Blockchain & Digital Assets

December 21, 2020 @ 7:56 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has accepted an offer to settle from ShipChain, a company that apparently raised $27.5 million in an initial coin offering (ICO) for SHIP tokens. The SEC states that ShipChain is a private company that was engaged in developing a… Read More

December 21, 2020 @ 7:08 pm By Omar Faridi  |  

UK-based Cashaa, a digital asset exchange and banking service provider, has revealed that it’s listing on KuCoin exchange in order to promote the adoption of its native CAS token. As reported in July 2020, more than $3 million in Bitcoin (BTC) were allegedly stolen from… Read More

December 21, 2020 @ 11:32 am By Samantha Hurst  |  

  Enviva, a global energy company that specializes in sustainable wood bioenergy, announced on Monday it has joined forces with blockchain company GoChain to launch a new pilot program designed to enhance the traceability of sustainable biomass. According to the duo, this pilot program identified… Read More

December 21, 2020 @ 11:21 am By JD Alois  |  

  Last month Republic, a leading investment platform and crowdfunding marketplace, announced it had acquired the assets of NextSeed small business investment platform for an undisclosed amount. NextSeed co-founder and CEO Youngro Lee became Chief Operating Officer of Republic while remaining CEO of NextSeed Securities… Read More

December 21, 2020 @ 8:51 am By JD Alois  |  

Ledger, a crypto wallet provider based in Paris, France, has apparently experienced a security breach according to a tweet from the company. Ledger stated yesterday that they have been alerted to the dump of a customer database on Raidforum. The company said that it is… Read More

December 21, 2020 @ 8:10 am By Omar Faridi  |  

Bitcoin (BTC), the leading cryptocurrency, has entered uncharted territory. The digital asset recently managed to break record highs by surpassing the $24,000 mark. Bitcoin is trading at just below $24,000 at the time of writing. John Lee Quigley, who’s focused on building Bitcoin media and… Read More

December 20, 2020 @ 8:31 pm By Omar Faridi  |  

Meltem Demirors, the Chief Strategy Officer at CoinShares, a digital asset management firm, has argued that “as evidenced by the recent corruption of all US systems, from the government to corporate, securing networks is very difficult to do persistently.” 1/ as evidenced by the recent… Read More

December 20, 2020 @ 6:30 pm By Omar Faridi  |  

Cynthia Marie Lummis Wiederspahn, an American politician and attorney who is the U.S. Senator-elect from Wyoming (having been elected to succeed Mike Enzi in 2020), reveals that she’s been doing work on the “rumored” transaction reporting rule (potentially) impacting crypto-assets (currently being contemplated by the… Read More

December 20, 2020 @ 5:27 pm By Omar Faridi  |  

As the price of Bitcoin (BTC), the flagship cryptocurrency, surpasses its previous all-time high (and recently breaking past the $24,000 mark), a new report reveals that “attitudes” toward the digital asset are “improving” with nearly one in five or 20% of Australians now “owning some”… Read More

December 19, 2020 @ 6:07 pm By Omar Faridi  |  

Gemini Trust Company, LLC (Gemini), a cryptocurrency exchange and custodian, confirmed on December 17, 2020 that this month marked the highly-anticipated launch of Ethereum 2.0 Phase 0. Although the complete implementation of Ethereum 2.0 (Eth2) will be rolled out in different phases, Gemini stated that… Read More

December 19, 2020 @ 5:09 pm By Omar Faridi  |  

The developers of blockchain platform Ontology have teamed up with Litentry in order to accelerate the adoption of decentralized identity and credit scoring solutions (both created by Ontology). Through the partnership, both organizations aim to offer greater data privacy and transparency to people using digital… Read More

December 19, 2020 @ 2:12 pm By Omar Faridi  |  

Diogo Mónica, Anchorage President and co-founder, has confirmed that Anchorage and Tokensoft are introducing two assets to the (decentralized finance) DeFi and larger Ethereum ecosystem. They include Wrapped CELO (wCELO) and cUSD (wCUSD). As mentioned in the announcement: “Through Wrapped, institutions get easy, secure DeFi… Read More

December 19, 2020 @ 1:34 pm By Omar Faridi  |  

Decentralized finance (DeFi) tokens took it “relatively slow” this past week when compared to Bitcoin (BTC) while crypto and blockchain industry developments strengthened Ethereum’s (ETH) support, according to a report from OKCoin. The digital asset exchange notes that DeFi tokens are still lagging behind BTC… Read More

December 19, 2020 @ 12:32 pm By Omar Faridi  |  

US-based digital asset exchange Kraken has announced that The Graph (GRT) trading is now available on its platform. The Kraken team confirmed that while they’re pleased to announce that The Graph (GRT) trading is being supported on their exchange, it’s currently not available in the… Read More

December 19, 2020 @ 12:29 pm By Omar Faridi  |  

On December 18, 2020, the Financial Crimes Enforcement Network (FinCEN) published a proposed rule change for digital currency transactions with “unhosted” wallets. Under the newly proposed change, banking institutions, and money services businesses (MSBs) may be required to verify customers’ identities and turn in reports… Read More

December 18, 2020 @ 10:57 pm By Samantha Hurst  |  

Hong Kong-based Crypto.com announced on Friday Crossfire, the platform’s chain, is preparing for its Mainnet launch with a final dry run. According to Crypto.com, Crossfire marks an important milestone and final step in preparation for mainnet. “Participating Validators have the opportunity to compete with each… Read More

December 18, 2020 @ 2:01 pm By JD Alois  |  

Apple Pay seems to be helping investors purchase Bitcoin, at least according to Lumi Wallet. The company reports that one week after launching with Apple Pay, Lumi Wallet saw a 209% growth of in-wallet Bitcoin purchases. Lumi believes this is due to a simpler crypto… Read More

December 18, 2020 @ 1:30 pm By JD Alois  |  

CoinDeal says it is now the first company to have obtained a Class 4 Virtual Financial Assets (VFA) Licence in Principle Approval from the Malta Financial Services Authority (MFSA). The exchange reports that it has just received a letter on 16 December 2020. CoinDeal explains… Read More

December 18, 2020 @ 12:00 pm By JD Alois  |  

Liberty Equity Management LLC has chosen Stonegate Global Fund Services in partnership with Securitize to provide tokenization services for the World’s First Net Lease Security Token FundTM. Michael Flight, CEO of Liberty Real Estate Fund, said they had vetted numerous fund administration and digitization service… Read More

December 18, 2020 @ 9:58 am By Samantha Hurst  |  

CoinEx, a global and professional cryptocurrency exchange service provider, announced on Friday it is celebrating its third anniversary by unveiling an overall system and product upgrade named “Aegis.” CoinEx reported that the upgrade significantly improves the performance and security of its underlying platform, enhances the… Read More