Blockchain & Digital Assets

December 7, 2020 @ 7:51 pm By Omar Faridi  |  

Jameson Lopp, CTO at Bitcoin (BTC) focused firm Casa, notes that large to mid-sized corporations using Bitcoin as a primary reserve asset in their treasuries has become quite a hot topic this year, mainly because of business intelligence firm Microstrategy’s “all-in” move. There’s also the… Read More

December 7, 2020 @ 4:06 pm By JD Alois  |  

Blockstack, a digital asset issuer that pursued a Reg A+ offering for its tokens (STX), believes the token is sufficiently decentralized to no longer be considered a security, according to a memo drafted by Blockstack’s lawyers. Blockstack was the first token issuer to have a… Read More

December 7, 2020 @ 12:38 pm By Omar Faridi  |  

US-based digital asset exchange Kraken has announced that it will allow clients to stake their Ethereum (ETH) on its crypto trading platform. After staking their funds, users will be able to earn rewards of “approximately 5% to 17%,” Kraken confirmed. The network reward is “variable… Read More

December 7, 2020 @ 11:19 am By JD Alois  |  

BIGG Digital Assets Inc. (CSE: BIGG; OTCQB: BBKCF), owner of Netcoins a Canadian crypto brokerage is reporting that November 2020 trading volumes (purchase and sales of cryptocurrency) have exceeded CAD $23 million, setting a new monthly record. BIGG says that the Netcoins trading platform has… Read More

December 7, 2020 @ 10:10 am By JD Alois  |  

Bittrex Global is now offering trading in tokenized equities on its digital asset exchange in cooperation with DigitalAssets.AG. Account-holders may now trade a shortlist of popular stocks like Apple, Tesla, Google, etc. DigitalAssets.AG is based in Switzerland and facilitates the tokenization of traditional financial assets…. Read More

December 7, 2020 @ 9:45 am By Omar Faridi  |  

LocalBitcoins, a global peer to peer (P2P) Bitcoin exchange, notes that its platform allows users to invest in BTC which is notably one of the best-performing assets of 2020. The LocalBitcoins team confirms in a blog post: “According to our data, our main markets are… Read More

December 7, 2020 @ 9:13 am By JD Alois  |  

Arca Labs, part of Arca a digital asset firm leveraging blockchain for the securities industry, has partnered with multiple digital asset custody providers. The partners include: Anchorage, TokenSoft, Gemini, Ledger, and Komainu. The group of custody firms will also support ArCoin that is backed by… Read More

December 7, 2020 @ 7:27 am By Omar Faridi  |  

China is reportedly handing out around $3 million of digital yuan as JD.com notably becomes the first online platform to begin accepting the virtual currency. As first reported by CNBC, Chinese digital commerce company JD.com confirmed that it will become the first major online platform… Read More

December 6, 2020 @ 6:39 pm By JD Alois  |  

  This past week, House Representative Rashida Tlaib, along with Representatives Jesús “Chuy” García and Chairman of Task Force on Financial Technology Stephen Lynch, introduced the Stablecoin Tethering and Bank Licensing Enforcement (STABLE) Act (HR 8827). The goal of the legislation is to protect consumers… Read More

December 6, 2020 @ 5:23 pm By Omar Faridi  |  

1inch, a decentralized cryptocurrency exchange aggregator that recently secured $12 million via an investment round, has announced that it’s sponsoring the Gitcoin Grants Round 8 Hackathon. The 1inch team notes that they’re looking forward to supporting developers who are working on innovative (decentralized finance) DeFi… Read More

December 6, 2020 @ 4:24 pm By Omar Faridi  |  

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 blockchains, has confirmed that Bitcoin has broken record highs and sentiment… Read More

December 6, 2020 @ 3:21 pm By Omar Faridi  |  

Polkadot (DOT), a “decentralized” Web 3.0 compatible, blockchain interoperability initiative, has announced the launch of a new project to support greater decentralization. The Polkadot team has invited developers to join its Thousand Validators Program. The Web3 Foundation has established a Thousand Validators Program for Polkadot…. Read More

December 6, 2020 @ 2:50 pm By Omar Faridi  |  

The development team at Cardano (ADA), a major DLT network for building decentralized applications or dApps, notes that the platform’s development has been conceived as “a journey involving five overlapping development themes, each of which is underpinned by a consensus protocol – Ouroboros.” Kevin Hammond,… Read More

December 5, 2020 @ 4:11 pm By Omar Faridi  |  

Blockchain analysis firm Chainalysis notes that global darknet markets have long “fascinated” the general public, beginning with the infamous Silk Road, which represented around 20% of all Bitcoin (BTC) related activity during its “heyday” back in 2013. But since that time, these illicit activities account… Read More

December 5, 2020 @ 2:01 pm By Omar Faridi  |  

Last month, the digital asset markets were “on a tear” as many cryptocurrencies experienced significant gains, Binance notes in its market report. The leading digital currency exchange confirms that Bitcoin (BTC) continues to dominate global headlines as its price surged from below $14,000 on November… Read More

December 5, 2020 @ 12:37 pm By Omar Faridi  |  

Chainlink (LINK), a “decentralized” Oracle network that securely connects various blockchain-based smart contracts with data from “the real world,” has announced that it has awarded a grant to Anyblock Analytics, a Germany-based infrastructure provider and development “shop” for blockchain-powered solutions. According to a blog post… Read More

December 4, 2020 @ 4:41 pm By Omar Faridi  |  

Blockchain platform VeChain (VET) has updated the E-HCert App so that it may go beyond maintaining COVID-19 records while onboarding another hospital based in Cyprus. As mentioned in a blog post by VeChain, the Coronavirus crisis has shown the world the true value of digital… Read More

December 4, 2020 @ 2:13 pm By JD Alois  |  

DealBox has made the leap from Stellar to Tezos and the company completed the process with the assistance of Vertalo. DealBox is a digital security platform that facilitates tokenization as well as investment crowdfunding. In migrating from Stellar, DealBox leveraged Vertalo’s digital transfer agent while… Read More

December 4, 2020 @ 11:54 am By Omar Faridi  |  

US-based digital asset exchange Coinbase has revealed that it’s focused on building “state-of-the-art” machine learning (ML) technology with “efficient” execution for the crypto and blockchain-focused economy. Catalin Tiseanu, an engineer working at Coinbase, writes in a blog post that the digital assets firm leverages machine… Read More

December 4, 2020 @ 7:51 am By Omar Faridi  |  

We recently connected with Scott Freeman, Co-Founder and Partner at JST Capital, a New York-based financial services firm currently focused on the digital asset market. The partners of JST have spent more than twenty years working in the traditional financial services sector. They’ve now entered… Read More