Blockchain & Digital Assets

July 10, 2025 @ 7:49 pm By Michael Wong  |  

Australian financial authorities have moved forward with Project Acacia, unveiling the private-sector participants and next steps in an initiative aimed at exploring the use of digital money and tokenised assets in wholesale financial markets. The project, jointly led by the Reserve Bank of Australia (RBA)… Read More

July 10, 2025 @ 1:54 pm By Omar Faridi  |  

SIX and Banque Pictet & Cie SA have announced the successful conclusion of a joint pilot project, tokenizing corporate debt instruments and allocating fractional quantities of these assets to portfolios managed by Pictet Asset Management SA. This initiative demonstrates the potential of “tokenized securities which… Read More

July 10, 2025 @ 10:00 am By Omar Faridi  |  

As Binance, the world’s largest cryptocurrency exchange, is marking its eighth year of operations. Alongside this milestone, Binance Research has released its July 2025 report, which highlights key trends shaping the cryptocurrency market. On July 8, 2025, Binance announced its anniversary campaign, themed around the… Read More

July 10, 2025 @ 9:05 am By Omar Faridi  |  

In a historic milestone for Greece’s fight against financial crime, the Hellenic Anti-Money Laundering Authority (HAML) executed the country’s first-ever cryptocurrency seizure, successfully recovering a portion of funds stolen in the massive $1.5 billion Bybit exchange hack of February 2025. This breakthrough, announced on July… Read More

July 10, 2025 @ 5:58 am By Omar Faridi  |  

The German Federal Financial Supervisory Authority (BaFin) has recently highlighted both the transformative potential of financial technology and the risks posed by unregulated financial activities. Through a keynote speech at BaFinTech 2025 and consumer warnings about unauthorized entities, BaFin underscores its dual role as a… Read More

July 10, 2025 @ 4:45 am By Omar Faridi  |  

Bullish, an institutionally focused and regulated global digital asset platform and exchange, says it will collaborate with the Solana Foundation, the steward of one of the “most scalable” blockchains, to advance institutional-grade financial infrastructure on-chain. This collaboration aims to “make Solana-native stablecoins the primary digital… Read More

July 10, 2025 @ 3:52 am By Omar Faridi  |  

Banxa, a global fiat-to-crypto on-ramp enabler, has announced a partnership with Concordium to make CCD accessible to users in over 130 countries. CCD is the native token of the Concordium blockchain, a privacy-focused platform. With this partnership, Banxa’s on-ramp services will be integrated immediately in… Read More

July 10, 2025 @ 3:45 am By Omar Faridi  |  

YZi Labs has announced its investment in Digital Asset, a platform for enterprise-grade tools to build compliant solutions for regulated markets. This investment builds on Digital Asset’s $135M Series E fundraising round announced on June 24, which “included participation from major financial institutions such as… Read More

July 9, 2025 @ 9:57 pm By Omar Faridi  |  

Ziglu, a digital banking and crypto platform founded by former Starling Bank co-founder Mark Hipperson, has entered special administration, signaling severe financial distress. Ziglu was a high-profile Fintech startup that raised growth capital in several investment crowdfunding rounds. At one point, US based Robinhood was… Read More

July 9, 2025 @ 6:53 pm By Omar Faridi  |  

Crypto.com is expanding its support for The Open Network (TON) Foundation, deepening its commitment to TON’s ecosystem. As part of this expanded collaboration, TON Foundation has also become a client of Crypto.com Custody, gaining “access to institutional-grade custody solutions for assets on TON Blockchain.” Crypto.com… Read More

July 9, 2025 @ 6:52 pm By Omar Faridi  |  

The digital landscape is increasingly becoming a battleground for regulators and cybercriminals, with recent developments highlighting the critical need to disrupt the infrastructure enabling illicit activities. Two significant updates underscore this ongoing struggle: the U.S. Treasury’s sanctions against Russia-based hosting provider Aeza Group for supporting… Read More

July 9, 2025 @ 11:35 am By Omar Faridi  |  

The evolving ecosystem of digital assets presents various challenges for businesses striving to maintain compliance and transparency in their financial reporting. This, according to an update from TaxBit. As cryptocurrencies and blockchain-based assets become integral to global finance, the need for robust, audit-ready accounting solutions… Read More

July 9, 2025 @ 9:47 am By Omar Faridi  |  

The first half of 2025 has marked a grim milestone for the cryptocurrency industry, with over $2.1 billion stolen across 75 distinct hacks and exploits, according to a recent report by TRM Labs. This figure not only surpasses the previous first-half record set in 2022… Read More

July 9, 2025 @ 9:00 am By JD Alois  |  

Fundrise founder and CEO Ben Miller visited with CNBC this week to discuss the growing business of providing retail access to private securities typically issued under the Reg D exemption. Reg D requires an investor to be deemed “Accredited” – earning over $200,000 a year… Read More

July 9, 2025 @ 7:56 am By JD Alois  |  

The Bank of New York Mellon Corporation (BNY) (NYSE: BK)will provide custody for Ripple’s dollar-based stablecoin RLUSD. Congressional legislation providing clarity on the regulation of payment stablecoins is expected to be passed into law soon. This will mean the banks will feel more comfortable providing… Read More

July 9, 2025 @ 5:53 am By Omar Faridi  |  

We recently caught up with decentralized finance and blockchain professional, Tory Green, co-founder of io.net, who shared key insights about the GENIUS Act. While the Senate’s passage of the bill was historic, momentum is now at risk. House lawmakers are considering whether to merge the… Read More

July 9, 2025 @ 5:49 am By Omar Faridi  |  

Blockdaemon, an institutional-grade blockchain infrastructure provider, is solidifying its position as a cornerstone of the Web3 ecosystem. With over $110 billion in digital assets secured for more than 400 institutions, Blockdaemon continues to drive innovation through strategic partnerships, regional expansion, and key leadership appointments. Recent… Read More

July 9, 2025 @ 5:23 am By Omar Faridi  |  

AI firm CoreWeave (NASDAQ: CRWV) and Core Scientific (NASDAQ: CORZ), a data center infrastructure provider, announced that they have signed a definitive agreement under which CoreWeave will acquire Core Scientific in an all-stock transaction. Under the terms of the merger agreement, Core Scientific stockholders will… Read More

July 8, 2025 @ 8:53 pm By Michael Wong  |  

Pakistan’s cabinet has cleared the creation of the Pakistan Virtual Assets Regulatory Authority (PVARA), setting the stage for a formal licensing and supervisory regime for digital-asset businesses in a country that already ranks among the world’s busiest crypto markets. A cabinet communiqué said PVARA will… Read More

July 8, 2025 @ 1:48 pm By JD Alois  |  

Trump Media (Nasdaq, NYSE Texas: DJT), the company that operates Truth Social and is affiliated with President Donald Trump, has filed for a “Crypto Blue Chip ETF” according to a statement by the company. Trump Media previously revealed its intent to pursue an ETF. The… Read More