Blockchain & Digital Assets

April 9, 2021 @ 10:21 am By JD Alois  |  

Zug, Switzerland-based Zenotta AG, a peer-to-peer trading system and Smart Data Platform, has raised  CHF 10 million ($10.7M USD) through a token sale, in its first seed funding round, according to a company release. Zenotta says it wants to create a more “decentralized, democratic, and… Read More

April 9, 2021 @ 8:21 am By Omar Faridi  |  

Alonzo will be developing on Cardano’s (ADA) token upgrades in order to give application developers the tools needed for creating business applications. IOHK, which supports Cardano development, notes in a blog post that at the beginning of March 2021, they implemented Mary ‒ which is… Read More

April 8, 2021 @ 10:34 pm By Omar Faridi  |  

The blockchain-based decentralized applications (dApp) industry has seen “tremendous” growth, according to a report from DappRadar. There’s been a 639% increase in active wallets across all blockchain or distributed ledger technology (DLT)-enabled platforms during Q1 2020. The report reveals that there were around 458,000 daily… Read More

April 8, 2021 @ 10:17 pm By Samantha Hurst  |  

  Inter-American Development Bank (IDB) announced on Thursday it has teamed up with CITI Innovation Labs to create cross-border payments from the U.S. to countries in Latin America and the Caribbean using blockchain and tokenized money. According to IDB, The LACChain Blockchain Network-enabled several disbursements… Read More

April 8, 2021 @ 9:31 pm By Omar Faridi  |  

CME Group, one of the world’s leading and most diverse derivatives marketplace, recently revealed that it would be expanding its suite of cryptocurrency derivatives with the launch of a new Micro Bitcoin futures contract on May 3, 2021 (subject to regulatory review and approval). Micro… Read More

April 8, 2021 @ 6:30 pm By Omar Faridi  |  

Billionaire Mark Cuban-backed Nifty’s has reportedly hired Olta Andoni, an NFT copyright legal expert as its new Chief Legal Officer. Andoni will notably be the first CLO of the nascent non-fungible token or NFT-focused social media platform. Nifty’s is a fairly new online network for… Read More

April 8, 2021 @ 3:12 pm By JD Alois  |  

The Commodity Futures Trading Commission (CFTC) reports that the U.S. District Court for the District of Nevada has entered a default judgment against defendants David Gilbert Saffron and Circle Society, Corp. for a cryptocurrency fraud and a misappropriation scheme. The final judgment is the result… Read More

April 8, 2021 @ 2:00 pm By JD Alois  |  

Back in January of this year, Anchorage, a top crypto platform for institutions, announced that the Office of the Comptroller of the Currency (OCC) had conditionally approved  Anchorage Trust Company, a South Dakota chartered trust company, to become Anchorage Digital Bank, National Association. Thus, Anchorage… Read More

April 7, 2021 @ 9:35 pm By Omar Faridi  |  

Crypto exchange Poloniex has announced a new DeFi listing. The Poloniex team writes in a blog post published on April 6, 2021 that they’re pleased to support BTCST in their decentralized finance or DeFi Innovation Zone, beginning today (April 6). BTCST joins more than 80… Read More

April 7, 2021 @ 7:00 pm By Omar Faridi  |  

Digital assets firm Gemini says that their international footprint “reflects crypto’s global reach.” As the company continues to expand its business operations, they are increasingly supporting “a range of clients around the world,” the Gemini team notes in an April 7, 2021 blog post. The… Read More

April 7, 2021 @ 4:17 pm By JD Alois  |  

Back in December of 2020, the Securities and Exchange Commission (SEC) posted a complaint alleging that Ripple engaged in the sale of an unregistered security. The enforcement action included Christian Larsen, the company’s co-founder, executive chairman of its board, and former CEO, and Bradley Garlinghouse,… Read More

April 7, 2021 @ 3:35 pm By Omar Faridi  |  

Gurvais Grigg recently revealed why he joined blockchain analysis firm Chainalysis as its Global Public Sector CTO after working for over two decades at the Federal Bureau of Investigation (FBI), most recently as Assistant Director of the FBI Laboratory. In his new role, Grigg will… Read More

April 7, 2021 @ 10:27 am By Samantha Hurst  |  

US-based digital assets firm Gemini has joined forces with identity decisioning platform for banks and fintech companies, Alloy, to streamline identity decisioning for its credit card with cryptocurrency rewards. Gemini reported that through the collaboration, it will use Alloy to facilitate its onboarding process for credit card… Read More

April 7, 2021 @ 1:42 am By Omar Faridi  |  

Dominik Schiener, Co-founder at IOTA, which claims it has “re-engineered the principles” of existing distributed ledger technology (DLT) to offer a fee-less, open-source, secure data and financial exchange protocol, has revealed that one of the biggest upgrades in IOTA’s history is “right in front of us.”… Read More

April 7, 2021 @ 12:39 am By Omar Faridi  |  

Hong Kong-headquartered crypto-asset custody service provider Hex Trust reveals that it has secured $6 million in capital via a Series A round that was led by QBN Capital. As part of its latest investment round, Hex Trust also received contributions from Cell Rising, Radiant Tech… Read More

April 6, 2021 @ 9:25 pm By Omar Faridi  |  

The team at Security Token Market (STM), which is focused on the fast-evolving blockchain-enabled security tokens space, has published their monthly report. The report reveals that the total security token market cap (as tracked by stomarket.com) stood at  $613,442,470. The market cap monthly change was… Read More

April 6, 2021 @ 9:17 pm By Omar Faridi  |  

A federal court in the District of Massachusetts recently entered an order that authorizes the US Internal Revenue Service (IRS) to serve a John Doe summons on Circle Internet Financial Inc., “or its predecessors, subsidiaries, divisions, and affiliates, including Poloniex LLC.” According to a release,… Read More

April 6, 2021 @ 8:19 pm By Omar Faridi  |  

TRON Foundation, which supports the ongoing development of Tron (TRX), has published a blog post in which they questionably claim that the TRX digital currency has “officially leaped” into the “deflation era,” by becoming the first deflationary virtual currency in the world. As noted by… Read More

April 6, 2021 @ 4:59 pm By JD Alois  |  

In advance of its much-anticipated initial public offering (IPO), Coinbase has posted its Q1 results for 2021. For the quarter ending March 31st, 2021, Coinbase reports top-line revenue of $1.8 billion and 56 million verified users. Coinbase is the largest digital asset exchange in the… Read More

April 6, 2021 @ 12:11 pm By JD Alois  |  

Paxos to Apply for Formal Clearing Agency License from the SEC Paxos Trust Company, a compliant blockchain infrastructure provider, has completed a same-day settlement of US-listed equity trades in partnership with Instinet and Credit Suisse. Same-day settlement is colloquially known as T+0 – currently, financial… Read More