Blockchain & Digital Assets

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

Algofi Welcomes $2.8M to Grow DeFi Lending, Stablecoin Protocol

Algofi, a lending market and stablecoin protocol built on the Algorand blockchain, today announced $2.8 million in seed funding during Decipher, Algorand’s annual community conference. Union Square Ventures, Arrington XRP Capital, and Pillar VC led the round, with participation from Y Combinator, Formulate Ventures, and… Read More

Grayscale Solana Trust Now Available

Grayscale has launched its Grayscale Solana Trust for investors. This is a single asset vehicle for investors (accredited) interested in the native digital asset issued by the Solana Network. Solana (SOL) is one of the most popular digital assets trading in the marketplace. SOL has… Read More

Secretary of the Treasury Janet Yellen Provides Answers to Senator Toomey’s Questions including Stablecoin Clarification

The Secretary of the Treasury Janet Yellen has provided responses to questions put forth by Senator Pat Toomey – the ranking Republican on the Senate Banking Committee. The questions are in follow-up to a recent hearing at the Committee. Yellen, along with Fed Chairman Jerome… Read More

Crypto.com Exchange Introduces International USD Deposits, Withdrawals with Assistance from Silvergate

Crypto.com Exchange has announced that it’s working with Silvergate, the provider of financial infrastructure solutions to the virtual currency industry, in order to introduce USD deposits and withdrawals to its institutional clients. As mentioned in an update shared with CI, this integration is “an additional… Read More

Digital Asset Inflows of $306M Seen This Past Week, Suggesting Continued Appetite for Crypto Investments, CoinShares Reports

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 in a blog post published on Monday (November 29) that for the week ending November 26,… Read More

Metaverse Is Revolutionizing Digital Commerce, Real Estate, Media, Entertainment: Report

Grayscale, a company focused on digital currency investing, notes that crypto Cloud economies are the next “emerging market investment frontier” and the Metaverse is at the forefront or center of this Web 3.0 Internet “evolution.” As explained by Grayscale, the Metaverse is a set of… Read More

China: WeiyangX Fintech Review

Beijing Looks to Set Up Digital Asset Exchange in the Sub-Center Area On November 26th, the State Council released a circular on supporting Beijing’s sub-center in pursuing high-quality development. To achieve the goals of a green city, sponge city, and smart city, related authorities will… Read More

Accursed Share Unveils NFT Collection by Photographer Frederic Auerbach, Featuring Mike Tyson, Sharon Stone, Others

Artist-led production studio Accursed Share has announced a non-fungible toke (NFT) collection by celebrity photographer Frederic Auerbach that will give an “exclusive insight” into his work with five of Hollywood’s notable celebrities as well as 30 “never-before-seen” ‘process’ photos culled from the “working sessions with… Read More

GIANT Protocol to Develop Web 3.0 Protocol to Decentralize Access to Internet, Financial Services

GIANT Protocol is pleased to make its public debut with the announcement that it is developing a Web 3.0 protocol to “decentralize and democratize access to the internet and financial services.” The tokenized bandwidth platform will “allow anyone with a mobile phone to access the… Read More

Mattias Tengblad: Corite Co-founder Says they’re Bringing Play to Earn Model to Music Industry

Music Tape to Tape Reel

We recently caught up with Mattias Tengblad, the Co-founder and CEO at Corite, a platform that allows artists and their fans to join forces. Via the Corite platform, people can invest in music they really love and get paid when it’s streamed on Spotify and… Read More

Blockade Games Secures $5M in Capital at $23M Valuation

Blockade Games, the blockchain video game studio, has announced that it has finalized its $5 million seed extension at a $23 million valuation that is being co-led by Animoca Brands and Digital. Other investors reportedly include Drew Austin from Redbeard Ventures, Flamingo DAO, Galaxy Interactive,… Read More

Robocash Shares High-Yield Investment Strategies for UK Investors: Report

The Robo.cash team has published an update that covers (what they claim to be) high-yield investments in the United Kingdom. Robo.cash aims to introduce people to different “safe, high yield investments, what they offer and how to go about them.” As mentioned in the update,… Read More

Fours Years Since Ontology Network’s Launch, the Platform’s Developers Share Key Milestones to Web 3.0 Infrastructure Status

Ontology Network, which claims to be a high-performance, open-source blockchain specializing in digital identity and data, has now been live for over fours years. The platform remains focused on its journey to Web 3.0 Infrastructure Status. Ontology confirms that it has a continued focus on… Read More

Blockchain Developers May Now Use Wyre’s API Tools to Build dApps on Algorand

If you’re a blockchain developer or brand building your application on the Algorand blockchain, then you may be interested in knowing that Wyre’s integration with Algorand is now live. As mentioned in the announcement, this means that application developers on the Algorand blockchain are able… Read More

SubQuery Network to be Deployed on Acala, Decentralizing Polkadot’s Data Indexing Service

matrix-data-money

SubQuery, the data indexing solution in Polkadot, is pleased to confirm that the launch of the SubQuery Network will take place on the Acala parachain. As mentioned in the announcement, SubQuery and the SQT token will also aim to be “the first external application and… Read More

Digital Asset Firm Gemini Announces Support for Bitcoin Core Maintainer Michael Ford

Digital assets firm Gemini recently revealed that they’re pleased to confirm their support for Bitcoin Core Maintainer Michael Ford, also known as “Fanquake.” As mentioned in the update from Gemini, Michael’s sponsorship through the Gemini Opportunity Fund further supports the Fund’s mission or goal to… Read More

Binance Smart Chain Completes Community Voting Mechanism Pilot for Most Valuable Builder Program

Binance Smart Chain, which claims to be the leading decentralized finance (DeFi), non-fungible token (NFT) and Infra platform, has reportedly completed the first community-voting mechanism pilot for its Most Valuable Builder Program that “selected top ten projects from a pool of industry-leading BSC projects.” As… Read More

Solving DeFi Ecosystem Challenges: Sean Ryan, CEO of Glitch Finance, Explains how to Address Security Issues in Decentralized Protocols

The decentralized finance sector has truly achieved a lot in the past few years, but it has an exposed Achilles heel in security issues. To address this issue once and for all, we need a robust blockchain network and ecosystem built from scratch with security… Read More

Flurry Finance Launches Utility, Governance Tokens on Polygon Dec. 1

Decentralized finance (DeFi) protocol Flurry Finance, which offers cross-chain yield farming, will deploy its utility token RHO and its governance token FLURRY on the Polygon network Dec. 1. A trio of RHO tokens – rhoUSDT, rhoUSDC and rhoBUSD will also be available on the same day…. Read More

Lendingblock Unveils New Boost Tier Requirements, Bronze Starts at 413,095 LND

Digital asset lending infrastructure developer Lendingblock this week released new requirements for their LND Boost tiers. They are effective Dec. 1. Boost tiers are staking devices that come with rewards, with greater benefits coming with the higher levels. They include higher earned interest rates and… Read More

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