Blockchain & Digital Assets

October 17, 2021 @ 12:11 pm By JD Alois  |  

2021 Suzhou Marathon Bonus will be Issued in the Form of Digital RMB On October 10th, the organizer of the 2021 Suzhou (Taihu Lake) Marathon announced at a press conference that the bonus for this year’s event will be granted in the form of digital… Read More

October 16, 2021 @ 11:53 am By Omar Faridi  |  

Tala, the international tech firm creating an accessible financial services platform, announced a $145 million Series E round that has been led by Upstart along with contributions from the Stellar Development Foundation. New investors Kindred Ventures and the J. Safra Group, along with existing investors… Read More

October 16, 2021 @ 11:17 am By Omar Faridi  |  

Evrynet, a financial service platform, is pleased to confirm several additions to its list of project advisors. The team at Evrynet attracts talent from within the blockchain and crypto space and MIT to further expand its reach in the financial industry. More collaborations are “expected… Read More

October 16, 2021 @ 10:46 am By Omar Faridi  |  

China’s public blockchain Nervos has announced that the “Force Bridge” is currently live on the mainnet. As noted in an update shared with CI, the Force Bridge is currently connected to Ethereum (ETH) via a cross-chain bridge and will be “connected to Cardano and other… Read More

October 15, 2021 @ 12:17 pm By JD Alois  |  

At the same time the CFTC announced its enforcement actions against Bitfinex and Tether, Commissioner Dawn D. Stump has issued a statement regarding the action by the regulator. Commissioner Stump says she agrees with the action taken by the Commission while expressing her concern regarding… Read More

October 15, 2021 @ 11:56 am By Omar Faridi  |  

MEW (MyEtherWallet), the platform for accessing the Ethereum ecosystem, announced that users are able to earn rewards by staking their SKALE (SKL) tokens from within the MEW wallet mobile app. Skale Network is described as a “fully” decentralized Ethereum compatible multichain Proof of Stake network… Read More

October 15, 2021 @ 11:43 am By JD Alois  |  

The Commodity Futures Trading Commission (CFTC) has ordered Tether and Bitfinex (iFinex) to pay $42.5 million in fines, according to a statement by the regulator. Tether, a leading dollar-based stablecoin, must pay $41 million in regards to claims that Tether (USDT) was fully backed by… Read More

October 15, 2021 @ 10:45 am By Omar Faridi  |  

Compass Mining, which claims to be the first and largest online marketplace for Bitcoin mining hardware and hosting, announced the launch of its effort to make BTC mining accessible to all — Compass Payment Plan. This new program allows customers to “purchase Bitcoin mining equipment… Read More

October 15, 2021 @ 8:26 am By JD Alois  |  

Wirex, a payments and transfer platform offering both crypto and fiat services, says it will white label its services for the first time. The company is h0ping to provide services to both traditional banking firms as well as Fintechs. Wirex says there are few other… Read More

October 14, 2021 @ 8:00 pm By Omar Faridi  |  

We recently caught up with Domenic Carosa, Founder and Chairman at Banxa (TSX: BNXA), which powers one of the largest digital asset platforms by offering payments infrastructure and regulatory compliance across international markets. Banxa’s goal and vision is to develop the bridge that offers consumers… Read More

October 14, 2021 @ 5:03 pm By JD Alois  |  

YIELD App says it has topped 60,000 users and $339.4 million of managed assets on its platform as of the end of September 2021. The company is a digital asset management platform. It reports that assets went from $163.6 million at the end of June… Read More

October 14, 2021 @ 4:37 pm By Omar Faridi  |  

XREX Inc, the Taipei-based neo Fintech, announced that it has implemented a full suite of risk management tools created by TRM Labs, a blockchain intelligence provider, in order to enhance the platform’s ability to “detect and defend against fraud, scammers and suspicious activities.” XREX is… Read More

October 14, 2021 @ 11:19 am By JD Alois  |  

US House of Representatives Patrick McHenry, Tom Emmer, and Warren Davidson have co-authored a letter addressed to the Secretary of the US Department of Treasury Janet Yellen. The Congressmen have requested that Yellen clarify her position on stablecoins – digital assets typically tied to fiat… Read More

October 14, 2021 @ 10:17 am By Omar Faridi  |  

Finastra and Bakkt announced on October 13, 2021 their plans to make Bakkt’s digital marketplace and wallet available via Finastra’s open developer platform and app store, FusionFabric.cloud. Through the partnership, Bakkt, the platform that enables clients to purchase, sell, store and spend various crypto-assets, including… Read More

October 14, 2021 @ 9:37 am By Omar Faridi  |  

Yup, the Web 3.0 social platform that rewards curators, has confirmed that it has finalized a $3.5 million round that was led by Distributed Global, which is an early investor in crypto-focused Unicorns Dapper Labs, Audius and Solana. The proceeds from the investment round will… Read More

October 14, 2021 @ 8:51 am By Omar Faridi  |  

Constellation, a distributed infrastructure that connects Big Data and the blockchain, has announced that it has acquired Dor, a startup that helps retail brands expand their business operations by “empowering them to improve customer outcomes through its data analytics solution that enables them to better… Read More

October 13, 2021 @ 3:07 pm By Omar Faridi  |  

We recently connected with Stefany Rojas, Head of Business Development at Kahuna, a blockchain-based social media network that will aim to engage celebrities with their fans in a democratized manner. It’s worth noting that most blockchain-enabled social media projects such as Voice and Steemit have… Read More

October 13, 2021 @ 1:03 pm By JD Alois  |  

Security Token Market (STM), a security token data firm, is planning to raise capital in an online security offering. STM tracks the growing digital security market around the world focusing on research and data serving asset class that now is valued in billions of dollars…. Read More

October 13, 2021 @ 10:06 am By Omar Faridi  |  

Holochain based energy-saving initiative, Internet of Energy Network (IOEN – pronounced ‘ion’) has confirmed its listing on digital asset exchange, Gate.io. The listing will take place “post the dual IDO on TrustSwap and TrustPad on 8th October and 11th October respectively.” Leveraging Holochain tech, IOEN… Read More

October 13, 2021 @ 8:49 am By Omar Faridi  |  

Although it has previously been announced, the Growth DeFi team is now formally confirming their plans to introduce their complete ecosystem arsenal cross-chain on the Avalanche network. Growth DeFi, which leverages the power of decentralized finance protocols to maximize capital efficiency and value, noted in… Read More