Blockchain & Digital Assets

March 26, 2021 @ 2:00 am By JD Alois  |  

Curve, a Fintech that offers a popular smart card and app, has joined with Theatre Support Fund+ to auction off five NFTs (non-fungible tokens) in support of London theatre. The NFT auction is scheduled to end on Friday, April 9, 2021, and Curve is encouraging… Read More

March 25, 2021 @ 11:09 pm By Omar Faridi  |  

Digital asset marketplace Coinbase has revealed that it’s planning to hire in India, a country that has been attempting to ban “private” cryptocurrencies like Bitcoin. However, the nation’s authorities recently clarified that they’re not going to shut off crypto activity completely, meaning digital currencies may… Read More

March 25, 2021 @ 10:47 pm By JD Alois  |  

Several German financial institutions announced a successful step in the direction of enabling digital securities or tokenization of securities. According to a public statement, Deutsche Börse, Deutsche Bundesbank and Germany’s Finance Agency have developed and successfully tested a settlement process for securities. using distributed ledger… Read More

March 25, 2021 @ 10:30 pm By Omar Faridi  |  

European digital asset manager CoinShares notes that as growing numbers of investors start taking Bitcoin (BTC) “more seriously,” it raises an important question: what would be an “appropriate” or ideal amount of Bitcoin in an investment portfolio? According to CoinShares research team, the “real answer”… Read More

March 25, 2021 @ 2:27 pm By Samantha Hurst  |  

Esprezzo, a no-code blockchain automation and data platform, announced on Thursday it raised $2 million through its latest investment round, which saw participation from Mark Cuban, Arrington Capital, Longley Capital, Rarestone Capital, CMS Holdings, LongHash, Youbi, TBD Angels, and Zag Capital. Founded in 2017, Esprezzo… Read More

March 25, 2021 @ 2:09 pm By Omar Faridi  |  

Ada Vaughan, who focuses on Ecosystem and Marketing Strategy at the Stellar Development Foundation (SDF), notes that in an “increasingly cashless” and global economy, the separations between the different financial systems may lead to friction when you’re operating an international business. If you carry out… Read More

March 25, 2021 @ 2:04 pm By Samantha Hurst  |  

  Celsius Network, a cryptocurrency lending and borrowing platform, announced on Wednesday it is now allowing customers to buy BTC, ETH, and other cryptocurrencies with Apple Pay.  Celsius reported its users may use a variety of payment solutions, including credit card or wire transfer, to… Read More

March 25, 2021 @ 11:12 am By JD Alois  |  

Paysafe, a digital payments platform, has partnered with Coinbase to enable users to buy and sell crypto. According to a release, Paysafe’s digital wallet Skrill will now let customers trade in crypto by using Coinbase’s white label solution. Skrill, first launched in 2018, is available… Read More

March 25, 2021 @ 7:02 am By Omar Faridi  |  

Billionaire investor Ray Dalio thinks that there’s a good chance that Bitcoin, the leading digital currency, could get banned in a manner that’s somewhat similar to when the American government decided to make it illegal to privately own gold. Dalio, who’s the founder of $150… Read More

March 24, 2021 @ 10:27 pm By Omar Faridi  |  

There’s been a lot of hype around non-fungible tokens or NFTs, with many major digital art auctions and opportunities to exchange virtual trading cards. There’s also been a lot of talk among major investors who believe that these scarce tokens may support the future of… Read More

March 24, 2021 @ 10:05 pm By Omar Faridi  |  

China’s officials have addressed concerns that the digital yuan may be violating or infringing on user privacy. They’ve looked into questions related to “controllable anonymity” as well. STCN reports that on March 20, 2021, Mu Changchun, Director of the Digital Currency Research Institute of the… Read More

March 24, 2021 @ 7:46 pm By Omar Faridi  |  

The developers of YIELD App, which allows users to deposit various crypto-assets and earn competitive returns, have published a blog post that covers the controversial Ethereum Improvement Proposal or EIP 1559, the ongoing Ethereum “miner revolt” and “what it all means” for decentralized finance (DeFi)…. Read More

March 24, 2021 @ 4:05 pm By JD Alois  |  

Digital asset firm Arca has announced the launch of the Arca Accredited Investor (AI) Bitcoin Trust. The new investment vehicle is designed for accredited investors who see to control their own Bitcoin allocation. An accredited investor is broadly defined by an individual that earns $200,000… Read More

March 24, 2021 @ 10:43 am By Omar Faridi  |  

The Security Token Group (STG), which aims to support the development of blockchain-based security tokens, recently published their February edition of the Security Token Market Real Estate Report. The Security Token Group noted in a blog posted released on March 22, 2021 that as we… Read More

March 24, 2021 @ 9:36 am By Samantha Hurst  |  

      Digital payments platform Wirex announced on Wednesday it is temporarily pausing to recruit new UK customers. According to Wirex, the temporary pause follows constructive dialogue with UK regulator, the Financial Conduct Authority (FCA). Wirex further revealed that as part of the pause, it… Read More

March 24, 2021 @ 8:23 am By JD Alois  |  

In a series of Tweets, Tesla CEO Elon Musk said consumers may now purchase a Tesla and pay with Bitcoin.   You can now buy a Tesla with Bitcoin — Elon Musk (@elonmusk) March 24, 2021 Musk went on to explain that this functionality is… Read More

March 23, 2021 @ 10:57 pm By Omar Faridi  |  

US Federal Reserve Chairperson Jerome Powell has cautioned that transacting in digital currencies such as Bitcoin can pose significant risks due to the high volatility nature of these new assets. Powell noted that virtual currencies remain highly volatile. He pointed out that Bitcoin may not… Read More

March 23, 2021 @ 3:18 pm By JD Alois  |  

CoinSquare, a Canadian crypto exchange,  has announced that it has come to terms with the Canada Revenue Agency (CRA) in regards to the information provided regarding CoinSquare users. CoinSquare notes that in late 2020, the CRA filed an application in court to compel Coinsquare to… Read More

March 23, 2021 @ 2:13 pm By Samantha Hurst  |  

  Hong Kong-based Crypto.com announced on Tuesday its virtual cards are now available in Europe. Crypto.com reported its app users may now apply for a Crypto.com Visa Card and once approved, make online purchases before their physical cards arrive. The card is issued by PayrNet Ltd… Read More

March 23, 2021 @ 1:02 pm By JD Alois  |  

American Airlines Arena in Miami will soon port a new name as a crypto exchange, FTX, has reportedly paid $135 million for naming rights of the venue that is home to the Miami Heat NBA team. NYT.com reported that the agreement is almost completed pending… Read More