Blockchain & Digital Assets

July 13, 2024 @ 11:06 am By Omar Faridi  |  

While public blockchains are inherently transparent and traceable, illicit actors turn to cryptocurrencies “to launder ill-gotten gains for the same reasons people use them for legitimate purposes: they are cross-border, virtually instant, and generally inexpensive to transact,” the team at Chainalysis noted in a blog… Read More

July 13, 2024 @ 9:00 am By Omar Faridi  |  

Stand with Crypto was born in the US as a movement focused on mobilizing the crypto community, the team at Coinbase (NASDAQ:COIN) notes in a blog post. Coinbase explains that Stand with Crypto in Canada is “all about shining a light on the pioneers building… Read More

July 13, 2024 @ 12:20 am By Omar Faridi  |  

Bitpanda is pleased to share their annual update, marking 2024 as a year of dynamic growth and expansion for Bitpanda Technology Solutions. Bitpanda notes that 2024 has been “a pivotal year for Bitpanda Technology Solutions, marked by diversification and new strategic partnerships.” They have reportedly… Read More

July 12, 2024 @ 5:40 pm By Omar Faridi  |  

    James Toledano, Chief Operating Officer at Savl, a self-custodial crypto and Web3 wallet that combines encryption, unique functionality, and intuitive design, has recently commented on key crypto / digital assets industry insights in a discussion with Crowdfund Insider. James Toledano from Savl has… Read More

July 12, 2024 @ 5:26 pm By Omar Faridi  |  

Consensys introduced a new chapter in web3 and blockchain adoption with the launch of the MetaMask Delegation Toolkit. The package of developer tools and smart contracts “enables dapps and protocols to build wholly new experiences, while providing robust, granular levels of safety tailored to users’… Read More

July 12, 2024 @ 10:03 am By Omar Faridi  |  

Sygnum, a global digital asset banking group, announces the launch of Sygnum Connect, its 24/7 multi-asset instant settlement network. The network settles fiat, digital assets and stablecoin transactions “for institutional investors, liquidity providers, stablecoin issuers, brokers and selected exchanges.” Sygnum Connect fills the current industry… Read More

July 12, 2024 @ 9:58 am By Omar Faridi  |  

Crypto exchange Coinbase (NASDAQ:COIN) and the US Securities and Exchange Commission (SEC) have been clashing with each other during the last few weeks on Coinbase’s subpoena requesting for SEC Chairman Gary Gensler’s personal communicatons and other details from a period prior to him being appointed… Read More

July 11, 2024 @ 12:20 pm By Omar Faridi  |  

Digital Prime Technologies, LLC, an aspiring provider of digital asset technology for financial institutions, has listed a Reg D offering on tZERO. The company claims that its “Tokenet” platform and Prime Solutions products can enable digital asset management. As the offering is under Reg D,… Read More

July 11, 2024 @ 9:41 am By Omar Faridi  |  

The Blockchain Security Standards Council (BSSC) announced its formation as a critical initiative to establish and enforce security standards for the blockchain industry. Founding members include Anchorage Digital, Bastion, Coinbase, Figment, Fireblocks, Kraken, Ribbit Capital, and Sentinel Global. Technical audit firms Halborn and OpenZeppelin are also… Read More

July 11, 2024 @ 8:16 am By Omar Faridi  |  

Global cryptocurrency exchange BitMEX has pleaded guilty to a Bank Secrecy Act offense, according to the US Department of Justice (DOJ). BitMEX willfully “flouted” U.S. Anti-Money Laundering (AML) laws, claims the DOJ. Damian Williams, the United States Attorney for the Southern District of New York,… Read More

July 10, 2024 @ 11:50 pm By Omar Faridi  |  

Binance Research has examined key Web3 developments in June 2024 to provide an overview of the ecosystem’s current state. Binance Research analyze the performance of crypto, DeFi, and NFT markets. Despite a strong start to the month of June, the market “encountered major sell-offs and… Read More

July 10, 2024 @ 4:55 pm By JD Alois  |  

Congressman Patrick McHenry took to the floor of the House today to criticize the actions of President Joe Biden regarding his veto of HJ Res. 109 as well as the inability of FIT21 – digital asset legislation – to become law. McHenry noted that HJ… Read More

July 10, 2024 @ 12:00 pm By Omar Faridi  |  

Alchemy Pay, the fiat-payment gateway, now supports cash payments on its On-ramp service for Taiwan users that enhances the convenience of purchasing crypto-assets. Users can now place the order and pay with cash in Taiwan’s local fiat currency, TWD, at popular offline convenience stores “such… Read More

July 10, 2024 @ 11:09 am By Omar Faridi  |  

Crypto market sentiment has become divided just two months after the Bitcoin Halving, with no strong consensus sentiment, the team at CoinGecko noted. According to a recent survey shared by CoinGecko, 49.3% of crypto participants “still felt bullish about the market, even amid the pullback… Read More

July 10, 2024 @ 9:28 am By Omar Faridi  |  

Circle has provided an update regarding stablecoin EURC which is coming to Base. According to a blog post from Circle, here’s what this means for the Base ecosystem. Circle notes in an update that they are pleased “to bring EURC to Base, its first euro-backed… Read More

July 10, 2024 @ 9:22 am By Omar Faridi  |  

World Chain is described as a new blockchain that prioritizes humans and is designed to scale with the growth of the Worldcoin project in support of all of humanity. The launch of the World Chain developer preview “provides a unique opportunity for developers around the… Read More

July 10, 2024 @ 7:45 am By Omar Faridi  |  

Global institutions are partnering with Pyth Network to shape the future of finance. That trend continues today as we welcome onboard AMINA Bank, a fully licensed Swiss bank and pioneer in the financial industry, as a market data provider to the network. AMINA Bank is… Read More

July 10, 2024 @ 5:48 am By Omar Faridi  |  

Tether Operations Limited, which claims to be one of the largest companies in the digital asset industry, and BTguru, a technology and strategy company specializing in virtual and crypto assets, have signed a Memorandum of Understanding (MoU) to evaluate digital assets educational initiatives in Turkey…. Read More

July 9, 2024 @ 9:24 pm By Omar Faridi  |  

Stacking DAO, the liquid staking platform on the Stacks blockchain, has forged a partnership with Copper, a digital asset custody, collateral management and prime services provider. Stacking DAO offers users the ability “to partake in Stacks consensus staking rewards while simultaneously engaging in diverse DeFi… Read More

July 9, 2024 @ 11:09 am By JD Alois  |  

There has been a good amount of discussion regarding Mt Gox releasing (finally) Bitcoin held by the platform, along with reports that Germany is selling Bitcoin on the open market. The additional supply of Bitcoin has impacted the price of the world’s most popular digital… Read More