Blockchain & Digital Assets

December 5, 2022 @ 9:10 am By JD Alois  |  

SEBA Bank and HashKey Group have formed a partnership that aims to boost digital asset adoption in Switzerland and Hong Kong. According to a corporate statement, a Memorandum of Understanding (MOU) has been signed between the two firms. The agreement is for HashKey to become… Read More

December 5, 2022 @ 7:23 am By Omar Faridi  |  

VeChain Foundation San Marino was pleased to debut as a silver partner of the Nitto ATP Finals, the grand finale of the ATP Tour, where the eight best tennis players in the world competed “for the final singles and double titles of the year, taking… Read More

December 4, 2022 @ 9:05 pm By Omar Faridi  |  

Horizen Labs announced plans to make its Web3 advisory service “a standalone business.” The new entity, called ‘Horizen Labs Ventures’ or HLV, will “leverage its deep industry knowledge to provide Web3 advisory services while Horizen Labs doubles down on its pursuit of enterprise application development… Read More

December 4, 2022 @ 5:24 pm By JD Alois  |  

Last week, the Senate Agriculture Committee, which has oversight of commodities markets, held a hearing on the collapse of FTX, once an inside-the-beltway darling, today a virtual pariah as policymakers rush to react to the bankruptcy of the crypto exchange. Before the crypto exchange went bust,… Read More

December 4, 2022 @ 4:33 pm By JD Alois  |  

Sam Bankman-Fried, the former CEO of bankrupt crypto exchange FTX, has agreed to testify in front of the House Committee on Financial Services contingent upon what happens from now until December 13th – the day the hearing is scheduled. As was previously reported, the Chair… Read More

December 4, 2022 @ 4:21 pm By Omar Faridi  |  

The DFINITY Foundation, the “not-for-profit” contributing to the development of the Internet Computer (IC) — the “world’s first” web-speed, internet-scale public blockchain — has announced the Internet Computer’s mainnet “integration with Bitcoin, bringing advanced smart contract functionality to the world’s largest cryptocurrency.” The Internet Computer… Read More

December 4, 2022 @ 2:53 pm By Omar Faridi  |  

Valour Inc., a technology company and the first and only publicly traded company that bridges the gap between traditional capital markets, Web3 and decentralized finance, announced a partnership with Autostock, a Swedish trading platform “to launch an automated trading strategy designed to capture weekly effects… Read More

December 3, 2022 @ 5:29 pm By JD Alois  |  

Representative Maxine Waters, the Chair of the House Committee on Financial Services, has Tweeted asking Sam Bankman-Fried, former CEO and founder of FTX, to testify in front of her Committee this month. Bankman-Fried has been making the PR rounds in the wake of the collapse… Read More

December 3, 2022 @ 5:02 pm By Omar Faridi  |  

CyVers claims it is a leading provider of “proactive” Web3 Security for the centralized, decentralized finance and smart contract applications “via detection and interception of crypto attacks across blockchains.” The company has announced an $8 million investment round “led by Elron Ventures.” This funding is… Read More

December 3, 2022 @ 4:29 pm By Omar Faridi  |  

The team at Binance is pleased to announce that Binance Custody has “completed our SOC 2 Type 1 and SOC 2 Type 2 attestations.” Their completion demonstrates their commitment “to information security and privacy protection by closing the year with an array of security examinations.”… Read More

December 2, 2022 @ 9:26 pm By Omar Faridi  |  

SCB 10X, the venture investment arm of SCBX group, building and incubating startups in the Web3 and blockchain industry, announced the launch of SCB 10X DISTRICTX, a physical space in the middle of Bangkok CBD “to build & foster world-class communities in Blockchain and Web3.”… Read More

December 2, 2022 @ 8:28 pm By Omar Faridi  |  

Cipher Mining, Inc. (Nasdaq: CIFR), a U.S.-based bitcoin mining company, recently announced it has commenced bitcoin mining operations at its Odessa data center in Texas. Tyler Page, CEO, said: “We are delighted to announce that our Odessa data center has begun bitcoin mining operations just… Read More

December 2, 2022 @ 7:30 pm By Omar Faridi  |  

FASTAF, which claims to be an ultrafast delivery startup supported by former NBA star Baron Davis, launches one of the “first” cryptocurrency-powered commerce platforms through partnerships with Stripe and Solana. As noted in the update shared with CI, FastAF says it is the “first” and… Read More

December 2, 2022 @ 4:44 pm By JD Alois  |  

SIM Swap perpetrator Nicholas Truglia has been sentenced to 18 months in prison and ordered to pay $20,379,007 in restitution to the victim of his cryptocurrency theft. Truglia is required to repay the victim within 60 days. Truglia was sentenced yesterday by US District Judge… Read More

December 2, 2022 @ 1:07 pm By JD Alois  |  

According to bankruptcy managers, FTX and most of its subsidiaries are resuming ordinary course payments of salary and benefits to employees worldwide as well as payments to certain non-US contractors and service providers. New FTX CEO John J. Ray III said: “With the Court’s approval… Read More

December 2, 2022 @ 10:56 am By JD Alois  |  

The Depository Trust & Clearing Corporation (DTCC), in partnership with The Digital Dollar Project (DDP) and Accenture, has published a white paper titled “Exploring Post-Trade Security Settlement with a US Central Bank Digital Currency.” The paper outlines the findings of a pilot project exploring how… Read More

December 2, 2022 @ 9:28 am By JD Alois  |  

Tether (USDT), currently the most popular dollar-based stablecoin with a market cap of around $65 billion, has responded to an article in WSJ.com questioning the firm about its stablecoin-issued loans and affiliated risk. In an article published yesterday (December 1, 2022), the author claimed that… Read More

December 1, 2022 @ 11:17 pm By Omar Faridi  |  

The Monetary Authority of Singapore (MAS) has granted a license to MetaComp Pte. Ltd. (f.k.a. Cyberdyne Tech Services Pte. Ltd) “to provide digital payment token services as a Major Payment Institution.” Effective December 2022, MetaComp has been “granted a license under the Payment Services Act,… Read More

December 1, 2022 @ 8:13 pm By Omar Faridi  |  

The DFINITY Foundation, the not-for-profit developing the Internet Computer Protocol (ICP) — the “world’s first” web-speed, internet-scale public blockchain – has announced up to $100K in grants “for female developers and entrepreneurs.” The grants aim at encouraging women “to build on the ICP ecosystem providing… Read More

December 1, 2022 @ 7:47 pm By Omar Faridi  |  

Philcoin, which claims to be one of the largest philanthropic movements, is changing the way crypto users “view and respond to the current bear market.” Despite the conditions and controversies regarding crypto company fallouts, Philcoin launches products “focused on generating individual wealth and empowerment.” Philcoin’s… Read More