Blockchain & Digital Assets

October 16, 2024 @ 9:21 pm By Omar Faridi  |  

Blockstream has reportedly finalized a $210 million convertible note financing round which has been led by Fulgur Ventures, marking a key shift in its evolution as the global provider of financial infrastructure technology powered by Bitcoin (BTC), the flagship cryptocurrency. The capital injection will be… Read More

October 16, 2024 @ 5:41 pm By Omar Faridi  |  

MARA (NASDAQ: MARA), a global firm focused on leveraging digital asset compute to support the energy transformation, announced that it has secured a $200 million line of credit, “collateralized” by a portion of its bitcoin holdings. MARA explained in an update that it may potentially… Read More

October 16, 2024 @ 5:24 pm By Omar Faridi  |  

Paxos, the regulated blockchain and tokenization infrastructure platform, introduced its new stablecoin payments platform. Stripe’s Pay with Crypto product is powered by Paxos’ stablecoin payments infrastructure, making it easier for merchants to accept stablecoin payments. As a regulated provider of blockchain infrastructure, Paxos’ stablecoin payments… Read More

October 16, 2024 @ 7:47 am By Omar Faridi  |  

Securitize, the firm focused on tokenizing real-world assets, announced that qualified institutions can now convert their USDC to USD via Securitize’s integration with Zero Hash, a crypto and stablecoin infrastructure platform which facilitates conversion between U.S. dollars and digital assets, to subscribe into BlackRock’s USD… Read More

October 16, 2024 @ 7:45 am By JD Alois  |  

The Depository Trust & Clearing Corporation (DTCC) has joined the growing number of regulatory/innovation entities by launching a Fintech Sandbox to support the development of digital assets. Just about everyone acknowledges that at some point, all securities will be digital—potentially enhanced with codable or “smart”… Read More

October 16, 2024 @ 7:32 am By Tony Zerucha  |  

Recently Xalts announced a deeper collaboration to bring its enterprise-grade real-world asset tokenization platform, RWA Cloud, to the Polygon blockchain network. RWA Cloud provides solutions to enable financial services, governments, and other enterprise developers looking to build digital asset platforms for implementing blockchain, tokenization, and… Read More

October 16, 2024 @ 7:27 am By Omar Faridi  |  

The European Securities and Markets Authority (ESMA) noted that the DLT Pilot Regime has started applying in the European Union (EU) as of 23 March 2023. ESMA explained in an update that it provides the legal framework for trading and settlement of transactions in crypto-assets… Read More

October 16, 2024 @ 7:26 am By Omar Faridi  |  

Former FDIC Chair Sheila Bair, Vice Chairman of Partners Capital and former CENTRE Consortium CEO David Puth, and Ripple Executive Chair Chris Larsen have reportedly joined the RLUSD Advisory Board. Ripple, the provider of digital asset infrastructure for financial institutions, announced its exchange partners and… Read More

October 15, 2024 @ 9:30 pm By Omar Faridi  |  

Crypto.com and BENEFIT, the company that’s focused on FinTech and electronic financial transactions services in Bahrain, have recently announced they will begin discussions on combining their expertise and help expand the digital assets and fintech ecosystem in Bahrain. The companies signed an MOU at the… Read More

October 15, 2024 @ 6:16 pm By Tony Zerucha  |  

Several factors will impact Bitcoin prices, YouHodler markets chief Ruslan Lienkha believes. Lienkha said Bitcoin prices remain in a consolidation and corrective phase following the strong growth seen earlier this year. The weekly chart remains optimistic, showing a bullish flag pattern, often indicating an upward… Read More

October 15, 2024 @ 5:31 pm By Omar Faridi  |  

This latest collaboration is reportedly designed to streamline the security token issuance process, thus offering issuers as well as investors with an efficient and secure experience. As noted in a blog post, Regtech company Sumsub is pleased to announce a strategic collaboration with Polymath, which… Read More

October 15, 2024 @ 8:33 am By Omar Faridi  |  

France’s crypto hardware wallet maker Ledger says that it is sharply focused on maintaining a high level of security and privacy. Since launching the Ledger Live companion app, the French digital currency hardware wallet maker has continued to work on further improving the user experience… Read More

October 15, 2024 @ 8:13 am By Omar Faridi  |  

CoinGecko has released their latest 2024 Q3 Crypto Industry Report. CoinGecko noted in its recent research report that Q3 saw crypto close the quarter flat at a $2.3 trillion market capitalization, but the period still saw significant volatility. CoinGecko further noted that geopolitical and economic… Read More

October 14, 2024 @ 8:01 pm By Tony Zerucha  |  

Cryptocurrency investors who trusted Mt. Gox with their funds learned this week they’ll have to wait even longer to be repaid. The news was posted on the disgraced platform’s website on Oct. 10. Mt. Gox’s trustee extended the deadline to repay creditors to Oct. 31,… Read More

October 14, 2024 @ 7:57 pm By Omar Faridi  |  

Crypto-focused firms have reportedly racked up as much as $32 billion in US regulator settlements, according to an update from CoinGecko. The research report from CoinGecko noted that the top crypto enforcement action carried out by US regulators has been primarily against bankrupt crypto exchange… Read More

October 14, 2024 @ 6:49 pm By Omar Faridi  |  

As we enter the final three months of 2024, the digital assets and blockchain ecosystem is emerging from the so-called crypto winter. After a decade-long initiative by the digital assets and DLT industry, crypto ETFs were officially introduced in the US markets. And institutional players… Read More

October 14, 2024 @ 6:40 pm By Omar Faridi  |  

Brazil’s digital banking platform Nubank (NYSE: NU) recently introduced the Coupon Hub in Shopping do Nu, which is a discount center that aims to bring together various offers available in its marketplace and which will be gradually made available to clients. With this latest functionality,… Read More

October 14, 2024 @ 12:40 pm By Omar Faridi  |  

Less than a month before the presidential elections in the United States take place, next Tuesday, November 5, both candidates (former US President Donald Trump and Kamala Harris) have made statements about the crypto industry and the future of Bitcoin. According to an update from… Read More

October 14, 2024 @ 8:19 am By Omar Faridi  |  

Ripple, the provider of digital asset infrastructure, announced the launch of new features and functionality to Ripple Custody, bringing the benefits of “bank-grade” custody technology to fintechs and crypto natives. The update reportedly includes a transaction screening service integration, added hardware security module (HSM) options,… Read More

October 13, 2024 @ 11:44 pm By Omar Faridi  |  

Bitpanda has shared research examining the crypto investment market in Italy. In Italy, Bitpanda said they have found that nearly one in ten people (9%) across the European nation currently invest in virtual currencies, however, the update clarified that this number rises to 16% for… Read More