Blockchain & Digital Assets

March 12, 2021 @ 5:54 pm By Omar Faridi  |  

Despite a few weeks’ break from their regulatory assessments, the BitOoda team says it has been regularly monitoring the crypto industry and engaging in the ongoing advancement of the US regulatory landscape. BitOoda notes that the recent developments they’ve followed are: New York Attorney General… Read More

March 12, 2021 @ 1:18 pm By JD Alois  |  

Binance, the largest crypto asset trading platform in the world, has announced Binance Pay – a new payment feature of the Binance App. Binance Pay had been in soft launch for the past month and is now available for all users following a beta period… Read More

March 12, 2021 @ 1:10 pm By JD Alois  |  

In January, BlockFi filed a Form D 506c for BlockFi Bitcoin Trust. Beyond a move to raise capital, the securities filing disclosed little as the first sale had yet to occur. Today, two more Form Ds have appeared on the Securities and Exchange Commission’s document… Read More

March 12, 2021 @ 12:42 pm By JD Alois  |  

Binance, the largest cryptocurrency trading platform in the world, has garnered the scrutiny of the US Commodity Futures Trading Commission (CFTC), according to a report. Binance has emerged as a leading crypto trading platform and innovator in the digital asset sector. If you look at… Read More

March 12, 2021 @ 12:03 pm By Omar Faridi  |  

Blockchain security firm CipherTrace notes that its Traveler product has been developed to assist virtual asset service providers or VASPs with adhering to the international “Travel Rule” regulations by securely sharing digital currency transaction details with other “vetted” VASPs. CipherTrace explains that its tools are… Read More

March 12, 2021 @ 10:33 am By Omar Faridi  |  

Spencer Schiff, who is the son of one of Bitcoin’s most vocal critics, Peter Schiff, has reportedly decided that he’ll be moving 100% of his investment portfolio into BTC, the leading digital currency. My son @SpencerKSchiff's latest #Bitcoin buy resulted in a follow by @jack…. Read More

March 12, 2021 @ 8:20 am By Samantha Hurst  |  

Boson Protocol, a project using smart contracts to power real-world commerce, announced on Thursday it has secured an additional $10 million. The latest investment comes less than six months after Boson Protocol closed its SAFE (Simple Agreement For Equity) funding round, raising $350,000 (£270,000).  The… Read More

March 12, 2021 @ 8:06 am By Samantha Hurst  |  

  Celsius Network, a cryptocurrency lending and borrowing platform, announced earlier this week it has validated more than $10,426,308,071.50 worth of cryptocurrency assets using third-party validation tools. The latest milestone comes just a few months after Celsius conducted its first-ever asset verification report using the… Read More

March 11, 2021 @ 11:10 pm By Omar Faridi  |  

South Korean authorities have stated that they’re planning to impose heavy penalties or fines on individuals and businesses violating applicable guidelines for cryptocurrency transactions. The Korean financial regulator stated that it would impose a fine on virtual currency exchanges if they fail to report suspicious… Read More

March 11, 2021 @ 10:06 pm By Samantha Hurst  |  

Cryptocurrency exchange bitFlyer announced on Thursday its service is now available in the state of Connecticut. bitFlyer reported that its subsidiary, bitFlyer USA, will provider Connecticut residents with buying and selling services for digital assets, which includes Bitcoin and Ethereum, without high priced fees. bitFlyer also… Read More

March 11, 2021 @ 9:51 pm By Samantha Hurst  |  

FalconX, a U.S.-based digital asset trading platform, has reportedly secured a $50 million investment from Tiger Global and B Capital Group. The investment notably comes just a few months after secured funding from American Express Ventures. According to FalconX, American Express Ventures joined existing investors… Read More

March 11, 2021 @ 2:41 pm By Samantha Hurst  |  

  New York Financial Services Superintendent Linda A. Lacewell announced on Thursday the New York State Department of Financial Services (DFS) has approved the application of Bakkt Marketplace, LLC, a wholly-owned subsidiary of Bakkt Holdings, LLC, for virtual currency and money transmitter licenses. According to… Read More

March 11, 2021 @ 11:21 am By JD Alois  |  

The Canadian Securities Administrators (CSA) has provided guidance on disclosure provided by issuers of crypto assets. The CSA is a group that represents provincial securities regulators. In Canada, there is no federal agency overseeing the securities sector. According to the CSA, in Canada, most crypto-asset… Read More

March 11, 2021 @ 11:08 am By JD Alois  |  

The Securities and Exchange Commission (SEC) has filed an emergency action and obtained a temporary restraining order and asset freeze against Shawn C. Cutting. The SEC alleges that Cutting raised millions of dollars by falsely claiming to be a financial adviser with securities licenses, overstating… Read More

March 11, 2021 @ 10:30 am By JD Alois  |  

Beeple’s the First 5000 Days has sold for $69,346,250 on Christie’s today. The NFT (non-fungible token) represents a record for digital art and as one Tweet reports one of the most expensive art auctions of all time. According to the Lot Essay, in May 2007,… Read More

March 11, 2021 @ 9:59 am By JD Alois  |  

Digital Currency Group (DCG) the parent company of Grayscale Investments, has authorized the purchase by DCG of up to $250 million worth of shares of Grayscale Bitcoin Trust (OTCQX: GBTC). The purchase by DCG will be made on the open market, at management’s discretion, and… Read More

March 11, 2021 @ 9:22 am By JD Alois  |  

BlockFi, a digital asset platform that is on a mission to bridge old finance and crypto, has raised a huge $350 million Series D funding round. The new money was led by big-name investors including Bain Capital Ventures, partners of DST Global, Pomp Investments and… Read More

March 10, 2021 @ 6:56 pm By Omar Faridi  |  

NFL tight end Rob Gronkowski has decided to enter the blockchain-based digital collectible space by introducing his own non-fungible tokens (NFTs). The National Football League athlete has teamed up with NFT marketplace provider OpenSea to launch five different digital trading cards that feature memorable Super… Read More

March 10, 2021 @ 5:28 pm By JD Alois  |  

Symbridge, a digital asset exchange for institutional traders and accredited investors, has hired David Josse, a former Goldman Sachs executive, as its Chief Technology Officer (CTO), according to a release. Symbridge is not quite live and operating in alpha mode. Symbridge says it combines blockchain… Read More

March 10, 2021 @ 3:17 pm By Samantha Hurst  |  

Digital asset exchange Bitfinex announced on it has launched paper trading for the Honey Framework. The launch enables Bitfinex users to “test drive” automated trading strategies in a simulated environment without putting real funds at risk. “Users can use the Honey Framework to create custom… Read More