Blockchain & Digital Assets

April 26, 2025 @ 4:34 am By Omar Faridi  |  

DeFi Development Company, recently rebranded from Janover and dubbed the “MSTR of Solana,” has submitted a $1 billion shelf offering to the U.S. Securities and Exchange Commission (SEC), according to a filing disclosed on Friday. This strategic move underscores the company’s growing alignment with the… Read More

April 25, 2025 @ 1:52 pm By Omar Faridi  |  

The cryptocurrency market, known for its volatility and complexity, is increasingly intersecting with artificial intelligence (AI). A recent CoinGecko survey provides insights on how crypto industry participants view AI’s potential in trading and investing. The research study from CoinGecko polled 2,632 crypto enthusiasts, revealing a… Read More

April 25, 2025 @ 12:46 pm By Michael Wong  |  

RockawayX, an early investor in Solana, has announced raising $125 million for its second early-stage crypto venture fund, closing the oversubscribed round in the first quarter of 2025. The global digital asset investment firm, which manages about $2 billion in assets, attributed the strong demand… Read More

April 25, 2025 @ 10:07 am By Omar Faridi  |  

Galaxy Digital Holdings Ltd. (TSX: GLXY) announced that CoreWeave Inc. has exercised its first option to access additional critical IT load for CoreWeave‘s artificial intelligence (AI) and high-performance computing (HPC) operations at Galaxy’s Helios data center campus in the panhandle region of West Texas, “pursuant… Read More

April 25, 2025 @ 9:39 am By Omar Faridi  |  

PayPal Holdings, Inc. (NASDAQ: PYPL) and Coinbase Global, Inc. (NASDAQ: COIN) announced an expansion of their partnership to increase the adoption, distribution, and utilization of the PayPal USD (PYUSD) stablecoin. This collaboration will provide value for consumers, enterprises, and institutions as they continue to “utilize… Read More

April 25, 2025 @ 9:09 am By Omar Faridi  |  

Bread Financial (NYSE: BFH), a financial services company that provides payment, lending and saving solutions, announced a multi-year agreement with Crypto.com, one of the world’s cryptocurrency exchanges, to launch the Crypto.com credit card program in the US. The Crypto.com Visa signature credit card will reportedly… Read More

April 25, 2025 @ 6:04 am By Omar Faridi  |  

The Federal Reserve Board has recently announced the withdrawal of guidance for banks related to their crypto-asset and dollar token activities and related “changes to its expectations for these activities.” These actions ensure the Board’s expectations remain “aligned with evolving risks and further support innovation… Read More

April 25, 2025 @ 5:37 am By Michael Wong  |  

Binance has launched Fund Accounts, described as a “first-of-its-kind” solution on its digital asset exchange that enables fund managers to pool investor capital into omnibus accounts and streamline trading operations, according to an announcement. Fund Accounts mirror traditional finance account structures, allowing managers to consolidate… Read More

April 25, 2025 @ 4:19 am By Omar Faridi  |  

In emerging markets, where economic instability, currency devaluation, and limited access to traditional banking systems are persistent challenges, stablecoins are emerging as a transformative force. With a market capitalization exceeding $220 billion, these digital assets—pegged to stable currencies like the U.S. dollar or euro—are no… Read More

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