Blockchain & Digital Assets

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

Balancer, a “Decentralized” Finance Protocol, Votes to Implement a Quick Codebase Change to Prevent Large Players from “Gaming” the Platform

The developers of Balancer, a “decentralized” digital asset manager and protocol, has reportedly made changes to its codebase, in order to limit or prevent large players from taking advantage of the platform to mine Blancer’s BAL governance tokens, instead of using them for crypto-asset trading…. Read More

Jack Abramoff, Marcus Andrade Charged by SEC with Fraudulent Unregistered Digital Asset Offering, AML Bitcoin

Jack Abramoff is making headlines once again. The notorious political lobbyist has been charged with fraud by the Securities and Exchange Commission (SEC) in an unregistered offering of AML Bitcoin (ABTC). Abramoff, along with NAC Foundation (National Aten Coin) and its CEO Marcus Andrade allegedly… Read More

Blockchain Project Klaytn Launches Pilot Program to Reward Partners

Klaytn, a blockchain project led by the South Korean Internet platform Kakao, announced on Thursday the launch of a pilot program of ‘Klaytn Improvement Reserve’ and selected its devtools partner ‘Ozys’ as the first recipient of the program. According to Klaytn, the Klaytn Improvement Reserve,… Read More

Ava Labs’ Avalanche Token Sale Raises $12 Million, Reg D 506c Public Sale is Next

Emin Gün Sirer‘s Ava Labs Avalanche token sale has raised $12 million led by Initialized Capital and other well-known investors including Galaxy Digital, Bitmain, NGC Ventures, and Dragonfly Capital. Avalanche (previously AVA) has recently gone through a brand consolidation following the successful launch of its… Read More

Leading European Tokenization Platform Tokeny Signs MoU with Monaco to Facilitate STOs

Tokeny Solutions, a digital asset platform providing primary issuance of security tokens, has signed a Memorandum of Understanding (MoU) with the Principality of Monaco. The Luxembourg based Fintech is expected to provide support for the issuance of various tokenized financial instruments. According to a statement… Read More

Fiat to Crypto Platform Ziglu Raises £5.25 Million Seed Round

London based Ziglu, has raised a significant £5.25 million in seed funding from unnamed investors, according to a company release. Ziglu is a crypto to fiat exchange that claims to quickly and competitively exchange currency with cryptocurrency, currently including Bitcoin, Ether, Bitcoin Cash and Litecoin…. Read More

Blockchain based Staking of Digital Assets Is Not like Traditional Bank Deposits because Process Involves Computer Code, Not Legal Entities, Software Developer Explains

Konstantin Kladko, the CTO at SKALE network who has a Ph.D. in Math and Physics, says staking of blockchain or distributed ledger tech (DLT)-based digital assets may be considered a license or permit to “do work which is limited in total.” He compares it to… Read More

BlockQuake and Secure Digital Markets Form Partnership on Digital Assets

Digital asset trading platform BlockQuake has formed a partnership with Secure Digital Markets (SDM) to provide users 24/7 liquidity in the digital asset marketplace. SDM is a digital asset focused brokerage and trading firm based in Toronto. The company reports relationships with clients in 60+… Read More

KPMG Introduces Advanced Analytics Software for Fintech Firms Looking to Offer Digital Asset Services at Institutional Scale

Big Four auditing firm KPMG has introduced KPMG Chain Fusion, a patent pending suite of advanced analytics software that has been developed using digital asset data and technology products. As mentioned in a release, the Chain Fusion software will allow financial services providers and Fintech… Read More

Republic Note, a Profit Sharing Digital Asset, Goes on Sale in July

Republic, a leading investment crowdfunding platform, has announced the offering of Republic Note – scheduled to go on sale July 16, 2020. Republic Note is a profit-sharing token with a funding cap of $8 million. According to the company, Republic Note is in line with… Read More

New York Department of Financial Services Launches Virtual Currency Initiatives

The Superintendent of Financial Services of New York Linda A. Lacewell has announced a Memorandum of Understanding (MoU) between the State University of New York (SUNY) and the New York State Department of Financial Services (DFS) to launch a new SUNY-related virtual currency program called… Read More

PayPal’s Move Into Crypto: Affirmation that Traditional Payment Players Can No Longer Ignore Digital Assets

Digital assets continue to gain traction in the real world. While it will take some time, it is hard to ignore that more institutional money is creeping in and blockchain technology is being viewed as a viable tool to create and manage digital assets including… Read More

Digital Asset Platform Tendermint Appoints New CEO

Tendermint Inc. has appointed Peng Zhong as its new CEO along with a new board of directors, according to a release from the from. The Board of Directors said it will be actively responsible for financial resource allocation, budgeting, and executive compensation in addition to… Read More

Draper Goren Holm Announces Blacks On The Blockchain Initiative & $100,000 Pitch Competition to Promote Racial Equity

Draper Goren Holm, a blockchain and Fintech venture firm, announced on Tuesday it signed the Equity.District’s #RacialEquityEcosystem pledge, which is led by Techstars Co-Founder Brad Feld, and Draper Goren Holm Venture Partner and Opportunity Hub (OHUB) Chairman and CEO Rodney Sampson. Along with signing the… Read More

London Stock Exchange Pushes Deeper into Digital Assets with its SEDOL Masterfile Service Incorporating 169 Different Digital Assets

  The London Stock Exchange Group (LSEG) is pushing further into blockchain by incorporating digital assets into its SEDOL Masterfile service, a global security identifier covering 100 million financial instruments. According to the LSEG, as of this week, SEDOL security identifiers have been assigned to 169… Read More

KuCoin P2P Fiat Market Supports Buying Crypto With USD Through PayPal

Singapore-based global cryptocurrency exchange KuCoin announced on Wednesday its P2P Fiat Market added support for US Dollars (USD), allowing traders to buy cryptocurrencies like USDT, BTC and ETH with USD through PayPal and other payment methods. According to KuCoin, This is another mainstream fiat currency… Read More

Binance Unveils B2B Solution for Merchants to Natively Integrate Buy Crypto Function

Cryptocurrency exchange Binance announced on Wednesday the launch of its Binance Access, which is a business-to-business (B2B) solution for merchants, vendors, and wallets to integrate a “buy crypto” functionality on their platform. Binance reported that by integrating Binance Access, merchants and vendors are able to… Read More

Payments platform Sia Partners with Blockchain Tech Firm Quant Network

Quant Network, an enterprise blockchain tech firm, and SIA, European payment services business and a subsidiary of CDP Equity, have successfully tested cross-blockchain interoperability between multiple Distributed Ledger Technology (DLT) protocols, according to a company release. The test integrated the Quant Network’s Overledger technology into… Read More

Thinktank Frankfurt School Blockchain Center Partners with Metaco SA, a Digital Asset Ecosystem Firm

Metaco SA, an infrastructure provider for financial institutions entering the digital asset ecosystem, has formed a partnership with Frankfurt School Blockchain Center (FSBC) – a think tank and research center in the digital asset sector.  According to a release, the partnership will see FSBC support… Read More

Vanguard Uses Blockchain to Speed Up FX Forward Contracts

Vanguard, one of the world’s largest investment management firms with $5.9 trillion in global assets, is testing blockchain tech to improve and accelerate foreign exchange (FX) forward contracts. According to a release, Vanguard has partnered with Symbiont, Bankof New York Mellon, State Street, and Franklin… Read More

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