Blockchain & Digital Assets

August 10, 2022 @ 10:56 am By JD Alois  |  

Digital asset prime brokerage Genesis has published its Q2 report sharing some interesting insight into crypto markets. According to Genesis, crypto lending declined while OTC trading rocketed higher. Genesis shares: The lending desk originated $40.4 billion in new loans, a decline of 9% from the… Read More

August 10, 2022 @ 9:54 am By JD Alois  |  

GraniteShares has announced the listing of multiple single share ETFs on the Nasdaq, including one for Coinbase (NASDAQ:COIN). GraniteShares first launched leveraged ETFs on single stocks in the UK in 2019. While ETFs started as a less expensive path for a diversified portfolio of assets,… Read More

August 9, 2022 @ 10:03 pm By Omar Faridi  |  

Crypto.com, which claims to be the world’s “fastest-growing” cryptocurrency platform, announced that it has secured Electronic Financial Transaction Act and Virtual Asset Service Provider registration by “acquiring payment service provider ‘PnLink Co., Ltd.’ and virtual asset service provider ‘OK-BIT Co., Ltd.’.” Kris Marszalek, Co-Founder and… Read More

August 9, 2022 @ 6:30 pm By Omar Faridi  |  

  We recently caught up with Lars Seier Christensen, Chairman of the Concordium Foundation and founder of Saxo Bank. He talked about the future of Internet domains. With the rise of technologies such as blockchain/DLT, crypto, and the Metaverse, Lars believes that traditional top-level domains… Read More

August 9, 2022 @ 5:32 pm By JD Alois  |  

Coinbase (NASDAQ:COIN), the first and only publicly traded crypto exchange in the US, has announced its Q2  2022 financial results, which delivered a decline in both the top and bottom line. Shares in after-hours trading declined by over 4% in an overall down market day…. Read More

August 9, 2022 @ 12:09 pm By JD Alois  |  

Fortress Blockchain Technology has raised a $22.5 million seed round to pursue its vision for B2B infrastructure for Web3. Fortress Blockchain was founded by Scott Purcell, the individual who founded the successful custody and infrastructure Fintech – Prime Trust. The funding was led by Ayon… Read More

August 9, 2022 @ 10:14 am By JD Alois  |  

Gregory Dwyer, a former head of business development at BitMEX, has pleaded guilty to a single charge of violating the Bank Secrecy Act, according to a report in WSJ.com. Dwyer was one of BitMEX’s first employees during a period of rapid growth for the crypto… Read More

August 9, 2022 @ 8:44 am By Omar Faridi  |  

Old Street Digital (OSD) recently revealed that it has finalized a $2.8 million seed round that has reportedly been led by Draper Associates. OSD is focused on developing an institutional fund manager bringing the very best of active, fundamental research-driven portfolio management to crypto-assets. The… Read More

August 8, 2022 @ 10:50 pm By Omar Faridi  |  

Liminal, a wallet operations infrastructure, recently unveiled “an additional protection for customers.” The insurance covers Liminal’s backup keys, which “serve as a fail safe to recover lost Liminal keys.” Canopius, a global specialty (re)insurer and Lloyd’s of London syndicate, “wrote the $50 million policy, which… Read More

August 8, 2022 @ 9:56 pm By Omar Faridi  |  

Bitwage recently announced a “preferred” wallet partnership with Casa and Edge Wallet. On August 1st, news broke that they were partnering with Casa and Edge “as preferred wallet partners.” According to Bitwage, this means that users can now “download and access Casa or Edge as… Read More

August 8, 2022 @ 7:59 pm By Omar Faridi  |  

  Last week, it was widely reported that Coinbase (NASDAQ:COIN) was selected by BlackRock “to provide Aladdin clients access to crypto trading and custody via Coinbase Prime.” Coinbase and BlackRock will “create new access points for institutional crypto adoption by connecting Coinbase Prime and Aladdin.”… Read More

August 8, 2022 @ 6:47 pm By Omar Faridi  |  

The team at Gemini are pleased to announce support for a new set of crypto tokens. The following tokens are now available for trading on Gemini: Euler Finance (EUL) Project Galaxy (GAL) Samoyedcoin (SAMO) These tokens are “available for trading on [their] API/FIX and ActiveTrader… Read More

August 8, 2022 @ 5:09 pm By JD Alois  |  

Brickken has partnered with Hillstone Finance, Veritas, and Digital Gold Capital to expand its network to three new countries, according to a company release. Brikken is a company that was founded in Spain in 2020 that aims to leverage blockchain technology to tokenize or turn… Read More

August 8, 2022 @ 3:34 pm By JD Alois  |  

As was earlier covered, the US Department of Treasury, via the Office of Foreign Assets Control (OFAC) has sanctioned crypto mixer Tornado Cash.  Mixers are used to boost the privacy of crypto transacts but may also be used to obfuscate nefarious activity. Coin Center, a… Read More

August 8, 2022 @ 3:21 pm By Omar Faridi  |  

The cryptocurrency and blockchain industry faced headwinds in recent months as May’s collapse of the Terra ecosystem took its toll on many other market participants. In June and July of this year, major crypto lending platforms (including Celsius, BlockFi, Voyager and Vauld) took drastic measures… Read More

August 8, 2022 @ 3:13 pm By JD Alois  |  

The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has targeted another crypto mixer by sanctioning Tornado Cash. Most recently, in May, OFAC sanctioned Blender.io, a mixer that is said to be utilized by North Korea  for its “malicious cyber activities and… Read More

August 8, 2022 @ 12:33 pm By JD Alois  |  

Digital assets experienced their sixth consecutive week of inflows as 2022 continues to provide a choppy market for crypto. According to CoinShares, a mere $3 million moved into crypto last week, but the total for the month and a half stands at over half a… Read More

August 8, 2022 @ 10:30 am By Omar Faridi  |  

We recently connected with Kåre Kjelstrøm, Chief Technology Officer at layer-1 blockchain company Concordium. Kåre, who has an MS in Computer Science from the University of Aarhus, Denmark, is leading the development of Concordium’s blockchain platform – which embeds encrypted ID into on-chain transactions in… Read More

August 8, 2022 @ 10:22 am By JD Alois  |  

Hodlnaut, a Singapore-based crypto platform, has halted all withdrawals, token swaps, and deposits – effective immediately. Holdlnaut is a crypto lending and borrowing platform that was founded in 2019 by Bitcoin maximalists Juntao Zhu and Simon Lee. Hodlnaut supported seven different digital assets: BTC, WBTC,… Read More

August 8, 2022 @ 9:26 am By JD Alois  |  

As Ethereum migrates to a proof of stake (PoS) ecosystem (called the Merge), a group has decided to maintain a proof of work iteration or Ethereum Proof of Work (ETHPOW). While not making Vitalik Buterin very happy, this is the way of the blockchain world…. Read More