Blockchain & Digital Assets

July 1, 2023 @ 5:02 pm By Omar Faridi  |  

CertiK is embarking on an innovative journey with Coala Pay, a platform spearheaded by seasoned humanitarians, to redefine the existing approach to last mile grants management. Coala Pay says that it “facilitates seamless and borderless aid funding, while insulating donor funds from foreign currency risks,… Read More

July 1, 2023 @ 4:29 pm By Omar Faridi  |  

Institutional users recognize the long-term potential of crypto assets, according to a recent report by Binance Research which surveyed 208 respondents on their attitudes, preferences, and motivations toward cryptocurrency investments. Positive and Long-Term Outlook On Crypto as an Alternative Asset Class The Institutional Crypto Outlook… Read More

July 1, 2023 @ 11:21 am By Omar Faridi  |  

The team at Nine25 is pleased to announce the ability to purchase Bitcoin via their platform (coming soon). Starting now, Nine25 aims “to establish itself as the most convenient platform for acquiring Bitcoin.” At Nine25, their goal is “to ensure financial independence for everyone.” They… Read More

June 30, 2023 @ 10:41 pm By Omar Faridi  |  

Sologenic, a global firm focused on blockchain tokenization technology, announces the launch of two solutions: SOLONEX, an asset tokenization brokerage solution, and a specialized custom-built CBDC Tokenization Solution. Geared at facilitating financial transactions and asset management, these solutions will aim to bridge the gap between… Read More

June 30, 2023 @ 2:49 pm By Omar Faridi  |  

AlloyX, a decentralized finance (DeFi) protocol that aggregates tokenized credit, announced today the launch of a liquid real-world asset (RWA) vault product after closing a $2 million pre-seed funding round “led by Hack VC, with investments from Circle Ventures, Digital Currency Group, Stratos, Lecca Ventures,… Read More

June 30, 2023 @ 9:51 am By JD Alois  |  

The Financial Services and Markets Act 2023 has been granted Royal Assent. The comprehensive legislation aims to grow the UK economy while enabling innovation. London has long been a top global financial services center. This leadership has morphed into the UK becoming one of the… Read More

June 30, 2023 @ 6:58 am By Omar Faridi  |  

QuickNode, a provider of blockchain infrastructure, announces that it now supports the XRP Ledger (XRPL). This integration makes the XRPL, “a Layer 1 open-source, energy-efficient, and decentralized blockchain, available to the global developer community on the QuickNode platform.” Adding the XRPL to QuickNode will “help… Read More

June 29, 2023 @ 7:26 pm By Omar Faridi  |  

Binance Labs, the venture capital and incubation arm of Binance (which has been sued by US regulators for a wide range of issues), continues to support the growth of the DeFi sector and has participated in a strategic funding round for Maverick Protocol, a DeFi… Read More

June 29, 2023 @ 6:44 pm By Omar Faridi  |  

Recently, The Graph, a protocol for indexing and querying blockchain data, eclipsed one trillion queries. For years, subgraphs on The Graph have “been powering thousands of decentralized applications (dapps) in development and production across the hosted service and Graph Network.” There are over 74,000 subgraphs… Read More

June 29, 2023 @ 5:39 pm By Omar Faridi  |  

Schroders announces a tokenized investment vehicle project to explore the capabilities for personalization and simplification of investments that blockchain technology could deliver. Schroders is participating in the Monetary Authority of Singapore’s Project Guardian, a ground-breaking initiative that aims “to develop a responsible and innovative digital… Read More

June 29, 2023 @ 5:35 pm By Omar Faridi  |  

Bitpanda has announced that Bitpanda Pro, their digital asset exchange for institutions and “seasoned” investors, is rebranding and becoming ‘One Trading.’ Founded in 2014 and headquartered in Vienna, Bitpanda is one of the most successful digital asset firms in Europe. After a €30m Series A… Read More

June 29, 2023 @ 3:03 pm By JD Alois  |  

Coinbits is another digital asset platform with a relationship with Prime Trust – now insolvent – that finds that some customers cannot access their crypto. In a series of Tweets, Coinbits shared the news to its followers: This is thread that we would never have… Read More

June 29, 2023 @ 2:56 pm By Omar Faridi  |  

Ledger brings core tech and governance “to help institutions manage crypto trading risk and regulation with custodial trading solutions.” Ledger recently announced that the firm is “entering the institutional trading technology market with the first open network to enable custodial trading via exchange and custodial… Read More

June 29, 2023 @ 11:22 am By Omar Faridi  |  

Mastercard (NYSE: MA) announced the launch of the Multi Token Network (MTN), a set of core capabilities designed to make transactions within the blockchain and digital asset ecosystems secure, scalable and interoperable – enabling payment applications and trade more efficiently. A new solution for the… Read More

June 29, 2023 @ 8:49 am By Omar Faridi  |  

Binance, which claims to be the largest crypto exchange that’s being sued by US regulators for a wide range of issues, has now had its European banking partner Paysafe Payment Solutions (NYSE: PSFE) reveal that it will stop offering its embedded wallet solution to the… Read More

June 28, 2023 @ 6:56 pm By JD Alois  |  

Like many other jurisdictions, the European Union has been reviewing the potential to launch a digital Euro, and today, the EU took another step in that direction. As expected, the EU issued a proposal to create a digital Euro which seeks to satisfy the needs… Read More

June 28, 2023 @ 3:07 pm By JD Alois  |  

Earlier this month, draft legislation was introduced by Congress to work towards a regulatory structure for digital assets. Last week, the North American Securities Administrators Association (NASAA) sent a letter to two House committees telling Congress they did not support the proposed rules. While most… Read More

June 28, 2023 @ 12:59 pm By JD Alois  |  

Deloitte Switzerland has partnered with Polimec to provide reusable KYC or know your customer. These credentials will be using Polkadot, and the “banking grade” KYC credentials will be issued by Deloitte. The company explains that this information will be utilized to empower the global fundraising… Read More

June 28, 2023 @ 12:03 pm By JD Alois  |  

Michael Ackerman, from Alliance, Ohio, has been ordered to pay over $50 million for a bogus digital asset trading scam. The Commodity Futures Trading Commission (CFTC) has received a default judgment regarding Ackerman from the U.S. District Court for the Southern District of New York…. Read More

June 28, 2023 @ 11:56 am By Omar Faridi  |  

The US Securities and Exchange Commission (SEC) has announced separate lawsuits against crypto giants, Binance and Coinbase. A brokerage company now claims that it has a blueprint in order to bring crypto trading into the larger regulated market. As first reported by the WSJ, Prometheum’s… Read More