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Chainalysis to Offer Lightning Network Monitoring Service to VASPs in 2022
11.12.2021
On December 10, the blockchain intelligence firm Chainalysis revealed that the company has added support for Bitcoin’s second-layer protocol the Lightning Network (LN). According to Chainalysis, firms like exchanges and virtual asset service providers (VASPs) can leverage...
Central Banks of France, Switzerland and BIS Complete Cross-Border CBDC Trial
9.12.2021
Bank of France, the Swiss National Bank (SNB), and the Bank for International Settlements have successfully tested the application of wholesale central bank digital currency in cross-border payments. The project used distributed ledger technology and was realized with help from private firms....
Discussion on crypto and major tech firms combine in hearing over decentralization of digital ecosystem
8.12.2021
“The point of crypto is to have true decentralization — the projects that succeed will be the projects that achieve that," said Brian Brooks
Video Game Giant Ubisoft Launches NFT Platform, Software Firm’s Blockchain-Tech Runs on Tezos
8.12.2021
The French video game manufacturer based in Montreuil, Ubisoft Entertainment SA, has announced the company has launched a blockchain-based platform called Ubisoft Quartz. According to the company, the platform will enhance specific games with playable and energy-efficient non-fungible token (NFT)...
Dan Tapiero’s 10T will launch $500M fund for late-stage crypto firms
7.12.2021
With the addition of the new fund, 10T Holdings’ assets under management would likely exceed $1 billion
Report: Nigerian Fintechs Account for Nearly 91% of $417.5 Million Raised by Tech Startups in the Country
30.11.2021
According to an analysis of the $417.5 million that was raised by Nigerian tech startups during the first nine months of 2021, fintech firms accounted for about $379 million or 90.78% of the total. Nigerian Fintechs Dominate the African Continent Nigerian fintechs currently account for more than...
EY Survey Finds 1 in 4 Hedge Funds to Increase Crypto Exposure Next Year
25.11.2021
EY, one of the big four consulting and auditing firms in the world, found that one in four hedge funds are expecting to increase their crypto exposure for the next year. The 2021 EY Global Alternative Fund Survey describes that alternative fund managers are slowly taking a stable place in...
Ripple Partners With Republic of Palau, 74 Japanese Firms to Issue a Digital Yen + More News
24.11.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Ripple Partners With Republic of Palau, 74 Japanese Firms to Issue a Digital Yen + More News
Socialite Paris Hilton Backs $20 Million Strategic Investment in NFT Protocol Origyn
24.11.2021
The non-fungible token (NFT) project the Origyn Foundation announced on Tuesday the team received a strategic investment of $20 million from a myriad of investors. Hilton hotel heiress Paris Hilton participated in the funding round alongside firms like Polychain Capital and Table Management. Origyn...
Blockchain Industry to Surpass $67 Billion by 2027: Fintech Report Names 2021’s Most Influential Blockchain Companies
17.11.2021
Financial technology (fintech) has exploded during the last two years and cryptocurrency and blockchain firms have bolstered the billion-dollar industry. A recently published study by Utility Bidder indicates that the industry is predicted to surpass $382 billion by 2027. Moreover, fintech firms...
China Targets Crypto Mining at State-Owned Enterprises, Threatens Punitive Measures
17.11.2021
Authorities in China are continuing to crack down on activities linked to cryptocurrencies which they consider illegal. The country’s top economic planning body has clearly indicated it intends to go after large-scale cryptocurrency mining taking place at government-operated industrial...
Acting OCC head calls for consolidated supervision for crypto firms
17.11.2021
Michael Hsu said this approach would require more cooperation from both federal and state regulators, with “less regulatory competition” and “more interdependence.”
Liquid staking protocol pSTAKE raises $10M from notable cryptocurrency venture capital firms and angel investors
16.11.2021
Twelve venture capital firms and three angel investors have joined in to fund the DeFi protocol
Every Large Bank Will Actively Consider Crypto in 1-3 Years, Says Former Citi CEO
14.11.2021
A former CEO of Citigroup said that every major bank and securities firm will consider crypto trading or services within one to three years. He also hopes that central banks worldwide will adopt digital currencies. Former Citi CEO Expects All Major Banks to Embrace Crypto in 1-3 Years...
Hong Kong Company Onedegree to Offer Insurance for Cryptocurrencies
13.11.2021
Onedegree, a virtual insurer based in Hong Kong, will provide insurance services for digital assets as part of a partnership with a local cryptocurrency exchange. By working together, the two firms hope to alleviate concerns discouraging potential investors from entering the crypto market....
Two firms account for the majority of Tether received: Report
12.11.2021
A new study by Protos claims that Tether flow is dominated by just two firms, Alameda Research and Cumberland
B2B firms want cross-border payments but skeptical of crypto: Survey
12.11.2021
Only 2% of B2B firms have adopted crypto payments so far, while 59% indicated no intention to accept it, one survey says
Ripple to launch ‘Liquidity Hub’ for finance firms that want to offer crypto trading
10.11.2021
The fintech firm wants to let its enterprise clients have access to cryptocurrencies through a new service called Liquidity Hub
These publicly traded firms are pulling institutions into crypto
9.11.2021
With increasing institutional capital flow into the crypto markets, publicly listed digital asset companies offer the best crypto gateway to institutional investors
Mintverse Closes Successful Seed Round of $1.5M
5.11.2021
PRESS RELEASE. Dubai, UAE, 5th November 2021 — Mintverse, a new and improved NFT service platform, closes their seed round raising $1.5 million from private investors. Led by A&T capital, and other large investment firms including Mirana Ventures, Longling Capital, Genesis Block...