Bitcoin Daily BlackRock Studies Blockchain

The Shacklewell Lane Mosque in Britain was able to collect in 14,000 ($18,535 USD)-worth of bitcoin and ether for donations,Cryptovestreported. That amount far exceeds cash donations, which brought in 3,500. The contributions come amid the Holy Month of Ramadan, when Muslims traditionally make donations to charity.

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The Swiss stock exchangeSIXcould offer trading for cryptocurrencies on the companys SIX Digital Exchange,CCNreported. Even so, the platform is still in development, and a spokesperson said that crypto or digital assets that may be added to the platform will go through a due diligence process.

In other news,BlackRock looking into blockchain: The asset manager has put together a working group to study the technology,Reuterssaid. The firm is a big student of blockchain, according to BlackRock Chief Executive Larry Fink. If BlackRock were to use the blockchain or invest in crypto, it would be a big win for the nascent technology. As the worlds largest asset manager, BlackRock managed $6.3 trillion in assets as of the end of June.

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On another note,Kairosunveiled a verification system for crypto transactions that uses biometrics, according toVentureBeat. The technology can verify the identity of a person associated with a wallet to prevent theft from occurring. Kairos Founder and CEO Brian Brackeen said there is a well-defined problem for his product: Theres so many hacks, so many middleman attacks, and so many people getting faked out by wild addressesand so many billions of crypto stolen every year.

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In other news,Coinbasereportedly has the go-ahead from two watchdogs in the U.S. to acquire three companies,Bloombergreported. TheFinancial Industry Regulatory Authority(FINRA) and TheU.S. Securities and Exchange Commission(SEC) gave approval for the crypto firm to buyVenovate Marketplace Inc.Digital Wealth LLCandKeystone Capital Corporation. With the move, Coinbase said in June that it would have the licenses to work as an alternative trading system, registered investment advisor and broker dealer.

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