Blockchain & Digital Assets

July 27, 2021 @ 12:44 pm By JD Alois  |  

The Senate Banking Committee held a hearing today on cryptocurrency aptly titled Cryptocurrencies: What are they good for? And as one may anticipate, the questions and support of digital asset innovation largely fell along party lines. For the witnesses, there were representatives from Coin Center, Filecoin,… Read More

July 27, 2021 @ 12:04 pm By Omar Faridi  |  

We recently connected with Fernando Martinelli, the Co-founder and CEO at Balancer Labs, which supports the ongoing development of Balancer, an automated portfolio manager and digital asset liquidity provider. As covered in May 2021, Balancer Version 2.0, the “most flexible” and efficient automated market maker… Read More

July 27, 2021 @ 11:00 am By JD Alois  |  

BlockQuake has announced its long-anticipated official launch. The crypto exchange has taken a regulatory compliance first approach learning from the early innovators to create a “gold standard” digital asset trading platform. BlockQuake states that it seeks to differentiate its service by aiming to give users… Read More

July 27, 2021 @ 10:43 am By JD Alois  |  

Fireblocks, an enterprise-grade platform providing an infrastructure for digital assets, has raised a $310 million Series D funding round at a huge $2 billion valuation. The funding was led by Sequoia Capital, Stripes, Spark Capital, Coatue, DRW VC  and SCB 10X, Siam Commercial Bank, along… Read More

July 27, 2021 @ 8:24 am By JD Alois  |  

The US Senate Banking Committee will hold a hearing later this morning entitled Cryptocurrencies: What are they good for? The individuals testifying in front of the Committee include: Professor Angela Walch, Professor of Law, St. Mary’s University School of Law, Research Associate, UCL Centre for… Read More

July 27, 2021 @ 7:34 am By Omar Faridi  |  

Giant Wall Street investment bank Goldman Sachs (NYSE:GS) has reportedly submitted an application with the US Securities and Exchange Commission (SEC) for an exchange-traded fund (ETF) that could provide exposure decentralized finance (DeFi) and blockchain initiatives to public firms. Although there are not too many… Read More

July 27, 2021 @ 12:50 am By Omar Faridi  |  

The team at Blockstream, which claims to be the global leader in Bitcoin and blockchain tech, notes that they’re pleased to introduce Greenlight, which is their latest Lightning Network (LN) service. Blockstream, which aims to make financial markets more efficient by reducing reliance on trust… Read More

July 26, 2021 @ 8:23 pm By Omar Faridi  |  

C.R.E.A.M. Finance, a decentralized lending protocol, has revealed that it will be “the first” protocol in the decentralized finance (DeFi) space to provide a Euro-backed stablecoin in, “with the addition of Tether tokens pegged to the euro (EURt).” Paolo Ardoino, CTO at Tether Operations Limited,… Read More

July 26, 2021 @ 6:13 pm By Omar Faridi  |  

Cyprus-regulated digital assets hedge fund ARK36 announced that it is appointing Loukas Lagoudis to serve as Executive Director and Socrates Minas as Investor Relations Manager in order to strengthen its Cyprus investment division. According to a note shared with Crowdfund Insider, Loukas Lagoudis will be… Read More

July 26, 2021 @ 4:29 pm By JD Alois  |  

Bitcoin is once again surging after tumbling below $30,000 last week. Today, Bitcoin is bouncing around $40,000 – a pretty dramatic shift in price. At the beginning of 2021, Bitcoin traded at just shy of $30,000 so last week BTC retraced all of the years’… Read More

July 26, 2021 @ 3:52 pm By JD Alois  |  

Jeff Dorman, Chief Investment Officer at Arca, has distributed a statement criticizing the lack of transparency in digital asset offerings. Arca is a digital asset firm that offers institutional-grade financial services in the digital asset sector. In January, Dorman predicted that more attention would be… Read More

July 26, 2021 @ 11:50 am By JD Alois  |  

Securitize has announced two yield funds one for Bitcoin and the other for USDC. The funds are managed by Securitize’s subsidiary, Securitize Capital, LLC, and offered through Securitize Markets, LLC, which is an SEC-registered broker-dealer. According to a release, the fund is recorded on the… Read More

July 26, 2021 @ 11:14 am By JD Alois  |  

US Senator Gary Peters, Chair of the Senate Homeland Security and Governmental Affairs Committee, has initiated bipartisan legislation targeting cybersecurity threats including the usage of cryptocurrency and payment of ransom. The bill,  the DHS Industrial Control Systems Capabilities Enhancement Act, would require the Cybersecurity and… Read More

July 26, 2021 @ 11:00 am By JD Alois  |  

A recent survey indicates that a whopping 43% of Singaporeans own crypto and 46% plan on purchasing digital assets within the next 12 months. The study conducted by the Independent Reserve Cryptocurrency Index (ICRI) polled 1000 individuals in 2021. This is the first time ICRI… Read More

July 26, 2021 @ 9:49 am By JD Alois  |  

Tether, the largest stablecoin by market cap, is said to be a target of a criminal investigation in the US. According to a report in Bloomberg, the US Department of Justice is investigating whether, or not, executives committed bank fraud. Rumblings have long swirled around… Read More

July 26, 2021 @ 8:50 am By Omar Faridi  |  

As Bitcoin prices rally higher, more than 2.1 million $BTC have now “returned to profitability based on their realized price,” according to an update from Glassnode. According to Glassnode, this indicates that 11.2% of the circulating Bitcoin supply has an “on-chain cost basis between $29k… Read More

July 25, 2021 @ 9:12 pm By Omar Faridi  |  

Digital assets firm Gemini announced earlier this week that they’re supporting Tez or XTZ, the native token of the Tezos ecosystem, which is one of the longest-running Proof of Stake or PoS blockchain networks. XTZ is currently available for trading and you may also now… Read More

July 25, 2021 @ 8:09 pm By Omar Faridi  |  

The team at digital assets firm Kraken has revealed that cryptocurrency savings accounts are quickly becoming an “attractive option over traditional savings accounts.” As interest rates continue to decline – sometimes going negative at European banks and other jurisdictions – consumers are increasingly looking for… Read More

July 25, 2021 @ 7:58 pm By Omar Faridi  |  

SIX, the Swiss Stock Exchange which is Europe’s 3rd-largest stock exchange and one the industry’s most-respected post-trade providers, is reporting a “solid” set of results for the first half of 2021. The SIX Swiss Exchange, based in Zurich and serving as Switzerland’s principal stock exchange,… Read More

July 25, 2021 @ 5:25 pm By JD Alois  |  

The UK Financial Conduct Authority (FCA) has issued a warning regarding CoinBurp and the pending issuance of the $Burp Token. CoinBurp states that it currently operates a CeFi platform, but they are developing an ETH-based DeFi wallet. While the name alone may cause some potential… Read More