Blockchain & Digital Assets

November 13, 2024 @ 4:44 pm By Omar Faridi  |  

In Q3 2024, the crypto sector saw a “steep decline” in funding, with a 31.1% QoQ drop in deal value to $1.7 billion as well as a substantial 25.3% decrease in deal count to 392 deals. This, according to a report from PitchBook. PitchBook noted… Read More

November 13, 2024 @ 11:57 am By JD Alois  |  

R3’s Corda platform will be utilized to support digital real estate services in partnership with Radian. According to a statement distributed by the firm, digital services will include title insurance, closing, and settlement services process. Corda, R3’s permissioned blockchain, aims to help the real estate… Read More

November 13, 2024 @ 11:37 am By JD Alois  |  

BlackRock (NYSE:BLK), the largest asset manager in the world, has announced the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), which is powered by Securitize’s tokenization platform. First launched on Ethereum in March, the Fund will expand across the blockchain ecosystem with new shares utilizing Aptos,… Read More

November 13, 2024 @ 10:00 am By JD Alois  |  

Transfero, a Brazil-based stablecoin solution platform targeting emerging markets, will work with Wormhole as an interoperability provider. Wormhole is a firm that provides cross-blockchain interoperability services globally. Wormhole is expected to support Transfero’s stablecoin offerings with its NTT (Native Token Transfer) framework. Transfero flagship stablecoin… Read More

November 13, 2024 @ 9:30 am By Omar Faridi  |  

Laurent Benayoun, the CEO of Acheron Trading, has shared key crypto industry insights focused on the European digital assets ecosystem. Benayoun joined the firm following the acquisition of HedgeTech, the trading algorithms and infrastructure provider he co-founded. Passionate about algorithmic trading strategies and market microstructure, Benayoun… Read More

November 13, 2024 @ 8:18 am By Omar Faridi  |  

Nic Carter, Co-founder of Coin Metrics, claims that the FDIC is still – post election – insisting on a 15% depository cap on banking institutions that are serving crypto firms (as he has been told). Nic Carter also described the FDIC as an abominable agency…. Read More

November 12, 2024 @ 11:24 pm By Omar Faridi  |  

Nansen establishes partnership with Bitlayer to boost Bitcoin Layer 2 Analytics and Ecosystem Growth. Nansen’s partnership with Bitlayer brings analytics to the Bitcoin Layer 2 ecosystem, enabling insights into transaction trends and project traction, with new features launching soon to support growth and transparency in… Read More

November 12, 2024 @ 8:22 pm By Omar Faridi  |  

Following the Plan B Forum in Lugano and the Liquid Developer Bootcamp in Viareggio, Blockstream is announcing the opening of a research center in Lugano, Switzerland. The center aims to accelerate the development of financial products enabled by the Liquid Network, working with partners and… Read More

November 12, 2024 @ 2:05 pm By Omar Faridi  |  

Binance Labs has reportedly invested in Brevis, a ZK-coprocessor platform that unlocks new use cases for apps by allowing verifiable, trust-free computations on historical on-chain data. Brevis’ product, the ZK-coprocessor, empowers smart contracts to trustlessly access and run arbitrary computations on historical on-chain data, such… Read More

November 12, 2024 @ 9:44 am By JD Alois  |  

Crypto exchange Bitget has re-entered the UK marketplace. According to a statement distributed by the firm, Bitget is now in compliance with Financial Promotion requirements. Bitget issued the following statement back in May of 2024: “As you may be aware, recent regulatory changes by the… Read More

November 11, 2024 @ 10:10 pm By Omar Faridi  |  

QCP Trading Pte. Ltd. received an In-Principle Approval (IPA) for a Major Payment Institution (MPI) License from the Monetary Authority of Singapore (MAS). The IPA represents a step toward “full” licensing, allowing QCP Trading to prepare to offer regulated spot trading services for digital payment… Read More

November 11, 2024 @ 7:26 pm By Omar Faridi  |  

Alchemy Pay, a fiat-crypto payment solutions provider, announced that it has secured additional U.S. Money Transmitter Licenses (MTLs) in Minnesota, Oklahoma, Oregon, and Wyoming. These licenses bring Alchemy Pay’s total to 8 U.S. state licenses, following its  approvals in Arkansas, Iowa, New Hampshire, as well… Read More

November 11, 2024 @ 7:04 pm By Omar Faridi  |  

Jeremy Allaire, Founder and CEO of Circle, highlighted the transformative potential of cryptocurrencies, emphasizing how these digital assets signify a significant leap forward in terms of infrastructure. Specifically, he stated: “What many fail to grasp is that crypto embodies an essential improvement in infrastructure, encompassing… Read More

November 11, 2024 @ 2:36 pm By Omar Faridi  |  

With Trump’s re-election confirmed, the Republican party winning the Senate, and the House of Representatives edging closer to a Republican majority, investment platform Saxo interviewed Trump’s former Director of Communications and SkyBridge Capital founder Anthony Scaramucci on Monday, November 11th. Anthony Scaramucci is an American financier who briefly served as the White… Read More

November 11, 2024 @ 12:12 pm By Nick Morgan  |  

 Bridging Traditional Finance and Crypto In the rapidly evolving world of digital finance, the lines between traditional finance (TradFi) and decentralized finance (DeFi) blur more each day. Enter George Kushner, founder and CEO of H2cryptO, a next-generation cryptocurrency exchange. His vision? To harmonize the robust… Read More

November 11, 2024 @ 7:19 am By Omar Faridi  |  

Bitcoin (BTC), a flagship cryptocurrency, reached yet another all-time high of over $82,000 and futures premiums surged, in a strong indicator that investors believe the record-run in the largest digital currency is set for even greater gains following the U.S. elections that saw many pro-crypto… Read More

November 11, 2024 @ 2:11 am By Omar Faridi  |  

Hong Kong Exchanges and Clearing Ltd (HKEX) is pleased to announce plans to digitize and automate the in-kind creation and redemption process for relevant exchange-traded products (ETP) in 2025 through the adoption of a “web-based platform, subject to technical readiness and regulatory approval.” This platform… Read More

November 10, 2024 @ 10:07 pm By Omar Faridi  |  

Crypto Finance, which says it’s shaping the future of the financial industry, has shared entitled, Market Deep Dive: Markets React to Trump’s Election Win and BTCUSD All-Time High. Crypto Finance, a key player focused on digital assets since 2017, noted that Trump has won the… Read More

November 10, 2024 @ 10:04 pm By Omar Faridi  |  

Polymarket data from September of 2024 had indicated a divergence between Donald Trump’s “perceived” election chances and Bitcoin’s price, suggesting the crypto market had “already priced in” some of the election’s risk. This, according to an update from HashKey Capital. Historically, once the short-term uncertainty… Read More

November 10, 2024 @ 10:03 pm By Omar Faridi  |  

Stablecoin issuance and use is rising around the world, with the market projected to reach $3 trillion within the next five years. This, according to an update from Fintech firm Ripple. Key to this continued growth are crypto regulations that will help advance the use… Read More