Blockchain & Digital Assets

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

March 7, 2022 @ 8:36 am By Omar Faridi  |  

UK-headquartered cryptocurrency firm Mode has appointed ex- Alipay UK CEO Rita Liu to serve as the company’s Chief Executive. For more than 1o years, Liu has held key leadership roles at Fintech firm Alipay in Asia, the US, Canada and was CEO in the UK… Read More

March 6, 2022 @ 10:00 pm By Omar Faridi  |  

We recently caught up with Abhinav R. Soomaney, Founder and CEO at CryptoTax Pvt. Ltd. He talked about different tax aspects of cryptocurrency and blockchain-related investments. CryptoTax Pvt. Ltd. (CryptoTax) was incorporated in the year 2021 and claims to be the first cryptocurrency tax consultancy… Read More

March 6, 2022 @ 7:46 pm By JD Alois  |  

There has been a fair amount of discussion regarding Russia using crypto to evade sanctions. First, crypto as a market is simply too small to be an effective tool for the Russian government to utilize it to mitigate the full impact of the economic blockade…. Read More

March 6, 2022 @ 4:16 pm By Omar Faridi  |  

The correlation of Bitcoin to the Nasdaq is currently ~57%, “climbing over the past week,” according to an update from BitOoda. As the team at BitOoda had noted this past week, the Russian invasion of Ukraine led to “a large sell off that reversed faster… Read More

March 6, 2022 @ 1:20 pm By Xu Gao  |  

The Supreme Court Adds Use of Cryptocurrency Trading, P2P Lending as illegal fundraising On February 24th, the Supreme People’s Court issued “Decision Concerning Several Legal Issues in Relation to the Specific Application of the Supreme People’s Court Criminal Cases on Illegal Fund-raising,” which revised and… Read More

March 6, 2022 @ 1:01 pm By Tony Zerucha  |  

Shift4, a provider of integrated payment and technology solutions, this week announced it will acquire both Finaro, a cross-border e-commerce payments provider with a large European presence, and The Giving Block, which specializes in cryptocurrency fundraising for nonprofits. These acquisitions position the company to pursue a multi-trillion-dollar… Read More

March 6, 2022 @ 12:57 pm By Omar Faridi  |  

Electric Capital recently raised $1 billion to fund cryptocurrency networks, Web3 protocols, and blockchain-powered businesses. Electric Capital wrote in a blog post that they are long-term investors and partners to their founders. They claim to have spent the past four years “building software and data… Read More

March 5, 2022 @ 5:35 pm By Omar Faridi  |  

Uppsala Security, a provider of security tools and services for Crypto AML/CTF, Transaction Risk Management, Regulatory Compliance, Transaction Tracking, and Cyber Security recently announced the integration of its RSS news feed with Crypto.com’s Uppsala Security Price Page. Via this integration, Crypto.com users may directly access… Read More

March 5, 2022 @ 11:35 am By Omar Faridi  |  

The team at Blockchain.com, a provider of a crypto wallet, block explorer, and digital asset trading platform, notes that if you are new or just getting started with crypto taxes, then no need to worry because “so is everyone.” That’s why later this month, Blockchain.com… Read More

March 5, 2022 @ 7:55 am By Omar Faridi  |  

Polygon and Tether stablecoin are reportedly backing the City of Lugano in its effort to transform this lakeside town in southern Switzerland into Europe’s “blockchain capital.” Lugano will reportedly allow citizens and companies “to use Bitcoin, Tether, and the city’s own LVGA stablecoin to pay… Read More

March 4, 2022 @ 6:09 pm By JD Alois  |  

Within a bit more than a week, following the unprovoked invasion by the Russian army, crypto donations to Ukraine have rocketed higher. While funds are being contributed by governments and international agencies, along with more traditional charity paths, crypto has risen to the occasion too… Read More

March 4, 2022 @ 4:19 pm By Tony Zerucha  |  

All venture capital is not created equal, especially when it flows into newer areas of technology such as blockchain, DAO Maker co-founder and CSO Hatu Sheikh cautions. DAO Maker creates growth technologies and funding frameworks for startups, while simultaneously reducing risks for investors. Sheikh said… Read More

March 4, 2022 @ 4:05 pm By Tony Zerucha  |  

Sure Valley Ventures, a venture capital firm that invests in high-growth software companies in sectors such as the Metaverse, artificial intelligence and cybersecurity, has completed an £85m first close of a £95m UK software technology fund. This includes a £50m investment from the British Business… Read More

March 4, 2022 @ 9:30 am By Tony Zerucha  |  

Socket (previously known as Movr Network) has announced a $5 million seed round, led by Framework Ventures, an investment adviser with significant experience in decentralized finance (DeFi) space, and with participation from a group including Coinbase Ventures, Lightspeed, eGirl Capital, Nascent, Geometry, and entrepreneur Mark… Read More

March 4, 2022 @ 8:23 am By Omar Faridi  |  

January 2022 was a “turbulent” month for the cryptocurrency sector as market participants saw “a broad sell-off,” the team at Kraken noted in an update. Kraken wrote in a blog post that the “continued uncertainty about the proposed U.S. Fed rate hikes in March and… Read More

March 4, 2022 @ 8:22 am By Tony Zerucha  |  

BlockFi, a crypto-financial services company, this week released its third edition of the Real Talk survey, a quarterly series focused on understanding changing consumer sentiment towards crypto, investing and other related topics. Real Talk: Women x Crypto 2.0 asked female Americans about their current motivations,… Read More

March 4, 2022 @ 8:18 am By Omar Faridi  |  

Ukraine is reportedly funding its war against Russia by appealing to the global crypto community. This, as the nation will soon introduce non-fungible tokens (NFTs) in order to help support financially its armed forces. Mykhailo Fedorov, the Vice Prime Minister of Ukraine, recently confirmed that… Read More

March 4, 2022 @ 8:14 am By Tony Zerucha  |  

Haruko today announced it has closed a $10 million seed funding round, led by Portage Ventures and White Star Capital. The company’s platform powers large institutions, enabling them to interact with crypto markets both on centralized exchanges and decentralized protocols. The company said it deploys… Read More

March 3, 2022 @ 5:34 pm By JD Alois  |  

The US Department of Treasury has been contacting cryptocurrency platforms cautioning them about the possibility of cyber-attacks emanating from Russia following Russia’s unprovoked war against Ukraine. According to a report by Reuters, a person with knowledge of the conversations said following the sanctions leveled against… Read More