Blockchain & Digital Assets

June 23, 2021 @ 4:44 pm By Tony Zerucha  |  

The Ontario Securities Commission (OSC) has issued an exemption order which allows a Canadian platform to offer tokenized production financing opportunities. The decision was issued after the OSC’s LaunchPad team reviewed the proposal to ensure investors will avoid lengthy waits before monetizing their investment. Armed… Read More

June 23, 2021 @ 4:33 pm By JD Alois  |  

Founder of McAfee Antivirus and staunch crypto-advocate John McAfee was found dead in his prison cell in Barcelona, Spain earlier today according to a report in El Pais. McAfee had been arrested on charges of tax evasion along with conspiracy to commit commodities and securities… Read More

June 23, 2021 @ 3:55 pm By Omar Faridi  |  

Elliptic, the leader in crypto-asset risk management solutions, revealed on Tuesday (June 22, 2021) that it has completed a pilot with Banco Santander in identifying or detecting suspicious activity linked to digital assets. As mentioned in a release, this pilot is “helping Santander understand the… Read More

June 23, 2021 @ 3:43 pm By Tony Zerucha  |  

Swiss-based SEBA Bank, along with partners Banque Internationale à Luxembourg and LuxCSD, has successfully completed their CBDC experiment with Banque de France. The process involved completing the delivery versus payment of a listed security with TARGET2-Securities as a delivery platform in a test environment along… Read More

June 23, 2021 @ 10:57 am By Omar Faridi  |  

Diogo Mónica, Co-founder and President of Anchorage, notes that Anchorage Digital is pleased to confirm custody and staking support for Flow (FLOW). Diogo writes in a blog post, dated Tuesday (June 22, 2021), that for as long as Anchorage has existed as a company, it… Read More

June 23, 2021 @ 8:15 am By Tony Zerucha  |  

Recent Financial Conduct Authority (FCA) statements on the growth of cryptocurrency ownership among adults in the United Kingdom highlight the need to provide more support and protection for those investors Ziglu founder and CEO Mark Hipperson said. A UK-based money app, Ziglu allows users to… Read More

June 22, 2021 @ 11:11 pm By Tony Zerucha  |  

The Wanchain Foundation has fully integrated Litecoin into its cross-chain infrastructure. It joins Bitcoin, Ethereum, Wanchain, EOSIO, Binance Smart Chain, and XRP Ledger. Wanchain enables truly decentralized cross-chain transactions between isolated heterogeneous blockchain networks. The Litecoin addition allows LTC to be traded cross-chain and used… Read More

June 22, 2021 @ 10:46 pm By Tony Zerucha  |  

While Sotheby’s recent decision to accept cryptocurrency as payment for a rare diamond may seem like an inevitable progression to some, it also comes with risk, an executive from European cryptocurrency platform Nebeus said. COO and head of product Michael Stroev said the move has… Read More

June 22, 2021 @ 8:33 pm By Tony Zerucha  |  

Universal Fire & Casualty Insurance Company (UFCIC) now accepts cryptocurrency for premium payments, the company said today. UFCIC provides traditional property and casualty lines of business, including commercial property, general liability, inland marine, business owners’ policies (BOP), and commercial surety, and provides small business insurance. … Read More

June 22, 2021 @ 8:06 pm By Tony Zerucha  |  

Mobile DeFi app Donut has raised another $2 million from a group led by Redalpine. Owners of the Washington Nationals, Inventures, Entrepreneur First and Compound founder Robert Leshner also participated, with the funds allotted for user growth and product development. Donut’s total funding now sits… Read More

June 22, 2021 @ 8:03 pm By JD Alois  |  

Sotheby’s, the top global auction house, says it will accept cryptocurrency, specifically Bitcoin or Ether, as payment for an enormous diamond. The 101.38-carat pear-shaped D colour flawless diamond, said to be one of the largest of its kind to go to auction, will go under… Read More

June 22, 2021 @ 7:44 pm By Priyanka Pani  |  

In a major crackdown, the Iranian police have seized 7,000 crypto mining machines blamed for massive power outages in the country, as per its state media. The police  7,000 computer miners were seized in an abandoned factory in the west of the capital city of… Read More

June 22, 2021 @ 4:42 pm By Priyanka Pani  |  

Portugal becomes one of the first countries to officially legalize cryptocurrencies by issuing operating licenses to two exchanges operating in the segment. The Central Bank of Portugal has issued operating licenses to Criptojola and Mind The Coin as “virtual asset providers” , or VASPs, in… Read More

June 22, 2021 @ 4:18 pm By Tony Zerucha  |  

Metahero’s new 3D scanning solution for personalized avatars and virtual items provides an entry into a market currently worth $50 billion and growing That technology is blended with NFT smart contracts to create unique, ultra-HD avatars and meta-objects which can exist forever on the blockchain…. Read More

June 22, 2021 @ 4:14 pm By JD Alois  |  

Brian  Korn has been a regular suspect on the Fintech trail for years. From the early days of online lending and securities crowdfunding, to the more recent rise of digital assets, Korn has provided counsel to emerging firms seeking to benefit from the Fintech revolution…. Read More

June 22, 2021 @ 1:40 pm By Omar Faridi  |  

Switzerland-based Relai, the provider of a Bitcoin investment app, has revealed that it secured CHF 2.5 million in capital via a Series A round that was led by Swiss VC Redalpine. The funding has been acquired less than a year after the company entered the… Read More

June 22, 2021 @ 8:02 am By Omar Faridi  |  

The Swiss Federal Council, the seven-member executive council that constitutes the federal government of the Swiss Confederation and serves as the collective head of state and government of Switzerland, announced recently that the DLT Act has come “fully into force” and the agency also  issued… Read More

June 21, 2021 @ 7:35 pm By Omar Faridi  |  

Augmentum Fintech plc (LSE: AUGM), the UK’s only publicly listed investment firm that’s focused on the Fintech industry, has made a $10 million (c. £7.3 million) investment into Helsinki based Tesseract Group Oy, marking Augmentum’s first investment into Finland. As noted in a release shared… Read More

June 21, 2021 @ 2:47 pm By JD Alois  |  

Jennifer Peve, currently  Managing Director, Business Innovation at the Depository Trust & Clearing Corporation (DTCC), has been appointed as Head of Strategy and Business Development at DTCC. Peve has been leading the innovation charge at DTCC, an entity that processes over $2 quadrillion a year… Read More

June 21, 2021 @ 1:31 pm By Omar Faridi  |  

Cryptocurrency mining specialist Zack Voell notes that this month, Bitcoin mempools have been “emptying more frequently than usual” during the last 6 months. According to Voell, this short-term trend of empty mempools follows BTC’s price drop down to around $30,000 through the end of May… Read More