Blockchain & Digital Assets

October 11, 2024 @ 1:44 pm By JD Alois  |  

Crypto enforcement actions issued by the Securities and Exchange Commission (SEC) continue at pace, as the Commission has filed charges against Chicago-based Cumberland DRW LLC. The SEC has charged Cumberland with operating as an unregistered dealer in more than $2 billion of crypto assets offered… Read More

October 11, 2024 @ 10:24 am By Omar Faridi  |  

Bitcoin Suisse says it’s pleased to announce the addition of the EIGEN token from EigenLayer to its comprehensive trading and custody services. Effective immediately, Bitcoin Suisse clients can now reportedly trade and securely store EIGEN, further expanding their access to a growing range of digital… Read More

October 11, 2024 @ 8:23 am By Omar Faridi  |  

Security tokens at Bitpanda are aimed at enabling new era of investing. The European Fintech firm recently shared that Bitpanda is the first crypto platform to make this particular asset class available to potentially millions of retail investors. All Bitpanda customers are now able to… Read More

October 10, 2024 @ 7:46 pm By Omar Faridi  |  

IDA, a Hong Kong-based fiat-referenced stablecoin issuer, is integrating Chainlink’s services for tokenized assets. As mentioned in a blog post, those reportedly include Chainlink Proof of Reserve (PoR) for verifying asset collateralization as well as the Chainlink Cross-Chain Interoperability Protocol (CCIP) for the “secure” movement… Read More

October 10, 2024 @ 11:22 am By Omar Faridi  |  

Littio, a Colombian neobank focused on addressing the currency devaluation problem for Latin Americans through various dollar-based product offerings, is now using OpenTrade‘s real-world asset (RWA)-backed yield vaults, via the Avalanche network. Via OpenTrade, Littio reportedly provides clients “yield-bearing” savings Pots with returns that are… Read More

October 10, 2024 @ 10:12 am By Omar Faridi  |  

Elliptic, the enabler of sophisticated blockchain analytics and digital asset risk management, has announced the launch of its regional headquarters in the United Arab Emirates (UAE), marking a key milestone in its international expansion efforts. Elliptic is pleased to welcome Zahi Yaari as its new… Read More

October 9, 2024 @ 12:34 pm By Tony Zerucha  |  

This week, Gnosis, architects of the fully EVM-compatible Layer-1 Gnosis Chain, announced the launch of a rewards program it believes will benefit GNO holders, accelerate the mainstream adoption of crypto payments, and generate further stakeholder engagement on the network. Following the recent approval of GIP-110… Read More

October 9, 2024 @ 12:18 pm By Omar Faridi  |  

BIGG Digital Assets Inc, a firm focused on the digital assets space and owner of Netcoins, Blockchain Intelligence Group, and TerraZero, announced that Netcoins USA has signed a partnership agreement with APX Lending, which is said to be a “crypto-backed” lending platform, to provide crypto-backed… Read More

October 9, 2024 @ 9:00 am By Omar Faridi  |  

Crypto.com has filed suit against the Securities and Exchange Commission (SEC). The legal move follows the receipt of a Wells Notice, which indicates that SEC staff are recommending an enforcement action against the firm. Multiple crypto focused firms have been sued or are in receipt… Read More

October 9, 2024 @ 8:42 am By Omar Faridi  |  

Assetera and Archax have launched a partnership to enhance the distribution of tokenized real- world assets across the EU/EEA. This collaboration enables access to digital assets, which is said to include Funds and Structured Products, listed on Archax, facilitating primary sales and secondary market trading… Read More

October 8, 2024 @ 11:28 am By Omar Faridi  |  

21.co, the parent company of 21Shares – one of the issuers of crypto exchange traded products (ETPs), and Crypto.com, announced that they have recently entered into a strategic partnership. With this partnership, 21.co Wrapped Bitcoin (21BTC) will source Bitcoin (BTC) liquidity from Crypto.com, leveraging the… Read More

October 8, 2024 @ 9:11 am By Omar Faridi  |  

Tether, which claims to be among the largest companies in the digital assets industry, marks a decade of pioneering advancements and innovation that have helped with transforming the landscape of digital assets. Since its launch in 2014, Tether claims it has enhanced finance by introducing… Read More

October 8, 2024 @ 8:39 am By Tony Zerucha  |  

This week, OwlTing Group, a global blockchain Fintech company, announced plans to implement Visa Direct solutions under a global agreement with Visa to provide real-time cross-border payments for individual and business customers. This agreement allows OwlTing to potentially reach more than 8.5 billion endpoints in… Read More

October 7, 2024 @ 7:03 pm By Omar Faridi  |  

Many people seemed surprised recently to hear that the UAE had apparently eliminated taxes on crypto, but it has now been clarified that this is not actually the case after all. Here’s the reality of the situation, according to crypto / digital assets industry focused… Read More

October 7, 2024 @ 3:43 pm By Omar Faridi  |  

Robinhood Crypto, from Robinhood Markets (Nasdaq: HOOD), has recently launched cryptocurrency transfers across European markets. Robinhood Crypto customers residing in Europe are now able to deposit as well as withdraw 20+ cryptocurrencies, and will reportedly be able to earn a 1% deposit match for a… Read More

October 7, 2024 @ 3:15 pm By Tony Zerucha  |  

This week, Canary Capital, a digital asset-focused investment firm, announced its official launch alongside the debut of its first trust offering, the Canary HBAR Trust. Steven McClurg, former co-founder and CIO of Valkyrie Funds, the issuers of the Valkyrie Bitcoin ETF, said he established Canary… Read More

October 7, 2024 @ 12:59 pm By Omar Faridi  |  

Ryan Lee, Chief Analyst at Bitget Research recently explained that Bitcoin (BTC), the flagship cryptocurrency, has grown steadily to become a major global asset, one whose market cap is impacted significantly by global events. For instance, Ryan Lee of Bitget Research, noted that the ongoing… Read More

October 7, 2024 @ 12:12 pm By Omar Faridi  |  

Coinbase Global Inc. (NASDAQ:COIN) will reportedly delist all “unauthorized” stablecoins from its digital assets exchange in the European Economic Area by the end of this year. This could be a potential setback for digital tokens such as Tether’s USDT. As widely reported, the European Union… Read More

October 7, 2024 @ 9:26 am By Michael Wong  |  

Institutional investors and wealth managers are forecasting a significant increase in the launch of new digital asset funds this year, as traditional financial institutions show heightened interest in the sector, according to a report by London-based Nickel Digital Asset Management. The research indicates that approximately… Read More

October 7, 2024 @ 9:21 am By Omar Faridi  |  

Sygnum is launching a web3 wallet recovery module built on Safe via the Safe{RecoveryHub}. According to Sygnum Bank, this solution makes self-custody wallet recovery reliable and user-friendly. Given more than 900K ETH (USD 2.27 billion) estimated as inaccessible to users, and losses due to forgotten… Read More