Blockchain & Digital Assets

May 25, 2022 @ 10:30 am By Omar Faridi  |  

Global Blockchain Business Council – the international industry association for the blockchain technology ecosystem – has announced a merger with market standards association for the adoption of cryptocurrencies and digital assets, Global Digital Finance (GDF). The merger sees the two organizations “join their respective resources,… Read More

May 25, 2022 @ 9:28 am By Omar Faridi  |  

Since the advent of computing in the 1940s, there has been a “major computing cycle” every 10-15 years, including PCs in the ‘80s, the internet in the ‘90s, and mobile computing in the ‘00s. The team at Andreessen Horowitz believes that blockchains will “power the… Read More

May 25, 2022 @ 7:20 am By JD Alois  |  

Buenbit, an Argentinian crypto exchange that also operates in Mexico and Peru, has announced layoffs due to the sagging market. In a series of Tweets, founder Federico Ogue revealed the news. Querida comunidad,Hoy les vengo a contar una noticia que me duele mucho. Dado un… Read More

May 25, 2022 @ 5:58 am By Omar Faridi  |  

The Giving Block, a Shift4 company, has announced the launch of the “Miami Impact Index Fund”, a fund that enables donors “to give to numerous local nonprofit organizations with a single crypto donation.” The Giving Block claims to be a leader in crypto philanthropy, “making… Read More

May 25, 2022 @ 12:57 am By Omar Faridi  |  

CertiK, the international provider of smart contract and blockchain security, has released its latest report on the state of security in Web3 for Q1 2022. The report provides insights into the future of Web3 following the “greatest” losses in existence, closing out a surge in… Read More

May 24, 2022 @ 11:19 pm By Omar Faridi  |  

OneMarketData, LLC (OMD), a key player in tick data management and analytics, recently revealed that ECXX, an asset based digital securities exchange, has chosen OneTick Trade Surveillance. ECXX is a digital asset exchange platform developed for professional traders and accredited investors, enabling clients to purchase… Read More

May 24, 2022 @ 7:18 pm By Omar Faridi  |  

Mercuryo, the cryptocurrency payments firm, has revealed that it has hit 3 million users globally. The key milestone represents an acceleration in growth for the London-based business, having reached 2 million clients only four months back (in January of this year). Mercuryo is an international… Read More

May 24, 2022 @ 6:41 pm By Omar Faridi  |  

ShareRing, a digital identity blockchain/DLT ecosystem enabling seamless access through a suite of L2 iD protocols, has announced the launch of a Multichain bridge (BEP20 to ERC-20 tokens transfer now live). ShareToken is currently available via Binance Chain, BNB Smart Chain, Ethereum, and ShareLedger. ShareLedger… Read More

May 24, 2022 @ 6:38 pm By Omar Faridi  |  

BUD, a Metaverse user-generated platform, recently announced its $36.8M Series B round led by Sequoia Capital India “with participation from ClearVue Partners, NetEase and Northern Light Venture Capital.” Existing investors GGV Capital, Qiming Venture Partners and Source Code Capital also participated in the investment round…. Read More

May 24, 2022 @ 12:47 pm By JD Alois  |  

Noelle Acheson, Head of Market Insights at Genesis, has distributed some perspective on why crypto correlations spike during times of “uncertainty.” Markets have been in a tumble – both crypto and traditional markets have retrenched as fears of a looming recession along with Giga high… Read More

May 24, 2022 @ 8:43 am By JD Alois  |  

Contagion is a scary term. Systemic risk is its friendlier sibling but both raise eyebrows. Today, the European Central Bank (ECB) is bringing attention to the possibility of crypto contagion as interest grows in digital assets and recent events highlight the ability for a rapid… Read More

May 24, 2022 @ 7:41 am By Omar Faridi  |  

Binance UK is pleased to confirm their partnership with the UK’s Fintech Founders group, an independent not-for-profit organization representing the United Kingdom’s entrepreneurs and founders in the Fintech industry. As an international “leader” in the crypto-asset sector, Binance is committed “to working with associations and… Read More

May 24, 2022 @ 1:04 am By Omar Faridi  |  

Nomura Holdings, Inc. (NHI) recently announced the creation of a new digital asset company that will “offer institutional clients a comprehensive suite of trading, investor products and investment services.” Due to launch later this year, the new digital asset company will “provide institutional clients and… Read More

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

Digital securities marketplace ADDX has raised USD $58 million in a “pre-Series B” round. The additional funding brings the total raised since inception to $120 million. New shareholders in ADDX include SET Venture Holding – part of the Stock Exchange of Thailand, UOB, Hamilton Lane… Read More

May 23, 2022 @ 9:58 pm By Omar Faridi  |  

Coins.ph, the Philippines’ fiat and crypto wallet services provider and Joffre Capital portfolio company recently announced the completion of a $30 million Series C financing led by Ribbit Capital, and “joined by other strategic investors.” The new capital will be used “to further expand its… Read More

May 23, 2022 @ 6:09 pm By JD Alois  |  

  Coinshares has distributed its weekly report on digital asset activity and according to their numbers, last week saw a $141 million outflow in digital assets. Coinshare states that currently total assets under management now stand at $38 billion – the lowest amount since July… Read More

May 23, 2022 @ 3:23 pm By Omar Faridi  |  

The team at Kraken is pleased to confirm that the crypto trading platform now supports Civic (CVC), Radicle (RAD) and SuperFarm (SUPER). As confirmed in the update, funding is live, and trading was scheduled to begin on May 19, 2022 “at approximately 14:30 UTC.” Kraken… Read More

May 23, 2022 @ 10:34 am By JD Alois  |  

Calvin Cheng, a former Singapore member of Parliament, investor, and entrepreneur, has gained a provisional Virtual Asset License in Dubai, according to a statement from the company. Cheng has reportedly formed the first regulated non-fungible token (NFT) and fan token investment holding company in Dubai…. Read More

May 23, 2022 @ 9:37 am By Omar Faridi  |  

Digital asset firm Gemini recently noted that they are pleased to confirm support for a new set of crypto tokens. Goldfinch (GFI) is now “available for trading on our API/FIX and ActiveTrader applications for USD trading pairs, and on [their] Gemini Mobile App and website… Read More

May 23, 2022 @ 12:45 am By Omar Faridi  |  

Aave Companies recently announced the launch of Lens Protocol, an open-source tech stack for “building decentralized social networking applications.” Lens has been launched on Polygon’s “low-cost” and “eco-friendly” blockchain . Using Lens’ open-source blockchain tech, developers can now “build Web3-powered social media apps, marketplaces, recommendation… Read More