Blockchain & Digital Assets

December 15, 2020 @ 8:52 pm By Omar Faridi  |  

The Fintech sector has been growing rapidly across the globe, especially following the COVID-19 outbreak which has accelerated the shift towards digital financial services. Although the Coronavirus crisis has negatively impacted certain business sectors in Europe like travel and the hospitality industry, the European Fintech… Read More

December 15, 2020 @ 7:45 pm By Omar Faridi  |  

On December 14, 2020 (at 09:40 am UTC), CertiK Skynet discovered a very large transaction from Hugh Karp, Founder of Nexus Mutual, a “people powered” alternative to insurance built on Ethereum, which transferred 370,000 NXM tokens to an unknown cryptocurrency account. The total value of… Read More

December 15, 2020 @ 6:14 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has charged Karina Chairez, said to be a promoter of the AirBit Club investment scheme that targeted Latinx and Spanish-speaking communities, for acting as an unregistered broker. The SEC notes that it previously brought similar charges against two other… Read More

December 15, 2020 @ 2:43 pm By Samantha Hurst  |  

BitPay announced on Tuesday that mobile payments app Slide Mobile Payments is adding cryptocurrency as a payment option using the digital currency platform. Slide, which was notably created by PayPal-backed company Raise Marketplace and launched earlier this year, claims to be the only mobile payment… Read More

December 15, 2020 @ 11:56 am By JD Alois  |  

Neufund, an aspiring early-stage digital asset marketplace that connects investors with early-stage firms, has announced a €4 million investment led by Atlantic Labs and Udo Schloemer (founder and CEO of Factory Berlin). Additional investors in the round include Freigeist Capital and Dario Suter (founder and… Read More

December 15, 2020 @ 10:07 am By Samantha Hurst  |  

U.S. fintech Zytara announced on Tuesday it has teamed up with Prime Trust to launch its Zytara Dollar (ZUSD) stablecoin. According to Zytara, ZUSD will be 100% collateralized with a corresponding USD held with Prime Trust, redeemable through Prime Trust at a 1:1 ratio and… Read More

December 15, 2020 @ 9:27 am By JD Alois  |  

Steve Wozniak, aka the Woz, has moved into the digital asset sector quickly generating headlines. The Apple co-founder is helping to launch Efforce, a startup seeking to “disrupt the energy efficiency market,” that kicked off with a token offering that saw a market cap hit… Read More

December 15, 2020 @ 8:20 am By Omar Faridi  |  

The Security Token Group (STG), a team of professionals focused on re-inventing capital markets with blockchain-enabled security tokens, have published their very first Security Token Market Real Estate Report. The security token market, as tracked on stomarket.com, hosts live-trading data from 26 different security token… Read More

December 14, 2020 @ 11:46 pm By Omar Faridi  |  

The Bitcoin (BTC) mining machine market is heating up, according to the team at HASHR8 Inc, a cryptocurrency mining and media firm that aims to support the “decentralized growth” of hashrate (or computing power used to secure digital currency networks) while enhancing the security of… Read More

December 14, 2020 @ 7:45 pm By Omar Faridi  |  

Researchers at Coinbase recently looked at Ethereum (ETH) competitors (often referred to as Ethereum “killers”) and several other new blockchain or distributed ledger technology (DLT) platforms. Ryan Yi and Justin Mart from Coinbase Ventures analyzed the current landscape of DLT-powered smart contract platforms and emerging… Read More

December 14, 2020 @ 7:42 pm By Omar Faridi  |  

Peer to peer (P2P) Bitcoin exchange Paxful has confirmed that ID verification will soon become mandatory for many different countries beginning this month (December 2020). Paxful claims it’s one of the few crypto-asset marketplaces that strictly enforce KYC (Know Your Customer) verification checks and procedures…. Read More

December 14, 2020 @ 4:15 pm By JD Alois  |  

Republic has revealed its next funding vertical today in a unique venture with Avalanche and Roche Cyrulnik Freedman, LLP. Initial Litigation Offerings or “ILO” will soon bring the multi-billion dollar asset class to retail investors, according to a blog post. In fact, the first ILO… Read More

December 14, 2020 @ 1:54 pm By Samantha Hurst  |  

UK/Spain-based fintech Nebeus announced on Monday the launch of its new product, Crypto Renting. Nebeus describes Crypto Renting as a unique product in the fintech and crypto industries that allows cryptocurrency owners to get passive earnings from their crypto without selling it. “Crypto Renting, from… Read More

December 14, 2020 @ 10:48 am By Samantha Hurst  |  

  DigitalMint, a U.S.-based Bitcoin point-of-sale provider, announced on Monday it has formed a strategic long-term partnership with Kerma Tech, a Southeast ATM operator, to provide consumers access to cryptocurrency across several states, including Georgia, Tennessee, and Indiana.  According to the DigitalMint, the initial launch with Kerma Tech calls… Read More

December 14, 2020 @ 8:49 am By Omar Faridi  |  

As the digital asset market approaches the end of 2020, Kraken Intelligence (part of US-based cryptocurrency exchange Kraken) has released a report titled, “Crypto Yields – A Simple Breakdown.” The report notes that interest rates on “risky opportunities” are a function of a “risk-free” rate… Read More

December 13, 2020 @ 8:24 pm By Omar Faridi  |  

The UK’s Financial Conduct Authority (FCA) has issued “Three Wise Warnings” for the nation’s consumers. The financial regulator has cautioned that customers should look out for loan fee fraud this Christmas or holiday season. The FCA notes that if you’ve been asked to pay some… Read More

December 13, 2020 @ 8:00 pm By Omar Faridi  |  

The COVID-19 pandemic reshaped consumer mentality and habits, especially as it relates to people’s financial needs. But it remains unclear what new habits born out of necessity are here to stay and what will vanish as the pandemic grinds to an eventual halt. We recently… Read More

December 13, 2020 @ 7:23 pm By Omar Faridi  |  

CertiK, a U.S.-based end-to-end cybersecurity solutions provider, has confirmed that the $BOOST governance token, which includes its functionality with “a plethora” of native smart contracts like Boost treasury, Boost token rewards, Controller, and Vault has been “successfully” audited with CertiK. The CertiK team claims that… Read More

December 13, 2020 @ 6:55 pm By Omar Faridi  |  

Siam Commercial Bank (BKK:SCB) has partnered with Lightnet to provide cross-border fund transfer services from South Korea to Thailand. As a digital banking service provider, Siam Commercial Bank (SCB) is focused on continuously updating its Fintech capabilities. SCB will now be working with the Lightnet… Read More

December 12, 2020 @ 4:43 pm By Omar Faridi  |  

The developers of Aave, an open-source and non-custodial decentralized finance (DeFi) protocol for earning interest on digital asset deposits while also being able to borrow assets, recently noted that as part of the platform’s focus on security and transparency, the Aave Genesis team will be… Read More