Blockchain & Digital Assets

Blockchain, distributed ledger technology, crypto, digital assets, tokenization and stablecoin news.

Former SEC Official Predicts End of Businesses Accepting Cryptocurrency, Labels Crypto a “Menacing Cancer”

At least one former enforcement executive from the Securities and Exchange Commission (SEC) is predicting the demise of crypto – or at least a significant setback for digital assets. John Reed Stark, former head of the SEC’s Internet Enforcement team says that new rules from… Read More

MAS Reveals that Social Aspects of a Retail CBDC Featured “Strongly” in the Global CBDC Challenge: Report

Sopnendu Mohanty, Chief Fintech Officer at the Monetary Authority of Singapore (MAS), notes in the Global CBDC Challenge 2021 Report that history has shown that currency is a protean concept. Mohanty points out that from livestock around 9000 BC, to the introduction of paper money around… Read More

DeFi and Web 3.0 Platform Waves Is Planning to Establish DAO, Make Advances within Metaverse

The team and developers at Waves Protocol, which is an open blockchain protocol and development toolset for Web 3.0 apps and decentralized solutions, noted in an update that from automated market makers or AMM exchanges to “viral” products and innovative mechanics, this past 12 months… Read More

Daniel Larimer Says it’s Time to Upgrade EOS to Enable Distributed Autonomous Companies to Issue Crypto Tokens

Daniel (Dan) Larimer, who’s now on a mission to create “free market” solutions to “secure life, liberty, property, and justice for all” (http://edenoneos.com, http://hive.blog) after working as CTO at Block.one and being involved in various other ventures like Steemit and BitShares, says that it’s time… Read More

Tokenized Real Estate Market Remains Steady, Valued at $30M+, Trading Volume Surges Considerably in Dec 2021: Report

The team at Security Token Market (STM) has published their Real Estate Report for December 2021. STM writes in a blog post that December’s edition of the real estate report has an updated structure and they’ve also shared their analysis. Previously, this report primarily focused… Read More

Anchorage Is Expecting New Precedents to Be Set this Year in Product Innovation, Institutional Adoption of Digital Assets

Anchorage Digital, the first federally chartered digital asset bank that announced a Series D funding round of $350 million in December 2021, notes that as they look back at the developments from last year, “one pattern emerges: there’s a bright path ahead and they’re proud… Read More

Crypto Markets Massively Outperformed Other Asset Classes Last Year, Reasonable to Expect Market Crash in 2022: Report

The team at Blockchain.com, a leading block explorer, crypto wallet, and trading platform, says that 2021 witnessed a “fourth” major bull cycle for Bitcoin (BTC) and other crypto-assets. Historically, in the years that followed the previous large bull markets, we’ve seen “a struggle to hold gains… Read More

UK MPs Create New Crypto and Digital Assets APPG as Parliament Aims to Enable Digital Asset Innovation

The UK Parliament has created a cross-party group of MPs and Lords for “Crypto and Digital Assets.” The All-Party Parliamentary Group (APPG) aims to act as a forum for parliamentarians, policymakers and the UK crypto sector to discuss policy and regulation of the industry. According… Read More

Bank for International Settlements Appoints Raphael Auer as Head of Innovation Hub Eurosystem Centre

The Bank for International Settlements (BIS) has appointed Raphael Auer as the Head of Innovation Hub Eurosystem Centre. Auer is presently a principal economist in the Innovation and the Digital Economy division of the BIS’s Monetary and Economic Department. He has “contributed extensively to BIS… Read More

Cryptocurrency Adoption: Bitrefill Says You can Now Live on Crypto In Saudi Arabia

Bitrefill, a Fintech company that’s supporting digital currency adoption by helping consumers “live on crypto” with gift cards, phone refills, and Lightning Network access, claims that you can now live on crypto in Saudi Arabia. Bitrefill has reportedly added 73 new and popular gift cards… Read More

MoneyGram Confirms 4% Stake in Crypto Cash Exchange Coinme, Series A Round Now Complete

MoneyGram International this week announced it has completed a strategic minority investment in Coinme, an American cryptocurrency cash exchange. The deal, which gives MoneyGram an approximate four per cent ownership stake in Coinme, closes out Coinme’s Series A financing round. “At MoneyGram, we continue to… Read More

Regulated Crypto Exchange CoinSmart Reports Record Revenue in November

CoinSmart (NEO: SMRT) (FSE: IIR), one of the first approved crypto exchanges in Canada, says revenue hit a record amount of $1.94 million in November. CoinSmart Financial Inc., a publicly-traded firm, said preliminary unaudited monthly revenue in November 2021 represents a 7% increase compared to… Read More

Biconomy (BICO), Vulcan Protocol (PYR), Neos Credits (NCR) Trading Now Available via Poloniex

Starting now (on January 5, 2021), wallets are open via Poloniex and you can begin depositing Biconomy (BICO) into your Poloniex account. Clients may access full trading for BICO with a USDT pair: BICO/USDT will be “enabled at 06:00 AM UTC” on January 5. As… Read More

ICO Fraud: SEC Charges Crowd Machine, Metavine With Unregistered Sale of Digital Asset Securities

The Securities and Exchange Commission (SEC) has filed charges regarding allegations of a fraudulent initial coin offering (ICO). According to the SEC, Crowd Machine, Inc. and Metavine, Inc., allegedly sold unregistered digital asset securities. The SEC also charged Craig Spoule, an Australian citizen, as orchestrating… Read More

Chainalysis 2022 Report: Yes Crypto Fraud is Up, But Nowhere Near as Much as Legitimate Activity

While cryptocurrency-based crime reached historical highs in 2021, it pales in comparison to overall adoption increases, a draft of Chainalysis’ 2022 Crypto Crime Report shows. Addresses identified as illicit by Chainalysis received $14 billion in 2021, nearly double the $7.8 billion seen in 2020. There… Read More

Exotic Markets Acquires $5M to Bring Structured Products to Solana DeFi Ecosystem

DeFi protocol Exotic Markets has reportedly secured $5 million in capital from various prominent VCs and investors. In addition, the private token sale round attracted a lot of attention, as demand for structured products in decentralized finance has picked up, according to an update shared… Read More

AscendEX Adds Superalgos Automation Tools for Crypto Trading

Superalgos, an open-source community-owned trading intelligence project, this week announced its partnership with AscendEX, a global cryptocurrency platform. Through the partnership, Superalgos will bring the exchange’s users new trading automation tools, enabling them to deploy sophisticated automated trading systems. The Superalgos community, for its part, will… Read More

Mastercard Reveals How Jacksonville, Florida’s MRKT Is Using the Company’s Shop Anywhere Technology

Mastercard writes in an update that the future of physical retail is “slowly making its way into your daily life.” As noted by Mastercard (NYSE: MA), you may find an example of that trend “near Section 244 at TIAA Bank Field in Jacksonville, Florida.” There,… Read More

Internet Computer: DFINITY Shares Performance Updates, Reports Solid Year of Developer and Community Growth

The team at DFINITY writes in an extensive update that in 2021, it was another solid year of developer and community growth on the Internet Computer. As noted in a blog post by DFINITY, 2021 marked the Internet Computer’s public launch, which “catalyzed an explosion… Read More

Wirex Adds Additional Stablecoin Singapore Dollar Backed XSDG

Payments Fintech Wirex has added another stablecoin to its platform. According to Wirex, XSDG, a Singapore dollar backed stablecoin is now available alongside other popular stablecoins. Currently, Wirex offers six stablecoins; STASIS EURO (EURS), True (TUSD), USD Coin, (USDC), Tether (USDT), USDP, and now XSGD…. Read More

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