Blockchain & Digital Assets

January 21, 2022 @ 12:27 am By Omar Faridi  |  

Digital asset firm Gemini noted on January 19, 2022, that they’re acquiring Omniex, a trading tech platform that offers order, execution, and portfolio management system solutions for institutional cryptocurrency trading. As mentioned in a blog post, the acquisition enables Gemini to “publicly launch Gemini Prime,… Read More

January 20, 2022 @ 11:27 pm By Omar Faridi  |  

METACO, the provider of security-critical software and infrastructure to the digital asset ecosystem, has announced that Union Bank of the Philippines is implementing its digital asset management services. As noted in an update shared with CI, UnionBank is deploying services on IBM Cloud, in order to… Read More

January 20, 2022 @ 9:12 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has settled with tZERO ATS for transgressing certain rules. An ATS, or alternative trading system, is similar to an exchange as approved operators may facilitate trading of securities. According to the SEC, tZERO ATS must cease and desist from committing… Read More

January 20, 2022 @ 8:43 pm By Omar Faridi  |  

Qi (formerly Stark Payments), a company that enables businesses to accept virtual currencies like Bitcoin, Ethereum and others as a regular payment, has raised 66% (£231,497) of its £350,000 target from 160 investors (at the time of writing) through its crowdfunding campaign carried out via… Read More

January 20, 2022 @ 8:41 pm By Tony Zerucha  |  

Cardano, a rival cryptocurrency to Ethereum, is likely to hit all-time highs of $2 before the end of 2022, predicts deVere Group CEO Nigel Green. The bullish guess comes as Cardano (ADA), the fifth-largest crypto, has jumped by almost 50 per cent in seven days… Read More

January 20, 2022 @ 5:16 pm By Tony Zerucha  |  

Folks Finance, a capital markets protocol for borrowing and lending built on the top of the Algorand blockchain, today announced the closing of its $3 million seed funding round, led by Borderless Capital with participation from a group including Jump Crypto, ParaFi Capital, Coinbase Ventures,… Read More

January 20, 2022 @ 3:57 pm By Omar Faridi  |  

Digital asset firm Kraken is pleased to announce that their trading platform now supports staking for MINA token holders. Kraken users may head into the Earn section of their accounts to put their MINA “to work” today (staring January 18, 2022). (Note: Staking is currently… Read More

January 20, 2022 @ 3:35 pm By JD Alois  |  

The US Federal Reserve has published a discussion paper on central bank digital currencies or CBDCs. The consultation paper has long been anticipated from the central bank. The discussion paper summarizes the current state of the domestic payments system and discusses the different types of… Read More

January 20, 2022 @ 11:39 am By Tony Zerucha  |  

Fintech firm Milo this week announced its new crypto mortgage, a move it believes will make it easier for cryptocurrency investors to deploy their digital assets in the purchase of US real estate. They expect it to become available in the coming weeks. Milo clients will… Read More

January 20, 2022 @ 10:22 am By Omar Faridi  |  

The 1inch Network announced on January 20, 2022 that they’ve expanded to Avalanche (AVAX) and Gnosis Chain (GNO). As explained in the update, the expansion to the two fast-growing blockchains will aim to “offer 1inch users more options for low-costs, high-speed transactions.” The 1inch Network… Read More

January 20, 2022 @ 1:17 am By Omar Faridi  |  

The team at Security Token Market (STM) has released a report titled, State of Security Tokens 2022 — Industry Overview. Peter Gaffney, the Head of Research from Security Token Advisors, notes that the “high-level” lifecycle of a security token includes the following: Asset Selection Offering Structuring… Read More

January 19, 2022 @ 4:05 pm By Tony Zerucha  |  

  Like many Fintech entrepreneurs, Tokeny CEO Luc Falempin, was immediately excited when he read the Bitcoin whitepaper, so much that he devoted his career to using blockchain technology to make financial markets available to everyone. A few years later, Falempin is well on his… Read More

January 19, 2022 @ 10:42 am By JD Alois  |  

Hedera Hashgraph says it will open-source its blockchain technology during 2022. Simultaneously, the Hedera Governing Council reports that it has voted to purchase the intellectual property rights to the Hashgraph consensus algorithm from Swirlds, Inc., the original creator of the Hashgraph consensus algorithm and founding… Read More

January 19, 2022 @ 8:58 am By Omar Faridi  |  

The Sentinel Protocol team, which is operating a platform leveraging blockchain technology in order to harness collective cyber security intelligence to protect crypto assets against hackers, scams and fraud, has provided an update regarding the suspicious activity incident involving Crypto.com. Through their team’s preliminary analysis,… Read More

January 18, 2022 @ 11:37 pm By Omar Faridi  |  

The team at Utrust notes that if you’ve been following them for a while, then you will know that they are “not fond of overly hyping [their] announcements.” Utrust claims that they are “focused on delivering, not fanfare.” The company writes in a blog post… Read More

January 18, 2022 @ 11:31 pm By JD Alois  |  

eToro, an online investment platform, says it has added exchange-traded funds (ETFs) and stocks to its US-facing offerings. eToro already offers crypto trading in the US. Crypto trading is offered via eToro USA LLC and securities trading is offered via eToro USA Securities, Inc., a… Read More

January 18, 2022 @ 8:41 pm By Omar Faridi  |  

Shaun Scovil, General Manager at digital assets firm Poloniex, notes that as they embark on their eighth year of operations, the team has reflected on all the great things they think they’ve accomplished so far, while “preparing for the exciting challenges and opportunities ahead.” Shaun… Read More

January 18, 2022 @ 7:11 pm By Omar Faridi  |  

The team at digital assets platform Celsius Network notes that since their goal is to bring the next 100 million consumers to crypto, they are constantly looking to offer (what they consider to be) the “best” experiences and “opportunities” for their community. This reportedly includes looking… Read More

January 18, 2022 @ 5:56 pm By Tony Zerucha  |  

The Monetary Authority of Singapore (MAS) today took steps to effectively ban the advertising of cryptocurrencies to the general public. The guidelines cover payment institutions, banks and other financial institutions, as well as applicants under Singapore’s Payment Services Act. Services included in the directives are… Read More

January 18, 2022 @ 5:39 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has filed fraud charges against Paul A. Garcia of Severance, Colorado, for allegedly stealing approximately one-quarter of investor funds raised for Gold Hawgs Development Corp. Gold Hawgs reportedly sought to develop a gold hawg token that would be backed… Read More