Blockchain & Digital Assets

September 26, 2022 @ 9:27 am By Omar Faridi  |  

Ripple, the provider of enterprise blockchain and crypto solutions, announced that I-Remit, the largest non-bank remittance service provider in the Philippines, will “expand its use of Ripple’s On-Demand Liquidity (ODL) solution to improve its cross-border treasury flows.” As a partner of Ripple since 2018, I-Remit… Read More

September 26, 2022 @ 8:42 am By JD Alois  |  

Tokeny, a leading security token platform based in Luxembourg, has partnered with Ownera to leverage its global inter-trading network to boost security token liquidity. The Ownera FinP2P network is based on the open-source FinP2P protocol. While most industry observers believe that all securities will become… Read More

September 26, 2022 @ 8:23 am By Omar Faridi  |  

Revolut, the global financial super app with more than 20 million customers worldwide,  announced that it has “expanded its crypto offering to launch 29 new tokens for US* users, via a new partnership with Apex Crypto.” Customers can now “buy and sell a total of… Read More

September 25, 2022 @ 11:57 pm By Omar Faridi  |  

The team at digital asset firm Coinbase (NASDAQ:COIN) reveals that they’ve registered with the Dutch Central Bank (De Nederlandsche Bank — DNB) as a crypto service provider. This registration will “allow Coinbase to offer our full suite of retail, institutional, and ecosystem products to customers… Read More

September 25, 2022 @ 10:43 pm By Omar Faridi  |  

ParallelChain Lab, an enterprise-grade blockchain-as-a-service provider that combines high performance with censorship-resistant characteristics, announced it has secured a $50 million financing commitment from GEM Digital. This token subscription facility is “dedicated to funding ParallelChain’s continuous innovation and ecosystem growth following the launch of its mainnet… Read More

September 25, 2022 @ 9:39 pm By Omar Faridi  |  

STEPN, a Web3 lifestyle app that leverages tokenized incentives based on blockchain networks to encourage people to be active outdoors, recently celebrated its first anniversary amongst community members. Over the past year, the company “raised $5 million from investors, expanded to over 4.72 million users… Read More

September 25, 2022 @ 8:24 pm By Omar Faridi  |  

This month, Artory announced two major projects that deliver the benefits of the Algorand Blockchain to the traditional art market: the blockchain registration of Provenance Revealed: Galerie Steinitz in partnership with Christie’s and the launch of “a diversified and tokenized art fund which will secure… Read More

September 25, 2022 @ 5:19 pm By Omar Faridi  |  

OKX, which claims to be the world’s “second-largest” cryptocurrency exchange, announced the launch of OKX Lite, a simplified version of its trading app that “makes it easy for users to buy, sell, swap and put their crypto to work.” With a more streamlined look and… Read More

September 25, 2022 @ 4:54 pm By Omar Faridi  |  

Lars Seier Christensen, chairman of the Swiss non-profit Concordium Foundation and a global “pioneer” in FX and derivatives trading, has announced further investment in the ecosystem around Concordium Blockchain to the tune of 10 million Euros. Determined to help grow an ecosystem in which he… Read More

September 25, 2022 @ 3:10 pm By JD Alois  |  

California state legislation focusing on cryptocurrency has been vetoed by Governor Gavin Newsom. The bill,  A.B. 2269, had passed the California Assembly and was presented to the Governor on September 12, 2022. The legislation was vetoed this past Friday (September 23, 2022). The Governor published… Read More

September 25, 2022 @ 2:42 pm By Omar Faridi  |  

Fragnova recently announced that Ambal Duels, a “free-to-play” strategy card game, will be the “first” blockchain-enabled game to be “built using the platform’s unique game development engine, Claymore.” Using blockchain technology means the game will “have immutable assets and modding functionalities, allowing the community to… Read More

September 24, 2022 @ 7:41 pm By Omar Faridi  |  

The Defense Advanced Research Projects Agency (DARPA) has awarded Inca Digital‘s government contracting division, Inca Digital Federal, a Phase II Small Business Innovation Research (SBIR) contract “to research advanced methods for analyzing activity related to financial applications of distributed ledgers in a project called: ‘Mapping… Read More

September 23, 2022 @ 7:17 pm By Omar Faridi  |  

Calypso Pay, an all-in-one crypto processing & acquiring platform, implemented support for recurring payments and subscriptions in crypto. Now Calypso Pay customers can “integrate subscription payment widgets on their website.” Zuora’s Subscription Economy Index report reveals that “the subscription economy grew by more than 435%… Read More

September 23, 2022 @ 6:00 pm By JD Alois  |  

The US Internal Revenue Service (IRS), the tax authority of the US, has received a Court Order to be able to summons records pertaining to US taxpayers who may have failed to report and pay taxes on crypto transactions. According to the Department of Justice… Read More

September 23, 2022 @ 4:40 pm By JD Alois  |  

The Financial Stability Oversight Council held a meeting today, and part of the discussion revolved around digital assets. In the readout, the Council noted that Treasury staff provided an update on digital assets and the report that is being prepared following the recent Executive Order on… Read More

September 23, 2022 @ 3:42 pm By JD Alois  |  

Raisin, a European savings optimizer service that also operates in the US, has announced Raisin Crypto with the new offering first being launched in Germany under the Weltsparen brand. Raisin operates in the US under the SaveBetter brand. The Berlin-based Fintech crypto offering is designed… Read More

September 23, 2022 @ 12:03 pm By JD Alois  |  

Celsius, a crypto company that collapsed into bankruptcy in spectacular fashion, has had a discussion pertaining to its failure leaked on the internet. Posted by Tiffany Fong, she has also included a transcription of the audio as well as her opinion of the discussion. Apparently,… Read More

September 23, 2022 @ 11:54 am By JD Alois  |  

Coinsquare, a Canadian crypto exchange that is the oldest digital asset firm in the country, has agreed to acquire CoinSmart – a crypto marketplace that is registered with the Ontario Securities Commission. The combination of the two firms will create the largest crypto exchange in… Read More

September 23, 2022 @ 11:42 am By Omar Faridi  |  

Over 300 million people around the world have crypto assets in their investment portfolio, “a number that is set to double by 2025,” according to an update shared with CI. Helping them stay on top of their regulatory responsibilities, crypto tax reporting app Binocs is… Read More

September 22, 2022 @ 10:02 pm By JD Alois  |  

The Commodity Futures Trading Commission (CFTC) has filed and settled charges against bZeroX and founders Tom Bean and Kyle Kistner. The CFTC alleges that respondents illegally offered leveraged and margined retail commodity transactions in digital assets. The CFTC states that the activity can only be… Read More