Blockchain & Digital Assets

April 2, 2024 @ 7:35 am By JD Alois  |  

Three big banks – Lloyds Banking Group, Nationwide, and Natwest, along with Rightmove, have invested in the Proptech firm Coadjute. Lloyds Banking Group led the funding round, investing £3 million of the £10 million total raise. This round brings the company’s total raised to £23… Read More

April 1, 2024 @ 7:16 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has posted that it has obtained a final judgment against defendants Ryan Felton, FLiK, and CoinSpark. The SEC had previously charged the defendants in 2020 for two initial coin offerings (ICOs) that were deemed to be fraudulent. Felton, FLiK,… Read More

April 1, 2024 @ 7:06 pm By JD Alois  |  

Tether, the largest issuer of stablecoins, has posted on its blog that it has passed a SOC 2 Type 1 audit. Tether CEO Paolo Ardoino said the compliance measure “assures our customers that their assets and data are managed in an environment meeting the highest… Read More

April 1, 2024 @ 6:50 pm By Omar Faridi  |  

The team at Figment is pleased to announce a continuation of our collaboration with Ledger, bringing Ethereum staking to the Ledger Live application. This collaboration gives ETH token holders “the ability to stake their Ethereum in increments of 32, directly through their Ledger devices.” The… Read More

April 1, 2024 @ 10:56 am By Tony Zerucha  |  

Laser Digital, Nomura’s digital asset subsidiary, is launching a new venture in collaboration with blockchain protocol TruFin, a WebN incubated company. This initiative leverages Polygon’s Aggregation Layer (AggLayer) to introduce the Laser Digital Polygon Adoption Fund. The Fund will expose investors to Polygon-MATIC, the native gas… Read More

April 1, 2024 @ 9:12 am By Tony Zerucha  |  

Blockchain Coinvestors, a blockchain venture fund-of-funds and coinvestment program, this week unveiled its bi-annual Institutional Digital Finance Adoption Report, which tracks digital finance adoption, by service offering, among the world’s 50 largest financial institutions ranked by assets under management (AUM). The company said, for the… Read More

April 1, 2024 @ 9:08 am By Omar Faridi  |  

According to a ruling by a judge this past Friday (March 29, 2024), the US Federal Reserve will not be required to provide Wyoming-based digital asset bank Custodia access to a master account. Federal Reserve Banks are able to determine if they should issue master… Read More

March 31, 2024 @ 10:12 am By Omar Faridi  |  

The Global State of Crypto report from Bakkt (NYSE: BKKT) provides a comprehensive analysis of markets and regulation. As stated in the Bakkt report, the spectacular collapse of FTX in November 2022 kicked-off a “tumultuous news cycle” for crypto. According to Bakkt’s report, the momentum… Read More

March 31, 2024 @ 10:09 am By Omar Faridi  |  

eToro, a trading and investing platform, announced recently that it has added 12 new altcoins to its platform. Omri Ross, Chief Blockchain Scientist at eToro, said: “We are excited to enable our customers to access these new assets, covering a large range of new ideas… Read More

March 30, 2024 @ 8:39 pm By Omar Faridi  |  

Caroline Pham from the Commodity Futures Trading Commission (CFTC) has been critical of the actions of her own regulatory agency, noting that the CFTC could be interfering on its partner agency in the recent charges it made against digital currency exchange KuCoin this past week…. Read More

March 30, 2024 @ 5:34 pm By Omar Faridi  |  

Digital money, when carefully managed, can potentially aid Pacific Island growth and equality, according to an update shared by the IMF. A cautious step-by-step approach would help the region “explore new technologies effectively to deliver economic and social gains while managing risks,” the International Monetary… Read More

March 30, 2024 @ 10:33 am By Omar Faridi  |  

Real World Assets (RWAs) in crypto have a long history, starting with fiat-backed stablecoins such as Tether (USDT), according to an update shared by CoinGecko. However, since the introduction of DeFi in 2020, and the bear market of 2022, a more diverse variety of RWAs… Read More

March 29, 2024 @ 5:51 pm By Omar Faridi  |  

Australian digital wallet provider and payment startup Stables has announced the launch of international remittances for its thousands of users (focusing on the AU-PH Corridor). From today, Stables users in over 130 countries can send Australian Dollars or Philippine Pesos to over 140 million people… Read More

March 29, 2024 @ 4:39 pm By Michael Wong  |  

MyShell, a Tokyo-based innovator in the field of artificial intelligence, announced that it has successfully raised $11 million in a Pre-Series A funding round. This recent injection of capital, led by Dragonfly Capital and supported by a consortium of investors including Delphi Ventures, Bankless Ventures,… Read More

March 29, 2024 @ 4:01 pm By Omar Faridi  |  

Making crypto compliant with existing regulatory frameworks and interoperable with traditional legal and financial systems is “an enormous yet hugely worthwhile task,” according to Binance, which remans the world’s largest crypto exchange in terms of trading volume and overall scope of operations. This, despite having… Read More

March 29, 2024 @ 10:36 am By Michael Wong  |  

Blockhouse Digital, an asset management firm focused on collateralized lending and yield-generating strategies within the cryptocurrency markets, has announced the successful closure of its $2 million seed GP funding round. This financial milestone was achieved with contributions from strategic partners, notably including its institutional OTC… Read More

March 29, 2024 @ 10:14 am By Omar Faridi  |  

The new HCCH Project focused on an extensive study of digital tokens. After the conclusion and decision at its 2024 meeting by the governing body of the HCCH, the Council on General Affairs and Policy (CGAP), the Permanent Bureau has recently begun its work that… Read More

March 29, 2024 @ 8:55 am By Omar Faridi  |  

Galaxy Digital Holdings Ltd. (TSX: GLXY) released financial results for the three and twelve months ended December 31, 2023, for both itself and Galaxy Digital Holdings LP. Since the end of the fourth quarter 2023, digital asset prices “materially changed and our business has benefited… Read More

March 29, 2024 @ 8:30 am By Omar Faridi  |  

Manhattan US District Court Judge Jed S. Rakoff has given a major blow to Terraform Labs and its founder Do Kwon. Recently, Judge Rakoff dismissed a mistrial bid that was reportedly related to disclosures regarding the Terraform’s alleged deception. The notable decision was announced during… Read More

March 29, 2024 @ 8:17 am By Omar Faridi  |  

Eaglebrook, a digital asset investment platform that provides registered investment advisors (RIAs) with direct access to bitcoin and other digital assets, announces the launch of the Franklin Templeton Digital Asset Dynamic BTC/ETH separately managed account (SMA) strategy. This strategy, which is specifically designed for RIAs… Read More