Blockchain & Digital Assets

March 22, 2022 @ 11:01 pm By Omar Faridi  |  

iZUMi Finance, a DeFi protocol bringing programmable liquidity mining to Uniswap V3, is teaming up with the HOURAI NFT project to “imbue its upcoming NFTs with value from iZUMi’s DeFi derivatives.” Each holder of HOURAI NFTs, if whitelisted (mint price at 0.1 ETH), will be… Read More

March 22, 2022 @ 4:38 pm By Omar Faridi  |  

Gaming Fintech ZEBEDEE recently announced a new integration with Bipa, a Bitcoin Lightning exchange service for the Brazilian markets. The integration makes converting Bitcoin earned in games into Brazilian reals and moving it into a Brazilian bank account “literally a matter of seconds.” It is… Read More

March 22, 2022 @ 1:22 pm By Jamie Finn  |  

One of the biggest challenges founders and CEOs of startups face is funding: courting angels and VCs, pitch decks, travel, and meetings, getting ghosted, negotiating and swallowing unreasonable terms, eroding control–all at the expense of actually running and growing the business. When you hear the… Read More

March 22, 2022 @ 11:45 am By Omar Faridi  |  

Just when you thought their open-sourced ShapeShift V2 platform was sounding like a “one-stop-shop” solution for your cryptocurrency requirements, the team at ShapeShift claims that they have made further enhancements with the integration of the Gem on- and off-ramp embedded user interface. This will allow… Read More

March 22, 2022 @ 9:25 am By Omar Faridi  |  

The team at BitOoda notes that their current target Hashrate (the amount of computing power securing the Bitcoin network) analysis calls for “a back-end loaded growth in network Hashrate to 327EH/s by the end of 2022.” BitOoda writes in a blog post that the longer-term… Read More

March 22, 2022 @ 8:56 am By JD Alois  |  

  Bitbond has announced the launch of its new product called Token Tool, a service that enables public users to create tokens on Ethereum, Polygon, Avalanche, and BNB Chain. Token Tool can be used to tokenize financial assets such as bonds or stocks, utility tokens,… Read More

March 22, 2022 @ 8:17 am By Omar Faridi  |  

James Butterfill, Investment Strategist at London-based CoinShares, a digital asset manager focused on expanding access to the cryptocurrency ecosystem while serving as a “trusted partner” for its clients, notes that for the week ending March 18, 2022, there were outflows that continued “with $47 million,… Read More

March 22, 2022 @ 8:15 am By Omar Faridi  |  

Euroclear, a securities settlement house, has reportedly joined a consortium of banking institutions that are developing a payment solution for tokenized assets in the most recent indication of major institutions working with emerging players in crypto-related tech. Belgium- based Euroclear noted that it had acquired… Read More

March 22, 2022 @ 12:25 am By Omar Faridi  |  

  Cryptocurrency-based lending has emerged as an important trend in the decentralized finance (DeFi) market. However, it faces certain challenges relating to Know Your Customer (KYC) considerations, risk management and risk pricing. This, according to a report from Huobi, which noted that these challenges can… Read More

March 21, 2022 @ 9:48 pm By JD Alois  |  

Vemanti Group (OTCQB: VMNT) has signed a 10-year agreement with Vietnam Public Joint-stock Commercial Bank (PVcomBank) to launch one of the first SME digital banking platforms in Vietnam. Vemanti says it will utilize cloud computing, API, automated KYC/AML, Artificial Intelligence, Machine Learning, and blockchain technologies… Read More

March 21, 2022 @ 9:39 pm By Omar Faridi  |  

  AppWorks, a venture capital firm and accelerator in Greater Southeast Asia, has announced a series of institutional and organizational developments “in tandem with a number of key internal promotions.” As part of its organizational upgrades, AppWorks has “established new arms that encapsulate the firm’s… Read More

March 21, 2022 @ 7:26 pm By JD Alois  |  

Binance has sent a letter to the Ontario Securities Commission (OSC) telling the regulator it is committed to ceasing opening new accounts in Ontario. Last year, Binance Canada announced it would cease providing crypto services in Ontario. The OSC allows crypto exchanges to provide trading in… Read More

March 21, 2022 @ 3:04 pm By Omar Faridi  |  

Software startup Coinbooks, which is only 3 months old, has secured a total of $3.2 million in funding from investors including Y Combinator, Multicoin Capital, Lattice Capital Partners, Polygon Technology’s founders, Seed Club Ventures, and Orange DAO. Established by CEO Arnav Bathla, the firm intends… Read More

March 21, 2022 @ 3:00 pm By JD Alois  |  

Yesterday, it was reported that the government of Ukraine has created its own website to accept crypto donations. The site was built in partnership with FTX, Kuna, and everstake. The Ukraine government has now received over $60 million in crypto donations. Today, Merkle Science is… Read More

March 21, 2022 @ 2:28 pm By JD Alois  |  

Four-time tennis Grand Slam singles champion, Naomi Osaka has been enlisted as global ambassador of FTX, the holding company of FTX.com and FTX.us. According to a company release, Osaka will become a shareholder in the firm while receiving compensation in crypto. Osaka will sport the… Read More

March 21, 2022 @ 2:16 pm By Omar Faridi  |  

Following digital asset firm Kraken’s listing and staking of MINA tokens for most nations, the firm is pleased to confirm the availability of Mina trading and staking “with up to 20% in yearly rewards for residents of the USA, Canada and Australia.” Funding and Trading… Read More

March 21, 2022 @ 12:37 pm By Omar Faridi  |  

FirstBlock Capital LLC, helmed by VC Peter Janssen, recently announced his new focus on investing in digital assets. Peter said his firm plans to deploy capital “across blockchain and digital asset start-ups and public tokens.” With the rise of virtual currencies, he believes this is… Read More

March 21, 2022 @ 10:32 am By JD Alois  |  

Galaxy Digital Holdings Ltd. (TSX: GLXY) has facilitated Goldman Sachs‘ (NYSE:GS) first over-the-counter crypto trade, according to Galaxy. The specific trade was for a “Bitcoin non-deliverable option”. Galaxy claims this is the first OTC transaction by a major US bank. Damien Vanderwilt, Co-President, and Head… Read More

March 21, 2022 @ 10:18 am By Omar Faridi  |  

Parallel Finance, the DeFi parachain hub of Polkadot and Kusama, has executed a  coordinated launch of “six separate products in one day across many different DeFi primitives.” The complete list includes: Parallel’s Automated Market Maker (AMM), Farming, Liquid Staking, v2 Crowdloan Platform, Cross Chain Bridge,… Read More

March 21, 2022 @ 10:16 am By JD Alois  |  

Circle, a digital asset platform that powers a leading dollar-based stablecoin, USDC, has reported an information breach via a third-party service provider – Hubspot. According to an email distributed by Circle, HubSpot has “confirmed that an unauthorized bad actor accessed certain client data from several… Read More