Blockchain & Digital Assets

February 26, 2024 @ 11:59 am By JD Alois  |  

Anchorage Digital, home to a federally chartered digital asset bank, says its institutional self-custody digital wallet Porto is now fully available for users. The company has described this as their biggest news since it received its bank charter in 2021. Anchorage states that their customers… Read More

February 26, 2024 @ 11:52 am By Omar Faridi  |  

Balance, Canada’s digital asset custodian, is pleased to announce that it has once again surpassed $2B worth of assets under custody (AUC). Balance’s CEO, George Bordianu said: “Our focus since day one has been to build a world-class custodian for companies working with digital assets…. Read More

February 26, 2024 @ 11:50 am By Omar Faridi  |  

OVERDARE, Inc., a joint venture backed by gaming/metaverse industry participants KRAFTON, Inc. and NAVER Z Corporation, announced a partnership with Circle Internet Financial, a global financial technology firm and the issuer of USDC, the world’s “largest regulated” US dollar-backed stablecoin. This collaboration is set to… Read More

February 26, 2024 @ 10:33 am By Tony Zerucha  |  

Zoniqx (formerly known as Tassets) a provider of digital asset management services, this week announced its partnership with Ripple, an enterprise blockchain and crypto solutions firm. This collaboration harnesses the scalable infrastructure of the XRP Ledger (XRPL) and integrates it with Zoniqx’s Tokenization Platform as a Service (TPaaS) and Tokenization Life… Read More

February 26, 2024 @ 7:56 am By Omar Faridi  |  

The Texas Blockchain Council (TBC) alongside one of its members, Riot Platforms, initiated legal proceedings against the U.S. Department of Energy’s Energy Information Administration (EIA), challenging “an alleged unprecedented and illegal data collection demand against the bitcoin mining industry.” This legal action underscores the TBC’s… Read More

February 25, 2024 @ 9:17 pm By Omar Faridi  |  

Zumo, the B2B digital assets infrastructure that prioritizes sustainability, has announced the appointment of Jason Tucker-Feltham as the company’s new Head of Sales. Tucker-Feltham is said to be “an experienced crypto sales, business development and capital introduction professional.” Prior to joining Zumo, he had reportedly… Read More

February 25, 2024 @ 5:51 pm By Omar Faridi  |  

Digital wealth platform Yield App has unveiled a “significant” expansion to its staking program. According to an update shared with CI, holders of the platform’s YLD token “can now earn H1 tokens through its new Diamond+ program at an attractive APY of 25%.” This initiative… Read More

February 24, 2024 @ 10:36 am By Omar Faridi  |  

23 out of the 50 biggest airdrops (46%) recorded peak token prices during the first 2 weeks of their airdrop date, the team at CoinGecko noted in a new report. According to CoinGecko this suggests that the best time to sell airdrop tokens “may be… Read More

February 23, 2024 @ 7:27 pm By Omar Faridi  |  

Riot Platforms, Inc. (NASDAQ: RIOT), an industry enabler of vertically integrated Bitcoin (“BTC”) mining, reports financial results for the full year ended December 31, 2023. The audited financial statements are available on Riot’s website and here. Jason Les, CEO of Riot, said: “I am pleased… Read More

February 23, 2024 @ 4:56 pm By JD Alois  |  

Binance, the largest crypto exchange in the world, must pay $4.3 billion in penalties in a settlement previously announced. According to multiple reports, the judge handling the case approved the guilty plea and the penalty.  The settlement was revealed last November and included the exit… Read More

February 23, 2024 @ 4:33 pm By Omar Faridi  |  

Marathon Digital Holdings, Inc. (NASDAQ:MARA), a firm focused on supporting and securing the Bitcoin ecosystem, has launched Slipstream, a direct Bitcoin transaction submission service designed to streamline confirmations of large or non-standard Bitcoin transactions. By default, Bitcoin nodes frequently “exclude large and non-standard transactions from… Read More

February 23, 2024 @ 2:02 pm By Omar Faridi  |  

Tenzro is launching its AI content platform on Avalanche, aiming to serve as an open, composable platform for any developer to be able to easily launch AI-powered creative content capabilities. By enabling dApp builders with robust AI capabilities, Tenzro believes that “all content creators, such… Read More

February 23, 2024 @ 2:00 pm By Omar Faridi  |  

Singularity, founded in late 2022, says it has concluded its second funding round at the end of 2023, with this round reportedly led by Gumi Cryptos Capital. The funding will support the development of its protocol, “aimed at facilitating compliant access to DeFi as well… Read More

February 23, 2024 @ 9:47 am By JD Alois  |  

The European Central Bank (ECB) has published a critical report on Bitcoin. The report follows the approval of Bitcoin ETFs in January by the US Securities and Exchange Commission. In a blog post by Ulrich Bindeil, DG of Market Infrastructure & Payments at the ECB,… Read More

February 22, 2024 @ 10:58 pm By Omar Faridi  |  

After months of work across their business, the team at BVNK is pleased to share that our EMI license in Europe is live and operational. Over the past year, BVNK have successfully acquired and “operationalized System Pay Services (Malta) Limited, our EU EMI entity in… Read More

February 22, 2024 @ 12:35 pm By JD Alois  |  

Congressman Warren Davidson has taken to X to criticize Central Bank Digital Currency (CBDC), describing these types of digital assets as an “existential threat to Western civilization.”   Central Bank Digital Currency (CBDC) is an existential threat to western civilization.@FinancialCmte passed a bill to ban… Read More

February 22, 2024 @ 4:00 am By JD Alois  |  

Bob Wigley, the Chairman of UK Finance, has joined the Board of Directors of R3. UK Finance is a group that advocates on behalf of the UK financial services industry, representing over 300 individual firms. The group aims to drive innovation and help to shape… Read More

February 22, 2024 @ 2:11 am By Omar Faridi  |  

A new report found that over half of finance-savvy Singaporeans own crypto, with staking emerging as the top use case, presenting an opportunity for regulated platforms to enable compliant participation in this growing trend through features emphasizing security, consumer protections and compliance. Crypto creates economic… Read More

February 21, 2024 @ 9:53 pm By Omar Faridi  |  

OKX, a Web3 technology company, announced that it has partnered with Web3 platforms Biconomy, ZeroDev and Rhinestone to co-publish the ERC-7579 standard, which outlines technical standards for simplifying and unifying the management of ‘Modular Smart Accounts.’ The standard aims to enable developers “to customize and… Read More

February 21, 2024 @ 9:51 pm By Omar Faridi  |  

Nexo, the institution for digital assets, announced a partnership with Sift, the firm focused on Digital Trust & Safety. By working with Sift, Nexo will be able to enhance its approach “to fraud prevention, enhancing security measures and ensuring a safer, smoother, quicker, and more… Read More