Blockchain & Digital Assets

February 10, 2021 @ 2:01 pm By Samantha Hurst  |  

Celo, an open-source blockchain ecosystem focused on making decentralized financial (DeFi) systems and tools accessible to anyone with a smartphone, today announced $20 million in new backing from purchasers and partners including Andreessen Horowitz, Greenfield One, and Electric Capital.  Celo reported that to date, it has… Read More

February 10, 2021 @ 11:29 am By JD Alois  |  

Speaking about the ongoing digital transformation of financial services the Chairman of the French Autorité des Marchés Financiers (AMF), Robert Ophèle, commented on the emergence of crypto assets (digital assets) for both non-securities and securities. Ophèle first noted the ongoing COVID health crisis has helped… Read More

February 10, 2021 @ 10:58 am By JD Alois  |  

The UK National Crime Agency (NCA), working in concert with the US Secret Service, Department of Homeland Security, Federal Bureau of Investigation, and Santa Clara DA’s Office, have arrested eight men, aged 18 to 26, in England and Scotland in regards to SIM Swap hacks… Read More

February 10, 2021 @ 8:58 am By JD Alois  |  

Nexo, a crypto lending platform and exchange, says that assets under management have “surged” to more than $4 billion. The comments may come as no surprise as Bitcoin has rocketed to new highs as Tesla announced it had purchased $1.5 billion in BTC and expectations… Read More

February 9, 2021 @ 10:25 pm By Omar Faridi  |  

The team at Blockchain.com, a leading crypto wallet service, block explorer, and trading platform notes that Vladimir Ilyich Lenin (the Russian revolutionary who founded the Soviet Union) had said that there are “decades where nothing happens; and there are weeks where decades happen.” Blockchain.com writes… Read More

February 9, 2021 @ 9:15 pm By Omar Faridi  |  

The team at Security Token Markets (STM), which is focused on re-inventing capital markets with blockchain-based security tokens, has published its monthly market report for January 2021. The report reveals that the total security token market cap reached $504,304,199 to close the month of January… Read More

February 8, 2021 @ 11:54 pm By Omar Faridi  |  

Last week, the “next-generation” securities exchange MERJ had revealed that they would be collaborating with the team at RedBlock Capital, which aims to focus on promoting the adoption of digital securities in major jurisdictions. Both companies are pioneers in the digital securities sector, and both… Read More

February 8, 2021 @ 11:10 pm By Omar Faridi  |  

The US State of Nevada will reportedly be allowing tech giants to launch their own governments in order to collect taxes, establish school districts and courts as well, presumably in an attempt to attract more large firms. The very first “smart city’ could be launched… Read More

February 8, 2021 @ 9:04 pm By Omar Faridi  |  

Li Jun, Founder of Ontology and the SAGA Protocol, notes that we’re now living through an “activist period” of data regulation that will most likely dictate how our economies function for “generations to come.” Jun pointed out that most industries have “precedents” for regulation that… Read More

February 8, 2021 @ 8:57 pm By Omar Faridi  |  

Crypto billionaire Jihan Wu recently announced his departure from Bitmain, one of the world’s leading Bitcoin mining firms. Bitmain co-founder Micree Zhan has also managed to regain control of the leading Bitcoin mining conglomerate after fellow co-founder Wu tweeted a “coded” message explaining the “end… Read More

February 8, 2021 @ 4:20 pm By JD Alois  |  

The big story today is that Elon Musk’s Tesla (NASDAQ:TSLA) has purchased $1.5 billion in Bitcoin. The information was disclosed in a 10-K filing with the Securities and Exchange Commission. While the exact timing of the purchase was not disclosed, Tesla is most certainly in… Read More

February 8, 2021 @ 3:29 pm By Samantha Hurst  |  

    Bitstocks, a UK-based bitcoin market advisory and cryptocurrency investment firm, is set to close its equity crowdfunding campaign on Crowdcube with more than £1 million raised from 1735 Crowdcube investors. As previously reported, Bitstocks stated that while it serves as an investment house for… Read More

February 8, 2021 @ 11:18 am By Samantha Hurst  |  

  Canadian cryptocurrency platform Coinsquare announced on Monday the launch of its new Quick Trade mobile app. The simple to use app makes buying and selling digital assets quick and convenient, with customers able to easily manage their portfolio of digital assets.  According to Coinsquare, The… Read More

February 8, 2021 @ 10:33 am By JD Alois  |  

  Bitcoin is hitting new highs today fololowing a 10-K filed by Tesla (NASDAQ:TSLA) that revealed it had purchased $1.5 billion in Bitcoin and may purchase other digital assets in the future. Simultaneously, Tesla said they expect to commence accepting Bitcoin as a method of… Read More

February 8, 2021 @ 9:52 am By Omar Faridi  |  

Aave (AAVE), an open-source and non-custodial protocol to earn interest on deposits and borrow assets, handled $2 billion in flash loans in 2020. Aave is basically a borrowing and lending platform that supports flash loans, which are “rapidly executed loans borrowed that are paid back… Read More

February 8, 2021 @ 8:27 am By Omar Faridi  |  

Elizabeth McGrath from digital bank Revolut notes that the company is rolling out new features such as candlestick charts and Group Vault controls. McGrath confirms that clients will now be able to track crypto and commodities price movements “by the hour” with Revolut’s new candlestick… Read More

February 8, 2021 @ 7:54 am By JD Alois  |  

Tesla (NASDAQ:TSLA) has purchased $1.5 billion of Bitcoin, according to a 10-K filed with the Securities and Exchange Commission (SEC). The decision was approved by the Audit Committee of our Board of Directors. Shares in Tesla traded higher in pre-market trading. Tesla said that under… Read More

February 7, 2021 @ 8:29 pm By Omar Faridi  |  

Deepika, who writes blog posts for LocalBitcoins, a peer-to-peer Bitcoin exchange, has asked whether there are any small business owners in India that accept BTC as a form of payment for goods and services. Deepika notes that it can be inconvenient when a small business… Read More

February 7, 2021 @ 6:08 pm By Omar Faridi  |  

BlockFi, a financial services firm offering wealth management products that crypto investors require via a platform powered by blockchain technology, had recently launched an over-the-counter or OTC desk for institutional or ultra-high-net-worth-individuals (those who have at least $30 million in assets). Jason Williams, a long-time… Read More

February 7, 2021 @ 5:53 pm By Omar Faridi  |  

Chintai, which offers digital asset technology for capital markets, recently explained why it’s important to know about “geo-fencing” when engaging with regulated crypto-assets and related products and services. Chintai claims that EOSIO software, which powers major blockchains such as EOS,  and ProFi (or programmable finance,… Read More