Blockchain & Digital Assets

Blockchain, distributed ledger technology, crypto, digital assets, tokenization and stablecoin news.

Coinbase Clarifies it wasn’t Targeted by “Any of the Attack Transactions” on Etherem Classic (ETC) during 51% Attack and Didn’t Lose Funds

San Francisco-based crypto exchange Coinbase claims it wasn’t targeted by “any of the attack transactions and lost no funds” when Ethereum Classic (ETC) recently suffered 51% attacks. A 51% attack on a blockchain or distributed ledger technology (DLT) platform can take place when a malicious… Read More

$107 Billion+ in Value Received by East Asian Cryptocurrency Addresses, which is 77% More than Western Europe: Report

Blockchain security firm Chainalysis reports that East Asia is home to the world’s largest cryptocurrency market. It reportedly accounted for more than 30% of all digital currency transactions during the past year. As mentioned in Chainalysis’ latest report: “East Asia-based addresses have received $107 billion… Read More

DLT Firm Billon Group Raises £2 Million Under Future Fund Scheme

Billon Group Ltd. has raised £2 million supported by the Future Fund scheme, a COVID support program designed to help struggling early stage UK firms. According to the company, Billon secured investment commitments from angel investors and VCs of £1 million matched by the UK… Read More

Bitcoin.com, a Leading Crypto Wallet Provider, Partners with Cred to Allow Users to Earn Interest on Digital Asset Deposits

Bitcoin.com, a website that encourages people to use Bitcoin Cash (BCH) and claims that more than 11 million cryptocurrency wallets have been opened via its platform, reveals that it will be working with Cred. San Francisco-based Cred is a blockchain-powered licensed lender that was founded… Read More

Digital Asset Transfer Agent Vertalo Launches Free Vertalo Distribution Network

Vertalo, a SaaS company founded to fill the gaps between primary and secondary trading of digital securities, has announced the launch of the “no-cost” Vertalo Distribution Network (VDN) to help digital asset companies. Vertalo, a digital transfer agent describes VDN as a “learning experience and… Read More

Bithumb Launches Learning Platform Allowing Users to Earn While Learning About Cryptocurrency Investment

South Korean cryptocurrency exchange Bithumb announced on Friday it has launched a learning platform called “BG Learning.” According to Bithumb, the platform uses the capacity of new investors in the crypto community to make more informed and properly thought out decisions while making investments. The… Read More

OKEx Claims that Bitcoin (BTC) Dominated Cryptocurrency Market Rally is Being Driven by Ethereum 2.0, DeFi

Crypto exchange OKEx notes that the recent surge in the digital asset market, which is being led by Bitcoin (BTC), the flagship cryptocurrency, has been driven by the explosive growth of the decentralized finance or DeFI ecosystem. The OKEx team confirms that Ethereum (ETH) experienced… Read More

Fintech Giant Ant Group’s Profits Increased 560% Year-Over-Year to an Estimated $1.3 Billion, Dual IPO Listings Forthcoming

Chinese Fintech Unicorn Ant Group, which is part-owned (33%) by digital commerce giant Alibaba, is currently planning dual IPO listings in Hong Kong and Shanghai. Established by billionaire Jack Ma’s Alibaba (NYSE:BABA), Ant Group, which includes AliPay, earned 9.2 billion CNY (appr. $1.3 billion) in… Read More

Bitcoin Is a “Speculative” Asset, Facebook led Libra Stablecoin or Payments System may be Useful for Transactions, Former RBI Governor Says

Bitcoin (BTC) and the controversial Facebook-led Libra stablecoin or payments project might  play a key role in a world where reserve banks are beginning to issue their own digital currencies or CBDCs, according to Raghuram Rajan, former governor at the Reserve Bank of India (RBI)…. Read More

South Korea’s ICONLOOP’s Decentralized Identity or DID Blockchain Tech to be Used for COVID-19 Contact Tracing System

South Korea’s ICONLOOP, a major blockchain or distributed ledger technology (DLT)-focused firm, revealed on August 19, 2020 that Jeju Island, the nation’s most popular local tourist destination, will be using its Decentralized Identity (‘DID’) blockchain tech to offer private, secure COVID-19 contact tracing to (approximately)… Read More

