Blockchain & Digital Assets

October 29, 2024 @ 8:19 am By Omar Faridi  |  

Crypto asset management firm Bitwise Asset Management announced that the company has now surpassed $5 billion in assets under management across its suite of beta and alpha investment products. New and existing investors have made 2024 a “breakout” year for Bitwise, with several key milestones… Read More

October 28, 2024 @ 11:05 pm By Omar Faridi  |  

On June 28, 2024, the US Treasury Department had released the first of what will “likely” be a few different sets of final regulations relating to digital assets. According to an extensive update from Taxbit, for the most part, this set of finalized rules addresses… Read More

October 28, 2024 @ 2:15 pm By Omar Faridi  |  

PrimeVault, a key player focused on institutional digital asset infrastructure backed by Y Combinator, Arrington XRP Capital, HashKey Capital, Cogitent Ventures, Alchemy, and G-20 Group, announced that it is adding support for the Radix Network within its platform. This integration enhances Radix’s accessibility to institutions,… Read More

October 28, 2024 @ 6:21 am By Tony Zerucha  |  

The Common Crawl Foundation, a non-profit organization founded in 2007 and dedicated to providing a copy of the Internet to the public, and Constellation Network, a Web3 blockchain ecosystem notable for providing solutions to the US Department of Defense, this announced a strategic partnership aimed… Read More

October 28, 2024 @ 1:03 am By Tony Zerucha  |  

EtherMail founder and CEO Shant Kevonian said Stripe’s $1.1 billion acquisition of Bridge, a stablecoin API provider, is a pivotal moment in bridging the Web2/Web3 divide. Kevonian said the move is the latest step in the ongoing convergence of the crypto and fintech markets –… Read More

October 27, 2024 @ 10:45 pm By Omar Faridi  |  

  Luke Plaster, Chief Security Architect at io.finnet, has shared his unique perspective with CI on a range of topics including digital asset security. In a world where digital asset security is paramount, io.vault by io.finnet is said to be breaking new ground with it’s… Read More

October 27, 2024 @ 10:44 pm By Omar Faridi  |  

The team at Blockdaemon has shared key crypto / digital assets industry insights which aim to take a closer look at the various US Congressional actions in 2024. Sam Kim notes in a recent blog post by Blockdaemon that their overview of recent U.S. regulatory… Read More

October 27, 2024 @ 10:16 pm By Omar Faridi  |  

Solana (SOL) network activity typically peaks during US hours, though it appears to be “skewed” more towards Pacific Coast time zones when compared to Bitcoin (BTC) and Ethereum (ETH), according to an in-depth analysis from Coinbase Institutional. The research report noted that the concentration of… Read More

October 27, 2024 @ 9:40 pm By Omar Faridi  |  

The global stablecoin supply is reportedly down 2.7% from a peak on Aug. 30, but is now expected to pick back up as digital token prices continue to climb higher as we get closer to the US elections. This, according to research report from OurNetwork…. Read More

October 27, 2024 @ 8:40 pm By Omar Faridi  |  

Digital assets firm Gemini has shared key crypto market updates for the past week including how US Spot Bitcoin ETFs have managed to reverse their inflow streak. In addition to this, Tether (USDT) reached new heights, as Bitcoin (BTC) price approaches the critical $70K mark… Read More

October 27, 2024 @ 8:14 pm By Omar Faridi  |  

Kaspersky’s Global Research and Analysis Team (GReAT) uncovered a sophisticated malicious campaign by the Lazarus Advanced Persistent Threat (APT) group, targeting cryptocurrency investors worldwide. The attackers allegedly used a “fake” cryptogame website that exploited a zero-day vulnerability in Google Chrome to “install spyware and steal… Read More

October 27, 2024 @ 7:51 pm By Tony Zerucha  |  

This week, FINRA released The Metaverse and the Implications for the Securities Industry. It is intended to raise awareness among FINRA member firms and the broader securities industry by providing an overview of how developments related to the metaverse may impact business models and processes…. Read More

October 27, 2024 @ 7:48 pm By Omar Faridi  |  

Stablecoin USDT issuer Tether slams WSJ’s “irresponsible reporting,” and says it stands by its “strong’ law enforcement track record. Notably, Tether’s reaction / response comes shortly after the WSJ reported that the stablecoin issuer could be under investigation by US authorities, possibly (and allegedly) including… Read More

October 27, 2024 @ 4:47 pm By Omar Faridi  |  

Ethereum co-founder Vitalik Buterin recently shared a number of ways to cut down on Ethereum’s bloat in the leading smart contract platform’s “Purge” update roadmap. Cutting down the requirement for each network node to have to permanently maintain all history along with unnecessary protocol details… Read More

October 27, 2024 @ 4:37 pm By Omar Faridi  |  

MicroStrategy (NASDAQ:MSTR) company stock recently surged to a 25-year high at $245, which has notably come before the release of AI-focused business intelligence company’s Q3 earnings report. MicroStrategy’s stock strongly aligns with major Bitcoin (BTC) developments. As crypto and Bitcoin industry observers would know, MicroStrategy… Read More

October 27, 2024 @ 4:36 pm By Omar Faridi  |  

The US government has reportedly retrieved more than $19 million from a what appeared to be a hack this past week, according to insights shared by Arkham. The US government-linked digital wallet appears to have recovered nearly 90% of the lost assets within 24 hours… Read More

October 27, 2024 @ 4:31 pm By Michael Wong  |  

Australia has announced a three-year initiative to explore central bank digital currencies (CBDCs), focusing on wholesale applications, regulatory reforms, and industry engagement. Brad Jones, Assistant Governor (Financial System) at the Reserve Bank of Australia (RBA), shared details of the plan at an industry event in… Read More

October 26, 2024 @ 2:12 pm By Michael Wong  |  

South Korea is set to strengthen oversight of cross-border virtual asset trading, including cryptocurrency, with revised regulations slated for enactment by late 2025, according to reports. The government aims to revise the Foreign Exchange Transactions Act in collaboration with relevant agencies, intending to curb illegal… Read More

October 26, 2024 @ 1:09 pm By Omar Faridi  |  

CyBirb, a Web3 security company, announced its official launch within Abu Dhabi Global Market (ADGM), which is the international financial centre of the UAE’s capital. As mentioned in the update shared by ADMG, this key move now aims to strengthen capabilities in blockchain cybersecurity and… Read More

October 26, 2024 @ 8:45 am By Omar Faridi  |  

Digital assets firm Binance is introducing Binance Connect. The revamped Binance Connect offers Web3 businesses a fiat on and off-ramp solution fully integrated into the Binance ecosystem, allowing users to buy and sell crypto directly from their Binance accounts via DeFi wallets such as Trust… Read More