Blockchain & Digital Assets

June 10, 2022 @ 8:11 pm By JD Alois  |  

YAS MicroInsurance (YAS) and Amodo have partnered to deliver insurance on-chain, according to a company statement. YAS is an Asia-Pacific Insurtech that is combining blockchain technology and insurance. Amodo is a telematics company providing on-demand insurance that is hyper-localized and usage-based insurance. The two firms… Read More

June 10, 2022 @ 10:59 am By Omar Faridi  |  

Januar, the compliant gateway to the new digital economy for crypto businesses and institutional investors, has chosen Tuum as the core banking platform “to power its pan-Europe goals.” Tuum’s banking core will be used “to build account and payment solutions for crypto companies, in order… Read More

June 10, 2022 @ 10:57 am By JD Alois  |  

Huobi Global has announced the creation of Ivy Blocks, a subsidiary that will invest in early-stage blockchain ventures in the DeFi and Web3 space. Huobi said in a corporate statement that its “multi-billion dollar war chest” will allow Ivy Blocks to gain access to unique… Read More

June 10, 2022 @ 9:17 am By JD Alois  |  

Unstoppable Domains and Blockchain.com have announced a collaboration that will provide .blockchain NFT domains to their users. The two companies explain that in the coming weeks, 83 million Blockchain.com Wallet users will be able to get a free .blockchain domain from the Blockchain.com Wallet. For… Read More

June 10, 2022 @ 7:56 am By Omar Faridi  |  

LiquidX, the global fintech platform for digitization, monetization, and risk mitigation for working capital, trade finance, and insurance assets, announced a strategic investment from Citi (NYSE: C), one of the largest trade finance banks. The funding round was “led by Broadridge, LiquidX’s largest strategic investor.”… Read More

June 9, 2022 @ 11:17 pm By Omar Faridi  |  

Skolem Technologies, an institutional-grade asset management and execution services provider that enables investors “to access the DeFi markets in a safe, reliable way,” has announced that it raised $20 million in Series A funding. The investment round was led by Galaxy Digital and “included participation… Read More

June 9, 2022 @ 11:11 pm By JD Alois  |  

Anchorage, a federally chartered digital asset bank, has revealed an “industry-first” of having their custody exchange integrated with Binance.US. Anchorage said that 4 other platforms have committed to the service as well including CoinList, Blockchain.com, Wintermute, and Strix Leviathan. In a blog post, Anchorage explained… Read More

June 9, 2022 @ 5:04 pm By Omar Faridi  |  

StoneX Group Inc., a “diversified” global financial services firm providing execution, risk management and advisory services, market intelligence, and clearing services across multiple asset classes and markets around the world, recently announced the launch of StoneX Digital LLC , a subsidiary dedicated “to providing institutional… Read More

June 9, 2022 @ 2:10 pm By Omar Faridi  |  

Compute North, a firm focused on sustainable, large-scale computing infrastructure, has announced the appointment of Satyen Yadav as Chief Technology Officer “to advance innovation in distributed computing services, including cloud computing for machine learning applications.” As covered, Compute North works with clients in the blockchain/DLT,… Read More

June 9, 2022 @ 11:54 am By JD Alois  |  

The Securities and Exchange Commission (SEC) has posted a notice that the United States Court of Appeals for the Second Circuit has affirmed a district court order requiring compliance with investigative subpoenas served by the Commission on Terraform Labs Pte Ltd and Do Kwon – based… Read More

June 9, 2022 @ 11:47 am By Omar Faridi  |  

Kroll, the provider of data, technology and insights related to risk, governance and growth, today released its 2022 Anti-Bribery and Corruption Benchmarking Report, which found that 70% of survey respondents in the U.S. and Canada “ranked their anti-bribery and corruption (ABC) programs as effective, with… Read More

June 9, 2022 @ 10:29 am By Omar Faridi  |  

Triterras Inc., a Fintech company focused on trade and trade finance, and Unqork, the no-code enterprise application platform, recently announced that they have entered a partnership “to further digitize global trade finance.” Unqork will be used “to enhance the end-to-end trading lifecycle of Triterras’ Kratos… Read More

June 8, 2022 @ 10:47 pm By Omar Faridi  |  

Ever imagine visiting your banking branch virtually (without having to leave your residence) or conveniently discussing investment plans with a financial advisor? Well, the day is not so far away when you may have the option to transact, access banking details and access various banking… Read More

June 8, 2022 @ 9:37 pm By Omar Faridi  |  

  As the crucial underlying infrastructure of a public chain ecosystem, the mainnet’s performance “determines its development,” the IOST team notes in an update. Since the mainnet launch, the IOST development team claims it has “maintained an innovative attitude and has released frequent updates and… Read More

June 8, 2022 @ 4:49 pm By Omar Faridi  |  

SlowMist recently revealed that they’re working cooperatively with Go+ Security in order to help secure the future of Web3. The main goal of this cooperation is “to exchange data.” SlowMist will provide Go+ Security with their malicious address data of EVM tokens (mostly on ETH… Read More

June 8, 2022 @ 2:43 pm By JD Alois  |  

Longfin, a Reg A+ issuer that saw its shares trade on the Nasdaq only to later implode, has generated some more collateral damage as an audit firm providing services to the firm has been penalized by the Securities and Exchange Commission (SEC). Back in 2020,… Read More

June 8, 2022 @ 2:09 pm By JD Alois  |  

The New York State Department of Financial Services (DFS) has announced new guidance on dollar-based stablecoins which are issued by firms regulated by the DFS. The guidance does not apply to USD-backed stablecoins listed, but not issued, by DFS-regulated entities. Superintendent Adrienne A. Harris commented… Read More

June 8, 2022 @ 12:07 pm By Omar Faridi  |  

While the adoption of Web2 computing technologies has gained traction in the consumer and enterprise segments, security breaches and privacy concerns “continue to mar this space,” according to an update from Huobi. Web3 computing, with its inherent ability to alleviate such issues, “will likely see… Read More

June 8, 2022 @ 11:27 am By Omar Faridi  |  

The non-fungible token (NFT) boom of 2021 not only brought “mainstream attention” to digital art investment, it also “catalyzed increased development of the crypto metaverse,” according to an update from Kraken. The Metaverse — a previously “esoteric” term first used in the 1992 science fiction… Read More

June 8, 2022 @ 11:17 am By JD Alois  |  

The Securities and Exchange Commission (SEC) is investigating the BNB token, issued by the world’s largest crypto exchange Binance. This is according to a report by Bloomberg and should come as no surprise to anyone as the SEC has long messaged their view that just… Read More