Blockchain & Digital Assets

November 7, 2021 @ 1:45 pm By Omar Faridi  |  

Crypto-native risk monitoring and market surveillance provider, Solidus Labs, has announced that it closed a $15 million round, which came just six months after completing a $20 million A-round in May 2021. Liberty City Ventures is leading the investment round, which also includes contributions from… Read More

November 7, 2021 @ 1:16 pm By Omar Faridi  |  

Since launching, many Internet Computer initiatives have reportedly adopted Motoko for development. Here’s a quick update on this language and where they’re currently at. Two years back, the Internet Computer team confirmed the launch of Motoko, an actor-based programming language “designed for the Internet Computer.”… Read More

November 6, 2021 @ 2:18 pm By JD Alois  |  

The infrastructure bill (H.R.3684) is on its way to becoming law. After a circuitous legislative path that saw extreme left legislative vote against the bill while several Republicans helped to push it across the finish line, a pinnacle of the Biden Administration’s legislative ambitions is… Read More

November 6, 2021 @ 12:12 pm By Omar Faridi  |  

FTX US, a US-regulated crypto exchange, announced it has implemented a comprehensive suite of anti-financial crime compliance and risk management tools created by TRM Labs, a blockchain intelligence provider. FTX US, the US division of FTX, has reportedly integrated TRM’s Transaction Monitoring and Forensics tools… Read More

November 5, 2021 @ 5:27 pm By Tony Zerucha  |  

Blockchain oracle provider Chainlink this week crossed $75 billion in total value secured (TVS). “Crossing $75 billion in total value secured makes the Chainlink network one of the most value securing forms of decentralized consensus on the planet,” said co-founder Sergey Nazarov. “(Our) networks are… Read More

November 5, 2021 @ 3:41 pm By Omar Faridi  |  

Montis Digital, the Archax subsidiary that’s mainly focused on creating digitally-native post-trade infrastructure, has announced the expansion of its senior management team, with the appointment of Steve Higgins and David Gest. Steve Higgins is reportedly joining the Montis team as Head of Operations. He will… Read More

November 5, 2021 @ 3:37 pm By Tony Zerucha  |  

hashport looks to improve decentralized network interoperability through several methods when it launches Nov. 9. The company said it achieves this balance by eliminating the need for a native network token, acting as a decentralized public utility, while harnessing the power of the Hedera Consensus… Read More

November 5, 2021 @ 3:31 pm By Tony Zerucha  |  

Blockchain-based derivatives trading platform CloseCross has switched from Ethereum to Polygon, the company announced this week By switching to Polygon, a protocol and framework for building and connecting Ethereum-compatible blockchain networks, the MIFID-licensed platform said it is able to reduce costs for users by up… Read More

November 5, 2021 @ 12:20 pm By Omar Faridi  |  

PDX Coin has announced that it is developing an international virtual banking platform for the crypto-economy that will provide retail crypto-to-fiat payment capability. As mentioned in a release, the high-speed, bank-friendly payment platform aims to offer “a modern alternative to the traditional 70-year-old bank payments… Read More

November 5, 2021 @ 11:01 am By JD Alois  |  

Tokeny, a digital asset platform that supports tokenization and digital securities, has aided in the migration of Enegra from Ethereum to Polygon blockchain. Enegra is a commodities trading firm with approximately $28 billion in net asset value (NAV). Enegra Group Ltd, incorporated in Malaysia, enables… Read More

November 5, 2021 @ 8:25 am By Omar Faridi  |  

Decentralized database provider Bluzelle is introducing its file storage solution on mainnet, offering a simple to use and resilient solution for “saving immutable files on decentralized storage,” according to an update shared with CI. The solution is targeted for non-fungible token or NFT platforms, where… Read More

November 4, 2021 @ 10:20 pm By Omar Faridi  |  

Thailand’s Siam Commercial Bank (BKK: SCB) revealed that it has acquired a 51% controlling interest in crypto exchange Bitkub for $537 million. As mentioned in the announcement, the acquisition has been finalized with assistance from SCBX. The details were confirmed in October 2021 and Bitkub… Read More

November 4, 2021 @ 9:20 pm By Tony Zerucha  |  

Lynx Global has partnered with cryptoasset custody and trading solutions provider Copper.co to improve financial inclusion to the underserved population in Southeast Asia. The process begins with the digital hotbed of the Philippines. Under this association, Copper.co will provide custody and complete institutional cryptoasset trading… Read More

November 4, 2021 @ 9:01 pm By Omar Faridi  |  

Saudi British Bank (SABB) has announced the launch of its Instant Cross-Border Transfer Service for the United States Corridor via the blockchain payment tech powered by Ripple. The launch of this service was confirmed during the fifth edition of “The Future Investment Initiative Institute” led… Read More

November 4, 2021 @ 7:45 pm By Tony Zerucha  |  

The TokenPocket app was removed from the App Store this week due to what appears to be a disagreement between the company and payments giant PayPal. In a statement on its website dated Nov. 4, TokenPocket said its app was removed from the App Store… Read More

November 4, 2021 @ 6:25 pm By Tony Zerucha  |  

TradeStation Group, an online broker, announced today it is going public through a SPAC with the Quantum Fintech Acquisition Corporation. The new company will list on the NYSE under the symbol QFTA after the transaction closes some time in the first half of 2022. It… Read More

November 4, 2021 @ 5:47 pm By JD Alois  |  

Investment crowdfunding platform Republic is on a roll. After launching in 2016 as a funding portal providing access to capital to early-stage firms under Reg CF, Republic is now catering to both accredited and non-accredited investors while managing a growing number of investment verticals and… Read More

November 4, 2021 @ 11:17 am By JD Alois  |  

Deputy Secretary of the Treasury Wally Adeyemo delivered a presentation today at the LINKS Conference by Chainalysis. Adeyemo outlined the risk and concerns that policymakers have when dealing with the burgeoning digital asset or cryptocurrency markets. While voicing his opinion on these risks, Adeyemo did… Read More

November 4, 2021 @ 11:03 am By JD Alois  |  

Exodus Movement (tZEROATS:EXOD), a digital asset firm that issued shares under Reg A+ hitting the $75 million funding cap, says it will repurchase up to $2 million of its shares at a per-share price of up to $55. Currently, shares trade at $21 – rising… Read More

November 4, 2021 @ 10:47 am By JD Alois  |  

CryptoCompare has received the approval of the UK Financial Conduct  Authority (FCA) to act as a Benchmark Administrator. The company notes that it is only the second crypto-based firm to garner this approval. A Benchmark Administrator is an entity that has the authorization to carry… Read More