Blockchain & Digital Assets

July 20, 2022 @ 4:22 pm By JD Alois  |  

Today, the Financial Services and Markets Bill was introduced to Parliament in the UK. The legislation will replace “hundreds of pieces of EU retained law” as the UK moves beyond the oversight in Brussels. The aim of the bill is to establish a “coherent, agile… Read More

July 20, 2022 @ 12:57 pm By Omar Faridi  |  

Binance Pay, a contactless, borderless, and secure user-to-user cryptocurrency payment feature by Binance, announced its partnership with Bolt Global, a technology company that builds platforms and services “for the next generation of the internet.” The partnership will “allow Binance users from over 150 countries to… Read More

July 20, 2022 @ 12:22 pm By JD Alois  |  

Bitcoin is in rally mode after several weeks of gloom. At the moment, Bitcoin is trading above $24,000 – the first time since the 2nd week of June. The rise in valuation is being joined by other cryptocurrencies as well as traditional securities. Marcus Sotiriou,… Read More

July 20, 2022 @ 12:11 pm By JD Alois  |  

The INX Digital Company (NEO: INXD) will enable an online funding round for Trucpal, a blockchain-based SaaS platform serving the Chinese freight market. The digital security offering will commence next week with the token, then trading on the INX marketplace, a regulated alternative trading system… Read More

July 20, 2022 @ 10:50 am By JD Alois  |  

Blockdaemon has acquired Sepior, according to a company statement. Blockdaemon is a blockchain enabler providing the infrastructure for firms to leverage the technology. Sepior is a data and digital asset security company that provides institutional-grade cryptographic key management and protection. Blockdaemon did not disclose the… Read More

July 20, 2022 @ 8:30 am By Omar Faridi  |  

Anchorage Digital and the Institute of Electrical and Electronics Engineers (IEEE) Portugal Section are pleased to announce a partnership “focused on educating the next generation of engineers and technologists about blockchain, distributed systems, and cryptography.” Together, Anchorage and IEEE Portugal (with more than 1,300 members… Read More

July 20, 2022 @ 7:40 am By Omar Faridi  |  

Digital asset firm Gemini  recently revealed that they’ve become the first company to be registered as a Virtual Asset Service Provider (VASP) by the Central Bank of Ireland. Their VASP registration comes on “the heels of [their] Electronic Money Institution (EMI) authorization in February of… Read More

July 19, 2022 @ 10:27 pm By Omar Faridi  |  

Meow, the compliant crypto yield offering for corporate treasuries, recently announced it has closed on $22 million in Series A financing. The investment round was “led by Tiger Global, with participation from QED Investors, leading cryptocurrency exchange FTX, and others, and will be used to… Read More

July 19, 2022 @ 9:51 pm By Omar Faridi  |  

Paystand, which claims to be the leader in blockchain-enabled B2B payments, introduced the “world’s first” dynamic discounting application “designed for seller accounts receivable (AR) teams and powered by Ethereum smart contracts.” This is the first solution “to enable seller AR teams to offer buyer accounts… Read More

July 19, 2022 @ 5:24 pm By JD Alois  |  

ZEBEDEE has closed on a $35 million Series B funding round, according to a company statement. The funding was led by Kingsway Capital and merchant bank The Raine Group as well as video-game giant Square Enix. Existing investors participating include Lakestar and Initial Capital. ZEBEDEE… Read More

July 19, 2022 @ 11:13 am By JD Alois  |  

Mike Novogratz, founder of Galaxy Digital Holdings, billionaire, and crypto bull, says he got it wrong about the crypto industry as several firms have collapsed and digital asset valuations have tanked. Novogratz was also a big supporter of TerraUSD/LUNA – the failed algorithmic stablecoin concoction…. Read More

July 19, 2022 @ 9:30 am By JD Alois  |  

Skybridge Capital, an investment firm founded by Anthony Scaramucci, has halted redemptions on its Legion Fund. First reported by Bloomberg, the Legion Fund holds crypto assets as well as investments in private firms like FTX. The fund is said to be pausing withdrawals as private… Read More

July 19, 2022 @ 9:06 am By JD Alois  |  

Three Arrows Capital (3AC) is shouldering part of the blame for the crypto contagion that has wreaked havoc on digital asset markets. The crypto hedge fund stumbled, and then imploded when crypto valuations rapidly declined – most dramatically represented by the collapse of TerraUSD/LUNA, an… Read More

July 18, 2022 @ 10:27 pm By JD Alois  |  

Celsuis held its first hearing in bankruptcy court, publishing a presention that highlights the grim decline in value of its crypto holdings in just a few weeks. According to a presentation, as of March 30, 2022, Celsius helld over $22 billion in assets. That amount… Read More

July 18, 2022 @ 9:31 pm By Omar Faridi  |  

At Unstoppable Domains, they’re working to onboard the world to Web3, and that means “making it easier for people to use crypto.” They’re thrilled to announce that they’re partnering with MoonPay, which claims to be one of the world’s “leading” Web3 infrastructure companies. Now, people… Read More

July 18, 2022 @ 5:57 pm By Omar Faridi  |  

Digital asset firm Gemini recently revealed their upcoming partnership with the Pyth network in order to “bring accurate and trusted on-chain market data to users across the globe.” As a data publisher to Pyth, Gemini is delighted “to continue contributing to the growth of the… Read More

July 18, 2022 @ 5:17 pm By Chris Sloan  |  

  Non-fungible tokens, commonly called NFTs for short, have become an increasingly popular digital asset, especially in light of some eye-popping sale transactions involving Jack Dorsey’s first tweet, Bored Ape NFTs, NBA Top Shots Moments, and a number of other digital works of art. However,… Read More

July 18, 2022 @ 3:59 pm By JD Alois  |  

The Commodity Futures Trading Commission (CTFC) has issued a statement regarding U. S. District Court for the Southern District of New York entering a consent order on for a permanent injunction, monetary sanctions, and disgorgement of ill-gotten proceeds against Jimmy Gale Watson of Dallas, Texas…. Read More

July 18, 2022 @ 3:46 pm By Omar Faridi  |  

OKX, which claims to be one of the leading crypto trading apps, recently announced that it has been granted a provisional virtual assets (VA) license “to provide services to qualified investors in the UAE.” Granted by the Dubai Virtual Assets Regulatory Authority (VARA), OKX’s provisional… Read More

July 18, 2022 @ 1:27 pm By JD Alois  |  

Itaú Unibanco, a Brazilian digital bank, has launched Itaú Digital Assets as it targets the crypto asset sector of finance. The bank has created a dedicated web page for Itaú Digital Assets indicating its mission to tokenize, issue, and trade digital assets as well as… Read More