Tagged: cryptocurrency

Chainalysis 2022 Report: Yes Crypto Fraud is Up, But Nowhere Near as Much as Legitimate Activity

While cryptocurrency-based crime reached historical highs in 2021, it pales in comparison to overall adoption increases, a draft of Chainalysis’ 2022 Crypto Crime Report shows. Addresses identified as illicit by Chainalysis received $14 billion in 2021, nearly double the $7.8 billion seen in 2020. There… Read More

Predictions Market Futuur Debuts Real-Money Markets With 7 Cryptos

Futuur, which provides a wide selection of prediction markets available at one URL, has officially launched its real-money markets to forecasters around the world.  Real-money markets have been added alongside Futuur’s already existing play-money markets, with trading available in seven cryptocurrencies: Bitcoin (BTC), Ether (ETH),… Read More

Ledn Celebrates $70M Series B, Plans Unique Crypto-Backed Mortgage

Ledn, a global digital asset savings and credit platform, today announced it successfully raised $70 million in a Series B funding round which brings its valuation to $540 million. 10T Holdings led the round while Golden Tree Asset Management, Raptor Group and FJ Labs were… Read More

Indian Business Leaders Plead for Government Action at Fintech Festival India 2021-22

Several Indian business leaders spoke out against what they believe is their government’s overly cautious approach to cryptocurrency regulation. They made the comments during the Mumbai Micro Experience of Fintech Festival India 2021-22. Mrutyunjay Mahapatra, a member of the Governing Council of RBI (Reserve Bank… Read More

Singaporean Digital Assets Trading Platform Sparrow to Accept PayNow Transfers

Sparrow, a Singapore-based digital assets trading platform, now accepts PayNow transfers for institutional customers, the platform announced today. The PayNow transfer service allows Singaporeans to receive money into their bank account through their National Registration Identity Card (NRIC), which is similar to a Social Security… Read More

21Shares Welcomes Seed Funding for Polygon ETP

Cryptocurrency exchange-traded products (ETP) issuer 21Shares this week announced the seed funding of the 21Shares Polygon ETP (Ticker: POLY) on the SIX Swiss Exchange by the Polygon Foundation. The 21Shares Polygon ETP (Ticker: POLY) tracks the investment results of Polygon, an Ethereum scaling platform. Hosting… Read More

RM Sotheby’s to Accept Car Auction Payments in Cryptocurrency Via BitPay

RM Sotheby’s, the world’s largest collector car auction house by total sales, today announced the company is accepting cryptocurrency for payment for goods and services from BitPay, a provider of Bitcoin and cryptocurrency payment services. RM Sotheby’s said the ability to accept cryptocurrency enables it… Read More

Bosonic Tackles Counterparty Credit, Settlement Risk in Digital Asset Markets

  Bosonic’s layer 2 blockchain infrastructure will be a clear player in digital asset markets because it addresses the key issues of counterparty credit and settlement risk, founder and CEO Rosario Ingargiola said. The company draws from Ingargiola’s two decades of experience with building algorithmic,… Read More

Cion Digital Unveils Blockchain Orchestration Platform

A new digital asset company was announced at Money2020 today, and based on its executive roster it has a chance to make waves in the industry. Cion Digital has been operating in stealth mode for several months as it quietly introduced the Cion Blockchain Orchestration… Read More

Decarbonization The Focus of New Zumo Crypto Report

Crypto wallet and payments platform Zumo this week released the report Decarbonizing Crypto: A state of play. It is a cross-sector effort to explore the carbon footprint of cryptocurrencies and the task of decarbonization. The report also explores the complexities of decarbonization and how the… Read More

GIlded’s NFTOPS Improves NFT Data Quality

Gilded, a provider of blockchain financial reporting software, today announced NFTOPS, a solution for NFT marketplaces to track and analyze financial data. According to Gilded, NFTs saw a record-high transaction volume of $10.7 billion in Q3 2021, up sevenfold from the previous quarter. While NFT… Read More

Hacked Crypto, Payments Account Costs on the Rise

The value of hacked PayPal accounts has surged in 2021, while verified cryptocurrency accounts will cost you a pretty penny, research analyzed and originally published by wette.de reveals. In September, such an account was worth 9.2 cents for every dollar in the account. That is… Read More

Blockchain VC CV VC Begins Dubai Operations

Blockchain venture capitalist CV VC has started its Dubai operations in partnership with DMCC Crypto Centre. CV VC has currently successfully invested in 32 early-stage blockchain startups from around the world, 22 of which came via its CV Labs incubation program. Selected start-ups from the… Read More

Nickel Survey Shows Increased Risk Appetite for Digital Assets From Professional Investors

New research from Nickel Digital Asset Management, a European regulated digital assets investment manager, reveals 25 per cent of professional investors see the appetite for risk from pension funds and other institutional investors increasing dramatically over the next two years. A further 47 per cent… Read More

UK Money App Ziglu Hits Seedrs Target in 81 Minutes

UK-based money app Ziglu this week its £1 million crowdfund oversubscribed in 81 minutes, beating its previous record of three hours. The campaign was launched on Seedrs, an equity crowdfunding platform. Ziglu is raising equity capital at a pre-money valuation of £85 million. Ziglu’s previous… Read More

Credit Card Crypto Crime Climbing: Report

n.exchange, a cryptocurrency exchange specializing in fiat on- and off-ramp services, this week unveiled its crypto purchase credit card fraud attempt figures for 2019-2021. It highlights a significant rise in fraudulent purchase attempts by cyber criminals using stolen card details, most of which was perpetrated from… Read More

Prime Trust Adds Elliptic Technology to Grow B2B Crypto Business

Elliptic, a provider of blockchain analytics and crypto compliance solutions, today announced an agreement with US-based financial infrastructure provider Prime Trust, which aims to help fintech innovators launch quickly and scale securely in today’s digital economy. Prime Trust, which recently announced the close of a… Read More

Litigation Finance Company Liti Capital Sees Responsibility to Grow Safer Crypto Sector

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While the baseline premise behind Liti Capital is interesting enough on its own, the founding team’s vision for the company and the cryptocurrency industry as a whole suggests it is well-positioned to be around for the long haul. Executive chairman and CIO David Kay previously… Read More

Akoin’s AKN Token Now on BitMart, Improves Access for African Users

Akoin, a digital ecosystem and cryptocurrency developed by global artist and Akon to improve social opportunities and access for African entrepreneurs, is now listing on the cryptocurrency exchange BitMart. The listing with BitMart provides access for Akoin within the United States from people who want… Read More

BlockBen Releases eBSO Token

Estonian company BlockBen has released its digital asset eBSO on the Ethereum network. eBSO is a platform token that receives a percentage of every transaction of all the assets in the BlockBen ecosystem and is accumulated as physical gold. Trading of the eBSO token begins… Read More

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