Blockchain & Digital Assets

August 2, 2024 @ 8:34 am By Omar Faridi  |  

Solaris, Europe’s embedded finance platform is pleased to welcome Bitpanda, Europe’s crypto platform, on its KYC platform. Bitpanda will leverage Solaris full digital and scalable KYC solution Bankident “to identify customers in Germany.” This signals a new chapter in “a longstanding partnership between Solaris &… Read More

August 2, 2024 @ 6:21 am By JD Alois  |  

Abu Dhabi has officially launched the Blockchain Center as it seeks to boost innovation and foster growth in the digital asset sector. The Blockchain Center aims to create a thriving ecosystem that “supports startups, enterprises, and academic institutions through a range of comprehensive services and… Read More

August 1, 2024 @ 10:24 pm By Omar Faridi  |  

Riot Platforms, Inc. (NASDAQ: RIOT), an industry participant supporting vertically integrated Bitcoin mining, reported financial results for the three-month period ended June 30, 2024. Jason Les, CEO of Riot said: “I am extremely pleased to present results for Riot’s second quarter 2024, during which we… Read More

August 1, 2024 @ 7:25 pm By Omar Faridi  |  

Tokenization platform OpenEden has announced that it will bring tokenized US Treasury bills (T-bills), a short-term US government debt obligation backed by the US Department of the Treasury, to the XRP Ledger (XRPL) and its users for the first time. The tokenization of T-bills onto… Read More

August 1, 2024 @ 10:30 am By JD Alois  |  

Blockchain.com has partnered with Bakkt (NYSE: BKKT) to enable crypt trading in all 50 US states. Bakkt is a regulated digital asset exchange providing services like custody and other infrastructure. Previously, Blockchain.com did not offer services in eight states due to regulatory hurdles. Lane Kassleman,… Read More

August 1, 2024 @ 9:02 am By Omar Faridi  |  

Copper, a firm focused on digital asset custody, collateral management and prime services has partnered with Radix, a decentralized network that aims to provide a radically better user and developer experience for Web3 and DeFi applications. By integrating the custody of Radix (XRD) within Copper’s… Read More

July 31, 2024 @ 10:42 pm By Omar Faridi  |  

Ripple, the enabler of enterprise blockchain and crypto solutions, and Fenasbac, the National Federation of Associations of Central Bank Servers, announced a partnership to advance fintech innovation in Brazil through the Next accelerator program. Their combined effort will “support the development of scalable financial services… Read More

July 31, 2024 @ 12:48 pm By JD Alois  |  

Stablecoin issuer Tether is reporting a $5.2 billion profit for the first six months of 2024. The news was shared as part of the firm’s Q2 attestation of holdings. Q2 generated $1.3 billion in profits after a strong Q1. Tether reports that it mainly holds… Read More

July 31, 2024 @ 10:53 am By JD Alois  |  

CoinShares (OTC:CNSRF) says it will use TS Imagine’s “TS One” service for trading and risk management for its Relative Value equities hedge fund. TS Imagine is a cross asset trading firm for institutions. CoinShares is an investment company specializing in digital assets with offices in… Read More

July 31, 2024 @ 10:31 am By JD Alois  |  

The Securities and Exchange Commission (SEC) has filed charges against the founder of BitClout, alleging securities fraud. Nader Al-Naji (aka Diamondhands) is said to have raised over $257 million in a scheme for the sale of unregistered securities – the token BTCLT. Simultaneously, criminal charges… Read More

July 31, 2024 @ 6:11 am By Omar Faridi  |  

Binance Labs, the venture capital and incubation arm of Binance, has invested in aPriori, a project focused on Miner Extractable Value (MEV)-powered liquid staking solutions on Monad, a high-performance Ethereum-compatible L1 smart contract platform. aPriori’s mission is to “decentralize Monad’s network and enhance the user… Read More

July 30, 2024 @ 10:15 pm By Omar Faridi  |  

Consensys announced a research agreement with Smart Transaction Corp (STXN), enabling STXN to investigate ways to further enhance the composability and utility of Ethereum transaction semantics. The research, which is separate from but complementary to MetaMask’s Smart Transactions feature launched in May 2024, will “be… Read More

July 30, 2024 @ 4:05 pm By Omar Faridi  |  

The US Securities and Exchange Commission (SEC) may be withdrawing its charges against third-party crypto tokens like Solana’s SOL as well as Polygon’s MATIC. These digital tokens have been part of the regulator’s lengthy case against crypto exchange Binance, Breaking: #Solana $SOL is no longer… Read More

July 30, 2024 @ 1:30 pm By JD Alois  |  

The Biden Administration has sought to undermine the digital asset industry. Leading the anti-crypto charge has been Gary Gensler, the Chairman of the Securities and Exchange Commission. As President Joe Biden has recently exited the Presidential campaign, this may lead to a change in policy posture for the current… Read More

July 30, 2024 @ 12:10 pm By JD Alois  |  

Crypto fraud is an ongoing problem; as quickly as platforms and providers adjust to counter nefarious activity in digital assets, bad actors seem to update their game. Some crypto frauds are legendary in the size of the theft. Xerberus is looking to mitigate crypto fraud with… Read More

July 30, 2024 @ 11:25 am By JD Alois  |  

Digital asset firms have vocally supported the candidacy of former President Donald Trump. The Biden Administration has long been hostile towards crypto, with SEC Chairman Gary Gensler leading the charge of undermining this sector of Fintech, choosing to regulate crypto by enforcement. This means that… Read More

July 30, 2024 @ 10:53 am By JD Alois  |  

The Bank of England has posted a Discussion Paper on the payments ecosystem. The Paper looks to review innovations in payments and how they can impact the Bank’s monetary and financial stability objectives while bringing opportunities and improvements. The Paper outlines the Bank’s current plans,… Read More

July 30, 2024 @ 8:09 am By Omar Faridi  |  

For the “first” time in United States history, crypto has become a significant campaign issue in a presidential election, according to Gemini‘s upcoming 2024 State of Crypto survey. The study shared by Gemini found that “more than one in five Americans currently own cryptocurrency (21%).”… Read More

July 30, 2024 @ 8:07 am By Omar Faridi  |  

Institutional investors and wealth managers are increasingly convinced the $100,000 Bitcoin landmark will be achieved with one in five expecting it will be hit within two years (the current price is $66,687), according to new global research by London-based Nickel Digital Asset Management, Europe’s digital… Read More

July 29, 2024 @ 11:21 pm By Omar Faridi  |  

Banxa Holdings Inc. (TSXV: BNXA) is pleased to announce the appointment of Zafer Qureshi as Co-CEO, joining forces with Holger Arians. This strategic move aims to “leverage their combined expertise to propel Banxa into a new era of growth and innovation.” Holger Arians, Chairman and… Read More