Blockchain & Digital Assets

February 21, 2025 @ 5:00 pm By Omar Faridi  |  

Sol Strategies Inc., a Canadian company dedicated to investing in and providing infrastructure for the Solana blockchain ecosystem, announced its selection as an approved staking provider for Tetra Trust, Canada’s First Licensed Digital Asset Trust Company. This integration reportedly enables Tetra’s institutional clients, “including 3iQ’s… Read More

February 21, 2025 @ 12:02 pm By JD Alois  |  

Crypto exchange Bybit has apparently been hacked. Bybit, based in Singapore, reports over 60 million users worldwide and is said to be the world’s second-largest cryptocurrency exchange by trading volume. It was not immediately clear as to how much may have been stolen from the… Read More

February 21, 2025 @ 11:28 am By JD Alois  |  

Coinbase (NASDAQ:COIN) is reporting that the Securities and Exchange Commission (SEC) is poised to drop all charges leveled at the digital asset platform, contingent upon the approval of a majority of Commissioners. As Republicans now control the Commission, this should be little more than a… Read More

February 21, 2025 @ 9:29 am By JD Alois  |  

In January 2024, the then Chairman of the Securities and Exchange Commission (SEC) had his X account hacked. The individual who commandeered the account used his access to announce the approval of Bitcoin ETFs, impersonating Chair Gary Gensler – one day before the SEC intended… Read More

February 21, 2025 @ 7:15 am By Omar Faridi  |  

Figure Markets, a platform for decentralized finance (DeFi), has recently launched the first interest-bearing stablecoin native to a public blockchain registered with the Securities and Exchange Commission. YLDS, described as a public security offered through Figure Markets’ wholly owned subsidiary, Figure Certificate Company, is “a fixed-price,… Read More

February 21, 2025 @ 6:37 am By Omar Faridi  |  

Societe Generale-FORGE announces the launch of its EUR-backed stablecoin (EURCV) on the Stellar network. This expansion will open opportunities for users and businesses “to access a secure, transparent, and scalable digital euro stablecoin, powered by the innovative Stellar blockchain infrastructure.” This move combines the regulatory… Read More

February 20, 2025 @ 8:43 am By Omar Faridi  |  

Elliptic, the global enabler of crypto-asset compliance and risk management, is pleased to announce a collaboration with the DFINITY Foundation, a  key player focused on decentralized technology. This partnership aims to establish various new benchmarks for security and compliance across the Internet Computer Protocol (ICP)… Read More

February 19, 2025 @ 10:45 pm By Omar Faridi  |  

Function (formerly Ignition) announced that Galaxy Digital has joined as a core contributor to ƒBTC (FBTC) and will participate as “an investor in Function’s seed funding round.” This partnership enhances Function’s foundation alongside existing contributors Mantle and Antalpha Prime, solidifying its “position as a standard… Read More

February 19, 2025 @ 5:23 pm By Omar Faridi  |  

Donald Trump’s first 30 days of his second term as President of the United States have been quite eventful. To mark the occasion, Saxo Bank spoke to Trump’s former Communications Director, Anthony Scaramucci, to get his take on Trump’s first month. Scaramucci is probably best known for… Read More

February 19, 2025 @ 12:55 pm By Omar Faridi  |  

A new research report presents the outcome of a detailed study undertaken by IBM Promontory for the European Commission on embedding supervision in the decentralized finance (DeFi) ecosystem. The project comprised four different phases: identifying use cases and protocols to assess, defining elements of comparison… Read More

February 19, 2025 @ 9:40 am By Omar Faridi  |  

OKX is reportedly among the first MiCA-licensed global crypto exchanges to passport its services across Europe. This is considered to be a key milestone for their company and the crypto community in the European Economic Area (EEA). OKX now reportedly offer regulated, localized crypto services… Read More

February 19, 2025 @ 9:00 am By Omar Faridi  |  

Zodia Custody, a digital asset custodian backed by Standard Chartered, SBI Holdings, and Northern Trust, recently partnered with Kiln, an enterprise-grade staking service provider. This allows its institutional clients to benefit from Kiln’s staking services, providing institutions greater flexibility. Zodia Custody’s clients will now have access to… Read More

February 18, 2025 @ 9:34 pm By Omar Faridi  |  

Cactus Custody announces the completion of its SOC 1 Type 1 attestation, underscoring its focus on maintaining operational standards, accurate financial reporting, as well as digital asset security. This latest milestone for Cactus Custody reflects their ongoing commitment to providing secure, reliable custody solutions that… Read More

February 18, 2025 @ 3:33 pm By Omar Faridi  |  

Standard Chartered Bank (LON: STAN), Animoca Brands, and HKT have entered into agreements to establish a joint venture with the intention to apply for a license from the Hong Kong Monetary Authority (HKMA) in the new regulatory regime in order to issue “a Hong Kong… Read More

February 18, 2025 @ 3:12 pm By JD Alois  |  

Coinshares (CNSRF) reported a net profit for Q4 2024 of £31.9 million. Total assets under management were £5.495 at the end of the quarter. Net profit for the full year ending in December was £104,374,023. Coinshares said that Q4 2024 marks one of its strongest… Read More

February 18, 2025 @ 12:27 pm By JD Alois  |  

Crypto Exchange HTX says it has topped 50 million users on its platform. Formerly doing business as Huobi, HTX has approval to operate in several different jurisdictions, according to their website, including: Lithuania: Digital wallet and virtual currency exchange operator Dubai: Initial approval of a… Read More

February 17, 2025 @ 4:47 pm By Omar Faridi  |  

Bullish, one of the regulated digital asset exchanges, announced it has integrated with algorithmic crypto trading execution tool provider Anboto Labs, to enhance the trading experience for institutional investors. Mutual customers can now leverage Anboto Labs’ Order Execution Management System (OEMS), a “suite of advanced… Read More

February 17, 2025 @ 11:08 am By Omar Faridi  |  

Plasma, a “purpose-built” blockchain for stablecoin payments, announced it has secured $24 million in funding. Plasma has raised $20 million in a Series A led by Framework Ventures, a  crypto-native venture capital firm “known for its early entrance in the DeFi, AI, and DePIN spaces.”… Read More

February 17, 2025 @ 9:00 am By Omar Faridi  |  

With Bitcoin price surpassing $100K, it’s arguable that 2025 is starting strong for the crypto industry. Regulatory developments in Hong Kong and the United Kingdom, combined with regime change in the United States, could set the stage for more institutional and mainstream adoption of stablecoins…. Read More

February 17, 2025 @ 8:25 am By Omar Faridi  |  

Bitget, the cryptocurrency exchange and Web3 company, has obtained a Virtual Asset Service Provider (VASP) license from Bulgaria’s National Revenue Agency. The licensing now enables Bitget to offer a suite of crypto services within Bulgaria, including the “exchange, trading, transfer, custody, and public offering of… Read More