Blockchain & Digital Assets

August 21, 2022 @ 9:05 pm By JD Alois  |  

The Australian Securities and Investment Commission (ASIC) has posted its Corporate Plan, which seeks to chart its course over the next four years. As one may anticipate, it is heavy on tech-related items, including crypto or digital assets. Joseph Longo, Chair of ASIC, states in… Read More

August 21, 2022 @ 8:02 pm By Omar Faridi  |  

The team at Gemini are pleased to announce the launch of Gemini Staking, which allows you to seamlessly “receive staking rewards in [their] Gemini account.” As of August 18, you may “start staking MATIC on the Polygon network.” Ethereum (ETH), Solana (SOL), Polkadot (DOT), and… Read More

August 21, 2022 @ 6:36 pm By JD Alois  |  

DAM Finance (or dPRIME Asset Modules Finance) has raised a $1.8 million pre-seed found that was led by Digital Finance Group and Jsqare. Other investors included; Arrington Capital, Ledgerprime, D1 Ventures, 11-11 Capital, Stacker Ventures and “prominent angels within the Dotsama community.” DAM is creating… Read More

August 21, 2022 @ 6:27 pm By Omar Faridi  |  

BIGG Digital Assets Inc. (CSE: BIGG), owner of Netcoins (Netcoins.ca), the online cryptocurrency brokerage that makes it “easy” for Canadians to buy, sell, and understand cryptocurrency, and owner of Blockchain Intelligence Group (blockchaingroup.io), a developer of blockchain technology search, risk-scoring and data analytics solutions, is… Read More

August 19, 2022 @ 10:17 pm By Omar Faridi  |  

Ripple, the provider of enterprise blockchain and cryptocurrency solutions, announced the launch of RippleNet’s On-Demand Liquidity (ODL) in Brazil with Travelex Bank, “the first bank in Latin America to utilize ODL.” Travelex is the first bank registered and “approved by the Central Bank of Brazil… Read More

August 19, 2022 @ 12:26 pm By JD Alois  |  

HUSD, a dollar-based stablecoin, lost its dollar peg yesterday during heavy trading. HUSD is a relatively small stablecoin with a market cap of around $160 million. According to Coinmarketcap, HUSD dropped to as low as $0.8483 on August 18th. As of now, HUSD has recovered,… Read More

August 18, 2022 @ 9:55 pm By Omar Faridi  |  

Emirates NBD, a banking group in the MENA region an Turkey, has launched a global accelerator program for metaverse start-ups “to enhance customer experience for the new virtual economy, in partnership with the Dubai International Financial Centre (DIFC) Fintech Hive, the largest financial technology hub… Read More

August 18, 2022 @ 8:17 pm By Omar Faridi  |  

Shima Capital, a global venture firm that invests in early-stage blockchain companies across all market cycles, announced that it has launched its debut fund, Shima Capital Fund I and has “collectively raised $200 million.” The Fund received significant “support from notable investors including Dragonfly Capital,… Read More

August 18, 2022 @ 7:27 pm By Omar Faridi  |  

The 1inch integration with Aurora offers users access “to faster and cheaper transactions on a number of DEXes.” As noted in an update shared with CI, 1inch is always on the lookout for “promising” collaborations, and they’re now announcing an integration with Aurora. Sergej Kunz,… Read More

August 18, 2022 @ 4:36 pm By JD Alois  |  

FOMO Pay, a regulated major payment institution based in Singapore, has raised a $13 million Series A round led by Jump Crypto. Other investors in the round include HashKey Capital, Antalpha Ventures, Ab Initio Capital, and Republic Capital. FOMO Pay provides a host of Fintech… Read More

August 18, 2022 @ 4:06 pm By JD Alois  |  

Valereum plc (AQSE: VLRM), a firm that is in the process of acquiring the Gibraltar Stock Exchange (GSX), has announced that it will sell its Bitcoin mining assets to Vinanz Ltd. in exchange for shares of the firm amount to around 24% ownership. The deal… Read More

August 18, 2022 @ 11:52 am By Omar Faridi  |  

  We recently connected Mohammad Raafi Hossain, CEO & Co-Founder at Fasset, an international digital asset gateway. Fasset Technologies Limited recently partnered with Mastercard to expand financial services in Indonesia and create opportunities for underserved consumers The announcement follows Fasset’s $22 million Series A from… Read More

August 18, 2022 @ 11:03 am By JD Alois  |  

dWallet Labs has raised a $5 million seed round led by Digital Currency Group and Node Capital, according to a company statement. Other investors include; Amplify Partners, Lightshift Capital, Liquid2 Ventures, Collider Ventures, Lemnsicap, Heroic Ventures, Impatient Ventures, Zero Knowledge, Dispersion Capital, Token Bay Capital,… Read More

August 18, 2022 @ 8:07 am By JD Alois  |  

Wirex, a payments and crypto service, has added SEPA (Single Euro Payments Area) Instant and Faster Payments for UK and EEA customers to transfer British Pounds and Euros between their Wirex and bank accounts. Wirex has partnered with digital payment infrastructure provider, Modulr, to introduce… Read More

August 18, 2022 @ 7:52 am By Omar Faridi  |  

Crypto.com, which claims to be the “fastest-growing” cryptocurrency platform, announced that it has received regulatory approval from the Financial Conduct Authority (FCA) in the United Kingdom (UK) as “a crypto-asset business.” This registration will “enable Crypto.com to offer a suite of products and services to… Read More

August 17, 2022 @ 10:39 pm By Omar Faridi  |  

Nebeus, the European cryptocurrency app, has announced a partnership with Modulr, the embedded payments platform, “to augment its offering with accounts, real-time payments and Visa cards.” This move makes Nebeus one of the first European companies “to leverage Modulr’s one-stop card issuing solution across the… Read More

August 17, 2022 @ 10:30 pm By Omar Faridi  |  

Digital wealth management platform and broker Scalable Capital has reportedly doubled customer assets during the last 12 months to hit a high water mark of €10 billion in assets under management. The firm, which moved into cryptocurrency trading in December 2021, now claims over 600,000… Read More

August 17, 2022 @ 11:55 am By JD Alois  |  

Genesis, a digital asset prime brokerage providing services for qualified individuals and global institutional investors, has announced a number of executive changes to “position the company for its next phase of growth.” Genesis is controlled by the Digital Currency Group. Effective immediately, Michael Moro, Genesis… Read More

August 17, 2022 @ 10:32 am By Omar Faridi  |  

Binance is pleased to announce that the firm has “received in-principle approval from the Astana Financial Services Authority (AFSA) to operate a digital asset trading facility and provide custody in the Astana International Financial Center (AIFC).” In-principle approval from AFSA still “requires Binance to complete… Read More

August 16, 2022 @ 6:21 pm By Paolo Ardoino  |  

Inflation continues to rise globally, especially across Latin America where hyperinflation afflicts many countries. Could Bitcoin and the emerging digital token economy be the answer? Across Latin America, a story of inflation and ineffective central bank policy is the order of the day. In Mexico,… Read More