Blockchain & Digital Assets

May 13, 2024 @ 7:07 pm By Michael Wong  |  

CIFDAQ, a Fintech company specializing in a comprehensive array of blockchain-based services, announced the inauguration of its operations across India, with a strategic aim to harness the potential of the nation’s burgeoning digital finance sector. Founded with the vision to streamline blockchain applications for mainstream… Read More

May 13, 2024 @ 5:37 pm By Omar Faridi  |  

In a step towards enhancing blockchain accessibility and adoption, Obligate is gearing up for its upcoming deployment on the Lisk network, a Layer 2 solution and member of the Optimism Superchain. As part of the collaboration, Lisk and Obligate aim “to address challenges in emerging… Read More

May 13, 2024 @ 5:01 pm By Omar Faridi  |  

Research from Uniswap Labs proposes a new methodology for measuring price improvements across Order Flow Auctions (OFAs). Uniswap has been an enabler of automated market makers (AMMs) – which have gained significant traction over the past few years. The Uniswap Protocol alone has “processed over… Read More

May 13, 2024 @ 8:38 am By Omar Faridi  |  

1inch is pleased to announce the release of 1inch Fusion 2.0, which facilitates significant savings on crypto swaps. Launched in December 2022, 1inch Fusion enables users “to swap tokens on various networks without paying gas fees, while enjoying access to liquidity across the entire crypto… Read More

May 13, 2024 @ 7:50 am By Omar Faridi  |  

Low float crypto account for 21.3% of the top 300 crypto by market capitalization, according to an update from CoinGecko. This means that for 1 out of every 5 large cap crypto, “the majority of their token supply has yet to be unlocked, resulting in… Read More

May 12, 2024 @ 10:07 pm By Omar Faridi  |  

Bitcoin Suisse, the Swiss-based pioneer in crypto-financial services, is pleased to announce the addition of Starknet (STRK) trading and custody to its platform. This latest development underscores Bitcoin Suisse’s commitment to “providing its clients with access to innovative blockchain projects and investment opportunities.” Starknet is… Read More

May 12, 2024 @ 10:57 am By Michael Wong  |  

JanOne Inc., a Nasdaq-listed pioneer in innovative solutions aimed at ending the opioid crisis, has signed a definitive agreement to acquire ALT 5 Sigma Inc., a Delaware-based player in blockchain financial technology, along with its subsidiaries. The transaction is set to close the week of… Read More

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

Mainstream media headlines this past week read something like “FTX Has Billions More Than Needed to Pay Bankruptcy Victims” and “FTX says most customers of the bankrupt crypto exchange will get all their money back.” However, digital asset investor Anthony Pompliano has explained why this… Read More

May 11, 2024 @ 5:25 pm By Omar Faridi  |  

Taurus SA is pleased to announce its new membership with the Nordic Blockchain Association (NBA), a non-profit organization dedicated to the advancement of blockchain technology in the Nordic countries. This partnership highlights Taurus‘ commitment “to supporting digital assets growth with traditional financial institutions in the… Read More

May 11, 2024 @ 5:19 pm By Michael Wong  |  

The Financial Intelligence Unit (FIU) of the Indian government has granted Binance and Kucoin, offshore cryptocurrency exchanges, the approval to register and operate as virtual asset service providers in India. This pivotal decision allows them to engage in a broad array of digital asset services,… Read More

May 11, 2024 @ 8:46 am By Omar Faridi  |  

Ripple, the provider of enterprise blockchain and crypto solutions and XRPL Labs, the company that develops wallets and other software for the XRP ledger, have joined Swirlds Labs and the Algorand Foundation as the Founding Members of the DeRec Alliance, with two-year seats on the… Read More

May 10, 2024 @ 5:47 pm By JD Alois  |  

The Financial Innovation and Technology for the 21st Century (FIT21) Act is taking another step forward in a process to provide new rules to oversee the emerging digital asset ecosystem. The House Rules Committee has agreed to a floor vote, which is expected to take place… Read More

May 10, 2024 @ 2:50 pm By JD Alois  |  

BlackStar (OTC Pink:BEGI) reports that it has patented a process to trade securities using blockchain technology. BlackStar is a microcap trading on OTC Markets Pink segment. Its market cap is currently around $3.8 million. BlackStar also operates Blockchain Equity Management Corp. (BEMC). The company aims… Read More

May 10, 2024 @ 2:30 pm By Omar Faridi  |  

FINTRAC announced that it has imposed an administrative monetary penalty on Binance Holdings Limited, also operating as Binance Holdings (IE) Ltd., Binance.com, Binance Global and Binance. This foreign money services business was “imposed an administrative monetary penalty of $6,002,000 on May 7, 2024 for non-compliance… Read More

May 10, 2024 @ 10:59 am By JD Alois  |  

Bitso, a Latin American digital asset platform, has announced a new digital wallet, which will be made available to its users beginning May 13th. According to a statement distributed by the firm, the Bitso Web3 Wallet has been created to interact with Web3 applications (dApps)… Read More

May 10, 2024 @ 9:17 am By JD Alois  |  

Call it fate or luck, but most FTX customers and creditors will receive their money back after the firm filed for bankruptcy protection. FTX, under the management of liquidators, said that 98% of FTX creditors would receive at least 118% of allowed claims. Other creditors… Read More

May 10, 2024 @ 9:04 am By Omar Faridi  |  

Fireblocks now offers support for $EIGEN, alongside access to restaking via EigenLayer, a protocol in the Ethereum ecosystem. This integration allows ETH stakers “to generate additional rewards” without committing further collateral through a process called “restaking.” EigenLayer is set to launch “the first round of… Read More

May 10, 2024 @ 9:02 am By Omar Faridi  |  

  BlockFi says they have engaged Coinbase (NASDAQ:COIN) as their distribution partner to ensure continuity of crypto withdrawals available to their eligible BlockFi Interest Account (BIA), Retail Loan, and Private Clients. As previously reported, BlockFi emerged from bankruptcy as of October 24, 2023. BlockFi filed… Read More

May 10, 2024 @ 8:58 am By Omar Faridi  |  

One of the world’s largest asset managers projects that the stablecoin market will tip $3 trillion in the next four years, a 22x leap from today. This, according to an update shared by Ripple Labs. Putting this adoption in context “requires understanding the role stablecoins… Read More

May 9, 2024 @ 8:23 am By Omar Faridi  |  

The US, UK, and the Philippines are reportedly leading overall interest in small cap cryptocurrency tokens, according to an extensive update from CoinGecko. According to the research report from CoinGecko, the most degen country in crypto is the US, which “represented 16.8% of global interest… Read More