Blockchain & Digital Assets

April 18, 2022 @ 8:01 pm By Omar Faridi  |  

Tech sometimes moves at “a dizzying pace.” When it comes to innovation in financial activities, often referred to as Fintech, the world is “seeing major advances,” according to an update from the IMF. For banks, Fintech “disrupts” core financial services and “pushes them to innovate… Read More

April 18, 2022 @ 7:56 pm By JD Alois  |  

MetaMask, a popular crypto wallet that is reportedly used by more than 21 million individuals, has posted a series of Tweets cautioning customers about iCloud and phishing attempts that could put funds at risk. MetaMask emerged as a popular crypto wallet as it first launched… Read More

April 18, 2022 @ 3:46 pm By JD Alois  |  

Stablecoin project Beanstalk has been the target of an attack that reportedly has seen over $180 million pilfered. In a tweet yesterday, Beanstalk said they had “suffered an exploit” without providing too many details. Beanstalk suffered an exploit today. The Beanstalk Farms team is investigating… Read More

April 18, 2022 @ 12:00 pm By Omar Faridi  |  

Arweave, a “decentralized” solution for archiving data using a blockchain-like “blockweave” and a proof-of-access consensus mechanism, has expanded to Avalanche. Now, Avalanche users can “utilize Arweave to store records, files, metadata, and other data.” Arweave strives “to store data cheaply and immutably for at least… Read More

April 18, 2022 @ 10:32 am By Omar Faridi  |  

BIGG Digital Assets Inc. (CSE: BIGG), owner of Blockchain Intelligence Group, an international cryptocurrency compliance and intelligence company, recently announced a partnership with AlphaPoint, a white-label software company “powering digital asset exchanges worldwide.” Blockchain Intelligence Group provides AlphaPoint clients “a tool for fast, easy and… Read More

April 18, 2022 @ 9:31 am By JD Alois  |  

WonderFi  (NEO:WNDR; OTC:WONDF) has entered into an agreement to purchase Coinberry, a Canadian digital asset exchange that is regulated and compliant. WonderFi recently acquired Bitbuy – another crypto platform operating in Canada. Coinberry is one of just a handful of compliant crypto marketplaces operating in… Read More

April 18, 2022 @ 1:57 am By Omar Faridi  |  

Cryptocurrency portfolio manager CoinStats recently secured $3.2 million in capital. The investment round was led by Alex Pack’s Hack VC, along with contributions from  various other funds such as Mike Dudas’s 6th Man Ventures. The funding “is instrumental in financing the development and promotion of… Read More

April 18, 2022 @ 12:57 am By Omar Faridi  |  

BANXA Holdings Inc. (TSX-V: BNXA) (FSE: AC00), which claims to be the world’s first listed payment service provider and Regtech platform for the digital assets industry, recently announced its March 2022 TTV, “recording AUD $81 million (USD $60 million).” For the quarter ending March 31,… Read More

April 18, 2022 @ 12:06 am By Omar Faridi  |  

Coinweb, a layer-2 cross-computation platform, recently announced that it has acquired FINTRAC-registered OnRamp Technologies Limited, a payment company with Money Services Business consents (MSB) “providing users the access to fiat rails for projects being built on top of the Coinweb platform within the regulated Canadian… Read More

April 17, 2022 @ 11:56 pm By Omar Faridi  |  

Retailers in Singapore can now accept digital payment tokens (DPT), through a new cryptocurrency payment solution introduced by Singapore-based Major Payment Institution FOMO Pay. The new payment method intended for retailers is reportedly “the first such to be developed by a Digital Payment Token (DPT)… Read More

April 17, 2022 @ 5:17 pm By Omar Faridi  |  

Funding Societies, which claims to be Southeast Asia’s largest SME digital financing platform, recently announced that it has teamed up Dedoco, a “decentralized” digital document and workflow management platform, in order “to become one of the first FinTech platforms to enable micro, small and medium… Read More

April 16, 2022 @ 7:15 pm By Omar Faridi  |  

Blockdaemon, which claims to be the largest institutional-grade blockchain infrastructure company for node management and staking, announced that it has added four new investors: Citi Ventures, Salesforce Ventures, Telstra Ventures, and Invicta Growth as it “continues its high-velocity growth powering the blockchain economy.” The firm… Read More

April 16, 2022 @ 11:51 am By Omar Faridi  |  

Gemini, a digital currency platform to buy, sell, earn, and store crypto, recently announced that the Gemini Credit CardTM is now available “in all 50 U.S. states.” Cardholders can “earn up to 3% crypto back on dining+, 2% crypto back on groceries, and 1% crypto… Read More

April 15, 2022 @ 4:43 pm By JD Alois  |  

Stripe, the go-to payments platform for web developers, has distributed an update on 2021 performance. According to the Fintech, in 2021, the company processed more than $640 billion in payments. This is an increase of 60% from the year prior. Stripe does add the caveat… Read More

April 15, 2022 @ 4:10 pm By JD Alois  |  

A recent ruling in the ongoing legal battle between Ripple and the Securities and Exchange Commission (SEC) pertaining to the issuance of XRP and the allegation by the Commission it is in fact an unregistered security took a turn in favor of Ripple this past… Read More

April 15, 2022 @ 12:07 pm By JD Alois  |  

SEC Commissioner Hester Peirce is looking for an attorney to assist and advise on issues including crypto along with affiliated enforcement actions. Commissioner Peirce promoted the new position in a Tweet. As is well known, the Commissioner has been very supportive of Fintech innovation, along… Read More

April 15, 2022 @ 11:58 am By JD Alois  |  

  In a tweet, DeFi firm Equilibrium announced a partnership with Republic Crypto, part of the Republic group of companies. 🤝 We're proud to announce our collab with @joinrepublic @RepublicCrypto! 👀 Stay tuned for more exciting news, updates and much more! $EQ #DeFi pic.twitter.com/1PiRYdvV8g —… Read More

April 15, 2022 @ 11:03 am By JD Alois  |  

EQUibank, a financial services firm located in Dominica, continues to promote its ability to hold and manage your OTC crypto from a licensed and regulated bank. OTC trading typically entails larger transactions so access to liquidity providers, something EQUIBank says it has, can be helpful…. Read More

April 15, 2022 @ 10:21 am By JD Alois  |  

Terraform Labs has completed a “mind-blowing transaction” according to a blog post as it donates 10 million $LUNA at a value of around $880 million. TFL has gifted an additional 10 million $LUNA to the @LFG_org. https://t.co/tNirkgGGm0 — Terra 🌍 Powered by LUNA 🌕 (@terra_money)… Read More

April 14, 2022 @ 7:09 pm By Omar Faridi  |  

Nexo, the regulated institution for digital assets, has launched the Nexo Card, a crypto-backed Mastercard card, “in select European markets.” For the launch, Nexo is partnering with Mastercard and DiPocket, giving its users “access to cryptocurrency-powered liquidity across 92M+ merchant sites worldwide.” The Nexo Card… Read More