Blockchain & Digital Assets

April 17, 2021 @ 3:39 pm By Omar Faridi  |  

  The team at BitPay, a leading cryptocurrency payments platform, notes in their regular monthly update report that it has been another busy month in the world of digital currencies. BitPay writes in a blog post that they continue to welcome new merchants while offering… Read More

April 17, 2021 @ 11:00 am By Omar Faridi  |  

On April 15, 2021, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned 16 individuals and 16 entities for “attempting to undermine and influence the 2020 US presidential election,” blockchain security firm CipherTrace noted in a blog post. CipherTrace also mentioned… Read More

April 17, 2021 @ 10:55 am By Omar Faridi  |  

Leading crypto exchange Binance notes in its weekly report that it completed a record-breaking Binance Coin (BNB) token burn. The weekly report (April 10 – 16, 2021) from Binance reveals that the digital assets firm burned “a record $593 million in BNB.” The digital currency… Read More

April 16, 2021 @ 7:43 pm By JD Alois  |  

Coinbase closed its inaugural trading week at a valuation of around $63 billion after opening higher than its reference price on the NASDAQ this past Wednesday. At one point, Coinbase was valued at over $100 billion. Of course, there has been a lot of commentary… Read More

April 16, 2021 @ 7:09 pm By Omar Faridi  |  

Nitin Gaur, Founder and Director of IBM Digital Asset Labs, recently looked into how businesses may be able to absorb “disruptive” impact and start integrating new business models (NFTs) in existing and “new streams” of business opportunity. Gaur writes in a blog post that non-fungible… Read More

April 16, 2021 @ 5:37 pm By Omar Faridi  |  

The team at Chainlink (LINK), the leading decentralized Oracle Network provider, has published a whitepaper titled, Chainlink 2.0: Next Steps in the Evolution of Decentralized Oracle Networks. Released on April 15, 2021, the paper notes that the team has a vision for the “evolution” of… Read More

April 16, 2021 @ 2:22 pm By Omar Faridi  |  

RedBlock and NFT Bazaar have announced a strategic partnership in an “embrace” of the fast-evolving NFT industry. As noted in a blog post by RedBlock: “We are very pleased to announce that RedBlock and NFT Bazaar have officially entered into a strategic partnership, leveraging our… Read More

April 16, 2021 @ 2:00 pm By Samantha Hurst  |  

CoinSquare, a Canadian digital asset exchange, announced on Friday the closing of the previously announced strategic investment in Coinsquare by Mogo Inc. (NASDAQ:MOGO) (TSX: MOGO), a digital payments and fintech company. Coinsquare reported that per the investment agreement, Mogo has acquired a 19.99% ownership interest for… Read More

April 16, 2021 @ 1:51 pm By JD Alois  |  

Earlier today, the official newspaper of Turkey published new regulations issued by the Central Bank of Turkey. According to the new rules, crypto-assets may no longer be used as a form of payments or transfers as of April 30, 2021. According to Reuters, Ahmed Faruk… Read More

April 16, 2021 @ 11:30 am By Howard Marks  |  

On March 11th, Beeple became the third highest-paid living artist with a $69M sale of one of his works as an NFT, a non-fungible token on the blockchain. This sale is one of many at the front of NFTs, blockchain’s latest hype machine of digital… Read More

April 15, 2021 @ 9:45 pm By JD Alois  |  

Switzerland-based METACO, a provider of security-critical infrastructure for the digital asset ecosystem, has launched METACO Harmonize, an “end-to-end digital asset orchestration system for institutions.” So what exactly is “digital asset orchestration”? METACO explainst that it is a system of applications to manage a range of… Read More

April 15, 2021 @ 9:12 pm By Omar Faridi  |  

Luno, a crypto-asset trading platform in Malaysia that has been cleared by the Securities Commission, has revealed that it’s now managing over RM 1 billion or $240 millon worth of digital assets. This milestone has been reached in less than 2 years since the company… Read More

April 15, 2021 @ 8:00 pm By Omar Faridi  |  

Adam Turman, Developer Support Engineer at Kava Labs Inc, which is focused on “democratizing” financial services and making them more accessible to “anyone, anywhere” across the globe, notes that Kava Labs is pleased to introduce new features and enhancements they’ve been working on recently. Turman… Read More

April 15, 2021 @ 1:36 pm By JD Alois  |  

Sotheby’s first NFT [non-fungible token] sale completed yesterday.  The digital artist known as Pak sold multiple NFTs for almost $17 million. Hosted on Gemini’s Nifty Gateway, the sale allowed collectors to bid on NFTs for limited-edition artworks in “The Fungible Collection” and open edition artworks… Read More

April 15, 2021 @ 11:32 am By Omar Faridi  |  

Dr. Leemon Baird, Founder and Chief Scientist at Hedera Hashgraph, an ecosystem focused on developing enterprise-grade business applications, has revealed that they’ve just hit their first billion transactions on the Hedera Hashgraph mainnet (in only 19 months). Baird also noted: “And it keeps accelerating. A… Read More

April 15, 2021 @ 10:56 am By JD Alois  |  

Swisscom has joined with financial firms SEBA, Sygnum, Vontobel, and Swissquote, to pilot the Swiss Institutional Digital Asset Reference Rate (SIDAR). According to a public statement, during a two-week testing period, the partners carried out daily fixings for Bitcoin and Ether. The banks acted as… Read More

April 15, 2021 @ 10:00 am By Omar Faridi  |  

We recently caught up with Kris Vaivods, CEO at Vorto Gaming, a blockchain startup planning to carry out an initial public offering (IPO) on the Swedish stock exchange later this year. Kris is the Founder of the Vorto Games subsidiary vz games and is part… Read More

April 15, 2021 @ 8:39 am By Samantha Hurst  |  

Apollo Fintech, a Hong Kong-based blockchain company, announced on Wednesday it has launched its flagship cryptocurrency investment platform, through its Stratus social media ecosystem. According to Apollo, the platform offers users instant access to buy and sell cryptocurrency. “Instant invest is a new platform on the… Read More

April 15, 2021 @ 6:43 am By Omar Faridi  |  

BitRefill, a company that helps consumers “live on” crypto with gift cards, phone refills, and Lightning Network (LN), notes that in Switzerland, people can take advantage of free markets, low taxes and a high standard of living. BitRefill notes in a blog post that they’re specifically… Read More

April 14, 2021 @ 11:57 pm By Omar Faridi  |  

UNA Blockchain, a subsidiary of Hopium, the car manufacturer that develops “high-end” hydrogen sedans, is launching its new blockchain ecosystem. Based in Venice, California, UNA Blockchain aims to position itself as a leader within the automotive sector, according to a release shared with Crowdfund Insider…. Read More