Blockchain & Digital Assets

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

December 12, 2020 @ 3:54 pm By Omar Faridi  |  

Ethereum (ETH), the world’s largest smart contract platform, and major decentralized finance (DeFi) assets have dropped during the past week. However, DeFi-related infrastructure is getting a boost from Bitcoin (BTC), according to a report from OKCoin. During the last week, top DeFi platforms such as… Read More

December 12, 2020 @ 12:41 pm By Omar Faridi  |  

Waves (WAVES), a blockchain-based platform for developing enterprise-grade applications, has teamed up with Bonded in order to help make the decentralized finance (DeFi) space more “inclusive” and accessible to users. The Waves team noted that they’ll be working with the developers of the Bonded platform,… Read More

December 12, 2020 @ 12:05 pm By Omar Faridi  |  

Blockchain security firm CipherTrace reports that only 22% of banking industry professionals and financial investigators “feel confident” in their ability to accurately identify cryptocurrency -related payments. In a December 9, 2020, CipherTrace-ACFCS Webinar on “How Cryptocurrency Intelligence Tipped the Scales in 2020 Sanctions Evasion,” more… Read More

December 11, 2020 @ 9:15 pm By Samantha Hurst  |  

  Celsius Network, a cryptocurrency lending and borrowing platform, announced this week it has teamed up with blockchain analysis company Chainalysis to complete an audit confirming $3,318,368,196.40 of assets. According to Celsius Network, the conclusion of this audit, confirmed through Chainalysis Reactor, the investigative blockchain… Read More

December 11, 2020 @ 9:12 pm By Omar Faridi  |  

The Injective Protocol token will be listed on Tokocrypto, an Indonesia based digital assets exchange. Tokocrypto’s management noted that they intend to officially list INJ tokens beginning on December 11, 2020 (at 4:00 AM UTC). This should help with opening up “the best avenue for… Read More

December 11, 2020 @ 5:28 pm By JD Alois  |  

MicroStrategy Incorporated (Nasdaq: MSTR) has closed on an offering of $650 million of 0.750% convertible senior notes due 2025. Previously announced, MicroStrategy boosted the sale by $100 million as qualified institutional buyers purchased above the original amount. MicroStrategy estimates that the net proceeds from the… Read More

December 11, 2020 @ 1:57 pm By JD Alois  |  

Speaking at the Singapore Fintech Festival that is taking place all of this week, Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF) outlined her expectations for payments in our digital age. Georgieva highlighted the four cornerstones of digital payments – a sector of… Read More

December 11, 2020 @ 1:10 pm By Omar Faridi  |  

Kinjal Shah, a Senior Associate at San Francisco-based Blockchain Capital LLC, a VC and private equity firm that’s focused on the blockchain or distributed ledger technology (DLT) sector, notes that research shows that only around 34% of Americans still have a “fair amount of trust”… Read More

December 11, 2020 @ 10:12 am By JD Alois  |  

tZERO, a wholly owned subsidiary of Overstock (NASDAQ:OTCK), reports that it has integrated its broker-dealer with FlexTrade, an execution and order management platform, and thus D.A. Davidson & Co. may commence trading on the tZERO ATS. Davidson customers are now able to trade Overstock’s Series… Read More

December 11, 2020 @ 9:58 am By Omar Faridi  |  

The developers of the Kyber Network (KNC), which provides a tool that allows traders to exchange tokens instantly without having to use exchanges, recently released their monthly progress report. The Kyber Network team notes that 2020 is now almost behind us and it’s been a… Read More

December 11, 2020 @ 9:36 am By JD Alois  |  

The United States District Court, Southern District of California, has filed a final judgment against Blockvest LLC and founder Reginald Buddy Ringgold. The order requires the defendants to pay a civil penalty of $332,370.99 along with a disgorgement of ill-gotten gains of $363,726.91 – including… Read More

December 11, 2020 @ 8:46 am By Samantha Hurst  |  

Curv, a U.S.-based digital asset security infrastructure provider, announced on Thursday it has joined forces with ConsenSys to launch Curv DeFi, which is a decentralized finance (DeFi) solution specifically created for institutions. According to Curv, Curv DeFi builds on the company’s integration with the Compound… Read More

December 11, 2020 @ 8:18 am By Omar Faridi  |  

The United Kingdom has maintained its status as a major global Fintech hub. But will the country be able to capture a significant share of the world’s financial technology business after Brexit and can it retain its dominant status despite the challenges created by the… Read More

December 10, 2020 @ 9:26 pm By Omar Faridi  |  

High-performance blockchain platform Ontology has introduced an “Inclusive Pool” – which is the platform’s first (decentralized finance) DeFi product based on OScore. Since recently launching OScore, the “decentralized” credit system implemented on Ontology’s DeID, the team at Ontology has been working towards adding a new… Read More

December 10, 2020 @ 6:23 pm By Omar Faridi  |  

CertiK, a U.S.-based end-to-end cybersecurity solutions provider, has revealed that KardiaChain’s hybrid solution for enterprises and government agencies has been audited with CertiK. As noted by the CertiK team, KardiaChain is a public blockchain or distributed ledger technology (DLT) platform developed to handle enterprise and… Read More

December 10, 2020 @ 3:16 pm By Samantha Hurst  |  

Payments platform Adyen (AMS: ADYEN) announced on Thursday it has expanded its collaboration with Microsoft to accelerate payments innovation for both companies with the launch of Adyen Network Token Optimization. According to Adyen, the duo has been working together since July 2015, starting with European acquiring. Today,… Read More

December 10, 2020 @ 2:33 pm By Omar Faridi  |  

Michael Arrington, the Founder of Arrington XRP Capital, has pointed out that a new privacy-oriented digital currency just launched its mainnet. According to Arrington, this newly launched project, called MobileCoin, appears to have ties to chat app Signal. A new privacy coin just went mainnet… Read More

December 10, 2020 @ 11:52 am By JD Alois  |  

The US Department of Treasury has published the annual FSOC report. The Financial Stability Oversight Council convenes every year to review potential systemic risks to the financial services industry. FSOC members include the top financial services regulators including the SEC, the Fed, the OCC, etc…. Read More