Blockchain & Digital Assets

June 30, 2024 @ 7:00 pm By Omar Faridi  |  

While some say adoption will ruin crypto, diluting the core principles this industry was built on, Aligned CEO Roberto José Catalán is on a mission to improve the accessibility of financial tools that are easy to use and free from third-party restrictions. Aligned is described… Read More

June 30, 2024 @ 3:08 pm By Omar Faridi  |  

Binance Labs, the venture capital and incubation arm of Binance, has invested in Infrared, a protocol focused on giving users access to Berachain’s Proof of Liquidity (PoL) mechanism in one click. Infrared’s mission is to maximize value capture “within the Berachain network by offering user-friendly… Read More

June 30, 2024 @ 2:06 pm By Omar Faridi  |  

Digital assets platform CoinList recently explained how it fights Sybil Attacks. Since CoinList’s inception, their team has reportedly “removed approximately 2.4 million bots and fraudulent accounts from our platform.” For any business, removing accounts of this nature would “have negative impacts on revenue, as sybils… Read More

June 30, 2024 @ 1:17 pm By Omar Faridi  |  

Tether Operations Limited, which claims to be among the largest companies in the digital asset industry, has announced a collaboration with Uquid, a Web 3 E-commerce platform, to launch the USD₮ store. This collaboration aims to demonstrate “the practical use of USD₮ in everyday transactions… Read More

June 30, 2024 @ 12:44 pm By Michael Wong  |  

The global fintech blockchain market, valued at $2.2 billion in 2022, is set to expand significantly, reaching $57.84 billion by 2031, with a compound annual growth rate (CAGR) of 43.8% from 2024 to 2031, according to SkyQuest. Fintech blockchain solutions, which integrate blockchain technology with… Read More

June 30, 2024 @ 11:50 am By Omar Faridi  |  

Consensys claims that it fully expected the US Securities and Exchange Commission (SEC) to follow through on its threat to claim their MetaMask software interface must register as a securities broker. Consensys further noted via social media that the SEC has been pursuing an “anti-crypto… Read More

June 30, 2024 @ 10:50 am By Omar Faridi  |  

The Kita Foundation, an initiative focused on the Social-Fi space, has announced that it has secured a venture capital investment from FZF Ventures in the first half of 2024. This partnership marks a key milestone in the foundation’s mission “to foster innovation and growth within… Read More

June 29, 2024 @ 6:26 pm By Tony Zerucha  |  

Web3 wallet and DeFi platform Bitget Wallet has announced a joint investment with crypto investment firm Foresight X in Tomarket, a decentralized trading platform for emerging asset classes. Developed by industry experts with links to Binance and Microsoft, Tomarket is designed to address markets and user needs beyond those already provided for by… Read More

June 29, 2024 @ 4:01 pm By Michael Wong  |  

The Monetary Authority of Singapore (MAS) announced a significant expansion in its asset tokenization initiatives, aiming to set industry-wide standards across various financial sectors, including fixed income, foreign exchange (FX), and asset & wealth management. The announcement includes the successful completion of the first phase… Read More

June 28, 2024 @ 6:48 pm By Omar Faridi  |  

Galaxy Asset Management, an affiliate of Galaxy Digital Holdings Ltd. (TSX: GLXY) and one of the “largest” digital assets and blockchain investment managers, and State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), announced they are collaborating to bring investors… Read More

June 28, 2024 @ 5:23 pm By Omar Faridi  |  

The Celo Foundation is partnering with EigenLayer to integrate the off-chain data availability layer, EigenDA, into the forthcoming Celo Ethereum Layer-2. Initially launched as an EVM-compatible standalone blockchain on Earth Day 2020, core contributors cLabs proposed “bringing the network home to Ethereum during EthCC 2023.”… Read More

June 28, 2024 @ 1:35 pm By JD Alois  |  

Consensys, founded by an Ethereum co-founder, has been hit with charges by the Securities and Exchange Commission (SEC) alleging the offer and sales of unregistered securities via its Metamask staking service. Metamask offers staking of Ethereum for users to generate “rewards.” Consensys is one of… Read More

June 28, 2024 @ 12:22 pm By JD Alois  |  

Mt. Gox will soon start distributing around $9 billion in Bitcoin and Bitcoin Cash. In a notice posted on the Mt. Gox website, the entity said distributions will start in July: “The Rehabilitation Trustee has been preparing payments in Bitcoin and Bitcoin Cash in accordance… Read More

June 28, 2024 @ 11:38 am By JD Alois  |  

Top European tokenization platform, Tokeny, has distributed an email highlighting the fact that MiCA or Markets in Crypto Assets regulation, does not regulated digital assets which are securities or other financial assets. MiCA goes into force on June 30, 2024. The EU regulation provides rules… Read More

June 28, 2024 @ 11:04 am By Omar Faridi  |  

Copper, a firm focused on digital asset custody, collateral management, and prime services, is pleased  to announce its integration with Sui, a Layer 1 blockchain and smart contract platform. The partnership will enable robust custody infrastructure support “for stablecoin and Real-World Asset (RWA) issuers on… Read More

June 28, 2024 @ 10:20 am By Omar Faridi  |  

Sygnum, a global digital asset group, announces that it has reached the milestone of 20+ banks and international financial institutions onboarded onto its B2B platform. This enables their end-clients “to buy, hold, trade, earn, and transfer cryptocurrencies in a fully regulated environment.” Sygnum’s 20+ B2B… Read More

June 28, 2024 @ 9:00 am By Omar Faridi  |  

Alchemy Pay, a fiat-crypto payment solution provider, Danal, an integrated payment business company, and Danal Fintech, the Korean domestic specialist in virtual asset payments, announced the signing of a partnership agreement on June 25. This Memorandum of understanding (MOU) aims “to enhance the competitiveness of… Read More

June 27, 2024 @ 11:23 pm By Omar Faridi  |  

Crossover Markets, a digital asset technology firm focused on meeting the unique liquidity requirements of institutions, announced that it has raised $12 million in its Series A funding round led by Illuminate Financial and DRW Venture Capital. Illuminate and DRW VC join a growing list… Read More

June 27, 2024 @ 5:25 pm By JD Alois  |  

Coinbase (NASDAQ:COIN) has revealed a partnership with global e-commerce enabler Stripe.  According to a blog post on Coinbase, Stripe will now support Base – a level II Ethereum-based network incubated by Coinbase and open source. Coinbase describes Base as their “all in” commitment to onchain,… Read More

June 27, 2024 @ 3:23 pm By Omar Faridi  |  

Circle, a global financial technology firm and the issuer of USDC and EURC, has recently announced that it has joined Adan. Adan, an association bringing together professionals in the digital asset and blockchain sector throughout France and Europe, reportedly has “over 200 member companies and… Read More