Blockchain & Digital Assets

November 15, 2020 @ 4:26 pm By Omar Faridi  |  

Binance, the world’s largest digital asset exchange, says it hasn’t seen Bitcoin (BTC) this “expensive” since December 2017. The leading blockchain firm along with the rest of the crypto industry is now wondering whether Bitcoin will be setting another all-time high (after trading for nearly… Read More

November 14, 2020 @ 8:04 pm By Omar Faridi  |  

Estonia-based Fintech firm RAISON has acquired €125,000 in capital in order to add new features to its investment app. Tallinn-headquartered RAISON is focused on creating a mobile application for investments in private firms. The Fintech company’s management confirmed that the recent investment was made by… Read More

November 14, 2020 @ 4:26 pm By Omar Faridi  |  

After experiencing a strong correction earlier this month, leading decentralized finance (DeFi) tokens have been able to recover strongly, OKCoin reports. The San Francisco-based crypto exchange notes that DeFi tokens crashed in late-October 2020 and were performing poorly earlier this month as investors appeared to… Read More

November 14, 2020 @ 2:52 pm By Omar Faridi  |  

Blockchain security firm Ciphertrace has noted that FinCEN’s suggested rule change for the Travel Rule Threshold would “more than double” compliance events for US-based virtual asset service providers or VASPs. CipherTrace confirms that FinCEN had released a proposed rule change (in October 2020). The recommendation… Read More

November 13, 2020 @ 9:47 pm By Samantha Hurst  |  

Glint Pay Inc. (Glint), a subsidiary of the U.K.-based fintech company that makes gold an alternative global currency by enabling its clients to buy, sell, save and spend their physical gold instantly through the Glint Debit Mastercard and Glint App, reportedly secured £2.5 million through… Read More

November 13, 2020 @ 7:00 pm By Omar Faridi  |  

We recently caught up with Humayun Sheikh, CEO of Fetch.ai, an organization that’s focused on developing machine learning and AI-enhanced solutions for the emerging decentralized finance (DeFi) sector along with offering services that may be compatible with traditional financial platforms. Sheikh commented on the recent… Read More

November 13, 2020 @ 11:52 am By JD Alois  |  

The World Trade Organization and Trade Finance Global have joined together in publishing an update on global trade and the impact of blockchain or distributed ledger technology (DLT) on this sector of commerce. Global trade, and trade finance, remains a bit of an analog process…. Read More

November 13, 2020 @ 11:12 am By Omar Faridi  |  

Binance Launchpool, a new project designed to bring the decentralized finance (DeFi) experience to the crypto exchange’s users, has introduced a project, called Unifi Protocol DAO (distributed autonomous organization), which is “a working multi-chain smart-contract based DeFi solution.” As explained by the Binance team, Unifi… Read More

November 13, 2020 @ 10:02 am By Samantha Hurst  |  

U.S.-based cryptocurrency exchange PayBito announced on Friday it has upgraded its trading platform by offering new features for an improved user experience. According to PayBito, the new enhancements include a global order book for the traders to receive direct market access. “The direct market access by PayBito… Read More

November 13, 2020 @ 9:33 am By JD Alois  |  

Deutsche Bank’s research division is out with an edition of Konzept that tackles contemporary political and economic issues while looking towards the future. One area of focus is digital innovation and how it impacts the European Union’s ability to compete – globally. According to Deutsche… Read More

November 13, 2020 @ 8:54 am By Omar Faridi  |  

Chainalysis, a leading blockchain analysis firm, has introduced an asset realization program to assist government departments and insolvency practitioners with handling, storing, “realizing,” and monitoring seized assets. As mentioned in a blog post by Chainalysis, this announcement has come soon after the largest ever seizure… Read More

November 12, 2020 @ 9:30 pm By Samantha Hurst  |  

Global blockchain payments provider BitPay announced on Thursday the launch of BitPay Send. According to BitPay, BitPay Send is described as a new mass payout service that enables organizations of all sizes to pay employees, affiliates, customers, vendors, contractors, and others with cryptocurrency. The service… Read More

November 12, 2020 @ 5:17 pm By JD Alois  |  

The Chilean securities regulator, the Comision Para El Mercado Financiero (CMF), has posted draft regulations for Fintech including investment crowdfunding rules. The objective is to provide a regulatory framework for online capital formation. The CMF believes that a proportional, tech-neutral, framework will promote innovation in… Read More

November 12, 2020 @ 1:49 pm By JD Alois  |  

Fusang, a  Labuan-based Fintech, has partnered with the China Construction Bank to issue $3 billion worth of bonds utilizing blockchain technology. According to Fusang: “The Issuer is a special purpose vehicle and its principal activity is to establish the commercial paper programme of up to… Read More

November 12, 2020 @ 1:26 pm By JD Alois  |  

Bitfinex Borrow is a newly announced a peer-to-peer crypto lending platform launched by Bitfinex. According to a blog post, Bitfinex Borrow allows users to leverage token holdings to secure a loan that can be used for trading or be withdrawn from the platform. Borrowers may… Read More

November 12, 2020 @ 10:32 am By JD Alois  |  

As the COVID-19 health crisis lingers, e-commerce continues to boom. Social distancing, lockdown, and WFH have accelerated the digital transformation. E-commerce platforms have benefited dramatically from the pandemic along with affiliated digital payments. A survey completed by Plutus, a decentralized reward system, claims that crypto… Read More

November 12, 2020 @ 8:10 am By Omar Faridi  |  

Sygna Bridge, the “market-ready” solution provider developed specifically for Virtual Asset Service Providers (VASPs) to fulfill the Financial Action Task Force (FATF) Recommendation 16’s “Travel Rule,” has confirmed that Switzerland-based online bank Dukascopy Bank SA has joined its network of over 20 VASPs operating across… Read More

November 11, 2020 @ 11:43 pm By JD Alois  |  

Danal Fintech, a subsidiary of Danal , a large payment company in South Korea, has joined the ICON blockchain ecosystem. Danal accounts for half of the market share in mobile billings, equivalent to $5.5 billion USD annually. Danal Fintech focuses on blockchain-based payment solutions and launched… Read More

November 11, 2020 @ 11:14 pm By Omar Faridi  |  

Anchorage, a company that aims to help institutional clients with adopting digital assets, has announced that it has passed another significant milestone on its journey as the leading crypto-asset platform for institutional investors. Jennifer Lee, Head of Compliance at Anchorage, confirmed that the company has… Read More

November 11, 2020 @ 8:16 pm By Omar Faridi  |  

CoinList, a top primary digital asset issuance platform, has announced that it will be listing Compound (COMP) and Celo Dollars (cUSD). The CoinList team stated that their customers are always asking them to add support for new high-quality digital assets. That’s why CoinList decided to… Read More