Blockchain & Digital Assets

February 14, 2022 @ 9:51 am By Omar Faridi  |  

Many people have come to own and embrace crypto-assets because of a powerful sense of mission that includes: fairness and efficiency meaning a desire to see transferring money more like sending a text message — “instantaneous and low cost to all, and not something that… Read More

February 14, 2022 @ 1:24 am By Omar Faridi  |  

Investors are reportedly demanding high-quality, diversified exposure to digital investment strategies. And to address such requirements, institutions must steadily move along the adoption curve, equipped with advanced tools and trading capabilities. Coinbase Prime continues to cater to the goals of institutional investors in navigating this… Read More

February 13, 2022 @ 11:44 pm By Omar Faridi  |  

The past few years have seen the crypto and blockchain space impact just about every industry in one way or another. However, one innovation in particular is leveraging blockchain or distributed ledger technology (DLT) in order to “fundamentally disrupt how organizations are structured, codified and… Read More

February 13, 2022 @ 11:18 pm By Omar Faridi  |  

Digital assets platform Okcoin is the first US regulated crypto-asset exchange to provide stablecoin USDC on top of Stellar. You may now deposit, withdraw, and trade Stellar USDC against US dollars via Okcoin. This offer is for all Okcoin clients “except for residents of the… Read More

February 13, 2022 @ 10:18 pm By Omar Faridi  |  

Binance Labs, the VC division and innovation incubator of Binance, is pleased to confirm its latest strategic investment in Automata Network, which is described as a decentralized service protocol that offers privacy middlewares for dApps (or decentralized applications). Automata Network addresses key pain points associated… Read More

February 13, 2022 @ 2:26 pm By Omar Faridi  |  

Dignity Gold, LLC, the US-based digital security that is taking an innovative approach to using verified gold reserves to back its security token, has appointed Marina De Alba to its Advisory Board. Dignity Gold, a blockchain development firm using security tokens and a regulation-focused approach… Read More

February 13, 2022 @ 1:15 pm By Omar Faridi  |  

London’s SETL and New York’s Digital Asset recently entered into a partnership to develop a protocol that may be used by regulated institutions to introduce interoperable tokens. The protocol, modelled on the Regulated Liability Network (RLN) initiative first introduced by Citibank’s Tony McLaughlin, will be… Read More

February 12, 2022 @ 2:54 pm By Omar Faridi  |  

Sardine, the fraud and compliance platform for Fintech firms, completed a $19.5 million in Series A round from Andreessen Horowitz, NYCA, and Experian Ventures “to enable companies to protect customers from financial fraud.” As mentioned in the update, Andreessen Horowitz General Partner Angela Strange joins… Read More

February 12, 2022 @ 11:03 am By JD Alois  |  

Chronicle, a “digital collectibles marketplace,” has announced a secondary marketplace, auctions, and crypto integrations. Simultaneously, Chronical has announced that it will enable payments from USDC, the dollar-based stablecoin issued by Circle. Launched last year, the NFT platform targets a global market that offers “authenticated” digital… Read More

February 12, 2022 @ 9:49 am By Omar Faridi  |  

BlockFi Inc. is reportedly getting ready to pay $100 million in order to settle allegations from the US Securities and Exchange Commission (SEC) and State regulators that it had been illegally offering a product that pays clients really high interest rates to lend out their… Read More

February 11, 2022 @ 5:43 pm By JD Alois  |  

In a bit of good news for the crypto mining sector and staking platforms, it is being reported that crypto miners and stakers will not have to report transactions to the US Internal Revenue Service (IRS). The news was posted by Bloomberg who stated it… Read More

February 11, 2022 @ 5:13 pm By Omar Faridi  |  

Coinbase Global (NASDAQ: COIN) has reportedly removed “how to buy” instructions for around three digital tokens which have been the subject of “rug pull” warnings – which claims that people could lose their funds. Coinbase’s management also mentioned that they are focused on enhancing safeguards…. Read More

February 11, 2022 @ 5:07 pm By JD Alois  |  

An email distributed this week by Tokeny CEO Luc Falempin provided some perspective as to why Tokeny opted to utilize Polygon as opposed to other blockchain options. Tokeny is a leading European tokenization or digital security platform. The Luxembourg-based firm is building compliance technology for… Read More

February 11, 2022 @ 3:51 pm By Omar Faridi  |  

Ocean Protocol, the decentralized data exchange protocol that taps into data for AI, is pleased to confirm the introduction of DataX Protocol, an initiative financed via OceanDAO, Ocean’s community-curated grants program. DataX Protocol has a lineup of various DeFi tooling solutions for datasets in the… Read More

February 11, 2022 @ 12:07 pm By Omar Faridi  |  

METL is introducing what it claims to be the first-ever decentralized fiat gateway infrastructure of its kind “bridging Web 2 to Web3 in collaboration with Prime Trust and Avalanche.” METL’s roots date back to 2018 when the first MVP was created, in order to demonstrate… Read More

February 11, 2022 @ 9:09 am By Omar Faridi  |  

The Algorand Foundation has confirmed the appointment of Staci Warden as its Chief Executive Officer. Warden, who has served on the Algorand Foundation’s Board since September of last year, steps into the additional role of CEO effective February 11, 2022. Warden has reportedly led international… Read More

February 11, 2022 @ 8:46 am By Omar Faridi  |  

Bitcoin payment provider OpenNode has finalized a $20 million Series A round that was led by U.K. firm Kingsway at a $220 million valuation in order support its international  expansion. Other participants in OpenNode’s investment round include Twitter, venture capital investor Tim Draper and Avon… Read More

February 11, 2022 @ 8:38 am By Omar Faridi  |  

Salesforce told its workers at a sales kickoff this Wednesday that the firm intends to launch an NFT (non-fungible token) Cloud. This, according to sources familiar with the matter (and cited by CNBC). As covered, NFTs are provably unique digital assets (and collectibles) that are… Read More

February 10, 2022 @ 8:54 pm By Tony Zerucha  |  

Kirobo this week announced NFT capability has been added to its Liquid Vault, a non-custodial on-chain wallet. The update also expands its capacity to integrate with decentralized finance (DeFi) services on supported blockchains. The DeFi ecosystem has also shot up in total value locked, offering… Read More

February 10, 2022 @ 7:07 pm By Tony Zerucha  |  

DriveWealth, a provider of fractional investing and embedded finance, recently announced the acquisition and launch of two wholly-owned subsidiaries, DriveLiquidity and DriveDigital, as the company unveiled its plans to offer cryptocurrencies to partners and their retail investors. Following the completed acquisition of Crypto-Systems, DriveWealth’s new… Read More