Blockchain & Digital Assets

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

MakerDAO Recommends Safety Measures to Prevent Debt Crisis Created Following Last Month’s Historic Cryptocurrency Market Crash

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MakerDAO (MKR), a leading Ethereum (ETH)-based lending protocol, has released a new report that tries to put the events of “Black Thursday” (when the Bitcoin and larger crypto market crashed over 50% between March 12-13, 2020) into context. MakerDAO’s report notes that there are certain… Read More

Crypto Data Provider Skew Secures $5 Million Through Latest Investment Round Led By Octopus Ventures; Announces Trade Execution Service skewTrading

Skew, a UK-based crypto data provider, announced on Wednesday it secured $5 million through its latest investment round, which was led by Octopus Ventures with participation from Digital Currency Group, as well as existing investors Firstminute Capital and Seedcamp. Founded in 2018, Skew claims to… Read More

US Department of Transportation Reveals Plans to Use Blockchain Tech to Improve Commercial Drone Industry Processes

The US Department of Transportation recently revealed its plans to use blockchain or distributed ledger technology (DLT) when working with drones. The agency, which is a federal Cabinet department of the US government concerned with transportation (established by an act of Congress on October 15,… Read More

The Bitcoin Association, which Supports Bitcoin SV, Claims that its Crypto Network can Handle as Many Transactions as VISA

The Bitcoin Association, which is focused on the development and promotion of Bitcoin “Satoshi Vision” (SV) (a controversial Bitcoin Cash (BCH) fork whose developers and community claim that their project is the “real” Bitcoin or how its creator, Satoshi Nakamoto, intended it to be), claims… Read More

Blockchain Trust Solutions and Axpo WZ-Systems AG Launch Next-Generation Swiss Blockchain Network

Blockchain Trust Solutions BCTS is introducing a blockchain network, SwissDLT, that is said to combine Swiss features such as “reliability, security, neutrality” along with being compatible with other common blockchain systems, according to a release. BCTS has developed the solution with its infrastructure partner Axpo… Read More

CoinDCX Lists CRO Token Marking Crypto.com’s Entry into India

CoinDCX, India’s largest crypto exchange, has listed Crypto.com‘s MCO and CRO tokens representing Hong Kong-based Crypto.com’s entrance into the Indian market.  Two trading pairs are now available on CoinDCX: CRO/BTC & CRO/INR. The MCO token is a payment and finance digital asset within the Crypto.com… Read More

Binance-backed Cryptocurrency Derivatives Exchange FTX to Launch Spot Trading in the US

FTX, a digital assets derivatives exchange that primarily caters to Asian traders and investors, will be introducing a spot exchange in the US markets. Sam Bankman-Fried, CEO at FTX, noted that the company’s US-based trading platform is presently in its beta testing phase. The spot… Read More

Developers of dForce, a Chinese DeFi Protocol that was Hacked, to Return $24.9 Million to Users After Hacker Gives Back Stolen Funds

dForce, a Chinese decentralized finance (DeFi) platform that recently experienced a hack that led to the loss of around $25 million worth of cryptocurrency, confirmed on April 27, 2020 that it will be compensating all its users for their stolen funds. This, after the digital… Read More

Digital Banking: Sumitomo Mitsui Financial Group, Japan’s Second-Largest Bank, Partners SBI Holdings to Offer Mobile-based Banking Services

The Sumitomo Mitsui Financial Group (SMFG), which is Japan’s second-largest financial institution by market cap, will reportedly sign an agreement with SBI Holdings, a Tokyo-based financial services company group, in order to provide digital banking services via mobile devices. As reported by Nikkei on April… Read More

Samsung Galaxy Store to Now Feature TRON Decentralized Apps For U.S. & European Users

Samsung announced on Monday that TRON now has a dedicated section in the Samsung Galaxy store that features apps built using its blockchain. According to Samsung, app store users in the U.S. and Europe who are using Samsung smartphones are able to experience the “next-generation… Read More

Kingdom Trust Provides Custody for Hedera Hashgraph’s HBAR

Kingdom Trust, a regulated custody provider, is now providing custody for Hedera Hashgraph‘s HBAR as it has been added to its list of “acceptable digital currency investments.” Lionel Chocron, Chief Product Officer of Hedera, said Hedera’s mission is to provide the trust layer of the… Read More

Commissioner Brian Quintenz, Sponsor of CFTC’s Technology Advisory Committee, to Depart at End of Term

The Commodity Futures Trading Commission (CFTC) has announced that Commissioner Brian Quintenz will depart the agency at the end of his term. Quintenz will have completed a 5-year stint at the Commission. Quintenz issued a statement on his decision to exit the CFTC stating that… Read More

Bitfinex Integrates Whale Alert Live Transactions Service on Social Network Bitfinex Plus

Digital asset exchange Bitfinex announced on Tuesday Whale Alert, a tracking service of cryptocurrency transactions from and to exchanges, is available on the social network, Bitfinex Pulse. According to Bitfinex, Whale Alert is claimed to be a vital information source in the digital asset space… Read More

Malta-based Gate.io, a Blockchain Asset Exchange, Releases GateChain Testnet, which can Handle 2000+ Transactions Per Second

Malta-based Gate.io, a blockchain asset exchange, has released the latest version of the GateChain test network (testnet), which features several updates such as a redesigned network module and a newly developed consensus mechanism. This is reportedly the third version of the GateChain testnet which can… Read More

Decentralized Cloud Network Storj to Offer Five Pentabytes of Data Storage to Organizations Conducting Research Related to Fighting COVID-19

Storj, a decentralized data storage network, has introduced a program that offers free cloud storage space to organizations taking part in Coronavirus (COVID-19) research. Storj’s program has been launched after contributions were made by blockchain industry participants toward the decentralized scientific research network, Folding@Home. The… Read More

Crypto to Fiat Visa Card Provider Ternio is Crowdfunding on Republic

BlockCard by Ternio allows people to buy anything they want with cryptocurrency thus making crypto more bankable, usable and, well, practical. Ternio is in the midst of a crowdfunding round on Republic as it seeks to raise additional growth capital and expand its business. Blockcard… Read More

Binance Makes Mining Easy with New Mining Pool Option

Crypto exchange Binance has launched “Binance Pool,” a mining platform that is described as being dedicated to the development of the global crypto mining industry and empowering miners. Binance Pool is integrated into the growing Binance ecosystem, allowing users access to its suite of derivatives products… Read More

BUSD: Binance Partners with BitPay on Stablecoin Payments

Crypto exchange Binance has partnered with BitPay, a provider of blockchain payment services, to “drive adoption of Binance’s stablecoin, BUSD. According to a note from Binance, BitPay will enable merchants to accept BUSD around the world. Support for BUSD in the BitPay wallet goes live… Read More

CoinEx Announces Global Strategic Partnership with Matrixport

CoinEx, a global and professional cryptocurrency exchange service provider, announced on Monday it has formed a global strategic partnership with Matrixport, a one-stop digital asset financial service platform span off from Bitmain. CoinEx reported that the partnership allows its users to access Martrixport’s over-the-counter (OTC)… Read More

Swiss Crypto Valley Association Requests CHF 100 Million in Relief Funding from Government to Cope with Economic Challenges Due to COVID-19

  The Swiss Crypto Valley Association, a Fintech and blockchain-focused organization based in a region located near Zurich, is reportedly asking Switzerland’s government to provide CHF 100 million (appr. $102.7 million) in relief funding. This fund, if approved, would help with bailing out crypto and… Read More

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