Blockchain & Digital Assets

December 20, 2021 @ 9:41 am By Omar Faridi  |  

Digital assets firm Kraken notes that they’re pleased to confirm that their cryptocurrency trading platform now supports the Avalanche (AVAX) C-Chain. Funding and Trading Funding is currently live, and trading is scheduled to start on Tuesday, December 21, 2021 — at which point Kraken will… Read More

December 19, 2021 @ 10:46 pm By Omar Faridi  |  

HERMESNET, which aims to automate a manual legacy in private equity (PE), has acquired 96% (£145,211) of its £150,000 fundraising target from 107 investors. HERMESNET has secured capital via its crowdfunding campaign being carried out through Crowdcube (with 24 days left in the sale at… Read More

December 19, 2021 @ 9:50 pm By Omar Faridi  |  

Marieke Flament, the Chief Executive at NatWest’s virtual bank for businesses, is reportedly getting ready to leave her role after two and a half years. Flament will be joining Switzerland-headquartered blockchain foundation NEAR as the CEO, she confirmed in statements shared with Reuters. The non-profit… Read More

December 19, 2021 @ 5:18 pm By JD Alois  |  

Coinweb has raised $4 million in funding. Coinweb is a layer-2 cross-chain computation platform that aims to solve some of the most critical problems that currently exist within distributed ledger technology. The strategic funding round includes the participation of KuCoin Labs, Morningstar Ventures, Panda Capital,… Read More

December 19, 2021 @ 5:05 pm By JD Alois  |  

SEBA Bank, a Switzerland digital asset bank regulated by FINMA, has launched a gold token. This digital asset represents physical gold and has rights for physical delivery. The SEBA Bank Gold Token is designed to simplify the process of investing in gold as a digital… Read More

December 19, 2021 @ 2:30 pm By Omar Faridi  |  

Binance Labs, the venture capital and innovation incubation division of Binance, has reportedly invested in the League of Kingdoms (LoK), which claims to be the world’s first decentralized MMO NFT strategy game built on Ethereum (ETH). In LoK, players are able to build various kingdoms… Read More

December 19, 2021 @ 11:39 am By Omar Faridi  |  

VIP$ Coin (VIP$), which claims to be an asset backed and blockchain-powered cryptocurrency, has reportedly been holding discussions with the Mexican government in order to look into the possibility of supporting the nation’s economy with a decentralized currency. In a letter sent to VIP$ Coin’s… Read More

December 18, 2021 @ 3:23 pm By Omar Faridi  |  

Compute North, a company focused on economical, large-scale computing and cryptocurrency mining infrastructure, “demonstrated the value-add and positive impact of its ability to voluntarily throttle down operations at its Kearney, Nebraska data center to support the local grid during times of need.” As mentioned in… Read More

December 18, 2021 @ 3:21 pm By Omar Faridi  |  

BitOoda, an international digital asset financial technology & services platform offering risk management solutions, best-execution brokerage & expert market analysis, notes that Bitcoin declined 3.3% week-on-week, settling at around $48,830 as of midnight UTC on December 15, but has now dropped further to about $46,300 at… Read More

December 18, 2021 @ 10:00 am By Omar Faridi  |  

BitGo, the provider of digital asset financial services, now supports the Avalanche (AVAX) native token and assets launched natively on Avalanche’s C-Chain “across its custody and hot wallet products.” As mentioned in the update, this gives BitGo’s clients the “most secure and reliable way to… Read More

December 18, 2021 @ 9:52 am By Omar Faridi  |  

ConsenSys, the Ethereum software firm, has announced the launch of ConsenSys Rollups, in order to offer enterprise-grade scalability to various financial organizations, addressing the key use case of “scalable applications on the Ethereum blockchain.” ConsenSys leveraged the expertise of Mastercard’s engineering team to “design the… Read More

December 17, 2021 @ 8:07 am By Omar Faridi  |  

Nuvei Corporation (Nasdaq: NVEI) (TSX: NVEI), the international payment tech partner of major brands, announced that it has entered into a partnership with FTX Trading LTD, which is the owner and operator of FTX.COM, a global crypto exchange. This partnership with Nuvei will allow FTX… Read More

December 17, 2021 @ 7:30 am By Omar Faridi  |  

Deutsche Börse has completed the acquisition of a majority stake in Crypto Finance, a FINMA-regulated provider of trading, custody, and investment services for digital assets. The agreement was “signed in June, and closing was on 15 December 2021,” the announcement confirmed. The acquisition lays the… Read More

December 16, 2021 @ 7:31 pm By Tony Zerucha  |  

Aventus Network, a Layer-2 blockchain protocol that brings scalability, lower costs, and speed to Ethereum transactions, recently launched its native utility token AVT on Bittrex Global. The token fuels the Aventus Network through powering transactions, supporting validator activity and by proofing governance. Since the launch of… Read More

December 16, 2021 @ 6:08 pm By JD Alois  |  

Following the House Financial Services Committee hearing on cryptocurrency last week, the Senate Banking Committee held a related hearing to discuss the stablecoin market. Entitled Stablecoins: How Do They Work, How Are They Used, and What Are Their Risks?, the Senate Banking Committee had a single… Read More

December 16, 2021 @ 3:53 pm By Omar Faridi  |  

EBANX, the payments platform in Latin America, announced on December 15, 2021 that it has acquired Remessa Online, a Brazilian Fintech firm that specializes in international remittance services, “in a deal valued at $229 million.” With the addition of Remessa Online’s expertise and tech, EBANX… Read More

December 16, 2021 @ 3:51 pm By Tony Zerucha  |  

CoinShares, a European digital asset investment firm with more than $4.7 billion of assets under management, this week announced a partnership with Scalable Capital, a European digital wealth manager, and neo broker. Scalable Crypto is now available as part of Scalable Capital’s mobile app and allows Scalable… Read More

December 16, 2021 @ 3:07 pm By Tony Zerucha  |  

Nansen, a blockchain data analytics platform, has raised a $75 million Series B round led by Accel. GIC, Andreessen Horowitz (a16z), Tiger Global, and SCB 10X are among the VCs and angel investors who also participated in the round. This funding will be used to… Read More

December 16, 2021 @ 11:46 am By Omar Faridi  |  

JST Capital, an international financial services company specializing in digital assets, has  announced that it has joined the Pyth Network, which claims to be a next-gen Oracle platform designed to offer trusted and verifiable market data to decentralized applications (dApps), and will be offering real-time… Read More

December 16, 2021 @ 9:01 am By JD Alois  |  

Former Securities and Exchange Commission Chairman Jay Clayton visited with CNBC yesterday to discuss meme stocks but he also had the opportunity to share his opinion on crypto. During the show, Clayton professed that he has, “long believed that the rules in that area are… Read More