Blockchain & Digital Assets

November 8, 2021 @ 9:09 am By Omar Faridi  |  

DODO, the decentralized or non-custodial exchange platform that’s being powered by the Proactive Market Maker (PMM) algorithm, has introduced the Stable DODO token. The new stable token, worth “exactly $1 USD,” has been developed to serve as a new base asset for the DODO community… Read More

November 8, 2021 @ 8:00 am By Omar Faridi  |  

Crypterium is set to launch a physical US Visa card in Q1 2022, according to an update shared with CI. Crypterium, the crypto wallet app with more than 400,000 customers in 170+ countries, has been a part of the Visa Fast Track program for more… Read More

November 8, 2021 @ 7:45 am By JD Alois  |  

Matter Labs, a company looking to provide an Ethereum Layer 2 scaling protocol, has raised $50 million in new funding. The investment was led by Andreessen Horowitz (a16z). Additional investors included Placeholder, Dragonfly and 1kx. Matter Labs said that a second financing was closed with… Read More

November 8, 2021 @ 7:05 am By Omar Faridi  |  

Last month, Sygnum had reportedly closed the subscription to its first Art Security Tokens (ASTs), representing the ownership rights to Picasso’s Fillette au béret painting. As noted in the announcement, this landmark initiative “enables investors to purchase and trade tokens in this 20th century masterpiece… Read More

November 7, 2021 @ 8:07 pm By Omar Faridi  |  

Minterest, a “value-capturing” lending and borrowing protocol developed to make decentralized finance (DeFi) fairer for end-users, has confirmed that it will be launched on Moonbeam, an Ethereum (ETH)-compatible smart contract parachain built on Polkadot. As mentioned in an update shared earlier this week with CI,… Read More

November 7, 2021 @ 7:57 pm By Omar Faridi  |  

IPC, a provider of secure, compliant communications and multi-Cloud connectivity solutions for the international financial markets, has announced the launch of Connexus Crypto, an arbitrage enabling solution for cryptocurrency trading that is being powered by the Connexus Cloud platform. According to an update shared with… Read More

November 7, 2021 @ 6:02 pm By Omar Faridi  |  

On October 31, 2008, an “obscure” whitepaper was released, outlining a virtual currency that was able to operate in a fully decentralized, trustless manner enabling users to send and receive monetary value. The pseudonymous author (or authors) of the whitepaper, Satoshi Nakamoto, called the “revolutionary”… Read More

November 7, 2021 @ 1:47 pm By Omar Faridi  |  

The team at digital assets firm Kraken notes that the month of October 2021 has been dubbed “UPtober” by many in the cryptocurrency markets as the Bitcoin (BTC) price and that of Ethereum (ETH), as well as other major altcoins surged to new all-time highs…. Read More

November 7, 2021 @ 1:45 pm By Omar Faridi  |  

Crypto-native risk monitoring and market surveillance provider, Solidus Labs, has announced that it closed a $15 million round, which came just six months after completing a $20 million A-round in May 2021. Liberty City Ventures is leading the investment round, which also includes contributions from… Read More

November 7, 2021 @ 1:16 pm By Omar Faridi  |  

Since launching, many Internet Computer initiatives have reportedly adopted Motoko for development. Here’s a quick update on this language and where they’re currently at. Two years back, the Internet Computer team confirmed the launch of Motoko, an actor-based programming language “designed for the Internet Computer.”… Read More

November 6, 2021 @ 2:18 pm By JD Alois  |  

The infrastructure bill (H.R.3684) is on its way to becoming law. After a circuitous legislative path that saw extreme left legislative vote against the bill while several Republicans helped to push it across the finish line, a pinnacle of the Biden Administration’s legislative ambitions is… Read More

November 6, 2021 @ 12:12 pm By Omar Faridi  |  

FTX US, a US-regulated crypto exchange, announced it has implemented a comprehensive suite of anti-financial crime compliance and risk management tools created by TRM Labs, a blockchain intelligence provider. FTX US, the US division of FTX, has reportedly integrated TRM’s Transaction Monitoring and Forensics tools… Read More

November 5, 2021 @ 5:27 pm By Tony Zerucha  |  

Blockchain oracle provider Chainlink this week crossed $75 billion in total value secured (TVS). “Crossing $75 billion in total value secured makes the Chainlink network one of the most value securing forms of decentralized consensus on the planet,” said co-founder Sergey Nazarov. “(Our) networks are… Read More

November 5, 2021 @ 3:41 pm By Omar Faridi  |  

Montis Digital, the Archax subsidiary that’s mainly focused on creating digitally-native post-trade infrastructure, has announced the expansion of its senior management team, with the appointment of Steve Higgins and David Gest. Steve Higgins is reportedly joining the Montis team as Head of Operations. He will… Read More

November 5, 2021 @ 3:37 pm By Tony Zerucha  |  

hashport looks to improve decentralized network interoperability through several methods when it launches Nov. 9. The company said it achieves this balance by eliminating the need for a native network token, acting as a decentralized public utility, while harnessing the power of the Hedera Consensus… Read More

November 5, 2021 @ 3:31 pm By Tony Zerucha  |  

Blockchain-based derivatives trading platform CloseCross has switched from Ethereum to Polygon, the company announced this week By switching to Polygon, a protocol and framework for building and connecting Ethereum-compatible blockchain networks, the MIFID-licensed platform said it is able to reduce costs for users by up… Read More

November 5, 2021 @ 12:20 pm By Omar Faridi  |  

PDX Coin has announced that it is developing an international virtual banking platform for the crypto-economy that will provide retail crypto-to-fiat payment capability. As mentioned in a release, the high-speed, bank-friendly payment platform aims to offer “a modern alternative to the traditional 70-year-old bank payments… Read More

November 5, 2021 @ 11:01 am By JD Alois  |  

Tokeny, a digital asset platform that supports tokenization and digital securities, has aided in the migration of Enegra from Ethereum to Polygon blockchain. Enegra is a commodities trading firm with approximately $28 billion in net asset value (NAV). Enegra Group Ltd, incorporated in Malaysia, enables… Read More

November 5, 2021 @ 8:25 am By Omar Faridi  |  

Decentralized database provider Bluzelle is introducing its file storage solution on mainnet, offering a simple to use and resilient solution for “saving immutable files on decentralized storage,” according to an update shared with CI. The solution is targeted for non-fungible token or NFT platforms, where… Read More

November 4, 2021 @ 10:20 pm By Omar Faridi  |  

Thailand’s Siam Commercial Bank (BKK: SCB) revealed that it has acquired a 51% controlling interest in crypto exchange Bitkub for $537 million. As mentioned in the announcement, the acquisition has been finalized with assistance from SCBX. The details were confirmed in October 2021 and Bitkub… Read More