Blockchain & Digital Assets

August 3, 2021 @ 11:36 pm By Tony Zerucha  |  

Cryptocurrency wealth platform Vauld has completed a $25 million Series A round led by Valar Ventures, a VC firm cofounded by Peter Thiel. Pantera Capital, Coinbase Ventures, CMT Digital, Gumi Cryptos, Robert Leshner and Cadenza Capital also participated. The funding will be used to hire… Read More

August 3, 2021 @ 4:27 pm By JD Alois  |  

The Chairman of the Securities and Exchange Commission, Gary Gensler, has been consistent in his comments regarding digital assets/crypto in regards to a need for more regulation. This week, Gensler addressed the Aspen Security Forum and his topic of choice was crypto and the need… Read More

August 3, 2021 @ 3:50 pm By JD Alois  |  

Figure, a financial services firm utilizing blockchain technology, has announced a merger with Homebridge Financial Services. Figure was founded by CEO Mike  Cagney, the founder of publicly-traded SoFi, a Fintech unicorn. The terms of the deal were not revealed. At the end of July, Figure… Read More

August 3, 2021 @ 12:47 pm By Tony Zerucha  |  

Blockchain and cryptocurrency company DMG Blockchain Solutions has invested $2 million in Bosonic, a provider of critical infrastructure eliminating counterparty credit and settlement risk in digital asset markets. The move is designed to develop DMG’s Blockseer Core+ strategy by providing access to Bosonic’s institutional exchange… Read More

August 3, 2021 @ 11:09 am By Omar Faridi  |  

The team at BlockFi, a company that allows users to earn interest and offers services including purchasing Bitcoin (BTC), borrowing USD, while growing their wealth. notes that they’re pleased to confirm that the “world’s first” Bitcoin rewards credit card is now available to all “eligible… Read More

August 3, 2021 @ 11:05 am By JD Alois  |  

Gary Gensler, Chairman of the Securities and Exchange Commission (SEC), has once again stated his opinion that cryptocurrency is in greater need of regulation in regards to investor protection concerns. Gensler has stated several times in the recent past his belief the crypto exchanges are… Read More

August 3, 2021 @ 9:35 am By Omar Faridi  |  

Digital currency exchange Independent Reserve revealed on Monday (August 2, 2021) that it had acquired an “in-principle approval” letter for a Major Payment Institution License in Singapore from the Monetary Authority of Singapore (MAS) under the Payment Services Act (PSA) “to operate as a regulated… Read More

August 2, 2021 @ 11:17 pm By Omar Faridi  |  

Jake Chervinsky, the General Counsel at Compound Finance, recently shared insights and his take on the deal with the recently proposed US infrastructure bill. 1/ 🚨 Here's the deal with the US infrastructure bill: A new provision has been added that expands the Tax Code's… Read More

August 2, 2021 @ 10:02 pm By Omar Faridi  |  

Blockchain Association Singapore (BAS) reveals that it has appointed Richard Teng, former CEO at the Financial Services Regulatory Authority at Abu Dhabi Global Market (ADGM), as a member to its Advisory Board. Teng brings extensive experience working in the global financial and Fintech industry across… Read More

August 2, 2021 @ 8:10 pm By Omar Faridi  |  

Matrixport, which claims to be one of Asia’s fastest-growing digital assets financial services platforms, has finalized its Series C funding round with a valuation of more than $1 billion — just two years after it launched. Matrixport‘s investment round has been led by partners of… Read More

August 2, 2021 @ 6:08 pm By Omar Faridi  |  

Bitfinex Derivatives is offering a derivatives platform that is accessible via Bitfinex, a digital token trading platform. As mentioned in a release shared with CI, Bitfinex Derivatives has introduced a perpetual contract for Solana (SOLF0:USTF0). Solana (SOLF0:USTF0) “went live on 26/07/21 at 15:00 PM CET,”… Read More

August 2, 2021 @ 5:10 pm By JD Alois  |  

Senator Patrick Toomey, the ranking Republican on the Senate Banking Committee, has issued a statement calling proposals for a new cryptocurrency tax to be included in the infrastructure bill as “unworkable.” Toomey issued a brief comment regarding the proposal: “Congress should not rush forward with… Read More

August 2, 2021 @ 12:29 pm By JD Alois  |  

At the end of last week, Representative Don Beyer presented legislation that would create definitions for digital assets and digital asset securities and provide the Securities and Exchange Commission (SEC) with statutory authority over digital asset securities and the Commodity Futures Trading Commission (CFTC) with… Read More

August 2, 2021 @ 11:38 am By JD Alois  |  

tZERO ATS (alternative trading system) reports that it will list Exodus Movement, Inc. Class A common stock for secondary trading. Exodus issued securities under Reg A+, a securities exemption that allows the issuer to immediately trade shares on an exchange or ATS. Exodus closed its… Read More

August 2, 2021 @ 11:12 am By Omar Faridi  |  

The developers at Ocean Protocol (OCEAN), which allows software engineers to build marketplaces and other apps to privately and securely publish, exchange, and consume data, have revealed that Ocean now makes multi-network “even easier.” The Ocean Protocol developers reported that they’ve simplified multi-network on Ocean… Read More

August 2, 2021 @ 11:07 am By JD Alois  |  

As has been previously reported, the spending bill that has been in the works for some time now is closer to become law. The ‘Infrastructure Investment and Jobs Act” lands at 2700 pages of government expenditure that aims to improve infrastructure like roads, airports, transportation… Read More

August 2, 2021 @ 10:18 am By JD Alois  |  

Digital asset management firm Arca has announced a new digital asset fund that aims to generate low double-digit returns, along with minimal volatility, for investors. The Arca Digital Yield Fund is said to be the first actively managed income fund in the digital assets sector…. Read More

August 1, 2021 @ 9:42 pm By Omar Faridi  |  

Brett McLain, Director of Engineering – Crypto, Fiat, Staking at digital assets firm Kraken, notes that if you’re interested in digital currencies, payments, or staking and want to help create the financial system of the future, then you may be glad to know that the… Read More

August 1, 2021 @ 8:19 pm By JD Alois  |  

The US Senate worked on Sunday to come to terms on a infrastructure bill that could end up costing trillions of dollars. The super thin margin in the Senate means moderates on both sides of the aisle will play a key role in the decision… Read More

August 1, 2021 @ 7:38 pm By Omar Faridi  |  

We recently caught up with Jacobo Toll-Messia, the Founder and CEO at Nahmii AS, which is focused on providing layer-2 scalability solutions for Ethereum (ETH), the world’s largest smart contract platform. Jacobo talked about the different approaches taken to effectively scale enterprise-grade blockchain or distributed… Read More