Blockchain & Digital Assets

April 23, 2021 @ 3:01 pm By Samantha Hurst  |  

WeWork, a U.S.-based flexible space provider, announced earlier this week is now accepting payment in select cryptocurrencies. The company is notably working with BitPay and Coinbase to utilize cryptocurrency for inbound and outbound transactions. Through BitPay, WeWork will accept Bitcoin (BTC), Ethereum (ETH), USD Coin (USDC), Paxos… Read More

April 23, 2021 @ 2:43 pm By Samantha Hurst  |  

Unifimoney Inc., a U.S.-based premium digital money management platform, announced earlier this week the launch of the Unifi Premier credit card, offering customers the choice to redeem their rewards as Bitcoin, Gold or Equity. The company revealed it partnered with Railsbank to launch the card,… Read More

April 23, 2021 @ 10:31 am By Omar Faridi  |  

Bitcoin (BTC) dominance recently dropped to 50.2% (but has increased slightly to 50.7% at the time of writing) for the first time since July 2018, Bloqport reports. Bitcoin dominance represents the total share of the digital assets market that BTC claims. Notably, the BTC price… Read More

April 23, 2021 @ 10:08 am By JD Alois  |  

Back in October of 2020, the European Union launched a consultation on the possibility of creating a central bank digital currency (CBDC) or digital euro. The results of the consultation will help guide the European Central Bank’s decision as to whether, or not, to launch… Read More

April 23, 2021 @ 6:48 am By Samantha Hurst  |  

      BitGo, a digital asset financial services provider, announced earlier this week it has surpassed $700M of total Crime/Excess Specie insurance capacity. The company reported that in 2020, it claims it became the first digital asset custodian to offer clients the ability to… Read More

April 22, 2021 @ 11:47 pm By Omar Faridi  |  

Digital assets firm Coinbase (NASDAQ:COIN) is introducing Project 10 Percent: “Building a culture of repeatable innovation at Coinbase.” Surojit Chatterjee, Chief Product Officer, noted that innovation is “a lot like exercise,” because you need to “approach it with discipline, or you can easily fall out… Read More

April 22, 2021 @ 10:47 pm By Omar Faridi  |  

Huobi Asset Management (Hong Kong) Ltd, a wholly-owned subsidiary of Huobi Technology Holdings Limited, has introduced virtual asset-related funds for professional investors. The new product offering includes three digital asset funds and a private equity fund for blockchain mining-related businesses, according to a release shared… Read More

April 22, 2021 @ 7:49 pm By JD Alois  |  

Global Digital Finance (GDF), an organization that advocates on behalf of the digital asset industry, has distributed a letter sent to the Financial Action Task Force (FATF) pertaining to guidelines regarding the regulation of virtual assets and virtual asset service providers or “VASPs.” FATF is… Read More

April 22, 2021 @ 7:10 pm By Omar Faridi  |  

Today, Binance Smart Chain (BSC) managed to surpass Ethereum’s (ETH) daily transactions by 600% as it reached 9M in daily transaction volume (ETH ATH is 1.5M transactions). As noted in an update from the Binance team shared with Crowdfund Insider, the total value locked in… Read More

April 22, 2021 @ 6:33 pm By Omar Faridi  |  

Block.one, the developer of the EOSIO open-source software, has shared an economic analysis performed by Prysm Group for a proposed Stake-Based Voting and Rewards Mechanism, which specifies an alternative model for “inflation distribution” on the EOS public blockchain network. The proposal aims to serve as… Read More

April 22, 2021 @ 12:43 pm By JD Alois  |  

Digital investment platform Robinhood has selected Christine Brown to lead Robinhood Crypto as Chief Operating Officer, according to a statement by the company. Brown is expected to oversee all of Robinhood’s crypto operations and compliance. Currently an employee at Robinhood, Brown is expected to keep… Read More

April 22, 2021 @ 9:13 am By JD Alois  |  

UK bank NatWest is saying no to crypto. According to a report, business users that accept crypto, like Bitcoin, may be refused access to the bank’s services. As reported by the Guardian, NatWest BoardMember Morten Friis, who is head of the Risk Committee, explained during… Read More

April 21, 2021 @ 9:38 pm By Omar Faridi  |  

Global enterprise software company R3’s Development Fund has reportedy reached the milestone of $10 million in capital deployed “across over 30 investments in more than 20 of the most promising early-stage blockchain and confidential computing companies,” according to a release shared with CI. As noted… Read More

April 21, 2021 @ 3:28 pm By JD Alois  |  

Christian Catalini, an MIT Professor and co-founder of Diem (formerly Libra), visited with CNBC yesterday providing a minor update on the much-anticipated cryptocurrency. Libra/Diem lurched into the crypto-sphere in 2019 with great expectations of becoming a non-sovereign digital currency utilized by the hundreds of millions… Read More

April 21, 2021 @ 11:37 am By Samantha Hurst  |  

  US-based digital assets firm Gemini announced on Wednesday the release of its latest report, which revealed that nearly two-thirds of U.S. adults are now interested in cryptocurrency, The data was notably gathered from a nationally representative survey of 3,000 U.S. adults that pointed to a… Read More

April 21, 2021 @ 8:22 am By Omar Faridi  |  

Digital Asset, the developers of the Daml multi-party application platform, revealed on Wednesday (April 21, 2021) that they have secured more than $120 million in capital through a Series D funding round from 7RIDGE and Eldridge. As stated in a release shared with Crowdfund Insider:… Read More

April 20, 2021 @ 9:15 pm By Omar Faridi  |  

On Tuesday, April 20, 2021, Coinbase Pro will be adding support for new order books for several major digital assets including the Basic Attention Token (BAT), Cardano (ADA), Decentraland (MANA) and USDC (USDC). As noted in a blog post by the digital assets firm, the… Read More

April 20, 2021 @ 5:41 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has charged Sheng-Wen Cheng with allegations of defrauding investors in the offering of equity and digital asset securities, according to a complaint filed by the regulator. According to the SEC’s complaint, from approximately August 2017 to June 2018, Cheng… Read More

April 20, 2021 @ 5:31 pm By JD Alois  |  

Binance.US, an offshoot of Binance – the largest crypto exchange in the world, has hired the former Comptroller of the Currency, Brian Brooks, as its new Chief Executive Officer. In a strategic coup, Brooks will now be leading Binance.US, a top ten crypto exchange, in… Read More

April 20, 2021 @ 2:59 pm By JD Alois  |  

The Commodity Futures Trading Commission (CFTC) has settled charges against Jozef Gherman of Florida and J Squared LLC for making misleading statements or omitting material facts in connection with soliciting more than $300,000 from more than 40 individuals to invest in digital assets. According to… Read More