Blockchain & Digital Assets

December 29, 2023 @ 11:39 am By Omar Faridi  |  

This year has been a “true test” for crypto, according to an update from CoinList. Digital asset platform CoinList noted in a blog post that during 2022, the blockchain/DLT industry “faced macroeconomic challenges, scandals, criminal trials, enforcement actions, and a handful of notable collapses and… Read More

December 29, 2023 @ 11:37 am By Omar Faridi  |  

Folks Finance has chosen LI.FI in order to power the swaps and DEX integrations for its upcoming cross-chain protocol. Set to launch in Q2 2024, the expansion from Folks Finance will aim to “introduce a unique hub-and-spoke model to DeFi lending, seamlessly unifying multiple blockchains… Read More

December 29, 2023 @ 10:44 am By JD Alois  |  

The Digital Asset Anti Money Laundering Act (S. 2669) is pending legislation that aims to stymie bad actors’ use of crypto to cover their tracks. The bill was introduced by Senator Elizabeth Warren, a well-known digital asset skeptic. Warren sits on the Senate Banking Committee,… Read More

December 29, 2023 @ 10:23 am By Omar Faridi  |  

VC firm Andreessen Horowitz has shared a comprehensive crypto-assets and blockchain ecosystem update / recap as we all get ready to enter “a new era of decentralization.” According to a16z, we keep seeing over and over again that when control of a powerful system or… Read More

December 29, 2023 @ 10:09 am By Omar Faridi  |  

In an industry that moves like no other, crypto has had “a year like no other,” according to an update from BitMEX. BitMEX, which was once the leading crypto derivatives exchange but experienced major regulatory challenges and enforcement actions a few year back, noted in… Read More

December 29, 2023 @ 9:05 am By JD Alois  |  

Barry Silbert, the founder of Grayscale, which is part of the Digital Currency Group (DCG), has resigned from his position as a board member of Grayscale. Grayscale is the sponsor of the Grayscale Bitcoin Trust (OTC:GBTC), an OTC markets traded vehicle that allows investors to… Read More

December 28, 2023 @ 7:07 pm By Omar Faridi  |  

Greylock claims it has a history of partnering with founders from idea to IPO. Recently, Greylock announced two important next steps in that mission: Greylock 17, their newest early-stage fund, and Greylock Edge, a program “to help founders initiate new companies from idea to early… Read More

December 28, 2023 @ 6:28 pm By Omar Faridi  |  

After the launch of World ID 2.0 and the open sourcing of the Worldcoin iris recognition pipeline in mid December, World ID verifications are now “available in Singapore via the Orb, the project’s custom hardware device.” A full list of verification locations is available on… Read More

December 28, 2023 @ 2:21 pm By Omar Faridi  |  

Blockstream, the global firm focused on Bitcoin infrastructure technology, has  announced the upcoming Series 2 launch of its Bitcoin-denominated investment vehicle, the Blockstream ASIC (BASIC) Note. As stated in a blog post by Blockstream, here ar ethe Key Facts: Series 1 was oversubscribed, demonstrating strong… Read More

December 28, 2023 @ 8:55 am By Omar Faridi  |  

Cryptocurrency isn’t just here to stay – it’s the “future of money,” according to an update from Coinbase (NASDAQ:COIN). The largest crypto exchange in the US has outlined the status of digital assets while predicting a bullish future for crypto. Even in the aftermath of… Read More

December 27, 2023 @ 9:17 pm By Omar Faridi  |  

Granted and SKALE Network are partnering to provide opportunities for applications across web3 to find funding and a blockchain home to thrive on. Granted was established to “provide strategic grant funding for the Web3 ecosystem.” Their expertise lies in “offering expedited and preferred application processing… Read More

December 27, 2023 @ 5:21 pm By Omar Faridi  |  

EOS Labs and EOS Network Foundation (ENF), which claim to be “stewards” of the EOS Network, are pleased to announce a strategic partnership with the EOS Stable Coin Chain (ESCC), an Ethereum-based blockchain deployed as “a smart contract on the EOS Network using a customized… Read More

December 27, 2023 @ 12:50 pm By Omar Faridi  |  

OKX, a global Web3 technology company and crypto exchange, recently announced the publication of its 14th monthly Proof of Reserves (PoR) report, reportedly “demonstrating USD14.9 billion in primary assets backing user funds.” OKX‘s PoR report provides “a comprehensive overview of the reserve ratios for 22… Read More

December 27, 2023 @ 9:51 am By JD Alois  |  

The Hong Kong Monetary Authority (HKMA) has kicked off a public consultation on the issuance of stablecoins. Stablecoins are digital assets that are referenced to other assets. Typically affiliated with fiat currency, stablecoins may also be paired with other assets such as gold. Today, most… Read More

December 27, 2023 @ 8:56 am By Omar Faridi  |  

Bitcoin Suisse, which claims to be the “trusted” Swiss crypto investment partner, today announced the release of a suite of robust Application Programming Interfaces (APIs). These APIs provide access “to trading and staking services, enabling institutional clients to use and create customized crypto offerings, simplify… Read More

December 26, 2023 @ 10:03 pm By Omar Faridi  |  

Singapore-based Whampoa Digital and Wemade, a Korean gaming company, have entered into a strategic partnership to collaborate on a US$100 million Web3 Fund to be established by Wemade as well as on digital asset initiatives in the Middle East. As part of this collaboration, Whampoa… Read More

December 26, 2023 @ 2:03 pm By Omar Faridi  |  

Bullish, which claims to be among the “fastest-growing,” regulated, institutional digital assets exchange, recently launched perpetual futures for eligible customers following approval from its regulator, the Gibraltar Financial Services Commission (GFSC). The growing dominance of the global crypto derivatives market, which “accounts for approximately 75%… Read More

December 26, 2023 @ 11:46 am By Omar Faridi  |  

Marathon Digital Holdings, Inc. (NASDAQ:MARA), a key player focused on supporting and securing the Bitcoin ecosystem, has added Anchorage Digital Bank National Association, a “secure” custodian and the only federally chartered crypto bank, “as a bitcoin custodian, increasing the number of Marathon’s bitcoin custodians from… Read More

December 26, 2023 @ 11:15 am By Omar Faridi  |  

Bakkt (NYSE:BKKT) recently had the opportunity to submit a statement for the “Connecting Communities: Building Innovation Ecosystems Across America” hearing, held by the House of Financial Services Subcommittee on Digital Assets, Financial Technology and Inclusion. At Bakkt, they believe that “a regulated and transparent crypto… Read More

December 26, 2023 @ 11:07 am By Omar Faridi  |  

Following recent initiatives to promote blockchain innovation in Georgia, Tether announced that it has invested an undisclosed amount into the Series-A investment round of Academy of Digital Industries, a Georgia-based progressive education platform “offering an extensive range of digital training and masterclasses.” This collaboration marks… Read More