Blockchain & Digital Assets

January 3, 2022 @ 11:37 am By Omar Faridi  |  

The team at IOHK, which supports the development of major blockchain platform Cardano (ADA), says that 2021 was the year robots, and “graffiti came to a decentralized, smarter Cardano.” The update posted by IOHK noted that Beeple used to illustrate their write-ups, however, art NFTs… Read More

January 3, 2022 @ 10:59 am By Omar Faridi  |  

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 advances in quantum computing are “stoking fears” that Bitcoin’s wallet structure is “vulnerable to exploits,… Read More

January 3, 2022 @ 8:16 am By JD Alois  |  

BitMEX, a crypto exchange in the derivatives market that is planning to soon add a spot market, has hired a new Chief Commercial Officer – Rupertus Rothenhaeuser. BitMEX has been in a rebuilding mode following the exit of its founder and former CEO Arthur Hayes… Read More

January 3, 2022 @ 7:50 am By Omar Faridi  |  

SlowMist has shared their review of the blockchain security industry in 2021. The blockchain security firm reveals that international losses for the sector surpassed $9.8 billion. As mentioned in the update from SlowMist, 2021 was a year of “ups and downs” for the blockchain or… Read More

January 3, 2022 @ 1:43 am By Omar Faridi  |  

LTD.INC, a curated platform that teams up with various artists, creators, and brands to launch rare physical and digital NFT collections and experiences via the Ethereum (ETH) blockchain and the latest NFT tech, has announced the “upcoming launch of its Web 3.0 platform and mobile… Read More

January 2, 2022 @ 10:16 pm By Omar Faridi  |  

Uppsala Security, a provider of security tools and services for Crypto AML/CTF, Transaction Risk Management, Regulatory Compliance, Transaction Tracking, and Cyber Security announced the expansion of their business in the NFT Custody area, a service that was “not available until now in South Korea.” As… Read More

January 2, 2022 @ 4:47 pm By Omar Faridi  |  

The team at Waves, a blockchain technology platform focused on digital assets, DeFi, and NFTs, recently shared the main takeaways from community discussions during which the Waves ecosystem’s short-term plans and longer-term strategy were revealed. Waves founder Sasha Ivanov has talked about the Waves ecosystem’s… Read More

January 2, 2022 @ 3:43 pm By Omar Faridi  |  

Bitcoin (BTC) ended 2021 at an average price of $47,400, as Ray Dalio noted that BTC has “proven itself.” Meanwhile, MicroStrategy (Nasdaq: MSTR) continued to acquire more of the leading cryptocurrency to strengthen its corporate treasury, the team at Blockstream noted in a recent market… Read More

January 2, 2022 @ 3:38 pm By JD Alois  |  

Zelle is a peer-to-peer payments service that is now utilized by over 1000 banking apps across the US. As services like Venmo gained in popularity, traditional banks were compelled to compete and Zelle has emerged as a viable alternative for real-time transfers. Originally founded by… Read More

January 1, 2022 @ 11:43 pm By Omar Faridi  |  

The team at digital asset firm Kraken notes that last year, they remained focused on their mission to accelerate the adoption of cryptocurrency “so that you and the rest of the world can achieve financial freedom and inclusion.” In 2021, Kraken celebrated its 10-year anniversary,… Read More

January 1, 2022 @ 10:21 pm By Omar Faridi  |  

Surojit Chatterjee, Chief Product Officer at Coinbase (NASDAQ: COIN), notes that 2021 proved to be “a breakout year for crypto” with Bitcoin (BTC) price gaining nearly 70% YoY, DeFi hitting $150B in value locked, and NFTs “emerging as a new category.” Chatterjee has shared his… Read More

December 31, 2021 @ 3:37 pm By JD Alois  |  

CoinSmart Financial Inc., one of the first digital asset trading platforms to be registered as a restricted dealer under securities laws across Canada, has shared some perspective on the Binance Canada predicament. Earlier today, it was reported that Binance Canada had been registered as a… Read More

December 31, 2021 @ 12:07 pm By JD Alois  |  

Binance Canada, or Binance Canada Capital Markets, Inc., has been registered as a Money Service Business (MSB), The Calgary-based operation is registered to provide foreign exchange dealing, money transferring, and dealing in “virtual currencies.” The registration is good until December 2024. As shared with CI,… Read More

December 31, 2021 @ 11:42 am By Omar Faridi  |  

Compass Mining, which claims to be the first and largest online marketplace for Bitcoin mining hardware and hosting, has commented on the relationship between BTC’s hashrate and the leading cryptocurrency’s issuance rate. According to mining analyst Mitch Klee, the inflation rate is “tied to hashrate… Read More

December 31, 2021 @ 9:45 am By Omar Faridi  |  

Bitfinex Derivatives provides a derivatives platform that’s accessible via Bitfinex, a digital token trading platform. Bitfinex Derivatives has announced the launch of a perpetual contract for Curve DAO Token (CRVF0:USTF0). Curve DAO Token (CRV) is an Ethereum token that is used to power transactions via… Read More

December 31, 2021 @ 8:54 am By Omar Faridi  |  

The Financial Action Task Force (FATF) has reported that there are just 58 out of 128 reporting jurisdictions advising that they have implemented any of the updated FATF standards, including the “travel rule.” This reportedly aligns with what CipherTrace has found through their extensive work… Read More

December 30, 2021 @ 8:24 pm By JD Alois  |  

Valereum Blockchain Plc (AQSE: VLRM), has agreed to acquire Juno Group of Companies, a Gibraltar-based firm that facilitates the formation and management of trusts, administration of funds, and the formation of companies in Gibraltar. Juno also operates with both fiat and cryptocurrencies. In October of… Read More

December 30, 2021 @ 7:24 pm By Omar Faridi  |  

In September of this year, the team at Robinhood (NASDAQ:HOOD) had announced that crypto wallets were coming to the platform—enabling clients to not only trade, but send and receive virtual currency via the Robinhood app. Robinhood wrote in a blog post that they’d long heard… Read More

December 30, 2021 @ 3:07 pm By Omar Faridi  |  

At digital assets firm Gemini, they are focused on developing the next generation of financial services by leveraging the transformative power of blockchain or distributed technology (DLT) and cryptocurrency. Via the Gemini Frontier Fund — their strategic venture investment division — the company has  embarked… Read More

December 30, 2021 @ 9:45 am By JD Alois  |  

Binance, the largest crypto exchange in the world, has acquired the remaining shares of Swipe, a Visa card platform that enables users to spend crypto. The terms of the deal were not disclosed. Binance acquired a majority portion of Swipe in 2020. According to a… Read More