Blockchain & Digital Assets

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

January 31, 2022 @ 9:30 am By JD Alois  |  

FTX, the global crypto trading platform, has raised a $400 million Series C round at a $32 billion valuation according to a company statement. Earlier this month, FTX.us, the US-facing crypto trading platform, raised a $400 million Series A round valuing the firm at $8… Read More

January 31, 2022 @ 9:01 am By JD Alois  |  

  Societe Generale, the 3rd largest global bank based in France, has listed security tokens on the Luxembourg Stock Exchange (LuxSE). These are the first securities admitted to the exchange that utilizes blockchain or a public Distributed Ledger Technology (DLT). Since April 2019, Societe Generale… Read More

January 31, 2022 @ 8:12 am By Omar Faridi  |  

Binance Labs, the venture capital and innovation incubation division of Binance, has announced a strategic investment in StarryNift, the game Metaverse and co-creating platform that aims to bring the Metaverse space to greater heights. StarryNift is described as the first gamified “massive” co-creation Web 3.0… Read More

January 31, 2022 @ 8:06 am By Omar Faridi  |  

Digital asset firm Gemini says that they’re pleased to confirm that Gemini Galactic Markets (Gemini Galactic), an affiliate of the Gemini Trust Company, has received approval from FINRA to serve as a broker-dealer registered with the US Securities and Exchange Commission (SEC) and has officially… Read More

January 30, 2022 @ 8:00 pm By Tony Zerucha  |  

As the company enters its tenth year in operation, digital bank N26 has grown and adjusted with, the times. The company was founded in 2013 by Valentin Stalf and Maximilian Tayenthal and launched their first products in 2015. In 2016 they secured a full European… Read More

January 30, 2022 @ 12:36 pm By Xu Gao  |  

HKEX Welcomes the First SPAC On January 17th, Aquila Acquisition Corporation, a special purpose acquisition company (SPAC), submitted a listing application to HKEX. The sponsors of the company are CMB International Capital Corporation Limited (“CMBI”) and AAC Mgmt Holding Ltd. According to the preliminary prospectus,… Read More

January 30, 2022 @ 12:25 pm By Omar Faridi  |  

Fidelity is reportedly trying to make its own moves into the fast-evolving Metaverse economy. Fidelity, which manages trillions of dollars in customer assets, has submitted an application with the US Securities and Exchange Commission (SEC) this past Friday for an exchange-traded fund (ETF), known as… Read More

January 30, 2022 @ 12:21 pm By Omar Faridi  |  

Kazakhstan, which is reportedly the world’s second-largest miner of Bitcoin (BTC), the flagship cryptocurrency, has closed down its digital currency mining operations until the end of this month. Kazakhstan‘s State electricity provider KEGOC decided to cut off the supply to the virtual currency miners after… Read More

January 29, 2022 @ 4:59 pm By Omar Faridi  |  

The ICICB Group claims that it has an established track record of launching innovative businesses and propositions with consistency. The Group is known for reviewing the scope of possibilities, from initial strategy to technical development. As mentioned in an update shared by the ICICB Group,… Read More

January 29, 2022 @ 10:48 am By Omar Faridi  |  

At 9:34PM UTC on January 27, 2022, a bad actor started their exploit of Qubit Finance’s Ethereum (ETH) to Binance Smart Chain (BSC) bridge. As noted in an update from CertiK, this particular exploit “ended up netting them 77,162 qXETH ($185 million), which they then… Read More

January 29, 2022 @ 10:46 am By Omar Faridi  |  

Paul Krugman, an American economist and public intellectual, who is Distinguished Professor of Economics at the Graduate Center of the City University of New York, has warned consumers about the volatile virtual currency markets. Krugman, a Nobel-prize-winning economist, has compared the fast-evolving cryptocurrency markets to the… Read More

January 29, 2022 @ 10:42 am By JD Alois  |  

Unblocked, aka The Non Fungible Token Company (NFTCo), says it has finalized a $10 million seed funding round at a post-money valuation of $90 million.  Unblocked adds that it previously raised $5 million in pre-seed funding in 2021. Investors include Tiger Global, Penske Media, Electric… Read More

January 28, 2022 @ 6:32 pm By JD Alois  |  

Digital asset prime brokerage Genesis published a report on Q4 operations this week. Genesis serves institutional investors and select accredited investors with assets of $10 million or more. According to Genesis, Q4 2021 was its stronger quarter ever with approximately $102 billion in transactional volume…. Read More

January 28, 2022 @ 6:09 pm By Omar Faridi  |  

IHS Markit (NYSE: INFO), a key player in critical information, analytics and solutions, has announced a partnership with METACO, the provider of security-critical software and infrastructure to Tier 1 banking institutions operating in the crypto-asset ecosystem. As mentioned in an update shared with Crowdfund Insider,… Read More

January 28, 2022 @ 1:01 pm By Omar Faridi  |  

In 2017, the team at CoinTracker began “tinkering” with cryptocurrency. CoinTracker writes in a blog post that they set up accounts on several different exchanges and started using a bunch of digital wallets. The company points out that while exchanges and virtual wallets have made… Read More

January 28, 2022 @ 12:56 pm By Omar Faridi  |  

The INX Digital Company, Inc. (NEO: INXD), the owner of crypto-asset trading platforms, is pleased to confirm that the firm’s common shares will begin trading on the Neo Exchange Inc., under the ticker symbol “INXD”. The firm and its wholly-owned subsidiaries together form the “INX… Read More

January 28, 2022 @ 9:29 am By Omar Faridi  |  

The team at Fireblocks has announced that they’ve acquired $550 million in capital through a Series E round. This brings Fireblocks‘ valuation to $8 billion, making the Fintech firm “the highest-valued digital asset infrastructure provider in the world.” As mentioned in the update from Fireblocks:… Read More

January 28, 2022 @ 9:21 am By JD Alois  |  

Yesterday, the Securities and Exchange Commission (SEC) approved the first securities exchange to utilized blockchain technology. BSTX, a joint venture between tZERO and Box Digital Markets, may now trade publicly listed securities while benefitting from blockchain tech. This includes the ability for immediate settlement, transparent… Read More