Blockchain & Digital Assets

February 26, 2022 @ 11:05 am By Omar Faridi  |  

Spencer Noon, an investor in Variant, a first-check cryptocurrency venture capital fund, has released their latest Network report. Spencer Noon, the co-founder and General Partner at Variant,  notes in an update that Solana reached 299k daily active users. As mentioned in the report, Solana’s unique… Read More

February 25, 2022 @ 7:12 pm By Tony Zerucha  |  

Bitfarms (NASDAQ: BITF, TSXV: BITF), a global Bitcoin self-mining company, has entered into a $32 million equipment financing agreement, the company announced this week. “This equipment financing agreement provides another source of non-dilutive capital, enabling us to finance equipment from our established mining operations so… Read More

February 25, 2022 @ 4:55 pm By Omar Faridi  |  

James Butterfill and Christopher Bendiksen from CoinShares have noted in a blog post dated February 24, 2022 that Bitcoin had an “immediate” price response to the Ukraine invasion when the news broke early this morning. According to the CoinShares researchers, it has become evident that,… Read More

February 25, 2022 @ 12:46 pm By Omar Faridi  |  

Digital asset firm CoinList has announced that the Nym Token Sale on their platform has added over 51,000 new token holders to the Nym community and network, with more than $30 million in NYM tokens purchased “throughout the course of the sale.” The event drew… Read More

February 25, 2022 @ 11:02 am By Omar Faridi  |  

Checkout.com, which recently raised $1 billion at a $40 billion valuation, notes that Strong Customer Authentication (SCA) is now “mandated across all of Europe and businesses have had to make changes to make sure they are compliant.” The team at Checkout.com writes in a blog… Read More

February 25, 2022 @ 10:59 am By Omar Faridi  |  

Recently, network difficulty on the Bitcoin (BTC) network surged around 4.8% as total hashrate (or the amount of computing power securing the leading cryptocurrency network) exceeded 200 EH/s for the “first time ever.” The team at Compass Mining noted that “breaking through mining profitability’s gloomy… Read More

February 25, 2022 @ 9:46 am By JD Alois  |  

Arthur Hayes and Benjamin Delo, BitMEX crypto derivatives exchange founders, have pleaded guilty to charges of violating the Bank Secrecy Act. According to the US Department of Justice, the two founders willfully failed to establish, implement, and maintain anti-money laundering (AML) programs at BitMEX. Under… Read More

February 25, 2022 @ 8:41 am By JD Alois  |  

Wirex, a payments platform that enables both fiat and crypto, has added the Polygon blockchain to their non-custodial wallet, as well as the Wirex app. According to  Wirex, users will have access to the benefits of the Polygon blockchain alongside the Ethereum, Avalanche, Binance Smart… Read More

February 25, 2022 @ 8:26 am By Omar Faridi  |  

The blockchain sector saw some major changes during the past year, brought on by a “maturing” crypto ecosystem and the development of innovative technologies. American Fintech firm Ripple notes that it remained focused on better understanding and further analyzing this rapid “evolution” via primary and… Read More

February 25, 2022 @ 8:20 am By Omar Faridi  |  

International markets are experiencing a massive increase in volatility with Russia’s invasion of Ukraine. The severe humanitarian crisis that could unfold over the next few days and weeks “could be the worst in Europe in decades, with loss of life and property, as well as… Read More

February 24, 2022 @ 9:51 pm By Omar Faridi  |  

VeChain developers note that the blockchain sector in Shanghai has enjoyed  “robust” and “fast-paced” development because of the city’s ongoing efforts and their willingness to embrace blockchain tech. To expedite the development of blockchain or distributed ledger tech (DLT)-powered services in Shanghai, the Shanghai Municipal… Read More

February 24, 2022 @ 6:14 pm By Omar Faridi  |  

Digital asset firm Okcoin reveals that clients are now able to trade the WAX token (WAXP) against USD via the crypto trading platform. Okcoin has shared what the initiative is all about, “in simple terms.” The team at Okcoin confirmed that you can now deposit,… Read More

February 24, 2022 @ 3:49 pm By JD Alois  |  

Russia’s unprovoked attack on Ukraine has shocked the world. For weeks now, many have expected Russian forces to cross the border to occupy part or all of Ukraine while some thought threat of war was just posturing by Russian President Vladamir Putin. In recent hours… Read More

February 24, 2022 @ 3:03 pm By Tony Zerucha  |  

Chainalysis, a blockchain data platform, today announced BNY Mellon, the world’s largest asset servicer, will be the first global systemically important bank to utilize its compliance software as part of their risk management program. This integration will form a component of BNY Mellon’s strategy to develop… Read More

February 24, 2022 @ 3:00 pm By Omar Faridi  |  

SlowMist notes that not too long ago, they had released an update in regards to the Bitfinex incident. The report from SlowMist had covered how the stolen funds had allegedly been laundered using a technique known as “peel chain.” The company reveals that they received… Read More

February 24, 2022 @ 2:55 pm By Tony Zerucha  |  

Blockchain infrastructure provider InfStones today announced the close of $33 million in Series B financing from Susquehanna International Group (SIG), Dragonfly Capital, Qiming Venture Partners, DHVC, A&T, INCE Capital, and Value Internet Fund. InfStones previously raised $12 million in seed and Series A financing, bringing the company’s total funding… Read More

February 24, 2022 @ 8:28 am By Omar Faridi  |  

One positive development during the past year has been law enforcement’s “growing” ability to seize virtual currency from criminals, according to an extensive update from Chainalysis. The US Department of Justice (DOJ) seized $2.3 million in crypto from the DarkSide ransomware operators who were allegedly… Read More

February 23, 2022 @ 5:01 pm By Omar Faridi  |  

A report shared by digital asset firm Coinbase (NASDAQ: COIN) had provided the latest updates on what WEFUZZ, the Coinbase Crypto Community Fund grant recipient, has been working on during the first part of their year-long Crypto development grant. This update covers their ongoing work… Read More

February 23, 2022 @ 4:19 pm By Tony Zerucha  |  

PDX Coin, a utility-based cryptocurrency that includes an in-development global crypto-to-fiat mobile payments app, announced this week it will commence trading on both the Uniswap decentralized exchange and on XT.com, beginning today. Currently, PDX trades on p2pb2b.io and Vindax. Uniswap is the world’s biggest decentralized… Read More

February 23, 2022 @ 3:38 pm By Omar Faridi  |  

The community behind the ShapeShift DAO has “spoken,” so FOX Token farming rewards have reportedly been extended, according to an update posted on February 22, 2022. ShapeShift, a digital asset platform that transitioned into a DAO, notes that if you are farming your FOX Tokens,… Read More