Blockchain & Digital Assets

Blockchain, distributed ledger technology, crypto, digital assets, tokenization and stablecoin news.

Digital Asset Trading and Lending Firm VersiFi Reports $10 Million Series A

Digital asset trading and lending firm VersiFi has announced a $10 million Series A funding round led by Hunting Hill Global Capital. Versify provides a “plug-and-trade platform” for trading, borrowing, lending, and custody services from third-party partners. The company said the money will help them… Read More

Fintech Firm Fnality International Secures £77.7M via Series B

Fnality – the Fintech bringing together the safety and institutional quality of central bank money with the innovative functionality and resilience of blockchain technology – announced a £77.7m Series B funding round. This investment round was reportedly led “by Goldman Sachs and BNP Paribas, with… Read More

Digital Assets: Kraken Introduces VASP Services in Belgium

Kraken has launched VASP services in Belgium, utilising its EU subsidiary, which has registered under the VASP regimes in Ireland, Spain and Italy. This launch reinforces Kraken’s ongoing commitment “to upholding Europe’s robust anti-money laundering and compliance standards. And further underscores Kraken’s dedication to advancing… Read More

Latin America: Bitso Introduces eFX with Crypto Service Enabling Instant Global Transactions

Bitso —the financial services company powered by crypto in Latin America— announced the launch of its new eFX with Crypto service, which allows companies “to carry out immediate international transactions, in a regulated manner, with greater savings and security and without the need of a… Read More

Crypto.com Obtains VASP License from Dubai’s Virtual Assets Regulatory Authority (VARA)

Crypto.com announced that its Dubai entity, CRO DAX Middle East FZE, has been granted a Virtual Assets Service Provider (VASP) License “for specified virtual asset service activities by Dubai’s Virtual Assets Regulatory Authority (VARA).” Crypto.com’s VASP License is “subject to the Company fully satisfying select… Read More

Digital Assets Derivatives Trading Available via Gemini Mobile App

At Gemini, they claim to be dedicated to delivering the “best possible” crypto trading experience for their users. Gemini says it is pleased to unveil “an important update to our derivatives trading ecosystem: mobile app trading.” In August, Gemini had unveiled the ability “to view… Read More

Singapore’s dtcpay Teams Up with PlatON, a Privacy-Preserving Digital Public Infrastructure Provider

dtcpay is pleased to announce their partnership with PlatON, a firm focused on privacy-preserving digital public infrastructure, and Tonghua International’s Allinpay International, a global Fintech payments solution. dtcpay, PlatON, and Allinpay International announce collaboration will “launch an innovative digital currency payment system based on smart… Read More

Digital Assets Trading Tech Provider Talos Joins Google Cloud Partner Advantage Program

Talos, the provider of institutional technology for digital assets trading, announced it has joined the Google Cloud Partner Advantage Program. Joining as a Build Partner, Talos aims to continue “building upon Google Cloud technology to empower institutions with a secure platform and the advanced tools they… Read More

Blockchain Adoption: IOG Founder Charles Hoskinson Outlines New Framework for Cardano Devs, Validators

IOG founder & CEO Charles Hoskinson recently outlined a new framework that will offer new ways for developers and validators to utilize Cardano’s core strengths – and some new Cardano technologies in order “to build their own optimized partner chains.” Partner chains will aim to… Read More

Recent Inflows into Digital Asset Products Tops $1 Billion – Report

Rising interest in Bitcoin and some other cryptocurrencies is driving the entire digital asset market higher. According to a report distributed by CoinShares, digital asset investment products saw inflows totaling $293 million last week, bringing the past seven- week run of inflows above the $1… Read More

Custodia’s Bitcoin (BTC) Custody Platform Is Now Live

Custodia‘s Bitcoin custody platform recently went live. Custodia is a bank that is reportedly built by Bitcoiners “offering segregated (not omnibus) accounts on our custom-built Bitcoin custody platform.” Custodia’s Bitcoin custody service is said to be “purpose-built for businesses: fiduciaries, including investment advisers, investment managers… Read More

Almond Fintech Secures $7M to Remove Financial Barriers Globally

Almond Fintech, a B2B technology company bridging the worlds of fiat and digital currency, is excited to announce a new funding milestone of $7 million. The funding from the investment round will aim to help broaden Almond’s rapidly expanding network in Asia, the Americas, while… Read More

Regulated Digital Asset Firm Paxos Enlisted by TD Securities to Provide Commodity Settlement

TD Securities, part of TD Bank Group, has hired Paxos to provide settlement for commodities, according to a corporate statement. Paxos is a top digital asset firm that pursued a compliance-first approach which has led it to ink partnerships with multiple large enterprises. TD, based… Read More

Chainalysis Founder to Paricipate in House Hearing on Digital Assets and Illicit Activity

This Wednesday (November 15, 2023), the House Subcommittee on Digital Assets and Financial Technology, part of the House Committee on Financial Servies, will hold a hearing on “Breaking Down the Illicit Activity in Digital Assets” – addressing the use of crypto to commit crimes, including… Read More

Lloyds Bank Warns Consumers About Growing Threat of Crypto Scams

A growing number of British investors risk being defrauded by a wave of fake adverts posted on social media, according to a new a warning issued by Lloyds Bank. The number of cryptocurrency investment scams reported1 “by victims so far this year has risen by… Read More

Marathon Digital Reports Significant Increase in Bitcoin Production Amplified by Higher Average BTC Prices

Marathon Digital Holdings, Inc. (NASDAQ: MARA), a firm focused on supporting and securing the Bitcoin ecosystem, reported its financial and operational results for the quarter ended September 30, 2023. The company says that it “recorded net income of $64.1 million, or $0.35 per diluted share,… Read More

Stablecoins: Circle Introduces Upgrade to USDC and EURC that Reduces Gas Costs, Improves Support for Account Abstraction

Circle has unveiled a new v2.2 upgrade to USDC and EURC that significantly reduces gas costs, improves support “for account abstraction, and further bolsters security for transactions on EVM blockchains.” The upgrade adds to the momentum of USDC innovation “after its recent expansion to 6… Read More

Bakkt to Expand Digital Asset Capabilities into Global Markets including Asia, Europe, LatAm

Bakkt Holdings, Inc. (NYSE: BKKT) announced today its planned expansion of crypto capabilities into numerous international markets “with both existing and newly-signed clients by year end.” Latin America: Bakkt and long-standing client Hapi, a stock trading platform, recently furthered their Latin American crypto trading capabilities,… Read More

DTCC Introduces OTC Direct Connect to Provide Access to Derivatives Transactions Data

DTCC, the market infrastructure for the global financial services industry, announced the launch of DTCC’s OTC Direct Connect, a service providing seamless access to OTC derivatives transactions data that are reportable in the U.S. and Canada. With OTC Direct Connect, investment professionals, data vendors, and… Read More

WorldCoin Crypto Initiative Reports Surge in Daily Active Users, Project Devs Introduce New Features

In response to a surge in monthly active users from around the world, TFH has begun rolling out a new World App update that allows users “to customize their experience with multiple languages and local currencies.” Starting in November, World App will be “available in… Read More

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