Blockchain & Digital Assets

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

BitMEX Reports 50,000 New Users Following Token Airdrop

BitMEX, a crypto derivatives exchange that expects to launch a spot market later this year, says it has added 50,000 new users following the launch of the BMEX token on December 21, 2021. BitMEX is using the airdrop to incentivize new users following a challenging… Read More

Bitcoin Supply Increased by Only 1.8% in 2021, Ethereum EIP-1559 Considered Largely Successful, Coin Metrics Reports

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Kyle Waters and Nate Maddrey from Coin Metrics have noted that after a “transformative” 2021 marked by all-time highs for most of the major digital assets and “key on-chain metrics,” expectations are now quite high for the crypto and blockchain space this year. In their… Read More

Baanx is Next Fintech to Receive Regualtory Approval from FCA to Offer Crypto Services

Baanx has received regulatory approval to provide crypto asset services by the UK Finacial Conduct Authority (FCA). Baanx is registered as a crypto asset business under the Money Laundering, Terrorist Financing, and Transfer of Funds (Information of the Payer) Regulations 2017 (MLR 2017). Baanx is… Read More

Digital Assets: INX Acquires Tokensoft’s Transfer Agent Service

INX Limited (INX ATS: INX) has acquired Tokensoft Transfer Agent LLC, an SEC-registered transfer agent owned by Tokensoft Inc. The terms of the deal were not disclosed. INX Limited is a digital asset trading platform that aims to bridge crypto and traditional assets. The regulatory-compliant… Read More

CoinShares Reports Digital Asset Inflows of $9.3B in 2021, Compared to $6.8B in 2020

James Butterfill, Investment Strategist at London-based CoinShares, a digital asset manager focused on expanding access to the cryptocurrency ecosystem while serving as a “trusted partner” for its clients, notes that for the week ending December 31, 2021, the firm saw yearly inflows of “US$9.3bn in… Read More

On-Chain Bitcoin (BTC) Volume on Blockchain.com Surpassed $378B Last Year, 18 New Digital Assets Listed in 2021

Blockchain.com, a leading crypto wallet provider, block explorer, and digital asset exchange, writes in an update that (following “proof of keys” day on January 3) a private key is like as a password to your cryptocurrency wallet. In the same way that giving anyone your… Read More

Wyre Teams Up with Rehive to Assist Businesses with Streamlining Fintech App Development

As the number of digital wallet users across the globe continues to increase, Wyre and Rehive have teamed up to make it easier and quicker for companies or businesses to launch “fully” compliant and customized Fintech apps. Together, Wyre and Rehive will aim to offer… Read More

3 Countries to Adopt Bitcoin as Legal Tender in 2022: deVere CEO

Nayib Bukele isn’t joking when he predicted two more countries will make Bitcoin legal tender in 2022, deVere Group CEO Nigel Green said this week. In fact, he may have underestimated the number. Over the weekend Bukele, the president of El Salvador, tweeted a series… Read More

ARPA, a Privacy Preserving Blockchain Infrastructure Enabled by MPC, Teams Up with Wintermute

The team at ARPA reveals that they’re partnering with Wintermute, a global algorithmic market maker in digital assets. As explained in the update, Wintermute will help ARPA for liquidity provision on centralized and decentralized exchanges. It will support ARPA fiat currency pairs like ARPA/EUR, ARPA/USD,… Read More

Goldman Says Bitcoin Can Hit $100,000

2021 came and went without Bitcoin hitting $100,000 in value as certain pundits predicted. In fact, Bitcoin ended the year on a bit of a down note having topped at around $68,000 this past fall now trading at around $46,000. Bitcoin is, of course, the… Read More

Neobank Zen.com Now Offers Fiat to Digital Asset Conversions

Zen.com, a licensed electronic money institution regulated by the Central Bank of Lithuania (but based in Poland), has announced fiat to digital asset conversions, along with the transfer of fiat to any digital wallet accepting BTC, ETH, or USDT (ERC-20). Zen states there are more… Read More

Fintech Nium to Continue Building Out Card Issuance, Banking, Crypto as a Service in 2022

Nium, a company focused on payments and card issuance for businesses, notes that as they wrapped up 2021, they decided to take a look back at some of the key milestones.. 2021 was a year of many ‘firsts’ for Nium, the company wrote in a… Read More

NFT Firm Metaversal Raises $50 Million Series A

Metaversal has announced a $50 million Series A funding round led by CoinFund and Foxhaven Asset. Metaversal states that round was oversubscribed and also includes participation from Collab+Currency, Dapper Labs, Digital Currency Group, Franklin Templeton, Galaxy Vision Hill, Narwhal Ventures, NGC Ventures, Rarible, Rockaway Blockchain… Read More

Decentralized, High-Throughput, Gas Efficient IOST Platform Shares Key Updates as They Plan for 2022

The team at IOST says that 2021 was a year of “highs and lows” for not only IOST but the entire blockchain and cryptocurrency ecosystem. They’ve noted that they’re thankful for IOSTIANS for staying with them through this “wild ride.” Now that they’ve got some… Read More

Over 122 Decentralized Applications or dApps Now Launched on Ontology MainNet, Over 6.8M dApp related TXs Completed

Ontology Network, which claims to be a high performance, open-source blockchain specializing in digital identity and data, has celebrated their 4th anniversary. As mentioned in a blog post, Ontology launched the event “Cyberspace 4 Philosophers.” All 10,000 NFTs were fully sold out within 7 days,… Read More

Digital Money Transfer Platform ZEN.COM Introduces Service that Converts Fiat to Virtual Currency

Digital money transfer service ZEN.COM, which is reportedly powered by Mastercard (NYSE: MA), has introduced the conversion of fiat money into digital assets, as well as the “transfer of fiat currencies to any digital wallet servicing BTC, ETH or USD-T (ERC-20), with more currencies coming… Read More

UK’s Banking and Financial System Doesn’t Provide Good Value for Ordinary Consumers: Survey

Fintech Modulr, which supports a new digital payment account for businesses and is specifically building services for companies needing a faster, easier and more reliable way to move money, notes that when they analyzed the results from their Digital Now survey (looking at consumer “attitudes… Read More

Cion Digital Welcomes $12M Seed Raise, Cash to Drive Tech

Cion Digital, the turnkey blockchain interoperability platform provider, today announced it has closed a $12 million seed capital raise. The capital will be utilized to expand research and development resources. It will also help accelerate the rollout of crypto financing and payment solutions tailored for… Read More

Blockchain Platform NEO Celebrates Deployment of N3 MainNet with Neoverse Launch

The Neoverse has entered into a “new chapter.” In order to celebrate the launch of the N3 MainNet, NGD (or NEO Global Development) launched Neoverse — which is described as an NFT mint and collection campaign carried out “with multiple developer communities, ecosystem projects, and… Read More

Coinbase Said to Dominate Bitcoin Trading: No Competition

This is an interesting factoid. FinancePR, a promotional firm in the financial services sector, has distributed a note stating that Coinbase (NASDAQ: COIN) dominates Bitcoin trading. According to the missive, Coinbase took 53% market share of Bitcoin trading in the past 30 days or 520,000… Read More

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