Blockchain & Digital Assets

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

The first case of prosecuted insider trading in crypto took an interesting twist this week as the former Coinbase (Nasdaq:COIN) manager accused of abusing his position at the company to trade in advance of news has pleaded guilty to the charges of insider trading. According… Read More

August 3, 2022 @ 11:56 am By JD Alois  |  

Portal, a blockchain firm that has gained the backing of Coinbase Ventures, is raising growth capital on Republic. As it stands today, Portal has raised over $581,000 in less than two weeks. The offering has garnered the backing of 94 investors with just five days… Read More

August 3, 2022 @ 11:18 am By JD Alois  |  

Several US Senators, all members of the Senate Committee on Agriculture, have introduced new bi-partisan legislation targeting the digital asset sector. U.S. Senators Debbie Stabenow, Chairwoman of the Senate Committee and John Boozman, Ranking Member, along with Senators Cory Booker and John Thune have introduced the Digital… Read More

August 3, 2022 @ 9:06 am By Omar Faridi  |  

MicroStrategy Incorporated (Nasdaq: MSTR), which claims to be the largest independent publicly-traded business intelligence company, announced that, as of August 8, 2022, Michael Saylor will “assume the new role of Executive Chairman” and Phong Le, the Company’s President, will also serve as the Company’s new… Read More

August 3, 2022 @ 8:44 am By Omar Faridi  |  

Nomad – a bridge network allowing users to convert their assets across blockchains – was “exploited for over $156.4 million on August 1st.” Over 40 attackers utilized a code error that “allowed them to spoof transactions – draining Nomad’s Ethereum contract of most of its… Read More

August 3, 2022 @ 2:17 am By Omar Faridi  |  

Huobi Group, one of the “leading” digital asset service providers, has completed its registration as a digital currency exchange provider with the Australian Transaction Reports and Analysis Centre (AUSTRAC). This marks “the first step in the company’s push to offer digital currency exchange services in… Read More

August 3, 2022 @ 12:38 am By Omar Faridi  |  

BNB Chain recently announced the 27 finalists of the Most Valuable Builder (MVB) Incubation Program, which is an accelerator program that’s co-led by Binance Labs to offer mentorship and funding “to emerging projects built on top of the BNB Chain.” The MVB Incubation Program aims… Read More

August 2, 2022 @ 10:31 pm By Omar Faridi  |  

StormX (STMX) is currently available via digital asset platform Okcoin. Customers may now deposit, withdraw, and trade STMX tokens via Okcoin. This offer is for “all Okcoin customers except for residents of the EU, the UK, Singapore, and Brunei.” Deposits, withdrawals, and trading are “live… Read More

August 2, 2022 @ 10:28 pm By Omar Faridi  |  

The team at digital assets firm Gemini are pleased to further their partnership with  Australian fund manager Holon Global Investments, “serving as the custodian partner for their unlisted retail Bitcoin (BTC), Ethereum (ETH), and Filecoin (FIL) funds.” The BTC, ETH, and FIL held by the… Read More

August 2, 2022 @ 2:11 pm By JD Alois  |  

The Singapore government has posted a response to questions emanating from Parliament pertaining to the collapse of TerraUSD – LUNA. TerraUSD was an aspiring algorithmic stablecoin that was tied to LUNA. TerraUSD sought to maintain a US dollar peg but failed in its mission, thus… Read More

August 2, 2022 @ 1:17 pm By JD Alois  |  

The New York Department of Financial Services (DFS) has determined that Robinhood Crypto failed to maintain effective bank secrecy act (BSA) and anti-money laundering (AML) compliance in regards to reporting requirements. Adrienne A. Harris, Superintendent of Financial Services, said Robinhood Crypto will pay a $30… Read More

August 2, 2022 @ 10:08 am By JD Alois  |  

Fireblocks, a digital asset services firms that provides custody solutions, has partnered with Tokeny – a top security token platform. According to a company statement, Fireblocks aims to provide the ability for customers to mint and manage permissioned digital assets such as securities and stablecoins…. Read More

August 2, 2022 @ 9:07 am By Omar Faridi  |  

Binance.US supports “responsible” regulation of digital assets by state and federal officials and is “committed to transparency and consumer education,” explains the world’s largest crypto exchange. The statement arrived as the entire industry reviewed claims by the SEC that Coinbase (NASDAQ:COIN) had listed digital asset… Read More

August 1, 2022 @ 9:47 pm By Omar Faridi  |  

The team at digital asset firm Kraken is pleased to confirm that their crypto trading platform now supports Crust Shadow (CSM). Customers may now choose to add CSM to their Kraken accounts by simply “navigating to Funding, selecting the asset, and then Deposit.” Trading will… Read More

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

Apifiny, the global cross-exchange digital asset trading network, recently announced the release of Apifiny Algo V1.1, an advanced crypto trading library in C++ “for High-Frequency Trading (HFT) and latency-sensitive traders.” This solution fully “supports futures trading, paper trading through Binance testnet, and has added Coinbase… Read More

August 1, 2022 @ 7:19 pm By Omar Faridi  |  

Komainu, a regulated digital asset custody provider built by institutions for institutions, today announced provisional regulatory approval from the Government of Dubai’s Virtual Assets Regulatory Authority [VARA] to “commence operational readiness even as the application goes through the warranted due diligence in accordance with VARA… Read More

August 1, 2022 @ 5:35 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has filed charges against Forsage and eleven individuals alleging a cryptocurrency ponzi scam that is said to have pilfered over $300 million from retail investors. According to the SEC’s complaint, in 2020, Vladimir Okhotnikov, Jane Doe aka – Lola… Read More

August 1, 2022 @ 4:38 pm By Omar Faridi  |  

Solana Spaces recently announced the opening of the “first” permanent physical retail, educational, and community space dedicated to Web3 at The Shops at Hudson Yards on Level 2, in Manhattan, New York. Solana Spaces was “founded in 2022 and is based in San Francisco.” Spaces,… Read More

August 1, 2022 @ 10:19 am By JD Alois  |  

Coinshares is reporting that crypto, or digital assets, have booked their 5th consecutive week of inflows after a period of prolonged decline. According to the report, last week digital assets saw $81 million of purchases and a 5 week total of $530 million as investors… Read More

July 31, 2022 @ 8:38 pm By Omar Faridi  |  

FTX Exchange FZE announced that it has received approval “to enter Dubai’s ‘Minimum Viable Product’ (MVP) program for Virtual Assets under the world’s only specialist regime for this sector operated by the Virtual Asset Regulatory Authority (VARA).” As a subsidiary of FTX Europe, FTX Exchange… Read More