Blockchain & Digital Assets

May 27, 2022 @ 10:36 am By JD Alois  |  

A group of Republican US Senators has introduced legislation designed to knee-cap the digital yuan – a Central Bank Digital Currency (CBDC) that is already in use – albeit on a limited basis. Senators Tom Cotton, Marco Rubio, and Mike Braun have revealed the “Defending… Read More

May 27, 2022 @ 8:40 am By Omar Faridi  |  

Elliptic, an international firm focused on crypto-asset risk management, has announced J.P. Morgan as an additional investor “as part of its recent $60 million Series C funding round led by Evolution Equity Partners and including SoftBank Vision Fund 2, AlbionVC, Digital Currency Group, Wells Fargo… Read More

May 26, 2022 @ 11:56 pm By Omar Faridi  |  

CoinDCX, which claims to be one of India’s largest and the “most valuable” crypto companies, has announced the launch of its new crypto yield program, ‘Earn’, which is described as a new way for CoinDCX’s customers “to put their crypto to work and earn interest… Read More

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

DeFiYield.app, a cross-chain decentralized security network and multi-chain digital asset management platform, announced that it has added Cardano-based DeFi protocols SundaeSwap and Minswap to its platform – “making it the first ever yield farming dashboard to integrate with the Cardano blockchain.” The new offering will… Read More

May 26, 2022 @ 9:37 pm By Omar Faridi  |  

Paystand, a key player in blockchain-powered B2B payments, and the maker of the fast-growing Payment SuiteApp for NetSuite AR, has announced new automatic billing and payment features “to provide a faster, simpler, and better customer and user experience.” The product offerings work with Paystand’s current… Read More

May 26, 2022 @ 6:55 pm By Omar Faridi  |  

Thanks to the integration, 1INCH holders will be able “to book millions of products on the leading crypto-friendly travel website.” In a move set to boost the 1INCH token adoption, the 1inch Network is pleased to announce a partnership with Travala.com, which claims to be… Read More

May 26, 2022 @ 6:52 pm By JD Alois  |  

Bitex has been purchased by Huobi Global, according to a company statement. Bitex is the first crypto exchange to operate in Latin America and currently has a presence in Argentina, Uruguay, Paraguay, and Chile. The terms of the deal were not disclosed. Huobi Group already… Read More

May 26, 2022 @ 6:30 pm By Omar Faridi  |  

Gaming Fintech ZEBEDEE and MoonPay, the international crypto payments infrastructure provider, has announced the integration of MoonPay’s services into the ZEBEDEE app for Bitcoin gaming, “allowing gamers to top up their Bitcoin balance with credit or debit cards without ever leaving ZEBEDEE.” The worlds of… Read More

May 26, 2022 @ 1:27 pm By Omar Faridi  |  

Rarible Protocol, the open source and multi-chain NFT protocol, is integrating with Immutable X’s Layer 2 (L2) scaling solution on Ethereum. This collaboration will “enable projects building upon the protocol to instantly trade high-quality gaming NFTs on Ethereum via Immutable X, without any gas fees… Read More

May 26, 2022 @ 11:24 am By Omar Faridi  |  

Doppel, a real-time, cross-chain monitoring service for detecting NFT fraud and counterfeits, recently announced the close of a $5 million seed investment round led by FTX Ventures. Additional participants in the seed round reportedly “include Solana Ventures, Polygon Studios, OpenSea Ventures, Dapper Labs, SV Angel,… Read More

May 26, 2022 @ 11:20 am By JD Alois  |  

BitMEX, perhaps best known for its leverage crypto derivative trading, recently launched its spot trading platform to enter a new line of business. In a company statement today, BitMEX shares that ten days after spot trading went live it has topped $24 million in daily… Read More

May 26, 2022 @ 10:22 am By Omar Faridi  |  

Blockchain Intelligence Group, a global cryptocurrency compliance and intelligence company, owned by BIGG Digital Assets Inc. (CSE: BIGG), announces full support for both the Dash and Dogecoin cryptocurrencies “in its data tools ecosystem.” Exchanges, banks and law enforcement now can “track and trace, and risk… Read More

May 26, 2022 @ 7:50 am By JD Alois  |  

Below is the prepared statement issued by Fed Vice Chair Lael Brainard published in advance of the House Committee on Financial Services hearing scheduled for later today. As was previously reported, Brainard will review the topic of Central Bank Digital Currencies (CBDCs) and the potential… Read More

May 26, 2022 @ 7:36 am By JD Alois  |  

Lael Brainard, the Vice-Chair of the Board of Governors at the US Federal Reserve, will testify today at the House Committee on Financial Services on the hot topic of Central Bank Digital Currencies (CBDCs). The Fed is currently researching the viability of a digital dollar… Read More

May 26, 2022 @ 7:12 am By Omar Faridi  |  

  London-based Nickel Digital Asset Management (Nickel), a regulated crypto hedge fund manager, has “outperformed the S&P500 since January 2020, despite the initial strong performance of equities during the COVID period.” As noted in an update shared with CI, its Digital Asset Arbitrage Fund had… Read More

May 26, 2022 @ 3:07 am By Omar Faridi  |  

Zumo, the Edinburgh-based crypto wallet and payments platform, has announced the launch of Zumo Enterprise, its new B2B ‘Crypto-as-a-Service’ solution that “enables companies to offer crypto products and services to their customers.” The “first of its kind” in the UK, Zumo Enterprise is “the market’s… Read More

May 26, 2022 @ 1:24 am By Omar Faridi  |  

RELAI, the savings and investment app, has secured €2,159,470 in capital as part of its latest funding round. After a strong private phase, which saw €1.2m invested by the likes of Redalpine, “more than 850 investors have joined the table, contributing an additional €970,000, surpassing… Read More

May 25, 2022 @ 10:19 pm By Omar Faridi  |  

Babel Finance, the wholesale crypto financial services provider, recently announced the completion of a $80 million Series B financing round “at a valuation of $2 billion.” The main investors in this investment round “include Jeneration Capital and 10T Holdings, as well as existing shareholders Dragonfly… Read More

May 25, 2022 @ 2:51 pm By Omar Faridi  |  

Mercado Bitcoin, which claims to be the largest exchange in Latin America, has teamed up with the Stellar Development Foundation (SDF) in order to develop one of the nine projects selected for the LIFT Challenge Real Digital, “a collaborative environment carried out by the Central… Read More

May 25, 2022 @ 10:43 am By Omar Faridi  |  

Bitfrost, the fintech ecosystem that supports financial institutions in their adoption and management of digital assets, announced its successful registration “as a Virtual Assets Service Provider (VASP) with the Gibraltar Financial Services Commission (GFSC).” Now, Bitfrost can “provide clients with access to fiat-to-crypto, crypto-to-fiat and… Read More