Blockchain & Digital Assets

January 14, 2024 @ 4:09 pm By Omar Faridi  |  

BIGG Digital Assets Inc. (CSE: BIGG), an innovator in the digital assets space and owner of TerraZero, Netcoins, and Blockchain Intelligence Group is pleased to announce select unaudited financial results for Netcoins’ Q4 2023 and the launch of its Crypto Trading API. Assets under Management… Read More

January 14, 2024 @ 4:06 pm By Omar Faridi  |  

CoinShares International Limited (Nasdaq Stockholm: CS; US OTCQX: CNSRF) announced it has exercised the option to acquire Valkyrie Funds LLC, the U.S. digital asset manager’s investment advisory business specializing “in actively managed cryptocurrency exchange-traded funds, from Valkyrie Investments Inc.” CoinShares‘ decision to exercise this option… Read More

January 14, 2024 @ 3:58 pm By Omar Faridi  |  

Trading and investing platform, eToro, announced the addition of spot bitcoin ETFs to the platform, following the Security and Exchange Commission’s (SEC) approval of the products. US users can buy iShares Bitcoin Trust (IBIT) and ARK 21Shares Bitcoin ETF (ARKB) on eToro for whole share… Read More

January 14, 2024 @ 3:55 pm By Omar Faridi  |  

Bitpanda has commented on why they think spot Bitcoin ETFs are a “game-changer” for the crypto market. Bitpanda notes in a blog post the crypto world has “reached an important milestone as major financial institutions receive approval from the U.S. Securities and Exchange Commission (SEC)… Read More

January 14, 2024 @ 4:11 am By Omar Faridi  |  

Valmar Capital,  a digital assets multi-manager multi-strategy platform that brings together a broad array of crypto-strategies and emerging talent, has taken a look ahead to comment on key anticipated developments to watch in 2024. Valmar Capital, which says its approach is backed by institutional-grade infrastructure,… Read More

January 13, 2024 @ 4:06 pm By Omar Faridi  |  

Injective, a blockchain for Web3 finance applications, announced its Volan chain upgrade, marking its “largest” mainnet upgrade to date. Injective has introduced a Real World Asset (RWA) Module, offering a new approach “to creating and managing permissioned assets with extensive customization options.” This module enables… Read More

January 13, 2024 @ 4:05 pm By Omar Faridi  |  

Spectrum Markets, the pan-European trading venue for securities saw a surge in overnight activity on products “linked to bitcoin, in the hours following the SEC’s announcement approving the first spot bitcoin ETF.” The volume of bitcoin-linked instruments “traded on Spectrum Wednesday was five times higher… Read More

January 13, 2024 @ 11:34 am By JD Alois  |  

The Securities and Exchange Commission (SEC) experienced an embarrassing breach of security when its X (formerly Twitter) account was hacked. The perpetrators took the opportunity to announce the approval of Bitcoin ETFs one day before the SEC intended to announce it publicly. In the following… Read More

January 13, 2024 @ 11:24 am By Omar Faridi  |  

New York State Department of Financial Services (DFS) Superintendent Adrienne A. Harris has announced that Genesis Global Trading, Inc. will “pay an $8 million penalty to New York State for compliance failures that violated DFS’s virtual currency and cybersecurity regulations and left the company vulnerable… Read More

January 13, 2024 @ 10:43 am By Omar Faridi  |  

Open Campus announced that Open Campus ID, its decentralized identifier (DID), will launch on 23 January to “connect potentially millions of learners from Open Campus’ network of partners to Web3 education through the Open Campus Alliance.” The Open Campus Alliance is described as “an ecosystem… Read More

January 12, 2024 @ 9:36 am By Omar Faridi  |  

Fenergo, the provider of digital solutions for client lifecycle management (CLM), know your customer (KYC) and transaction monitoring, released its annual findings on global financial institution enforcement actions, which reveal that “the value of penalties imposed on firms surged 57% in 2023.” Penalties for failing… Read More

January 12, 2024 @ 9:00 am By JD Alois  |  

The Biden Administration has not been known for embracing Fintech innovation and, in the past couple of years, has become more hostile towards digital assets in general. One aspect the Biden Administration is pursuing that may undermine crypto is the digital asset mining energy excise… Read More

January 12, 2024 @ 8:59 am By JD Alois  |  

Vanguard, a financial services firm with over 50 million investors, is blocking its customers from purchasing newly listed Bitcoin ETFs. The news was circulating on X yesterday, with Vanguard responding to questions about accessing Bitcoin EFTs as follows: “Thank you for your question! While we… Read More

January 12, 2024 @ 8:37 am By Omar Faridi  |  

Galaxy Asset Management, which claims to be one of the largest digital assets and blockchain investment managers, in partnership with Invesco Ltd. (NYSE: IVZ), a global provider of exchange-traded funds (ETFs), announced the launch of the Invesco Galaxy Bitcoin ETF (BTCO). BTCO invests directly in… Read More

January 12, 2024 @ 2:45 am By Omar Faridi  |  

Zebec, a Fintech startup, announces the launch of its Web3 payment and real-time payroll services in Japan. This move marks Zebec’s continued global expansion and “underscores its commitment to fostering collaborative financial innovation worldwide.” Japan, known for pioneering a regulatory framework “for digital finance, offers… Read More

January 12, 2024 @ 12:24 am By Omar Faridi  |  

DeFi Technologies Inc., a crypto native technology company that pioneers the convergence of traditional capital markets with the world of decentralized finance (DeFi), is pleased to announce the signing of a binding letter of intent to acquire Reflexivity Research LLC, a private research firm that… Read More

January 11, 2024 @ 6:36 pm By JD Alois  |  

Senator Elizabeth Warren has taken to X to express her displeasure with the Securities and Exchange Commission’s decision to approve eleven Bitcoin exchange-traded funds (ETFs). These funds started trading today after being approved yesterday, experiencing solid trading demand. Warren, a policymaker who is no fan… Read More

January 11, 2024 @ 11:45 am By Omar Faridi  |  

As expected by most industry analysts and also after an embarrassing false start (following the official SEC X account being “compromised”) the US Securities and Exchange Commission (SEC) has finally approved 11 spot bitcoin ETF applications – which were submitted by traditional financial and crypto-focused… Read More

January 11, 2024 @ 11:10 am By Omar Faridi  |  

Bankrupt crypto lending platform Celsius recently filed its intent to claw back a number of pre-bankruptcy withdrawal requests. The struggling cryptocurrency lender formally submitted an intent to claw back certain funds from clients that withdrew $100,000 or more during the 3 months prior to Celsius… Read More

January 11, 2024 @ 11:07 am By JD Alois  |  

Bitcoin is currently trading at over $47,000 after nearing $49,000 – responding to the bevy of Bitcoin ETFs that have commenced trading today. Yesterday, the Securities and Exchange Commission approved the listing of eleven exchange-traded funds that represent spot Bitcoin prices. Clear Junction Head of… Read More