Blockchain & Digital Assets

September 25, 2020 @ 3:41 pm By JD Alois  |  

Wyoming is one of several US states that does not assess a state income tax. In the past few years, there has been an exodus of both individuals and companies to these business-friendly states as people vote with their feet. Wyoming is also one of… Read More

September 25, 2020 @ 12:15 pm By Omar Faridi  |  

Trent McConaghy, Founder at Ocean Protocol, which allows software engineers to build marketplaces and other apps to privately and securely publish, exchange, and consume data, explains that the Ocean Protocol aims to “equalize the opportunity to access and monetize data.” According to McConaghy, data marketplaces… Read More

September 25, 2020 @ 11:51 am By JD Alois  |  

Representative K. Michael Conaway, ranking Member of the House Agriculture Committee Ranking has introduced legislation entitled the Digital Commodity Exchange Act of 2020. The bill seeks to create a “single, opt-in national regulatory framework for digital commodity trading platforms” that will be regulated by the… Read More

September 25, 2020 @ 11:08 am By Omar Faridi  |  

Gabriel J. Shapiro, a US attorney focused on mergers and acquisitions (M&A), venture, governance, Infosec, and digital assets, has noted that if you really care about cryptocurrency-related laws and proper governance, then you should know that the most “important” or relevant content out there right… Read More

September 25, 2020 @ 10:25 am By JD Alois  |  

  The Cambridge Centre for Alternative Finance (CCAF) at the Cambridge Judge Business School has released its 3rd report covering the digital asset sector with the Global Cryptoasset Benchmarking Study.  CCAF is the leading research institute in the world in regards to Fintech innovation including… Read More

September 24, 2020 @ 11:02 pm By Samantha Hurst  |  

Gemini Trust Company, LLC (Gemini), a cryptocurrency exchange and custodian, announced on Wednesday its launch in the UK. The platform reported that it is now offering its services in pound sterling (GBP) and its UK launch comes just after the Financial Conduct Authority (FCA) granted… Read More

September 24, 2020 @ 10:14 pm By Omar Faridi  |  

  Full-time equivalent employee growth in the blockchain and digital asset sector has slowed down following the 2017 cryptocurrency bull market, according to the findings of the 3rd Global Cryptoasset Benchmark Study by the Cambridge Centre for Alternative Finance (released in September 2020 by the… Read More

September 24, 2020 @ 7:56 pm By Omar Faridi  |  

Markus Jun, founder and CEO of ICON’s Accelerator Partner and Seoul Launchpad of ICXStation, HyperConnector (online accelerator for the ICON ecosystem), recently confirmed that ICONLOOP‘s VisitMe has surpassed 100,000 users and more than 1,000 sites are now using the service. Jun noted that these sites… Read More

September 24, 2020 @ 4:38 pm By JD Alois  |  

Earlier this week, the Office of the Comptroller of the Currency (OCC) – the leading national bank regulator, provided guidance on banks and stablecoins. The guidance was designed to provide “greater regulatory certainty for banks” operating in this sector. Stablecoins are digital assets typically tied… Read More

September 24, 2020 @ 12:17 pm By Omar Faridi  |  

Antony Welfare, Chief Commercial Officer at NEM Group, an organization supporting the development of NEM, a blockchain or distributed ledger technology (DLT) based platform for building enterprise-grade applications, states that blockchain tech is now more than 10 years old (as far as its application is… Read More

September 24, 2020 @ 11:16 am By JD Alois  |  

The European Commission has announced the adoption of a Digital Finance Package along with legislative proposals on crypto-assets (digital assets).  The announcement has been widely anticipated and earlier this month draft legislation pertaining to crypto-assets was leaked to the public. According to a statement by… Read More

September 24, 2020 @ 9:00 am By Omar Faridi  |  

Bison Trails, a major blockchain infrastructure-as-a-service firm, revealed on September 24, 2020 that it will be powering ZKValidator, which aims to support privacy and zero-knowledge research by operating community-focused public (transaction) validators on leading proof of stake or PoS protocols such as Cosmos, Polkadot, Kusama,… Read More

September 24, 2020 @ 8:50 am By JD Alois  |  

Realio and Valentus Capital Management say they are working together to tokenize a $250 million fund. Realio is a tech stack for “institutional-grade digital assets. Valentus Capital Management is a private equity firm focused on event-driven and value-oriented investments within the credit sectors and the… Read More

September 24, 2020 @ 8:09 am By Samantha Hurst  |  

  Prime Trust, a blockchain-driven trust company, has teamed up with global identity verification provider Acuant for identity verification and complain to meet Anti-Money Laundering (AML) regulations, manage fraud and fight financial crime, through its All-In-One Trusted Identity platform. Prime Trust reported it is integrating… Read More

September 23, 2020 @ 11:34 pm By Omar Faridi  |  

The Financial Action Task Force (FATF) recently published a document for regulatory authorities and enforcement agencies. The FATF listed several different “red flags” in cryptocurrency transfers and service user profiles that may indicate that the entities involved in the transactions are engaging in money laundering,… Read More

September 23, 2020 @ 10:57 pm By Omar Faridi  |  

The team at Ontology (ONT), a “high-performance” or high-throughput blockchain platform, have revealed that Citadel.one has joined the Ontology Global Community Contributor (GCC) network, an initiative that aims to effectively leverage blockchain or distributed ledger technology (DLT) to streamline real-world business processes. Citadel.one has been… Read More

September 23, 2020 @ 8:44 pm By Omar Faridi  |  

The developers at Avalanche, a blockchain project led by Cornell professor Dr. Emin Gun Sirer, have announced that their platform’s native AVAX token will be available for trading on Binance, the world’s largest digital currency exchange. AVAX token trading will be available on Binance, beginning… Read More

September 23, 2020 @ 2:24 pm By Samantha Hurst  |  

Robinhood, a modern trading platform that offers both traditional securities as well as crypto, has reportedly secured $660 million in total through its Series G funding round. The platform revealed it raised $200 million through the round last month, with D1 Capital Partners leading the… Read More

September 23, 2020 @ 10:28 am By JD Alois  |  

Binance Futures, a crypto derivatives exchange, is reporting $1 trillion in trading volume – year to date. Binance Futures started a year ago in September 2019 and claims title as the market leader. Binance Futures is part of Binance – the world’s largest digital asset… Read More

September 23, 2020 @ 7:41 am By Omar Faridi  |  

The Bitcoin Mercantile Exchange (BitMEX), a leading crypto derivatives exchange, has taken a look at the relatively short seven-year history of decentralized exchanges (DEXes) – which includes the first major iteration of the technology, Counterparty. BitMEX noted that it considers these early attempts to have… Read More