Blockchain & Digital Assets

October 2, 2023 @ 7:23 pm By Omar Faridi  |  

Digital asset firm Gemini is pleased to unveil the new Gemini Institutional website, showcasing the breadth of crypto-native solutions available to Gemini’s institutional customers. Gemini‘s commitment to being “a secure and regulated onramp to crypto for institutions goes beyond just providing a best-in-class crypto trading… Read More

October 2, 2023 @ 7:18 pm By Omar Faridi  |  

Dubai International Financial Centre (DIFC), the global financial center in the MENA and Southeast Asia region, has proposed to enact a Digital Assets Law, a Law of Security and related amendments to select existing legislation “to cater to the requirements of the DIFC’s proposed digital… Read More

October 2, 2023 @ 11:33 am By Omar Faridi  |  

The DFINITY Foundation, a “not-for-profit” research and development organization and major contributor to the Internet Computer Protocol (ICP) blockchain, announced the launch of the ICP Asia Alliance and a $20 million grant fund “to support the growth and development of Asia-based initiatives in the field… Read More

October 2, 2023 @ 10:40 am By Omar Faridi  |  

The Bitcoin (BTC) price is finally surging and the digital assets markets looks like its beginning to heat up again. Matteo Greco, Research Analyst at the publicly listed digital asset and fintech investment business Fineqia International, has shared key insights with CI regarding the latest… Read More

October 2, 2023 @ 10:11 am By Omar Faridi  |  

At the end of last week we saw a number of updates regarding the push for ETFs, with VanEck readying an Ethereum futures ETF, Ark pushing to win the race for the first spot Bitcoin ETF and the US Securities and Exchange Commission (SEC) delaying… Read More

October 2, 2023 @ 8:48 am By Omar Faridi  |  

Enterprise blockchain firm Ripple‘s co-founder Chris Larsen recently commented on how the UK has become a major Fintech hub. The UK is also adopting a progressive approach to regulating crypto-assets, according to Ripple co-founder Chris Larsen (although certain significant challenges still remain). The UK has,… Read More

October 2, 2023 @ 8:41 am By Omar Faridi  |  

Coinbase Singapore has obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore. This development, coming after Coinbase’s (NASDAQ:COIN) initial In Principle Approval, amplifies their commitment to the Singapore market, enabling them “to expand their provision of Digital Payment Token services to… Read More

October 1, 2023 @ 9:51 pm By Omar Faridi  |  

Organizations in the United Kingdom reportedly suffered a record number of ransomware attacks last year, according to analysis of a dataset published by the Information Commissioner’s Office (ICO). In its data security incident trends – which “are reported to the data protection regulator – the… Read More

October 1, 2023 @ 5:47 pm By Omar Faridi  |  

Akash Mahendra, Director of Haven1 Foundation, has commented on what the green light for Ethereum (ETH) futures from Valkyrie Funds means for the nascent crypto and blockchain industry. Akash notes that while it’s a cause for celebration, it’s “a different picture for those still waiting… Read More

October 1, 2023 @ 5:26 pm By Omar Faridi  |  

According to research by London-based Nickel Digital Asset Management, Europe’s regulated digital assets hedge fund manager founded by alumni of Bankers Trust, Goldman Sachs and JPMorgan, institutional investors “are confident Bitcoin and Ethereum will sustain their strong performance for the rest of this year.” The… Read More

October 1, 2023 @ 5:13 pm By Omar Faridi  |  

Over 200,000 consumers have reportedly verified their World ID in Chile as demand for the privacy-preserving digital identity protocol continues to grow following the Worldcoin project launch in July. In a country with approximately 19.5M residents, that’s “over 1% of the population.” In order to… Read More

October 1, 2023 @ 5:00 pm By Omar Faridi  |  

In the DeFi realm, while innovation and opportunity are definitely arising, significant potential risks prevail, according to an update from SlowMist. SlowMist explains that addressing these challenges demands “an active and evolving security approach, parallel in its dynamism and comprehensiveness to the ecosystem it aspires… Read More

September 30, 2023 @ 4:17 pm By Omar Faridi  |  

Circle Research has been launched with a charter “to accelerate and amplify technical innovation within crypto, blockchain, and Web3 through open-source research.” Circle Research’s inaugural open-source contribution, Perimeter Protocol, “offers a new standard for building on-chain credit markets.” Open Source R&D At Circle, they claim… Read More

September 30, 2023 @ 3:51 pm By Omar Faridi  |  

As Paysafe Payment Solutions Limited “unilaterally” decided to stop processing EUR deposits for Binance users, Paysafe users are now “advised to take appropriate actions in advance.” Paysafe users may “convert EUR balances in their Binance accounts to USDT before 2023-10-31 at 0:00 (UTC).” Meanwhile, users… Read More

September 30, 2023 @ 3:47 pm By Michael Wong  |  

Cyberstarts, an Israel-based venture capital firm that focuses on early-stage cybersecurity startups, has announced raising $480 million to make follow-on investments. In a statement, the firm said the Opportunity Fund will take advantage of follow-on opportunities from its portfolio companies that are raising Series A… Read More

September 30, 2023 @ 3:44 pm By Omar Faridi  |  

As of late, financial markets have been gripped with the reality that the US government may be headed toward a shutdown due to Congress’s “inability to pass the federal appropriations bill for the upcoming fiscal year, which begins on October 1st,” the team at NYDIG… Read More

September 30, 2023 @ 3:40 pm By Michael Wong  |  

The Bank for International Settlements (BIS) has successfully completed Project Mariana, a collaborative endeavor with the central banks of France, Singapore, and Switzerland, aiming to explore the potential of wholesale central bank digital currencies (wCBDCs) in cross-border trading and settlement between financial institutions. Developed jointly… Read More

September 30, 2023 @ 3:33 pm By Omar Faridi  |  

Parker Merritt and Kyle Waters from Coin Metrics have provided a close examination of the current Bitcoin mining landscape through the lens of their extensive data. Despite a flat BTC market in the back half of Q3 as spot ETF chatter quieted, hashrate continued “to… Read More

September 29, 2023 @ 5:06 pm By JD Alois  |  

Three Arrows Capital (3AC), a digital asset hedge fund, co-founder Su Zhu has been arrested at the Changi Airport in Singapore, according to multiple reports. 3AC was a catalyst in the crypto collapse of 2022. Things took a dramatic turn for the worse when TerraUSD/LUNA… Read More

September 29, 2023 @ 1:19 pm By JD Alois  |  

Islamic Coin, a Shariah-compliant crypto, is raising money on Republic. The Reg S offering, which is set to close next week, has raised over $1.7 million to date, backed by over 1600 investors. To quote the offering page: “Islamic Coin (ISLM) is the native currency… Read More