Blockchain & Digital Assets

May 28, 2024 @ 2:09 am By Omar Faridi  |  

Invoitix AG, a logistics invoicing and financing platform, has issued a digital bond on the Obligate platform. Deployed on the Polygon PoS blockchain and denominated in EUROe, this issuance aims to refinance invoitix’s logistics invoicing activities, “further solidifying its position in the pan-European road logistics… Read More

May 27, 2024 @ 10:45 pm By Tony Zerucha  |  

Brickken, a tokenizer of real-world assets, has been selected to participate in PwC’s Scale Digital Assets program, a collaborative initiative with GrowthBuilders. This follows a recent expansion towards Coinbase’s L2 Network and its first institutional client, a German venture capital fund. The PwC Scale program… Read More

May 27, 2024 @ 10:40 pm By Tony Zerucha  |  

This week, Lita announced the alpha release of its Valida zkVM and Valida C Compiler Toolchain, enabling faster and more efficient zero-knowledge proof (ZKP) generation. The Valida C Compiler Toolchain comprises the Valida C Compiler, enabling C programs to be converted to Valida-compatible code; and… Read More

May 26, 2024 @ 2:42 pm By Michael Wong  |  

Approximately 60% of U.S. cryptocurrency investors admit they do not understand blockchain technology, according to a recent survey conducted by language-learning company Preply. The survey, which included responses from 1,001 people living in the U.S., examined participants’ knowledge, interest, and experience with cryptocurrency. The findings… Read More

May 25, 2024 @ 11:35 am By Omar Faridi  |  

Bakkt Holdings, Inc. (NYSE: BKKT) announced that Ray Kamrath was appointed as the Chief Commercial Officer of Bakkt’s crypto business. In this newly created position, Kamrath will be reporting directly to Andy Main, Bakkt’s Chief Executive Officer. Main said: “By appointing Ray Kamrath to lead… Read More

May 25, 2024 @ 8:33 am By Omar Faridi  |  

Digital bank Revolut has reportedly integrated with self-custody crypto wallet MetaMask, allowing clients to replenish their holdings with crypto-asset purchases via their Revolut accounts. According to the update, the integration offers a frictionless on-ramp for fiat-to-crypto purchases to the MetaMask Wallet, enhancing the process of… Read More

May 24, 2024 @ 3:32 pm By Omar Faridi  |  

iCapital, the global fintech platform driving access to alternative investments for the wealth management industry, announced the successful launch of the first fund leveraging iCapital’s new Distributed Ledger Technology (DLT). The fund is distributed by UBS Wealth Management. This marks an important technological advancement “for… Read More

May 24, 2024 @ 12:42 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) is poised to green-light Ethereum (Ether) ETFs after years of pushback. As of this writing, it was not clear as to when these products would commence trading. Earlier this year, the SEC approved spot Bitcoin ETFs for trading after… Read More

May 24, 2024 @ 11:59 am By Omar Faridi  |  

Fireblocks claims that it has consistently led the way in providing the fastest and most diverse range of blockchain support. With a growing list of over 60 supported blockchains, Fireblocks enables customers to securely custody tokens “on the latest chains and quickly build innovative services… Read More

May 24, 2024 @ 10:15 am By JD Alois  |  

Stand with Crypto, an advocacy group that supports appropriate regulation of the digital asset sector, has set up shop in the UK. While the UK is moving forward with bespoke regulation, it has been more challenging in the US. The US House of Representatives recently… Read More

May 24, 2024 @ 8:58 am By Omar Faridi  |  

VersiFi, the digital asset trading and lending firm, announced it has acquired Ather Digital for an undisclosed amount. The deal, which closed in May, bolsters VersiFi’s suite of trading technology “to include direct market access (DMA), algorithmic trading and smart order routing (SOR).” Ather Digital… Read More

May 24, 2024 @ 8:57 am By Omar Faridi  |  

The European Central Bank (ECB) is focused on carrying out DLT or distributed ledger technology trials, which are currently underway. The Eurosystem is currently testing distributed ledger technology (DLT) for wholesale transactions in central bank money. During these trials, 16 private firms as well as… Read More

May 23, 2024 @ 10:25 pm By Omar Faridi  |  

Nansen has reportedly integrates with Sei in order to provide on-chain analytics in the Sei Ecosystem. Nansen notes in a blog post that their integration of Sei will aim “to unlock onchain insights for their community.” Nansen said they are please to announce their integration… Read More

May 23, 2024 @ 10:20 pm By Omar Faridi  |  

Binance Labs, the venture capital and incubation arm of Binance, has invested in Aevo, a high-performance Layer 2 (L2) built on top of the OP Stack that allows perpetual trading, pre-launch futures, and options, all on the same platform with a single margin account. Its… Read More

May 23, 2024 @ 2:26 pm By JD Alois  |  

The US House of Representatives has approved legislation aimed at deterring the use of a central bank digital currency, or CBDC. The CBDC Anti-Surveillance State Act (HR 5403) vote was 216 for and 192 against.  22 members did not vote. While all of the Republicans… Read More

May 23, 2024 @ 8:18 am By Omar Faridi  |  

Alchemy Pay, the fiat-crypto payment solution provider, is set to launch its latest venture, the Web3 Digital Bank. This new initiative will offer global Web3 businesses “a compliant, easy, and reliable means to open and operate multi-fiat accounts, streamline cash flows within a single account,… Read More

May 22, 2024 @ 7:09 pm By JD Alois  |  

After an impassioned debate by multiple Democrats criticizing the legislation, the Financial Innovation and Technology for the 21st Century Act (FIT21), HR 4763, has been approved by the US House of Representatives. The final vote showed solid support as 208 Republicans were joined by 71… Read More

May 22, 2024 @ 4:32 pm By JD Alois  |  

The Financial Innovation and Technology for the 21st Century Act (FIT21) incorporates a Digital Asset Exemption that enables issuers to raise up to $75 million. The current language allows participation by both Accredited and Non-Accreditd Investors. For individuals who are not Accredited, there are limitations,… Read More

May 22, 2024 @ 3:35 pm By JD Alois  |  

House Financial Services Committee Chairman Patrick McHenry, along with Digital Assets, Financial Technology and Inclusion Subcommittee Chairman French Hill, and Oversight and Investigations Subcommittee Chairman Bill Huizenga, have joined to ask the Securities and Exchange Commission to provide information on Prometheum’s move to provide custody… Read More

May 22, 2024 @ 12:48 pm By JD Alois  |  

SEC Chairman Gary Gensler has posted commentary on the Financial Innovation and Technology for the 21st Century (FIT21) Act. First introduced in 2023, the legislation has recently re-emerged, moving forward in the House and a looming floor vote. The legislation aims to clarify the digital… Read More