Blockchain & Digital Assets

July 29, 2021 @ 9:08 am By Omar Faridi  |  

Curve Finance, an automated market maker protocol developed for swapping between stablecoins and various other crypto tokens with low fees and slippage, reveals that it will be supporting Tether tokens pegged to the euro (EURt). The addition of EURt to Curve — a protocol developed… Read More

July 29, 2021 @ 8:43 am By JD Alois  |  

Fabric Ventures has announced a new $130 million fund dedicated to backing digital asset and decentralized, or DeFi, early-stage firms. The fund received the support of the European Investment Fund (EIF) which added $30 million to the fund. This is the first EIF backed fund… Read More

July 29, 2021 @ 8:05 am By Omar Faridi  |  

The team at digital bank Revolut notes that they are now closer to 2022 than 2020, so making plans for next year would be a good idea. They also mentioned that July was “generous,” bringing many new products with it, including those related to booking… Read More

July 28, 2021 @ 9:38 pm By Tony Zerucha  |  

Blockchain-based financial services provider Figure officially closed its $200 million Series D, leaving it with a $3.2 billion valuation. New investors including entities and funds associated with affiliates of Apollo Global Management, Blockchain.com, Rockaway Blockchain, HOF Capital, Endeavour Capital, National Bank Holdings, Goldentree Asset Management… Read More

July 28, 2021 @ 6:29 pm By Omar Faridi  |  

SecuX Technology Inc. is pleased to confirm the launch of new features – which include the support of WalletConnect, Binance Smart Chain (BSC) and Cardano (ADA), to be released on July 29, 2021, as well as the new user interface of the firm’s SecuXess web… Read More

July 28, 2021 @ 5:45 pm By Tony Zerucha  |  

The availability of Chainlink Price Feeds on the Avalanche mainnet will improve the quality of DeFi applications developers can create on the popular platform. The feeds bring secure price reference data from several asset classes. Some options now available are price-sensitive derivatives markets, low-cost lending… Read More

July 28, 2021 @ 3:59 pm By Tony Zerucha  |  

Developers can now provide Polygon’s USDC token via the Polygon ecosystem thanks to the use of Wyre’s Checkout API. This integration provides one of the only fiat to USDC on-ramps for customers around the world and in 43 US states, with the conversion process taking less… Read More

July 28, 2021 @ 2:31 pm By Tony Zerucha  |  

Even in the face of some high-profile opposition, cryptocurrency prices continue to rise, GlobalBlock sales trader Alexandra Clark said in her latest research note. While recent commentary from Janet Yellen and Elizabeth Warren was negative, Bitcoin reached a high north of $40,000 July 27. While… Read More

July 28, 2021 @ 1:57 pm By Omar Faridi  |  

The developers of NEO, a blockchain platform supporting an open network and smart economy, reveal that the Neo Frontier Launchpad winners were recently announced. Around two months back, the NEO team had put out a call for “trailblazers” who were “up to the challenge” of… Read More

July 28, 2021 @ 12:25 pm By Omar Faridi  |  

The team at Bullish, a tech firm focused on creating financial services for the digital assets sector (which has revealed its plans to go public on NYSE via a merger with Far Peak Acquisition Corporation (NYSE: FPAC)), says they are pleased to confirm that they’re… Read More

July 28, 2021 @ 10:14 am By JD Alois  |  

Like a lot of people and companies, Consensus is moving to Texas for 2022. The in-person blockchain-focused gathering will take place in Austin in June 2022. The Mayor of Austin, Steve Adler, commented on the addition of the event to its city’s calendar: “The future… Read More

July 28, 2021 @ 10:02 am By JD Alois  |  

Bitcoin rewards startup Lolli has closed on a $10 million Series A funding round, according to a note from the company. The funding was led by Acrew Capital with participation from Banana Capital, Up North Management, and Animal Capital. Investments included the backing from social… Read More

July 28, 2021 @ 9:46 am By Omar Faridi  |  

SEBA Bank, a FINMA licensed Swiss Bank offering a seamless, secure, and easy-to-use bridge between digital and traditional assets, has confirmed the appointment of Sam Lin to the position of CEO Asia with “immediate effect.” This appointment “demonstrates SEBA Bank’s commitment to strengthening its status… Read More

July 28, 2021 @ 9:00 am By Omar Faridi  |  

Biconomy, a multichain relayer infrastructure network and transaction platform that enables Web3.0 developers to easily build applications, has revealed that it secured $9 million in a private funding round that was led by DACM and Mechanism Capital, along with contributions from  Coinbase Ventures, Coinfund, True… Read More

July 28, 2021 @ 8:26 am By JD Alois  |  

Senator Elizabeth Warren, a member of the Senate Banking Committee, has called on the Secretary of the Treasury Janet Yellen to reign in cryptocurrency – now. In a letter sent to Yellen, Senator Warren told the Secretary to use the Financial Stability Oversight Council (FSOC)… Read More

July 28, 2021 @ 8:10 am By Tony Zerucha  |  

While some testing remains on Umbria Network’s cross-chain Narni bridge, the initial results are promising, the company said this week. Narni’s goal is to enable users to move ERC-20 tokens securely from one blockchain network to another cheaply, quickly, and easily. In testing, USDT was… Read More

July 27, 2021 @ 11:47 pm By Omar Faridi  |  

William Callahan, Director of Government & Strategic Affairs at Blockchain Intelligence Group,  has noted that Tether CTO and General Counsel had made an appearance live on CNBC last week. William has asked us whether we think the U.S. Department of Justice was watching this “slow… Read More

July 27, 2021 @ 11:19 pm By Tony Zerucha  |  

Consumers are warming to the concept of Central Bank Digital Currencies (CBDC), research from European deep tech company Guardtime shows. Guardtime surveyed people in 10 countries and found 64 per cent of people would likely use a CBDC launched in their country, with 33 per… Read More

July 27, 2021 @ 10:11 pm By Tony Zerucha  |  

Bitcoin’s recent movement around the $29,000 border could influence the cryptocurrency market through the end of the year EXANTE senior analyst Victor Argonov said. While the market drawdown has been going on for more than two months, but the June BTC low of $28,800 has… Read More

July 27, 2021 @ 3:50 pm By Tony Zerucha  |  

CoinSwap Space, a decentralized exchange on the Binance Smart Chain, now allows investors to stake their native CSS token and earn rewards in ADA, ETH, and LINK. These coins’ long-term viability should shield them from the heaviest losses, the company believes. Launched on April 30,… Read More