Blockchain & Digital Assets

August 21, 2021 @ 7:51 pm By Omar Faridi  |  

The team at Astra Protocol, which aims to equip the decentralized finance (DeFi) space with a complete legal layer and unlock the future growth of the industry, notes that operating within DeFi comes with “unpredictability” as well as key opportunities. Some of the main benefits… Read More

August 21, 2021 @ 6:32 pm By Omar Faridi  |  

The team at Blockstream, a Bitcoin-focused firm, has released its Markets Weekly Report, dated  August 20, 2021. As noted in the report from Blockstream, Bitcoin is currently on pace “to finish on the top end of this week’s range for the fifth weekly win in… Read More

August 21, 2021 @ 2:03 pm By Omar Faridi  |  

The team at OKEx, one of the world’s largest digital asset exchanges in terms of adjusted trading volume and scope of operations, has introduced its $10 million Metaverse program. As noted in an update shared with CI, the rapid development of Metaverse initiatives is leading… Read More

August 21, 2021 @ 8:54 am By Omar Faridi  |  

Eurex, an established European derivatives exchange, has announced the launch of Bitcoin ETN futures. We’re excited to announce the launch of #Bitcoin ETN #futures. As the extension of the ETN traded so successfully on @Xetra, the new contract offers clients access to the price of… Read More

August 20, 2021 @ 4:25 pm By Tony Zerucha  |  

Digital asset data provider CryptoCompare today released its updated Exchange Benchmark, revealing the best cryptocurrency exchanges based on a comprehensive methodology assessing counterparty, operational, trading and security risks. The report ranks more than 150 global spot exchanges and assigns AA – E grades to help… Read More

August 20, 2021 @ 3:01 pm By Tony Zerucha  |  

DeFi platform Coinchange this week launched early access to their High Yield Account, which allows users to earn passive income on deposited crypto. The High Yield Account generates earnings for users by funding liquidity pools. dApps charge fees for every exchange made using those pools,… Read More

August 20, 2021 @ 12:00 pm By Omar Faridi  |  

The art and collectible markets are considerably more “liquidity-starved” when compared to the global equity, gold markets, and other assets. And this problem is even more prevalent in the NFT market, which is its early stages of development. It might take a long time to… Read More

August 20, 2021 @ 11:56 am By Tony Zerucha  |  

Peruvian fintech B89 this week became the newest node operator on Polymesh, a permissioned blockchain purpose-built by Polymath specifically for regulated assets. It is currently in testnet phase with mainnet launch anticipated for later this year. Polymesh said most public blockchains are insufficient at meeting… Read More

August 20, 2021 @ 11:39 am By JD Alois  |  

Circle is a Fintech that is best known for its dollar-based stablecoin, USDC, that has grown rapidly in recent months. Today, USDC is the second most popular stablecoin following Tether, with a market cap of over $27 billion. While about half the size of Tether… Read More

August 20, 2021 @ 10:04 am By Omar Faridi  |  

Alto recently named Amin Dabit as their Chief Operating Officer Dabit has joined the next-gen alternative investment IRA custodian amid “significant growth” according to an update and detailed discussion with Crowdfund Insider on Thursday (August 19, 2021). Alto Solutions, Inc. (Alto), the next-gen self-directed IRA… Read More

August 20, 2021 @ 8:19 am By Omar Faridi  |  

Lega Serie A and Crypto.com, a fast-growing cryptocurrency platform, revealed on August 19, 2021 that Crypto.com will become the “first” Innovation & Technology Partner of Italian Football. Building upon Crypto.com’s values of “transparency” and “reliability,” the multi-year partnership integrates Crypto.com in each “broadcast moment” where… Read More

August 19, 2021 @ 8:29 pm By Omar Faridi  |  

The Union Bank of the Philippines (UnionBank) has teamed up with crypto-asset custodian Hex Trust in order to test out its digital asset custody services – which are compliant with the guidelines provided by the Bangko Sentral ng Pilipinas (BSP), the nation’s reserve bank. Through… Read More

August 19, 2021 @ 6:21 pm By Tony Zerucha  |  

July proved to be a turbulent month for cryptocurrencies in Latin America, the authors of a research note from Blockchain Intelligence Group discovered. While Mexico at one point looked poised to regulate crypto, they instead went in the opposite direction by banning its use by… Read More

August 19, 2021 @ 3:35 pm By JD Alois  |  

Commissioner Brian D. Quintenz, long a voice in support of responsible Fintech innovation at the Commodities Futures Trading Commission (CFTC), has issued a statement regarding his forthcoming exit from the regulator. Quintenz’s term expired in April of 2020 but said he would not seek another… Read More

August 19, 2021 @ 11:28 am By Tony Zerucha  |  

South African cryptocurrency exchange OVEX, which specializes in over-the-counter (OTC) trading, this week announced a partnership with P2P Fintech Paxful. As part of the agreement, Paxful’s customers will be able to utilize OVEX’s Direct Transfer to Bank mechanism, which allows them to instantly convert their… Read More

August 19, 2021 @ 11:20 am By JD Alois  |  

tZERO, a regulated ATS for digital securities, has scheduled Exodus Movement to commence trading on September 14, 2021. As was previously reported, Exodus a non-custodial cryptocurrency software platform that aims to make cryptocurrency and digital assets easy for everyone, raised $75 million in a Reg… Read More

August 19, 2021 @ 11:07 am By JD Alois  |  

Congressman Tom Emmer has reintroduced the Blockchain Regulatory Certainty Act along with Congressman Darren Soto. The legislation aims to address Financial Action Task Force (FATF) proposed guidance that could stifle blockchain innovation in the United States and elsewhere. FATF has advocated for stricter regulation of… Read More

August 19, 2021 @ 10:22 am By Omar Faridi  |  

The team at ApeSwap.Finance, a decentralized or non-custodial exchange on Binance Smart Chain (BSC), reveals that REVV is preparing to join the ApeSwap Jungle. REVV Motorsport is a “play-to-earn” gaming and NFT ecosystem that’s based on Ethereum (ETH), “encompassing some of the most popular performance… Read More

August 19, 2021 @ 10:14 am By JD Alois  |  

Yield Guild Games (YGG) has raised $4.6 million in a funding round led by Andreessen Horowitz (a16z). The funding was said to have been finalised prior to the YGG token sale on July 27 and was joined by Kingsway Capital, Infinity Ventures Crypto, Atelier Ventures,… Read More

August 19, 2021 @ 9:49 am By JD Alois  |  

The London School of Economics (LSE) has joined the Governing Council of Hedera Hashgraph, an enterprise-focused blockchain that seeks to offer a solution to less efficient forms of distributed ledger technology. The Council provides “decentralized governance” for the public ledger and comprises up to 39… Read More