David McNickel

Blockchain Music

Investment Watch: Blockchain and the Music Industry – Harder Than It Looks

The music industry, with its digital distribution, extensive data tracking, and universal appeal, seems an ideal candidate for blockchain disruption. So how is it shaping up? Blockchain’s journey to significantly transform any industry, has been slower and more complex than anticipated. Despite all its promise, it hasn’t made a dent in the real estate sector, […]

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Nebeus

Nebeus Launches €250 Million Crypto-Backed Loan Program

In a significant move within the cryptocurrency loan sector, Nebeus has announced the launch of its new crypto-backed loan program, injecting €250 million in liquidity. Nebeus says the program is designed to cater to both individual and corporate clients and will offer competitive low-interest rates, allowing users to leverage their cryptocurrency assets for tangible financial

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Nexo Bulgaria

Nexo Hits Back Against Bulgarian Government

Nexo seeks $3 billion in damages from Bulgaria in ICSID arbitration after Bulgarian prosecutors dropped all charges in a case against the company that marred its activities for most of last year.   Nexo AG, along with its subsidiaries, has launched a $3 billion arbitration claim against the Republic of Bulgaria, alleging wrongful and politically motivated

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Crypto Earn

The Crypto ‘Earn’ Sector Is Under Siege in the United States

Crypto ‘earn’ products are retreating from the US as numerous agencies and states take action against the platforms offering yield on cryptocurrency staking, lending and borrowing. The future of the crypto ‘Earn’ sector in the United States seems to be at a crossroads. With regulatory bodies taking an increasingly aggressive stance, crypto platforms are having

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Xclaim Banner

Locked Account Holders Sell Their FTX, Celsius and BlockFi Accounts

With bankruptcy proceedings for failed crypto platforms likely to take many years, customers with locked funds are moving to sell their accounts in online marketplaces. In what was the first major crypto exchange implosion, the Mt. Gox exchange declared bankruptcy in 2014. Nine years later its account holders still have no confirmed date for a

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What Is Fireblocks

Fireblocks Advances Its Central Bank Digital Currency Strategy

Fireblocks has announced a key hire in its moves to engage with central banks globally in their introduction of digital currencies.  The company has hired former Head of Fintech at the Bank of England, Varun Paul, to helm its Central Banking Digital Currency (CBDC) and Market Infrastructure arm. Paul has a Master’s Degree in Economics

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NEXO BLOCKFI SEC

Nexo Ceases Offering Earn Product to New U.S. Customers

In the wake of the recent $100 million BlockFi settlement with the SEC and as the wider crypto-lending sector considers how to respond, Nexo has moved quickly – announcing it will no longer offer interest-bearing accounts for new U.S. customers. The news that New York-based BlockFi had settled with the SEC for $100 million is

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