Blockchain & Digital Assets

November 4, 2024 @ 4:05 pm By Omar Faridi  |  

THORChain via SwapKit is now available in the swap section of Ledger Live Desktop. THORChain is a cross-chain decentralized exchange, enabling Ledger Live Desktop users to swap digital assets across different DLT / blockchain networks “without needing a centralized exchange.” This integration allows for a… Read More

November 4, 2024 @ 11:15 am By Omar Faridi  |  

Anchorage Digital Singapore Pte Ltd has reportedly received approval as a licensed Major Payment Institution from the Monetary Authority of Singapore (MAS), marking a key milestone in our global expansion. With this license, Anchorage Digital Singapore now offers a complete, integrated solution including custody, staking,… Read More

November 4, 2024 @ 8:43 am By Omar Faridi  |  

Ripple releases the quarterly XRP Markets Report to provide transparency and updates on the company’s views on the state of crypto markets and relevant XRP Ledger as well as XRP-related announcements. As an XRP holder, Ripple says it believes in “proactive” communication and transparency and… Read More

November 4, 2024 @ 8:40 am By Omar Faridi  |  

Charles Cascarilla, CEO and co-founder of Paxos, noted in an open letter to Vice President Kamala Harris and Former President Donald Trump that the next presidential administration will determine whether America continues to lead the global financial industry or forfeits that leadership. Cascarilla said the US is at risk of becoming the “Rust… Read More

November 4, 2024 @ 8:27 am By Omar Faridi  |  

The Monetary Authority of Singapore (MAS) has announced plans to support the commercialization of asset tokenization. The Monetary Authority of Singapore (MAS) officially announced on November 4, 2024 its plans to advance tokenization in financial services. These include: forming commercial networks to deepen liquidity of… Read More

November 3, 2024 @ 11:03 pm By Omar Faridi  |  

Blockdaemon has announced that they have joined the Proof of Stake Alliance (POSA). By becoming a member, Blockdaemon explained in the update that it now furthers its commitment to promoting “clear standards” as well as supporting the growth of proof-of-stake or PoS technologies. According to… Read More

November 3, 2024 @ 10:48 pm By Omar Faridi  |  

More than 130 countries, representing 98% of global GDP are exploring Central Bank Digital Currencies (CBDCs) to boost financial inclusion and transaction efficiency. Mathias Studach, Head Finance, Risk & Organizational Development at SIX Digital Exchange (SDX) has shared key insights with CI on these developments…. Read More

November 3, 2024 @ 7:18 pm By Tony Zerucha  |  

Paxos, a blockchain and tokenization infrastructure platform, has introduced Global Dollar (USDG) – a US dollar-backed stablecoin that Paxos said is “substantively compliant with MAS’ upcoming stablecoin framework.” Paxos Digital Singapore Pte. Ltd. is the issuer of USDG and is regulated by the Monetary Authority… Read More

November 3, 2024 @ 6:20 pm By Omar Faridi  |  

Despite the ongoing and seemingly never-ending war and regulatory issues, cryptocurrency adoption has been growing steadily across Eastern Europe and is said to be driven by institutions and DeFi activity. This, according to report from Chainalysis. As the world’s fourth largest crypto market, Eastern Europe… Read More

November 3, 2024 @ 6:16 pm By Omar Faridi  |  

Solana made waves in the cryptocurrency and web3 space when it launched on CoinList in 2020, reportedly selling 8 million SOL tokens at a clearing price of $0.22. Before that, CoinList claims that it had spent a year working closely with the Solana team on… Read More

November 3, 2024 @ 4:20 pm By Omar Faridi  |  

Digital assets firm Coinbase (NASDAQ:COIN) whose share prices fell significantly this past week after announcing weaker than expected earnings also revealed that it will be rolling out Silver (SLR) and Stellar (XLM) Futures from Coinbase Derivatives. Coinbase, which remains the largest crypto exchange in the… Read More

November 3, 2024 @ 4:16 pm By Omar Faridi  |  

FLock.io, a platform for federated learning on blockchain, announced that it has entered into an MoU with Animoca Brands, the company driving digital property rights via NFTs and gaming to help build the open metaverse, to explore “co-creation opportunities” for domain-specific AI models using FLock.io’s… Read More

November 3, 2024 @ 4:06 pm By Omar Faridi  |  

Crypto.com announced recently the acquisition of a SEC registered broker-dealer and member of FINRA and SIPC, Watchdog Capital, LLC. This strategic acquisition should now enable Crypto.com’s new subsidiary to offer equities and equity options (among other things) to “eligible traders in the U.S.” Kris Marszalek,… Read More

November 2, 2024 @ 4:21 pm By Omar Faridi  |  

In October of 2024, Web3 security incidents led to total losses of approximately $147 million. According to the comprehensive SlowMist Blockchain Hack Archive, 28 separate attacks resulted in about $129 million in losses, with $19.3 million later recovered. These incidents are said to have involved… Read More

November 2, 2024 @ 4:20 pm By Omar Faridi  |  

Bitpanda noted that October 31st marked World Savings Day, a global reminder to prioritize financial wellbeing. Bitpanda also mentioned in a blog post that while traditional savings accounts have been a fairly popular choice over the years, the current dynamic financial landscape offers more innovative… Read More

November 2, 2024 @ 4:18 pm By Michael Wong  |  

Listed firm CryptoBlox Technologies Inc. has announced its acquisition of Blockchain Fintech Unipessoal LDA, a Portuguese company specializing in blockchain-based financial technologies. The announcement was part of the amended agreement that revises the initial acquisition terms disclosed on March 5, 2024, reflecting the latest developments… Read More

November 2, 2024 @ 4:16 pm By Omar Faridi  |  

Sixteen years following the release of Bitcoin’s White paper, the fast-evolving cryptocurrency space has transformed in ways that perhaps early enthusiasts could hardly have imagined. This, according to a recent update from Nexo. Nexo explained that what started as pretty much an experiment in digitizing… Read More

November 2, 2024 @ 4:14 pm By Omar Faridi  |  

Bloomberg had reported this past week that enterprise blockchain company R3 has held discussions with certain representatives at Ava Labs (which is known to be focused on the development of Avalanche), the Solana Foundation and Adhara regarding a possible minority investment in the company, or… Read More

November 2, 2024 @ 7:37 am By Tony Zerucha  |  

Bitcoin (BTC) is likely to reach fresh all-time highs should Donald Trump win the US presidential election, predicts deVere Group CEO Nigel Green. The statement comes days before Americans hit the polls. BTC is currently around $71,000. The highest recorded price, $73,737, was paid on… Read More

November 1, 2024 @ 4:57 pm By Tony Zerucha  |  

As the Presidential election nears, Vice President Kamala Harris and former President Donald Trump are issuing stances on everything from the environment to finances. When it comes time to weigh the credibility of those statements, the founder and CEO of decentralized telecommunications network Chirp urges… Read More