Blockchain & Digital Assets

September 30, 2023 @ 4:17 pm By Omar Faridi  |  

Circle Research has been launched with a charter “to accelerate and amplify technical innovation within crypto, blockchain, and Web3 through open-source research.” Circle Research’s inaugural open-source contribution, Perimeter Protocol, “offers a new standard for building on-chain credit markets.” Open Source R&D At Circle, they claim… Read More

September 30, 2023 @ 3:51 pm By Omar Faridi  |  

As Paysafe Payment Solutions Limited “unilaterally” decided to stop processing EUR deposits for Binance users, Paysafe users are now “advised to take appropriate actions in advance.” Paysafe users may “convert EUR balances in their Binance accounts to USDT before 2023-10-31 at 0:00 (UTC).” Meanwhile, users… Read More

September 30, 2023 @ 3:47 pm By Michael Wong  |  

Cyberstarts, an Israel-based venture capital firm that focuses on early-stage cybersecurity startups, has announced raising $480 million to make follow-on investments. In a statement, the firm said the Opportunity Fund will take advantage of follow-on opportunities from its portfolio companies that are raising Series A… Read More

September 30, 2023 @ 3:44 pm By Omar Faridi  |  

As of late, financial markets have been gripped with the reality that the US government may be headed toward a shutdown due to Congress’s “inability to pass the federal appropriations bill for the upcoming fiscal year, which begins on October 1st,” the team at NYDIG… Read More

September 30, 2023 @ 3:40 pm By Michael Wong  |  

The Bank for International Settlements (BIS) has successfully completed Project Mariana, a collaborative endeavor with the central banks of France, Singapore, and Switzerland, aiming to explore the potential of wholesale central bank digital currencies (wCBDCs) in cross-border trading and settlement between financial institutions. Developed jointly… Read More

September 30, 2023 @ 3:33 pm By Omar Faridi  |  

Parker Merritt and Kyle Waters from Coin Metrics have provided a close examination of the current Bitcoin mining landscape through the lens of their extensive data. Despite a flat BTC market in the back half of Q3 as spot ETF chatter quieted, hashrate continued “to… Read More

September 29, 2023 @ 5:06 pm By JD Alois  |  

Three Arrows Capital (3AC), a digital asset hedge fund, co-founder Su Zhu has been arrested at the Changi Airport in Singapore, according to multiple reports. 3AC was a catalyst in the crypto collapse of 2022. Things took a dramatic turn for the worse when TerraUSD/LUNA… Read More

September 29, 2023 @ 1:19 pm By JD Alois  |  

Islamic Coin, a Shariah-compliant crypto, is raising money on Republic. The Reg S offering, which is set to close next week, has raised over $1.7 million to date, backed by over 1600 investors. To quote the offering page: “Islamic Coin (ISLM) is the native currency… Read More

September 29, 2023 @ 10:50 am By JD Alois  |  

  Digital asset as a service firm Zumo reports that it now adheres to the new Financial Conduct Authority (FCA) requirements when promoting digital assets or crypto. Zumo says it is the first platform to adhere to the new rules. Zumo says that some platforms… Read More

September 29, 2023 @ 10:35 am By Omar Faridi  |  

ASMX Group PLC, a developer of digitally enabled secondary market trading technology, has reached a significant strategic agreement with MERJ Exchange. Under this agreement, ASMX is set to launch a digital trading solution “for companies to list traditional debt and equity securities, as well as… Read More

September 29, 2023 @ 9:15 am By Omar Faridi  |  

Copper.co, one of the industry’s leading digital asset custodians, is pleased to announce an enhancement to its existing integration with Stellar, a decentralized, open-source blockchain network designed to connect the financial systems and democratize economic participation. This enhancement allows institutional clients to trade an even… Read More

September 29, 2023 @ 8:34 am By Omar Faridi  |  

Elliptic – the global leader in cryptoasset risk management – is partnering with MaiCoin and MAX Exchange, which are both integral platforms of MaiCoin Group in Taiwan. The collaboration will further MaiCoin Group’s commitment “to advancing digital assets into the mainstream, while providing its clientele… Read More

September 29, 2023 @ 1:53 am By Omar Faridi  |  

BCB Group is a crypto-dedicated payment services provider, serving many of the industry’s  clients including Bitstamp, Crypto.com, Fireblocks, Galaxy, Gemini and Kraken. It provides payment services in “over 30 currencies, FX, cryptocurrency liquidity, digital asset custody and BLINC, which is BCB’s free, instant settlements network… Read More

September 28, 2023 @ 11:30 pm By Omar Faridi  |  

SDX, the regulated financial market infrastructure for digital assets, welcomes Hypothekarbank Lenzburg as a new member on its Central Securities Depository (CSD). SDX, licensed by the Swiss Financial Market Supervisory Authority (FINMA), operates a stock exchange and CSD “using distributed ledger technology (DLT).” With its… Read More

September 28, 2023 @ 10:32 pm By Omar Faridi  |  

Pravjit Tiwana, CEO APAC and Global CTO at Gemini, notes that in May, they announced the launch of Gemini’s Gurgaon technology development center in India. Now, Gemini are pleased to build on that announcement and reveal that they have opened their office “within the Cyber Hub… Read More

September 28, 2023 @ 8:29 pm By Omar Faridi  |  

Crypto.com announced it has teamed up with PayPal and Paxos to establish Crypto.com as a preferred PayPal USD (PYUSD) exchange. Crypto.com has already listed PYUSD on its platform “for both retail and institutional users, and is currently the crypto trading platform with the deepest liquidity… Read More

September 28, 2023 @ 8:53 am By JD Alois  |  

Coinbase International Exchange (NASDAQ:COIN) has been approved by the Bermuda Monetary Authority (BMA) to enable perpetual futures for eligible non-US retail customers in certain jurisdictions, according to a statement by the company. Coinbase said it will begin to offer perpetual futures trading in the next… Read More

September 28, 2023 @ 8:35 am By Omar Faridi  |  

Ramp, a financial technology company building payment rails connecting crypto to the global financial system, announced a strategic partnership with MetaMask, the self-custody web3 platform. The collaboration kicks off with the integration of Ramp’s on-ramp services directly into MetaMask’s mobile application and MetaMask Portfolio. This… Read More

September 27, 2023 @ 11:07 pm By Omar Faridi  |  

Dreamus, the entertainment events and streaming pioneer supporting globally known K-pop stars and most South Korean concert ticket sales, is now using Avalanche. The 21M loyalty users of its popular ticketing app, OK Cashbag, “can now buy Avalanche-backed tickets in just a few clicks.” Dreamus,… Read More

September 27, 2023 @ 11:03 pm By Omar Faridi  |  

The MENA region reportedly has the sixth largest crypto economy of any region studied this year, “with an estimated $389.8 billion in on-chain value received between July 2022 and June 2023,” according to an update from Chainalysis. Chainalysis also mentioned that this “represents nearly 7.2%… Read More