Blockchain & Digital Assets

June 12, 2021 @ 11:59 am By Omar Faridi  |  

2020 was a really important breakout year for Bitcoin (BTC), as an influx of institutional capital “spurred” the digital asset to set new all-time highs, Chainalysis notes while pointing out that many individuals and countries may have benefited from the booming prices in the crypto… Read More

June 12, 2021 @ 10:59 am By Xu Gao  |  

National Internet Finance Association of China: Standardized Cosmetic Surgery-Related Financial Products and Services The past few years have seen the rapid development of cosmetic surgery in China. In order to better serve their customers, some financial institutions have cooperated with third-party cosmetic surgery agencies to… Read More

June 12, 2021 @ 10:06 am By Omar Faridi  |  

Global Fintech Circle is now providing what it claims to be a “market-leading” Yield product developed on major stablecoin USDC. The new product is currently available for certain clients through an Early Access Program, the Circle team confirmed in a recent blog post. As mentioned… Read More

June 12, 2021 @ 9:59 am By Omar Faridi  |  

Zack Voell, a cryptocurrency mining specialist, writes in a blog post published by Compass that Iran has banned Bitcoin mining for four months in the country’s most recent “legal pivot” away from the “begrudged but enduring segment of miners” operating in the country. Voell points… Read More

June 11, 2021 @ 7:13 pm By Tony Zerucha  |  

Staking pool protocol provider Moonstake has entered a partnership with Uzbekistan government-approved cryptocurrency exchange UzNEX. It is the latest blockchain-based agreement coming out of Eastern Europe, an area gaining a solid foothold in this new economy. The new partners will work together on developing blockchain-focused… Read More

June 11, 2021 @ 4:21 pm By Omar Faridi  |  

OKEx, a leading digital currency spot and derivatives exchange, recently announced that it has completed the integration of Polygon, a full-stack scaling solution allowing more Ethereum (ETH)-compatible apps to be developed and connected. OKEx is reportedly one of the first crypto exchanges to integrate this… Read More

June 11, 2021 @ 2:17 pm By Omar Faridi  |  

Singapore-based Zilliqa Research Pte. Ltd., the “high” security, high speed, and low fee Layer 1 blockchain protocol firm, and its sister company Zilliqa Capital Pte. Ltd, the tech firm whose goal is to become the “central business and investment hub” for Zilliqa, recently announced that… Read More

June 11, 2021 @ 1:06 pm By Tony Zerucha  |  

This year’s UEFA EURO extravaganza will have a distinct blockchain influence for the first time. Ant Group’s blockchain arm AntChain has signed a five-year agreement with the football body which will see it become the official blockchain partner of UEFA EURO 2020 and UEFA national… Read More

June 11, 2021 @ 1:02 pm By Omar Faridi  |  

AI and machine learning network Fetch.ai will be working with IOTA, in order to connect Autonomous Economic Agents to IOTA network’s rich data sources. As mentioned in a blog post by Fetch.ai, dated June 10, 2021, for the first time ever, this draws “a clear,… Read More

June 11, 2021 @ 11:25 am By Omar Faridi  |  

We recently connected with Justin Giudici, Head of Product at the Telos Foundation, which supports the development of Telos (TLOS), a high-performance blockchain that has evolved into one of the most promising crypto-focused platforms in the digital assets space. Guidici talked about what makes Telos… Read More

June 11, 2021 @ 9:48 am By JD Alois  |  

Recently El Salvador announced its intent to adopt Bitcoin as legal tender in the country. The legions of crypto supporters rapidly embraced the move while detractors grumbled that transacting in Bitcoin is a slow and costly process that makes little sense as a currency for… Read More

June 11, 2021 @ 8:05 am By Omar Faridi  |  

The Global Blockchain Business Council (GBBC), an established global industry association for the blockchain or distributed ledger tech (DLT) ecosystem, announced on Thursday (June 10, 2021) that Yuval Rooz, Co-Founder and CEO at Digital Asset, has been appointed to join its Board of Directors. As… Read More

June 10, 2021 @ 1:54 pm By JD Alois  |  

Ledger, a popular seller of wallets for digital assets, has raised $380 million in a Series C funding round. The funding was led by 10T, alongside other investors from our Series B round such as Cathay Innovation, Draper Associates, Draper Dragon, Draper Esprit, DCG, and… Read More

June 9, 2021 @ 10:56 pm By Omar Faridi  |  

The Hong Kong Monetary Authority (HKMA) announced on Tuesday (June 8, 2021) the updated “Fintech 2025” strategy for promoting financial tech development in the Special Administrative Region of the People’s Republic of China. Eddie Yue, CEO at HKMA,  has outlined Hong Kong’s new Fintech strategy,… Read More

June 9, 2021 @ 10:07 pm By Omar Faridi  |  

US-based Broadridge Financial Solutions (NYSE: BR), a tech solutions provider, revealed on Wednesday (June 9, 2021) that it has teamed up with Amazon Web Services (AWS) in order to expand its Private Market Hub platform. The Private Market Hub will leverage distributed ledger technology (DLT)… Read More

June 9, 2021 @ 9:50 pm By Omar Faridi  |  

During 2020, crypto-asset hedge funds almost doubled to reach an all-time record as the nascent industry continued to deliver a solid overall performance. As part of the recent Bitcoin (BTC), Ethereum (ETH), and wider digital currency market bull run, total assets under management (AUM) of… Read More

June 9, 2021 @ 3:35 pm By Tony Zerucha  |  

No one should be shocked Bitcoin’s price fell after the United States recovered most of the cryptocurrency used to pay the Colonial Pipeline hackers, an analyst with GlobalData said this week. Given cryptocurrency’s libertarian roots, the fact a government could track and seize money designed… Read More

June 9, 2021 @ 10:54 am By Priyanka Pani  |  

The Bank of England (BoE) has long indicated it is interested in new forms of digital currencies such as Stablecoins and central bank digital currencies. In the past, the Bank has wondered about the impact to monetary policy and possible risk regarding the issuance of… Read More

June 9, 2021 @ 8:23 am By Omar Faridi  |  

Nate Maddrey and the Coin Metrics research team noted that during the past month, Ethereum (ETH) trading volumes have been catching up with Bitcoin (BTC) volume on Binance, the world’s largest crypto exchange. Although Bitcoin led by a significantly large margin at the start of… Read More

June 8, 2021 @ 10:56 pm By Omar Faridi  |  

Fiserv, Inc. (NASDAQ: FISV), a multinational provider of payments and financial services tech solutions, will allow customers to share data on their digital asset holdings with their Fintech app providers. Consumers will be able to share their data with various financial institutions, wealth management firms,… Read More