Blockchain & Digital Assets

September 22, 2024 @ 9:14 am By Omar Faridi  |  

Borderless Capital, a Web3 investment manager, has launched its third DePIN-focused fund, a $100 million fund designed to accelerate the growth and development of Decentralized Physical Infrastructure Networks (DePIN). The DePIN Fund III is backed by prominent investors, “including peaq, Solana Foundation, Jump Crypto, IoTeX,… Read More

September 22, 2024 @ 8:34 am By Omar Faridi  |  

Crypto.com, which claims to be trusted by more than 100 million customers worldwide and the industry leader in regulatory compliance, security and privacy, announced this past week that users in the U.S. can add PayPal (NASDAQ:PYPL) as a payment method to fund purchases of cryptocurrencies…. Read More

September 22, 2024 @ 8:31 am By Omar Faridi  |  

The US, Indonesia and Turkey are leading the crypto and blockchain markets with 33% of RWA crypto interest, according to a report from CoinGecko. CoinGecko notes in its report that the country most interested in crypto Real World Assets (RWA) is “the US, which accounts… Read More

September 22, 2024 @ 8:27 am By Tony Zerucha  |  

This week, BitGo, a digital asset custodian, launched USDS: The USD Standard, a 1:1 USD-backed stablecoin it hopes will transform the digital asset landscape by prioritizing fairness, transparency, and market neutrality. BitGo said USDS is designed to challenge the existing stablecoin market dynamics, specifically targeting… Read More

September 21, 2024 @ 2:05 pm By Omar Faridi  |  

Securitize, bringing the world on-chain as the enablers of real-world asset tokenization, announced an integration with the Wormhole Foundation that will bring cross-chain capabilities to all assets tokenized through the Securitize platform. The collaboration results in all current and future tokenized assets from Securitize “leveraging… Read More

September 20, 2024 @ 3:07 pm By JD Alois  |  

Tether has announced a $1.5 million investment in Sorted Wallet in a move that is being described as boosting their presence in Africa and Southern Asia. Sorted Wallet is said to be a platform that serves the under/non-banked segment of the population. The application is… Read More

September 20, 2024 @ 12:42 pm By Michael Wong  |  

Bitget and Foresight Ventures have announced a strategic $30 million investment in The Open Network (TON) blockchain, marking a significant move to support the network’s growing ecosystem. The two companies, a crypto exchange and a web3 investment firm, plan to invest in Toncoin (TON) tokens… Read More

September 20, 2024 @ 8:23 am By Michael Wong  |  

Drift, a decentralized finance (DeFi) platform built on the Solana blockchain, has raised $25 million in a Series B funding round led by Multicoin Capital. The new capital will support Drift’s expansion, focusing on developing a full suite of financial services, including spot and derivatives… Read More

September 20, 2024 @ 1:49 am By Omar Faridi  |  

Crypto.com has received full approval to provide payment service provider (PSP) services from the Central Bank of Bahrain through its subsidiary registered in the Kingdom of Bahrain under the commercial name “FORIS GFS BH B.S.C. CLOSED”, adding to the company’s significant regulatory milestones in the… Read More

September 19, 2024 @ 9:48 pm By Omar Faridi  |  

Anemoy, the asset management arm of Centrifuge, is pleased to announce a strategic partnership with Archax, the UK’s first regulated digital securities exchange, broker and custodian to add the Liquid Treasury Fund (LTF) to its Primary Platform. The Liquid Treasury Fund is a short-duration treasury… Read More

September 19, 2024 @ 9:46 pm By Omar Faridi  |  

Licensed digital asset exchange HashKey Global, and Elliptic, the global company focused on crypto-asset risk management, are pleased to announce a partnership. This collaboration marks a significant step forward in “setting new standards for compliance, security, and risk control in the evolving digital asset landscape.”… Read More

September 19, 2024 @ 9:44 pm By Omar Faridi  |  

Eastern Asia is the sixth largest cryptocurrency economy in the world this year, accounting for 8.9% of global value received between July 2023 and June 2024. This, according to an update from Chainalysis. Chainalysis noted that the region received “more than $400 billion in on-chain… Read More

September 19, 2024 @ 9:41 pm By Omar Faridi  |  

Taurus is pleased to announce a strategic partnership with the Qatar Financial Centre (QFC) Authority as part of the QFC Digital Assets Lab. This strategic collaboration reinforces Taurus’ commitment “to better serving banks and financial institutions across Qatar and the Middle East, delivering tailored digital… Read More

September 19, 2024 @ 11:28 am By JD Alois  |  

Last week at the Digital Commonwealth’s Mansion House Summit Series, Tom Kiddle, co-founder of Palisade – a digital asset custody firm, spoke about his opinion on MiCA. Palisade is a regulated firm based in France. The European Union has approved MiCA, or Markets in Crypto Assets regulation. MiCA aims… Read More

September 19, 2024 @ 10:59 am By JD Alois  |  

Rari Capital has settled charges by the Securities and Exchange Commission (SEC), which claims the firm engaged in unregistered crypto offerings, misleading investors and acting as an unregistered broker. This is another victory in the SEC’s ongoing battle with digital asset firms and offerings that… Read More

September 19, 2024 @ 10:01 am By Omar Faridi  |  

Hemi Labs has announced a $15 million investment round to develop and launch the Hemi Network. Hemi is a modular blockchain network built on Bitcoin and Ethereum, “designed to deliver superior scaling, security, and interoperability.” The Hemi incentivized testnet is now live, and its mainnet… Read More

September 19, 2024 @ 9:35 am By Omar Faridi  |  

Mesh, the modern connectivity layer for crypto that makes transfers and account aggregation seamless, is thrilled to announce its strategic partnership with CoinMENA FZE, a digital assets trading platform in the Middle East. This collaboration aims to enhance digital asset transfer services by “allowing CoinMENA’s… Read More

September 19, 2024 @ 9:06 am By Omar Faridi  |  

Zumo, the B2B digital assets infrastructure, has launched a new out-of-box feature that enables crypto-asset service providers (CASPs) active in the European Union (EU) to comply with the upcoming sustainability requirements of the Markets in Crypto-Assets (MiCA) regulation. MiCA was introduced to implement “uniform EU… Read More

September 19, 2024 @ 9:01 am By Omar Faridi  |  

USDC and CCTP are coming to Sui, according to an update from stablecoin issue Circle. Circle is pleased to confirm that “native USDC and Cross-Chain Transfer Protocol (CCTP) are coming soon to Sui.” Sui is a layer-1 (L1) blockchain that “offers fast, secure, scalable, and… Read More

September 19, 2024 @ 8:58 am By Omar Faridi  |  

Sumsub announces the integration of its Travel Rule solution with the Sygna Travel Rule protocol to allow its crypto and fintech clients to communicate with the Virtual Asset Service Providers (VASPs) in the Sygna ecosystem, particularly with those in Japan and Taiwan. The added protocol… Read More