Tagged: digital assets

October 3, 2021 @ 5:43 pm By Omar Faridi  |  

IHS Markit, a leader in critical information, reveals that it’s teaming up with digital assets firm Coinbase (COIN: NASDAQ), in order to offer tax reporting information and related infrastructure. Through this partnership, IHS Markit will be creating and providing Forms 1099-MISC for Coinbase clients, with… Read More

October 3, 2021 @ 11:31 am By Omar Faridi  |  

Gro, the “protected” stablecoin yield farming protocol, is pleased to confirm that Jake Chervinsky, General Counsel at Compound Labs, will be joining the Gro team as a “strategic” advisor. As mentioned in a release shared with CI, Jake brings “a wealth of experience in the… Read More

October 1, 2021 @ 8:17 am By Omar Faridi  |  

XDEFI Wallet, a next-gen browser wallet, is pleased to confirm that it has completed a $6 million round that was led by Mechanism Capital along with contributions from DeFiance Capital, Alameda Research, Sino Global Capital, Animoca Brands, Morningstar Ventures, CoinGecko, and DeFi industry participants such… Read More

September 30, 2021 @ 10:18 am By Omar Faridi  |  

Matrixport, which claims to be Asia’s fastest-growing crypto-assets financial services platform, and MetaOpus, Non-Fungible Token (NFT) asset issuance and trading platform powered by BlockCreateArt (BCA) Network, have formed a partnership to provide NFT investors “best in class” custody solutions. As mentioned in an update shared… Read More

September 29, 2021 @ 9:23 pm By Omar Faridi  |  

BitPay, an established provider of cryptocurrency payment services, and Verifone, an international Fintech platform and payment solution provider to major retail brands, have announced the extension of BitPay’s blockchain payment tech to enable consumer crypto  payments on Verifone’s in-store and eCommerce Cloud Services platforms in… Read More

September 29, 2021 @ 9:53 am By Omar Faridi  |  

YouHodler, a Fintech platform that assists consumers with accessing the benefits of the crypto economy, has reportedly added support for Polkadot (DOT), Tezos (XTZ), TRON (TRX) and Aave (AAVE) tokens. YouHolder also noted in a release shared with Crowdfund Insider that they’ve established a 100%… Read More

September 29, 2021 @ 7:49 am By Omar Faridi  |  

One of the “longest-running” crypto exchanges, CoinJar UK Limited has been “officially registered” by the Financial Conduct Authority (FCA) as “a Cryptoasset Exchange Provider and Custodian Wallet Provider.” As mentioned in an update shared with CI: “In January 2020, new regulatory powers were introduced to… Read More

September 28, 2021 @ 9:00 am By Omar Faridi  |  

Acala, the decentralized finance (DeFi) network and liquidity hub of Polkadot, reveals that it has formed a partnership with Blockdaemon, a blockchain or DLT  infrastructure provider, in order to support its newly-developed staking derivatives for Polkadot (DOT) and Kusama (KSM). As noted in an update… Read More

September 28, 2021 @ 7:54 am By Omar Faridi  |  

Fintech firm Coinrule, which offers individual and retail crypto investors an automated digital currency trading platform for their assets, reveals that it has completed a $2.2 million seed round. As mentioned in the announcement, several technology company founders and investors took part in the firm’s… Read More

September 27, 2021 @ 11:52 pm By Omar Faridi  |  

The cryptocurrency markets have been trading down after news of another crackdown on the industry from China. The People’s Bank of China (PBoC) has issued a statement that has reiterated that all cryptocurrency trading activities in the country are illegal, and regulatory authorities will be… Read More

September 27, 2021 @ 7:41 pm By Omar Faridi  |  

Digital assets firm Kraken is pleased to confirm that they’ve made a commitment to fund Bitcoin’s (BTC) open-source Rust development ecosystem. As mentioned in a blog post by Kraken: “In memory of late Bitcoin Rust contributor and former Kraken employee, Tamás Blummer, our internal Tamás… Read More

September 27, 2021 @ 2:46 pm By Omar Faridi  |  

Spencer Noon, an investor in Variant, a first-check cryptocurrency venture capital fund, has released their latest Network report, which covers OpenSea, Foundation, SuperRare, RMRK, and Fractional. Spencer Noon reports that analysts have covered the non-fungible tokens or NFTs space for: OpenSea, Foundation, SuperRare, RMRK, and… Read More

September 27, 2021 @ 8:50 am By Omar Faridi  |  

We recently caught up with Derek Lau, Game Director at Guild of Guardians, which is one of the partner games of Yield Guild Games (YGG). Guild of Guardians is a blockchain or distributed ledger tech (DLT)-based mobile role-playing game (RPG) that has been published by… Read More

September 26, 2021 @ 9:10 pm By Omar Faridi  |  

As widely reported, China has expanded its ongoing cryptocurrency crackdown. This reportedly includes increasing enforcement against illegal digital currency mining, as well as preventing financial transactions involving crypto-assets. The Chinese central bank also confirmed that any trading, order matching, token issuance and derivatives on cryptocurrencies… Read More

September 26, 2021 @ 7:13 pm By Omar Faridi  |  

Bitcoin (BTC) difficulty, a parameter that virtual currencies use to keep the average time between blocks fairly steady as the blockchain network’s hash power changes (where a relatively high difficulty may help with securing the blockchain against attacks), increased for the fifth straight  time –… Read More

September 26, 2021 @ 1:29 pm By Omar Faridi  |  

Play-to-earn blockchain games are becoming increasingly popular, and Kawaii Islands is set to throw its “hat into the ring,” according to an update shared with CI. Following a $2.4M private token sale round, the NFT-enabled blockchain or DLT-based game will debut in September 2021. As… Read More

September 23, 2021 @ 10:37 am By Omar Faridi  |  

Portal, a self-hosted Layer-2 wallet and “true” cross-chain DEX on Bitcoin that “makes atomic swaps between Bitcoin and other digital assets fast, secure, and private,” is pleased to confirm that it has finalized an $8.5 million round to develop a self-sovereign and “uncensorable” DeFi solution… Read More

September 22, 2021 @ 7:35 am By Omar Faridi  |  

James Butterfill, Investment Strategist at London-based CoinShares, a digital asset manager focused on expanding access to the cryptocurrency ecosystem while serving as a “trusted partner” for its clients, notes in a blog post published on Monday (September 20) that for the week ending September 17,… Read More

September 21, 2021 @ 8:51 pm By Tony Zerucha  |  

Blockchain-based fintech Figure today announced the completion of a digital securities transaction using Figure ATS, an alternative trading system that is registered with the U.S. Securities and Exchange Commission and that is part of Figure’s Marketplace trading platform. The trade included the minting of a… Read More

September 21, 2021 @ 1:36 pm By Omar Faridi  |  

A motion proposal to integrate Bitcoin (BTC) with the Internet Computer has reportedly been approved by community members. According to an update shared with Crowdfund Insider, the plan should add smart contracts to Bitcoin via an application of Chain Key cryptography that will “directly integrate… Read More