Blockchain & Digital Assets

November 2, 2021 @ 11:23 pm By Omar Faridi  |  

Singapore-headquartered payments platform FOMO Pay has entered into a partnership with Merkle Science, a predictive blockchain monitoring and investigative platform, in order to improve its compliance, risk management and threat detection processes. Last month, FOMO Pay had been issued the Digital Payment Token (DPT) Service… Read More

November 2, 2021 @ 11:18 pm By Tony Zerucha  |  

NFT-focused investment firm Sfermion this week announced the close of Fund II, a $100 million venture fund with participation from Alan Howard, Chris Dixon, Marc Andreessen, Cameron and Tyler Winklevoss, Matthew Roszak, Digital Currency Group, CMT Digital, and Animoca Brands. Sfermion’s mission is to accelerate… Read More

November 2, 2021 @ 7:25 pm By Tony Zerucha  |  

The founder of deVere Group predicts pending central bank interest rate announcements could cause a rise in the price of major cryptocurrencies this week. Nigel Green said the U.S. Federal Reserve, the Bank of England, the Central Bank of Norway, and the Reserve Bank of Australia,… Read More

November 2, 2021 @ 4:12 pm By Tony Zerucha  |  

Facebook’s recent rebranding to Meta (NASD:FB) provides some interesting lessons for cryptocurrency investors, an industry analyst suggests. Genesis’ head of markets Noelle Acheson said Facebook’s pivot to acting as a metaverse company produced an immediate spike in the value of some metaverse platform tokens. MANA,… Read More

November 2, 2021 @ 4:02 pm By Tony Zerucha  |  

Singapore Exchange (SGX) today announced it is licensing its iEdge Bitcoin Index to Propine, a digital asset custodian and a Bitcoin ETF service provider licensed by the Monetary Authority of Singapore.. SGX launched the iEdge Bitcoin Index amidst strong market demand for indices that track… Read More

November 2, 2021 @ 10:52 am By JD Alois  |  

This is a first. Jeremy Allaire, CEO and co-founder of Circle, the issuer of the USDC stablecoin, has joined with his teammates to do a crypto rap. The performance available on YouTube, was done in celebration of USDC topping $20 billion in market cap. While… Read More

November 2, 2021 @ 10:04 am By Omar Faridi  |  

Polygen, the “truly decentralized” launchpad without gatekeepers, has secured $2.3 million via an investment round. As mentioned in a release shared with CI, Polygen differentiates itself from the other launchpads active in the industry by allowing “anyone launch a project.” A permissionless launchpad to fund… Read More

November 2, 2021 @ 9:33 am By Tony Zerucha  |  

As the DeFi revolution continues, we’re first going to see the introduction of tools like those in more mature markets, then we’ll watch as those tools adapt to the specific needs of DeFi. One of the DeFi tools still in its infancy are volatility measures,… Read More

November 2, 2021 @ 8:23 am By Omar Faridi  |  

Celsius Network, the international cryptocurrency earning and borrowing platform, announced it has paid over $1 billion in digital assets to its community of 1.2 million users – “marking the most yield paid out to users by any crypto platform.” The announcement also mentioned that Celsius… Read More

November 1, 2021 @ 8:22 pm By JD Alois  |  

Congressman Patrick McHenry, the ranking member on the House Financial Services Committee, has issued a statement regarding President’s Working Group on Financial Markets (PWG) report on stablecoins. McHenry has long been supportive of innovation in financial services and recently he, along with Congressmen Tom Emmer… Read More

November 1, 2021 @ 3:41 pm By JD Alois  |  

The President’s Working Group on Financial Markets (PWG) has published its report on stablecoins as was anticipated. The report, available here and below, said that if stablecoins are appropriately regulated they could emerge as a more efficient and “more inclusive” payment option. Simultaneously, stablecoins and… Read More

November 1, 2021 @ 10:24 am By Omar Faridi  |  

The inherent transparency of blockchains or distributed ledger tech (DLT) networks makes crypto-related investigations a lot easier for law enforcement agencies, when compared to financial investigations involving fiat currency. Blockchains or DLT networks serve as a permanent, publicly viewable ledger of almost all crypto transfers,… Read More

November 1, 2021 @ 8:59 am By JD Alois  |  

The President’s Working Group on Financial Markets (PWG) is expected to publish its long-anticipated report on stablecoins later today. The PWG includes the US Secretary of the Treasury, the Chair of the Board of Governors of the Federal Reserve System, the Chairman of the Securities… Read More

November 1, 2021 @ 7:35 am By Omar Faridi  |  

Maslife, an AI-enhanced app that assists you with improving your health, relax your mind and take control of your finances, has raised 84% (£845,172) of its £1,000,001 target from 90 investors via Seedrs. With 24 days left in the Maslife crowdfunding campaign, the UK-based company notes… Read More

October 31, 2021 @ 7:56 pm By Omar Faridi  |  

Shiba Inu (SHIB) is now available for trading on digital asset exchange OkCoin – with some of “the lowest fees around.” OkCoin users are able to deposit, withdraw, and trade SHIB against USD via the exchange. All OkCoin clients including those in the US, except… Read More

October 31, 2021 @ 6:54 pm By Omar Faridi  |  

Hong Kong-headquartered crypto-asset custody service provider Hex Trust confirmed earlier this week that James Fok has joined the firm’s advisory board. James brings more than 2 decades of professional experience in capital markets and the financial services sector across high-profile management roles, and also as… Read More

October 31, 2021 @ 6:37 pm By Xu Gao  |  

“Banking Financial Institutions Joint Declaration for the Support for the Protection of Biodiversity” Released in Kunming On October 15th, 36 Chinese banks and 24 foreign banks and international organizations signed up for the “Banking Financial Institutions Joint Declaration for the Support for the Protection of… Read More

October 31, 2021 @ 5:20 pm By Omar Faridi  |  

Decentralization is one of the core tenets or value propositions of blockchain or distributed ledger technology (DLT). As explained in a blog post by Qtum (QTUM), decentralization is the process by which the “governance activities of an organization are distributed or delegated away from a… Read More

October 31, 2021 @ 11:47 am By Omar Faridi  |  

The team at digital assets firm Kraken notes that after a “predictably underwhelming” September in the crypto-asset markets, “history was made in October as BTC hit new all-time highs.” Kraken wrote in an extensive report that, as foreshadowed last month, data “indicates that a supply… Read More

October 31, 2021 @ 10:47 am By Omar Faridi  |  

At Gemini, they are constantly “tuned in” to the international crypto ecosystem in search of high-potential digital tokens to add to their platform, the company noted in a blog post. That’s why they are exploring the following crypto tokens for trading and custody support: Audius… Read More