Blockchain & Digital Assets

February 9, 2022 @ 6:07 pm By Omar Faridi  |  

The Federal Deposit Insurance Corporation (FDIC) Acting Chair Martin J. Gruenberg released on February 7, 2022 the following statement and summary of the FDIC’s priorities for the coming year: “The FDIC’s core mission is to maintain stability and public confidence in the U.S. financial system…. Read More

February 9, 2022 @ 10:25 am By JD Alois  |  

The Wall Street Blockchain Alliance (WSBA) has announced various working groups to tackle specific issues within the blockchain sector. WSBA advocates on behalf of blockchain technology, such as tokenization, within the financial services sector. Ron Quaranta, Chairman of WSBA, commented: “Given the impact and importance… Read More

February 9, 2022 @ 8:35 am By Omar Faridi  |  

On August 2, 2016, Bitfinex – notably one of the largest virtual currency exchanges in the world – experienced a massive security breach. In a span of fewer than two hours, around 120,000 Bitcoins (BTC) had been stolen from Bitfinex and spread across 2,075 different… Read More

February 9, 2022 @ 8:09 am By Omar Faridi  |  

Just a few days following the Wormhole Portal hack that led to losses of more than $302 million, Meter’s Passport bridge has experienced a similar attack. The hack on meter.io has been estimated to be “a loss of around $4.3 Million, comprising $4.2 million in… Read More

February 9, 2022 @ 8:07 am By Omar Faridi  |  

The team at MoonPay notes that they are pleased to announce that they are now live with CoinGate. This integration, which has been announced after a $555 million Series A at a $3.4 billion valuation, makes it easier for CoinGate’s users to purchase Bitcoin, Ethereum,… Read More

February 8, 2022 @ 3:09 pm By Tony Zerucha  |  

Betterment, an independent digital investment advisor, has entered into an agreement to acquire cryptocurrency portfolio management company Makara. The move allows Betterment clients to invest in diversified cryptocurrency portfolios alongside their current investments. Makara personnel will move over once the deal is finalized later this… Read More

February 8, 2022 @ 11:16 am By JD Alois  |  

NFTGo.io, an NFT data analytics platform, has raised $6.75 million in a pre-Series A round, according to a statement from the company. The funding round was led by Qiming Venture Partners, with participation from SeaX Ventures, Youbi, Circle, Altonomy, Zonff Partners, Hash Global, and mask.io…. Read More

February 8, 2022 @ 10:38 am By Omar Faridi  |  

KPMG in Canada has reportedly completed an allocation of crypto-assets to its corporate treasury, the company’s first direct investment in digital assets. The allocation includes Bitcoin (BTC) and Ethereum (ETH), as well as carbon offsets to “maintain a net-zero carbon transaction to deliver on the… Read More

February 8, 2022 @ 9:29 am By Omar Faridi  |  

We recently connected with Harjyot Singh, Technology Director at Human Protocol, which has been specifically designed for tokenizing work. HUMAN Protocol connects projects with millions of international respondents, offering not only access to a global Q&A, but the blockchain or distributed ledger tech (DLT) infrastructure… Read More

February 8, 2022 @ 9:22 am By Omar Faridi  |  

We recently connected with Seira Yun, the Founder & CEO at Socious, a Fintech/Community App for social change. Seira Yun, a Japanese serial social entrepreneur, full-stack developer, and impact angel investor told Crowdfund Insider that he’s interested in getting more involved in the decentralized/distributed autonomous… Read More

February 8, 2022 @ 8:52 am By Omar Faridi  |  

The team at Flow is pleased to announce that a FLOW/USD Chainlink Price Feed is currently available to decentralized applications (dApps) on the Ethereum blockchain. With a secure and reliable FLOW price feed, application developers and existing DeFi platforms on Ethereum may integrate FLOW into… Read More

February 7, 2022 @ 10:56 pm By JD Alois  |  

The House Committee on Financial Services will hold a virtual hearing tomorrow (February 8) with a single witness scheduled to testify. The hearing entitled, “Digital Assets and the Future of Finance: The President’s Working Group on Financial Markets’ Report on Stablecoins” will involve the testimony… Read More

February 7, 2022 @ 8:04 pm By Omar Faridi  |  

Didi Taihuttu, who is a member of “Bitcoin Family,” is reportedly settling down in Portugal, which is one of Europe’s crypto tax havens, according to a report by CNBC. Settling down in Portugal is a huge deal for the family of five (originally from Netherlands),… Read More

February 7, 2022 @ 4:02 pm By JD Alois  |  

Blockchain platform Aleo has raised a huge $200 million Series B funding round that delivered a valuation of $1.45 billion. The funding was led by Kora Management LP and SoftBank Vision Fund 2, with participation from Tiger Global, Sea Capital, Slow Ventures, Samsung Next, and… Read More

February 7, 2022 @ 2:52 pm By JD Alois  |  

Curzio Equity Owners digital security has started trading on tZERO ATS, a digital marketplace for digital assets. The shares represent preferred equity in Curzio Research, a newsletter founded by Frank Curzio that aims to provide market analysis and investing advice. Alan Konevsky, tZERO Interim Chief… Read More

February 7, 2022 @ 10:38 am By JD Alois  |  

Wirex, a digital payments platform with over 4.5 million customers across 130 countries that incorporates crypto, has expanded its services into the United States, according to a company statement. Wirex states that after partnering with Zero Hash, Checkout.com, Visa, and Sutton Bank, it has begun… Read More

February 7, 2022 @ 10:24 am By JD Alois  |  

FTX, a fast-growing digital asset marketplace, has posted “key principles” to ensure investor protection. FTX operates globally but has a US-facing marketplace for crypto trading. Federal regulators are poised to add new regulations for platforms that engage in digital asset trading and SEC Chairman Gary… Read More

February 7, 2022 @ 10:08 am By Omar Faridi  |  

Decentralized applications store DappRadar recently shared its January 2022 Dapp Industry Report, noting relative stability for the blockchain or distributed ledger tech (DLT) ecosystem even though we are currently in a bearish cryptocurrency market. NFTs emerged, once again, as a record-breaking segment, “marking $16 billion… Read More

February 7, 2022 @ 9:06 am By JD Alois  |  

Chip, a savings and investment app that is authorised by the UK FCA as a payments provider, has added Crypto Companies Fund to its list of available funds for its users. While not offering direct crypto trading, Chip is providing a path for adding crypto… Read More

February 7, 2022 @ 8:43 am By Omar Faridi  |  

Cardano (ADA) initially gained attention back in 2017 as one of the more anticipated Initial Coin Offerings (ICO) of that year. Over the years, the initiative persisted through an extended crypto bear market to earn its place among the top crypto-assets by market cap. In… Read More