Blockchain & Digital Assets

July 12, 2022 @ 8:53 am By Omar Faridi  |  

The Latin American digital asset exchange Bitso has introduced a cryptocurrency remittance service in Colombia. The service, which should enable individual consumers and businesses to send and receive “digital dollars,” is reportedly one of the first crypto-based remittance products offered in Colombia to date, according… Read More

July 12, 2022 @ 8:13 am By Omar Faridi  |  

DeepNFTValue, a machine learning company that uses deep neural networks to price non-fungible tokens (NFTs) and other NFT assets, has announced a $4 million raise led by Rockaway Blockchain Fund, a venture capital firm backing “leading” Web3 founders. The investment round also included contributions from… Read More

July 11, 2022 @ 7:47 pm By Omar Faridi  |  

Cybercriminals have reportedly “duped” a senior engineer at a crypto-based online gaming company, Axie Infinity, into applying for a job at a “fictitious” company. The result: “the loss of $540 million in cryptocurrency,” according to an update shared with CI (and also widely reported). While… Read More

July 11, 2022 @ 7:37 pm By Omar Faridi  |  

Hiro, the “go-to” developer tools company for builders of the Bitcoin economy, is pleased to announce the appointment of Julia Austin to the Board of Directors. Austin, a former technology executive and current Senior Lecturer at Harvard Business School, “brings three decades of experience implementing… Read More

July 11, 2022 @ 5:29 pm By Omar Faridi  |  

  Business sentiment towards cryptocurrencies as a “theme” declined by 8% in Q2 2022 verses Q1 2022, according to the Company Filings Analytics Database by GlobalData. The data and analytics company notes that crypto’s sentiments “have been on the downtrend since Q4 2021.” As part… Read More

July 11, 2022 @ 5:16 pm By Omar Faridi  |  

Jason Fung, former gaming head at TikTok, has launched a new venture for connecting Metaverses. Meta0, an interoperability protocol for connecting Metaverses, recently announced the completion of its litepaper and the appointment of Jason Fung as CEO. Prior to joining and founding Meta0, Jason reportedly… Read More

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

  On Saturday, Coinflex, another crypto trading and yield platform, posted another update on their bleak situation. In June, Coinflex announced that it was temporarily halting all withdrawals as well as trading due to crypto market volatility. Initially, expectations were for t reading to resume… Read More

July 11, 2022 @ 9:42 am By JD Alois  |  

The Bank for International Settlements (BIS) has issued a report on the interoperability of central bank digital currencies or CBDCs. While few countries have issued a CBDC, just about all developed countries, and some developing ones, are investigating the possibility of migrating fiat to a… Read More

July 11, 2022 @ 8:43 am By Omar Faridi  |  

Binance.US, the U.S. partner to the world’s largest crypto exchange and “America’s home” to buy, sell, trade, convert and stake digital assets, recently announced the appointment of Jasmine Lee, a seasoned financial services and technology executive, as Chief Financial Officer. In this role, Jasmine will… Read More

July 11, 2022 @ 8:15 am By Omar Faridi  |  

Via Enfuce’s “turnkey” service, NBX can offer credit and debit cards “with loyalty-boosting crypto rewards.” NBX, which claims to be the “leading” Nordic crypto exchange, has selected Enfuce, one of Europe’s major Fintech companies, “as its card service provider.” The partnership allows NBX “to offer… Read More

July 11, 2022 @ 2:00 am By JD Alois  |  

Anchorage Digital Weathers Crypto Storm Crypto lending and yield platforms have garnered a lot of attention lately due to the troubles at firms like Three Arrow Capital (3AC), Voyager Digital, and Celsius Network. The first two have filed for bankruptcy/liquidation. Celsius remains a bit of… Read More

July 11, 2022 @ 12:49 am By Omar Faridi  |  

Banking Circle, the tech-first payments bank, is shifting the dial in the virtual assets market with a new service for banks and payments businesses. By adding USDC stablecoins to its payment rails for payment acceptance, processing and settlement, Banking Circle is “delivering an easy to… Read More

July 10, 2022 @ 11:47 pm By Omar Faridi  |  

Delio (CEO James Jung), which claims to be a leader in digital asset finance in South Korea, has launched a Crypto Bank service and expanded its business into offering virtual banking services. Since its founding in 2018, Delio claims it has been “leading the Korean… Read More

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

Intain Inc., a blockchain-enabled structured finance platform for issuers and investors to connect in an efficient, secure and trusted way, recently announced “the completion of a round of funding.” The funds will be used “to help scale Intain MARKETS, a structured finance marketplace scheduled for… Read More

July 10, 2022 @ 9:02 pm By Omar Faridi  |  

The Foundation for Interwallet Operability (FIO) has announced that cross-platform AI chatbot Alty has integrated the FIO Protocol. With this partnership, Alty’s 4.2 million+ users can “send, receive, and request any type of cryptocurrency using FIO Protocol-enabled functionality.” The FIO Protocol is “an open-source, decentralized… Read More

July 9, 2022 @ 3:08 pm By Omar Faridi  |  

Wyre, a crypto infrastructure provider, announced an integration with the global on/off-ramp service for digital wallets launched last month by MoneyGram, a key player in the evolution of digital P2P payments, on the Stellar network. This service was introduced with support from the Stellar Development… Read More

July 9, 2022 @ 1:37 pm By Omar Faridi  |  

As part of a self-discipline initiative, China’s leading technology companies have reportedly decided to enforce “real-name” authentication for NFT (or non-fungible token) buyers and also want to help users avoid secondary marketplaces The agreement (not legally binding at the moment) serves as confirmation from the… Read More

July 8, 2022 @ 5:06 pm By JD Alois  |  

Federal Reserve Vice Chair Lael Brainard delivered a speech today for the Bank of England. The topic of discussion was crypto-assets and financial stability, currently a hot subject. Recently, digital asset markets have floundered causing several firms to cease operations. Tanking valuations have raised fears… Read More

July 8, 2022 @ 4:08 pm By JD Alois  |  

Filecoin was an early coin issuing star raising around $200 million in a CoinList-hosted token offering back in 2017. In the past years, the company has periodically issued updates on its progress in creating the world’s largest decentralized storage network. Today, Filecoin is once again… Read More

July 8, 2022 @ 1:19 pm By Omar Faridi  |  

Dequency has introduced its Web3-powered music licensing marketplace, “opening its portal to music rights holders everywhere, having completed a 4-month restricted beta phase.” Dequency is building (what it claims to be) “a unique, decentralized music licensing marketplace for music rights holders and visual creators to… Read More