leverage stablecoins Bigger players will use blockchain technology to unlock some of the… Read More

December 28, 2022 @ 11:47 am By Omar Faridi  |  

As Chainalysis discussed recently, the collapse of FTX and resulting market action prompted large net outflows “from centralized exchanges, as many users shifted their funds to personal wallets, also commonly referred to as ‘unhosted wallets’.” Chainalysis found that while the trend wasn’t “as pronounced as… Read More

December 28, 2022 @ 10:06 am By Omar Faridi  |  

Crypto.com announced the promotion of Eric Anziani to President, in addition to maintaining his current role as Chief Operating Officer (COO). In his expanded role, Mr. Anziani will “oversee operations (including customer experience, onboarding and global payments), and he will continue to lead strategy, product,… Read More

December 28, 2022 @ 9:59 am By JD Alois  |  

American CryptoFed DAO, LLC’s forthcoming administrative hearing, as demanded by the Securities and Exchange Commission (SEC), is scheduled to take place on January 18, 2023. The Hearing Day 4 is labeled as public on the SEC’s event page. It was previously reported that hearings were… Read More

December 28, 2022 @ 8:39 am By Omar Faridi  |  

Blockforia.com, a Bulgarian cryptocurrency exchange, is announcing the go-live of its platform  as 2022 comes to an end. The company reports that it will first begin “accepting customers in selected EU jurisdictions, while further expansion is expected to continue in 2023.” Whilst expanding its global… Read More

December 27, 2022 @ 12:31 pm By JD Alois  |  

Bankruptcy filings for private equity financed firms have moved higher in 2022 – a data point that should come as no surprise due to the challenging economic environment. According to S&P Global Market Intelligence, forty-nine private firms filed for bankruptcy protection during the year –… Read More

December 27, 2022 @ 11:27 am By Omar Faridi  |  

Iris Energy Limited (NASDAQ: IREN), an owner and operator of institutional-grade, highly efficient Bitcoin mining data centers powered by 100% renewable energy, recently announced that its 160MW of data center capacity is “not affected by the recent announcement by the Government of British Columbia.” On… Read More

December 27, 2022 @ 10:51 am By Omar Faridi  |  

2021 was quite the ride for the cryptocurrency mining industry, according to an update from Compass Mining. Financial analysts predicted $100,000 Bitcoin prices. Miners reportedly “touted huge purchase orders and deployments. And stock prices seemingly couldn’t go downward.” By the end of that year, however,… Read More

December 27, 2022 @ 9:48 am By Omar Faridi  |  

Cogni, the lifestyle-focused banking platform bridging the gap between Web2 and Web3, has announced the launch of its new Multi-Chain Wallet, the first of its kind “to integrate Web3 services within a traditional Web2 banking platform.” This integrated, non-custodial wallet “couples accessibility with security in… Read More

December 27, 2022 @ 8:48 am By Omar Faridi  |  

Core, a free, self-custody wallet engineered for users to seamlessly and securely use Web3 dApps, has integrated Coinbase Pay, giving users more ways “to deposit cash to convert to crypto for use on Avalanche, Ethereum, and many other blockchain networks.” Coinbase Pay supports 60+ fiat… Read More