Blockchain & Digital Assets

March 6, 2025 @ 3:45 pm By JD Alois  |  

The Digital Pound Foundation (DPF) has merged with Innovate Finance. Innovate Finance is an advocacy group that supports and promotes the growth of Fintech in the UK. DPF is playing a similar role but for advocating on behalf of a digital pound or CBDC and… Read More

March 6, 2025 @ 3:00 pm By JD Alois  |  

ICAN [Investors Choice Advocate Network], a legal advocacy group supporting smaller firms and individuals targeted by the Securities and Exchange Commission, says it has won another case as the courts have dismissed the PulseChain case. In 2023, the SEC filed charges against Richard Heart [aka… Read More

March 6, 2025 @ 1:47 pm By Omar Faridi  |  

Elliptic, the global firm focused on digital asset intelligence, is pleased to announce a partnership with Toobit, the cryptocurrency derivatives exchange, to streamline their AML compliance. Toobit has reportedly become one of the “fastest-growing” crypto derivatives platforms worldwide with a “24-hour combined spot and derivatives… Read More

March 6, 2025 @ 12:00 pm By Omar Faridi  |  

Following the recent updates on the surge in cryptocurrency ETFs, we recently caught up with Manthan Dave, Co-founder of Palisade, a digital assets custodian backed by enterprise blockchain firm Ripple. Manthan Dave from Palisade shared key insights on the potential for more crypto ETFs beyond… Read More

March 6, 2025 @ 10:10 am By Omar Faridi  |  

On March 4, 2025, the U.S. Senate voted 70-27 to repeal an IRS rule that would have potentially imposed very stringent reporting requirements on decentralized finance (DeFi) platforms, categorizing them as “brokers” under existing US tax laws. This decision, driven by a bipartisan coalition and… Read More

March 6, 2025 @ 8:15 am By Omar Faridi  |  

Dune now supports 100 chains, making it the one of the most comprehensive crypto data platforms, according to its developers. The team behind Dune noted that in the fast-evolving world of blockchain and web3, crypto data is the “lifeblood of innovation.” The update from from… Read More

March 6, 2025 @ 7:06 am By Omar Faridi  |  

Linea will reportedly be the “first” blockchain to have its Bridged USDC Standard implementation upgraded to native USDC by Circle. Linea will also gain support for CCTP V2 “following its upcoming mainnet launch.” Linea is a zkEVM Layer-2 blockchain powered by Consensys, built to scale… Read More

March 5, 2025 @ 4:22 pm By Omar Faridi  |  

Coin Metrics noted that the Solana blockchain has emerged as a key player in the web3 and crypto ecosystem, due to its relatively high throughput, fairly low transaction costs, and a fast-growing ecosystem (although a lot of activity centers around speculative trading and meme coins)…. Read More

March 5, 2025 @ 3:06 pm By Omar Faridi  |  

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Iran-based Behrouz Parsarad, the sole administrator of Nemesis, an online darknet marketplace, which was subject of an international law enforcement operation and “was taken down in 2024.” Prior to its takedown by… Read More

March 5, 2025 @ 10:40 am By JD Alois  |  

Following President Donald Trump’s announcement of his intent to create a Crypto Strategic Reserve, certain digital assets saw their prices rocket—only to collapse in the ensuing days. For example, Bitcoin, the most popular crypto in the world, rose by 10%. XRP jumped 33%, and AdA rocketed by 65%. But… Read More

March 5, 2025 @ 10:24 am By JD Alois  |  

MiCA, or Markets in Crypto Assets, is a regulatory ecosystem created by the European Union. The rules provide guidance for most digital assets with the exception of digital securities. Eunice AI has announced a  MiCA whitepaper library to facilitate compliance for digital asset firms interested in… Read More

March 5, 2025 @ 9:57 am By JD Alois  |  

The Securities and Exchange Commission (SEC) has backtracked on another crypto-related enforcement action or investigation. Yesterday, Cumberland DRW posted on X that its case had been dismissed in principle and is currently awaiting Commission approval. Cumberland said it was looking forward to working with the… Read More

March 5, 2025 @ 8:58 am By JD Alois  |  

Sygnum Bank AG, a digital asset bank regulated in Switzerland and Singapore, has expanded its off-exchange custody platform, Sygnum Protect. Sygnum states that it was the first bank to launch off-exchange custody services for institutional traders with Sygnum Protect in early 2024. The service aims… Read More

March 5, 2025 @ 8:43 am By Omar Faridi  |  

U.S.-based spot Bitcoin exchange-traded funds (ETFs) finally snapped an eight-day streak of net outflows on Friday (February 28, 2025), recording a modest $94 million in net inflows. The slight turnaround was primarily driven by Ark and 21Shares’ ARKB fund, which pulled in $194 million, and… Read More

March 5, 2025 @ 8:19 am By Omar Faridi  |  

President Donald Trump’s recent proposal to integrate various altcoins—such as XRP, Solana (SOL), Cardano (ADA), and Ethereum (ETH)—into a national cryptocurrency strategic reserve has ignited a firestorm of debate within the crypto industry. One of the key takeaways from this is that at least it… Read More

March 4, 2025 @ 2:29 pm By Omar Faridi  |  

Bitcoin Suisse is pleased to announce the addition of TON (The Open Network), OP (Optimism), ENA (Ethena) and ONDO (Ondo Finance) to its comprehensive trading and custody offering. Effective immediately, Bitcoin Suisse clients are able to trade and securely store TON, OP, ENA and ONDO,… Read More

March 4, 2025 @ 11:27 am By Omar Faridi  |  

Flowdesk, a full-service digital asset trading and technology firm, announced the close of its $102m financing round, including equity support from existing shareholders and HV Capital as well as debt from funds and accounts managed by BlackRock. Since its launch in 2020, Flowdesk has emerged… Read More

March 4, 2025 @ 11:12 am By JD Alois  |  

  Georgia Quinn has joined Securitize as its Chief Legal Officer. Quinn, well known in the Fintech sector, previously was General Counsel at Anchorage Digital, the only federally chartered digital asset bank, but has worked at several prominent Fintechs and large law firms focusing on… Read More

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

As sustainable finance and financial inclusion continue to gain traction on a global scale, technology-powered solutions leveraging blockchain and Web3 are playing a key role in addressing traditional financial challenges. As part of this movement, Swiss blockchain company Fedrok AG, says it has been actively… Read More

March 4, 2025 @ 9:18 am By JD Alois  |  

Infrared has raised $16 million in funding as it aims to become the first liquidity staking protocol on Berachain. Framework Ventures led the $14 million Series A, and a previous $2.25 million strategic round led by Binance Labs, Hack VC, and NLH brings the total… Read More