Blockchain & Digital Assets

July 26, 2022 @ 11:27 pm By Omar Faridi  |  

Tech firm Bloom recently announced that their members may get spending rebates in the form of virtual currency. This move should see the Bloom App become one of Hong Kong’s first-ever spending apps that supports digital currency rebates for Visa card transfers made in Hong… Read More

July 26, 2022 @ 10:35 pm By Omar Faridi  |  

UK-based banking institution Barclays has reportedly taken a stake in Copper via the cryptocurrency custody company’s recent funding round and has invested substantially even though there’s less enthusiasm for volatile crypto-assets. This, according to an update from Sky News. Established back in 2018, Copper offers… Read More

July 26, 2022 @ 5:13 pm By JD Alois  |  

Is there a thaw in the much-discussed crypto winter? If you are following crypto markets, you know rather well that digital assets have tanked in 2022, dropping from all-time high valuations of around $3 trillion to under $1 trillion. Much of the decline can be… Read More

July 26, 2022 @ 1:17 pm By Omar Faridi  |  

Ripple, which claims to be the leader in enterprise blockchain and crypto solutions,  announced a partnership with Singapore-based major payments institution FOMO Pay, which will “utilize Ripple’s crypto-enabled enterprise technology to improve its cross-border treasury flows.” On-Demand Liquidity (ODL) leverages XRP, the digital asset “built… Read More

July 26, 2022 @ 8:57 am By JD Alois  |  

Coinbase (NASDAQ:COIN) recently worked with the Securities and Exchange Commission (SEC) to pursue an insider action investigation that ended up with three individuals, including a former Coinbase manager, being hit with a lawsuit by the SEC as well as parallel criminal charges from the US… Read More

July 25, 2022 @ 11:29 pm By Omar Faridi  |  

In October 2021, Beam introduced “confidential” non-fungible tokens (NFTs) to the BeamX private DeFi ecosystem, kicking it off with the Beam Halloween NFT Competition. An NFT marketplace followed suit “in the form of the NFT Gallery DApp in Beam Wallet.” The launch was “strongly” supported… Read More

July 25, 2022 @ 6:48 pm By JD Alois  |  

As part of a virtual presentation today hosted by the Brookings Institution, CFTC Chairman Rostin Behnam delivered a speech addressing crypto regulation. As any follower of the digital asset sector will understand, regulation of crypto remains a bit opaque After a round-up of the developing… Read More

July 25, 2022 @ 6:10 pm By Omar Faridi  |  

The team at Zipmex noted in an update on July 22, 2022 that “just now, trade wallet withdrawals were re-enabled for our Global and Singapore users.’ Zipmex further revealed that they’re “working diligently with [their] partners so as to re-enable [their] withdrawal functionality to all… Read More

July 25, 2022 @ 3:27 pm By Omar Faridi  |  

ShapeShift is pleased to announce the launch of “Alpha”, a new version of their open-source web app that “provides analytics and user input to the DAO so that we can continue to provide the best user experience.” This new version “utilizes Pendo and allows ShapeShift… Read More

July 25, 2022 @ 12:25 pm By Omar Faridi  |  

Irena Mihova joins Shyft Core’s top brass with industry experience “spanning more than a decade.” Shyft Network, the public protocol known for validating identity and power compliance directly into blockchain data, has “appointed industry veteran Irena Mihova, a widely regarded marketing disruptor, brand innovator, business… Read More

July 25, 2022 @ 9:44 am By JD Alois  |  

As was reported earlier, FTX has sent a proposal to Voyager Digital to effectively take over the company’s accounts while leaving the Three Arrows Capital (3AC) loans within the recovery process. FTX would open new accounts for remaining Voyager Digital account holders – potentially funding… Read More

July 25, 2022 @ 9:10 am By JD Alois  |  

Bitfinex, Tether, and Hypercore have joined to launch Holepunch, a platform described as enabling creators to build secure peer-to-peer apps. Holepunch is currently closed source and in alpha testing. The company anticipates moving to open source code in Q4 of 2022. Tether is a leading… Read More

July 25, 2022 @ 8:20 am By Omar Faridi  |  

The FBI recently issued a Public Service Announcement to “warn American citizens about a cryptocurrency scam using an investment strategy called Liquidity Mining in which scammers exploit owners of cryptocurrency, typically Tether (USDT) and/or Ethereum (ETH).” The scammer “builds a professional or personal relationship with… Read More

July 24, 2022 @ 10:41 pm By Omar Faridi  |  

Crypto.com, which claims to be one of the world’s “fastest -growing” cryptocurrency platforms, recently announced that it has received registration and regulatory approval from the Organismo Agenti e Mediatori (OAM) in Italy as “a provider of virtual currency and digital wallet services.” This approval will… Read More

July 24, 2022 @ 8:53 pm By JD Alois  |  

Last week, the  Securities and Exchange Commission filed a lawsuit against the perpetrators of an alleged insider trading scam utilizing privileged information from Coinbase. A former Coinbase manager, along with two co-conspirators, have been charged as well. The former Coinbase manager, Ishan Wahi, his brother… Read More

July 24, 2022 @ 8:40 pm By Omar Faridi  |  

Huobi Group, which claims to be one of the world’s leading financial services providers specializing in cryptocurrencies and related products, recently announced that it has been granted MVP provisional approval by the Dubai Virtual Assets Regulatory Authority (VARA) on July 15, 2022, while it “undertakes… Read More

July 24, 2022 @ 7:27 pm By Omar Faridi  |  

FTX Trading Ltd., owner and operator of FTX.com, a global cryptocurrency exchange, recently announced a joint offer with West Realm Shires Inc., the owner and operator of FTX US, and Alameda Ventures Ltd, “to provide early liquidity to customers of Voyager Digital, LLC, which filed… Read More

July 24, 2022 @ 2:52 pm By JD Alois  |  

Blockchain.com is joining a handful of other crypto firms that have cut jobs while slowing its expansion. As has been widely reported, Blockchain.com will let go approximately 150 employees or about 25% of its staff while shuttering an office in Argentina and slowing growth of… Read More

July 24, 2022 @ 2:48 pm By Omar Faridi  |  

The team at digital asset firm Kraken is pleased to announce that their crypto trading platform now supports new margin pairs “for Bitcoin (BTC), Ripple (XRP), Ethereum (ETH), Polygon (MATIC), Chainlink (LINK), Dogecoin (DOGE), Solana (SOL) and Decentraland (MANA)!” Margin trading is now available for… Read More

July 23, 2022 @ 12:11 pm By Omar Faridi  |  

21Shares AG, which claims to be the largest issuer of cryptocurrency exchange traded products (ETPs), recently announced the listing of two new ETPs on SIX Swiss Exchange, to offer investors “exposure to the largest cryptocurrencies – Bitcoin and Ethereum – while targeting less volatility.” These… Read More