Blockchain & Digital Assets

June 29, 2022 @ 4:12 am By Omar Faridi  |  

ARK36, the CySec-regulated crypto hedge fund, announced that it has established a Fintech advisory board comprised of global fintech leaders, investment veterans and senior government advisors, and it has “appointed its first fintech advisory board consultants Frank Thorwald, Dr. Mark Moore, Wayne Christian and Lord… Read More

June 28, 2022 @ 9:32 pm By JD Alois  |  

The INX Digital Company (NEO: INXD) has announced a “non-binding memorandum of understanding” (MoU) with Switzerland-based SICPA.  According to a release, the MoU is a step towards partnering on a blockchain solution to enable central bank digital currencies (CBDCs). INX is a digital asset trading… Read More

June 28, 2022 @ 4:52 pm By Omar Faridi  |  

Metaphysiks, a “groundbreaking” immersive technology company combining neuroscience and robotics to create “multisensory” experiences, has announced the completion of its seed funding “to support their advancements in life-like bodily stimulation.” Metaphysiks will contribute “to humanizing the Metaverse, bringing physical and emotional engagement into the digital… Read More

June 28, 2022 @ 4:00 pm By Omar Faridi  |  

SithSwap, a “next-generation” automated market maker (AMM) on StarkNet, has successfully raised $2.65 million at a $25 million valuation in a seed funding round “led by Lemniscap, with participation from Big Brain Holdings, GSR, DWeb3 Capital, Ghaf Capital Partners, as well as angel investors Anthony… Read More

June 28, 2022 @ 1:26 pm By Omar Faridi  |  

Fyllo, which claims to be the leading platform providing data-driven marketing and regulatory solutions to drive new growth, recently announced its expansion into the cryptocurrency vertical. The Fyllo Regulatory Database is available “across the U.S. to help businesses ensure their current and planned cryptocurrency products… Read More

June 28, 2022 @ 1:23 pm By Omar Faridi  |  

The launch of Grit, the “first-ever” blockchain game from the partnership between Epic Games and Gala Games, is seen as a “watershed” event for the mass onboarding of gamers from Web2 to Web3, according to an update from Huobi. However, blockchain games have “not reached… Read More

June 28, 2022 @ 7:45 am By Omar Faridi  |  

Colendi, the embedded Fintech services platform in Turkey and surrounding regions, announced its acquisition of London-based blockchain settlements and payments provider SETL. Launched in 2015, SETL claims to be one of the leading enterprises blockchain companies “known for its high-profile work with selected Central Banks… Read More

June 28, 2022 @ 7:40 am By Omar Faridi  |  

Hamilton Lane (NASDAQ: HLNE) recently announced that Victor Jung is joining the firm as Head of Digital Assets. In this role, Jung will be “responsible for developing and overseeing the execution of the firm’s digital asset strategy.” He will oversee this strategy globally and “report… Read More

June 28, 2022 @ 3:09 am By Omar Faridi  |  

Unstoppable Domains, which claims to be the leading platform for Web3 digital identity with more than 2.4 million registered NFT domains, recently announced an integration with ShapeShift, a “decentralized,” non-custodial cryptocurrency platform “supporting over 5000 assets.” Now, ShapeShift customers will be able “to replace complicated… Read More

June 28, 2022 @ 1:25 am By Omar Faridi  |  

Liminal, a wallet operations infrastructure that secures digital assets, has reportedly surpassed $3 billion in transactions via its platform. Established in 2021, this milestone comes “as a reflection of the company’s capacity to scale in a relatively short amount of time,” according to an update… Read More

June 27, 2022 @ 11:33 pm By Omar Faridi  |  

Coinbase (NASDAQ:COIN) recently announced a faster, easier, and “less expensive” way of sending and receiving cryptocurrency via multiple networks, starting with Polygon, Coinbase’s first L2 integration, and Solana. With the ongoing surge in blockchain usage and increase in gas fees, “the process of sending crypto… Read More

June 27, 2022 @ 11:01 pm By Omar Faridi  |  

MEXC Global, which claims to be a leading digital asset and cryptocurrency trading platform, reveals that it has taken steps towards improving the process of crypto purchases by offering investors in 180 countries the option of buying cryptocurrencies using Visa or Mastercard. Visa and Mastercard… Read More

June 27, 2022 @ 10:23 pm By JD Alois  |  

Last week, CoinFLEX announced it was halting all withdrawals as well as trading due to crypto market volatility. At the time CoinFLEX stated that it did not hold counterparty risk with 3 Arrows Capital (3AC) or any lending firm. 3AC, a crypto hedge fund, has… Read More

June 27, 2022 @ 9:40 pm By JD Alois  |  

Grayscale, a digital asset platform that provides access to retail investors, has posted a letter in advance of the SEC’s 240 day deadline to respond to its request to migrate Grayscale Bitcoin Trust (GBTC) to an exchange-traded fund (ETF). The letter is signed by Michael… Read More

June 27, 2022 @ 5:28 pm By JD Alois  |  

Vertalo, a transfer agent has partnered with Alts.co, an online community for alternative assets. According to a release from the companies, this partnership aims to simplify Alts.co’s investor onboarding process while providing a path to secondary liquidity on an Alternative Trading System (ATS). A listing… Read More

June 27, 2022 @ 4:02 pm By JD Alois  |  

Sam Bankman-Fried is acting once again to take advantage of significantly lower valuations in a struggling marketplace. Rumors claim that Bankman-Fried is looking to purchase Robinhood via his crypto exchange FTX. While no deal yet, the rumblings have caused shares in Robinhood (NASDAQ:HOOD) to rise… Read More

June 27, 2022 @ 2:38 pm By JD Alois  |  

Tether is out with a statement regarding its dollar based stablecoin USD₮. The commentary by Tether may be in response to an interview with SEC Chairman Gary Gensler that took place on CNBC this morning when Tether was discussed by name with Gensler comparing stablecoins… Read More

June 27, 2022 @ 2:08 pm By JD Alois  |  

Three Arrows Capital (3AC) has defaulted on a $670 million loan. Voyager Digital  (TSX: VOYG) (OTCQX: VYGVF) , a digital asset firm that had previously warned it had exposure to 3AC in regards to 15,250 Bitcoin (~$308 million) and $350 million (USDC) for over $650… Read More

June 27, 2022 @ 10:24 am By JD Alois  |  

Shares in crypto exchange Coinbase (NASDQ:COIN) have dropped by over 9% today to around $56/share following a downgrade from Goldman Sachs. Coinbase is not quite at its 52-week low of around $40 a share but they are far off its 52-week high of over $368… Read More

June 27, 2022 @ 9:21 am By Omar Faridi  |  

Impel and the XDC Network (XinFin) recently announced the launch of Impel, an alternative solutions platform for quickly and securely “sending ISO 20022-compliant financial messages.” It includes the option “to add $XDC as collateral for instant settlement and a bridge to the R3 Corda platform… Read More