Blockchain & Digital Assets

June 15, 2021 @ 7:39 pm By Priyanka Pani  |  

UK-based crypto platform Ramp has raised $10.1 million in funding from California-based venture firm NFX and financial services firm Galaxy Digital along with some Fintech and crypto entrepreneurs such as Coinbase’s CTO Balaji S Srinivasan. Mozilla, Seedcamp, firstminute capital, and Fabric Ventures also participated in… Read More

June 15, 2021 @ 6:04 pm By Tony Zerucha  |  

Bitwise CEO Hunter Horsley today announced an important achievement for his crypto index fund, one that has it more than halfway to a billion-dollar valuation. In a blog post today Horsley said Bitwise has completed a $70 million Series B which values it at more… Read More

June 15, 2021 @ 3:38 pm By Tony Zerucha  |  

The recent turbulence in cryptocurrency markets has not left the majority of investors dismayed, new data from Voyager Digital suggests. Voyager anonymously surveyed 3,671 people in late May who were described as “highly active traders”, meaning they completed at least 50 trades over the previous… Read More

June 15, 2021 @ 1:58 pm By Tony Zerucha  |  

The Government Blockchain Association (GBA) has scheduled its first event in Ireland for 2 p.m. local time (8 a.m. eastern) on June 24. The topics of blockchain and identity will be discussed on Zoom. The GBA is an international nonprofit association focused on promoting blockchain… Read More

June 15, 2021 @ 11:53 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 (June 14) that for the week ending June 14,… Read More

June 15, 2021 @ 8:23 am By JD Alois  |  

INX Limited, a digital platform that provides trading for crypto and digital securities, has acquired ILS Brokers Ltd (ILSB) based in Israel. According to a company release, ILSB is an interdealer-broker with over 50 tier-1 and tier-2 global bank relationships focusing on OTC trading of… Read More

June 15, 2021 @ 4:00 am By JD Alois  |  

Crypto exchange Change is reporting having closed a £3.7 million securities crowdfunding at a post-money valuation of £175 million. According to the company’s website, investors had three options to participate in the firm: a securities offering on Funderbeam Purchase CNG tokens that gives you equity… Read More

June 15, 2021 @ 3:17 am By Omar Faridi  |  

The Basel Committee on Banking Supervision, the main international standard-setter for the prudential regulation of banks and provides a forum for regular cooperation on banking supervisory matters (with 45 members comprising central banks and bank supervisors from 28 jurisdictions), has initiated a public consultation on… Read More

June 14, 2021 @ 11:16 pm By JD Alois  |  

On June 15th, the House Financial Services Committee, Task Force on Financial Technology (Fintech) will hold a hearing on central bank digital currency (CBDCs). Entitled, Digitizing the Dollar: Investigating the Technological Infrastructure, Privacy, and Financial Inclusion Implications of Central Bank Digital Currencies, the hearing will dive… Read More

June 14, 2021 @ 11:05 pm By Omar Faridi  |  

Roxe, a global payment network, revealed on Friday (June 11, 2021) that it has officially launched  the Roxe Payment Protocol (RPP), which is described as an open, decentralized and peer-to-peer payments protocol developed to offer wholesale foreign exchange rates to individuals, payment firms, banking institutions… Read More

June 14, 2021 @ 10:47 pm By Omar Faridi  |  

BC Technology Group, a digital asset and Fintech-focused firm as well as the parent of OSL, has acquired a $70 million (appr. HKD 543.19 million) investment from Singapore’s GIC, the city-state’s sovereign wealth fund. BC Technology Group says it’s planning to further develop and improve… Read More

June 14, 2021 @ 10:37 pm By Omar Faridi  |  

Tyler Winklevoss, CEO at digital asset firm Gemini, recently noted that the company is pleased to confirm that they have completed the acquisition of Shard X, a developer of secure multi-party computation (MPC) cryptographic technology. As mentioned in the announcement, Gemini will be integrating Shard… Read More

June 14, 2021 @ 10:08 pm By Omar Faridi  |  

Digital asset firm Kraken notes that customers looking to support their “favorite” Kusama projects can now, “for the first time,” take part in Parachain Slot Auctions (or “Parachain Auctions”) directly via the Kraken platform. Kusama is described as a “scalable” network of specialized or purpose-built… Read More

June 14, 2021 @ 12:31 pm By JD Alois  |  

Following the revelation of the regulatory agenda for the Securities and Exchange Commission (SEC) under the leadership of Chair Gary Gensler, two Commissioners have issued a statement criticizing the list of rules and regulations the Commission is expected to tackle in the coming months. Additionally,… Read More

June 14, 2021 @ 10:15 am By JD Alois  |  

MicroStrategy (Nasdaq:MSTR) , an analytics software firm that has emerged as a publicly traded Bitcoin proxy, has announced the completion of a sale of $500 million in secured notes with an annual coupon of 6.125%. The notes were sold in a private placement and come… Read More

June 14, 2021 @ 8:30 am By Omar Faridi  |  

The Swiss National Bank, the Banque de France and the BIS Innovation Hub and a private sector consortium being led by Accenture will be carrying out a pilot program by using wholesale central bank digital currencies (CBDCs) for settling cross-border transfers. The private sector consortium… Read More

June 14, 2021 @ 8:30 am By Tony Zerucha  |  

With most areas of finance exploring tokenization, it was only a matter of time before somebody applied it to the courts. Swiss litigation finance fund Liti Capital is expected to soon launch the LITI token, as an asset-backed equity token. That backing comes from ongoing… Read More

June 14, 2021 @ 8:27 am By JD Alois  |  

Last week, the Securities and Exchange Commission (SEC) issued a complaint alleging that Edgar M. Radjabli, of Boca Raton, Florida, and for engaging in securities frauds that involved the offering of a digital asset – Apis Tokens. According to the SEC complaint, Radjabli – who… Read More

June 14, 2021 @ 8:13 am By Omar Faridi  |  

Amro Partners, the leading Build to Rent and PBSA investor and operator, has introduced a Venture Capital division that aims to invest in transformational Proptech and Fintech initiatives that address major pain points and promote new, customer-focused business models. Supported by a family office, Amro… Read More

June 14, 2021 @ 7:52 am By Priyanka Pani  |  

Elon Musk, CEO of Tesla Inc. (NASDAQ: TSLA), has once again tweeted concerning Bitcoin. Musk said that his company would resume accepting Bitcoins for its electric car transaction only if the cryptocurrency is mined using renewable energy. Musk’s tweet on Sunday, however, failed to lift… Read More