Blockchain & Digital Assets

Blockchain, distributed ledger technology, crypto, digital assets, tokenization and stablecoin news.

El Salvador to Adopt Bitcoin as Legal Tender – Why They Did It

President Nayib Bukele made waves recently when he announced his intention to have El Salvador become the first sovereign nation to adopt Bitcoin as legal tender. He announced this at the Bitcoin 2021 Conference in Miami. For Bukele, the move will hopefully spur an economy… Read More

Bitfinex Adds Support for Solana (SOL) as Collateral on its Peer to Peer Loan Portal

Digital asset firm Bitfinex, which offers a crypto-asset trading platform, recently added Solana (SOL) as collateral on Bitfinex Borrow, a peer-to-peer (P2P) digital token loan portal. Bitfinex clients will now be able to acquire loans of as much as 70% of the value of their… Read More

What’s in a Name? e-Money Seeks to Challenge Stablecoins with Interest Bearing Digital Assets

e-Money, a protocol built for the issuance of interest-bearing currency-backed stablecoins, is seeking to challenge the established stablecoin market by providing an alternative that generates income. The Danish startup currently supports the Euro (EUR), Swiss Franc (CHF), Swedish Krona (SEK), Norwegian Krone (NOK) and the… Read More

Experian on Fraud: 2020 Was a Big Year for Nefarious Actors and Illicit Activity in Financial Services

While the tactics may change, the goal of fraudsters in financial services remains the same: Separating hard-working individuals and corporations from their money. The emergence of the internet, and digital financial services, has created a new vector in the fight with criminals and those that… Read More

Bitcoin, Crypto Selloff Mostly led by New Traders, as “Smart Money” Held Through, Ethereum Whales Soared in May: Report

Digital asset firm Kraken notes in its latest Kraken Intelligence report that May was a rather “unpleasant” month for crypto. The Kraken Intelligence team points out that with such a “severe” price correction, some may now be wondering whether “the party that began last September… Read More

US Government Claws Back Crypto from Ransomware Scam as Feds Flex Growing Tech Muscle

The Colonial Pipeline ransomware attack caused incredible disruptions to the US economy costing businesses and consumers millions of dollars in lost productivity. As the price of gas rose, and people queued up at stations waiting on the dwindling supply due to the malfeasance, the perpetrators,… Read More

UK Fintech Bottlepay to Allow European Consumers to Perform Instant Bitcoin, Euros, GBP Payments

Bottlepay, an international payments app provider, has introduced its services across Europe, enabling clients to perform instant, cost-effective cross-border transactions with Euros and Bitcoin (BTC). The Bottlepay app leverages the Lightning Network (LN), a layer-2 Bitcoin payments scalability solution, in order to conduct faster transfers…. Read More

Razer Is Evaluating Entry into Crypto Market, with Fintech Now a Major Business for Gaming Firm

Razer, a leading gaming hardware producer, is looking to further diversify its operations by offering cryptocurrency-related services. At present, Razer is “carefully evaluating” a possible entry into the crypto sector, according to recent reports. Min-Liang Tan, CEO at Razer, a global lifestyle and gaming company,… Read More

Crypto Wallet and Payment Fintech Zumo Confirms its Key Signatory Status of Crypto Climate Accord

Zumo confirmed on Monday (June 7, 2021) its key Signatory status of the Crypto Climate Accord (CCA), an international initiative that has been launched to harness the collective efforts of the crypto and blockchain sector to support the industry’s gradual transition to 100% renewable energy… Read More

CoinShares Reports its Bitcoin, Ethereum, Litecoin ETPs Cross-listed on Germany’s Börse Xetra Exchange

Leading European digital asset manager CoinShares (Nasdaq First North Growth Market: CS) announced Monday (June 7, 2021) that three of the firm’s recently introduced physically-backed exchange-traded products (ETPs) have now “cross-listed on Germany’s Börse Xetra exchange.” As noted in a release from the company: CoinShares… Read More

