Blockchain & Digital Assets

January 8, 2024 @ 9:40 am By Omar Faridi  |  

Elliptic, a blockchain analytics and data intelligence company, is expanding its public sector practice to meet the increasing demand “for its crypto identity data from U.S. national security and law enforcement agencies.’ Elliptic has welcomed Tom McDivitt as Chief Revenue Officer and Matthew Price as… Read More

January 8, 2024 @ 9:13 am By JD Alois  |  

Some of the sponsors of potential Bitcoin ETFs are updating fees to make their products more appealing to potential investors. Highlighted in a series of X’s by Bloomberg, amended S-1s were hitting the Securities and Exchange Commission’s Edgar filing system this morning. Franklin Bitcoin ETF… Read More

January 8, 2024 @ 7:34 am By Omar Faridi  |  

Bracket Labs completed a $2 million pre-seed fundraise round to support the launch of “Passage,” a volatility trading product available on the project’s BracketX trading platform. The debut of the range-bound product “makes trading long and short volatility entirely on-chain easy for traders of all… Read More

January 7, 2024 @ 6:19 pm By Omar Faridi  |  

Coinbase (NASDAQ:COIN) claims that it’s on a mission to increase economic freedom for more than 1 billion people. In support of this mission, Coinbase says that it’s focused on “building the most trusted, compliant products and services and expanding their use around the world.” Coinbase‘s… Read More

January 7, 2024 @ 6:16 pm By Michael Wong  |  

CharacterX, a decentralized AI social network, announced raising of $2.8 million in its Seed funding round, co-led by Lightspeed Venture Partners, INCE Capital, and Spark Digital Capital, valuing the company at $30 million. This significant investment, including contributions from major investors such as CGV, ZC… Read More

January 7, 2024 @ 5:30 pm By Omar Faridi  |  

The team at Coincover thinks the crypto industry could be on an upward trajectory heading into 2024 with the anticipation of approval for a Bitcoin ETF and “a remarkable 51% decline in hacks in 2023.” Coincover‘s Head of Legal, Yoann Leokowitz, has recently shared his… Read More

January 7, 2024 @ 4:54 pm By Omar Faridi  |  

Kyle Waters and Tanay Ved from Coin Metrics noted that digital assets rebounded sharply in 2023 as market conditions “improved across the board and institutional interest accelerated alongside the impending launch of a spot Bitcoin ETF.” Looking to 2024, there are a number of important… Read More

January 7, 2024 @ 4:47 pm By Omar Faridi  |  

Bitdeer Technologies Group (NASDAQ: BTDR), a technology company for blockchain and high-performance computing, recently announced its unaudited mining and operations updates for December 2023. Linghui Kong, Chief Executive Officer of Bitdeer, commented: “In December, we continued to generate positive results in our core business and… Read More

January 6, 2024 @ 4:40 pm By Omar Faridi  |  

Dave Inc. (Nasdaq: DAVE), which claims to be one of the nation’s leading neobanks, recently announced it has reached an agreement with FTX Ventures Ltd. in order “to purchase a convertible promissory note that it previously issued to FTX in the original principal amount of… Read More

January 6, 2024 @ 8:11 am By Omar Faridi  |  

MultiBit, a dual sided bridge between EVM and bitcoin, has introduced Alchemy Pay’s On-Ramp solution on its website. This integration reportedly enhances user convenience, “enabling them to utilize their chosen fiat payment methods effortlessly to acquire $MUBI token on MultiBit’s platform. Furthermore, the $MUBI token… Read More

January 6, 2024 @ 8:10 am By Michael Wong  |  

KuCoin Labs, the incubator and investment arm of the KuCoin ecosystem, has announced its investment in DeMR, a decentralized Mixed Reality (MR) infrastructure built on the Solana Chain. This development marks the beginning of a comprehensive collaboration focusing on community operations and subsequent product development,… Read More

January 5, 2024 @ 12:29 pm By JD Alois  |  

On Monday, January 8, 2024, the Commodity Futures Trading Commission’s Technology Advisory Committee (TAC) will hold a meeting to discuss several topics of note. According to the Agenda, the CFTC TAC will cover the use of Artificial Intelligence [AI], blockchain in regard to DeFi, and… Read More

January 5, 2024 @ 12:19 pm By Omar Faridi  |  

The most notable crypto narratives in 2023 were focused on initiatives around artificial intelligence (AI), GameFi, and meme coins, which captured “one-third of investor interest,” according to an update shared by CoinGecko. CoinGecko noted in its report that the Solana ecosystem, BRC-20 tokens, and real-world… Read More

January 5, 2024 @ 9:37 am By Omar Faridi  |  

Digital securities are broadly acknowledged as the future of all securities. Yet, progress has been slow for regulators around the world to craft the needed rules to enable digital to replace existing analog securities. The advent of distributed ledger technology (DLT), or blockchains, is expected… Read More

January 5, 2024 @ 9:30 am By Omar Faridi  |  

Receipts Depositary Corporation (RDC) announced the launch of the first ever Bitcoin depositary receipt (BTC DR). RDC expects to issue the first BTC DRs in transactions exempt “from registration under the Securities Act of 1933 to Qualified Institutional Buyers (QIBs) in the coming weeks. BTC… Read More

January 5, 2024 @ 8:47 am By Omar Faridi  |  

OKX Ventures, the investment arm of OKX, released a detailed report on the current state and future prospects of the stablecoin market. The report provides an in-depth analysis of the stablecoin sector’s growth patterns, innovations, and future directions. Key highlights from the report include: Market… Read More

January 5, 2024 @ 8:44 am By Omar Faridi  |  

Visa (NYSE: V), a digital payments firm, announced the launch of the Visa Web3 Loyalty Engagement Solution. The new value-added service reportedly aims to usher in “the future of customer engagement and loyalty, helping brands meet next-generation customers where they increasingly are – in digital… Read More

January 4, 2024 @ 11:11 pm By Omar Faridi  |  

BitGo will serve as the official custody provider for the Hashdex Bitcoin ETF pending approval. ETF applications require regulated custodians. BitGo’s support underscores “a shared commitment by both companies to a more robust and secure market infrastructure. If approved, Hashdex Bitcoin Futures ETF (ticker: DEFI)… Read More

January 4, 2024 @ 11:08 pm By Omar Faridi  |  

Starknet’ has shared its reflections and 2024 predictions with CI. The selection of reflections and predictions are from key players within the Starknet ecosystem and StarkWare. Starkware is reportedly “the main developer behind StarkNet, a layer-2 blockchain in the Ethereum ecosystem.” Eli Ben-Sasson, co-founder and… Read More

January 4, 2024 @ 11:05 pm By Omar Faridi  |  

Marco Manoppo, the Research Director at Digital Asset Research, notes that Vitalik Buterin had revealed the Ethereum 2024 roadmap highlighting key priorities. As noted in a post by Manoppo, it has 6 core elements: the Merge, Surge, Scourge, Verge, Purge, and Splurge. As mentioned in… Read More