Blockchain & Digital Assets

April 3, 2024 @ 10:35 am By Omar Faridi  |  

The South American country of Argentina has announced key updates related to digital assets. Argentina’s National Securities Commission (CNV)  has implemented the Registry of Virtual Asset Service Providers (VASPs). The LatAm based nation has some of the highest levels of crypto adoption globally so this… Read More

April 3, 2024 @ 9:05 am By Omar Faridi  |  

On average, Bitcoin price returned 3,230% gains within one year after each halving, the team at CoinGecko noted in an extensive report. However, that is misleading moving forward, “considering Bitcoin’s novelty in its early years, lack of market maturity, and the case of diminishing returns.”… Read More

April 3, 2024 @ 8:55 am By Omar Faridi  |  

TaxBit, the digital asset tax and accounting solutions provider, announced its strategic expansion into Europe in response to rapidly increasing adoption across the European digital asset market. This move follows recent regulatory developments and the increased demand for TaxBit’s tax and accounting compliance solutions. TaxBit… Read More

April 2, 2024 @ 10:01 pm By Omar Faridi  |  

Digital asset exchange Fasset’s app is now officially available to users in the UAE. The app offers access to broker-dealer services for “both early investors and experienced real-world asset investors seeking to diversify their investment portfolio with digital assets.” Fasset’s platform allows secure and seamless… Read More

April 2, 2024 @ 4:31 pm By JD Alois  |  

Republic, an online investment platform, has announced its acquisition of GoldenChain, the digital asset subsidiary of GoldenTree Asset Management. The terms of the deal were not immediately available. GoldenTree, which manages over $53 billion in institutional funds,  is a global asset management firm that specializes… Read More

April 2, 2024 @ 4:13 pm By JD Alois  |  

Payments and transfers provider Paxful says they will now support Ethereum in more than 150 different countries. Paxful was founded in 2015 and reports more than12 million users globally. Paxful offers traders access foreign and digital currencies using more than 450 on-ramps. Roshan Dharia, Paxful… Read More

April 2, 2024 @ 11:54 am 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 it is launching the Crypto.com App in South Korea, which will allow Korean retail users in the market to trade… Read More

April 2, 2024 @ 9:46 am By Omar Faridi  |  

Open interest for Bitcoin futures, as indicated by recent activity on centralized crypto exchanges, has recorded a new high, a trend that points to a boost in overall trading volumes across the largest cryptocurrency in terms of market cap and global adoption. CoinGlass data reveals… Read More

April 2, 2024 @ 8:22 am By Omar Faridi  |  

Venture capitalists Marc Andreessen, Galaxy Digital, and Accolade Partners are the main backers of the crypto VC firm 1kx’s most recnet fund. 1kx is reporting $75 million in funds raised via the investment round with Chris Dixon, a partner at Andreessen Horowitz, named as one… Read More

April 2, 2024 @ 7:35 am By JD Alois  |  

Three big banks – Lloyds Banking Group, Nationwide, and Natwest, along with Rightmove, have invested in the Proptech firm Coadjute. Lloyds Banking Group led the funding round, investing £3 million of the £10 million total raise. This round brings the company’s total raised to £23… Read More

April 1, 2024 @ 7:16 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has posted that it has obtained a final judgment against defendants Ryan Felton, FLiK, and CoinSpark. The SEC had previously charged the defendants in 2020 for two initial coin offerings (ICOs) that were deemed to be fraudulent. Felton, FLiK,… Read More

April 1, 2024 @ 7:06 pm By JD Alois  |  

Tether, the largest issuer of stablecoins, has posted on its blog that it has passed a SOC 2 Type 1 audit. Tether CEO Paolo Ardoino said the compliance measure “assures our customers that their assets and data are managed in an environment meeting the highest… Read More

April 1, 2024 @ 6:50 pm By Omar Faridi  |  

The team at Figment is pleased to announce a continuation of our collaboration with Ledger, bringing Ethereum staking to the Ledger Live application. This collaboration gives ETH token holders “the ability to stake their Ethereum in increments of 32, directly through their Ledger devices.” The… Read More

April 1, 2024 @ 10:56 am By Tony Zerucha  |  

Laser Digital, Nomura’s digital asset subsidiary, is launching a new venture in collaboration with blockchain protocol TruFin, a WebN incubated company. This initiative leverages Polygon’s Aggregation Layer (AggLayer) to introduce the Laser Digital Polygon Adoption Fund. The Fund will expose investors to Polygon-MATIC, the native gas… Read More

April 1, 2024 @ 9:12 am By Tony Zerucha  |  

Blockchain Coinvestors, a blockchain venture fund-of-funds and coinvestment program, this week unveiled its bi-annual Institutional Digital Finance Adoption Report, which tracks digital finance adoption, by service offering, among the world’s 50 largest financial institutions ranked by assets under management (AUM). The company said, for the… Read More

April 1, 2024 @ 9:08 am By Omar Faridi  |  

According to a ruling by a judge this past Friday (March 29, 2024), the US Federal Reserve will not be required to provide Wyoming-based digital asset bank Custodia access to a master account. Federal Reserve Banks are able to determine if they should issue master… Read More

March 31, 2024 @ 10:12 am By Omar Faridi  |  

The Global State of Crypto report from Bakkt (NYSE: BKKT) provides a comprehensive analysis of markets and regulation. As stated in the Bakkt report, the spectacular collapse of FTX in November 2022 kicked-off a “tumultuous news cycle” for crypto. According to Bakkt’s report, the momentum… Read More

March 31, 2024 @ 10:09 am By Omar Faridi  |  

eToro, a trading and investing platform, announced recently that it has added 12 new altcoins to its platform. Omri Ross, Chief Blockchain Scientist at eToro, said: “We are excited to enable our customers to access these new assets, covering a large range of new ideas… Read More

March 30, 2024 @ 8:39 pm By Omar Faridi  |  

Caroline Pham from the Commodity Futures Trading Commission (CFTC) has been critical of the actions of her own regulatory agency, noting that the CFTC could be interfering on its partner agency in the recent charges it made against digital currency exchange KuCoin this past week…. Read More

March 30, 2024 @ 5:34 pm By Omar Faridi  |  

Digital money, when carefully managed, can potentially aid Pacific Island growth and equality, according to an update shared by the IMF. A cautious step-by-step approach would help the region “explore new technologies effectively to deliver economic and social gains while managing risks,” the International Monetary… Read More