Blockchain & Digital Assets

January 3, 2025 @ 8:47 am By Omar Faridi  |  

MoonPay says it has secured approval under the Markets in Crypto-Assets (MiCA) regulation. Ratified by the European Parliament in April 2023, MiCA establishes a unified regulatory environment for digital assets “across the European Economic Area (EEA)—the world’s second-largest crypto economy behind North America.” MiCA aims… Read More

January 3, 2025 @ 8:16 am By Omar Faridi  |  

Max Rabinovitch, Chief Strategy Officer at Chiliz & Socios.com, has shared key insights with CI, reflecting on the most impactful developments of 2024 and predictions for the year ahead. As noted in the update, the Chiliz Chain is the Layer-1 blockchain for sporting brands to… Read More

January 3, 2025 @ 7:46 am By JD Alois  |  

Bitstamp CEO  Jean-Baptiste Graftieaux says 2024 was a transformative year for the digital asset sector. Bitstamp is a European crypto exchange that claims to be the world’s longest-running marketplace for crypto. In 2024, Robinhood acquired Bitstamp for $200 million as the broker sought to expand its… Read More

January 2, 2025 @ 8:38 pm By Omar Faridi  |  

Harrison Seletsky, director of business development at digital identity platform SPACE ID, predicts 2025 will be the year privacy comes into focus as the EU launches the digital euro and organizations battle data leaks. He also expects to see a proliferation of AI agents launching… Read More

January 2, 2025 @ 4:57 pm By Omar Faridi  |  

The most profitable crypto narratives in 2024 are AI, which “recorded the highest average price gains of 2,939.8% year to date (YTD), followed by memecoins which saw returns of 2,185.1% YTD.” This, according to a report from CoinGecko. This makes the AI and memecoin narratives… Read More

January 2, 2025 @ 4:52 pm By Omar Faridi  |  

SlowMist has reportedly passed the audit conducted by the international  certification body, DNV Management Services Group, and obtained the ISO/IEC 27001:2022 Information Security Management System Certificate (with recognition from CNAS and UKAS). This signifies that SlowMist’s information security management system meets international standards, “elevating its… Read More

January 2, 2025 @ 10:39 am By JD Alois  |  

Tether, TRON, and TRM Labs say they have frozen over $100 million digital assets globally as they seek to impede criminal activity pertaining to crypto. TRM Labs is a blockchain intelligence firm. The collaboration has been labeled the T3 Financial Crime Unit (T3 FCU) launched… Read More

January 2, 2025 @ 10:31 am By Omar Faridi  |  

As the year 2024 came to an end, the team at Polygon said it was clear that the past year was a mix of significant progress as well as challenges. The team at Polygon has provided a quick recap of the key developments from the… Read More

January 2, 2025 @ 8:23 am By Omar Faridi  |  

As 2024 came to an end, Coin Metrics says that the year stands in stark contrast to the crypto winter of 2022. As mentioned in the report from Coin Metrics, 2024 was one of the “most consequential years in the history of crypto” across multiple… Read More

January 2, 2025 @ 8:18 am By Omar Faridi  |  

Bitget Wallet, a Web3 non-custodial wallet, has reportedly exceeded 60 million global users, achieving 300% annual growth during 2024. Through ecosystem expansion, the platform has seen substantial adoption across key regions, solidifying its position as a key player in the multi-chain wallet ecosystem. Bitget Wallet… Read More

December 31, 2024 @ 5:23 pm By JD Alois  |  

The Internal Revenue Service (IRS) has posted final regulations regarding information reporting by brokers who affect transactions of digital assets. These regulations become effective on February 28, 2025. Last week, a bipartisan group of US House of Representatives members forwarded a letter to the US… Read More

December 31, 2024 @ 2:02 pm By Omar Faridi  |  

Taxbit says it is ready to support Brazilian businesses in meeting new crypto regulatory requirements with solutions designed to simplify compliance and ensure “seamless” reporting. The Brazilian Federal Revenue Service’s proposal demonstrates its commitment to aligning domestic crypto taxation with global standards. By expanding reporting… Read More

December 31, 2024 @ 1:56 pm By Timothy Li  |  

FINTECH in 2025! It’s been a whirlwind since my last Fintech predictions for 2024. I forecasted AI ubiquity, the end of BaaS, digital twinning, and Elon Musk’s ambition to dominate Fintech. Some of these predictions came true, others fell flat, but as they say, truth… Read More

December 31, 2024 @ 11:48 am By Omar Faridi  |  

OKX Founder Star Xu noted that as the CEO of the digital assets firm and a builder at heart, they are pleased to reflect on a solid year of growth and progress. Despite challenges, 2024 was a year of focus, innovation, and resilience, according to… Read More

December 31, 2024 @ 10:24 am By Omar Faridi  |  

Ledger’s partnership at the recent ETHGlobal Hackathon in Bangkok showcased a range of projects that are reportedly focused on enhancing digital asset security. Participants developed solutions to improve developer tools, enhance user experience, and “explore new use cases” for Ledger’s hardware wallets. Standout projects included… Read More

December 30, 2024 @ 9:43 am By JD Alois  |  

On Friday, Representative Patrick McHenry, the outgoing Chairman of the House Financial Services Committee, sent a parting shot to Secretary of the Treasury Janet Yellen regarding her profound failure to enable the emerging digital asset sector. The letter was signed by both Republicans and Democrats, displaying a… Read More

December 30, 2024 @ 8:47 am By Omar Faridi  |  

Nick Jones, Founder and CEO, Zumo, has shared three trends that he thins will shape the digital assets sector in 2025. According to Nick Jones from Zumo, the regulatory gaze will intensify. He noted that it is fair to say that regulation usually “lags behind… Read More

December 30, 2024 @ 8:31 am By Omar Faridi  |  

CryptoLiteracy.org, an industry initiative enabling consumer education about cryptocurrencies supported by Coinme, announced its 2024 State of Crypto Literacy Survey results. The survey underscores the “crucial” role of knowledge in empowering responsible participation in the digital economy. It found that 98.6% of respondents who self-reported… Read More

December 30, 2024 @ 8:29 am By Omar Faridi  |  

Shyft Network shared that in 2024, the anticipated collision between regulation and innovation gave way to an “unprecedented” collaboration. This year marked a turning point, Shyft network noted while adding that this is the point where regulatory frameworks and technological advancements joined forces to prioritize… Read More

December 30, 2024 @ 4:41 am By Tony Zerucha  |  

IoTeX, a provider of decentralized physical infrastructure networks, has joined the Blockchain Association, an advocacy group representing the crypto industry in Washington, D.C. In a statement, the Blockchain Association said that decentralized physical infrastructure networks represent a “groundbreaking category of blockchain technology that connects real-world… Read More