Blockchain & Digital Assets

December 9, 2024 @ 11:00 pm By Omar Faridi  |  

Copper, a firm focused on digital asset custody, collateral management and prime services, is announcing that it is one of the first custodians to enable support for USDC on Sui. USDC is a digital dollar, backed by “highly liquid” cash and cash-equivalent assets, and is… Read More

December 9, 2024 @ 10:58 pm By Omar Faridi  |  

Dr. Sean Dawson, Head of Research at onchain options DeFi protocol, Derive.xyz ($94.8M TVL, $7.4B total trade volume) noted that while Bitcoin hits a major milestone of reaching above $100,000 for the first time, optimism has surged on Derive.xyz, with an “18.7% chance of BTC reaching… Read More

December 9, 2024 @ 10:36 pm By Omar Faridi  |  

Concordium, Google, and Danish transmission system operator (TSO) Energinet are piloting a project aimed at transforming the green energy landscape. Central to this initiative will be Energinet’s Project Origin and the Energy Track & Trace platform, leveraging Concordium blockchain technology to ensure traceability, transparency, trust,… Read More

December 9, 2024 @ 4:52 pm By Omar Faridi  |  

Bitcoin and crypto markets continue to set new all-time highs as the end of 2024 approaches. Many analysts now believe that 2025 will bring more investors and capital to the digital assets market, supported by crypto-friendly policies and a regulatory framework that will enable innovation…. Read More

December 9, 2024 @ 11:15 am By Tony Zerucha  |  

Gevulot, a zero-knowledge (ZK) firm building the ZkCloud, this week announced the launch of Firestarter, its first production-ready, universal ZK proving network. Designed to simplify and accelerate proof generation, Gevolut said Firestarter reduces costs by more than 95% compared to current solutions while improving ZK,… Read More

December 9, 2024 @ 10:59 am By Omar Faridi  |  

As the crypto industry had speculated on if and when Bitcoin could hit the $100,000 milestone (which it has now surpassed reaching a high of more than $103,000) analysis by Copper.co’s Head of Research Fadi Aboualfa suggests ETF flows could be the driver to get… Read More

December 9, 2024 @ 9:32 am By JD Alois  |  

The change in the US administration is expected to usher in a new era of digital asset innovation. During the Biden Administration, there was open hostility toward crypto that went beyond the pursuit of fraud and scams. Many firms sought to be regulated but were… Read More

December 9, 2024 @ 8:33 am By Omar Faridi  |  

Brighty, a digital finance platform that enables crypto-card payments in the real world, announces a $10 million round from Futurecraft Ventures. The funds will be used to expand its presence in Europe and the UK. Brighty is a personal finance app that combines traditional digital… Read More

December 9, 2024 @ 8:30 am By Omar Faridi  |  

We have just scratched the surface of what AI can do in Fintech, and 2025 will bring “new trends into play,” according an industry outlook from Giuseppe Sette of Reflexivity and Raakhee Miller of Siebert. CI received insightful comments on the fintech industry’s outlook for… Read More

December 8, 2024 @ 11:01 pm By Omar Faridi  |  

As Ethereum (ETH), the largest smart contract platform and second-largest crypto-asset by market cap, surpasses the $4000 mark, insights from Nansen, a chain analytics firm, shed light on what this development signifies and what is to be expected going forward. Nicolai Sondergaard, Research Analyst at… Read More

December 8, 2024 @ 10:58 pm By Omar Faridi  |  

Last month, the total losses from Web3 security incidents have reportedly amounted to appr. $86.24 million. According to the SlowMist Hacked Database, 21 hacking incidents were recorded, resulting in losses of appr. $76.86 million, of which “$25.5 million was recovered.” As mentioned in the update… Read More

December 8, 2024 @ 4:07 pm By Omar Faridi  |  

Nansen announced their new partnership with Gravity, which is described as a high-performance Layer 1 blockchain built by Galxe. According to the update from Nansen, this partnership aims to equip Web3 projects and investors with the insights they need to “navigate the ecosystem, engage their… Read More

December 8, 2024 @ 4:03 pm By Michael Wong  |  

The Czech Republic has approved extensive financial market reforms aimed at fostering growth in the crypto and blockchain sectors, in a strategic move to position itself as a premier cryptocurrency hub. According to reports, the newly passed legislation addresses key barriers faced by cryptocurrency companies… Read More

December 8, 2024 @ 3:55 pm By Tony Zerucha  |  

As investors revel in Bitcoin’s value surge, a trio of YouHodler executives warn the party could soon come to an end. Co-founder and CEO Ilya Volkov expects a correction in 2025, with prices stabilizing between $60,000 and $65,000. Within that decline, there could be a… Read More

December 7, 2024 @ 2:32 pm By Omar Faridi  |  

Keyblock Solutions has announced a partnership with SlowMist’s AML product, MistTrack. By integrating MistTrack’s Know Your Transaction (KYT) solution, Keyblock aims to enhance its clients’ digital asset fund compliance governance, providing them with more “efficient and reliable compliance support.” This collaboration marks a step forward… Read More

December 7, 2024 @ 2:29 pm By Omar Faridi  |  

World Network claims that it is scaling steadily, and its growth is having a considerable impact on the “success” of Mini Apps developers. Launches in countries like Brazil have seen global World ID verifications “top 8 million” (8,590,580 as of this writing), while the launch… Read More

December 7, 2024 @ 2:20 pm By Tony Zerucha  |  

Political turbulence in Europe and Asia is driving renewed focus on decentralized, non-government-backed currencies like Bitcoin. That is one reason why deVere Group CEO Nigel Green sees the cryptocurrency’s value topping $120,000 in the coming months. Green made the comments in the wake of a… Read More

December 7, 2024 @ 2:18 pm By Tony Zerucha  |  

Blockchain Coinvestors, a blockchain venture fund-of-funds and co-investment program with a combined portfolio of more than 1,250 such enterprises and projects (including more than 110 blockchain unicorns) this week unveiled its bi-annual Meet the Blockchain Unicorns, a comprehensive list of unicorns – including private enterprises… Read More

December 7, 2024 @ 1:17 pm By Tony Zerucha  |  

This week, MatterFi, a foundational layer designed for financial services to build into the crypto ecosystem, has officially launched its enterprise-ready platform. The move follows a successful six-month beta phase. Phishing in Web3 is at an all-time high. In 2024, phishing attacks surged by 150%…. Read More

December 6, 2024 @ 3:29 pm By Omar Faridi  |  

Anchorage Digital is pleased to announce support for Liquid Collective’s Liquid Staked ETH (LsETH), providing institutions with a way to participate in ETH staking while maintaining access to liquidity. Institutions—including VC firms, wealth and asset managers, protocols, and others—can participate in liquid staking using ETH… Read More