Blockchain & Digital Assets

February 2, 2024 @ 7:45 am By Omar Faridi  |  

The US Department of Justice (DOJ) has reportedly unsealed indictments that have been made against three people for allegedly stealing more than $400 million from the bankrupt crypto exchange FTX. These three individuals had allegedly carried out a sophisticated SIM-swapping technique in order to gain… Read More

February 1, 2024 @ 9:22 pm By Omar Faridi  |  

Kvarn Capital, a digital asset firm licensed under the Finnish Financial Supervisory Authority (FIN-FSA), has chosen Talos as its technology provider to empower Kvarn X, its brokerage platform, to “provide advanced brokerage services to its individual and institutional clients.” This integration includes access to Talos’s… Read More

February 1, 2024 @ 7:57 pm By Omar Faridi  |  

Taurus SA announces it has joined the ERC3643 Association. This move is said to establish Taurus “as one of the first digital asset custody and tokenization infrastructure providers to join the association, marking a significant step in the advancement of smart contract standardization, and reinforcing… Read More

February 1, 2024 @ 12:49 pm By Omar Faridi  |  

Tether Holdings Limited (BVI) released its assurance opinion for the fourth quarter of 2023, conducted by BDO, an independent auditing firm. This attestation reportedly reaffirms “the accuracy of Tether’s Consolidated Reserves Report (CRR) and provides a detailed breakdown of the assets held by the Group… Read More

February 1, 2024 @ 10:36 am By JD Alois  |  

Coinshares says it now offers an exchange-traded product (ETP) that offers 1.25% staking rewards for Ethereum (Nasdaq Stockholm: CS; US OTCQX: CNSRF). The ETP does not hold a fee. The ETP trades on Nasdaq Stockholm and OTC Markets. Frank Spiteri, Head of Asset Management at… Read More

February 1, 2024 @ 8:15 am By Omar Faridi  |  

Celsius Network LLC announced that it has emerged from bankruptcy by completing the transactions under its confirmed plan of reorganization. The plan was reportedly “approved by approximately 98% of the company’s account holders and confirmed by the Bankruptcy Court for the Southern District of New… Read More

February 1, 2024 @ 8:06 am By Omar Faridi  |  

A former UK finance minister on Wednesday (January 31, 2024) has reportedly joined crypto exchange Coinbase (NASDAQ:COIN) to serve as the firm’s global advisor. As reported by CNBC, this latest appointment made by Coinbase is expected to strengthen the digital asset firm’s regulatory position at… Read More

January 31, 2024 @ 10:39 pm By Omar Faridi  |  

Binance Labs, the venture capital and incubation arm of Binance, has invested in Puffer, a decentralized and permissionless native liquid restaking protocol (nLRP) that combines Ethereum liquid staking with native restaking on EigenLayer. The invested funds will be used “to develop Puffer’s open-source technologies, its… Read More

January 31, 2024 @ 10:34 pm By Omar Faridi  |  

Transak, the payments infrastructure provider for crypto and NFTs, has announced a collaboration with Visa, an enabler of digital payments, in order to implement Visa Direct capabilities and help enhance its global off-ramp service. This collaboration marks a significant milestone by “enabling users in over… Read More

January 31, 2024 @ 6:35 pm By Omar Faridi  |  

Kaiko, a cryptocurrency market data provider, announced its integration with Bullish, one of the fastest-growing, regulated digital assets exchanges, to enhance market data services with the inclusion of Bullish’s exchange metrics to Kaiko’s data feed. This integration offers a broader range of trade and real-time… Read More

January 31, 2024 @ 11:19 am By JD Alois  |  

The European Securities and Markets Authority (ESMA) posted two consultations on crypto this week—one consultation on reverse solicitation and another on the classification of crypto-assets as financial instruments. The European Union (EU) has approved bespoke rules for crypto under MiCA or Markets in Crypto Assets regulation…. Read More

January 31, 2024 @ 8:59 am By Omar Faridi  |  

OKX Ventures, the investment arm of crypto exchange and Web3 technology company OKX, announced that it has invested in bitSmiley, a stablecoin protocol in the Bitcoin ecosystem. bitSmiley is a company that “provides comprehensive Bitcoin DeFi solutions, aiming to fill the gap of stablecoins and… Read More

January 31, 2024 @ 7:37 am By Omar Faridi  |  

Nuant are pleased to announce their strategic partnership with Aisot Technologies, an AI-powered portfolio optimization specialist. This collaboration marks a significant advancement “in sophisticated financial tools, elevating risk assessment and strategy performance for institutional investors.” On one side, Nuant says they “elevate digital asset management… Read More

January 30, 2024 @ 10:14 pm By Omar Faridi  |  

Mesh, the modern embedded finance solution that makes digital asset transfers and account aggregation seamless, today announced an investment from PayPal Ventures. This investment helps to reinforce Mesh’s position as a key player “in embedded finance and highlights PayPal’s commitment to fostering innovation in the… Read More

January 30, 2024 @ 3:09 pm By JD Alois  |  

As was reported yesterday the founders and promoters of Hyperfund, an alleged $1.89 billion crypto fraud, face both a civil action by the Securities and Exchange Commission as well as criminal charges brought by the US Department of Justice. Sam Lee has been charged in… Read More

January 30, 2024 @ 7:56 am By Omar Faridi  |  

Stephen Pair, co-founder and CEO of BitPay, recently shared his views and insights with Crowdfund Insider. Stephen Pair from Bitpay talked about the current state of crypto adoption and how the financial services sector can be enhanced with digital currency transactions. Stephen also talked about… Read More

January 30, 2024 @ 7:42 am By Omar Faridi  |  

Bitpanda is announcing the launch of Bitpanda Wealth, which is described as the specialized service tailored specifically to meet the unique needs of High-Net-Worth Individuals (HNWIs), Family Offices, External Asset Managers and Corporate Treasuries. Responding to the demands of investors in our current markets in… Read More

January 30, 2024 @ 7:33 am By Omar Faridi  |  

Portal, a Fintech pursuing “financial self-sovereignty” with technology to access Bitcoin and other cryptocurrency markets, announced it has exited stealth mode and raised $34 million in seed funding. Investors that participated in the round “include Coinbase Ventures, Arrington Capital, OKX Ventures and Gate.io, as well… Read More

January 29, 2024 @ 10:24 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has filed charges against HyperFund and its principles alleging a $1.7 billion “Crypto Pyramid scheme.” Founders Xue Lee (aka Sam Lee) and Brenda Chunga (aka Bitcoin Beautee) were said to have promoted HyperFund which allegedly claimed guaranteed returns for… Read More

January 29, 2024 @ 10:11 pm By Omar Faridi  |  

The Bank of England and HM Treasury have published their response to the consultation on a digital pound that was launched in February 2023. No final decision has been made “to pursue a digital pound – also called a central bank digital currency (CBDC).” Work… Read More