Blockchain & Digital Assets

April 10, 2024 @ 3:42 pm By Omar Faridi  |  

Blockchain Coinvestors Acquisition Corp. I (Nasdaq: BCSA), a special purpose acquisition company, and Linqto, Inc., a Delaware corporation, today announced they have entered into a definitive business combination agreement, pursuant to which Linqto will become a wholly-owned subsidiary of BCSA. From and after the closing… Read More

April 10, 2024 @ 11:30 am By Rushd Averroes  |  

The world of finance is at a crossroads. With its legacy systems and ingrained practices, the traditional financial system (TradFi) struggles to keep pace with the rapid innovations of decentralised finance. At the same time, decentralised finance (DeFi), while promising increased accessibility and transparency, often… Read More

April 10, 2024 @ 10:47 am By Omar Faridi  |  

Monad Labs says that it is accelerating the Ethereum Virtual Machine or EVM so that decentralized apps can “eat the world.” The EVM is the standard of web3; over 96% of all capital in DeFi is in EVM apps. In spite of this, EVM-compatible blockchains… Read More

April 10, 2024 @ 9:07 am By Omar Faridi  |  

Uphold, the global web3 financial platform, announces bitcoin as the next asset that can be deposited into Vault – an assisted self-custody wallet that strips away the complexities in securing digital assets. Originally, Vault supported XRP, but this addition “transitions Vault into the early stages… Read More

April 10, 2024 @ 8:44 am By JD Alois  |  

Yesterday, Deputy Secretary of the Treasury Wally Adeyemo testified before the Senate Banking Committee. In prepared testimony, Adeyemo called out digital assets—or crypto—and stated that bad actors are using these assets for nefarious activities. Adeymo said: “As we take steps to cut terrorist groups and… Read More

April 9, 2024 @ 11:25 pm By Omar Faridi  |  

Bitcoin experienced a solid rally of 67.0% during the quarter, marking as one of its most impressive first quarters to date, the team at NYDIG noted in a new report. This surge was primarily fueled by “the overwhelming demand for the recently introduced spot bitcoin… Read More

April 9, 2024 @ 10:22 pm By Omar Faridi  |  

Crypto.com, which claims to be “trusted” by more than 80 million customers worldwide and the industry leader in regulatory compliance, security and privacy, announced that its Dubai entity, CRO DAX Middle East FZE, has “received full operational approval from Dubai’s Virtual Assets Regulatory Authority (VARA)… Read More

April 9, 2024 @ 3:06 pm By Omar Faridi  |  

Talos, a provider of institutional trading technology for digital assets, announced its integration with Coinbase Derivatives, LLC, a futures exchange registered with the Commodity Futures Trading Commission (CFTC), “expanding the avenues available for a growing number of institutional investors seeking to gain exposure to digital… Read More

April 9, 2024 @ 2:20 pm By JD Alois  |  

Luxembourg-based Tokeny is expanding into Australia through a partnership with the SILC Group to tokenize real-world assets (RWA). The SLC Group is an alternative asset solutions provider that reports over $2 billion in assets under supervision. Tokeny will provide the tech stack to “upgrade alternative… Read More

April 9, 2024 @ 11:14 am By Omar Faridi  |  

Circle, a global digital financial technology firm and the issuer of USDC and EURC, and HEC Paris, one of the world’s business schools, are pleased to announce the launch of ‘HEC Paris Center on the Future of Money and Digital Assets,’ to catalyze collaboration and… Read More

April 9, 2024 @ 9:36 am By Omar Faridi  |  

According to statistics from the SlowMist Hacked Archive, in March 2024, there were 33 security incidents within the Web3 ecosystem, resulting in total losses of approximately $139 million. The causes of these incidents spanned “a range of vulnerabilities, including smart contract flaws, insider malfeasance, flash… Read More

April 9, 2024 @ 9:10 am By Omar Faridi  |  

After 29 years, including more than three as Chief of the IRS-CI, Jim Lee says his last day of government service was March 31. Former IRS-CI Chief Jim Lee notes in a blog post that he’s pleased to share that he has joined Chainalysis where… Read More

April 9, 2024 @ 6:22 am By JD Alois  |  

Advocacy group CryptoUK has added a new member – Mercuryo, a payments provider. Mercury enables payments by supporting businesses with both fiat and crypto solutions via a single API integration. Mercuryo has partnered with digital asset firms like Ledger, MetaMask and Trust Wallet. CryptoUK says Mercuryo… Read More

April 8, 2024 @ 9:33 pm By Omar Faridi  |  

Paymentology, a global issuer-processor, announces its partnership with Rain, a corporate spend management platform that specializes in catering to international companies and companies in the digital asset and Web3 space. The collaboration is a first for the fintech industry “with the launch of a new… Read More

April 8, 2024 @ 7:45 pm By JD Alois  |  

A young real estate tokenization platform is raising money on Republic. According to the offering page, Reental is seeking $1.24 million in a Reg CF offering. The security is a “Crowd SAFE” with a 20% discount to a future event. The valuation cap has been… Read More

April 8, 2024 @ 11:11 am By Omar Faridi  |  

Bitget, the crypto exchange and web3 company, has partnered with Cactus Custody, a subsidiary of Matrixport, to offer Oasis fund custody services and off-exchange settlement services. The collaboration minimizes counterparty risks associated “with exchange trading and provides an effective tool for capital efficiency management, better… Read More

April 8, 2024 @ 9:01 am By Omar Faridi  |  

Obligate announces a new digital bond issuance by Mikro Kapital, one of the  international groups of companies engaged in supporting small and medium-sized enterprises (SMEs) in emerging markets. This move marks the first deployment on Base, an Ethereum L2 incubated by Coinbase, for Obligate. Mikro… Read More

April 8, 2024 @ 8:09 am By Omar Faridi  |  

Ripple CEO Brad Garlinghouse recently stated that he thinks the combined value of the crypto-assets market may double this year. As reported by CNBC, the Ripple Chief Executive has cited the approval of the US spot bitcoin (BTC) exchange-traded fund (ETFs) as well as the… Read More

April 7, 2024 @ 8:08 pm By Omar Faridi  |  

In the latest Coin Metrics State of the Network, the researchers take a data-driven look at the most important events that impacted the digital assets industry in Q1 2024. The demand and strength of inflows into bitcoin exchange-traded products “have been unprecedented, catching many by… Read More

April 7, 2024 @ 9:21 am By Omar Faridi  |  

Ripple, the provider of enterprise blockchain and crypto solutions, announced its plans to launch a stablecoin, pegged 1:1 to the US dollar (USD). Ripple’s stablecoin will reportedly “be 100% backed by US dollar deposits, short-term US government treasuries, and other cash equivalents.” These reserve assets… Read More