Blockchain & Digital Assets

March 8, 2022 @ 9:38 pm By Tony Zerucha  |  

Immutable, a carbon-neutral, scalable platform for trading NFTs on Ethereum, this week announced it secured $200 million in Series C financing led by Temasek, with investments from Animoca Brands and Tencent, bringing its valuation to $2.5 billion. ParaFi Capital, Princeville Capital, Arrington Capital, Mirae Asset and Liberty Global also… Read More

March 8, 2022 @ 8:40 pm By Omar Faridi  |  

Optiver Principal Strategic Investments (PSI) confirmed, earlier last month, that it took part in the Series A funding round for Paradigm, a trading platform for cryptocurrency options and futures. New York-based Paradigm is focused on supporting institutional-level liquidity for cryptocurrency derivatives through their chat-based multi-dealer… Read More

March 8, 2022 @ 8:05 pm By Omar Faridi  |  

Bit.com, the “high-performance” digital currency exchange, will be partnering with TON (The Open Network) to form a “strategic” partnership to “develop, enhance and expand the TON Ecosystem.” The platform will be “utilizing its trusted security partner, Cactus Custody, to support TON’s native token custody by… Read More

March 8, 2022 @ 7:35 pm By Tony Zerucha  |  

Crypto platform Wirex has partnered with DEX aggregator Paraswap, the companies announced today. Using Paraswap’s price algorithm, Wirex Wallet users will now be able to exchange multiple tokens, saving users large amounts of money and effort. The Paraswap integration will enable users to swap their… Read More

March 8, 2022 @ 6:31 pm By Tony Zerucha  |  

FBH, and its fully owned subsidiary Moonstone Bank, today announced that it has raised $11.5 million in a private placement from an investment by Alameda Research Ventures. The two entities have committed to making traditional financial systems work for innovative small to medium-sized enterprises that are underserved… Read More

March 8, 2022 @ 5:31 pm By Omar Faridi  |  

Resonate (RESO), a “decentralized” social NFT platform that is centered on enabling users to have a decentralized AI-enhanced, “trusted” social experience “free from all forms of malicious, untrustworthy sources and actors” is set to launch on Fetch.ai. The first version of the platform “enables users… Read More

March 8, 2022 @ 4:09 pm By JD Alois  |  

Coinbase (NASDAQ:COIN) has published a blog post on how it uses technology to adhere to sanctions compliance. The post follows the many economic sanctions that have been applied to Russia, and Belarus, following the unprovoked invasion of Ukraine. Coinbase notes that it has blocked over… Read More

March 8, 2022 @ 3:29 pm By Omar Faridi  |  

Former Ukrainian boxer Wladimir Klitschko and artist WhIsBe have teamed up to launch NFTs in support of Ukraine “amidst an unprecedented crisis in the country, NFT creative agency Metacurio announced.” All proceeds will reportedly “go to Red Cross Ukraine and UNICEF, ensuring that funds from… Read More

March 8, 2022 @ 3:28 pm By JD Alois  |  

The Commodity Futures Trading Commission (CFTC) has charged Dwayne Golden of Florida, Jatin Patel of India, Marquis Egerton of North Carolina, and Gregory Aggesen of New York with fraud for operating a Ponzi scam involving Bitcoin. According to the CFTC, the four individuals fraudulently solicited more… Read More

March 8, 2022 @ 3:03 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has announced fraud charges against John and JonAtina (Tina) Barksdale – a brother and sister team that allegedly pursued two fraudulent digital token offerings that garnered $124 million from retail investors. In a parallel action, the U.S. Attorney’s Office… Read More

March 8, 2022 @ 10:45 am By JD Alois  |  

Yesterday, FinCEN, the enforcement branch of the US Department of Treasury, posted an Alert on “Increased Vigilance for Potential Russian Sanctions Evasion Attempts.” Russia, along with Belarus, have been targeted with economic sanctions designed to pressure these countries following the unprovoked invasion of Ukraine. FinCEN… Read More

March 8, 2022 @ 10:34 am By JD Alois  |  

Avalanche has announced the Avalanche Multiverse, a project designed to support blockchain-enabled gaming, DeFi, NFTs, and more. Avalanche is a speedy blockchain alternative that solves existing problems in legacy networks like Ethereum.  Because of its superior performance it has seen solid growth. In a blog… Read More

March 8, 2022 @ 9:14 am By JD Alois  |  

Multiple reports are claiming that the White House will issue an Executive Order on cryptocurrency at some point this week. The news follows days of concern from some policymakers that Russia and its elites may leverage crypto to evade the growing list of economic sanctions…. Read More

March 7, 2022 @ 6:59 pm By Omar Faridi  |  

Luna Foundation Guard, which secured $1 billion to establish a Bitcoin reserve for the UST stablecoin, has confirmed that the funding would be channeled towards creating a new reserve that may serve as a release valve for UST redemptions at the time of selloffs in… Read More

March 7, 2022 @ 4:32 pm By Omar Faridi  |  

NYDIG says it is committed to partnering with banking institutions to integrate Bitcoin into their products. Landry’s, Inc., the owner/operator of more than 65 brands with over 600 locations internationally, recently noted that Select Club members will now be able to earn Bitcoin points “when… Read More

March 7, 2022 @ 4:02 pm By JD Alois  |  

The UK Financial Conduct Authority (FCA) has issued a statement pertaining to EQONEX Limited and the Binance Group stating that Bifinity will advance a USD $36 million in a convertible loan to EQONEX. EQONEX is a firm based in Singapore that is listed on the NASDAQ… Read More

March 7, 2022 @ 3:11 pm By JD Alois  |  

In light of Russia’s invasion of Ukraine and the ensuing sanctions applied by the US government, the New York Department of Financial Services (DFS) has moved to shore up its ability to apply sanctions by expediting the purchase of blockchain technology. According to a statement… Read More

March 7, 2022 @ 10:42 am By Omar Faridi  |  

Binance Labs, the VC division and innovation incubator of Binance, has reportedly invested $1.1 million in AlwaysGeeky Games, which is the creator of an NFT project called Voxies and game called Voxies Tactics. Binance Labs and AlwaysGeeky Games will “maintain a long-term partnership to further… Read More

March 7, 2022 @ 9:45 am By JD Alois  |  

DraftKings (Nasdaq: DKNG) has joined the Polygon ecosystem as a validator and node operator, according to a company release. DraftKings is a publicly-traded sports betting company with a valuation of around $8 billion. The relationship is via a collaboration with Zero Hash that enables DraftKings… Read More

March 7, 2022 @ 9:07 am By Omar Faridi  |  

Hong Fang, CEO at digital asset firm Okcoin, notes that it has been a really “tough week” for a lot of us, “especially those who are in Ukraine (and Russia), or have families affected by this invasion and horrible unrest.” Fang writes in a blog… Read More