Blockchain & Digital Assets

August 3, 2024 @ 5:24 pm By Omar Faridi  |  

Elliptic, a global firm focused on crypto asset risk management, announced integrating support for Hedera’s Stablecoin Studio into its Holistic screening and investigation solutions. This will bring issuers on the platform an additional layer of risk mitigation. This new integration is “supported by The HBAR Foundation, an… Read More

August 3, 2024 @ 5:01 pm By Omar Faridi  |  

Provenance Blockchain Foundation, a non-profit organization responsible for developing and growing the public blockchain for financial services, announced the carve-out of Provenance Blockchain Labs, a blockchain development firm building a suite of foundational infrastructure SaaS products that enable asset issuers and servicers to efficiently transact… Read More

August 3, 2024 @ 4:53 pm By Tony Zerucha  |  

Forensic Risk Alliance, an independent forensic consultancy specializing in regulatory investigations, compliance and disputes, has named US-based cryptocurrency specialist Thomas Hyun as a director in the firm’s global Cryptocurrency Investigations and Compliance practice. Hyun brings years of experience building and leading anti-money laundering (AML) compliance… Read More

August 3, 2024 @ 2:34 pm By Tony Zerucha  |  

deVere Group CEO Nigel Green said this week that Donald Trump’s keynote address at the 2024 Nashville Bitcoin Conference could force Kamala Harris to finally embrace the crypto industry or risk her campaign’s failure. Green made the comments following Trump’s speech at a Nashville cryptocurrency… Read More

August 2, 2024 @ 12:20 pm By JD Alois  |  

The European Securities and Markets Authority (ESMA) says National Competent Authorities (NCAs) – or member state regulators – must remain vigilant in regard to crypto markets as MiCA goes into force. The “Opinion” posted by ESMA states that “in order for MiCA to deliver on… Read More

August 2, 2024 @ 10:45 am By JD Alois  |  

Yesterday, Coinbase (NASDAQ:COIN)announced Q2 earnings results which were delivered during a challenging time for markets as economic concerns rise. Coinbase reported a rise in second-quarter revenue as trading volumes at the crypto exchange recovered due to improved market sentiment. While top-line revenues beat estimates, shares… Read More

August 2, 2024 @ 9:10 am By Omar Faridi  |  

At Ledger, their mission is to make digital ownership easy to use without ever compromising on security or self-custody. Ledger says that it aims to “to deliver the best security architecture; resilient by design and without compromise, for individuals and enterprises.” Ledger points out that… Read More

August 2, 2024 @ 8:46 am By Omar Faridi  |  

Coinbase (NASDAQ:COIN) has released its second-quarter revenue update. The digital assets firm has reported a considerable surge in earnings due in part to the revival of crypto trading activity (among other key developments across the crypto and blockchain space). Coinbase revealed that it experienced a… Read More

August 2, 2024 @ 8:36 am By Omar Faridi  |  

IRS-Criminal Investigation, the US Department of Justice, and the Federal Bureau of Investigation in coordination with the German Federal Criminal Police Office (BKA) and the Attorney General’s Office in Frankfurt, reportedly seized the domain for online crypto wallet Cryptonator for allegedly failing to have “appropriate”… Read More

August 2, 2024 @ 8:34 am By Omar Faridi  |  

Solaris, Europe’s embedded finance platform is pleased to welcome Bitpanda, Europe’s crypto platform, on its KYC platform. Bitpanda will leverage Solaris full digital and scalable KYC solution Bankident “to identify customers in Germany.” This signals a new chapter in “a longstanding partnership between Solaris &… Read More

August 2, 2024 @ 6:21 am By JD Alois  |  

Abu Dhabi has officially launched the Blockchain Center as it seeks to boost innovation and foster growth in the digital asset sector. The Blockchain Center aims to create a thriving ecosystem that “supports startups, enterprises, and academic institutions through a range of comprehensive services and… Read More

August 1, 2024 @ 10:24 pm By Omar Faridi  |  

Riot Platforms, Inc. (NASDAQ: RIOT), an industry participant supporting vertically integrated Bitcoin mining, reported financial results for the three-month period ended June 30, 2024. Jason Les, CEO of Riot said: “I am extremely pleased to present results for Riot’s second quarter 2024, during which we… Read More

August 1, 2024 @ 7:25 pm By Omar Faridi  |  

Tokenization platform OpenEden has announced that it will bring tokenized US Treasury bills (T-bills), a short-term US government debt obligation backed by the US Department of the Treasury, to the XRP Ledger (XRPL) and its users for the first time. The tokenization of T-bills onto… Read More

August 1, 2024 @ 10:30 am By JD Alois  |  

Blockchain.com has partnered with Bakkt (NYSE: BKKT) to enable crypt trading in all 50 US states. Bakkt is a regulated digital asset exchange providing services like custody and other infrastructure. Previously, Blockchain.com did not offer services in eight states due to regulatory hurdles. Lane Kassleman,… Read More

August 1, 2024 @ 9:02 am By Omar Faridi  |  

Copper, a firm focused on digital asset custody, collateral management and prime services has partnered with Radix, a decentralized network that aims to provide a radically better user and developer experience for Web3 and DeFi applications. By integrating the custody of Radix (XRD) within Copper’s… Read More

July 31, 2024 @ 10:42 pm By Omar Faridi  |  

Ripple, the enabler of enterprise blockchain and crypto solutions, and Fenasbac, the National Federation of Associations of Central Bank Servers, announced a partnership to advance fintech innovation in Brazil through the Next accelerator program. Their combined effort will “support the development of scalable financial services… Read More

July 31, 2024 @ 12:48 pm By JD Alois  |  

Stablecoin issuer Tether is reporting a $5.2 billion profit for the first six months of 2024. The news was shared as part of the firm’s Q2 attestation of holdings. Q2 generated $1.3 billion in profits after a strong Q1. Tether reports that it mainly holds… Read More

July 31, 2024 @ 10:53 am By JD Alois  |  

CoinShares (OTC:CNSRF) says it will use TS Imagine’s “TS One” service for trading and risk management for its Relative Value equities hedge fund. TS Imagine is a cross asset trading firm for institutions. CoinShares is an investment company specializing in digital assets with offices in… Read More

July 31, 2024 @ 10:31 am By JD Alois  |  

The Securities and Exchange Commission (SEC) has filed charges against the founder of BitClout, alleging securities fraud. Nader Al-Naji (aka Diamondhands) is said to have raised over $257 million in a scheme for the sale of unregistered securities – the token BTCLT. Simultaneously, criminal charges… Read More

July 31, 2024 @ 6:11 am By Omar Faridi  |  

Binance Labs, the venture capital and incubation arm of Binance, has invested in aPriori, a project focused on Miner Extractable Value (MEV)-powered liquid staking solutions on Monad, a high-performance Ethereum-compatible L1 smart contract platform. aPriori’s mission is to “decentralize Monad’s network and enhance the user… Read More