Blockchain & Digital Assets

February 16, 2024 @ 11:44 am By JD Alois  |  

Shares in Coinbase (NASDAQ:COIN), the largest crypto exchange in the US, jumped considerably higher today following the release of its Q4 and full year 2023 results. The company beat analyst expectations delivering a profit – the first in several years. Currently, Coinbase shares are trading… Read More

February 16, 2024 @ 9:17 am By Omar Faridi  |  

Blueprint Finance emerges from stealth with $7.5M in funding. Blueprint’s flagship product is the Concrete Protocol, an appchain purpose built for on-chain debt and credit. Concrete powers higher yields, liquidation protection, and advanced predictions across all of DeFi, starting with money markets. The financing was… Read More

February 15, 2024 @ 3:11 pm By Omar Faridi  |  

Bitso—the crypto-powered financial services company in Latin America—announced that it has integrated a third Layer 2 solution that will facilitate fast and efficient transactions with Ethereum thanks to the incorporation of the Optimism network. Optimism is a Layer 2 or “Layer 2” blockchain that works… Read More

February 15, 2024 @ 10:45 am By JD Alois  |  

Money laundering facilitated by crypto and the platforms that enable digital asset transactions exp[experienced a notable decline in 203 when compared to the year prior. According to a report by Chainalysis, in 2023, $22.2 billion was laundered in contrast to $31.5 billion laundered in 2022…. Read More

February 15, 2024 @ 8:19 am By Omar Faridi  |  

IDnow, an identity verification platform provider in Europe, joins a consortium of five partners, including the IOTA Foundation and Walt.id, SPYCE.5, and Bloom Labs with the goal of making Crypto Asset Service Providers (CASPs) and self-hosted wallets compliant with the European Anti-Money-Laundering Regulation and the… Read More

February 15, 2024 @ 8:15 am By JD Alois  |  

Mondelēz International (Nasdaq: MDLZ) is the next corporate to join the Hedera Council. The company makes well-known brands like Toblerone, Oreo, Ritz, and more, generating more than $31 billion in revenue annually. The company has a market cap of almost $100 billion. Hedera is the… Read More

February 14, 2024 @ 11:38 pm By Omar Faridi  |  

Banxa Holdings Inc. is pleased to announce it is the first firm in 2024 to register as a cryptoasset business with United Kingdom’s Financial Conduct Authority (FCA). Management believes this is a critical milestone towards “fulfilling Banxa‘s mission to extend the benefits of crypto to… Read More

February 14, 2024 @ 5:59 pm By Omar Faridi  |  

Fordefi has revealed a $10 million seed extension round. Fordefi’s goal is to fuel web3 adoption as they launch their wallet-as-a-service (WaaS) that is said to enable exchanges, Fintechs, and Web3 businesses to offer users a user-owned wallet directly within their applications. Fordefi claims it… Read More

February 14, 2024 @ 10:26 am By Omar Faridi  |  

In 2023, the Bank of Russia reports that it had identified 5,735 different entities (companies, projects, individual entrepreneurs and others) with signs of illegal activity , including signs of financial pyramids. According to a report from the Bank of Russia, this is 15.5% more than… Read More

February 14, 2024 @ 8:34 am By Omar Faridi  |  

Ripple, the enabler of enterprise blockchain and crypto solutions, announced that it has agreed to acquire Standard Custody & Trust Company, an enterprise-grade regulated platform for digital assets. The terms of the transaction were not immediately available. This move further underscores Ripple’s commitment “to regulatory… Read More

February 13, 2024 @ 9:54 pm By Tony Zerucha  |  

KuCoin Labs, the investment and research arm of digital asset exchange KuCoin, has entered into a strategic partnership with Coinweb, a provider of Web3 technology. The companies said this collaboration signifies a commitment to mutual support and collaboration aimed at nurturing the expansion of the Web3 ecosystem…. Read More

February 13, 2024 @ 9:52 pm By Omar Faridi  |  

Luno, the cryptocurrency investment app, has announced that it introduced three new virtual currencies to invest in that are frequently used by decentralized finance (DeFi) traders and investors. Aave (AAVE) aims to connect lenders and borrowers in a direct manner, without requiring intermediaries or third-parties…. Read More

February 13, 2024 @ 5:23 pm By Omar Faridi  |  

COCA, the crypto wallet app, has announced the initial rollout of its Virtual Cards, following the success of its Early Access Program which has attracted “thousands” of users across Europe. This strategic decision highlights COCA’s dedication “to offering smooth, secure, and user-friendly financial services technology… Read More

February 13, 2024 @ 4:09 pm By JD Alois  |  

  The Cambridge Centre for Alternative Finance (CCAF)  has revealed the Cambridge Digital Money Dashboard (CDMD). The Centre is part of the Cambridge Judge Business School, University of Cambridge. CCAF is the leading independent research group covering the world of Fintech, including digital assets. The… Read More

February 13, 2024 @ 8:30 am By Omar Faridi  |  

Crypto Finance AG, part of Deutsche Börse Group, has reached another milestone in its history. The prudentially FINMA-supervised provider of institutional-grade investment solutions, custody, and trading “for digital assets has now also secured four licenses from the German Federal Financial Supervisory Authority, BaFin.” The licences… Read More

February 12, 2024 @ 6:08 pm By Omar Faridi  |  

India is reportedly moving forward with the next few stages of its planned digital rupee pilot. This would add programmability and offline payment capability, according to a recent update. Like most major economies across the globe, India has been testing a retail CBDC or central… Read More

February 12, 2024 @ 6:04 pm By Omar Faridi  |  

Hong Fan, OKX President, notes that she’s pleased to announce a major milestone in OKX’s global expansion – they have officially launched our leading crypto exchange and Web3 services in Argentina. Given Argentina’s position as one of the “top” crypto markets in Latin America with… Read More

February 12, 2024 @ 2:44 pm By JD Alois  |  

Bitcoin (BTC) traded above $50,000 today for the first time in a long time. Not since the end of 2021 has Bitcoin traded above this key mark – topping $64000 – its all time high. Bitcoin is the most popular crypto and the only one… Read More

February 12, 2024 @ 10:58 am By Omar Faridi  |  

New York Attorney General Letitia James recenty filed an amended complaint, expanding the Office of the Attorney General’s (OAG) lawsuit against Digital Currency Group, Inc., DCG’s CEO, Barry Silbert, and Genesis Global Capital, LLC and its affiliates’ (Genesis) former CEO, Soichiro Moro, for allegedly “defrauding… Read More

February 12, 2024 @ 10:00 am By Omar Faridi  |  

We recently caught up with Ram Ramachandran, the CEO at Router Protocol, which supports building an interoperable Web3 with modular cross-chain infrastructure. Ram Ramachandran commented on what can be done to help regain users’ privacy and security in Blockchain in 2024. Ramani Ramachandran, CEO of… Read More