Blockchain & Digital Assets

January 14, 2022 @ 5:27 pm By Tony Zerucha  |  

Payment technology firm Nuvei this week announced the release of its latest white paper Mystery to Opportunity: The Future of Crypto Payments. It discusses the potential of cryptocurrencies as a viable payment method in e-commerce and considers possible adoption scenarios that could unfold in the near future…. Read More

January 14, 2022 @ 4:32 pm By Omar Faridi  |  

The team at digital assets firm Kraken notes that if 2020 was the year of the bull, 2021 was the year that “crypto went mainstream.” During the past year, they claim to have “witnessed leaps in adoption, infrastructure, regulation, and policy — not to mention… Read More

January 14, 2022 @ 1:42 pm By JD Alois  |  

The Swiss National Bank (SNB) has successfully tested wholesale CBCD [central bank digital currency] settlement in a partnership with the Bank for International Settlements (BIS) and SIX (parent of the Swiss Stock Exchange). The test was completed during Q4 2021. The project utilized SDX, the… Read More

January 14, 2022 @ 1:19 pm By JD Alois  |  

Neufund, once a high-profile security token platform offering primary issuance based in Germany, has decided to shut down. In 2018, Neufund announced its first “equity token offering” or ETO that was initially said to be in compliance with German law. At that time, Neufund co-founder… Read More

January 14, 2022 @ 7:55 am By Omar Faridi  |  

Trent Fuenmayor, Program Manager, Coinbase Giving, has announced the initiative’s second developer grant recipients. In August of last year, Coinbase (NASDAQ:COIN) via their Giving initiative, made a call for applications via their Crypto Community Fund that is “focused on blockchain developers who contribute directly to a… Read More

January 13, 2022 @ 6:04 pm By JD Alois  |  

Everyone knows that crypto mining can use a lot of energy. Blockchain transactions in generally can inhale a lot of server time. All of this means that crypto is not the most energy-efficient sector of Fintech. This fact has caught the eye of elected officials… Read More

January 13, 2022 @ 5:43 pm By Tony Zerucha  |  

The American Blockchain Political Action Committee this week appointed Michael Onghai to its board of advisors. A former CEO of Looksmart, Onghai is also a seed investor in Coinbase, FundersClub, and Upflex. He currently is principal and seed investor in Alpha Sigma Funds, and a… Read More

January 13, 2022 @ 2:25 pm By Tony Zerucha  |  

SpaceChain today announced the successful launch mission of its blockchain-enabled payload, integrated with the space node created for Velas Network AG. It went into space onboard a SpaceX Falcon 9 rocket. The payload was installed onto a satellite designed and manufactured by Spire Global, which… Read More

January 13, 2022 @ 10:39 am By JD Alois  |  

Tokeny, a European security token issuance platform, has raised more money in a “strategic” funding round. While a total amount of investment was not disclosed, Tokeny said that the funding included a €5m investment by Inveniam, Apex, and K20 Fund. Simultaneously, Tokeny announced a partnership… Read More

January 13, 2022 @ 9:46 am By JD Alois  |  

The European Commission has selected 5 blockchain providers as part of the ongoing European Blockchain Services Infrastructure (EBSI) initiative. The EBSI has been in the works for several years now as the EU aims to leverage blockchain technology to improve or add digital services to benefit the population… Read More

January 13, 2022 @ 8:15 am By Omar Faridi  |  

SEBA Bank, a fully integrated, FINMA licensed digital assets banking platform, announced that it has finalized a Series C round, “raising CHF 110 million.” The investment round was co-led by a consortium of blockchain and Fintech investors, comprised of Altive, Ordway Selections, and Summer Capital,… Read More

January 13, 2022 @ 1:17 am By Tony Zerucha  |  

    Bitcoin, other cryptocurrencies and NFTs are more trusted than stocks to give investors better returns in 2022, suggests a poll of close to 6,000 people on business networking site LinkedIn. The poll, conducted over the past two weeks, finds 30 per cent of… Read More

January 13, 2022 @ 12:28 am By Omar Faridi  |  

The Metaverse and the GameFi world have grown tremendously, with nearly every blockchain  ecosystem in the crypto space getting more actively involved. Polygon (POLY) ecosystem’s capabilities of building and connecting different blockchains and dApps is being supported by the launch of Polygon Studios, which is… Read More

January 12, 2022 @ 10:23 pm By Omar Faridi  |  

CoinDCX, which is India’s first crypto unicorn and claims to be the nation’s “safest” digital asset exchange, announced the appointment of Divakar Prayaga as SVP and Head of Information Security. As mentioned in an update shared with CI, Divakar will be expected to play a… Read More

January 12, 2022 @ 5:49 pm By JD Alois  |  

Coinbase (NASDAQ:COIN) has acquired FairX, a Chicago-based, Commodity Futures Trading Commission (CFTC ) regulated derivatives exchange. In a blog post, Coinbase described the acquisition as the next step towards creating a “robust and holistic trading environment investors are seeking.” Coinbase currently operates under a hodge-podge… Read More

January 12, 2022 @ 5:24 pm By JD Alois  |  

Congressman Tom Emmer introduced legislation today designed to prohibit the US Federal Reserve from issuing Central Bank Digital Currency (CBDCs) directly to consumers. Emmer is a member of the House Committee on Financial Services and ranking Member on the Fintech Task Force. According to the… Read More

January 12, 2022 @ 3:02 pm By Omar Faridi  |  

Pastel Network, which claims to be the first application-specific and purpose-built NFT blockchain that has “developed protocols tailored to address the needs of the NFT space,” has teamed up with Nervos Network, which is a suite of interoperable protocols “built on top of an open… Read More

January 12, 2022 @ 12:05 pm By JD Alois  |  

Chairman of the Federal Reserve Jerome Powell spent much of yesterday testifying in front of the US Senate Banking Committee as part of his nomination process. It is anticipated that Powell will easily be approved by the Committee as well as the full Senate for… Read More

January 12, 2022 @ 11:05 am By Tony Zerucha  |  

ADDX, a Singapore-based firm, is making private market investing available to many wealthy investors who were previously excluded from the opportunity. There is strong demand for the service, Oi-Yee Choo ADDX chief commercial officer said. Choo brings two decades of capital raising and mergers and… Read More

January 12, 2022 @ 10:41 am By JD Alois  |  

Checkout.com has announced a $1 billion funding at a whopping $40 billion valuation. The Fintech said the Series D funding round garnered the participation of Altimeter, Dragoneer, Franklin Templeton, GIC, Insight Partners, the Qatar Investment Authority, Tiger Global, the Oxford Endowment Fund, and another large… Read More