Blockchain & Digital Assets

August 13, 2021 @ 8:24 am By Tony Zerucha  |  

Cryptocurrency investors this week learned more about how Tether shared more information on how it manages its reserves, as its seeks to reassure investors it can safely manage its role as a stablecoin linked to the US dollar. The third biggest cryptocurrency after BTC and… Read More

August 13, 2021 @ 8:21 am By Omar Faridi  |  

Immunefi, the cryptocurrency bug bounty and security services platform that protects more than $25 billion in users’ funds, is establishing the Immunefi Security Core Unit (CU), which is a contracted team within the Maker ecosystem. According to a release shared with CI, the team will… Read More

August 12, 2021 @ 10:44 pm By Tony Zerucha  |  

SEBA Bank, a FINMA-licensed Swiss Bank, this week added support for Aave (AAVE) and Chainlink (LINK) tokens. The two coins’ combined market cap is north of $12 billion.  With this integration, institutions can now actively manage these DeFi tokens across SEBA Bank’s full suite service offering,… Read More

August 12, 2021 @ 8:27 pm By Priyanka Pani  |  

Even as India continues to debate the legality of crypto, CoinDCX has turned into the country’s first crypto unicorn following a $90 million funding round led by Facebook Inc. co-founder Eduardo Saverin and B Capital Group. Existing investors, Coinbase Ventures, Polychain Capital, Block.one, and Jump… Read More

August 12, 2021 @ 7:25 pm By Omar Faridi  |  

The team at aelf, a decentralized Cloud computing blockchain platform, told CI that their mainnet has proven performance and function. The team will be conducting its mainnet token swap in September 2021. Additionally, the aelf team shared updates regarding its work with the Chinese government…. Read More

August 12, 2021 @ 7:07 pm By Omar Faridi  |  

Telos (TLOS), which is one of the fastest blockchains according to Blocktivity data, reveals in its bi-weekly technical update report that they’ve made some upgrades to the Telos Ethereum Virtual Machine (EVM). The Telos development team notes that this will be their final technical update… Read More

August 12, 2021 @ 4:50 pm By Tony Zerucha  |  

Zoracles project developers have entered a private beta to create the first marketplace dedicated to the price discovery and sale of Uniswap V3 NFTs. The platform will launch under the UniBond brand and is scheduled for a mainnet in the coming weeks. UniBond will become… Read More

August 12, 2021 @ 3:19 pm By Tony Zerucha  |  

Coinbase Pro now accepts inbound transfers of IOTX, ORN, QUICK, TRIBE and UST. That began Aug. 10. Trading was to be allowed after 9 a,m, PT Aug. 11 if liquidity conditions were met. Once sufficient supply of IOTX, ORN, QUICK, TRIBE and UST is established on the… Read More

August 12, 2021 @ 12:54 pm By Tony Zerucha  |  

ClearSight’s new blockchain-based platform aims to provide improved service for the freelance sector. Blockchain and smart contracts form the basis of the interactive platform. The new rollout is designed to help employers identify and hire freelance professionals who fit available job requirements. The ClearSight ecosystem… Read More

August 12, 2021 @ 10:59 am By Omar Faridi  |  

Crypto is “changing,” and BitMEX is “changing with it” according to Alexander Höptner, the CEO at the Bitcoin Mercantile Exchange. In a blog post dated August 10, 2021, the team at BitMEX revealed that they’ve reached a “resolution” with the US Commodity Futures Trading Commission… Read More

August 12, 2021 @ 10:30 am By JD Alois  |  

The enforcement drums are pounding at the Securities and Exchange Commission (SEC) when it comes to digital assets. At the top of the list are trading platforms that may be skirting established securities laws, especially when the Commission believes they are enabling the buying and… Read More

August 12, 2021 @ 10:26 am By Omar Faridi  |  

Broadridge Financial Solutions, Inc. (NYSE:BR), an international Fintech operation, reveals that UBS (NYSE: UBS) has now officially joined its “transformative” distributed ledger repo (DLR) platform. Early participants of the blockchain or DLT-powered platform are being able to accelerate their digital or online journey and realizing… Read More

August 12, 2021 @ 8:07 am By Omar Faridi  |  

The Poly Network attacker has been returning funds after managing to pull of the largest DeFi theft ever. On, August 10, 2021, an unidentified attacker had managed to steal around $612 million worth of virtual currency from cross-chain DeFi protocol Poly Network, making this the… Read More

August 11, 2021 @ 7:19 pm By Tony Zerucha  |  

A new Omdia whitepaper commissioned by fintech solutions provider CR2 discusses the rise of digital wallets and their influence on the unbanked and underbanked and offers recommendations on how incumbent banks can embrace digital wallets to engage with new and existing customers. It cites key… Read More

August 11, 2021 @ 5:51 pm By Tony Zerucha  |  

BUSTA this week announced the launch of its GameFi platform on the Binance Smart Chain. BUSTA will be home to multiple games and tokens with various ways to earn.  Players can stake and hold $BUST while earning rewards as people play and trade. The BUSTA… Read More

August 11, 2021 @ 3:22 pm By JD Alois  |  

The hack of Poly Network that pilfered over $600 million is the largest DeFi theft ever. While Poly Network reports having retrieved some of the crypto, hundreds of millions in digital assets are still yet to be returned.   $260 million (As of 11 Aug… Read More

August 11, 2021 @ 2:29 pm By Tony Zerucha  |  

Cryptocurrencies and other emerging financial technologies raise concerns with sanctions and compliance professionals, the results of a new survey by the International Compliance Association suggest. Almost half (46 percent) of respondents believe greater training and education is needed around crypto/digital currencies and emerging financial technologies… Read More

August 11, 2021 @ 2:16 pm By Tony Zerucha  |  

Decentralized finance technology services provider AllianceBlock has announced eight new C-level hires. The company’s new Zug-based office plans to create 20 to 30 new jobs by the end of 2021. AllianceBlock’s open-source technology provides regulated financial entities around the globe with the infrastructure and tools… Read More

August 11, 2021 @ 11:53 am By Omar Faridi  |  

Blockchain analysis firm Chainalysis is pleased to confirm that they now cover the world’s “premiere” memecoin: Dogecoin (DOGE). Once considered “nothing more than a light-hearted joke,” Dogecoin has become one of the “world’s most popular crypto assets, thanks in part to cheerleaders like Elon Musk… Read More

August 11, 2021 @ 11:30 am By Omar Faridi  |  

Fraxtor Private Ltd, an online real estate platform, has acquired in-principle approval for its Capital Markets Services (CMS) license by the Monetary Authority of Singapore (MAS). The CMS License, after it’s issued, should allow Fraxtor to issue security tokens including debentures and collective investment schemes… Read More