Blockchain & Digital Assets

October 22, 2021 @ 9:19 pm By Omar Faridi  |  

XanPool, a payments infrastructure developer that operates in more than 13 countries in the Asia Pacific region, has acquired $27 million in capital via a Series A round that was led by Valar Ventures, along with contributions from investors such as CMT Digital, as well… Read More

October 22, 2021 @ 2:55 pm By Tony Zerucha  |  

Enterprise-focused blockchain platform Cypherium and Boston Consulting Group (BCG) this week released a joint white paper suggesting banks should potentially embrace crypto payments amid the emergence of central bank digital currencies (CBDCs) and evolving competition from big tech companies. With other private-sector payment solutions are ready to take on… Read More

October 22, 2021 @ 11:02 am By JD Alois  |  

Binance Labs, the VC and incubator of Binance, has invested in Melos Studio, a Web 3.0 music NFT platform as the NFT market expands. Binance Labs is expected to provide Melos Studio with technology, consultation, and incubation services. Melos Studio will contribute to Binance ecosystem… Read More

October 21, 2021 @ 10:36 pm By Omar Faridi  |  

The team at Fintech firm Ripple is pleased to confirm that UAE-headquartered foreign exchange and worldwide money transfer firm, Al Ansari Exchange has joined RippleNet. Via RippleNet Cloud, which is Ripple’s international Cloud-powered financial network tech, Al Ansari Exchange will be connecting with major money… Read More

October 21, 2021 @ 4:40 pm By JD Alois  |  

The Financial Action Task Force (FATF) has “advanced its core work on virtual assets, beneficial ownership transparency, and illicit finance risks,” according to a public statement. The FATF has approved for publication an updated version of its Guidance on a Risk-Based Approach to Virtual Assets… Read More

October 21, 2021 @ 4:22 pm By Omar Faridi  |  

Gaia EverWorld, an immersive, multi-region fantasy world where players create their own kingdoms, has acquired $3.7 million in capital from well-known blockchain industry investors through a private sale. Inspired by classic games like Pokeman, Clash of Clans, and Age of Empires, Gaia EverWorld aims to… Read More

October 21, 2021 @ 2:33 pm By Omar Faridi  |  

Cboe Global Markets, Inc. (Cboe: CBOE), a provider of international market infrastructure and tradable products, has entered into an agreement to acquire Eris Digital Holdings, LLC (ErisX). ErisX operates a US-headquartered digital asset spot market, a regulated futures exchange and a regulated clearing house. Ownership… Read More

October 21, 2021 @ 12:37 pm By JD Alois  |  

This week the New York Attorney General announced that it has demanded two crypto firms halt their lending programs. Additionally, the AG said it had commenced an investigation into three other firms. All of this was predicated on the statement that interest generated from crypto… Read More

October 21, 2021 @ 12:09 pm By Omar Faridi  |  

Lukka, an enterprise crypto-asset data and software solution provider, has acquired Blox Finance, the digital currency accounting, tracking and management software subsidiary of Blox, an ETH staking and decentralized infrastructure provider. According to a release, Lukka has purchased Blox blockchain node infrastructure and intellectual property…. Read More

October 21, 2021 @ 12:06 pm By JD Alois  |  

Formerly known as Libra and then Diem, Facebook’s (NASD:FB) scaled-back entrance into the digital currency sector has announced the firm’s Novi digital wallet pilot program is rolling out – starting with Guatemala and the United States. The pilot is designed to confirm operational readiness as… Read More

October 21, 2021 @ 11:33 am By Omar Faridi  |  

Zilliqa, the high-performance, high-security blockchain platform, has announced the appointment of software tech industry executive Dr. Ben Livshits as CEO, effective 11 October 2021. Dr. Livshits has spent over 20 years at pioneering tech firms that have shaped the internet as we know it today… Read More

October 21, 2021 @ 9:43 am By JD Alois  |  

FTX Trading, a fast-growing digital asset platform, has raised $425 million in a Series B-1 at a $25 billion valuation according to a company release. 69 investors participated in the round which included Ontario Teachers’ Pension Plan Board, via its Teachers’ Innovation Platform, Temasek, Sequoia Capital,… Read More

October 20, 2021 @ 10:52 pm By JD Alois  |  

The Commodity Futures Trading Commission (CFTC) has filed a civil enforcement action against Alejandro Tinoco, and his company, Kikit & Mess Investments, LLC. The CFTC alleges ongoing fraud in a FOREX, crypto scam. The  CFTC complaint alleges that from at least September 2020 to the… Read More

October 20, 2021 @ 10:46 pm By JD Alois  |  

PIMCO is one of the largest asset managers in the world. As of June, PIMCO manages $2.20 trillion in assets, including $1.68 trillion in third-party client assets.PIMCO manages assets for central banks, sovereign wealth funds, pension funds, corporations, individual investors and more. Its diversified approach… Read More

October 20, 2021 @ 8:15 pm By Omar Faridi  |  

We recently caught up with Tim Glover, Co-founder of Chronicle, an NFT marketplace, and studio that is committed to delivering eco-friendly NFTs of popular brands’ collectibles to their fans. In this conversation, Tim explored the problems that Chronicle is aiming to solve in the nascent… Read More

October 20, 2021 @ 3:21 pm By Omar Faridi  |  

Elliptic, the international leader in crypto-asset risk management, announced the appointment of two senior management professionals to its executive team in a move that will aim to strengthen the firm’s products and services offering following its $60 million Series C round. Safiya Karsan has been… Read More

October 20, 2021 @ 3:13 pm By Omar Faridi  |  

MODA DAO, a decentralized autonomous organization (DAO) created to bridge the legacy music industry into the latest Web 3.0 entertainment world, announced that they’ve acquired $5 million via a private sale of their MODA token, with musicians Joel Zimmerman (deadmau5) and Richie Hawtin joining the… Read More

October 20, 2021 @ 12:16 pm By JD Alois  |  

Short-seller Hindenburg Research has initiated the Hindenburg Tether Bounty Program as it seeks information “undisclosed details” on the backing of Tether (USDT). Tether is the most popular stablecoin with a market cap of around $70 billion. Tether is a dollar based stablecoin that is ostensibly… Read More

October 20, 2021 @ 11:59 am By Omar Faridi  |  

Atlas Technology Group LLC, a leader in the digital asset space and one of the largest ASIC mining firms; and Compute North, a company focused on mining infrastructure, have announced a new hosting service agreement under which Compute North will offer more than  100MW colocation… Read More

October 20, 2021 @ 11:54 am By JD Alois  |  

tZERO, a digital asset trading and support platform, has announced that it has received approval to settle and clear securities for itself as well as its broker-dealer affiliates, according to a note from the company. It will also support NMS securities, which are public securities… Read More