Blockchain & Digital Assets

January 19, 2025 @ 10:15 am By Omar Faridi  |  

Italy’s largest bank has embraced Bitcoin, which may be considered a key milestone in financial evolution. In a significant development for crypto adoption, Intesa Sanpaolo, Italy’s largest banking group, has recently acquired 11 BTC worth €1 million, marking the first instance of an Italian bank… Read More

January 19, 2025 @ 10:14 am By Omar Faridi  |  

Sol Strategies Inc., a Canadian company dedicated to investing in and providing infrastructure for the Solana blockchain ecosystem, is announcing the launch of its new mobile application from Orangefin Ventures LLC, a recent acquisition and provider of non-custodial staking solutions known for performance and security…. Read More

January 18, 2025 @ 12:53 pm By Tony Zerucha  |  

Cryptocurrency ETFs attracted industry attention this week as participants await the influences of Donald Trump’s inauguration and the potential approval of a Solana ETF. Impossible Cloud Network co-founder Kai Wawrzinek said VanEck’s newly proposed Onchain Economy ETF could make crypto’s bull-bear rollercoaster a thing of… Read More

January 17, 2025 @ 3:34 pm By JD Alois  |  

Upstream, “a stock exchange for digital securities,” says it is now accepting Tethere – USDT or USDC dollar-based stablecoins. USDT os the largest stablecoin by market cap at $137.5 billion. USDC is the second largest. Upstream is part of MERJ, a regulated stock exchange based… Read More

January 17, 2025 @ 2:36 pm By JD Alois  |  

The Securities and Exchange Commission said that it had settled charges against Digital Currency Group Inc. (DCG), and Soichoro “Michael” Moro, the former CEO of DCG’s now-defunct subsidiary, Genesis Global Capital LLC. The settlement entails the payment of a civil penalty of $38.5 million. The… Read More

January 17, 2025 @ 11:45 am By Omar Faridi  |  

Since Phantom Wallet launched in 2021, their mission was to make crypto safe and easy to use. Thanks to community support, Phantom Wallet says they emerged as one of the world’s widely-used crypto wallets, soaring to the “top” of the App Store charts and welcoming… Read More

January 17, 2025 @ 11:44 am By JD Alois  |  

Senator Cynthia Lummis has sent a letter to the Federal Deposit Insurance Corporation (FDIC) telling the regulator not to destroy any information concerning the agency’s attempt to undermine digital asset innovation. It has been widely reported that the FDIC used its power and influence to… Read More

January 17, 2025 @ 11:24 am By JD Alois  |  

MiCA, or markets in crypto markets regulation, aims to create bright-line rules in Europe to enable digital asset innovation. While not regulating digital securities, MiCA covers just about everything else, including stablecoin regulation. The EU wants to encourage the development of new products and services… Read More

January 17, 2025 @ 7:41 am By Tony Zerucha  |  

The faults that contributed to the massive data leak on the NFT platform Open Sea back in 2022 came home to roost on Monday when more than seven million email addresses were publicly released. Impossible Cloud Network co-founder Kai Wawrzinek it’s a “sad indictment of… Read More

January 16, 2025 @ 7:03 pm By Omar Faridi  |  

Copper, a firm focused on digital asset custody, collateral management, and prime services, is pleased to announce a partnership with Agora, the stablecoin issuer of AUSD (the “first” fully collateralized, freely tradable digital dollar). Copper now offers custody support for Agora’s AUSD, a digital dollar… Read More

January 16, 2025 @ 7:00 pm By Omar Faridi  |  

Mini Apps are putting the power of the growing World Network community on “full display.” As noted in a blog post, there are currently more than 22 million people on World Network, including 10,247,382 verified humans. As of January 2025, Mini Apps were seeing as… Read More

January 16, 2025 @ 6:59 pm By Omar Faridi  |  

The U.S. Securities and Exchange Commission (SEC) has filed an appeal against a US federal judge’s decision in its partially unsuccessful case against enterprise blockchain firm Ripple Labs, a move that has been heavily criticized by Ripple’s chief legal officer. In a Jan. 15 filing… Read More

January 16, 2025 @ 11:01 am By Omar Faridi  |  

CoinGecko noted in a report that Bitcoin’s fourth halving in 2024 marked the start of the cryptocurrency market’s fourth bull cycle, though “not in ways many had anticipated.” CoinGecko pointed out that the web3 and digital assets market’s momentum was significantly driven by macroeconomic policy… Read More

January 16, 2025 @ 10:57 am By Omar Faridi  |  

In the Web3 space, new tokens are constantly emerging, the team at CertiK noted while pointing out that these new tokens may not be safe and could pose certain (serious) risks for holders and traders. CertiK revealed that in the past few months, their security… Read More

January 16, 2025 @ 8:29 am By JD Alois  |  

The Securities and Exchange Commission (SEC) has shared that it has settled with crypto lender Plutus Lending, LLC by paying a civil penalty of $1.65 million. According to the SEC, Plutus, doing business as Abra, offered a retail crypto asset lending product, Abra Earn –… Read More

January 15, 2025 @ 12:04 pm By Omar Faridi  |  

Dr. Sean Dawson, Head of Research at the “decentralized” on-chain options AI-powered platform, Derive.xyz (TVL $128M, $12.3B trade volume), has shared key insights focused on Bitcoin (BTC) and Ethereum (ETH) markets. Dr. Sean Dawson, Head of Research at Derive.xyz noted that in the last 24… Read More

January 14, 2025 @ 4:45 pm By Omar Faridi  |  

Cboe Canada Inc. welcomes BlackRock Asset Management Canada Limited for the launch of their latest ETF, the iShares Bitcoin ETF. The iShares ETF now trades on Cboe Canada under “the symbol IBIT, with U.S. dollar denominated units trading under the symbol IBIT.U.” The iShares Bitcoin… Read More

January 14, 2025 @ 8:57 am By JD Alois  |  

The Bank of England and HM Treasury are in the design phase for the creation of a digital pound or central bank digital currency. A consultation paper outlined the framework as a precursor to a possible digital currency. The update by the Bank is said… Read More

January 14, 2025 @ 8:22 am By JD Alois  |  

Coinbase (NASDAQ:COIN) won a minor victory in court regarding its ongoing legal battle with the Securities and Exchange Commission (SEC). Coinbase Chief Legal Officer Paul Grewal shared via X that the Third Circuit Court has chastised the SEC for its denial of rulemaking – something… Read More

January 14, 2025 @ 7:55 am By JD Alois  |  

Zodia Custody has announced a partnership with Kiln, a digital asset rewards management platform. Incubated by Standard Chartered, Zodia Custody focuses on institutions. The company is also associated with Northern Trust, SBI Holdings, National Australia Bank, and Emirates NBD. The partnership aims to offer institutional… Read More