Blockchain & Digital Assets

Blockchain, distributed ledger technology, crypto, digital assets, tokenization and stablecoin news.

Ripple Expands Singapore Payment Activities for Major Payment Institution License

Ripple, a financial technology company providing crypto solutions for businesses, announced that the Monetary Authority of Singapore (MAS) has approved an “expanded scope” of payment activities for the Major Payment Institution (MPI) license held by its Singapore subsidiary, Ripple Markets APAC Pte. Ltd. (RMA). With… Read More

Crypto Trading : DEX to CEX Volume Ratios Set New Highs

CoinGecko noted that the decentralized crypto exchange or DEX to centralized exchange or CEX spot ratio has more than tripled in the last five years, with DEX spot trading volumes starting “out at just 6.0% of CEX spot volumes in Jan 2021 and growing to… Read More

Coinshares Reports Crypto Inflows as Some Anticipate Bounce. Meanwhile Bitcoin, Ethereum Tank

Nobody seems to love crypto anymore. Bitcoin is down by almost 8% over the last 24 hours, with Ethereum (ETH) down by over 10%. There is plenty of speculation as to why people are selling, but there are also reports of people anticipating a bounce… Read More

Crypto Compliance in the EU : VASP to CASP Transition Under MiCA Examined in New Report

As this year finally draws to a close, the European Union is said to be entering a somewhat decisive phase in its effort to harmonize digital asset regulation under the Markets in Crypto-Assets (MiCA) framework. This, according to an update from Hacken which also noted… Read More

Bitcoin Suisse to Enable Ethereum Privacy Infrastructure with Participation in Aztec Labs Token Offering

Bitcoin Suisse, Switzerland’s crypto finance service provider providing trading, staking, custody, and lending services, is participating in the token sale of Aztec Labs alongside Swiss institutional staking partner Solstice. This move reinforces their commitment to supporting fundamental infrastructure development that supports the smart contract powered… Read More

Bitcoin, Tether and The Fed: Web3 Thoughts of the Week

A Bitcoin bounceback? Tether troubles? Fed fluctuations? These and more occupy this edition of Web3 Thoughts of the Week. Fed response key to Bitcoin bounceback “The scale of this pullback is the market’s response to uncertainty, not a collapse in underlying demand. Many investors have… Read More

Securitize Reportedly Obtains EU Approval and Selects Avalanche for Deployment of European Trading and Settlement System

Securitize, the world’s platform for tokenizing real-world assets, announced that it has received the regulatory approval to operate as an Investment Firm and a Trading & Settlement System (TSS) in the European Union. As part of this authorization, Securitize said that it will launch its… Read More

KuCoin EU Obtains MiCA License to Provide Digital Asset Services

KuCoin, a global crypto platform, announced that its European entity, KuCoin EU Exchange GmbH, has reportedly obtained a Markets in Crypto-Assets (MiCA) license in Austria. This authorization allows KuCoin EU to offer “compliant” digital asset services across 29 countries in the European Economic Area (EEA,… Read More

Upbit Claims Audit of Recent Hack Identified Wallet Vulnerabilities that Allows Bad Actors to Derive Private Keys

Crypto exchange Upbit recently claimed that it had identified and fixed a major codebase vulnerability found in its internal digital wallet system and platform while carrying out an urgent probe into the recent $30 million hack / theft that impacted the South Korean exchange this… Read More

China’s Bitcoin (BTC) Mining Increases to 14% Global Share Driven by Affordable Electricity, Report Claims

Compass Mining noted in a recent update that China currently holds an estimated 14% share of the global Bitcoin mining market. This, according to Hashrate Index, which reportedly makes it the world’s third-largest contributor to the overall global hashrate. Compass Mining also mentioned in their… Read More

Nexo’s Chief Banking Officer Explains How to Bring Real-World Utility to Digital Assets Sector

We recently connected with Lorenzo Pellegrino, the newly appointed Chief Banking Officer at Nexo, a digital assets wealth platform designed to empower clients to grow, manage, and preserve their crypto holdings. Nexo’s mission is to enable wealth creation by focusing on tailored solutions that build… Read More

AI Bubbles and DeFi’s Positioning Amidst Market Turmoil: Web3 Thoughts of the Week Bonus Edition

Fears of an AI bubble and how the current market turmoil is good for DeFi generated a bonus Web3 Thoughts of the Week Market turmoil is DeFi’s opportunity “Downturns are uncomfortable, but they create the exact conditions where decentralized finance shines. When liquidity dries up… Read More

Bitcoin and Crypto Market Recovery Hinges on Steady ETF Inflows, DAT Accumulation, Stablecoin Supply Growth : Analysis

Coin Metrics has shared key insights on recent significant developments in the Bitcoin (BTC) and crypto space. The researchers from Coin Metrics have shared several important notes on major crypto events and what to anticipate as we close out this current year and head into… Read More

Regtech SlowMist Analyzes Malicious Code Stealing Sensitive Keys, Private Information

Regtech firm SlowMist noted that recently, the NPM ecosystem has experienced another large-scale package poisoning incident. For context, the so-called NPM ecosystem is the vast, interconnected system of the Node Package Manager (npm), which includes the “online registry of software packages and the command-line interface… Read More

Bitcoin Trading Volume Declines as Crypto Market Reverses Panic-Selling : Analysis

Dr. Sean Dawson, head of research at onchain options platform, Derive.xyz (TVL $115.8M, $18.6B trade volume), has shared a Bitcoin and cryptocurrency market update. Dr. Sean Dawson of Derive.xyz noted that Bitcoin (BTC) volume dropped 25% as the market seemingly reversed its panic selling. They… Read More

Paxos Announces Acquisition of Fordefi to Build Custody Infrastructure Layer to Enable On-Chain Economy

Paxos, the blockchain infrastructure platform, announced it has acquired Fordefi, which is described as an institutional-grade custody and wallet technology provider. Businesses have reportedly relied on Paxos for custodial infrastructure as they enter the on-chain financial economy. Digital asset market adoption continues and customers require… Read More

Robinhood Extends Prediction Markets Offering via JV and Partnership with Susquehanna

Robinhood (NASDAQ: HOOD) is reportedly introducing a futures and derivatives exchange and clearinghouse, deepening our investment in Prediction Markets and better positioning us to deliver various products to our customers. JB Mackenzie, VP and General Manager of Futures and International at Robinhood said that they… Read More

Tether’s Downgrade by S&P Global Has Not Impacted Stablecoin’s US Dollar Peg or Credibility

S&P Global may have somewhat surprised the stablecoin sector this past week after cutting Tether’s rating to “weak,” citing persistent disclosure gaps and structural opacity across its reserves. The downgrade appears have put fresh scrutiny on the world’s largest stablecoin, Tether (USDT), and analysts at… Read More

Wyoming Stable Token Commission Introduces Stablecoin Testing Initiative for Web3 Users

Anthony Apollo, Executive Director at the Wyoming Stable Token Commission, has shared what he claims is another first for a U.S. state which has been achieved by their organization (the Wyoming Stable Token Commission). At a recent gathering / sesssion, their CISO Keith Lawhorn unveiled… Read More

European Asset Manager Amundi Tokenizes its First Fund in Collab with CACEIS

Amundi, Europe’s asset manager, announces the launch of its tokenized share of the AMUNDI FUNDS CASH EUR money market fund. The first transaction reportedly took place on Nov 4, and the fund is now said to be distributed in a hybrid manner: it now remains… Read More

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