Blockchain & Digital Assets

August 30, 2020 @ 4:40 pm By Omar Faridi  |  

The developers of Qtum (QTUM), a platform for developing decentralized applications that aims to leverage certain technical aspects related to the security of the Bitcoin (BTC) network while providing smart contract functionality (somewhat similar to Ethereum), claims that there are only a few pieces of… Read More

August 30, 2020 @ 3:27 pm By Omar Faridi  |  

BABB (Bank Account Based Blockchain), an FCA authorized payment institution, aims to make it easier and cheaper to send cross-border payments. The company uses the latest technology to “bypass” traditional banking networks and costly third-parties to facilitate international fundraising and peer to peer (P2P) transactions…. Read More

August 30, 2020 @ 2:44 pm By Omar Faridi  |  

Gabriel J. Shapiro, a US attorney focused on mergers and acquisitions (M&A), venture, governance, Infosec, and digital assets, is arguing that it’s pretty much “pointless” to be a lawyer in the crypto and blockchain or distributed ledger technology (DLT) space. He points out that professionals… Read More

August 29, 2020 @ 7:10 pm By Omar Faridi  |  

Bluzelle, a “decentralized” data network, has released new information about an oracle that aims to improve security for so-called decentralized finance (DeFi) initiatives. The new oracle will also be able to interact with “fully” decentralized databases. The decentralized Bluzelle Oracle will offer key infrastructure in… Read More

August 29, 2020 @ 6:02 pm By Omar Faridi  |  

The Avalanche team, which develops blockchain-powered apps including those involving decentralized finance or DeFi, claims that its mainnet release candidate, called Everest, has been “outstanding thus far.” The Avalanche project developers noted that over 650 full, block-generating transaction validators are taking part in activity on… Read More

August 29, 2020 @ 2:36 pm By Omar Faridi  |  

London-based SatoshiPay, a Fintech firm that aims to provide fast and affordable payment solutions, has revealed that it has reached a key milestone in establishing its blockchain-enabled clearing platform as a “new standard” for cross-border transactions. The SatoshiPay team notes that, as of August 2020,… Read More

August 29, 2020 @ 11:27 am By Omar Faridi  |  

Eswar Prasad, professor of Trade Policy at Cornell University and senior fellow at the Brookings Institution, acknowledges that the Chinese digital yuan will improve the nation currency’s role as an international payment method. However, he clarified that it will “hardly put a dent” in the… Read More

August 29, 2020 @ 11:13 am By Omar Faridi  |  

The Oasis Foundation, which supports the development of the Oasis Network and its ecosystem, has revealed that it will be integrating with Chainlink’s (LINK) “decentralized” oracles, in order to provide support for decentralized finance (DeFi) apps. The integration will also support privacy-oriented blockchain dApps implemented… Read More

August 28, 2020 @ 12:30 pm By Omar Faridi  |  

Binance, the world’s largest crypto exchange in terms of trading volume, is questioning or wondering why we have many small-cap altcoins (alternative coins besides Bitcoin, the flagship digital currency) that are outperforming BTC and other major virtual assets. Binance confirms that Bitcoin surged past the… Read More

August 28, 2020 @ 9:03 am By JD Alois  |  

Binance.UK has joined the crypto-asset trade association CryptoUK as an Executive Member as it seeks to boost its visibility in the UK market. Other executive members include Coinbase, eToro, Ripple, and more. CryptoUK seeks to encourage a set of best practices along with a Code… Read More

August 27, 2020 @ 10:00 pm By Omar Faridi  |  

Venezuela is experiencing one of the worst economic crises in history. The South American country’s national currency, the Bolivar, has become practically worthless due to extremely high levels of hyperinflation (about 10,000,000% during 2019). Venezuela’s residents are also suffering due to serious socioeconomic challenges, as… Read More

August 27, 2020 @ 9:17 pm By Samantha Hurst  |  

Cryptocurrency platform Coinbase recently announced it has appointed Marcus Hughes as the new General Manager for its European division. According to Coinbase, Hughes served as General Counsel for the crypto platform’s international operations and in his upcoming role, he will be responsible for continuing to… Read More

August 27, 2020 @ 4:25 pm By JD Alois  |  

Digital Currency Group (DCG) is moving into crypto mining. According to a release, DCG created a subsidiary called “Foundry” and 2019 and today the company is outing the mining firm with Mike Colyer, a former Core Scientific executive, being Foundry’s Chief Executive Officer. Foundry claims… Read More

August 27, 2020 @ 4:15 pm By JD Alois  |  

Telos, a blockchain-based on the EOSIO protocol that claims to be one of the most active blockchain platforms in the world (according to Blocktivity and CryptoDiffer), says that no-code DApp development platform Katalyo will be using the Telos blockchain to tokenize real estate in Croatia…. Read More

August 27, 2020 @ 11:02 am By JD Alois  |  

Utilizing Bitfinex Token Sales technology, Fetch.ai says that 1.9 million in FET tokens sold out in just 14 seconds. The token event took place earlier today (August 27, 2020) with FET priced at $0.112 (USDT). Fetch.ai is crafting machine learning tools and infrastructure to build… Read More

August 27, 2020 @ 9:00 am By Omar Faridi  |  

Delta Exchange, a cryptocurrency derivatives trading platform that’s not regulated in any jurisdiction, revealed on August 27, 2020, that it will be offering calendar spread contracts on Bitcoin (BTC) futures. Calendar spread trading for Bitcoin or BTC futures is scheduled to begin on Delta Exchange… Read More

August 27, 2020 @ 7:58 am By JD Alois  |  

HM Government of Gibraltar has issued a statement welcoming Gibraltar-domiciled company INX, a digital securities issuer that is kicking off its security token offering this week.  Gibraltar is a self-governing and self-financing democracy that is a British Overseas Territory. The country has targeted the digital… Read More

August 26, 2020 @ 5:51 pm By Omar Faridi  |  

The decentralized finance (DeFi) space is growing rapidly. Oracle protocols like Chainlink, BAND and Gravity have experienced a significant increase in adoption in a cryptocurrency market that’s still highly speculative and plagued by market manipulative and wash trading. Fetch.ai, an open-access machine learning network established… Read More

August 26, 2020 @ 3:16 pm By Samantha Hurst  |  

  Blockfolio, a U.S.-based network for mobile cryptocurrency portfolio tracking and management, announced on Wednesday it has been acquired by cryptocurrency derivatives exchange, FTX. Founded in 2014, Blockfolio claims that millions of users trust its platform to stay connected to the “pulse” of the cryptocurrency… Read More

August 26, 2020 @ 2:11 pm By Omar Faridi  |  

Decentralized finance (DeFi) projects continue to secure funding, despite the economic uncertainty created due to COVID-19. As covered, capital secured by DeFi lending projects surged 150% in April of this year, but more general Fintech and digital assets initiatives had recorded a 57% drop in… Read More