Blockchain & Digital Assets

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

December 26, 2023 @ 11:02 am By Omar Faridi  |  

Blockdaemon is announcing a partnership with LayerZero Labs. This collaboration unites LayerZero Labs’ expertise “in omnichain interoperability with Blockdaemon’s strength in blockchain infrastructure, self-custody wallets, and node management.” This joint effort aims to “enhance institutional access to decentralized finance (DeFi).” This partnership brings together two… Read More

December 24, 2023 @ 7:58 pm By Omar Faridi  |  

TaxBit, the provider of compliance solutions for digital assets, announced the launch of its CESOP Compliance Platform, catering to crypto exchanges operating in the EU. This solution addresses the upcoming CESOP compliance requirements set “to commence in Q1 2024, underscoring TaxBit‘s dedication to upholding tax… Read More

December 24, 2023 @ 2:02 pm By Michael Wong  |  

Thailand’s Kasikornbank Pcl, the country’s second-largest bank, is developing a digital-asset ecosystem to provide innovative funding routes for companies, according to a Bloomberg report. This move includes the October acquisition of the licensed digital-asset exchange Satang Corp, marking a rare instance of a major lender… Read More

December 24, 2023 @ 11:31 am By Omar Faridi  |  

Kraken says it’s pleased to announce the have successfully completed our latest Proof of Reserves. Clients can verify their account balances “are fully backed with on-chain assets, custodied securely by Kraken, for supported cryptocurrencies as of the November 30, 2023 snapshot.” This most recent Proof… Read More

December 24, 2023 @ 9:55 am By Omar Faridi  |  

Banks have vastly evolved over the last 50 years but the underlying global financial system has remained largely the same; obscure and inefficient. The advent of regulated digital assets and programmable money, “along with its adoption by central banks around the world offers a root… Read More

December 23, 2023 @ 3:22 pm By Omar Faridi  |  

Paxos, the regulated blockchain & tokenization infrastructure platform, is pleased to announce a strategic expansion of its stablecoin issuance to the Solana blockchain platform. Previously exclusive to Ethereum, this initiative represents “a significant milestone for the innovation and evolution of Paxos’s enterprise and consumer-facing businesses.”… Read More

December 23, 2023 @ 2:21 pm By Omar Faridi  |  

Coinbase Derivatives Exchange, a CFTC-licensed futures exchange, is pleased to announce that its crypto futures products are now available through the TT platform from Trading Technologies International, Inc. (TT), a global capital markets technology platform provider. Coinbase (NASDAQ:COIN) further noted that TT customers can now… Read More

December 23, 2023 @ 12:19 pm By Omar Faridi  |  

Sygnum Bank has announced a strategic partnership with Aquila GVM Consulting SA, an independent wealth management firm in Lugano with traditional asset management expertise. Aquila GVM Consulting will reportedly “leverage Sygnum’s crypto-native all-in-one digital asset banking services.” By working with Sygnum, Aquila GVM Consulting is… Read More

December 23, 2023 @ 4:22 am By Omar Faridi  |  

Crypto.com, which claims to be “trusted” by more than 80 million customers worldwide and says it is the supporter of regulatory compliance, security and privacy, signed a Memorandum of Understanding (MOU) with six major charities in Singapore in order “to help facilitate the acceptance of… Read More

December 23, 2023 @ 3:34 am By Omar Faridi  |  

Binance recently revealed that it administered “a survey to better understand their users’ motivations and reasons for using digital assets.” Drawing on a sample of over 1,000 respondents, the Binance survey found “that nearly half (45%) listed earning extra income as their primary use for… Read More

December 23, 2023 @ 3:26 am By Omar Faridi  |  

The Securities and Futures Commission (SFC) in Hong Kong warned the public to beware of entities operating under the names of “LonShiX” and “Bitbank (Global) Financial Holding Group,” suspected of “engaging in fraudulent activities purporting to be related to virtual assets.” The SFC notes that… Read More

December 22, 2023 @ 3:17 pm By Omar Faridi  |  

Alchemy Pay, the firm supporting fiat-crypto payment gateways, has entered into a strategic partnership with Worldpay, the global acquirer, to amplify its payment channels and elevate its payment capabilities. This partnership grants access “to Worldpay’s Visa and Mastercard payment rails on Alchemy Pay’s On &… Read More

December 22, 2023 @ 12:33 pm By Omar Faridi  |  

Centi is announcing the successful completion of its seed financing round led by Archblock and Bloomhaus Ventures with continued investments from existing shareholders and founders. Recognized for its proficiency in processing transactions as small as a cent, Centi claims that it  is now poised “for… Read More

December 22, 2023 @ 11:48 am By JD Alois  |  

The Securities and Exchange Commission has settled charges with BarnBridge DAO and its two founders, BarnBridge DAO Troy Murray and Tyler Ward, according to a statement by the Commission. Barnbreige will pay approximately $1.7 million in a penalty regarding allegations that Smart Yield Bonds, a digital… Read More

December 22, 2023 @ 11:30 am By Omar Faridi  |  

Circle, a global financial technology firm and the issuer of USDC and EURC, has today announced receipt of a conditional registration as “a Digital Asset Service Provider (‘DASP’, or ‘Prestataire de Service sur Actifs Numériques’ (PSAN)) with the French Financial Markets Authority (‘Autorité des Marchés… Read More

December 22, 2023 @ 10:27 am By Omar Faridi  |  

Amdax‘s vault is reportedly among the first crypto service providers in the EU to achieve the  ISAE-3000 Type-1 audit, conducted by accountancy firm Grant Thornton and assisted by Big-Four consultancy firm Deloitte. Amdax, the crypto-asset custodian and asset manager, is confirming that it is “the… Read More

December 22, 2023 @ 8:00 am By Omar Faridi  |  

In their State of the Network report, Coin Metrics is examining the major developments that shaped the digital assets industry in 2023 through a “data-driven lens.” After a challenging 2022, this past year “brought a number of positive developments across the ecosystem, from new institutional… Read More

December 21, 2023 @ 12:59 pm By Michael Wong  |  

SOMA Finance,a joint venture between MANTRA and Tritaurian Capital, has launched the first components of its hybrid decentralized digital platform, SOMA.finance. The platform, operated by Tritaurian, is set to be the world’s first compliant hybrid decentralized exchange and launchpad. It is noteworthy as the first… Read More

December 21, 2023 @ 11:12 am By Omar Faridi  |  

Really, a platform delivering weekly Augmented Reality (AR) experiences for theatrical release movies, aims to enhance these AR experiences for the entertainment industry by leveraging Avalanche‘s “scalable” blockchain in new offerings. The offerings include an upgrade “to the Really Collectible Ticket Program and new fan… Read More