Blockchain & Digital Assets

September 1, 2024 @ 5:30 pm By Omar Faridi  |  

Quai, a Layer-1 crypto network for the global and compute economies, announces the closing of a $5 million funding round with participation from Cogitent Ventures, MH Ventures, TPC Ventures, Giga Chad Ventures, and DexCheck Ventures. Additionally, Quai previously secured $10 million “from Polychain Capital and… Read More

September 1, 2024 @ 2:51 pm By Omar Faridi  |  

Crypto.com announced the launch of global retail services, including the ability to provide seamless deposit and withdrawal facilities for millions of retail users of the Crypto.com App from over 90 countries, vastly improving the efficiency and utility of customers’ crypto journeys. Crypto.com’s global retail services… Read More

August 31, 2024 @ 6:07 pm By Omar Faridi  |  

The World Federation of Exchanges (WFE), the global industry association for exchanges and central clearing counterparties, has released recommendations that establish good practice for crypto-asset custody providers, drawing lessons from traditional financial markets to guide the emerging digital asset space. The ruling against FTX and… Read More

August 31, 2024 @ 3:12 pm By Omar Faridi  |  

Blockdaemon has joined the launch of the industry’s “first” Node Operator Risk Standard (NORS) certification for Ethereum (ETH), establishing a new benchmark for operational security and risk management for the Ethereum node operators. Additionally, Blockdaemon now participates in the NORS Development Working Group, the group… Read More

August 31, 2024 @ 3:11 pm By Omar Faridi  |  

Mercuryo, a global payments infrastructure platform, has launched on-ramp services on Ninji Wallet, an “agile” cryptocurrency wallet in the Injective ecosystem with seamless access, robust security and simplified asset management. The collaboration represents a pivotal moment in “enhancing Ninji Wallet’s capabilities, with Mercuryo delivering intuitive… Read More

August 31, 2024 @ 12:19 pm By Omar Faridi  |  

  Bitcoin will be increasingly used as a reserve asset on the balance sheets of publicly listed companies underlining its growing acceptance as an asset class, according to new global research by London-based Nickel Digital Asset Management, Europe’s regulated and award-winning digital assets hedge fund… Read More

August 31, 2024 @ 12:13 pm By Michael Wong  |  

Peregrine Exploration, a blockchain development and research company, secured $3.6 million in funding co-led by Polychain Capital and Dragonfly to advance the development of Level, a pioneering stablecoin protocol. This funding round also saw participation from prominent investors including Robot Ventures, Pier Two, EIV, Global… Read More

August 30, 2024 @ 2:13 pm By Omar Faridi  |  

The Biden administration’s regulatory approach towards crypto-assets has led to considerable restructuring at a relatively small, yet somewhat prominent digital assets bank. FOX Business has revealed that Custodia Bank, a Wyoming based financial institution that provides various banking services to crypto firms, said  Thursday that… Read More

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

CME Group said it will further expand its cryptocurrency derivatives offerings by introducing Bitcoin Friday futures (BFF) on September 30, pending regulatory review. Sized at one-fiftieth of one bitcoin, these new weekly futures contracts “will be cash-settled to the CME CF Bitcoin Reference Rate New… Read More

August 29, 2024 @ 10:36 am By JD Alois  |  

Crypto launchpad Gems is reporting having raised $198 million to “unearth genuine gems in the Web3 landscape. The Israel based entity explained the money will be divvied up among its first three projects. The launchpad is said to bring together a huge network of investors,… Read More

August 29, 2024 @ 10:24 am By JD Alois  |  

In a working paper posted yesterday, the Bank for International Settlements (BIS) posted a treatise on Novel risks, mitigants and uncertainties with permissionless distributed ledger technologies (DLT). The executive summary of the paper is brief, explaining: “Banks that transact on permissionless blockchains or similar distributed… Read More

August 29, 2024 @ 8:36 am By Omar Faridi  |  

OKX Global Chief Commercial Officer Lennix Lai is pleased to share the release of their new research brief, “Digital assets as the new alternative for institutional investors: market dynamics, opportunities and challenges,” commissioned by OKX Institutional and authored by Economist Impact. This comprehensive study features… Read More

August 28, 2024 @ 9:41 pm By Omar Faridi  |  

The team behind Solayer is announcing their $12 million round that has been led by Polychain and Hack VC. The team is pleased to confirm in a blog post that Solayer has successfully “raised $12M in their latest funding round, led by Polychain and Hack… Read More

August 28, 2024 @ 2:54 pm By Omar Faridi  |  

Space and Time Labs are pleased to announce that their team has secured a $20M Series A, bringing their total funding to $50 million. SxT claims that they are empowering the community “to own their future in an AI-powered world by providing the tools they… Read More

August 28, 2024 @ 9:55 am By Omar Faridi  |  

Osprey Funds, LLC, the sponsor of the Osprey Bitcoin Trust, the Bitwise Bitcoin ETF and Bitwise Asset Management jointly announced the entry into an Asset Purchase Agreement pursuant to which BITB will acquire the assets of the Trust. As part of this transaction, OBTC unitholders… Read More

August 28, 2024 @ 7:32 am By Omar Faridi  |  

Aquanow, a global crypto infrastructure provider trusted by 300+ clients, is announcing a strategic partnership with Zodia Custody, an institution-first digital asset custodian backed by Standard Chartered, SBI Holdings, Northern Trust, and National Australia Bank. The partnership will see Zodia Custody “provide its enterprise custody… Read More

August 27, 2024 @ 4:25 pm By JD Alois  |  

DeFi firm MakerDAO has rebranded as Sky. In a release, Sky indicated that SubDAOs will now become “Sky Stars.” Sky has also released its new stablecoin, USDS, pegged to the US dollar. A New Sky.money website and app are expected to launch to provide a… Read More

August 27, 2024 @ 2:39 pm By Omar Faridi  |  

Immunefi, the blockchain cybersecurity platform protecting over $190 billion in assets, has just released its Hacks & Token Prices Report, which is said to be the most comprehensive overview of the impact of hacks on the prices of protocols’ native tokens. This research report from… Read More

August 27, 2024 @ 1:02 pm By JD Alois  |  

Sygnum Bank is a digital asset-focused financial institution that is based and regulated in Switzerland, supervised by the Swiss Market Financial Authority (FINMA). The company also holds a CMS [Capital Market Services license issued by the Monetary Authority of Singapore (MAS). Both of these jurisdictions… Read More

August 27, 2024 @ 12:15 pm By Omar Faridi  |  

Hex Trust, a provider of digital asset solutions for institutional finance and the Web3 ecosystem, has announced the launch of its inaugural Staking Partner Program. This initiative will feature four infrastructure partners: Chorus One, Kiln, Luganodes and Twinstake. Hex Trust clients will be “able to… Read More