Blockchain & Digital Assets

March 31, 2021 @ 12:53 pm By JD Alois  |  

IOHK, a blockchain research and development company and the developers of the Cardano blockchain, reports that as of today (22:44:51 BST) Cardano block production has been successfully decentralized. IOHK states that they will no longer produce any blocks on Cardano, with the responsibility now fully… Read More

March 31, 2021 @ 12:25 pm By JD Alois  |  

RealT, a US-based real estate investment platform, has chosen Bridge Protocol, the open-source asset tokenization technology by Switzerland-based Mt Pelerin to aid in its issuance of digital securities. RealT seeks to make access to property investments via tokenization. According to RealT, investors may participate in… Read More

March 31, 2021 @ 9:55 am By Samantha Hurst  |  

  Uphold, a U.S.-based digital finance platform, announced on Wednesday it is set to acquire U.S. broker-dealer JNK Securities following regulatory approval from the Financial Industry Regulatory Authority (FINRA).  Founded in 1993, JNK Securities is an execution-only trading firm with direct market access to the listed… Read More

March 31, 2021 @ 8:33 am By JD Alois  |  

Goldman Sachs (NYSE:GS) is expected to soon allow investing in digital assets according to a report by CNBC. The report mentions Mary Rich, Global Head of Digital Assets at Goldman Sachs, as stating the bank will offer a “full-spectrum” of digital assets including Bitcoin, other… Read More

March 30, 2021 @ 11:53 pm By Omar Faridi  |  

The Centre Consortium, an entity established by global Fintech firm Circle and Coinbase, reports that the first quarter of this year has been one of “explosive growth” for Centre and for the USDC stablecoin, which is the world’s “most trusted” stablecoin (according to Centre Consortium)…. Read More

March 30, 2021 @ 10:50 pm By Omar Faridi  |  

Cere Network (Cere), which claims to be the first Decentralized Data Cloud (DDC) platform, recently announced a $5 million private round and the official launch of their platform to application developers. Republic Labs, part of Republic, syndicated the deal. The $5 million round included the… Read More

March 30, 2021 @ 9:32 pm By Omar Faridi  |  

The team at Blockchain.com, a leading crypto wallet provider, trading platform and block explorer service that recently acquired an additional $300 million in capital, notes that in the crypto space, “one month can feel like an entire quarter — a lot happens.” Blockchain.com points out… Read More

March 30, 2021 @ 4:34 pm By Omar Faridi  |  

DeFiChain, a blockchain platform on the Bitcoin network that is focused on “decentralized monetary applications,” has revealed the launch of an ERC-20 standard token called DFI on the Ethereum (ETH) blockchain. As mentioned in an update shared with CI, the new ERC-20 token aims to… Read More

March 30, 2021 @ 12:41 pm By Samantha Hurst  |  

Bakkt Holdings, LLC, a U.S.-based digital asset marketplace, announced on Tuesday the launch of its new Bakkt App. According to Bakkt, the Bakkt App is a digital wallet that brings Bitcoin and other forms of digital assets into one platform. “The Bakkt App gives consumers the power to use… Read More

March 30, 2021 @ 11:00 am By Ariel Glasner and Amit Roitman  |  

President Joe Biden’s young administration is poised to deliver heightened – and perhaps unprecedented – regulatory scrutiny of the exploding Fintech industry.  The groundwork for a more active regulatory regime has been set over the course of the past decade.  Prior administrations harnessed existing enforcement… Read More

March 30, 2021 @ 9:43 am By Samantha Hurst  |  

OANDA Global Corporation, a UK-based online multi-asset trading services platform, announced on Tuesday the acquisition of Polish broker, Dom Maklerski TMS Brokers SA (TMS). The purchase was notably approved by the Polish Financial Supervision Authority.  According to OANDA, TMS allows clients to invest in the… Read More

March 30, 2021 @ 9:07 am By Samantha Hurst  |  

    PayPal Holdings, Inc. (NASDAQ:PYPL) announced on Tuesday the launch of Checkout with Crypto, a new feature that allows customers in the U.S. to check out with cryptocurrency along with other payment methods through the PayPal mobile wallet. “Building on the ability to buy,… Read More

March 30, 2021 @ 8:33 am By JD Alois  |  

The Ontario Securities Commission (OSC) has issued a statement that crypto trading platforms must be in compliance with existing securities law or they fact potential regulatory action. This news arrives around the same time the Canadian Securities Administrators (CSA) and the Investment Industry Regulatory Organization… Read More

March 29, 2021 @ 11:45 pm By JD Alois  |  

Ripple has agreed to acquire a 40% stake in cross-border payments Fintech Tranglo, according to a public release. Tranglo, based in Malaysia but operates across Asia, reports 1300 partners having completed 20 million transactions at $4 billion in value. Tranglo claims to be one of… Read More

March 29, 2021 @ 11:00 pm By Omar Faridi  |  

Last week, the developers of Uniswap, a leading non-custodial Ethereum token exchange, announced that they had officially launched Version 3.0 of the platform. The Uniswap team reminded users that Version 1.0 was introduced back in November 2018 as a proof of concept for automated market… Read More

March 29, 2021 @ 10:47 pm By Omar Faridi  |  

The US Federal Reserve’s Digital Dollar initiative may be of concern to Wall Street, according to a report from Bloomberg. The financial services sector may have to prepare for what might be its most significant disruption during the past few decades, according to the report…. Read More

March 29, 2021 @ 10:08 pm By Omar Faridi  |  

Singapore-based #dltledgers, a blockchain or distributed ledger technology (DLT) platform for conducting cross-border trade, trade finance, and handling supply chain digitization, has secured $7 million in capital through a Series A round. The firm’s investment round was led by Regis and Savoy Capital, Vittal, Walden… Read More

March 29, 2021 @ 9:58 pm By Omar Faridi  |  

The developers of the Mina Protocol recently shared how they’re creating a private gateway between the “real world” and “crypto.” The development team noted in a blog post: “At Mina, our ambition is to design technology that empowers people. To rebalance the scales and give… Read More

March 29, 2021 @ 9:43 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has charged LBRY with conducting an offering of digital assets deemed to be unregistered securities. LBRY is a blockchain-based company that is working on a digital marketplace, using its native currency LBC, for content such as images, video, audio,… Read More

March 29, 2021 @ 11:25 am By JD Alois  |  

The Canadian Securities Administrators (CSA) and the Investment Industry Regulatory Organization of Canada (IIROC) have jointly published a notice outlining securities law requirements that apply to crypto-asset trading platforms (or CTPs) and how they may be tailored by regulators, according to a public statement. The… Read More