Blockchain & Digital Assets

April 13, 2020 @ 7:43 am By Omar Faridi  |  

The emerging Real Estate Security Token (REST) ecosystem has been experiencing steady growth and development this year. Three new real estate properties were listed on RealT, a tokenization platform, last month. Real estate token trading reportedly doubled in March 2020 (when compared to the previous… Read More

April 13, 2020 @ 7:40 am By JD Alois  |  

Equisafe and Lemon Way have formed a new partnership, according to a note from the companies. Lemon Way is a widely utilized payment platform. Lemon Way offers payment solutions for marketplaces providing a secure and regulated framework. Lemon Way obtained the Payment Institution license in… Read More

April 13, 2020 @ 1:37 am By Omar Faridi  |  

Digital bank Revolut allows its 7 million customers to purchase cryptocurrencies. This, as reserve banks across the globe have announced huge stimulus packages to support their struggling economies, following the deadly Coronavirus (COVID-19) outbreak. This support from Revolut, which is notably one of Europe’s most… Read More

April 12, 2020 @ 6:07 pm By Omar Faridi  |  

In February 2018, US prosecutors had indicted Karl Sebastian Greenwood, who allegedly promoted the fraudulent OneCoin digital currency scheme. OneCoin was one of the largest cryptocurrency pyramid schemes. As noted in a recently unsealed complaint, Greenwood was charged with committing wire fraud, securities fraud and… Read More

April 12, 2020 @ 4:20 pm By Omar Faridi  |  

Venezuela-based digital currency exchange Criptolago has confirmed that it will introduce a text message-based payment platform that can handle transactions in Venezuela’s controversial (allegedly) oil-backed Petro (PTR) cryptocurrency and other major digital assets. The new payment system could potentially help Venezuela’s residents with transacting in … Read More

April 12, 2020 @ 10:42 am By Omar Faridi  |  

Albert Isola, Gibraltar’s minister for digital and financial services, has confirmed that the territory will be introducing regulatory guidelines specifically for eliminating or reducing market manipulation – which is allegedly being carried out by crypto and blockchain companies. Isola explained in a recent interview with… Read More

April 11, 2020 @ 6:53 pm By Omar Faridi  |  

Azimo, an online funds transfer service provider, has teamed up with Thailand’s Siam Commercial Bank (SCB), the nation’s oldest financial institution, in order to introduce an instant international payments gateway from Europe to the Asian country. As mentioned in an announcement made on April 9,… Read More

April 11, 2020 @ 6:37 pm By Omar Faridi  |  

Block.one, a Cayman Islands-registered firm that developed EOS, one of the largest platforms for building and deploying decentralized applications (dApps), has confirmed that it is planning to begin staking and voting on decisions and initiatives involving EOS in May 2020. Block.one’s management clarified that its… Read More

April 11, 2020 @ 1:10 pm By Omar Faridi  |  

The US Internal Revenue Service (IRS) confirmed on April 10, 2020 that it would be providing a tool for eligible American citizens and residents who don’t normally submit tax return documents, so that they can get access to government Coronavirus (COVID-19)-related stimulus funds. Soon after… Read More

April 11, 2020 @ 10:52 am By Omar Faridi  |  

The European Parliament suggests that the EU should consider broadening the existing definition of digital assets or cryptocurrencies and expand its current list of blockchain or crypto-related organizations that may need to follow financial regulations. The EU adopted the Fifth Anti-Money Laundering Directive (AMLD5) back… Read More

April 11, 2020 @ 10:32 am By Omar Faridi  |  

During the past few years, blockchain or distributed ledger technology (DLT) has been adopted by a large number of companies from several major industries. There are currently hundreds of different DLT platforms being operated across the globe. Most of these blockchain-enabled networks are unable to… Read More

April 10, 2020 @ 4:35 pm By Omar Faridi  |  

Fidelity Digital Assets, the cryptocurrency division of Fidelity, a multi-trillion dollar asset manager, is reportedly planning to expand its range of products and services. The firm’s decision to introduce new services has come at a time when it has been experiencing  a significant increase in… Read More

April 10, 2020 @ 12:50 pm By Omar Faridi  |  

Digital asset investors are reportedly paying a significant 515% premium in order to purchase Ether (ETH) via the Grayscale Ethereum Trust. It currently costs $90.55 to acquire a share in Grayscale Investments’ Ethereum Trust (ETHE). This, despite its Ethereum (ETH) holdings per share being valued… Read More

April 10, 2020 @ 12:04 pm By JD Alois  |  

It will take some time to fully understand the economic impact of the COVID-19 pandemic but clearly the economic fallout will be profound. Markets have tanked, default risks are rising and unemployment is moving up rapidly in a historic fashion. Simultaneously governments everywhere are moving… Read More

April 10, 2020 @ 12:03 pm By Samantha Hurst  |  

Lukka, a blockchain software and data services company, announced on Friday it has been selected by RSM, a provider of audit, tax and accounting services focused on the middle market, to provide crypto tax software solutions to the firm’s tax clients. Through the partnership, Lukka… Read More

April 10, 2020 @ 10:29 am By Samantha Hurst  |  

UK-based next-generation banking platform Cashaa has reportedly developed a fiat gateway specifically for BEP2 tokens on Binance Chain. According to Cointelegraph, the new integration allows users to sell and buy tokens directly for fiat currencies. The media outlet reported Cashaa will now support the U.S…. Read More

April 10, 2020 @ 8:50 am By Samantha Hurst  |  

MoonPay, a U.S. fintech company that builds develop tools for fiat-to-crypto connectivity, announced on Thursday it has appointed Nils Puhlmann as its new security advisor. According to his Linkedin profile, Puhlmann has held various positions in the cybersecurity industry, including being named Chief Trust and … Read More

April 9, 2020 @ 12:16 pm By JD Alois  |  

Cryptoasset insurance company Evertas, formerly doing business as BlockRE, say adoption of crypto and blockchain in general is being held back by lack of a “robust insurance market.” The company cites a survey that claims just over half (55%) of insurance executives it interviewed believe companies… Read More

April 9, 2020 @ 11:11 am By Samantha Hurst  |  

Fold, a U.S.-based mobile app that allows consumers to earn bitcoin while shopping, announced it has joined Visa’s Fast Track program in order to speed up the process of integrating with the credit card giant. Fold revealed that by joining the program it is now… Read More

April 9, 2020 @ 10:50 am By Samantha Hurst  |  

Blockchain security and analytics firm Chainalysis announced on Thursday the launch of its partnership program, which will reportedly work with key infrastructure providers to “broaden” cryptocurrency transaction monitoring through integrations, distribution partners in new global markets and data providers to strengthen Chainalysis’ crypto intelligence. Chainalysis… Read More