Blockchain & Digital Assets

April 30, 2025 @ 3:15 pm By Omar Faridi  |  

The global financial landscape is undergoing a shift, with central bank digital currencies (CBDCs) projected to facilitate $213 billion in transactions by 2030. As central banks worldwide race to design the future of public money, a new report, Hyperledger in Action: Central Bank Digital Currencies… Read More

April 30, 2025 @ 12:20 pm By Omar Faridi  |  

Alex Mashinsky, the former CEO of crypto firm Celsius Network, has pleaded guilty to fraud charges, marking a pivotal moment in the ongoing legal scrutiny of the collapsed crypto lending platform. The U.S. Department of Justice is said to be seeking a 20-year prison sentence… Read More

April 30, 2025 @ 10:32 am By JD Alois  |  

Chancellor of the Exchequer Rachel Reeves has announced new crypto rules, where crypto exchanges, dealers, and others will be brought into the regulatory perimeter. Clear regulation is vital to allow digital asset technology to develop responsibly. In a public statement, Reeves noted that new rules will… Read More

April 30, 2025 @ 9:07 am By JD Alois  |  

Plume and Soneium by Sony Block Solutions Labs are working together to enable real-world asset (RWA) yield. Plume is a blockchain focusing on the RWA sector. Soneium is an Ethereum layer-2 developed by Sony Block Solutions Labs. The goal of the partnership is to bring RWA staking and real-world… Read More

April 30, 2025 @ 8:59 am By JD Alois  |  

Securitize has announced a “new chapter for institutional DeFi.” The tokenization platform has partnered with Gauntlet to enable a Real World Assets (RWA) strategy, powered by Morpho, deployed on the Polygon Network. Securitize states that the institutional-grade solution enables permissioned Apollo Diversified Credit Securitize Fund… Read More

April 30, 2025 @ 8:39 am By Omar Faridi  |  

The European Crypto Initiative (EUCI) has ushered in a transformative phase for cryptocurrency regulation with the release of The AML Handbook: A Guide for Crypto Activities. This comprehensive guide introduces 13 pivotal compliance pillars that crypto-asset service providers (CASPs) must adopt to align with the… Read More

April 30, 2025 @ 8:18 am By Omar Faridi  |  

The UK’s capital markets, a key part of its financial ecosystem, are undergoing a digital transformation driven by distributed ledger technology (DLT) and securities tokenization. A report by TheCityUK and Hogan Lovells, titled “The Digitalisation of UK Capital Markets: Digitalised Financial Market Infrastructure and Tokenised Bonds,”… Read More

April 30, 2025 @ 8:12 am By Omar Faridi  |  

SoFi Technologies, Inc. (NASDAQ: SOFI) is reportedly set to reintroduce cryptocurrency investing by the end of 2025, marking its return to the digital asset space after a forced exit in 2023. The update, made by CEO Anthony Noto in an interview with CNBC, reflects a… Read More

April 29, 2025 @ 9:45 pm By Omar Faridi  |  

In a transformative step toward bridging traditional finance and the digital economy, Mastercard (NYSE: MA) has unveiled an initiative to incorporate stablecoins into its global payments network. This move aims to make stablecoin transactions as intuitive and secure as conventional payments, enabling consumers to spend… Read More

April 29, 2025 @ 9:29 pm By Omar Faridi  |  

MoonPay, a global cryptocurrency payment platform, has announced the opening of a new U.S. headquarters in New York City’s vibrant SoHo district. The company has secured a facility exceeding 5,000 square feet, marking a significant expansion of its operations in the United States. This move… Read More

April 29, 2025 @ 9:22 pm By Omar Faridi  |  

Arizona’s legislature has passed legislation that could position the state as a pioneer in Bitcoin and cryptocurrency adoption within the United States. The bill, which authorizes the state treasurer and retirement system to allocate up to 10% of their available funds to Bitcoin and other… Read More

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