Blockchain & Digital Assets

August 28, 2021 @ 11:51 am By Omar Faridi  |  

On Friday (August 27, 2021), the team at Sygnum banking platform celebrated their anniversary as a “regulated Swiss bank.” As mentioned in an update from Sygnum Bank: “Two years since we received our banking and securities dealer license, we now have significantly more than CHF… Read More

August 28, 2021 @ 8:08 am By Tony Zerucha  |  

AllianceBlock, the chain-agnostic protocol, has today unveiled a new technical roadmap. It outlines the upcoming milestones that will bring AllianceBlock’s vision of bridging the gap between DeFi and traditional finance closer by remedying issues that exist in both spheres and linking the two worlds of… Read More

August 27, 2021 @ 5:40 pm By Tony Zerucha  |  

Polygon, an Ethereum-based full-stack scaling solution, today announced a partnership with Showtime, an NFT-based social media platform. Showtime loins a list of Polygon partners made up of blockchain-based Web 3.0 games and NFT projects such as Decentraland, Opensea, Sandbox, Somnium Space, Animoca, and Decentral Games…. Read More

August 27, 2021 @ 5:15 pm By Tony Zerucha  |  

Those buying on the dip weren’t enough to push Bitcoin back north of $50,000, GlobalBlock sales trader Jonas Luethy said in a research note this week. After briefly trading above $50,000 earlier this week, Luethy said Bitcoin has retraced downwards, breaking down from an ascending… Read More

August 27, 2021 @ 4:33 pm By Tony Zerucha  |  

Polygon, an Ethereum scaling full-stack solution, recently announced a cross-chain bridge to decentralized storage network Filecoin to accelerate Web 3 interoperability between both ecosystems. The bridge will connect Filecoin and Polygon data stores and allow ecosystem projects pro gratis usage of the bridge and storage… Read More

August 27, 2021 @ 4:24 pm By Tony Zerucha  |  

CoinSwap Space, a decentralized exchange on the Binance Smart Chain, has integrated with Ramp, a move the two say will simplify DeFi activity. Ramp is a fiat onramp which does not require any proof of address to be uploaded by the customer.  This partnership will… Read More

August 27, 2021 @ 12:00 pm By Omar Faridi  |  

Sumit Gupta, Co-founder and CEO at CoinDCX, one of India’s largest and most established cryptocurrency exchanges and liquidity aggregators, recently shared important insights exclusively with Crowdfund Insider. Notably, CoinDCX recently finalized a $90 million investment round, becoming India’s first crypto-focused Unicorn. During our conversation, Gupta… Read More

August 26, 2021 @ 11:36 pm By Omar Faridi  |  

Tezos (XTZ) has been chosen to enable smart contracts for “leading” European banks, according to a recent update. Crypto Finance Group, InCore Bank, and Inacta announced on August 24, 2021, that they are selecting Tezos for “innovative, compliant on-chain digital financial products.” As mentioned in… Read More

August 26, 2021 @ 11:07 pm By Tony Zerucha  |  

Virtual asset trading platform Matrix, this week launched as the first regulated virtual asset multilateral trading facility (MTF) and custodian under the Abu Dhabi Global Market (ADGM) virtual asset policy framework. It is licensed by the Financial Services Regulatory Authority (FSRA). The Gulf Cooperation Council (GCC), which… Read More

August 26, 2021 @ 9:19 pm By Tony Zerucha  |  

KYC-AML regulatory technology provider Netki is partnering with blockchain technology provider Polymath to bring blockchain-specific identity verification to Polymesh, a permissioned blockchain purpose-built by Polymath for security tokens. The collaboration will help protect against fraudulent account creation while ensuring the onboarding process to the chain… Read More

August 26, 2021 @ 7:44 pm By Omar Faridi  |  

SIMON Markets LLC, a Fintech firm transforming the digital wealth management sector via its  platform for financial professionals, reveals that it has teamed up with NYDIG—a tech and financial services company “dedicated” to Bitcoin—in order to launch “first-to-market” Bitcoin education “designed for wealth managers, and… Read More

August 26, 2021 @ 7:29 pm By Tony Zerucha  |  

Yieldly, a decentralized finance (DeFi) ecosystem built on the Algorand blockchain, today announced partnerships with esports organizations BOOM esports and Fact Revolution. They will see the release of bespoke esports NFTs that users can win via staking. The partnerships will enable BOOM and Fact Revolution… Read More

August 26, 2021 @ 6:20 pm By Tony Zerucha  |  

GK8 a cybersecurity company offering custodian technology for managing and safeguarding digital assets, announced this week its proprietary end-to-end custody solution, designed for banks and financial institutions, is now available for institutional customers that want to offer custody of Hedera’s native HBAR and HTS-based tokens…. Read More

August 26, 2021 @ 6:13 pm By Tony Zerucha  |  

Financial services company AID:Tech, which provides federal relief distribution services, will soon be leveraging the power of payment solutions from Circle, a global financial technology firm that provides internet-native payments and treasury infrastructure.  Utilizing USD Coin (USDC) and leveraging Circle’s payment rails, AID:Tech’s platform provides… Read More

August 26, 2021 @ 11:26 am By Omar Faridi  |  

Celsius, the international digital currency earning and borrowing platform, recently revealed that it’s now managing $20,366,621,718 in crypto-assets as of August 13, 2021. Celsius carried out its quarterly internal audit using tech provided by third-party blockchain analysis company, Chainalysis, and using an internally developed methodology… Read More

August 26, 2021 @ 11:09 am By JD Alois  |  

Senator Patrick Toomey, a member of the Senate Banking Committee, has issued a call for feedback regarding legislation that impacts cryptocurrency and blockchain technology. Toomey has been supportive of financial innovation and more recently had attempted to mitigate the impact of the Infrastructure legislation that… Read More

August 26, 2021 @ 10:37 am By Omar Faridi  |  

Riot Blockchain, Inc. (NASDAQ: RIOT), which is one of the leading Nasdaq-listed public Bitcoin mining firms in the US, recently shared its financial results “as of and for the three-months ended June 30, 2021.” Riot Blockchain’s unaudited financial statements are also available via the firm’s… Read More

August 26, 2021 @ 10:30 am By Omar Faridi  |  

tZERO, a key player in blockchain innovation and liquidity for digital assets, reveals that its wholly owned, FINRA member broker-dealer subsidiary, tZERO ATS, has teamed up with MarketSpace Capital, a real estate private equity company. Through the partnership, the firms will support the trading of… Read More

August 26, 2021 @ 10:00 am By JD Alois  |  

Earlier today, the UK Financial Conduct Authority posted the “First Supervisory Notice” related to a statement by the FCA in June that Binance Markets Limited is not permitted to undertake any regulated activity in the UK. Binance Markets is part of the Binance Group. Binance… Read More

August 26, 2021 @ 8:41 am By Omar Faridi  |  

BNPL Pay, a “decentralized” lending protocol that “puts credit in the hands of those who need it the most (users without capital), says that it aims to address the problems presented by uncollateralized borrowing through their “novel” design of “a decentralized network of banking nodes.”… Read More