Blockchain & Digital Assets

February 4, 2024 @ 1:15 pm By Omar Faridi  |  

The team at CoinGecko reveals in an extensive report that there are around $5.7B worth of assets in Ethereum ETFs, which is being led by Europe with an 81% share. XBT Ethereum Tracker One (COINETH) is reportedly “the global top Ethereum exchange-traded fund (ETF), with… Read More

February 3, 2024 @ 6:37 pm By Omar Faridi  |  

Digital asset platform CoinList recently announced that it has opened up applications for CoinList Seed Winter 2024. CoinList explains that this initiative is intended for development teams that are interested in  getting their crypto projects in front of 10 million crypto “early adopters.” For their… Read More

February 3, 2024 @ 9:30 am By Omar Faridi  |  

James Butterfill, Head Of Research at CoinShares, has shared the results of the latest digital asset fund manager survey. As noted in the update, 75% of all respondents believe Bitcoin and Ethereum have “the most compelling growth outlook.” As mentioned in the report, digital assets… Read More

February 2, 2024 @ 5:42 pm By Omar Faridi  |  

The new SIX Reference Rate Crypto Indices and SIX Real-Time Crypto Indices cover the major crypto assets Bitcoin (BTC) and Ethereum (ETH), giving a comprehensive snapshot of the market and its performance. Built on a transparent rules-based methodology, the indices aim to “foster clarity and… Read More

February 2, 2024 @ 5:33 pm By JD Alois  |  

The Securities and Exchange Commission has filed fraud charges against American Bitcoin Academy operated by Rockwell Capital Management and founder Brian Sewel. The company and Sewel have agreed to settle the charges without admitting or denying the allegations. Rockwell Capital Management has also agreed to… Read More

February 2, 2024 @ 2:46 pm By Omar Faridi  |  

Wirex, a Web3 money app, is pleased to introduce early access to WPay, which is describe as a decentralized payment network, utilizing the capabilities of the Wirex platform. WPay reportedly solves problems “related to intermediaries, custody risks, and slow, expensive settlements.” With WPay, users can… Read More

February 2, 2024 @ 2:43 pm By Omar Faridi  |  

Marathon Digital Holdings, Inc. (NASDAQ:MARA) , a key industry participant focused on supporting and securing the Bitcoin ecosystem, has entered into an agreement with affiliates of Hut8 Mining Corp. in order to remove Hut8 as the operator of two Bitcoin mining sites recently acquired by… Read More

February 2, 2024 @ 2:29 pm By Omar Faridi  |  

Cryptocurrency exchange Binance has reportedly frozen $4.2 million in XRP tokens that are said to be tied or linked to this past week’s $120 million exploit. This, according to an update shared via social media by Binance CEO Richard Teng. Teng noted via X that… Read More

February 2, 2024 @ 1:41 pm By JD Alois  |  

In an X, Congressman Mike Flood revealed a Joint Resolution to revoke the authority of the Securities and Exchange Commission’s (SEC) Staff Accounting Bulletin 121. This SAB was enacted in 2022 and impacted the digital asset industry. The SAB addressed the “accounting for obligations to… Read More

February 2, 2024 @ 7:45 am By Omar Faridi  |  

The US Department of Justice (DOJ) has reportedly unsealed indictments that have been made against three people for allegedly stealing more than $400 million from the bankrupt crypto exchange FTX. These three individuals had allegedly carried out a sophisticated SIM-swapping technique in order to gain… Read More

February 1, 2024 @ 9:22 pm By Omar Faridi  |  

Kvarn Capital, a digital asset firm licensed under the Finnish Financial Supervisory Authority (FIN-FSA), has chosen Talos as its technology provider to empower Kvarn X, its brokerage platform, to “provide advanced brokerage services to its individual and institutional clients.” This integration includes access to Talos’s… Read More

February 1, 2024 @ 7:57 pm By Omar Faridi  |  

Taurus SA announces it has joined the ERC3643 Association. This move is said to establish Taurus “as one of the first digital asset custody and tokenization infrastructure providers to join the association, marking a significant step in the advancement of smart contract standardization, and reinforcing… Read More

February 1, 2024 @ 12:49 pm By Omar Faridi  |  

Tether Holdings Limited (BVI) released its assurance opinion for the fourth quarter of 2023, conducted by BDO, an independent auditing firm. This attestation reportedly reaffirms “the accuracy of Tether’s Consolidated Reserves Report (CRR) and provides a detailed breakdown of the assets held by the Group… Read More

February 1, 2024 @ 10:36 am By JD Alois  |  

Coinshares says it now offers an exchange-traded product (ETP) that offers 1.25% staking rewards for Ethereum (Nasdaq Stockholm: CS; US OTCQX: CNSRF). The ETP does not hold a fee. The ETP trades on Nasdaq Stockholm and OTC Markets. Frank Spiteri, Head of Asset Management at… Read More

February 1, 2024 @ 8:15 am By Omar Faridi  |  

Celsius Network LLC announced that it has emerged from bankruptcy by completing the transactions under its confirmed plan of reorganization. The plan was reportedly “approved by approximately 98% of the company’s account holders and confirmed by the Bankruptcy Court for the Southern District of New… Read More

February 1, 2024 @ 8:06 am By Omar Faridi  |  

A former UK finance minister on Wednesday (January 31, 2024) has reportedly joined crypto exchange Coinbase (NASDAQ:COIN) to serve as the firm’s global advisor. As reported by CNBC, this latest appointment made by Coinbase is expected to strengthen the digital asset firm’s regulatory position at… Read More

January 31, 2024 @ 10:39 pm By Omar Faridi  |  

Binance Labs, the venture capital and incubation arm of Binance, has invested in Puffer, a decentralized and permissionless native liquid restaking protocol (nLRP) that combines Ethereum liquid staking with native restaking on EigenLayer. The invested funds will be used “to develop Puffer’s open-source technologies, its… Read More

January 31, 2024 @ 10:34 pm By Omar Faridi  |  

Transak, the payments infrastructure provider for crypto and NFTs, has announced a collaboration with Visa, an enabler of digital payments, in order to implement Visa Direct capabilities and help enhance its global off-ramp service. This collaboration marks a significant milestone by “enabling users in over… Read More

January 31, 2024 @ 6:35 pm By Omar Faridi  |  

Kaiko, a cryptocurrency market data provider, announced its integration with Bullish, one of the fastest-growing, regulated digital assets exchanges, to enhance market data services with the inclusion of Bullish’s exchange metrics to Kaiko’s data feed. This integration offers a broader range of trade and real-time… Read More

January 31, 2024 @ 11:19 am By JD Alois  |  

The European Securities and Markets Authority (ESMA) posted two consultations on crypto this week—one consultation on reverse solicitation and another on the classification of crypto-assets as financial instruments. The European Union (EU) has approved bespoke rules for crypto under MiCA or Markets in Crypto Assets regulation…. Read More