BIGG, a Canadian-listed blockchain company, reported that as of September 30, 2024, it held about 100.5 bitcoins worth about $9.6419 million, BIGG held about $12.57 million in cash and cryptocurrencies, and held about $125 million in customer assets in custody, up 63% from the third quarter of 2024. BIGG has three subsidiaries, cryptocurrency research firm Blockchain Intelligence Group, cryptocurrency trading firm Netcoins, and Web3 technology company TerraZero.
According to The Block, Dutch blockchain company Quantoz Payments has launched two new stablecoins compliant with the European Union's Crypto Asset Markets Act (MiCA), USDQ and EURQ, pegged to the US dollar and the euro respectively. These stablecoins will be listed on exchanges Bitfinex and Kraken on November 21. Quantoz is regulated by the Dutch Central Bank, holds an Electronic Money Institution (EMI) license, and says its stablecoin is fully backed by fiat currencies and "highly liquid finan...
According to Fortune magazine, analysts at blockchain firm Chaos Labs and Inca Digital have found rampant wash trading on Polymarket. They found signs of fake trading activity in Polymarket, where buying and selling are often done simultaneously and repeatedly to create the illusion of volume and activity. Chaos Labs found that fake trading accounts for about a third of the US Presidential Election market volume on Polymarket, while Inca Digital found that a significant portion of the market vol...
On October 24th, according to Cointelegraph, blockchain company Consensys sent an open letter to the future president of the United States, asking for clear and supportive regulations on cryptocurrencies and Web3. The letter states that regulatory rulings need to be transparent to keep the United States competitive globally, while addressing consumer protection and illegal activities. Consensys believes that regulatory uncertainty in the United States has hindered the development of blockchain t...
Blockchain firm Consensys has sent an open letter to the future US president asking for clear and supportive regulations on cryptocurrencies and Web3. The letter, published on October 23, states that regulatory rulings need to be transparent to keep the US competitive globally while addressing consumer protection and illegal activities.
Blockchain company HUMBL has announced that the United States Patent and Trademark Office (USPTO) has officially issued a patent for the company's blockchain technology. According to the information provided, HUMBL's newly filed patent technology appears to be a blockchain-based currency transaction system that will act as a bridge between blockchain-based digital currencies and fiat currencies (and vice versa). This payment system will allow almost any two wallets to transact without intermedia...
BTCS, a Nasdaq-listed blockchain company, has released its second quarter report. As of June 30, 2024, the company reported net income of $5.50 million and held $33.5 million worth of cash and crypto assets (of which ETH holdings were worth about $27.2 million), an increase of 65% year-on-year, but a decrease of 15% compared to March 3, 2024. In addition, BTCS also said that it has officially released artificial intelligence-driven blockchain analysis platform ChainQ in July this year, aiming to...
The Jordanian Ministry of Digital Economy and Entrepreneurship has partnered with Jordanian blockchain company Blockexe to launch a national blockchain technology network called Modee Dlt. The application of blockchain technology to Jordanian government ministries is in line with the Jordan Strategy for digital transformation (2021-2025).
According to a statement, cross-border transfer and settlement blockchain firm Partior raised more than $60 million led by Peak XV Partners, with other investors including Jump Trading and Valor Capital. Partior's Series B funding also includes existing shareholders Temasek Holdings Pvt Ltd, JPMorgan Chase and Standard Chartered.
Blockchain firm OpenLedger raised $8 million in a seed round led by Polychain Capital and Borderless Capital. Other participants include HashKey Capital, Finality Capital, Hash3, STIX, MH Ventures, EigenLayer's Sreeram Kannan, Polygon's Sandeep Nailwal and Manta's Kenny Li, among others.