Blockchain & Digital Assets

July 20, 2021 @ 7:00 pm By JD Alois  |  

  In 2018, BOX Digital Markets and tZERO entered into a joint venture that was predicted to become the world’s first regulated exchange for trading security tokens.  At the time of the announcement, it was reported that tZERO would manage the tech stack, maintenance, and… Read More

July 20, 2021 @ 6:58 pm By Priyanka Pani  |  

NFT auction marketplace OpenSea is now a Unicorn. The platform that witnessed massive traction earlier this year raised $100 million in a Series B round led by Andreessen Horowitz at $1.5 billion, as per a TechCrunch report. The startup, which raised $23 million in Series… Read More

July 20, 2021 @ 5:24 pm By Tony Zerucha  |  

Canadian VC firm ThreeD Capital, which invests in junior resources and disruptive technologies, has invested $400,000 in DeFi Yield Technologies, developers of a proprietary automated yield engine for decentralized finance that leverages different DeFi protocols and strategies to increase diversification, maximize yield, while minimizing exposure… Read More

July 20, 2021 @ 5:21 pm By Tony Zerucha  |  

A judge’s decision to depose former Securities and Exchange Commission director William Hinman in the case of the SEC vs, Ripple Labs has the cryptocurrency industry talking, so now is a good time to revisit Hinman’s comments as a refresher. Hinman made the comments at… Read More

July 20, 2021 @ 4:57 pm By JD Alois  |  

CoinFund says it has closed on its 3rd VC fund in an oversubscribed offering that raised $83 million, according to a note from the company. CoinFund stated that the raise was backed by Venrock partners as well as a number of other institutional investors and… Read More

July 20, 2021 @ 4:46 pm By Tony Zerucha  |  

Don’t say she didn’t warn you, GlobalBlock sales trader Alexandra Clark said in her latest research notes. As Bitcoin continued plummeting, contributing to the downward spiral was the lacklustre performance of crypto stock Galaxy Digital Holdings, which shed 63 percent of its value from its… Read More

July 20, 2021 @ 2:35 pm By JD Alois  |  

Prime Trust has received ISO/IEC 27001:2013 designation, certifying that the company meets the financial industry’s most stringent information security management standards. Prime Trust is an infrastructure Fintech that provides compliant services such as custody, settlement and a growing number of APIs to facilitate innovative financial… Read More

July 20, 2021 @ 2:26 pm By JD Alois  |  

Fast-growing crypto exchange FTX has raised $900 million in funding at an $18 billion valuation according to multiple reports. Investors in the company include SoftBank, Sequoia Capital, and Third Point. According to WSJ.com, other investors included Israel Englander, Alan Howard; the family of Paul Tudor… Read More

July 20, 2021 @ 11:27 am By Omar Faridi  |  

James Butterfill, Investment Strategist at London-based CoinShares, a digital asset manager focused on expanding access to the cryptocurrency ecosystem while serving as a “trusted partner” for its clients, notes in a blog post published on Monday (July 19) that for the week ending July 19,… Read More

July 20, 2021 @ 11:05 am By JD Alois  |  

The European Commission has updated the European Union’s anti-money laundering and countering terrorism financing (AML/CFT) rules. Included in the new policy is a requirement that anonymous crypto asset wallets will be prohibited. Along with the new policy on AML/CFT is the creation of a new… Read More

July 20, 2021 @ 10:47 am By Xu Gao  |  

Alibaba Establishes Digital Agricultural Subsidiary According to information from Tianyancha, Alibaba Digital Agriculture (Shandong) Co., Ltd. was established on July 12th, with a registered capital of 10 million yuan. This company is a fully owned subsidiary of Alibaba (Shanghai) Co., Ltd. Its business scope includes… Read More

July 20, 2021 @ 10:23 am By JD Alois  |  

Yesterday, the U.S. Presidents Working Group (PWG) on Financial Markets met to discuss stablecoins with an expectation of a recommendation in the coming months. The meeting was convened by the Secretary of the Treasury Janet L. Yellen. According to a readout distributed by Treasury, during… Read More

July 20, 2021 @ 6:00 am By JD Alois  |  

Coinsquare, a cryptocurrency trading platform, has announced a new CEO.  Former Tradelogiq executive Martin Piszel will succeed Stacey Hoisak who will assume a new role as President and Chief Legal Officer. Piszel will also join the Coinsquare Board of Directors. Based in Toronto, Coinsquare is registered… Read More

July 20, 2021 @ 1:17 am By Priyanka Pani  |  

In a strange turn of events that could negatively impact the crypto sector, two well-known founders and critical architects from the industry have called quits. In four days, Jackson Palmer, co-founder of cryptocurrency Dogecoin, and Anthony Di Iorio, co-founder of Etheruem have decided to quit… Read More

July 19, 2021 @ 10:47 pm By Omar Faridi  |  

Compass Mining, an online marketplace for Bitcoin mining hardware and hosting, recently revealed that it has launched a real-time status updates page for cryptocurrency miners in order to monitor the uptime of Compass hosting facilities across the globe. As noted in an update from Compass,… Read More

July 19, 2021 @ 9:19 pm By Omar Faridi  |  

Fuse Network, a blockchain or DLT infrastructure supporting mobile payments, reveals that it has teamed up with ICHI in order to empower any community to “fully control its own money.” As mentioned in an update shared with CI: “Fuse Network has grown quickly by lowering… Read More

July 19, 2021 @ 6:14 pm By Omar Faridi  |  

The team at global Fintech Circle, which will go public in a $4.5 billion SPAC deal, notes that the promise of decentralized finance (DeFi) is to transform or fundamentally improve financial services by offering greater transparency, security, and community governance by leveraging blockchain or distributed… Read More

July 19, 2021 @ 4:06 pm By JD Alois  |  

Jeff Dorman, Chief Investment Officer at Arca – an “institutional-grade” digital assets firm, threw some shade at the world’s largest stablecoin today. Dorman noted in a blog post that he is hearing that several macro and credit funds are trying to short Tether – a… Read More

July 19, 2021 @ 11:08 am By JD Alois  |  

Zodia Custody Limited, a crypto-focused firm backed by Standard Chartered, is now registered with the UK Financial Conduct Authority as a regulated crypto-asset firm. Standard Chartered partnered with Northern Trust to launch Zodia. Earlier this month, Zodia announced a new wholesale trading platform for crypto-assets…. Read More

July 19, 2021 @ 10:32 am By JD Alois  |  

Grayscale, a digital asset manager that offers crypto funds to retail investors with more than $28 billion in assets under management as of July 16, 2021, has partnered with CoinDesk on a new DeFi (Decentralized Finance) fund, according to a release. The Grayscale DeFi Fund… Read More