Blockchain & Digital Assets

August 9, 2021 @ 12:23 pm By JD Alois  |  

A new amendment has been crafted by both sides regarding crypto and inclusion in the infrastructure legislation. As has been reported previously, the initial language in the legislation was deemed “unworkable” and hammered by the digital asset industry as “disastrous.” Soon a fix was in… Read More

August 9, 2021 @ 11:45 am By JD Alois  |  

SEC Commissioner Hester Peirce, long a supporter of Fintech innovation, has issued a statement in the wake of the enforcement action taken by the Commission against Poloniex, a crypto exchange. As was reported earlier today, Poloniex has settled the SEC’s allegations of operating an unlicensed… Read More

August 9, 2021 @ 11:26 am By Omar Faridi  |  

In April of last year, China had started testing out the the virtual yuan, becoming one of the first world governments to issue a Central Bank Digital Currency (CBDC). CBDCs like the virtual renminbi are government-issued, blockchain or distributed ledger tech (DLT)-enabled versions of a… Read More

August 9, 2021 @ 9:58 am By Omar Faridi  |  

The team at Security Token Market (STM), the world’s security token information source, has published July 2021’s edition of the Security Token Market Real Estate report. As you may notice, there’s a new structure for STM’s monthly real estate analysis report. In the past, this… Read More

August 9, 2021 @ 9:17 am By JD Alois  |  

In what may be the first of many, the Securities and Exchange Commission has announced charges against Poloniex for operating an unregistered digital asset exchange. Poloniex has settled with the SEC by agreeing to pay a $10.4 million penalty. Poloniex settled without admitting or denying… Read More

August 8, 2021 @ 5:24 pm By Omar Faridi  |  

Bakkt Holdings, LLC, the digital asset marketplace that’s behind the Bakkt App, revealed earlier this week that it has partnered with Quiznos, a national quick-service restaurant (QSR), in order to offer its first physical location pilot “enabling Quiznos customers to pay with bitcoin at select… Read More

August 8, 2021 @ 12:33 pm By Omar Faridi  |  

The team at Hedera Hashgraph has shared an update on their plans to go Carbon negative. The Hedera Hashgraph team notes that public blockchain and distributed ledger technologies (DLT) have “ushered in a new era of the web.” We now have the infrastructure required to… Read More

August 7, 2021 @ 2:28 pm By Omar Faridi  |  

Digital assets firm Coinbase (NASDAQ: COIN) announced that it’s funding scholarships in India for the Dapp Ethereum Bootcamp, which has reportedly been founded by a former Coinbase engineer. Coinbase confirmed that it will be covering 90% of costs “for 10 talented individuals to attend inaugural… Read More

August 7, 2021 @ 1:15 pm By Xu Gao  |  

Shanghai Taxis Began to Accept Digital RMB Payments Shanghai Qiangsheng Taxi Company has equipped its 6000 clean energy taxis with digital RMB payment capability. Customers could hail these taxis on 62580 APP. When they arrive at their destination, they could scan the QR code on… Read More

August 7, 2021 @ 11:27 am By Omar Faridi  |  

Spencer Noon, an investor in Variant, a first-check cryptocurrency venture capital fund, has released their latest Network report, which covers Axie Infinity, NFT Bots, and Mirror. Spencer Noon notes in their weekly update that Axie Infinity has “steadily” seen about 25,000 daily users “with on-chain transactions”… Read More

August 7, 2021 @ 10:57 am By Omar Faridi  |  

The team at Blockchain.com, a leading crypto wallet provider, trading platform, and block explorer service, has shared their August Market Outlook report, titled, The Final Crypto Adoption Frontier. Bitcoin or BTC adoption as an investment asset began with what is “often characterized as ‘retail’ (smaller… Read More

August 7, 2021 @ 8:05 am By JD Alois  |  

Former acting Comptroller of the Currency Brian Brooks has announced his exit as CEO of Binance.US. Brooks has only been the Chief Executive of Binance.US since April 2021. Binance.us is a subsidiary of Binance – the largest cryptocurrency exchange in the world. At the time… Read More

August 6, 2021 @ 6:10 pm By JD Alois  |  

Following the kerfuffle regarding the infrastructure bill’s inclusion of a broad definition of brokers in regards to digital assets, the blockchain industry joined in roundly criticizing the language as being extreme to the point of undermining crypto innovation. Soon, several Senators partnered to create a… Read More

August 6, 2021 @ 5:32 pm By Tony Zerucha  |  

Phantom, a multi-chain crypto wallet and browser extension for managing digital assets and accessing Web3 dApps, now offers staking for Solana’s native token, SOL. SOL holders can stake with all available Solana validators directly through the Phantom wallet interface. On Solana’s proof-of-stake network, validators are… Read More

August 6, 2021 @ 3:12 pm By Tony Zerucha  |  

The new Avalanche Bridge provides a better user experience than its predecessor, its creator believes. It replaces the Avalanche-Ethereum Bridge that launched in February The Avalanche Bridge is estimated to be five times cheaper than the Avalanche-Ethereum Bridge. It was built using Intel SGX Enclave… Read More

August 6, 2021 @ 3:02 pm By JD Alois  |  

Infrastructure used to mean roads, airports, bridges, etc. Today, infrastructure, as defined by our elected representatives, means oh so much more. The massive spending bill being foisted upon the populace by Congress is still being dissected but one area that it may impact is digital… Read More

August 6, 2021 @ 2:41 pm By Tony Zerucha  |  

Digital asset trading platform BitMart has integrated with the NEAR Protocol. The move will  provide opportunities for developers to more easily build applications and grow the overall blockchain ecosystem. NEAR, the native token from NEAR Protocol, listed on BitMart July 22 Built atop a public… Read More

August 6, 2021 @ 11:18 am By Omar Faridi  |  

Celsius has secured the backend pricing of crypto-assets using Chainlink, which is considered a major leap in CeFi “decentralization.” As stated in the update from Celsius: “In one of the most ambitious moves towards decentralization, Celsius is now leveraging the industry-leading Chainlink Price Feeds to… Read More

August 6, 2021 @ 11:00 am By Omar Faridi  |  

We recently caught up with Chris Gonsalves, CEO at Community Gaming, a platform that combines social gaming, match automation, and blockchain payment technology to make organizing and competing in esports tournaments simple. Chris talked about how Community Gaming allows players to earn crypto and USD… Read More

August 6, 2021 @ 10:03 am By JD Alois  |  

The Securities and Exchange Commission (SEC) has announced charges against DeFi lender Blockchain Credit Partners alleging the offering of unregistered securities raising $30 million. This is the first DeFi case filed by the SEC. The complaint indicates that respondents have each submitted an Offer of… Read More