Blockchain & Digital Assets

November 14, 2024 @ 9:29 pm By Omar Faridi  |  

SEB Embedded, the banking-as-a-service (BaaS) platform of Tier 1 Swedish bank SEB, chooses Thought Machine’s cloud-native core banking platform, Vault Core, to power its new BaaS offering. Using Vault Core, SEB Embedded launched a banking service for its first client, Hemköp, one of Sweden’s supermarket… Read More

November 14, 2024 @ 4:07 pm By JD Alois  |  

As the Securities and Exchange Commission (SEC) winds down the Biden era of regulation, Chairman Gary Gensler took a moment to reflect on his accomplishments during his tenure as its head. Speaking at PLI’s Annual Institute on Securities Regulation, Gensler said effective markets do not happen by… Read More

November 14, 2024 @ 3:24 pm By JD Alois  |  

ISP Securities is partnering with Taurus in a move to build a “future proof” ecosystem for digital assets. ISP Group is a private Swiss firm that is a boutique investment bank that serves both institutions and individual investors. ISP is headquartered in Zurich, with offices… Read More

November 14, 2024 @ 12:34 pm By JD Alois  |  

Following the results of the US Presidential election, Bitcoin bulls have taken charge as the value of the world’s most popular crypto has rocketed higher—today, it is trading at around $90,000 after topping out at over $93,000 yesterday (11.13.24)—a new all-time record. CI received a… Read More

November 14, 2024 @ 12:22 pm By JD Alois  |  

Hadron, powered by Tether, is the newest entry into the hot tokenization sector. Tokenization is the process of taking securities, commodities and other assets into digital assets In a note from Tether, the company mentions specifically allowing users to tokenize stocks, bonds, loyalty points, and… Read More

November 13, 2024 @ 9:34 pm By Omar Faridi  |  

MistTrack, developed by SlowMist, has formed a partnership with Doo Group, a financial services group. This collab represents a step toward enhancing compliance frameworks and security protocols in the landscape of digital finance. Doo Group’s business model integrates brokerage, liquidity provision, and asset management services… Read More

November 13, 2024 @ 4:44 pm By Omar Faridi  |  

In Q3 2024, the crypto sector saw a “steep decline” in funding, with a 31.1% QoQ drop in deal value to $1.7 billion as well as a substantial 25.3% decrease in deal count to 392 deals. This, according to a report from PitchBook. PitchBook noted… Read More

November 13, 2024 @ 11:57 am By JD Alois  |  

R3’s Corda platform will be utilized to support digital real estate services in partnership with Radian. According to a statement distributed by the firm, digital services will include title insurance, closing, and settlement services process. Corda, R3’s permissioned blockchain, aims to help the real estate… Read More

November 13, 2024 @ 11:37 am By JD Alois  |  

BlackRock (NYSE:BLK), the largest asset manager in the world, has announced the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), which is powered by Securitize’s tokenization platform. First launched on Ethereum in March, the Fund will expand across the blockchain ecosystem with new shares utilizing Aptos,… Read More

November 13, 2024 @ 10:00 am By JD Alois  |  

Transfero, a Brazil-based stablecoin solution platform targeting emerging markets, will work with Wormhole as an interoperability provider. Wormhole is a firm that provides cross-blockchain interoperability services globally. Wormhole is expected to support Transfero’s stablecoin offerings with its NTT (Native Token Transfer) framework. Transfero flagship stablecoin… Read More

November 13, 2024 @ 9:30 am By Omar Faridi  |  

Laurent Benayoun, the CEO of Acheron Trading, has shared key crypto industry insights focused on the European digital assets ecosystem. Benayoun joined the firm following the acquisition of HedgeTech, the trading algorithms and infrastructure provider he co-founded. Passionate about algorithmic trading strategies and market microstructure, Benayoun… Read More

November 13, 2024 @ 8:18 am By Omar Faridi  |  

Nic Carter, Co-founder of Coin Metrics, claims that the FDIC is still – post election – insisting on a 15% depository cap on banking institutions that are serving crypto firms (as he has been told). Nic Carter also described the FDIC as an abominable agency…. Read More

November 12, 2024 @ 11:24 pm By Omar Faridi  |  

Nansen establishes partnership with Bitlayer to boost Bitcoin Layer 2 Analytics and Ecosystem Growth. Nansen’s partnership with Bitlayer brings analytics to the Bitcoin Layer 2 ecosystem, enabling insights into transaction trends and project traction, with new features launching soon to support growth and transparency in… Read More

November 12, 2024 @ 8:22 pm By Omar Faridi  |  

Following the Plan B Forum in Lugano and the Liquid Developer Bootcamp in Viareggio, Blockstream is announcing the opening of a research center in Lugano, Switzerland. The center aims to accelerate the development of financial products enabled by the Liquid Network, working with partners and… Read More

November 12, 2024 @ 2:05 pm By Omar Faridi  |  

Binance Labs has reportedly invested in Brevis, a ZK-coprocessor platform that unlocks new use cases for apps by allowing verifiable, trust-free computations on historical on-chain data. Brevis’ product, the ZK-coprocessor, empowers smart contracts to trustlessly access and run arbitrary computations on historical on-chain data, such… Read More

November 12, 2024 @ 9:44 am By JD Alois  |  

Crypto exchange Bitget has re-entered the UK marketplace. According to a statement distributed by the firm, Bitget is now in compliance with Financial Promotion requirements. Bitget issued the following statement back in May of 2024: “As you may be aware, recent regulatory changes by the… Read More

November 11, 2024 @ 10:10 pm By Omar Faridi  |  

QCP Trading Pte. Ltd. received an In-Principle Approval (IPA) for a Major Payment Institution (MPI) License from the Monetary Authority of Singapore (MAS). The IPA represents a step toward “full” licensing, allowing QCP Trading to prepare to offer regulated spot trading services for digital payment… Read More

November 11, 2024 @ 7:26 pm By Omar Faridi  |  

Alchemy Pay, a fiat-crypto payment solutions provider, announced that it has secured additional U.S. Money Transmitter Licenses (MTLs) in Minnesota, Oklahoma, Oregon, and Wyoming. These licenses bring Alchemy Pay’s total to 8 U.S. state licenses, following its  approvals in Arkansas, Iowa, New Hampshire, as well… Read More

November 11, 2024 @ 7:04 pm By Omar Faridi  |  

Jeremy Allaire, Founder and CEO of Circle, highlighted the transformative potential of cryptocurrencies, emphasizing how these digital assets signify a significant leap forward in terms of infrastructure. Specifically, he stated: “What many fail to grasp is that crypto embodies an essential improvement in infrastructure, encompassing… Read More

November 11, 2024 @ 2:36 pm By Omar Faridi  |  

With Trump’s re-election confirmed, the Republican party winning the Senate, and the House of Representatives edging closer to a Republican majority, investment platform Saxo interviewed Trump’s former Director of Communications and SkyBridge Capital founder Anthony Scaramucci on Monday, November 11th. Anthony Scaramucci is an American financier who briefly served as the White… Read More