Blockchain & Digital Assets

April 26, 2021 @ 6:51 pm By JD Alois  |  

Tesla (NASDAQ:TSLA) announced Q1 2021 earnings today that beat on both the top and bottom line. Included in the presentation deck was the fact that Tesla holds cryptocurrency, specifically Bitcoin as part of its treasury strategy. In the deck, Tesla states: “Quarter-end cash and cash… Read More

April 26, 2021 @ 12:30 pm By Lee Schneider  |  

When you work in the blockchain and cryptoasset space for a while, you hear four particular questions asked over and over by people new to the space and particularly by skeptical people.  These are good and important questions and they deserve simple, straightforward answers, so… Read More

April 26, 2021 @ 12:00 pm By Omar Faridi  |  

PlasmaFinance has shared the details of SpacePort, its IDO launchpad for emerging crypto-related initiatives. Unlike other token launchpads, SpacePort claims it’s “fully decentralized” with “no central points of control.” As mentioned in a release shared with CI: “A flexible token launch platform, SpacePort empowers startups… Read More

April 26, 2021 @ 10:46 am By JD Alois  |  

The UK Jurisdiction Taskforce of LawtechUK (UKJTL), chaired by Sir Geoffrey Vos, Master of the Rolls, has published its Digital Dispute Resolution Rules addressing legal disputes relating to digital technology such as crypto assets, smart contracts, and blockchain applications. The document was drafted following a… Read More

April 26, 2021 @ 9:53 am By Samantha Hurst  |  

   Securrency, a global financial services technology infrastructure and products company, announced on Monday it raised $30 million through its Series B investment round, which saw participation from WisdomTree Investments, Abu Dhabi Catalyst Partners Limited (ADCP), State Street, and U.S. Bank. The investment round comes… Read More

April 26, 2021 @ 8:55 am By JD Alois  |  

Overstock (NASDAQ:OSTK) has announced that its blockchain subsidiary, Medici Ventures, has been successfully transferred to Pelion Venture Partners. In early 2021, Overstock announced that had migrated Medici Ventures to a limited partnership while partnering with Pelion Venture Partners to act as the general partner of the… Read More

April 26, 2021 @ 7:59 am By Samantha Hurst  |  

  Digital payments platform Wirex announced on Monday it has teamed up with Snowdrop Solutions to introduce location-enriched transaction services. According to Wirex, the service enables cardholders to readily see exactly where their transactions take place and provide a “greater level of transparency” for those transactions…. Read More

April 26, 2021 @ 7:32 am By Omar Faridi  |  

Multi-asset investment platform eToro revealed on April 26, 2021 that it has launched a new thematic portfolio, called BitcoinWorldWide. Based on the firms in the value chain behind Bitcoin, the portfolio is meant to further promote adoption of the leading cryptocurrency. Dani Brinker, eToro’s head… Read More

April 25, 2021 @ 6:15 pm By Omar Faridi  |  

Blaine Malone, Senior Security Engineer at digital asset firm Kraken, notes that he joined Gemini in March 2020 when New York had closed due to the COVID-19 outbreak. Malone adds that luckily, he got the chance to spend a day in the office, however, he’s… Read More

April 25, 2021 @ 4:37 pm By Omar Faridi  |  

Sovereign governments could potentially be the next group to adopt digital assets, according to a report from crypto-assets firm Kraken. Kraken writes in an update that central bank digital currencies (CBDCs) might become “the latest, and perhaps most substantial tool, used to expand their monetary… Read More

April 25, 2021 @ 2:17 pm By Xu Gao  |  

Fintech Companies Will Face Listing Restrictions on the SSE STAR Market  On April 16th, the China Securities Regulatory Commission (CSRC) published the revised edition of “STAR Market Property Evaluation Guidelines”. According to the amendments, Fintech companies will be classified as “restricted” category when it applies… Read More

April 25, 2021 @ 12:36 pm By Omar Faridi  |  

Crypto investors in Turkey have been dealing with major issues lately. Another major digital currency exchange has collapsed in the country and its CEO is being detained by authorities. Turkish crypto exchange Vebitcoin has suspended its operations and claims that it decided to do so… Read More

April 24, 2021 @ 1:25 pm By Omar Faridi  |  

Brandon Iles, Co-founder at Ampleforth, a digital asset protocol for synthetic commodity money, notes that the launch of the FORTH governance token is an “important step” for the initiative’s path toward “decentralization.” Iles has commented on the basics of how the FORTH governance token works,… Read More

April 24, 2021 @ 1:07 pm By Omar Faridi  |  

The Office of the Comptroller of the Currency (OCC), an independent bureau within the US Department of the Treasury that serves to charter, regulate, and supervise all national banks and thrift institutions and the federally licensed branches and agencies of foreign banks in the United… Read More

April 24, 2021 @ 12:22 pm By Omar Faridi  |  

PARSIQ, the blockchain monitoring and workflow automation platform that acts as a “multi-level” bridge between blockchain networks and off-chain apps, revealed that it has integrated Chainlink’s price feeds “live” on Binance Smart Chain (BSC). PARSIQ confirmed in a release shared with CI that they introduced… Read More

April 24, 2021 @ 12:19 pm By Omar Faridi  |  

Last week, the US sanctioned several groups and individuals because of their alleged association with “disinformation” campaigns that were reportedly coordinated by the Russian government. Blockchain analysis firm Chainalysis points out that a few of the sanctioned utilized virtual currency in their “criminal endeavors,” and… Read More

April 23, 2021 @ 10:01 pm By Samantha Hurst  |  

Klaytn, a global public blockchain platform developed by Ground X, the blockchain affiliate of the leading South Korean Internet company, Kakao, announced on Thursday it has teamed up with ConsenSys, an Ethereum software company, to advance its platform’s integrated digital currency efforts. Klaytn reported through… Read More

April 23, 2021 @ 9:46 pm By Samantha Hurst  |  

BitGo, a digital asset financial services provider, announced on Friday it was awarded a contract to custody digital assets for the U.S. Marshals Service (USMS).  BitGo reported that through BitGo Trust Company it will secure digital assets for the USMS with the highest level of… Read More

April 23, 2021 @ 4:59 pm By Omar Faridi  |  

  The Security Token Group (STG), which focuses on the fast-evolving blockchain-based security tokens space, has released their March 2021 edition of the Security Token Market Real Estate report. As previously reported, Security Token Market (stomarket.com) hosts live-trading data from 33 different security tokens across… Read More

April 23, 2021 @ 4:57 pm By Omar Faridi  |  

DBS Bank and Contour have expanded their digital trade offerings to four new markets in the Asia-Pacific (APAC) region. As mentioned in a release, digital letter of credit capabilities will be offered in Australia, China, Hong Kong and Singapore starting this month. The announcement also… Read More