Blockchain & Digital Assets

July 24, 2024 @ 11:02 am By Omar Faridi  |  

Elliptic, the global firm focused on crypto-asset risk management, is pleased to announce the integration of World Chain, a blockchain designed to prioritize humans, into its Holistic suite of screening and investigation compliance solutions. World Chain is secured by Ethereum as a Layer-2 (L2) and… Read More

July 23, 2024 @ 11:32 pm By Omar Faridi  |  

At Superstate, they reportedly develop sophisticated investment solutions for institutional investors, aligning with their mission to modernize the investing landscape. By leveraging blockchain technology’s speed, programmability, and compliance advantages, Superstate reportedly create tokenized products “that meet the evolving demands of the financial sector.” Superstate has… Read More

July 23, 2024 @ 11:11 pm By Omar Faridi  |  

Nubank (NYSE: NU) announces the expansion of the cryptocurrency price alert service available on Nubank Cripto, the crypto trading platform on the Nubank app. Throughout August, all of the company’s 92 million customers in Brazil “will have access to the feature.” Through the new tool,… Read More

July 23, 2024 @ 10:39 pm By Omar Faridi  |  

Truvius, the company powering systematic investing for digital assets, launched today with $3.2M in funding led by Galaxy Ventures. Truvius’ digital asset investment platform and products deliver institutional quality, transparent sophistication, and “a fiduciary focus for institutions and high-net-worth investors.” The company’s funding also included… Read More

July 23, 2024 @ 10:35 pm By Omar Faridi  |  

Copper, one of the industry’s digital asset custodians, announces that it has built on its previous initiative with DFINITY Foundation, a Swiss not-for-profit organization and a major contributor to the Internet Computer (ICP), to enable institutional investors “to securely custody and stake their ICP assets… Read More

July 23, 2024 @ 10:28 pm By Omar Faridi  |  

Circle reveals that CCTP, a permissionless protocol, has moved over $10 billion in the stablecoin USDC between blockchains since May of last year. As reported previously, the Cross-Chain Transfer Protocol (CCTP) continues to grow and “power an ever-expanding network of apps, bridges, wallets, exchanges, and… Read More

July 23, 2024 @ 1:10 pm By JD Alois  |  

The stablecoin market, which involves digital assets tied to another asset, such as fiat currency, has surpassed $160 billion in value. The market is led by Tether (USDT), which hoovers up much of the market at over $114 billion. USDC, issued by Circle is in… Read More

July 23, 2024 @ 9:31 am By Omar Faridi  |  

TaxBit and TAINA Technology, two industry participants focused on tax compliance solutions, have announced a partnership to deliver a comprehensive end-to-end tax reporting solution for the digital economy. This collaboration aims to assist U.S. and non-US digital marketplaces with their comprehensive onboarding and reporting needs… Read More

July 23, 2024 @ 8:56 am By Omar Faridi  |  

Bitstamp is presenting the latest insights from their June 2024 Lending Performance Report for Bitstamp Earn Lending. Whether you’re new to crypto lending or a seasoned expert, this update from Bitstamp reportedly offers valuable information “on the current lending landscape.” In collaboration with Tesseract, Bitstamp… Read More

July 23, 2024 @ 8:52 am By Omar Faridi  |  

Ledger is pleased to announce the latest evolution in our partnership with Best Buy. Ledger customers now have the option “to buy a Ledger device online on Ledger.com and pick it up the same day in Best Buy stores across the US.” As a staple… Read More

July 22, 2024 @ 4:23 pm By Omar Faridi  |  

Exodus and Syrup have revealed a new partnership. Users of the Exodus wallet can now access Syrup and “earn 18% net APY on USDC as well as ‘double Drips’ on their deposit, boosting SYRUP token rewards.” Exodus’ multi-chain desktop and mobile wallet “enables secure peer-to-peer… Read More

July 22, 2024 @ 12:52 pm By Omar Faridi  |  

Fireblocks Off Exchange enables businesses across the world to trade on centralized exchanges without introducing counterparty risk. Today, they’re sharing that Bybit is the newest exchange to integrate with Off Exchange. Bybit, a crypto exchange, joins Deribit, with further integrations to follow. These include BIT,… Read More

July 22, 2024 @ 12:20 pm By Omar Faridi  |  

Approval phishing is an increasingly popular tactic used by criminals to steal funds through different scamming techniques such as fake crypto apps and romance scams (also known as pig butchering), according to an update from Chainalysis. With the approval phishing technique, the scammer tricks the… Read More

July 22, 2024 @ 10:51 am By JD Alois  |  

NPC Labs says it has raised $18 million in Seed funding led by Pantera Capital – a VC that is very active in the blockchain sector. To date, NPC Labs reports having raised $21 million which includes pre-seed dollars. Other investors in the round include… Read More

July 22, 2024 @ 8:59 am By Omar Faridi  |  

Matías Andrade and Tanay Ved have recently shared key takeaways from a Coin Metrics report which noted that Mt. Gox creditors are finally receiving repayments, “with approximately $9 billion worth of Bitcoin set for distribution in July.” As mentioned in the Coin Metrics report, the… Read More

July 22, 2024 @ 8:57 am By Omar Faridi  |  

After nearly breaching all-time highs in 2024 Q1, the total crypto market cap returned some of those gains in Q2, “dropping -14.4%, closing at $2.43 trillion in June,” the team at CoinGecko noted. 2024 Q2 brought Bitcoin’s long-anticipated fourth halving, which “went off without a… Read More

July 21, 2024 @ 6:35 pm By Tony Zerucha  |  

Raise, a payments provider in the global gift card industry, announced a partnership with Parity Technologies this week to provide the payment rails for the upcoming Polkadot mobile application. Previewed during last week’s Polkadot Decoded conference, Raise’s white-label payments and gift card infrastructure API will allow users to make… Read More

July 21, 2024 @ 2:36 pm By Tony Zerucha  |  

Propy, a real estate tokenization platform, and Parcl, a DeFi protocol built on real estate data, have announced a new strategic partnership. It will enhance the analytics of all on-chain real estate minted on PropyKeys using Parcl’s data integrations. Parcl and Propy revealed that more than $10 billion worth of… Read More

July 21, 2024 @ 2:23 pm By Tony Zerucha  |  

Chainlink believes its new Chainlink Digital Assets Sandbox (DAS) will accelerate digital asset innovation within financial institutions. The company said Chainlink DAS is designed for financial institutions that want to quickly innovate and experience the potential of generating new revenue opportunities, increasing efficiencies and improving… Read More

July 20, 2024 @ 9:22 am By Michael Wong  |  

South Kora’s Financial Services Commission (FSC) announced early this week that new stringent regulations targeting illegal transactions involving virtual assets will be enforced. The new legislation, known as the Virtual Asset Users Protection Act, mandates virtual asset exchanges to report illegal activities to the financial… Read More