Blockchain & Digital Assets

July 22, 2021 @ 9:53 pm By Omar Faridi  |  

Provenance is a Cosmos-powered blockchain whose goal is to create a “vibrant” ecosystem of decentralized financial (DeFi) services for a variety of financial institutions such as asset originators, fund managers, servicers, banks, and investors. The Proof of Stake (PoS) blockchain is “distinguished by three elements:… Read More

July 22, 2021 @ 8:15 pm By Omar Faridi  |  

This April, over 34,000 CoinList users reportedly bought $33M in Casper (CSPR) tokens during the Casper Token Sale that was carried out on the digital asset platform. The CoinList team noted in a recent update that they are humbled by “the size and commitment of… Read More

July 22, 2021 @ 7:09 pm By Tony Zerucha  |  

dollarVenture studio Thesis has completed a $21 million Series A round. Participants include ParaFi Capital, Nascent, Fenbushi Capital, Polychain Capital, and Draper Associates along with Kain Warwick, James Prestwich, Viktor and Lisa Bunin, and Josh Cincinnati. Founded in 2014, Thesis’ portfolio includes Fold, Keep, Saddle… Read More

July 22, 2021 @ 3:21 pm By Tony Zerucha  |  

Bitcoin will return to its previous highs before 2022 thanks in part to more muted support from notable advocates like Elon Musk, Jack Dorsey and Cathie Wood, deVere Group CEO Nigel Green believes. At the July 20 B Word Conference, Musk, Dorsey, and Wood reportedly… Read More

July 22, 2021 @ 12:42 pm By Tony Zerucha  |  

More than half of crypto investors expect the cryptocurrency trading boom still has legs, research from blockchain-based derivatives trading platform CloseCross shows. The company surveyed global investors responsible for approximately $380 billion of assets under management. Of the 57 per cent who believe the level… Read More

July 22, 2021 @ 12:30 pm By JD Alois  |  

  Next week, the House Committee on Financial Services will hold a hearing on Central Bank Digital Currencies (CBDCs). This is not the first Congressional hearing on CBDCs, nor will it be the last. The concept of a digital dollar, issued by a central bank,… Read More

July 22, 2021 @ 11:19 am By JD Alois  |  

This past week, Securities and Exchange Commission Chairman Gary Gensler addressed the American Bar Association’s Derivatives and Futures Law Committee. Included in prepared remarks was a warning to crypto exchanges and their digital offerings. While most US-based crypto marketplaces have learned that adhering to securities… Read More

July 22, 2021 @ 10:47 am By JD Alois  |  

Natwest is the next shoe to drop in the ongoing purge of transfers to Binance, according to a report by Yahoo. Recently, Santander and Barclays issued statements that they would no longer facilitate transfers from UK customers to the Binance platform. This all stems from a… Read More

July 21, 2021 @ 9:08 pm By Tony Zerucha  |  

More than half (54 percent) of panelists in Finder’s latest Bitcoin Price Predictions Report believe Bitcoin will overtake fiat as the dominant form of global finance by 2050, with 29 percent believing it will happen by 2035. While Bitcoin’s value is predicted to drop to… Read More

July 21, 2021 @ 4:18 pm By Tony Zerucha  |  

Ripple better up its game if it wants to stay top of mind when it comes to settlement systems, the CEO of tokenization platform STASIS warns. STASIS is a tokenization platform, including smart contract creation, that claims deep expertise in the current regulatory environment. It… Read More

July 21, 2021 @ 3:41 pm By Tony Zerucha  |  

Canadian blockchain tech company Helix Applications has completed its acquisition of GlobalBlock Limited. GlobalBlock is now a wholly-owned operating subsidiary. Based in the United Kingdom, GlobalBlock is a digital asset broker offering a personalized telephone broking service, trading platform, and mobile app. It has been… Read More

July 21, 2021 @ 10:31 am By JD Alois  |  

Upgrade, an online lender, has announced the launch of the Upgrade Bitcoin Rewards Card a new version of Upgrade Card featuring Bitcoin rewards. Under Upgrade’s new program, users may earn unlimited 1.5% Bitcoin rewards on every purchase as they make payments.  The custody and trading… Read More

July 21, 2021 @ 10:17 am By Omar Faridi  |  

Seven in 10 institutional investors are now expecting to purchase or invest in digital assets in the future, and over 90% of those interested in these financial instruments expect to have an allocation in their institution’s or clients’ portfolios “within the next five years.” This,… Read More

July 21, 2021 @ 3:42 am By Omar Faridi  |  

UK-based Fintech firm Modulr reveals that they’ve managed to secure their Visa Ready certification, which supports customers in selecting the “best of breed payment solutions” that meet Visa’s international standards. As noted in an update from Modulr, the extended collaboration with Visa will help with… Read More

July 21, 2021 @ 1:35 am By Omar Faridi  |  

Crypto.com is introducing the new testnet of Cronos, the Crypto.org Ethereum Virtual Machine or EVM chain, today on July 20, 2021. As noted in an update shared with CI, Cronos is the EVM chain that is running in parallel to the Crypto.org Chain. It has… Read More

July 21, 2021 @ 12:44 am By Omar Faridi  |  

The team at BitOoda, a global digital asset financial technology & services platform providing next-gen risk management solutions, best-execution brokerage & expert market analysis, has released their Weekly Hash Report, dated July, 19 2021. As noted in the report from BitOoda, hashrate or the amount of… Read More

July 21, 2021 @ 12:21 am By Tony Zerucha  |  

Digital asset trading platform BitMart is integrating with the Polygon network and supporting its ecosystem. While in the past BitMart only supported MATIC ERC-20 token payments, this new integration allows all BitMart users to transfer funds directly to the Polygon PoS network more efficiently. Polygon is… Read More

July 20, 2021 @ 11:01 pm By Omar Faridi  |  

Enjin has reportedly joined the United Nations Global Compact in order to promote sustainability and equality. Enjin says that it is committed to the UN Global Compact corporate responsibility initiative and its principles “in the areas of human rights, labor, the environment and anti-corruption.” Enjin,… Read More

July 20, 2021 @ 9:47 pm By Tony Zerucha  |  

NFT collectibles and luxury goods marketplace 4K has announced a seed raise of $3 million led by Electric Capital, Crosscut Ventures, Collab+Currency, ConsenSys, and IDEO CoLab. The funding will go to improving the StockX marketplace. Customers send their collectible to 4K, which authenticates, insures and… Read More

July 20, 2021 @ 9:27 pm By Tony Zerucha  |  

Decentralized capital market AllianceBlock has launched the mainnet of AllianceBridge with initial support for Ethereum, Binance Smart Chain, Avalanche, and Polygon. There are plans to extend to Ethereum Virtual Machine-compatible blockchains and non-EVM networks. AllianceBlock aims to provide regulated financial entities around the globe with… Read More