Blockchain & Digital Assets

February 21, 2022 @ 6:34 pm By JD Alois  |  

Jambo, a Web3 “Super App” has raised $7.5 million in a seed funding round led by Coinbase Ventures with the participation of Delphi Ventures, Coinbase Ventures, 3 Arrows Capital, Alameda Research, AllianceDAO, Tiger Global, DeFiance Capital, Hashed, Polygon Studios, UOB, Signum Capital, BH Digital, Yield… Read More

February 21, 2022 @ 6:16 pm By Omar Faridi  |  

The team at digital asset firm Kraken is pleased to confirm that their platform now supports TerraUSD (UST). Clients may now add UST to their Kraken accounts by navigating to Funding, choosing the asset, and hitting Deposit. Trading is scheduled to begin on February 17,… Read More

February 21, 2022 @ 5:54 pm By Omar Faridi  |  

The Cardano Foundation, the non-profit organization and custodian of the Cardano blockchain, recently announced that Fernando Luis Vazquez Cao will serve as a member of its board of directors. Fernando brings over 20 years of experience across the telecommunications, open-source software, and digital assets sector…. Read More

February 21, 2022 @ 3:11 pm By Omar Faridi  |  

Binance UK is pleased to contribute to the NASMA’s Student Money Matters initiative, the United Kingdom’s National Association of Student Money Advisers, to “provide 2.2M UK University Students with crypto-asset and blockchain education throughout 2022.” NASMA is a UK Government Body created “to look after… Read More

February 21, 2022 @ 11:04 am By Omar Faridi  |  

The team at digital asset firm BlockFi has added six new crypto-assets for their non-US clients via BlockFi International. They include Cardano (ADA), Solana (SOL), Polkadot (DOT), Avalanche (AVAX), Cosmos (ATOM), and Filecoin (FIL). The new assets will be available to buy, sell, and trade… Read More

February 20, 2022 @ 9:13 pm By Omar Faridi  |  

The team at Fintech Deel notes that if your business holds money in stablecoin USDC, then you can pay your monthly Deel invoice for your team’s earnings in USDC “directly from your Coinbase account.” Deel‘s management recently confirmed that they are (reportedly) the first company… Read More

February 20, 2022 @ 2:17 pm By Omar Faridi  |  

Nana Murugesan, VP, International and Business Development at Coinbase (NASDAQ: COIN), says that the digital asset firm will be adopting “a go broad and go deep approach” in order to scale operations internationally so that they can further their mission of bringing more “economic freedom”… Read More

February 20, 2022 @ 2:11 pm By JD Alois  |  

Writing in advance of President’s Day, Competitive Enterprise Institute (CEI) Senior Fellow John Berlau posits an interesting opinion. Berlau, a frequent commentator on policy that impacts financial services, says George Washington, the first US President and Revolutionary War hero, would have likely had “a fondness… Read More

February 20, 2022 @ 11:59 am By Omar Faridi  |  

Bit2Me has reportedly become the first Spanish firm to successfully obtain registration from the Bank of Spain as a provider of services for exchanging digital currency for fiduciary currency and custody of electronic wallets. Bit2Me was notably the first exchange to apply for registration with… Read More

February 20, 2022 @ 11:57 am By JD Alois  |  

OpenSea is in the midst of figuring out an attack on its platform that appears to be a phishing scheme according to tweets by the company and its CEO. At some point yesterday, OpenSea stated that a phishing scam had caused 32 users to sign… Read More

February 19, 2022 @ 7:08 pm By Omar Faridi  |  

Dr. Emin Gün Sirer, Founder and CEO at Ava Labs, ex-professor at Cornell, confirmed that BENQI liquid staking is live. Liquid staking is live. https://t.co/7ltUAvEXHn — egs9000🔺⚔️ (@el33th4xor) February 16, 2022 The team at BENQI noted that they are pleased to confirm the release of BENQI’s… Read More

February 19, 2022 @ 6:43 pm By JD Alois  |  

True Global Ventures 4 Plus (TGV4 Plus) Fund has invested US$8.3 million into Chronicled. Chronicled is a firm that leverages blockchain technology to enable automation, trust, and automatic settlement for inter-company transactions specifically in the Life Sciences and Healthcare industry. Chronicled aims to solve challenges… Read More

February 19, 2022 @ 2:52 pm By Omar Faridi  |  

Cryptocurrency donations have increased considerably along with the Bitcoin price (and those of Ethereum as well as other major altcoins). Last year, Fidelity Charitable investors reportedly donated over $330 million in digital currency, which is over 12x the amount provided back in 2020, according to… Read More

February 19, 2022 @ 2:30 pm By JD Alois  |  

A new report by Telstra Ventures highlights how the tech hub ecosystem is changing. The US has long been a hotbed of entrepreneurship and innovation with early-stage firms establishing dominant hubs in locations like the San Francisco Bay Area and New York City. But COVID… Read More

February 19, 2022 @ 1:29 pm By JD Alois  |  

BitMEX, a crypto derivatives exchange that will soon launch spot trading, has posted 5 predictions as to how crypto will change the world. In summary, this is what BitMEX anticipates will happen in 2022. First, more women will embrace crypto as currently, women make up… Read More

February 19, 2022 @ 9:44 am By Omar Faridi  |  

SKALE, an Ethereum native multi-chain network announced a $100 million ecosystem incentive program with the aim of increasing the onboarding of good applications and initiatives onto the SKALE Network. Given the steady growth potential and alignment with market demand, NODE will be starting off the… Read More

February 18, 2022 @ 6:44 pm By Omar Faridi  |  

Stronghold, a payments and financial infrastructure firm, has introduced Stronghold Capital in order to invest $100 million in high-potential firms and funds across key areas: “overlooked” and “underrepresented” founders as well as fund managers, the payments and fintech ecosystem, and the Web3 / blockchain sector…. Read More

February 18, 2022 @ 4:53 pm By Omar Faridi  |  

Solana (SOL) has become a major platform in the crypto space, after going live in early 2020. The high-speed, high-throughput, proof of stake chain is well-known for its fast transactions, scalability, and affordable fees (and also its recent performance/technical issues which have also been quite… Read More

February 18, 2022 @ 12:40 pm By JD Alois  |  

The Federal Open Market Committee has announced new restrictions on senior Fed officials in regards to investing and trading activities. According to a statement by the Fed, under the new rules, senior Federal Reserve officials are prohibited from purchasing individual stocks or sector funds, holding investments… Read More

February 18, 2022 @ 11:42 am By JD Alois  |  

SIM Swap fraud has been prevalent for years now targeting both traditional financial services as well as crypto investments. The scam is where a criminal hijacks your mobile phone by using a new SIM card affiliated with your phone number. Once accomplished, two-factor authentication goes… Read More