Nasdaq listed Bitcoin Mining Hardware Firm Canaan Launches After-Sales Office in Kazakhstan

Canaan Inc. (NASDAQ: CAN), an established high-performance computing solutions provider, revealed on Monday (June 7, 2021) that it has launched its first international after-sales service center, based in Kazakhstan. According to a release shared with CI, the new Service Center will offer Canaan‘s domestic clients… Read More

CoinList to Facilitate Token Sale for Swarm, a System of P2P Nodes Supporting Decentralized Storage, Communication

Digital asset platform CoinList notes that they are pleased to confirm that the registrations for the Swarm Token Sale are now open (as of June 3, 2021). The CoinList team describes Swarm as a system of peer-to-peer (P2P) networked computing nodes that create a “decentralized”… Read More

Oliver Xie: Founder at DeFi Insurance Protocol InsurAce Explains how Platform Addresses Risks from Smart Contract Vulnerabilities

  We recently connected with Oliver Xie, the Founder at InsurAce, a DeFi insurance protocol, that is introducing multi-chain insurance services on its Ethereum dApp (app.insurace.io), in order to offer insurance coverage to protocols and blockchain platforms like Ethereum, Binance Smart Chain (BSC), Huobi Eco… Read More

Blockchain based Social Media Network Voice, Developed by Block.one, Announces NFT Residency for Emerging Creators

Voice, a blockchain-powered social media platform developed by Block.one, has announced its NFT Residency for “emerging” creators. The team at Voice notes in an update, dated June 2, 2021: “Continuing with our mission to empower creatives, we are partnering with leaders in arts and culture… Read More

El Salvador Might Make Bitcoin (BTC) Legal Tender, but Transactions with the Crypto are Too Costly and Slow

El Salvador is reportedly looking to become the first nation in the world to adopt Bitcoin (BTC) as legal tender. El Salvador’s government might introduce legislation that could potentially make it the first country to adopt BTC as legal tender, along with the US dollar…. Read More

Equity Crowdfunding Platform Ata Plus in Malaysia Appoints Karen Puah as COO

Ata Plus, an equity crowdfunding platform and Recognized Market Operator (RMO) that has been registered with the Securities Commission Malaysia, recently revealed that it has appointed Karen Puah to serve as its Chief Operating Officer. Ata Plus is a blockchain enhanced Equity Crowdfunding online platform,… Read More

Crypto-Native Bitcoin Water Trust Initiative Launched, with Support from Professional Skateboarder Tony Hawk

Global safe drinking water nonprofit, charity: water, revealed on June 4, 2021, that they have introduced a “crypto-native” Bitcoin Water Trust initiative. As mentioned in a release shared with CI, the trust will enable charity: water to receive and “hodl” (hold long-term) Bitcoin donations in… Read More

China’s Public Blockchain Nervos and IOHK to Offer Cross-Chain Bridge linking Cardano and Nervos Networks

Nervos, China’s leading public blockchain, and the team at IOHK, a global blockchain engineering firm and creators of the Cardano (ADA) blockchain, recently revealed that they are  forming a cross-chain bridge that will link the Cardano and Nervos networks. As mentioned in a release shared… Read More

Unchained Capital Finalizes $25M Series A Round led by Bitcoin Tech and Financial Services Provider NYDIG

Unchained Capital, Inc. recently revealed that it has completed the initial closing of a $25 million Series A round that was led by institutional Bitcoin tech and financial services provider, NYDIG and parent firm Stone Ridge Holdings Group. In addition to participating in the equity… Read More

Waves Blockchain Developers Launch Non-Fungible Token Marketplace for Collectors of NFT Ducks

The Waves blockchain-based game for collectors of non-fungible tokens or NFT ducks has “already gained popularity,” the developers at Waves revealed in a recent update. More than 4,000 NFT ducks have reportedly been issued, meanwhile, players are currently waiting for the introduction of NFT farming,… Read More

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