Blockchain & Digital Assets

September 24, 2023 @ 3:51 pm By Michael Wong  |  

In what is being touted as Singapore‘s most significant money laundering operation, authorities reported a staggering increase in the total value of assets confiscated, now amounting to S$2.4 billion ($1.76 billion), according to a police announcement. The huge inventory of seized assets now encompasses over… Read More

September 24, 2023 @ 2:58 pm By Michael Wong  |  

Deepcoin Labs, a venture capital firm with a specialization in blockchain, cryptocurrencies, and digital assets, has been granted the “Proprietary Trading in Crypto-commodities” registration by the Dubai Multi Commodities Center (DMCC). This recognition coincides with the unveiling of a $10 million fund, explicitly earmarked to… Read More

September 23, 2023 @ 5:59 pm By Tony Zerucha  |  

CoinScan, a crypto analytics platform built to give traders an edge in the market with free in-depth charting and safety features, this week emerged from stealth with $6.3 million in funding to fuel product development and expansion. CoinScan is the first product from CryptoHub, a Web3 company focused on… Read More

September 23, 2023 @ 10:42 am By Omar Faridi  |  

Roger M. Brown,  the Global Head of Tax Strategy at Chainalysis, notes that on August 25, 2023, the U.S. Internal Revenue Service released proposed regulations that would require domestic and foreign exchanges and other types of “brokers” who “effect sales” of digital assets to (1) collect… Read More

September 22, 2023 @ 12:40 pm By Omar Faridi  |  

Chainlink, the industry-standard Web3 services platform, and Arbitrum, the most widely used layer 2 scaling solution suite for Ethereum dApp development, have announced today the mainnet launch of the Chainlink Cross-Chain Interoperability Protocol (CCIP) on Arbitrum One. CCIP provides Web3 developers “with a secure, easy-to-use… Read More

September 22, 2023 @ 9:21 am By Omar Faridi  |  

CoinShares (Nasdaq Stockholm: CS) announced the CoinShares Hedge Fund Solutions division, as part of their mission to continue bridging the gap “between traditional institutional investors and the dynamic world of digital assets.” For the first time, CoinShares will be making its offerings “accessible to qualified… Read More

September 22, 2023 @ 9:06 am By Omar Faridi  |  

Robinhood (NASDAQ:HOOD) announced the results of a study—”verified” by Radius Insights—showing that Robinhood reportedly offers the “lowest cost” to trade crypto on average. The analysis compares prices quoted from various platforms and exchanges, “including Cash App, Coinbase Advanced, Coinbase, Crypto.com, and Kraken, concluding that customers… Read More

September 22, 2023 @ 8:46 am By JD Alois  |  

The Australian Securities and Investments Commission (ASIC) has sued Bit Trade Pty, a partner of Kraken that services clients in Australia. According to a statement issued by the regulator, Bit Trade has “failed to comply with the design and distribution obligations for the margin trading… Read More

September 22, 2023 @ 8:25 am By Omar Faridi  |  

Custodia is pleased to announce that Lisa Hough has joined the bank as Vice President of Strategic Relationships, responsible for helping customers in the U.S. Bitcoin and energy industries “meet their banking and bitcoin custody needs.” Lisa transitioned to the Bitcoin sector in 2019 “after… Read More

September 22, 2023 @ 6:20 am By Omar Faridi  |  

Tether, the company behind the leading stablecoin USDT, is pleased to announce its strategic investment into Northern Data Group through Damoon, a Tether group company. With an $83 billion market capitalization, Tether is expanding its reach “beyond fintech, following recent investments in energy production, bitcoin… Read More

September 22, 2023 @ 6:05 am By Omar Faridi  |  

eToro, the trading and investing platform, has announced that its application for registration under the CySEC CASP (Crypto Asset Service Provider) Register in Cyprus has been approved. The registration will enable eToro to “offer regulated crypto services to all EU countries on a cross-border basis… Read More

September 21, 2023 @ 3:20 pm By Omar Faridi  |  

Bitpanda announced that Bitpanda Technology Solutions and Vacuumlabs are teaming up to provide a one-stop-shop solution to build trading platforms. Through Vacuumlabs’ fusion of full-scale product development and the power of Bitpanda’s APIs and licences, traditional banks and online platforms “will be empowered to offer… Read More

September 21, 2023 @ 11:11 am By Omar Faridi  |  

Web3 software technology company, Consensys, announced the launch of its pre-accelerator program, Consensys Fellowship in order “to support early stage web3 startups.” Consensys has heard a consistent need from web3 builders “for more support for early stage startups who often suffer from an education, mentorship… Read More

September 21, 2023 @ 10:51 am By Omar Faridi  |  

We recently connected with Diego Lizarazo, Director of Developer Relations at Agoric. Recently, Amazon launched Cloud Tools (AMB Access and Query services), which make it easier for developers to create decentralized applications. While this is a step in the right direction, more needs to be… Read More

September 21, 2023 @ 9:44 am By Omar Faridi  |  

Blockchain Founders Group and Concordium have entered into a partnership. Concordium is a permissionless Layer 1 that balances privacy with accountability, providing a fast, secure, and high-scale blockchain platform to build a safer tomorrow. As covered, Concordium is a Layer 1, “science-backed” blockchain, that balances… Read More

September 21, 2023 @ 8:53 am By Omar Faridi  |  

Cross-border payments company bridge21 announced its partnership with Bitso, the Financial Company powered by Crypto in Latin America, in order “to expand their support for local payments from the US, throughout Latin America.” According to a report, the overall cross-border payment market “stood at $176.5… Read More

September 20, 2023 @ 10:24 pm By Omar Faridi  |  

Taurus SA, a digital asset technology provider, has signed a global partnership agreement with Deutsche Bank (NYSE: DB), one of the world’s major financial services providers. As part of the collaboration, Deutsche Bank will integrate Taurus’ market-leading technology to establish digital asset custody and tokenization… Read More

September 20, 2023 @ 10:04 pm By Omar Faridi  |  

HTX (previously known as Huobi), the virtual assets exchange, announced a partnership with CertiK, which is focused on blockchain security. This partnership aims “to improve HTX’s existing security infrastructure with asset and data protection by integrating CertiK’s specialized expertise.” Both HTX and CertiK will continue… Read More

September 20, 2023 @ 7:49 pm By Omar Faridi  |  

The INX Digital Company, Inc., a US-regulated broker-dealer, ATS, and transfer agent, announced the official launch of Nabatech, the joint venture created in partnership with SICPA, a global figure in authentication and secure traceability solutions. Nabatech is a direct result of INX and SICPA’s collaboration… Read More

September 20, 2023 @ 10:33 am By JD Alois  |  

The parents of jailed FTX founder Sam Bankman-Fried have been sued by what remains of the company. According to a court filing, Joseph Bankman and Barbara Fried, both Stanford University professors, allegedly enriched themselves prior to the collapse of what was once one of the… Read More