Blockchain & Digital Assets

Blockchain, distributed ledger technology, crypto, digital assets, tokenization and stablecoin news.

Hypernet Labs Goes Live on Polygon, Boosts NFT Creation Possibilities

Hypernet Labs, a Web3 company developing enterprise-scale NFT technology, has gone live on Polygon, a full-stack scaling solution on Ethereum, to create digitally-native IDs and functional NFTs through Hypernet.ID and Hypernet.Mint. The integration will allow Hypernet to mint millions of NFTs for companies and creators and,… Read More

Caduceus, a Blockchain for Metaverse Development, Raises $4 Million, Valued at $80 Million

Caduceus, a blockchain for metaverse infrastructure development, has raised $4 million, at an $80 million valuation, in an oversubscribed Series A round, according to the company. The funding was led by Susquehanna International Group, founded by Jeff Yass. Other investors include Bin Zayed Group, BlockFills,… Read More

HBAR Foundation Launches $155M DeFi Crypto Fund

  The HBAR Foundation, an organization that directs the development of the Hedera ecosystem by providing grants and other resources, this week announced the launch of a $155 million Crypto Economy Fund to bootstrap Hedera Hashgraph’s decentralized finance ecosystem. The Crypto Economy Fund is focused on… Read More

LayerZero $135M Round Attracts Heavy Hitters

LayerZero Labs today announced that it raised $135 million in a round co-led by Sequoia Capital, FTX Ventures and Andreessen Horowitz and with participation from Coinbase Ventures, PayPal Ventures, Tiger Global, and Uniswap Labs. This funding round values LayerZero Labs at $1 billion and will accelerate… Read More

Tokenize Xchange Joins VerifyVASP Alliance, Pursues Seamless Digital Asset Experience

Tokenize Xchange (aka Tokenize), a Singapore-headquartered digital asset exchange, has joined the VerifyVASP alliance as it aims to create a seamless, compliant experience for its users of digital assets. According to a note from Tokenize, the company will utilize VerifyVASP’s network to connect with other… Read More

360 Web3 Tween Brand Lumiii and Crypto Reward Company Cultos to Introduce Loyalty Program

Crypto rewards platform Cultos recently announced that it has teamed up with gaming company Secret Pirates in order to launch “an exclusive loyalty program for Lumiii, the decentralized edutainment ecosystem.” Lumiii’s animated series, The Secret Order of Lumiiis™, and its blockchain games empower players and… Read More

Banking Super App Douugh Acquires Up to $20M in Discretionary Equity Funding

  Douugh Ltd (ASX: DOU), the banking “super app” that’s on a mission to help customers manage and grow their money, has announced it has entered into “a $20 million equity placement facility agreement with Long State Investments Limited.” Based in New York City, Long… Read More

Crypto-Assets on List of SEC Examination Priorities for 2022

The Securities and Exchange Commission (SEC) has posted its annual list of examination priorities emanating from the SEC Division of Examinations. Last year’s list included Fintech and Innovation including Digital Assets, this year’s list includes Emerging Technologies and Crypto-Assets, so a slight change. To quote… Read More

Fintech Paystand Inroduces Business Expense Card with Rewards Paid in Cryptocurrency

Paystand, which claims to be the leader in blockchain-enabled B2B payments, has introduced the “first” corporate expense card with native crypto rewards. A technology-forward spend management platform, the DeFi Corporate Card provides instant provisioning of virtual and physical cards, as well as “advanced spend controls,… Read More

Private Markets Investment Firm Hamilton Lane, ADDX To Provide Tokenized Access to Private Assets Fund

Private markets investment firm Hamilton Lane (NASDAQ: HLNE) has teamed up with digital securities exchange ADDX in order to tokenize a class of shares “issued by Hamilton Lane Global Private Assets Fund, to enable access to the private markets for a broader set of investors… Read More

Cross the Ages (CTA) Metaverse Game Finalizes $12M Seed Round

Blockchain gaming firm Cross The Ages (CTA) has announced a successful $12 million seed round, with investors including Animoca Brands, Ubisoft, Polygon and Sebastien Borget, Co-Founder and COO of The Sandbox. Covering the virtual and physical worlds, Cross The Ages Universe claims that it is… Read More

High-Potential Tech Firms Chosen for Fintech Innovation Lab New York

Ten emerging tech firms have been chosen to participate in the 2022 Fintech Innovation Lab New York, which is a 12-week program “founded and run by Accenture (NYSE: ACN) and the Partnership Fund for New York City.” The program aims to assist early- and growth-stage… Read More

Genesis Comments on Bitcoin, Crypto Recent Run

Bitcoin, Ethereum, and other cryptocurrencies have recently experienced a solid rise in price. Bitcoin, the world’s most popular crypto is up by around 10% just this week. This week,  Noelle Acheson, Head of Market Insights at Genesis, shared her opinion on the bullish crypto market. Acheson… Read More

FTX Appoints Marcel Lötscher as Head of Regulatory Strategy for Europe

EU coins money Europe

FTX Europe recently announced the appointment “per October 1st, 2022” of Dr. Marcel Lötscher, LL.M. MBA, to the newly created position, Head of Regulatory Strategy. Lötscher is being hired to continue FTX’s global expansion into Europe and the Middle East, “giving users in European Economic… Read More

Multi-Chain Networks are Key to Blockchain or DLT’s “Long-Term” Development: Report

A report from Huobi Research Institute, a blockchain research organization, has identified multi-chain networks as “key to the blockchain ecosystem’s long-term development due to the security, decentralization and scalability they offer.” Titled “Game of Thrones in Blockchain: Multi-chain Networks Battle for Supremacy”, the report by… Read More

CFTC Wins Consent Order on Firm that Told Clients it Would Trade Crypto For Them, Used the Money for Personal Expenses Instead

The Commodity Futures Trading Commission (CFTC) has announced a consent order against defendants Abner Alejandro Tinoco, and his company, Kikit & Mess Investments, LLC. The order was entered in the Western District of Texas in regards to an enforcement action. The order imposes injunctive relief, including… Read More

Australian Securities Exchange (ASX) to Further Postpone Roll Out to Chess Replacement System

The Australian Securities Exchange (ASX) is reportedly set to enforce yet another delay to the cutover of its blockchain-powered post-trade network, which was initially expected to go-live in April of last year. The ASX has been working cooperatively with distributed ledger tech (DLT) specialist Digital… Read More

Chainlink Labs Welcomes 2 Executives to C-Suite

Chainlink Labs, the organization developing a global decentralized oracle standard to support mainstream blockchain adoption, today announced that Dr. Dahlia Malkhi, former Diem Association chief technology officer as well as a lead researcher at Novi, has joined as a chief research officer. Dr. Malkhi joins… Read More

CME Group Introduces Micro-Sized Bitcoin (BTC) and Ethereum (ETH) Options

CME Group, the leading derivatives marketplace, has introduced options on Micro Bitcoin and Micro Ether futures, further expanding its suite of virtual currency derivatives offerings. Tim McCourt, CME Group Global Head of Equity and FX Products, stated: “The launch of these micro-sized options builds on… Read More

Dear Member of European Parliament: Global Digital Finance Tells MEPs to Pump the Brakes on Transfer of Funds Regulation

As was recently reported, the European Parliament is poised to vote on regulation pertaining to the Transfer of Funds that will impact crypto-assets. The quote the European Commission: “The anonymity associated with crypto assets, as well as their speed and global reach bring obvious risks… Read More

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