Tagged: digital assets

August 18, 2021 @ 6:00 pm By Omar Faridi  |  

Bob Reid, CEO at Everest, a company focused on providing identity verification, account creation, and DeFi-related financial services, has shared key updates with Crowdfund Insider. Bob Reid talked about how his company successfully partners with established tech industry participants in order to provide seamless decentralized… Read More

August 18, 2021 @ 1:35 pm By Omar Faridi  |  

The team at Figment is pleased to confirm that during Q2, they secured $50 million from institutional as well as strategic partners in the “largest funding round to date for any staking provider.” As mentioned in the update from Figment: “Led by Senator Investment Group… Read More

August 18, 2021 @ 7:45 am By Omar Faridi  |  

The beginning of 2021 marked a key milestone moment for Bitpanda, as the digital investment platform achieved Unicorn status. Bitpanda notably became the very first Austrian firm to exceed the billion-dollar valuation mark. It took them around 7 years to go from 0 to a… Read More

August 17, 2021 @ 12:29 pm By Omar Faridi  |  

Ondo Finance reveals that it has secured $4 million in capital in order to bring “programmable” DeFi returns to investors with “a wide array” of risk preferences. The equity round has reportedly been led by Pantera Capital along with contributions from Genesis, Digital Currency Group,… Read More

August 17, 2021 @ 11:12 am By Omar Faridi  |  

Uppsala Security, a provider of security tools and services for crypto AML/CTF, transaction risk management, regulatory compliance, and cybersecurity, revealed that it has rolled out its Digital Asset Tracking Service, a solution developed for ransomware victims as well as crypto crime “caused by theft, hacking,… Read More

August 17, 2021 @ 10:03 am By Omar Faridi  |  

The researchers at BitOoda have noted in a recent update that this past Friday’s Bitcoin (BTC) network difficulty reset “took the target Hashrate (or amount of computing power securing the network) to 111 EH/s, up ~7% over the prior epoch.” BitOoda, a global digital asset… Read More

August 16, 2021 @ 9:07 pm By Omar Faridi  |  

The team at digital asset firm Gemini has released their Singapore market report, which reveals that the COVID-19 crisis led to two-thirds of investors in the Southeast Asian country to increase their cryptocurrency holdings. As noted by Gemini: “Today (August 14, 2021), we are excited… Read More

August 16, 2021 @ 2:34 pm By Omar Faridi  |  

Diogo Mónica, Co-founder and President at Anchorage, notes that institutions are now able to hold governance token, dYdX (DYDX) starting from August 12, 2021. Diogo confirmed that the governance token will be supported by Anchorage custody. As explained in a blog post by Anchorage, dYdX is… Read More

August 16, 2021 @ 8:37 am By Omar Faridi  |  

A team of experienced investors, technologists and Fintech professionals, Mode has been offering innovative financial services in the United Kingdom, Europe and across the globe since their inception back in 2018. Although we might be aware that Mode serves as a Bitcoin app, its vision… Read More

August 15, 2021 @ 9:11 pm By Omar Faridi  |  

ApeSwap.finance, a decentralized exchange built on the Binance Smart Chain (BSC), is joining forces with Lympo, a platform built on Ethereum that’s developing a sports NFT ecosystem “centered around high-end NFTs created in official collaboration with world-famous athletes and clubs around the world.” As mentioned… Read More

August 14, 2021 @ 4:10 pm By Omar Faridi  |  

Sheila Warren, Deputy Head of the C4IR; Member of the Executive Committee, World Economic Forum,  and Sumedha Deshmukh Platform Curator, Blockchain and Digital Currency, World Economic Forum, recently published their views on why effective cryptocurrency regulations will take time to develop. As noted (on August… Read More

August 12, 2021 @ 10:59 am By Omar Faridi  |  

Crypto is “changing,” and BitMEX is “changing with it” according to Alexander Höptner, the CEO at the Bitcoin Mercantile Exchange. In a blog post dated August 10, 2021, the team at BitMEX revealed that they’ve reached a “resolution” with the US Commodity Futures Trading Commission… Read More

August 12, 2021 @ 8:07 am By Omar Faridi  |  

The Poly Network attacker has been returning funds after managing to pull of the largest DeFi theft ever. On, August 10, 2021, an unidentified attacker had managed to steal around $612 million worth of virtual currency from cross-chain DeFi protocol Poly Network, making this the… Read More

August 11, 2021 @ 11:53 am By Omar Faridi  |  

Blockchain analysis firm Chainalysis is pleased to confirm that they now cover the world’s “premiere” memecoin: Dogecoin (DOGE). Once considered “nothing more than a light-hearted joke,” Dogecoin has become one of the “world’s most popular crypto assets, thanks in part to cheerleaders like Elon Musk… Read More

August 11, 2021 @ 10:00 am By Omar Faridi  |  

On Wednesday, August 4, 2021, Lattice Exchange, a decentralized finance (DeFi) platform that connects all blockchain or DLT networks and enables users to transfer cryptocurrency in a seamless manner between each other, introduced the Lattice Launchpad, which is described as a “one-stop” shop for blockchain… Read More

August 10, 2021 @ 10:35 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 (August 9) that for the week ending Agusut 8,… Read More

August 10, 2021 @ 10:00 am By Omar Faridi  |  

Liquality, which claims to be the first multi-chain browser extension wallet, has announced the completion of a $7 million funding round that was led by Hashed, Galaxy Digital, White Star Capital, Accomplice, Coinbase Ventures, among others. Founded in 2018, Liquality offers access to widely-used blockchain… Read More

August 10, 2021 @ 8:31 am By Omar Faridi  |  

The latest report from EthHub, the “essential” resource for Ethereum information, curated by Anthony Sassano (@sassal0x) and Eric Conner (@econoar), notes that Ethereum Improvement Proposal or EIP-1559 is now live on the Ethereum (ETH) network. Since the major upgrade went live this past week, the… Read More

August 8, 2021 @ 5:24 pm By Omar Faridi  |  

Bakkt Holdings, LLC, the digital asset marketplace that’s behind the Bakkt App, revealed earlier this week that it has partnered with Quiznos, a national quick-service restaurant (QSR), in order to offer its first physical location pilot “enabling Quiznos customers to pay with bitcoin at select… Read More

August 7, 2021 @ 2:28 pm By Omar Faridi  |  

Digital assets firm Coinbase (NASDAQ: COIN) announced that it’s funding scholarships in India for the Dapp Ethereum Bootcamp, which has reportedly been founded by a former Coinbase engineer. Coinbase confirmed that it will be covering 90% of costs “for 10 talented individuals to attend inaugural… Read More