Blockchain & Digital Assets

Blockchain, distributed ledger technology, crypto, digital assets, tokenization and stablecoin news.

BIS Publishes Report on CBDCs for International Payments: “A substantial improvement in cross-border transfer speed”

The BIS (Bank for International Settlements) has published a report pertaining to central bank digital currency (CBDC) and payments. Crafted in partnership with the HKMA (Hong Kong Monetary Authority), Bank of Thailand, People’s Bank of China and the Central Bank of the UAE, the document… Read More

Acala Introduces Liquid Staking Product for Polkadot (DOT), Kusama (KSM) with Assistance from Blockdaemon

Acala, the decentralized finance (DeFi) network and liquidity hub of Polkadot, reveals that it has formed a partnership with Blockdaemon, a blockchain or DLT  infrastructure provider, in order to support its newly-developed staking derivatives for Polkadot (DOT) and Kusama (KSM). As noted in an update… Read More

Fintech Firm Coinrule, a Provider of Automated Digital Asset Trading Services, Secures $2.2M via Seed Round

Fintech firm Coinrule, which offers individual and retail crypto investors an automated digital currency trading platform for their assets, reveals that it has completed a $2.2 million seed round. As mentioned in the announcement, several technology company founders and investors took part in the firm’s… Read More

China’s Latest Attempt to Ban Crypto May Further Prove Benefits of Decentralized, Immutable Assets: Report

The cryptocurrency markets have been trading down after news of another crackdown on the industry from China. The People’s Bank of China (PBoC) has issued a statement that has reiterated that all cryptocurrency trading activities in the country are illegal, and regulatory authorities will be… Read More

Internet Computer Community Adopts Threshold ECDSA Signatures Motion Proposal, so Canister Smart Contracts can Hold BTC, ETH

The Internet Computer Community has adopted the threshold ECDSA signatures Motion proposal. All Bitcoin keys and signatures are being generated by using ECDSA. An ECDSA signature allows us to share a public key and create a signature of certain data using their private key. This… Read More

Chainlink Verifiable Random Function has Serviced Over a Million Requests Across Ethereum, Polygon, BSC

Chainlink VRF has enabled over 35 blockchain RNG use-cases. RNG or (secure) random number generator supports smart contracts and off-chain systems in order to access “a verifiably tamper-proof source of randomness.” Since its mainnet launch in October of last year, Chainlink VRF has serviced more… Read More

Digital Asset Firm Kraken to Fund Open-Source Rust Bitcoin (BTC) Development

Digital assets firm Kraken is pleased to confirm that they’ve made a commitment to fund Bitcoin’s (BTC) open-source Rust development ecosystem. As mentioned in a blog post by Kraken: “In memory of late Bitcoin Rust contributor and former Kraken employee, Tamás Blummer, our internal Tamás… Read More

P2P NFT Marketplace OpenSea Reaches Record $3.4B in Gross Merchandise Volume, More than Most Publicly-Traded Marketplace Firms: Report

Spencer Noon, an investor in Variant, a first-check cryptocurrency venture capital fund, has released their latest Network report, which covers OpenSea, Foundation, SuperRare, RMRK, and Fractional. Spencer Noon reports that analysts have covered the non-fungible tokens or NFTs space for: OpenSea, Foundation, SuperRare, RMRK, and… Read More

IOHK Teams Up with Oasis Pro to Implement Alternative Trading System to Support Primary Bond Markets

IOHK and Oasis Pro have entered a partnership to create an alternative trading system that will use blockchain or distributed ledger technology (DLT) to open up participation “in primary bond markets to developing countries.” The two firms are teaming up to implement a bond issuance… Read More

tZERO Adds New Digital Assets to Crypto Trading App

tZERO, a trailblazer in the digital asset sector that operates a digital securities trading platform, has announced the addition of multiple cryptocurrencies to its Crypto App. According to tZERO, available on October 4, 2021, for trading is Bitcoin Cash (BCH), Stellar Lumen (XLM), Cardano (ADA),… Read More

Derek Lau: Game Director at Guild of Guardians Explains how They Use NFTs to Provide Real Value-Driven Tangibility of In-Game Items

We recently caught up with Derek Lau, Game Director at Guild of Guardians, which is one of the partner games of Yield Guild Games (YGG). Guild of Guardians is a blockchain or distributed ledger tech (DLT)-based mobile role-playing game (RPG) that has been published by… Read More

Greengage Strengthens Senior Leadership Team with Appointment of Brennan Elliott-Jones as CFO

Greengage announced that it has strengthened its senior leadership team with the appointment of a new Chief Financial Officer. The company has hired former Starling Bank Head of Finance, Brennan Elliott-Jones, in order to accelerates growth of its Gibraltar business operations. Greengage, which intends to… Read More

Turkey based Colendi, a Micro Lending and Credit Scoring Fintech, Secures $30M via Series A

Turkey-headquartered Colendi, a micro lending and credit scoring Fintech firm, has acquired $30 million in capital via a Series A round. Colendi’s investment round has been led by Re-Pie Asset Management Company, a Turkey-based alternative asset management company. The funding has been provided via Re-Pie’s… Read More

Chinese Crackdown on Crypto May Lead to Divergence between On-Exchange and On-Chain TX Volume, thus Lowering Network Congestion, Fees: Report

As widely reported, China has expanded its ongoing cryptocurrency crackdown. This reportedly includes increasing enforcement against illegal digital currency mining, as well as preventing financial transactions involving crypto-assets. The Chinese central bank also confirmed that any trading, order matching, token issuance and derivatives on cryptocurrencies… Read More

Charles Hoskinson and Shahaf Bar-Geffen Announce Cardano Stablecoin Djed

Announced today at Cardano Summit 2021 in Wyoming, Charles Hoskinson and Shahaf Bar-Geffen said the COTI platform would be the official issuer of Djed, a new stablecoin for Cardano. The company was the first recipient of equity investment from the cFund for Cardano developments. According to… Read More

Bitcoin (BTC) Mining Difficulty Increases Again, Marking its Longest Streak Since Feb 2020: Report

Bitcoin (BTC) difficulty, a parameter that virtual currencies use to keep the average time between blocks fairly steady as the blockchain network’s hash power changes (where a relatively high difficulty may help with securing the blockchain against attacks), increased for the fifth straight  time –… Read More

Kawaii Islands Secures $2.4M via Private Token Sale for Its Anime Play-to-Earn Metaverse

Play-to-earn blockchain games are becoming increasingly popular, and Kawaii Islands is set to throw its “hat into the ring,” according to an update shared with CI. Following a $2.4M private token sale round, the NFT-enabled blockchain or DLT-based game will debut in September 2021. As… Read More

New Camera Lets Creator Mint NFTs

A new app from AirWire allows people to create NFTs in under one minute, while also providing a host of other conveniences, its CEO says. Earlier this week AirWire officially launched the NFT Camera App with a double wallet and an integrated NFT marketplace. Using… Read More

Liti Capital Launches “Scambusters” Targeting Crypto Scams

Liti Capital SA, a Switzerland based litigation funding platform, has launched a new service called “Scambusters.” According to a release, the new feature will enable users to vote for which crypto fraud case the platform should pursue in the future. Any LITI or wLITI token… Read More

China’s Public Blockchain Nervos to Integrate with Covalent, an Indexing Solution Provider for DLT Networks

Nervos, China’s leading public blockchain, has revealed that it will be integrating its testnet and mainnet with Covalent, an established provider of indexing solutions for blockchains, “expanding the availability of data on the network and simplifying the experience for developers building on Polyjuice, an Ethereum… Read More

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