Blockchain & Digital Assets

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

Digital Assets: WOOFi Introduces Cross-Chain Staking Powered by Arbitrum, LayerZero

The WOO token can now be staked “across seven chains to earn USDC on Arbitrum from WOOFi swap fees.” As noted in a blog post, WOOFi Stake 1.0 was “born on BNB Chain back in December 2021 and quickly grew in TVL as WOO stakers… Read More

Digital Currency: Fibonacci Launches Alchemy Pay’s On and Off Ramp for Seamless Transactions

Fibonacci, a commercial public chain that focuses on the social field and builds a social and creator economic ecosystem, has partnered with Alchemy Pay “to provide a convenient fiat on-ramp and off-ramp solution within its ecosystem.” With this collaboration, Alchemy Pay “offers a user-friendly plugin… Read More

Cogito Protocol Partners with Unicorn Ventures, a VC Fund Focusing on DeFi, Metaverse, Blockchain Gaming

The team at Cogito Protocol is pleased to share their exciting new collaboration with Unicorn Ventures, a “community-backed” venture capital fund focusing on decentralized finance, metaverse, and blockchain gaming. Together with their partner, they strive “to grow Cogito and their ecosystem’s adoption.” They share a… Read More

Stablecoins: Avalanche Euro Coin or EUROC Is Expanding Access to the Euro

Euro Coin, or EUROC, launched on Ethereum in 2022 in order “to provide businesses and developers with a fully reserved, euro-backed stablecoin they can trust.” Euro Coin helps unlock new opportunities “for global commerce, faster and more efficient FX, and greater access to the euro… Read More

Web3 Platform Transak Raises $20 Million Series A

Web3 payment platform Transak has raised $20 million in a Series A funding round led by CE Innovation Capital. Other investors included SBI Ven Capital, Sygnum, Azimut, Third Kind Venture Capital, UOB Venture Management, Signum Capital, Animoca Brands, Genting Ventures, Istari Ventures, No Limit Holdings,… Read More

Polymesh Joins NayaOne Network, Enabling Financial Services Industry to Leverage Blockchain Tech

Polymesh, which claims to be the leader in public-permissioned blockchain, announced today its integration into the ecosystem of NayaOne, a digital transformation platform for the financial services industry. This integration provides opportunities “for financial institutions to effectively and efficiently leverage the benefits of blockchain technology… Read More

Decentralized Finance: API3 Teams Up with Dovish, a Perpetual Swap Protocol in the DeFi Ecosystem

API3 is pleased to announce our latest partnership with Dovish, a perpetual swap protocol in the DeFi ecosystem. With a commitment to bringing smart money into DeFi, Dovish is “utilizing API3’s data feeds for their upcoming perpetual decentralized exchange (DEX) launch on Polygon’s zkEVM.” After… Read More

Crypto Trading: Gulf Binance Obtains Digital Asset Operator Licenses in Thailand

Gulf Binance Co., Ltd., a joint venture between Binance and Gulf Innova Co., Ltd., has now secured digital asset operator licenses from the country’s Ministry of Finance. Digital asset operators are “regulated by Thailand’s Securities and Exchange Commission (SEC).” Gulf Binance will be able “to… Read More

Blockchain Adoption: Horizen, Band Protocol to Deliver Decentralized Oracle Services for Ethereum VM-Compatible Smart Contract Platform

Horizen, a layer 0 public blockchain, is pleased to announce a strategic partnership with Band Protocol, a cross-chain data oracle platform, “to provide real-time price feeds and reliable data for EON, Horizen’s new EVM-compatible smart contracting platform.” The partnership will bring decentralized oracle services “to… Read More

WEF: Crypto Industry Report Identifies Barriers, Potential Solutions in Global Digital Asset Regulation

From fragmented monitoring and enforcement to differing classifications of crypto assets, many barriers hinder global coordination on crypto-asset regulation efforts. A new study from the World Economic Forum identifies “the importance of a global approach to crypto-asset regulations and provides potential solutions to these barriers.”… Read More

Decentralized Finance: Symbiosis Adds Arbitrum Nova to Expand DeFi Connectivity

Symbiosis, a cross-chain liquidity protocol, announced the addition of Arbitrum Nova to its platform. This integration will “allow users to swap assets across 12+ chains.” Arbitrum Nova is a new chain that is designed to be more cost-effective and faster than Arbitrum One. It is… Read More

Digital Assets: Bitfinex, Chile’s OrionX to Enable Crypto Adoption in Latin America

Bitfinex, a  digital asset trading platform, has announced a new investment in the leading Chilean crypto firm Orionx, as both companies look “to ramp up efforts to promote financial freedom and inclusion throughout Latin America.” Paolo Ardoino, CTO at Bitfinex, said: “We’re excited to collaborate… Read More

SEC Receives Consent Judgement Against Hydrogen Technology Corporation, Others in Regard to Sale of Hydro, Deemed a Digital Asset Security

The Securities and Exchange Commission (SEC) has obtained final consent judgments against The Hydrogen Technology Corporation, its former CEO, Michael Ross Kane, and Tyler Ostern, CEO of Moonwalkers Trading Limited.  The SEC’s case involved the offering of unregistered securities in regard to the issuance of… Read More

Etana Custody, a Multi-Asset Custody Service Provider, Appoints New CTO Dennis Noto

Etana Custody, a regulated, “trusted” firm focused on multi-asset custody and support services, announced the appointment of Dennis Noto as the company’s chief technology officer (CTO). Noto reportedly “brings a wealth of knowledge and expertise to Etana’s executive team, which includes more than 25 years… Read More

ESRB Report Outlines Policy Recommendations to Regulate and Mitigate Systemic Risk of Crypto Industry

The European Systemic Risk Board (ESRB) has published a report providing a succinct outline of the global digital asset industry while outlining policy recommendations to regulate crypto and decentralized finance (DeFi). Similar to other reports, the ESRB views crypto as not systemically risky while noting… Read More

SC Ventures Exits Stake in Metaco SA, a Swiss-based Digital Asset Firm

SC Ventures, Standard Chartered’s (LON: STAN) innovation, fintech investment and ventures arm, has exited its stake in Metaco SA, a Swiss-based tech firm offering critical software infrastructure that enables institutions to issue, secure, manage and trade digital assets. SC Ventures was “one of the early… Read More

Digital Asset Firm Kraken Completes SOC 2, Type I for Custody, Funding Services

As part of Kraken’s commitment to client security, they have reportedly completed and passed an independent auditor’s examination over internal controls as defined by the American Institute of Certified Public Accountants (AICPA) SOC 2, Type I compliance standard. Kraken has shared details “about this process… Read More

Crypto Lobbying Efforts Now Focusing on Ohio Ukrainian Population

Digital Innovation for America, a lobbying group advocating on behalf of digital assets, has updated its campaign to highlight the ability of crypto to streamline transfers or payments globally by promoting the need for Ukrainians living in the US to support the ongoing war against… Read More

Credora Extends Series A on Republic

Credora, a real-time credit analytics for the crypto industry, recently announced that it had raised a $6 million strategic funding round supported by S&P Global and Coinbase Ventures as lead investors. In a statement  from last month, Credora CEO Darshan Vaidya, explained that his company… Read More

Candidate for President Ron DeSantis Believes in Bitcoin, But Not CBDCs

Yesterday, in a Twitter Spaces interview which was delayed due to overwhelming interest, Florida Governor and candidate for President Ron DeSantis expressed his support for Bitcoin while re-iterating his opposition to central bank digital currency (CBDC). Florida has passed a law that they do not… Read More

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