Many people who are tired of everyday problems prefer to spend time in a virtual world where you can make or buy anything. Why is virtual land becoming more popular, and where can you buy it? A couple of months ago, the crypto community was surprised by the news that users of the Decentraland virtual…
Read more
Major digital asset platform Bakkt has completed a new $300 million funding round, its second funding round after securing $182 million in late 2018. While cryptocurrency markets are experiencing another crash this Monday, major digital asset platform Bakkt has some good news. Referred to as one of the most promising crypto-related initiatives for its physically…
Read more
Blockchain Technology Partners launch DAML on Amazon’s Quantum Ledger Database, enabling smart contracts. Customers can now integrate smart contracts on Amazon Web Services’ Quantum Ledger Database, or QLDB, thanks to tech company Blockchain Technology Partners. Blockchain Technology Partners, or BTP, unveiled general availability for its DAML incorporation, accessible through its Sextant for DAML platform, allowing…
Read more
Venture arms for Samsung and Salesforce invest in a second Series C funding round for blockchain startup Digital Asset. Venture arms for Salesforce and Samsung participated in a second Series C funding event for a startup called Digital Asset. After gathering $35 million in its first Series C raise that ended in December 2019, Digital…
Read more
A crypto advocacy group, the Chamber of Digital Commerce, provided its arguments on how a U.S. court should consider digital assets. The Chamber of Digital Commerce has filed an amicus brief in the ongoing court case between encrypted messenger service Telegram and the United States Securities Exchange Commission (SEC). Filed on Jan. 21, the document…
Read more
J. Christopher Giancarlo, ex-CFTC chairman aka “Crypto Dad” has started a think tank to promote the blockchain-based U.S. dollar. J. Christopher Giancarlo, former chairman of the Commodity Futures Trading Commission (CFTC), plans to promote the blockchain-based United States dollar with a new think tank. Giancarlo, who earned the “Crypto Dad” moniker for advocating a “do…
Read more
SBI will invest an undisclosed amount in Boerse Stuttgart Digital Exchange and Boerse Stuttgart Digital Ventures to drive crypto adoption. Japanese financial services giant SBI has partnered with Germany’s second-largest stock exchange Boerse Stuttgart Group to promote the adoption of digital assets. Specifically, SBI will invest an undisclosed amount in two digital asset-focused subsidiaries of…
Read more
New York-based digital asset security firm Fireblocks has successfully completed a major security examination carried out by Big Four auditing firm EY. New York-based digital asset security firm Fireblocks has successfully completed a major examination carried out by Big Four auditing firm Ernst & Young (EY). Fireblocks, which provides an institutional-grade platform for secure transfer…
Read more
The South Korean National Assembly has progressed a bill to provide a legal foundation for cryptocurrencies in the country. South Korea’s National Assembly is progressing a bill that will provide a legal basis for cryptocurrencies in the country. The bill categorizes virtual currencies as digital assets and intends to bring regulatory clarity and transparency to…
Read more
CFTC chairman Heath Tarbert has called for “principles-based regulation” for crypto, advocating for a period of observation. The chairman of the United States Commodity Futures Trading Commission (CFTC) has called for “principles-based regulation” for cryptocurrencies. Heath Tarbert, who assumed his post following former Chairman J. Christopher Giancarlo in July 2019, stated that taking such an…
Read more
