Blockchain & Digital Assets

November 17, 2024 @ 9:08 pm By Michael Wong  |  

A group of prominent Philippine financial institutions has teamed up with Web 3.0 fintech firm JUST Finance to introduce PHPX, the first bank-collateralized Philippine Peso stablecoin. This initiative, led by UnionBank of the Philippines (UBX), RCBC, Cantilan Bank, and Rural Bank of Guinobatan, along with… Read More

November 17, 2024 @ 8:31 pm By Omar Faridi  |  

Bitcoin (BTC), the flagship crypto, continued to rally after the US elections, setting another all-time high this week, the team at NYDIG noted in a recent update. As the Trump administration is starting to come into view with the naming of candidates for the various… Read More

November 17, 2024 @ 8:25 pm By Omar Faridi  |  

Earlier this week, Coinbase (NASDAQ:COIN) launched the Coinbase 50 Index: A Global Crypto Benchmark. Coinbase introduced the Coinbase 50 Index (COIN50), a benchmark representing the “top 50” digital assets listed on Coinbase Exchange that meet the index’s fundamental criteria for inclusion. Crypto traders are able… Read More

November 17, 2024 @ 6:07 pm By Omar Faridi  |  

Christian Catalini, co-founder and chief Strategy Officer at Lightspark and founder of MIT Cryptoeconomics Lab (he was also previously the Co-Creator of the failed Diem / Libra projects), has shared his perspective on the United States debt, the proposal for a Bitcoin strategic reserve, and the calls to replace the current chair… Read More

November 17, 2024 @ 10:30 am By Omar Faridi  |  

XRP has surged to more than $1.10 following rumors of a potential Trump and Ripple CEO Brad Garlinghouse meeting. The crypto markets are also apparently reacting to possible leadership changes at the US Securities and Exchange (SEC) which may significantly impact cases brought against Ripple… Read More

November 16, 2024 @ 6:07 pm By Omar Faridi  |  

Nubank (NYSE: NU) clients who hold crypto-assets will be able to trade Bitcoin (BTC), Ethereum (ETH), Solana (SOL), or Uniswap (UNI) for “digital dollars” USDC as well as vice versa. The feature, integrated with Nubank Cripto, now reportedly simplifies currency transactions via direct exchange. Also… Read More

November 16, 2024 @ 6:06 pm By Omar Faridi  |  

Unreleased data reportedly collated as part of Gemini’s 2024 Global State of Crypto Report shows that UK crypto-assets holders remained “undeterred” by market pressures, with 93% of current crypto owners at least “somewhat” likely to buy crypto within the next year. However, UK respondents continued… Read More

November 16, 2024 @ 4:29 pm By Omar Faridi  |  

A new study on crypto investors has examined who is actually investing and what is important to them. As noted in an update from PostFinance, cryptocurrencies are here to stay, which is why they wanted to learn more about how “crypto investment behavior is developing… Read More

November 15, 2024 @ 11:56 am By Omar Faridi  |  

Solana (SOL) and Base are leading interest in chain-specific narratives this year, according to an update from CoinGecko. The Solana ecosystem has maintained its lead as the “most popular” blockchain ecosystem this year, accounting for “38.8% of global crypto investor interest in chain-specific narratives.” CoinGecko… Read More

November 15, 2024 @ 11:54 am By Omar Faridi  |  

Infura’s Decentralized Infrastructure Network has reportedly launched as an EigenLayer AVS. A year after revealing its list of providers building the public infrastructure for an improved internet, Consensys and Infura’s Decentralized Infrastructure Network (DIN) is handling requests “across a dozen blockchain networks.” Recently, DIN unveiled… Read More

November 15, 2024 @ 11:45 am By JD Alois  |  

The past few years at the Securities and Exchange Commission (SEC) have been tough for innovators during the tenure of Chairman Gary Gensler. When Gensler was selected to lead the top financial regulator, hopes were high that his extensive experience in markets and understanding of… Read More

November 15, 2024 @ 9:51 am By JD Alois  |  

The UK government has announced that the issuance of Gilts will be tested on distributed ledger technology (DLT) in a forthcoming pilot. If the UK issues government bonds using blockchain technology, this could transform how public authorities issue and manage debt offerings. In a speech… Read More

November 15, 2024 @ 9:29 am By JD Alois  |  

While stablecoins should not be a contentious issue as they are effectively a new form of payments, upgrading the current slower and more costly process, Congress has been unable to pass legislation that creates a regulated path for stablecoin issuers. The dominance in the US… Read More

November 14, 2024 @ 11:11 pm By Omar Faridi  |  

Sygnum, a digital asset banking group, revealed the results of its annual Future Finance survey which analyzes the interests, market sentiment and behavior of investors active in the crypto market. Conducted among 400+ respondents in 27 countries possessing an average of 10+ years of investment… Read More

November 14, 2024 @ 9:29 pm By Omar Faridi  |  

SEB Embedded, the banking-as-a-service (BaaS) platform of Tier 1 Swedish bank SEB, chooses Thought Machine’s cloud-native core banking platform, Vault Core, to power its new BaaS offering. Using Vault Core, SEB Embedded launched a banking service for its first client, Hemköp, one of Sweden’s supermarket… Read More

November 14, 2024 @ 4:07 pm By JD Alois  |  

As the Securities and Exchange Commission (SEC) winds down the Biden era of regulation, Chairman Gary Gensler took a moment to reflect on his accomplishments during his tenure as its head. Speaking at PLI’s Annual Institute on Securities Regulation, Gensler said effective markets do not happen by… Read More

November 14, 2024 @ 3:24 pm By JD Alois  |  

ISP Securities is partnering with Taurus in a move to build a “future proof” ecosystem for digital assets. ISP Group is a private Swiss firm that is a boutique investment bank that serves both institutions and individual investors. ISP is headquartered in Zurich, with offices… Read More

November 14, 2024 @ 12:34 pm By JD Alois  |  

Following the results of the US Presidential election, Bitcoin bulls have taken charge as the value of the world’s most popular crypto has rocketed higher—today, it is trading at around $90,000 after topping out at over $93,000 yesterday (11.13.24)—a new all-time record. CI received a… Read More

November 14, 2024 @ 12:22 pm By JD Alois  |  

Hadron, powered by Tether, is the newest entry into the hot tokenization sector. Tokenization is the process of taking securities, commodities and other assets into digital assets In a note from Tether, the company mentions specifically allowing users to tokenize stocks, bonds, loyalty points, and… Read More

November 13, 2024 @ 9:34 pm By Omar Faridi  |  

MistTrack, developed by SlowMist, has formed a partnership with Doo Group, a financial services group. This collab represents a step toward enhancing compliance frameworks and security protocols in the landscape of digital finance. Doo Group’s business model integrates brokerage, liquidity provision, and asset management services… Read More