Blockchain & Digital Assets

April 29, 2025 @ 4:19 pm By JD Alois  |  

bunq, a digital bank based in the Netherlands, now offers crypto investing within its app. The service is now available in the Netherlands, France, Spain, Ireland, Italy, and Belgium. Bunq states that it will roll out crypto trading across the entire European Economic Area, as… Read More

April 29, 2025 @ 1:45 pm By Omar Faridi  |  

Circle Internet Group, Inc., a global financial technology company and stablecoin market participant, announced it has received In-Principle Approval (IPA) from the Financial Services Regulatory Authority (FSRA) of ADGM to operate as a money services provider. This IPA marks a significant step towards Circle securing… Read More

April 29, 2025 @ 10:56 am By JD Alois  |  

Last week, FCA Chief Data, Information, and Intelligence Officer Jessica Rusu delivered a speech on the regulation of digital assets. Delivered at the CityUK International Conference 2025, Rusu said the regulator is supporting growth via innovation while reducing regulatory burdens. She noted that entrepreneurs are “looking for predictability,… Read More

April 29, 2025 @ 10:07 am By Omar Faridi  |  

Sygnum, a global digital asset banking group, reveals an accelerating push towards Crypto-TradFi treasury management by its DLT foundation and corporate clients. The demand for advanced tools to manage multi-asset treasuries – on the same banking platform – has led “to a doubling of clients… Read More

April 29, 2025 @ 8:02 am By Omar Faridi  |  

Coinbase (NASDAQ: COIN), Fabric Ventures, Animoca Brands and Founders Factory have launched a multi-million pound accelerator in the UK, set to transform the UK’s blockchain and AI ecosystem. This initiative reportedly aims to unlock product market fit and growth for the so-called “next generation” of… Read More

April 28, 2025 @ 11:11 pm By Omar Faridi  |  

Regtech SlowMist, a blockchain security firm, continues to solidify its role in the evolving Web3 ecosystem through innovative incident response, and collaborative defense strategies. Recent updates from Regtech SlowMist highlight their pivotal role in recovering stolen funds, advancing on-chain communication techniques, and fostering global cybersecurity… Read More

April 28, 2025 @ 11:06 pm By Omar Faridi  |  

Cryptocurrency exchange Bitget has announced plans to pursue legal action against eight accounts suspected of orchestrating a sophisticated market manipulation scheme involving the VOXEL token, resulting in illicit profits exceeding $20 million. The move comes in response to unusual trading activity detected on April 20,… Read More

April 28, 2025 @ 10:05 pm By Omar Faridi  |  

In a recent incident impacting the web3 and decentralized finance (DeFi) space, Term Finance, an Ethereum-based platform offering fixed-rate lending, reportedly recovered $1 million of the $1.6 million lost due to a misconfigured oracle in its Treehouse (tETH) market. The error is said to have… Read More

April 28, 2025 @ 6:08 pm By Omar Faridi  |  

Mike Cagney, Co-founder and CEO of Figure Markets, who also founded SoFi, has outlined transformative changes on the horizon for financial markets driven by upcoming stablecoin legislation and blockchain innovations. These developments, expected to take shape by the August recess, could redefine the banking system,… Read More

April 28, 2025 @ 9:33 am By JD Alois  |  

Tokenization enabler Tokeny and blockchain entity HBAR Foundation have revealed a partnership pertaining to the digitization of Real World Assets (RWAs). The collaboration is said to deliver a “compliant, scalable, and green institutional tokenization on the Hedera Network. The agreement is described as a “major milestone”… Read More

April 28, 2025 @ 7:19 am By Omar Faridi  |  

BitGo, the infrastructure provider of digital asset solutions, is pleased to announce that its Dubai subsidiary, BitGo Custody MENA FZE, has received a Virtual Assets Service Provider (VASP) operating license to provide Virtual Asset Custody Services and Staking, from Dubai’s Virtual Assets Regulatory Authority (VARA)…. Read More

April 28, 2025 @ 7:16 am By Omar Faridi  |  

Nexo, the global digital assets wealth platform, has announced its return to the United States after recognizing a more favorable regulatory environment under the Trump Administration. The re-entry was unveiled at a business session featuring addresses from Donald Trump Jr., EVP of The Trump Organization;… Read More

April 27, 2025 @ 11:12 pm By Omar Faridi  |  

Financial infrastructure Fintech Stripe, the $70 billion online payment processing firm, has announced a new stablecoin product powered by Bridge, a startup it acquired for $1.1 billion in October 2024. The initiative, shared by Stripe CEO Patrick Collison on X, marks the company’s expansion into… Read More

April 27, 2025 @ 10:11 pm By Omar Faridi  |  

Loopscale, a so-called decentralized finance (DeFi) protocol operating on the Solana blockchain, fell victim to a significant security breach, resulting in a loss of approximately $5.8 million. This amount represents 12% of the platform’s total value locked (TVL), which stood at around $40 million prior… Read More

April 27, 2025 @ 9:59 pm By Omar Faridi  |  

Bridging traditional finance or TradFi and decentralized finance or DeFi comes with great challenges, like regulation. SilentSwap, a cross-chain aggregator that sources liquidity from multiple decentralized platforms, is working to solve this challenge. On SilentSwap, institutional investors can engage with DeFi‘s products and services without… Read More

April 27, 2025 @ 9:37 pm By Michael Wong  |  

Nasdaq is calling on U.S. regulators to establish clearer rules for digital assets by defining them into four distinct categories, a move the exchange operator said would help determine the proper oversight responsibilities between federal agencies. In a 23-page letter sent to the Securities and… Read More

April 27, 2025 @ 9:33 pm By Omar Faridi  |  

A research report from NYDIG highlights a shift in Bitcoin’s (BTC) market behavior, positioning it as a potential non-sovereign store of value in a landscape of growing economic and geopolitical instability. But these signs are very early and a bit pre-mature to draw an definitive… Read More

April 27, 2025 @ 9:31 pm By Tony Zerucha  |  

Theo, a network connecting on-chain capital to global markets via institutional-grade trading infrastructure, has raised $20 million in funding. The round was jointly led by Hack VC and Anthos Capital, with participation from venture capital firms including Manifold Trading, Mirana Ventures, Metalayer Ventures, Flowdesk, SCB, MEXC, Amber… Read More

April 27, 2025 @ 8:00 pm By Michael Wong  |  

MagicBlock, a startup building fully on-chain real-time applications on the Solana blockchain, said it has raised $7.5 million in a Seed funding round led by Lightspeed Faction. The round was also backed by Maven11, Delphi Digital, Robot Ventures, Mechanism Capital, Equilibrium, Pivot Global, and angel… Read More

April 27, 2025 @ 5:38 pm By Michael Wong  |  

iMENA Group, a regional operator of digital platforms in the Middle East and North Africa, has raised $135 million in the first tranche of its pre-IPO funding round, backed by Sanabil Investments, FJ Labs, and several Saudi investors, including Saygin Yalcin, founder of SellAnyCar. The… Read More