Blockchain & Digital Assets

May 21, 2024 @ 4:04 pm By Omar Faridi  |  

Solidus Labs is pleased to announce their membership in LëtzBlock, a recently formed Luxembourgish association dedicated to advancing a safe, regulated, and integrity-driven blockchain ecosystem. This initiative unites crypto professionals with “the shared goal of promoting responsible innovation and shaping a robust legal framework for… Read More

May 21, 2024 @ 8:41 am By Omar Faridi  |  

OKX are pleased to announce that they have invested in Bitlayer, which is describe as the first Bitcoin security-equivalent Layer 2 based on BitVM. Bitlayer aims to scale the Bitcoin network’s transaction capability. Advocating for the Taproot and BitVM technologies, Bitlayer has “adopted the Discreet… Read More

May 21, 2024 @ 3:12 am By Omar Faridi  |  

Anchorage Digital Singapore is pleased to be the “first” crypto custodian to announce compliance with Singapore digital asset custody regulation by receiving an exemption in respect to its digital payment token (DPT) custody service from the Monetary Authority of Singapore (MAS). The exemption as set… Read More

May 20, 2024 @ 11:45 pm By Omar Faridi  |  

Talos, the provider of digital asset trading technology for institutions, and One Trading, a crypto trading venue headquartered and regulated in the European Union, announced an integration designed to expand liquidity access for institutions. As part of the collaboration, One Trading joins the Talos network… Read More

May 20, 2024 @ 10:02 pm By Omar Faridi  |  

Coinbase Derivatives is reportedly expanding its futures offering to include Oil and Gold. On June 3, 2024, Coinbase Derivatives, part of Coinbase (NASDAQ:COIN) and a CFTC-regulated futures exchange, will launch retail-sized futures contracts “for oil and gold.” These new contracts should help traders with further… Read More

May 20, 2024 @ 5:01 pm By JD Alois  |  

Recently, CI covered the rise in venture capital money going into digital assets. There has been renewed interest in risk capital going into crypto firms. In Q1 2024, crypto startups experienced an increase of 40.3% increase in venture funding and a 44.7% jump in deal… Read More

May 20, 2024 @ 7:42 am By Omar Faridi  |  

Tether Operations Limited, which claims to be among the largest company in the digital asset industry, is joining forces with Oobit, a mobile payment app, and the TON Foundation to revolutionize the use of cryptocurrencies as a means of payment, offering users a seamless and… Read More

May 20, 2024 @ 7:33 am By Omar Faridi  |  

The highly-anticipated fourth Bitcoin halving occurred a little after 8:09 p.m. ET on Friday April 19, 2024. Initially, Bitcoin traded flat in “the immediate aftermath of the halving, holding steady around $63,000, but finished the month at $60,636, a drop of 15% on the closing… Read More

May 19, 2024 @ 1:42 pm By Omar Faridi  |  

Ripple releases the quarterly XRP Markets Report to voluntarily provide transparency and regular updates on the company’s views on the state of crypto markets, relevant XRP Ledger and XRP-related announcements, and market developments over the previous quarter. As an XRP holder, Ripple believes in “proactive… Read More

May 19, 2024 @ 10:39 am By Omar Faridi  |  

Private market exchange ADDX Pte. Ltd., regulated by the Monetary Authority of Singapore, has launched the blockchain-based ADDX Fixed Income Marketplace and pioneered a Multi-Issuer Debt Issuance Program for companies to conveniently issue digitized commercial paper and bonds. The Digitized Bonds are expected to “be… Read More

May 18, 2024 @ 9:57 am By Omar Faridi  |  

In Q1 2024, crypto fundraising increased significantly as startups secured $2.4 billion across 518 deals, according to an update from PitchBook. PitcbBook further revealed that this “represents a 40.3% increase in invested capital and a 44.7% jump in deal volume compared with the previous quarter.”… Read More

May 18, 2024 @ 9:52 am By Omar Faridi  |  

The fastest blockchain has reportedly processed 91M transactions in a day, according to an update shared by CoinGecko. CoinkGecko recently shared a detailed report that examines which network support the fastest blockchain in the fast-evolving Web3 space. According to the report from CoinGecko, Solana has… Read More

May 17, 2024 @ 3:51 pm By Omar Faridi  |  

Figment has collaborated its protocol staking solutions with Maple Finance, which claims to set itself apart as an innovator in the digital asset lending space with its diversified lending solutions. Now that Maple Finance can stake their client’s digital assets, it will “provide more security… Read More

May 17, 2024 @ 10:06 am By JD Alois  |  

io.finnet has launched a new digital asset custody solution catering to institutions. The company says that “”io.vault” has signed up several institutional players including Ibanera and Evo Exchange. io.vault aims to support clients in the OTC sector, DeFi platforms, crypto exchanges, active trading funds, and… Read More

May 17, 2024 @ 9:25 am By Omar Faridi  |  

Corporate venture capital funding rebounds in Q1’24, driven by $100M+ mega-rounds, according to an update from CBInsights. CBInsights noted that Corporate venture capital (CVC) had “a solid quarter in Q1’24, with CVC-backed funding increasing by 26% quarter-over-quarter (QoQ), greater than the venture market as a… Read More

May 17, 2024 @ 8:59 am By Omar Faridi  |  

Bitcoin Suisse reports on its 2023 financial result and provides an outlook into 2024. During a phase of what market insiders commonly refer to as “crypto winter”, the company streamlined its offering, increased the scalability and efficiency of its infrastructure, and invested into future products… Read More

May 16, 2024 @ 10:37 pm By Omar Faridi  |  

Institutional crypto platform Anchorage Digital has announced support for native DYDX staking. Now, institutions can stake DYDX from safe and secure custody “at Anchorage Digital and earn staking rewards distributed by the protocol in USDC.” As home to the only federally chartered digital asset bank,… Read More

May 16, 2024 @ 6:34 pm By Omar Faridi  |  

Applied research from the Worldcoin Foundation and TACEO, a team of cryptography engineers, has advanced the biometric template protection and enabled the secure deletion of Worldcoin’s previous iris code system. Working within a field of cryptography “known as secure multi-party computation (SMPC), Worldcoin and TACEO… Read More

May 16, 2024 @ 2:34 pm By JD Alois  |  

Following approval in the House earlier this month, the US Senate has voted on and approved HJ Res. 109, which overturns the SEC’s Staff Accounting Bulletin (SAB) 121 under the Congressional Review Act (CRA). When the House approved the resolution. Chairman of the House Financial… Read More

May 16, 2024 @ 11:36 am By Omar Faridi  |  

A US Department of Justice (DOJ) indictment was unsealed, charging Anton Peraire-Bueno, 24, of Boston, and James Pepaire-Bueno, 28, of New York, with conspiracy to commit wire fraud, wire fraud, and conspiracy to commit money laundering. The charges in the indictment arise “from an alleged… Read More