Tagged: digital assets

January 31, 2022 @ 5:57 pm By Omar Faridi  |  

Digital asset exchange Okcoin has reportedly become the first crypto trading platform in the world to list NYCCoin, which is the CityCoin for New York City. As explained in the update from Okcoin, the NYCCoin (NYC) is the CityCoin for New York City. The first… Read More

January 31, 2022 @ 8:06 am By Omar Faridi  |  

Digital asset firm Gemini says that they’re pleased to confirm that Gemini Galactic Markets (Gemini Galactic), an affiliate of the Gemini Trust Company, has received approval from FINRA to serve as a broker-dealer registered with the US Securities and Exchange Commission (SEC) and has officially… Read More

January 30, 2022 @ 12:25 pm By Omar Faridi  |  

Fidelity is reportedly trying to make its own moves into the fast-evolving Metaverse economy. Fidelity, which manages trillions of dollars in customer assets, has submitted an application with the US Securities and Exchange Commission (SEC) this past Friday for an exchange-traded fund (ETF), known as… Read More

January 29, 2022 @ 10:48 am By Omar Faridi  |  

At 9:34PM UTC on January 27, 2022, a bad actor started their exploit of Qubit Finance’s Ethereum (ETH) to Binance Smart Chain (BSC) bridge. As noted in an update from CertiK, this particular exploit “ended up netting them 77,162 qXETH ($185 million), which they then… Read More

January 29, 2022 @ 10:46 am By Omar Faridi  |  

Paul Krugman, an American economist and public intellectual, who is Distinguished Professor of Economics at the Graduate Center of the City University of New York, has warned consumers about the volatile virtual currency markets. Krugman, a Nobel-prize-winning economist, has compared the fast-evolving cryptocurrency markets to the… Read More

January 28, 2022 @ 6:09 pm By Omar Faridi  |  

IHS Markit (NYSE: INFO), a key player in critical information, analytics and solutions, has announced a partnership with METACO, the provider of security-critical software and infrastructure to Tier 1 banking institutions operating in the crypto-asset ecosystem. As mentioned in an update shared with Crowdfund Insider,… Read More

January 28, 2022 @ 1:01 pm By Omar Faridi  |  

In 2017, the team at CoinTracker began “tinkering” with cryptocurrency. CoinTracker writes in a blog post that they set up accounts on several different exchanges and started using a bunch of digital wallets. The company points out that while exchanges and virtual wallets have made… Read More

January 28, 2022 @ 12:56 pm By Omar Faridi  |  

The INX Digital Company, Inc. (NEO: INXD), the owner of crypto-asset trading platforms, is pleased to confirm that the firm’s common shares will begin trading on the Neo Exchange Inc., under the ticker symbol “INXD”. The firm and its wholly-owned subsidiaries together form the “INX… Read More

January 28, 2022 @ 9:29 am By Omar Faridi  |  

The team at Fireblocks has announced that they’ve acquired $550 million in capital through a Series E round. This brings Fireblocks‘ valuation to $8 billion, making the Fintech firm “the highest-valued digital asset infrastructure provider in the world.” As mentioned in the update from Fireblocks:… Read More

January 27, 2022 @ 8:58 am By Omar Faridi  |  

Criminal investigators at the US Internal Revenue Services (IRS) say that virtual currencies and non-fungible tokens (NFTs) is an industry segment that can be exploited by actors engaging in fraudulent activities. These abusive activities may include actions involving money laundering, market manipulation, and even attempts… Read More

January 27, 2022 @ 8:31 am By Omar Faridi  |  

West Realm Shires Services Inc. (FTX US) has announced the closing of a $400 million Series A round valuing the firm at $8 billion. As mentioned in an update shared with CI, this investment round is notably the first for FTX US and included contributions… Read More

January 26, 2022 @ 6:00 pm By Omar Faridi  |  

EarlyBird, the platform that aims to make it simpler for parents, family members, and friends to collectively invest in a kid’s future, has announced today the introduction of EarlyBird Crypto. Along with more traditional assets, parents may now choose to add Bitcoin (BTC) and Ethereum… Read More

January 25, 2022 @ 9:22 am By Omar Faridi  |  

The team at digital asset firm Gemini is pleased to welcome Pravjit Tiwana as their new  Chief Technology Officer. Pravjit reportedly joins Gemini from Amazon Web Services (AWS), where he was working as the GM of Edge Services, which includes Amazon CloudFront, AWS Edge Computing,… Read More

January 24, 2022 @ 11:38 pm By Omar Faridi  |  

Binance, one of the leading blockchain and crypto infrastructure providers, is pleased to confirm that it has officially joined the National Cyber-Forensics and Training Alliance (NCFTA), a nonprofit corporation primarily focused on identifying, validating, mitigating, and neutralizing cybercrime threats. Binance reports that it’s the first… Read More

January 24, 2022 @ 2:02 pm By Omar Faridi  |  

Paul Grewal, Chief Legal Officer at digital assets firm Coinbase (NASDAQ: COIN), has shared an update titled, Proof of Alignment, which explains what the company has done to align themselves with their clients and what they’re planning to do next. As noted by Grewal, Coinbase… Read More

January 24, 2022 @ 10:22 am By Omar Faridi  |  

NFT Investments, an incubator focused on the market for non-fungible tokens (NFTs), is pleased to confirm that it has entered into a non-binding letter of intent (LOI) for the acquisition of Pluto Digital PLC, a crypto tech and venture firm (for a “consideration” of £96… Read More

January 24, 2022 @ 8:33 am By Omar Faridi  |  

Solana (SOL), which has quickly emerged as one of the largest blockchain  or distributed ledger tech (DLT) networks, was recently impacted by instability during a highly volatile week for cryptocurrencies (which saw Bitcoin, Ethereum, and other digital asset prices fall sharply). some recent metrics on… Read More

January 23, 2022 @ 10:31 pm By Omar Faridi  |  

Bahrain-headquartered cryptocurrency exchange Rain Financial has secured $110 million in capital via a Series B round. Rain Financial reports that its investment round has been co-led by Paradigm and Kleiner Perkins along with contributions from Coinbase Ventures, Global Founders Capital, MEVP, Cadenza Ventures, and CMT… Read More

January 23, 2022 @ 5:30 pm By Omar Faridi  |  

Pledge Finance, the platform for long-term, fixed-rate cryptocurrency-based loans, is pleased to confirm a partnership with zkLink, a provider of secure cross-chain token swaps “powered by zero-knowledge proofs.” As mentioned in an update shared with CI, the partnership will allow Pledge to “integrate with more… Read More

January 23, 2022 @ 3:48 pm By Omar Faridi  |  

As cryptocurrency grows in popularity and adoption, ensuring businesses and platforms maintain a robust compliance infrastructure is becoming really important to the nascent industry. With Wyre’s compliance infrastructure, the team is pleased to confirm the addition of three new hires to “continue to boost our… Read More