What’s Bitcoin Worth? Report Seeks to Value Bitcoin

  What is Bitcoin worth? Or, even better, what will Bitcoin be worth a month from now? Or a year from today? When purchasing (investing) Bitcoin it really comes down to future expectations as to whether, or not, the price of Bitcoin will rise or… Read More

Canada based Middle Eastern Restaurant Converts Entire Cash Reserves to Bitcoin (BTC) following COVID-19 Outbreak and Resulting Challenges

Ontario, Canada’s Tahinis Restaurants, which claims to be the world’s best Middle Eastern restaurant, revealed that it has converted its entire cash reserves into Bitcoin (BTC), the flagship cryptocurrency. The company explained that it experienced significant challenges during the historic market crash in March 2020,… Read More

Speedy Blockchain Kadena Claims 480,000 Transactions per Second on 20 Chains

Claiming the title as the world’s first sharded Proof of Work (PoW) layer-1 blockchain, Kadena says it has completed a “hybrid” blockchain capable of 480,00 transactions per second on 20 chains, according to a company release. Kadena is a blockchain that claims to solve the… Read More

Blockchain Infrastructure Developer, Bison Trails, Introduces Double-Signing Protection Software to Address “Slashing Penalties” Risk

Blockchain infrastructure developer, Bison Trails, revealed on August 20, 2020 that it has launched its double-signing protection software (DSP) which aims to address the risk of “slashing penalties” associated with double-signing messages for the same block on a distributed ledger tech (DLT) based platform. According… Read More

Digital Asset Firm BlockFi Closes on $50 Million Series C Funding Led by Morgan Creek

Fast-growing digital asset platform BlockFi has closed on a $50 million Series C funding round led by Morgan Creek Digital, according to a note from the firm. BlockFi reports that this most recent funding round comes after a 10-fold increase in revenue in the last… Read More

Banks, Government Offices Targeted by Malicious P2P Botnet which Mines Monero (XMR) by Hogging Computing Resources of Targeted Computers

Guardicore, a company that aims to protect any digital environment by offering simplified cloud and data center security solutions, reveals that it has found a peer to peer (P2P) botnet, called FritzFrog, that has been regularly breaching SSH services since January of this year. SSH… Read More

Blockchain Interoperability: DLT Platforms Neo, Ontology Switcheo to Launch Poly Network to Enable Cross-Platform Asset and Information Exchange

Blockchain platforms Ontology, Neo, and Switcheo have announced the launch of Poly Network, a “heterogeneous” distributed ledger technology (DLT) interoperability protocol alliance. The Poly Network will enable cross-platform interoperability, which should significantly increase transparency and accessibility. As mentioned in a blog post by Ontology: “Enterprises… Read More

Coinbase Pro Adds Numeraire (NMR), a Hedge-Fund that Crowdsources Predictive Trading Algorithms and Holds Regular Competitions to Reward Data Scientists

Numeraire (NMR) is a hedge-fund that crowdsources predictive-trading algorithms while holding weekly competitions. As explained by Gemini, Numeraire aims to redefine prediction-model-building by carrying out weekly tournaments that reward data scientists for creating “high-performing” trading models. Data scientists provide prediction models developed on top of… Read More

An “Investor Revolt” and Legal Dispute Might Further Delay Filecoin (FIL) Launch, Anonymous Investors Claim

An “investor revolt” and legal dispute might further delay the launch of Filecoin, a highly-anticipated cryptocurrency project that broke the all-time record of capital raised via controversial initial coin offerings (ICOs) when it secured $257 million+ by September 2017. (Filecoin’s record was later shattered by… Read More

Crypto Exchange bitFlyer to Offer Digital Asset Trading in Hawaii, and New Pilot Program

bitFlyer USA, a digital currency exchange where people can purchase, sell, and trade Bitcoin (BTC) and other cryptos for US dollars “safely,” with low fees and latency, revealed on August 19, 2020 that its digital asset trading platform will soon be accessible to customers based… Read More

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