Blockchain & Digital Assets

April 25, 2025 @ 4:17 am By Omar Faridi  |  

Global payments infrastructure platform Mercuryo has launched Spend, a new crypto debit card powered by the Mastercard network. Available through Ledger Live, the app to “securely” manage crypto and NFTs, Ledger users can now “use the Spend debit card to make purchases using their digital… Read More

April 25, 2025 @ 4:17 am By Omar Faridi  |  

The Securities and Exchange Commission (SEC) charged Ramil Palafox with allegedly orchestrating a fraudulent scheme that raised approximately $198 million from investors worldwide and misappropriating over $57 million of investor funds. According to the SEC’s complaint, Palafox’s company, known as PGI Global, claimed to be “a crypto asset… Read More

April 25, 2025 @ 4:13 am By Omar Faridi  |  

World, the human-centered financial and identity network, is reportedly a global network of 12,185,058 “real humans.” According to a blog post by World, more than 1500 Orbs “currently live in the field to verify unique humanness across 23 countries.” As with any network, its developers… Read More

April 24, 2025 @ 11:17 am By Omar Faridi  |  

Chainalysis has noted that on April 7, 2025, Deputy Attorney General Todd Blanche issued a pivotal memorandum, now widely known as the “Blanche Memo,” marking a significant shift in the U.S. Department of Justice’s (DOJ) approach to digital asset enforcement. This directive signals the end… Read More

April 24, 2025 @ 11:07 am By Omar Faridi  |  

Galaxy Digital (TSX: GLXY) recently traded $106 million worth of Ethereum (ETH) for Solana (SOL) tokens. According to blockchain analytics platform Lookonchain, this transaction unfolded over two weeks through Binance. The swap comes at a time when Ethereum faces significant challenges, including a historically low… Read More

April 24, 2025 @ 10:13 am By Omar Faridi  |  

Riot Platforms, Inc. (NASDAQ: RIOT), a firm focused on vertically integrated Bitcoin mining, is pleased to announce that it has entered into a $100 million credit facility with Coinbase Credit, Inc., a subsidiary of Coinbase Global, Inc. (NASDAQ: COIN). Under the terms of the credit… Read More

April 24, 2025 @ 9:12 am By Omar Faridi  |  

Wyden, the provider of institutional digital asset trading infrastructure, has been selected as a key technology partner in the launch of Sopra Crypto Solutions – together with Fireblocks and Chainalysis. Sopra Crypto Solutions is a white-label platform from Sopra Steria designed to accelerate “the launch… Read More

April 24, 2025 @ 8:11 am By Omar Faridi  |  

Elliptic, the global enabler of digital asset decisioning, is pleased to announce the integration of Sei into its comprehensive suite of screening and investigation compliance solutions. The integration connects blockchains into a unified financial network that is continuously monitored in real time, “making Sei’s blockchain… Read More

April 24, 2025 @ 8:03 am By Omar Faridi  |  

Charlotte, North Carolina, is solidifying as a hub for financial technology, thanks to a significant investment from Coinbase (NASDAQ:COIN). The company has announced plans to hire over 130 employees in the city, tapping into the region’s rich pool of fintech talent. This move underscores Charlotte’s… Read More

April 24, 2025 @ 5:33 am By Omar Faridi  |  

Arch Labs has closed a $13 million Series A funding round at a $200 million valuation. The funding round was led by Pantera Capital with participation from other strategic investors. The funds will now aim to accelerate the development and launch of the ArchVM, which… Read More

April 24, 2025 @ 4:24 am By Omar Faridi  |  

Russia’s Central Bank and Finance Ministry are preparing to introduce a specialized cryptocurrency exchange tailored for qualified investors. This initiative, set to operate under an experimental legal framework, marks a significant step toward (what appears to be) legalizing crypto assets in the country. The exchange… Read More

April 24, 2025 @ 4:06 am By Omar Faridi  |  

Archax, the UK-based digital asset exchange, broker and custodian, announced that it has opened an entity in the Dubai International Finance Centre (DIFC) under an Innovation License there. This builds on its recently announced expansion into both the EU and US regions, with broker acquisitions… Read More

April 23, 2025 @ 10:20 pm By Tony Zerucha  |  

Tally, a software platform for on-chain organizations, has secured an $8 million Series A funding round led by AppWorks, Blockchain Capital, 1kx and joined by CyberFund, Placeholder, BitGo and Bloccelerat. Tally powers infrastructure for organizations, including Arbitrum, Uniswap DAO, ZKsync, Wormhole, Eigenlayer, Obol, Hyperlane, and… Read More

April 23, 2025 @ 10:10 am By Omar Faridi  |  

Brandon Lutnick, chairman of Cantor Fitzgerald and son of U.S. Commerce Secretary Howard Lutnick, is leading a significant Bitcoin investment initiative. According to a recent report by the FT, Lutnick has recently partnered with key players in the crypto / web3 and investment sectors—SoftBank, Tether,… Read More

April 23, 2025 @ 7:15 am By Tony Zerucha  |  

Spacecoin, a decentralized physical infrastructure network (DePIN) powered by blockchain-enabled low Earth orbit (LEO) satellites, today announced the appointment of Jim Cantrell as a strategic advisor. A founding member (former vice president and Elon Musk’s industry mentor as an aerospace consultant) of SpaceX, and currently… Read More

April 23, 2025 @ 5:59 am By Tony Zerucha  |  

From crypto firms seeking bank charters to Circle’s payment network and energy-hungry centralized cloud systems, Web3 figures comment on the news of the week. STABLE Act driving crypto firms to seek bank charters “Reports that Circle, BitGo, and even Coinbase are considering applying for bank… Read More

April 23, 2025 @ 5:52 am By Omar Faridi  |  

In its first-quarter earnings report released on April 22, 2025, Tesla (NASDAQ:TSLA) confirmed that it held steady with its Bitcoin reserves, maintaining a total of 11,509 Bitcoin throughout the period. The electric vehicle giant did not sell any of its cryptocurrency holdings, however, Tesla‘s holding… Read More

April 22, 2025 @ 10:58 pm By Omar Faridi  |  

In a key move for the crypto derivatives market, the Singapore Exchange (SGX) has announced plans to introduce Bitcoin perpetual futures in the second half of 2025. This development positions SGX as a key player in the growing integration of digital assets into traditional financial… Read More

April 22, 2025 @ 4:45 pm By Omar Faridi  |  

Arca Labs, Tassat Group, Inc., and tZERO Group, Inc. announced the launch of Lynq, a real-time, yield-bearing settlement network powered by a tokenized treasury fund custodied at a special purpose broker-dealer. This announcement comes after more than a year of market engagement, platform development and the… Read More

April 22, 2025 @ 12:33 pm By Omar Faridi  |  

Recent Federal Election Commission (FEC) disclosures show that major cryptocurrency companies and their executives poured significant funds into US President Donald Trump’s $239 million inauguration fund after his 2024 election win. Released on April 20 by the Trump-Vance Inaugural Committee, these filings underscore the crypto… Read More