Blockchain & Digital Assets

February 2, 2022 @ 10:55 am By Omar Faridi  |  

The team at Security Token Market (STM) notes that cryptocurrencies have been an exciting yet “controversial” center of discussion heading into 2022. Virtual currencies like Bitcoin, Ethereum, and 8,000+ others have “maneuvered their way into everything from traditional Wall Street boardrooms, to innovation hubs in Silicon… Read More

February 2, 2022 @ 9:53 am By JD Alois  |  

While multiple countries around the world are pushing forward with a central bank digital currency (CBDC) and the US is reviewing the pros and cons, one prominent DC-based think tank is telling public officials not to move forward on a digital dollar. The Competitive Enterprise… Read More

February 2, 2022 @ 9:07 am By Omar Faridi  |  

Republic Realm, one of the “most active” developers of the Metaverse and NFT ecosystem, recently announced the introduction of the inaugural collection of GFTs in collaboration with Atari, one of the most “iconic” brands. GFTs are NFTs specifically designed for gifting, and they “initially appear… Read More

February 2, 2022 @ 8:30 am By Omar Faridi  |  

Chivo, which claims to be the world’s first national cryptocurrency wallet, is currently operating with AlphaPoint white label infrastructure. AlphaPoint, which offers fast, scalable financial technology to institutions internationally, is helping El Salvador to provide financial services and access to Bitcoin for almost 4.5 million… Read More

February 1, 2022 @ 11:26 pm By JD Alois  |  

Global Digital Finance, an advocacy group promoting digital assets (crypto-assets) has published its annual compendium of the digital asset sector. It should come as no surprise that GDF would like to see greater clarity globally when it comes to regulating crypto. According to the group’s… Read More

February 1, 2022 @ 9:52 pm By Tony Zerucha  |  

HashKey Group, a digital asset financial services group in Asia, announced its asset management subsidiary has completed an initial closing of its new fund in December 2021 with commitments of US $360 million. The newly raised capital will be used to fund entrepreneurs and startups… Read More

February 1, 2022 @ 9:29 pm By Tony Zerucha  |  

The Reserve Bank of India plans to launch a digital rupee in the 2022-23 fiscal year that begins on April Fools’ Day, Finance Minister Nirmala Sitharaman said today, saying it will boost the digital economy. She made the comments while delivering the country’s annual budget…. Read More

February 1, 2022 @ 2:59 pm By Omar Faridi  |  

Brian Armstrong, CEO and Co-Founder of digital asset firm Coinbase (NASDAQ: COIN), confirms that commerce pioneer and open-source programmer, Tobias Lütke will bring his extensive experience and perspective to bear as Coinbase continues to expand its global presence and develop new products. Armstrong wrote in… Read More

February 1, 2022 @ 11:38 am By JD Alois  |  

Amber Group has acquired DeCurret Inc., a crypto exchange subsidiary of DeCurret Holdings Inc. The transaction was completed by Amber Group subsidiary WhaleFin Holdings Japan K.K (WhaleFin Japan). The transaction enables Amber Group’s entry into Japan, having acquired a Crypto-Asset Exchange Service Provider (CAESP)  registered… Read More

February 1, 2022 @ 9:06 am By Omar Faridi  |  

Alan Lane, CEO at Silvergate Capital (NYSE:SI), has noted that the bank holding company aims to introduce a stablecoin by the end of 2022.  The plan has been revealed after the firm’s recent acquisitions of assets and intellectual property (IP) from Meta’s (Facebook) (NASDAQ:FB) crypto project… Read More

February 1, 2022 @ 8:46 am By Omar Faridi  |  

An “unofficial” Minecraft NFT collection is now the most recent initiative that turned out to be a rug pull (but the founders claim otherwise). Recently, the project called “Blockverse”, which offered an on-chain Ethereum NFT that claimed to support a unique P2E on Minecraft “like… Read More

February 1, 2022 @ 8:30 am By Justin Daniels  |  

Non-fungible tokens (NFT) are currently the belle of the blockchain ball. The revenue related to sales of NFT’s are staggering: $69 Million for Beeple while NBA’s Top Shot swished over $700M in sales in less than a year. Open Sea, the largest NFT exchange, has a… Read More

January 31, 2022 @ 7:14 pm By JD Alois  |  

Last week, several Senate and House Democrats sent a letter to established crypto miners.  The letter queried miners on the negative impact on the climate due to high energy usage caused by mining crypto, like Bitcoin. The letter was signed by Senators Elizabeth Warren, Sheldon… Read More

January 31, 2022 @ 6:10 pm By Omar Faridi  |  

The team at digital asset firm Kraken is pleased to confirm that their platform now supports staking for TRON (TRX) holders. You may head into the Earn section of your Kraken account to begin earning rewards on your TRX (as of January 28, 2022). Please… Read More

January 31, 2022 @ 5:57 pm By Omar Faridi  |  

Digital asset exchange Okcoin has reportedly become the first crypto trading platform in the world to list NYCCoin, which is the CityCoin for New York City. As explained in the update from Okcoin, the NYCCoin (NYC) is the CityCoin for New York City. The first… Read More

January 31, 2022 @ 3:30 pm By JD Alois  |  

Calling Democrat authored legislation a “direct attack on the digital asset industry, Senator Cynthia Lummis is warning industry participants and proponents alike that the America Competes Act (HR 4521) may decimate the crypto sector. In a series of tweets, Senator Lummis, well-known for her advocacy… Read More

January 31, 2022 @ 2:59 pm By JD Alois  |  

Targeting a beta launch in Q2 2022, with the goal of a national rollout later in the year, WisdomTree (NASDAQ: WETF) is pushing forward with its vision of a digital asset transformation. The news was shared as part of its earnings report delivered last week…. Read More

January 31, 2022 @ 11:07 am By JD Alois  |  

Digital asset trading tanked during January, a statement that should come as no surprise to industry observers. CryptoCompare, a digital asset data provider, states that Bitcoin trading sunk by 23.3%, and Ethereum performed even worse dropping by 36.9%. This is in contrast to all-time trading… Read More

January 31, 2022 @ 10:20 am By JD Alois  |  

BitMEX, a crypto derivatives exchange that will soon operate a crypto spot marketplace, says it has now airdropped over 1.5 million BMEX tokens. BitMEX added that the BMEX Token Litepaper is now available as well. BMEX is an ERC-20 token that provides rewards to its… Read More

January 31, 2022 @ 9:54 am By JD Alois  |  

Circle has announced support for USDC on the Flow network. Flow is -a Web3 platform originally created by Dapper Labs, that includes an ecosystem of NFT projects including NBA Top Shot, BALLERZ, Matrix World, and others. USDC is the second-largest stablecoin by market cap in… Read More