Blockchain & Digital Assets

September 26, 2023 @ 2:59 pm By Omar Faridi  |  

Consensys announced a partnership with Protocol Labs aimed to support leading blockchain ventures and startups through Consensys Scale (formerly Consensys Startup Program). Builders in the Scale program now have access to Protocol Labs’ experience in “supporting hundreds of founders in their entrepreneurial journey.” Protocol Labs… Read More

September 26, 2023 @ 11:12 am By Omar Faridi  |  

Gemini says that it continues to be focused on crypto innovation by allowing users to add passkeys “for two-factor authentication to their accounts.” As explained in a blog post by Gemini, passkeys provide two major advantages “over other account authentication methods: increased security and ease… Read More

September 26, 2023 @ 10:29 am By Omar Faridi  |  

Coincover, the blockchain protection company, announces the appointment of its new Chief Commercial Officer, Ridhima Durham, who joins at a critical time following its recent successful funding round in January and rebrand in July. Ridhima joins Coincover from Salary Finance where she “spent four years… Read More

September 26, 2023 @ 8:52 am By Omar Faridi  |  

Nearly nine in ten Americans believe it is time to update the financial system, but progress is being slowed “by resistance of those in power who embrace the status quo: outdated systems that limit economic freedom and opportunity for everyday Americans,” according to an updatre… Read More

September 26, 2023 @ 8:36 am By Omar Faridi  |  

Galaxy Digital Holdings Ltd (TSX: GLXY), a financial services and investment management innovator in the digital asset and blockchain technology sectors, announced that Leon Marshall has been named Chief Executive Officer of Europe. In this newly formed role, Mr. Marshall will be “responsible for overseeing… Read More

September 25, 2023 @ 11:50 pm By Michael Wong  |  

Hong Kong-based crypto firm Mixin announced that hackers have managed to steal around $200 million from its database. In a post on social media platform X, the company, which describes itself as a network for transferring digital assets, said the database of Mixin Network’s cloud… Read More

September 25, 2023 @ 9:54 pm By Omar Faridi  |  

Blockdaemon has added WalletConnect support for Solana, a blockchain known for its speed and cost-effectiveness. WalletConnect is described as being “a secure protocol that simplifies blockchain interactions by eliminating the need for private keys or passwords, enhancing both security and user experience.” Users are now… Read More

September 25, 2023 @ 3:23 pm By Omar Faridi  |  

CarbonEnfo, a wholly owned subsidiary of Atlanta-based Empower Energy Technology, will leverage Energy Web’s ecosystem and Web 3 infrastructure solutions in order “to develop and launch a range of blockchain-enabled energy data services.” CarbonEnfo, a division of Empower Energy Technology, a key player focused on… Read More

September 25, 2023 @ 8:57 am By Omar Faridi  |  

MakerDAO co-founder Rune Christensen has submitted a proposal to build the project’s upcoming native chain using Solana’s codebase, which led to Vitalik Buterin selling $580,000 worth of MakerDAO’s MKR token in rebellion. The move may be an indication that ecosystem participants want to explore different… Read More

September 24, 2023 @ 9:38 pm By Omar Faridi  |  

Coinbase (NASDAQ:COIN) has registered as a cryptocurrency exchange and custodian wallet provider with the Bank of Spain. This registration will allow Coinbase to offer their full suite of products and services “to retail and institutional users in Spain, all in compliance with the national legal… Read More

September 24, 2023 @ 3:51 pm By Michael Wong  |  

In what is being touted as Singapore‘s most significant money laundering operation, authorities reported a staggering increase in the total value of assets confiscated, now amounting to S$2.4 billion ($1.76 billion), according to a police announcement. The huge inventory of seized assets now encompasses over… Read More

September 24, 2023 @ 2:58 pm By Michael Wong  |  

Deepcoin Labs, a venture capital firm with a specialization in blockchain, cryptocurrencies, and digital assets, has been granted the “Proprietary Trading in Crypto-commodities” registration by the Dubai Multi Commodities Center (DMCC). This recognition coincides with the unveiling of a $10 million fund, explicitly earmarked to… Read More

September 23, 2023 @ 5:59 pm By Tony Zerucha  |  

CoinScan, a crypto analytics platform built to give traders an edge in the market with free in-depth charting and safety features, this week emerged from stealth with $6.3 million in funding to fuel product development and expansion. CoinScan is the first product from CryptoHub, a Web3 company focused on… Read More

September 23, 2023 @ 10:42 am By Omar Faridi  |  

Roger M. Brown,  the Global Head of Tax Strategy at Chainalysis, notes that on August 25, 2023, the U.S. Internal Revenue Service released proposed regulations that would require domestic and foreign exchanges and other types of “brokers” who “effect sales” of digital assets to (1) collect… Read More

September 22, 2023 @ 12:40 pm By Omar Faridi  |  

Chainlink, the industry-standard Web3 services platform, and Arbitrum, the most widely used layer 2 scaling solution suite for Ethereum dApp development, have announced today the mainnet launch of the Chainlink Cross-Chain Interoperability Protocol (CCIP) on Arbitrum One. CCIP provides Web3 developers “with a secure, easy-to-use… Read More

September 22, 2023 @ 9:21 am By Omar Faridi  |  

CoinShares (Nasdaq Stockholm: CS) announced the CoinShares Hedge Fund Solutions division, as part of their mission to continue bridging the gap “between traditional institutional investors and the dynamic world of digital assets.” For the first time, CoinShares will be making its offerings “accessible to qualified… Read More

September 22, 2023 @ 9:06 am By Omar Faridi  |  

Robinhood (NASDAQ:HOOD) announced the results of a study—”verified” by Radius Insights—showing that Robinhood reportedly offers the “lowest cost” to trade crypto on average. The analysis compares prices quoted from various platforms and exchanges, “including Cash App, Coinbase Advanced, Coinbase, Crypto.com, and Kraken, concluding that customers… Read More

September 22, 2023 @ 8:46 am By JD Alois  |  

The Australian Securities and Investments Commission (ASIC) has sued Bit Trade Pty, a partner of Kraken that services clients in Australia. According to a statement issued by the regulator, Bit Trade has “failed to comply with the design and distribution obligations for the margin trading… Read More

September 22, 2023 @ 8:25 am By Omar Faridi  |  

Custodia is pleased to announce that Lisa Hough has joined the bank as Vice President of Strategic Relationships, responsible for helping customers in the U.S. Bitcoin and energy industries “meet their banking and bitcoin custody needs.” Lisa transitioned to the Bitcoin sector in 2019 “after… Read More

September 22, 2023 @ 6:20 am By Omar Faridi  |  

Tether, the company behind the leading stablecoin USDT, is pleased to announce its strategic investment into Northern Data Group through Damoon, a Tether group company. With an $83 billion market capitalization, Tether is expanding its reach “beyond fintech, following recent investments in energy production, bitcoin… Read More