Blockchain & Digital Assets

April 30, 2024 @ 7:36 pm By Omar Faridi  |  

Formal verification is a process that mathematically proves the correctness of a system, ensuring it “behaves exactly as intended under all defined conditions.” the CertiK team notes in a blog post. CertiK explains that given the complexity and the high-stakes nature of blockchain technology, where… Read More

April 30, 2024 @ 7:35 pm By Omar Faridi  |  

Pakistan’s Finance Minister Muhammad Aurangzeb recently stated that the nation’s government is looking into integrating digital currency transactions within the Asian country’s financial ecosystem. While addressing attendees at the World Economic Forum (WEF) special meeting held in in Riyadh, Minister Aurangzeb commented on Pakistan‘s efforts… Read More

April 30, 2024 @ 3:58 pm By Omar Faridi  |  

The Federal Trade Commission (FTC) recently issued a key notice, warning consumers of scammers impersonating FTC staff members in “attempts to steal money from innocent victims.” Blockchain firm Chainalysis has analyzed these developments in a comprehensive update. According to the FTC, these scammers typically “fabricate… Read More

April 30, 2024 @ 3:46 pm By JD Alois  |  

Roger Ver, aka Bitcoin Jesus, has been charged with tax fraud. According to a statement by the US Department of Justice, Ver was arrested this weekend in Spain. He has been charged with mail fraud, tax evasion and filing false tax returns. Ver had acquired… Read More

April 30, 2024 @ 3:39 pm By JD Alois  |  

Binance founder and former CEO Changpeng Zhao (CZ) was sentenced to four months in prison last November after pleading guilty. Zhao was also required to pay a $50 million penalty. According to WSJ.com, Zhao told the court he was sorry for his behavior and regretted… Read More

April 30, 2024 @ 8:51 am By Omar Faridi  |  

Stripe, a financial infrastructure platform for businesses with a fiat-to-crypto onramp, now supports the Avalanche C-Chain. Retail users can purchase AVAX directly through Stripe, “removing the need to go through an exchange.” Available to U.S. Stripe’s fiat-to-crypto onramp is “a customizable widget embedded into Avalanche… Read More

April 30, 2024 @ 8:46 am By Omar Faridi  |  

Ripple, the provider of enterprise blockchain and crypto solutions, has entered into a strategic partnership with HashKey DX, the Tokyo-based specialized consulting company of the HashKey Group, to introduce XRP Ledger (XRPL)-powered enterprise solutions to the Japanese market. HashKey Group has achieved significant success “with… Read More

April 30, 2024 @ 8:42 am By Omar Faridi  |  

Tether, which claims to be one of the largest companies in the digital asset industry, announced that it has made a strategic investment of $200 million into Blackrock Neurotech, the enabler of Brain-Computer-Interface (BCI) technology, through its newly formed venture division Tether Evo. With this… Read More

April 30, 2024 @ 8:38 am By Omar Faridi  |  

MicroStrategy Incorporated (Nasdaq: MSTR), which claims to be the largest corporate holder of bitcoin and the largest independent publicly-traded business intelligence company, announced financial results for the three-month period ended March 31, 2024 (the first quarter of its 2024 fiscal year). While Bitcoin is off… Read More

April 29, 2024 @ 11:45 pm By Omar Faridi  |  

ETC Group is announcing the launch of its latest Exchange-Traded Product (ETP) on Deutsche Börse XETRA. The ETC Group Core Bitcoin ETP (ticker BTC1; ISIN DE000A4AER62) has “been tailored specifically for benchmark-conscious, long-term buy-and-hold investors, and global institutional investors with extended liquidity and risk management… Read More

April 29, 2024 @ 11:36 pm By Omar Faridi  |  

Digital Asset has released a report highlighting developments related to the tokenization and on-chain adoption of Real-World Assets (RWAs). The report from Digital Asset Research “includes details on centralized industry players and asset class coverage, as well as coverage of select decentralized finance protocols working… Read More

April 29, 2024 @ 1:46 pm By Omar Faridi  |  

The team at digital asset firm OKX is announcing a strategic investment in CARV, which is described as one of the largest modular data layers for Gaming and AI. OKX noted in a blog post that they’re making their new investment in CARV, the largest… Read More

April 29, 2024 @ 10:20 am By JD Alois  |  

Crypto mixer zkSNACKs and Wasabi Wallet service is now blocking US citizens from using its service. Crypto mixers have gained the ire of the US Department of Treasury, which believes that they are frequently used by bad actors to cover their tracks for nefarious activities…. Read More

April 29, 2024 @ 8:48 am By Omar Faridi  |  

As the bull market continues, VC Brian D. Evans shares insights on how projects and founders can best approach and take advantage of the current bull run. He also comments on the difference in approach between a bull market in traditional finance vs. the crypto… Read More

April 29, 2024 @ 7:40 am By Omar Faridi  |  

Bitcoin’s fixed and programmatic supply function is on display as Bitcoin experienced its fourth halving last Friday evening, the team at NYDIG noted. As noted in the report from NYDIG, fees jump following the Bitcoin halving event, albeit temporarily, as Runes “makes its debut, breaking… Read More

April 28, 2024 @ 8:10 pm By Omar Faridi  |  

Blockchain Association (BA) and the Crypto Freedom Alliance of Texas (CFAT) filed a lawsuit against the Securities and Exchange Commission (SEC) in the Northern District of Texas that challenges the SEC’s misguided attacks on the U.S. digital asset industry and the Commission’s arbitrary and capricious… Read More

April 28, 2024 @ 4:30 pm By Omar Faridi  |  

Cboe Global Markets, Inc. (Cboe: CBOE), the derivatives and securities exchange network, announced plans to refocus its digital asset business to leverage its core strengths in derivatives, technology and product innovation while realizing operating efficiencies for both Cboe and its clients. These changes are being… Read More

April 28, 2024 @ 3:58 pm By Omar Faridi  |  

Custodian Copper.co and “trusted” third party Nemean Services announce that they have upgraded their insurance protection for digital assets in cold storage. Building on the $500m of cover already in place, one of the largest limits in existence, cover has now been extended to include… Read More

April 28, 2024 @ 11:23 am By Omar Faridi  |  

The Digital Currency Group (DCG) recently announced the appointment of Aimie Killeen as Chief Legal Officer (CLO). An experienced legal executive with a track record executing legal strategies that drive corporate success and shareholder value, Killeen brings “to DCG 20+ years of deep expertise in… Read More

April 28, 2024 @ 11:01 am By Omar Faridi  |  

Talos, the premier provider of institutional technology for trading digital assets, announced its acquisition of Cloudwall, a developer of sophisticated digital asset risk technology. The technology and expertise of Cloudwall will aim to “enhance Talos’s existing portfolio management system (PMS), expanding it to deliver the… Read More