Blockchain & Digital Assets

June 17, 2023 @ 9:56 am By JD Alois  |  

The Securities and Exchange Commission (SEC) has received court approval for emergency relief regarding assets held by Binance for US customers. The SEC states that all defendants in its litigation against Binance Holdings Limited, BAM Management US Holdings Inc., BAM Trading Services Inc., and Changpeng… Read More

June 16, 2023 @ 7:23 pm By Omar Faridi  |  

The Fintech Open Source Foundation (FINOS), the financial services arm of The Linux Foundation, will announce at the FINOS Open House at J.P. Morgan its efforts “to spearhead the growth of emerging technologies with the launch of the Zenith Special Interest Group (SIG).” The SIG… Read More

June 16, 2023 @ 6:52 pm By JD Alois  |  

Binance is continuing its staggered retreat from another market. According to a Tweet from today, Binance is exiting the Netherlands market as they have been “unable to register as a VASP with the Dutch regulator.” A VASP is a virtual asset service provider, and the… Read More

June 16, 2023 @ 5:23 pm By Omar Faridi  |  

Bitdeer Technologies Group (NASDAQ: BTDR), a technology company for the cryptocurrency mining community, announced its unaudited mining and operations updates for May 2023. Linghui Kong, Chief Executive Officer of Bitdeer, commented: “We maintained stable operations during the month of May while remaining dedicated to the… Read More

June 16, 2023 @ 3:53 pm By Omar Faridi  |  

Coincover, the digital asset protection company, announces the appointment of Vikki Sly as Chief People Officer (CPO), boosting the firm’s commitment to building a healthy scaling business. With a strong background in designing and implementing successful internal cultures, Vikki will play “an integral role in… Read More

June 16, 2023 @ 9:48 am By Omar Faridi  |  

The convergence of AI and NFTs has far-reaching implications for the gaming industry. It introduces a new level of customization and creativity for players, enabling them to personalize assets within the gaming space. NFTs, providing the technology for creative ownership, synergize with AI, which breaks… Read More

June 15, 2023 @ 10:55 pm By Omar Faridi  |  

Strike, the global money app for fast, “safe” payments and bitcoin, announced the expansion of “Send Globally” to Mexico, “bringing its revolutionary payment service to the largest market for remittances from the U.S.” In 2022, Mexico received “a record of $60 billion in remittances from… Read More

June 15, 2023 @ 10:52 pm By Omar Faridi  |  

Venture capital firm Menlo Ventures announced a new partner: Amy Wu. Amy joins Menlo “to grow the firm’s consumer and gaming practice and build on Menlo’s track record, which includes early investments in well-known consumer companies like Chime, Pillpack, Poshmark, Roku, Rover, Siri, Uber, and… Read More

June 15, 2023 @ 6:28 pm By Omar Faridi  |  

Horizen, a layer-0 public blockchain, and Auros, a global algorithmic trading and market making firm, have entered a strategic partnership that will increase widespread access to $ZEN in preparation for the launch of the EON ecosystem, Horizen’s new EVM-compatible smart contracting platform. The partnership is… Read More

June 15, 2023 @ 6:22 pm By JD Alois  |  

BlackRock subsidiary iShares has filed an S-1 registration statement for a Bitcoin-based exchange-traded fund (ETF). The iShares Bitcoin Trust aims to reflect the performance of the price of Bitcoin, similar to the other ETFs that have attempted to do the same. To quote the registration… Read More

June 15, 2023 @ 11:52 am By Omar Faridi  |  

Boson Protocol, an open-source, foundational infrastructure for facilitating decentralized commerce on Web3, has made the strategic appointment of Holly Wood as Director of Business Development. Holly will be “driving adoption of the protocol after Boson moved from closed beta to open access earlier this month.”… Read More

June 15, 2023 @ 9:20 am By JD Alois  |  

Europe Now Movement, the political party that just won parliamentary elections in Montenegro, is expected to form a fragile government, according to a report in BalkanInsight. The problem is the multitude of parties, with Europe Now squeaking by with just 25.6% of the vote, followed… Read More

June 14, 2023 @ 10:49 pm By JD Alois  |  

Digital securities marketplace ADDX has appointed former Singapore Exchange (SGX) Managing Director Chew Sutat as its new Chairman. According to a note from the company, Sutat has Chaired the listing committee of ADDX since 2019. SGX is a shareholder in ADDX. ADDX Pte Ltd took… Read More

June 14, 2023 @ 4:14 pm By JD Alois  |  

Banq, a platform for the primary issuance of securities controlled by Cambria Capital, a regulated broker-dealer, has filed for bankruptcy, according to many reports. Chapter 11 Dockets distributed the news via Twitter. Crypto software company Banq filed for bankruptcy protection today in Nevada https://t.co/ckmt6V6AMl pic.twitter.com/4EmKzowj24… Read More

June 14, 2023 @ 3:37 pm By JD Alois  |  

The European Securities and Markets Authority (ESMA) has published a time frame for the implementation of Markets in Crypto-Assets Regulation (MiCA). EMSA is the EU securities regulator. The EU recently approved the legislation as it seeks to enable digital asset innovation while incorporating investor protection… Read More

June 14, 2023 @ 2:21 pm By Omar Faridi  |  

Gordon Liao from Circle Internet Financial and Thomas Hadeed noted in a study titled, Beyond Speculation: Payment Stablecoins for Real-time Gross Settlements, that  empirical evidence shows “a notable shift in the usage of stablecoins, a form of digital currency transacted over distributed ledgers, in recent… Read More

June 14, 2023 @ 10:54 am By JD Alois  |  

Archax, a digital securities exchange regulated by the UK Financial Conduct Authority, has listed a securities offering to raise capital for SupraFin. According to the offering page, SupraFin is raising funds at a pre-money valuation of £12 million. SupraFin is hoping to raise a minimum… Read More

June 14, 2023 @ 8:58 am By Omar Faridi  |  

BoomFi, a next-generation payments company, has announced an oversubscribed seed funding round of $3.8 million led by White Star Capital. The team will use the capital from the investment round “to transform crypto and digital currency payments for web3. SaaS, eCommerce, creators, marketplaces and traditional… Read More

June 13, 2023 @ 11:17 pm By Omar Faridi  |  

Like many in the blockchain and web3 ecosystem, DFINITY says they have been watching recent regulatory developments in the United States with some alarm. As noted in a blog post, the SEC in particular, has been “taking wide-ranging actions across the industry.” DFINITY says they… Read More

June 13, 2023 @ 10:57 pm By Omar Faridi  |  

The team at Chainalysis are pleased to announce that they’ve integrated Coinbase Commerce so that their customers can conveniently settle their invoices using a wide range of digital assets. By offering this new payment option, they are “supporting the evolving needs of our customers, particularly… Read More