Blockchain & Digital Assets

October 13, 2021 @ 7:52 am By Omar Faridi  |  

Celsius Network, the international digital currency earning and borrowing platform, reveals that it has finalized a $400 million investment that was led by WestCap, a growth equity company, as well as Caisse de dépôt et placement du Québec (CDPQ), a global investment group. The transaction… Read More

October 12, 2021 @ 5:03 pm By Omar Faridi  |  

BlockWRK, the issuer of the “federally-approved” WRK token, confirms the launch of its blockchain-enabled worker rewards app and Visa card. The app aims to reward employees with BlockWRK’s WRK token for achieving daily goals or targets that are related to health, safety, and overall job… Read More

October 12, 2021 @ 3:46 pm By Douglas Horn  |  

The 17-hour outage has exposed a critical design flaw and grossly exaggerated TPS claims.   On September 14 at 12:38 PM UTC, Solana announced that it had encountered a denial-of-service [DoS] disruption caused by a surge in transaction loads, reaching as high as 400,000 attempted… Read More

October 12, 2021 @ 3:01 pm By Tony Zerucha  |  

As of today, cryptocurrency enthusiasts can sign up for early access to Coinbase NFT, a company executive said. “Our mission at Coinbase is to increase economic freedom in the world,” Coinbase VP of Product, Ecosystem Sanchan Saxena said in a blog post announcing the move…. Read More

October 12, 2021 @ 1:06 pm By Omar Faridi  |  

“Crypto Made Easy” pioneer Divi says that it has taken a step towards its mission to develop a completely decentralized, private payment service that will support the mass adoption of virtual currencies, with the UK launch of its user-friendly mobile wallet. The United Kingdom is… Read More

October 12, 2021 @ 12:24 pm By Tony Zerucha  |  

Polymesh will not be launching as promised on Oct. 13, but the delay will be minimal, officials said today. A blockchain built specifically for security tokens, Polymesh is being developed by Polymath, a company that builds technology to create, issue and manage digital securities on… Read More

October 12, 2021 @ 10:15 am By Omar Faridi  |  

Moneybrain, an international Fintech platform, reveals that it has joined Visa’s Fintech Fast Track program, in order to accelerate the process of integrating with Visa and “allowing Moneybrain to more easily leverage the reach, capabilities, and security that Visa’s global payment network offers.” As mentioned… Read More

October 12, 2021 @ 9:45 am By Omar Faridi  |  

SmartFi, the open lending crypto platform, which went live in July 2021, has secured more than $10 million in capital in the first 2 weeks of its “unique” SmartCycle token sale. Token purchasers buying more than $1 million in SmartFi’s SMTF tokens apiece reportedly include… Read More

October 12, 2021 @ 9:19 am By JD Alois  |  

A new partnership between Hex Trust and Hedera Hashgraph will aim to provide banks, financial institutions, and institutional investors with a safe, and compliant way to integrate HTS-based tokens into the operations of their digital assets. Hex Trust will be using the Hedera Token Service… Read More

October 11, 2021 @ 7:24 pm By Omar Faridi  |  

Decentralized platforms and blockchain-enabled smart contracts are transforming the way digital transactions are performed. Distributed ledger technology (DLT) has the potential to streamline the key processes carried out in many different sectors by eliminating the need for third-parties and enabling automated contract terms and conditions,… Read More

October 11, 2021 @ 5:39 pm By JD Alois  |  

Once again, Jamie Dimon, CEO of JP Morgan, is in the news again hating on crypto – this time Bitcoin specifically. Recently, Bitcoin has been on the rise again due in part to an expectation of persistent (not transitory) inflation. Many Bitcoin supporters believe that… Read More

October 11, 2021 @ 1:03 pm By Omar Faridi  |  

Blockchain security solution provider CertiK has been chosen by Kava Labs to offer improved security for the Kava Ecosystem. As part of the partnership, CertiK will be getting a portion of the $185M Kava Ignition Fund in order to carry out regular security assessments of… Read More

October 11, 2021 @ 11:55 am By Omar Faridi  |  

OKCoin is reportedly the only US-licensed exchange to provide Lightning Network (LN) enabled deposits and withdrawals, and they’re doubling down on their commitment to the LN with their support for the recent ShellHacks hackathon and with the introduction of their Lightning API. As noted in… Read More

October 11, 2021 @ 10:30 am By Omar Faridi  |  

We recently connected with Galina Likhitskaya, Vice president, Operation & Product at HashEx, an audit and consulting firm for blockchain or distributed ledger tech (DLT)-enabled projects. Galina talked about the importance of following the best or highest online security standards. She also discussed how smart… Read More

October 11, 2021 @ 10:20 am By Omar Faridi  |  

UK-headquartered banking, exchange, and investment app Ziglu is introducing a fee-free Euro account which has been designed to enable tourists and business travelers to spend “without incurring currency exchange charges.” The account, which is an addition to Ziglu’s sterling current account, is being introduced as… Read More

October 11, 2021 @ 9:30 am By JD Alois  |  

Copper, an “institutional gateway to digital asset investing,” has added former Chancellor of the Exchequer Philip Hammond to its board of advisors. Lord Hammond is one of only three people to have served continuously in the UK cabinet from 2010 to 2019, serving under Prime Ministers David Cameron… Read More

October 11, 2021 @ 8:10 am By JD Alois  |  

As digital assets become more popular with institutional investors, the need for institutional-like services rises. Elliptic, a firm that offers crypto-asset risk management services, is reporting a C Series funding round of $60 million to expand its team globally while accelerating R&D. According to a… Read More

October 10, 2021 @ 8:57 pm By Omar Faridi  |  

Digital asset financial services platform, BVNK, has launched its platform in order to eliminate the barriers that prevent high-potential businesses and financial service providers from realizing the benefits of virtual currencies. Based in London, BVNK aims to “set new standards for digital asset financial services… Read More

October 10, 2021 @ 5:30 pm By Omar Faridi  |  

Bakkt, a digital asset marketplace that enables consumers to purchase, sell, send and spend cryptocurrencies, has formed a partnership with Google (NASDAQ: GOOGL) in order to extend the reach and usability of virtual currencies to meet growing consumer demand and preferences. As mentioned in a… Read More

October 10, 2021 @ 5:25 pm By Xu Gao  |  

CBIRC Supports Domestic Insurance Companies to Issue Catastrophe Bonds in Hong Kong Market On September 27th, the China Banking and Insurance Regulatory Commission (CBIRC) released the “Notice on Matters Related to Domestic Insurance Companies Issuing Catastrophic Bonds in Hong Kong Market”. According to the document,… Read More