Blockchain & Digital Assets

May 25, 2023 @ 8:32 pm By Omar Faridi  |  

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

May 25, 2023 @ 5:14 pm By JD Alois  |  

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

May 25, 2023 @ 4:20 pm By JD Alois  |  

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

May 25, 2023 @ 11:33 am By JD Alois  |  

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

May 25, 2023 @ 10:39 am By JD Alois  |  

The Commodity Futures Trading Commission (CFTC) has filed an enforcement action in the US District Court for the Central District of California against David Carmona, Juan Arellano Parra, Moses Valdez, David Brend, and Marco A. Ruiz Ochoa, who were all doing business as a company… Read More

May 25, 2023 @ 10:32 am By Omar Faridi  |  

TP ICAP Group, a provider of market infrastructure, announces that Fusion Digital Assets – its marketplace for spot cryptoassets – is now live and has successfully completed its first XBTUSD pairs trade with the associated settlement processed by Fidelity Digital Assets. Fusion Digital Assets is… Read More

May 25, 2023 @ 9:48 am By Omar Faridi  |  

Global blockchain technology company and start-up accelerator Cronos Labs announced that it will participate as the main blockchain network partner of the ‘Seoul Web 3.0 Festival 2023’ (SWF2023), organized by the Seoul Metropolitan Government. SWF2023 aims “to enhance the competitiveness of Korea’s Web3 industry and… Read More

May 25, 2023 @ 8:41 am By Omar Faridi  |  

Num Finance, which claims to be the “premier” issuer of local stablecoins in Latin America, announced it has “raised $1.5 million following the closure of its pre-seed funding round led by Reserve.” Investors in the round also “included H20 Scouter Fund, VC3, Ripio Ventures, and… Read More

May 24, 2023 @ 11:47 am By JD Alois  |  

Binance is taking another PR blow as Reuters is reporting that the world’s largest crypto exchange has been commingling investor and company funds. According to the report that was derived from a former company insider, “billions of dollars” and commingling happened on a daily basis…. Read More

May 24, 2023 @ 11:37 am By Omar Faridi  |  

HAYVN, a regulated digital asset focused financial institution, announced “strong” HAYVN 20 Cryptocurrency Index Fund returns to investors during Q1 2023, despite increasing volatility in the digital asset market. The index fund for cryptocurrency assets “offering clients a diversified, low cost, and regulated strategy to… Read More

May 23, 2023 @ 11:47 pm By Omar Faridi  |  

RockX, a firm focused on supportin institutional-grade staking solutions throughout Asia, is broadening its staking product suite with the addition of a new ETH native staking solution. This latest offering supports RockX‘s position “as a comprehensive provider of diverse staking needs, responding adroitly to the… Read More

May 23, 2023 @ 11:17 pm By Omar Faridi  |  

Ontology, a blockchain network focused on enhancing trust, privacy, and security in Web3 by offering decentralized identity and data solutions, has formed a partnership with Alchemy Pay to integrate its on and off ramp solution. Through Alchemy Pay’s plugin, dApps and platforms on Ontology “can… Read More

May 23, 2023 @ 5:30 pm By Omar Faridi  |  

The Securities Commission Malaysia (SC) has taken action against Huobi Global Limited, and its Chief Executive Officer Leon Li for “operating a digital asset exchange (DAX) in Malaysia without registration.” Accordingly, the SC has “issued a public reprimand against Huobi Global Limited, and Leon Li… Read More

May 23, 2023 @ 3:32 pm By JD Alois  |  

The International Organization of Securities Commission (IOSCO) has published a paper making policy recommendations on dealing with digital assets or crypto. The consultation incorporates 18 different recommendations that IOSCO states it will finalize during the last quarter of this year. IOSCO published a digital asset… Read More

May 23, 2023 @ 3:03 pm By Omar Faridi  |  

RedStone, originator of the next-generation decentralized finance oracle platform, has announced an exclusive $350,000 angel investment round led by Web3 professionals including Stani Kulechov, Sandeep Naiwal, Alex Gluchovski and Emin Gün Sirer. The support from a host of Web3 pioneers “demonstrates the pronounced need for… Read More

May 23, 2023 @ 11:12 am By JD Alois  |  

Prometheum Ember Capital LLC, a subsidiary of Prometheum Inc., has received approval from the Financial Industry Regulatory Authority (FINRA) to operate as a special-purpose broker-dealer for digital asset securities. Prometheum states that they are the first broker-dealer to receive this type of approval from FINRA…. Read More

May 23, 2023 @ 12:17 am By Omar Faridi  |  

Talos, the “premier” provider of institutional digital assets trading technology, has acquired D3X Systems, a developer of institutional technology to support systematic investment strategies. The D3X platform “enables investors to apply the advanced portfolio engineering techniques, tried and tested in traditional capital markets, to digital… Read More

May 22, 2023 @ 11:37 pm By Omar Faridi  |  

Zodia Custody, an institution-first digital asset custodian by Standard Chartered in association with Northern Trust, and LMAX Digital, the regulated institutional crypto currency exchange operated by LMAX Group, announce a collaboration to deliver institutional-grade trading infrastructure and custody services for the European leading Alternative Asset… Read More

May 22, 2023 @ 5:08 pm By JD Alois  |  

Yves La Rose, Founder and CEO of EOS Network Foundation, wants to sue Block.One (B1). In an open letter addressing the EOS initial coin offering – which raised around $4 billion – La Rose expressed his frustration that Block One had used little of the… Read More

May 22, 2023 @ 12:49 pm By JD Alois  |  

Crypto brokerage LondonLink has raised £510,500 on a securities offering on Seedrs. According to the offering page, 140 investors participated in the sale of convertible security that holds a 30% discount to a future priced funding round. LondonLink securities are offered under the Seedrs Nominee… Read More