The bad news continued for Canadian exchange QuadrigaCX today, as the court-appointed monitor discovered that $378,000 worth of bitcoin was accidentally lost in a transfer to cold storage.
Ernst and Young, the accounting firm overseeing the exchange, said 103 bitcoins were lost last week in the transfer.
Chainalysis, a cryptocurrency compliance and investigation firm, has secured a $30M Series B financing led by Accel.
Benchmark also increased its investment in the company after leading its $16M Series A round last April. Chainalysis will use the funding to support strategic product development of new cryptocurrency usage and open an office in London that will act as a hub for its research and development lab and regional expansion.
Elevated Returns (ER), a financial group focused on digitizing traditional financial assets, will use Tezos as the blockchain for its tokenized real-estate offerings. ER has a pipeline of real assets in excess of USD $1B targeted for these future token issuances.
The company is best known for its tokenization of the St.
The Municipality of Bari and payments platform SIA have teamed on a blockchain project that aims to digitize the process of managing surety policies.
A surety policy is an insurance contract through which an insurer guarantees compliance of performance to the purchaser concerning a contractual obligation or legal disposition. Read more »
Pixowl , a creator of world-building experiences that was recently acquired by Animoca Brands, has announced that its forthcoming decentralized blockchain gaming platform, The Sandbox, is launching a $2 million USD Creator Fund to support artists around the globe making and sharing creations on its platform.
The Xena Exchange platform is prepared to create a derivative on Telegram’s GRAM token later this month.
Investors would be able to trade the GRAM tokens before they are issued on the Telegram TON project. Xena’s derivative would be available as of Feb.
Kraken has acquired Crypto Facilities, a British trading firm that specializes in derivatives, and is close to raising $100 million in funding from its larger customers.
By acquiring Crypto Facilities, Kraken becomes the first crypto exchange to offer both spot and futures trading.
About 10 years ago, Silicon Valley was abuzz with software companies discussing the potential of “Big Data” and cloud services that could aggregate information. As technology progressed, software companies improved their data collection processes and many networks, apps, and devices began to ingest all information linked to the Internet.
Lithuanian financial and entrepreneurial institutions have issued a report on its FinTech results in 2018, claiming rising potential and world-known market players contributing to growth.
Over the year, the number of Lithuanian-based FinTech companies and their employees grew by more than 40%. In addition,
Today’s payers are burdened by the complex and traditionally manual and labor-intensive task of finding aberrations in services billed that could be indicative of fraud, waste and abuse. Enter payment integrity as opportunity. In the past, healthcare organizations have leaned heavily on adjudicators to identify fraud.
