Blockchain & Digital Assets

August 22, 2023 @ 9:14 pm By Omar Faridi  |  

When Hyperion Decimus Founders Chris Sullivan and Matt Rosen launched the quant fund they had one “headache” to solve: mitigating counterparty risk. Self-custody wasn’t secure enough, so they “started the process of carefully vetting potential custodians.” That’s how they reportedly chose BitGo. Sullivan said: “BitGo… Read More

August 22, 2023 @ 5:08 pm By Omar Faridi  |  

Two of the most “trusted” brands in Web3 and payments integrate in order to help users explore crypto. The teams at PayPal (NASDAQ:PYPL) and Ledger are pleased to announce “an on-ramp integration with PayPal, allowing users to explore crypto in a convenient, simple and secure… Read More

August 22, 2023 @ 4:41 pm By JD Alois  |  

Digital asset bank Anchorage will soon power EDX Markets custody service. According to a release by the firm, the institutional crypto exchange EDX will utilize Anchorage for its clearinghouse service or EDX Clearing. EDX is a new digital asset marketplace aiming to provide services to… Read More

August 22, 2023 @ 2:35 pm By JD Alois  |  

EchoPay and Token.io have partnered to offer “account to account” (A2A) payments for wholesale merchants in the UK. Token.io is an open banking provider for the payments industry. The company reports that it processes payments for millions of merchants worldwide, including HSBC, Mastercard, BNP Paribas,… Read More

August 22, 2023 @ 11:17 am By Omar Faridi  |  

Binance Labs, the venture capital and incubation arm of Binance, has invested in Delphinus Lab, an infrastructure provider that has implemented the first known open-source zkWASM virtual machine that supports trustless computation and application SDKs. zkWASM technology enables developers “to craft zero-knowledge (ZK) applications using… Read More

August 22, 2023 @ 10:27 am By Omar Faridi  |  

European digital asset fund manager CoinShares (Nasdaq Stockholm: CS) has released its digital asset fund flows Weekly report. As noted in a blog post by the firm’s management, disappointment from SEC ETF decisions has impacted sentiment. According to the update from CoinShares, digital asset investment… Read More

August 22, 2023 @ 10:23 am By Omar Faridi  |  

FluidAI, the fintech making tokenized market access more efficient for institutions, trading platforms, and retail investors, has announced a partnership with I-X, Imperial College London’s artificial intelligence (AI) initiative. It marks the “first-known” AI partnership at “a globally renowned university to be partially funded by… Read More

August 22, 2023 @ 8:03 am By Omar Faridi  |  

Anthony Leutenegger, Head of Growth at Aragon, the DAO (decentralized autonomous organization) platform that grows with you and allows users to mint tokens, set governance, and easily onboard members, recently shared his views and insights with Crowdfund Insider. Anthony Leutenegger of Aragon discussed the launch… Read More

August 21, 2023 @ 10:25 pm By Omar Faridi  |  

In order to make it possible for companies from all over the world to connect with Latin America to do business, Bitso —the financial services company powered by crypto in Latin America, with more than 1,500 institutional clients globally— announced “that it is expanding its… Read More

August 21, 2023 @ 9:28 pm By Omar Faridi  |  

Colt Technology Services, the digital infrastructure company, announced a new partnership with AsiaNext. The partnership will see AsiaNext “benefit from a suite of Colt’s secure, high performance digital infrastructure solutions – including Multicast Market Data in the Cloud and PrizmNet – to facilitate high frequency… Read More

August 21, 2023 @ 8:56 pm By Omar Faridi  |  

With the integration of Copper’s ClearLoop network, institutional clients can now securely store their digital assets in Copper’s MPC (multi-party computation) wallet while enjoying rapid settlement when trading on Bitget. Bitget, a crypto derivatives and copy trading platform, announces “the successful integration with Copper’s ClearLoop… Read More

August 21, 2023 @ 3:39 pm By Omar Faridi  |  

Qraft Technologies, an invest-tech company specializing in artificial intelligence investing solutions, has formally entered into a strategic partnership with Hex Trust, the institutional-grade digital asset custodian licensed across global financial hubs. With the signing of the Memorandum of Understanding (MoU), Qraft will “develop digital asset… Read More

August 21, 2023 @ 11:36 am By JD Alois  |  

The SEC has charged Titan Global Capital Management, described as a “Fintech investment advisor,” with touting hypothetical performance that was misleading. Titan has settled the allegations without admitting or denying the SEC’s claims. The firm has paid a small penalty of $192,454 in disgorgement as… Read More

August 21, 2023 @ 11:08 am By JD Alois  |  

The hacks and thefts are too numerous to remember. The crypto sector is a field littered with poorly crafted security protocols, stolen funds, and apologetic management. Most recently, Exactly Protocol is said to have been the target of an attack that saw over $7 million… Read More

August 21, 2023 @ 10:24 am By JD Alois  |  

The business case for the adoption may be improving for the tokenization of assets – typically securities or real-world assets that may benefit from distributed ledger technology to remove intrinsic friction from current standards. This is according to a recent report produced by McKinsey entitled,… Read More

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

The partnership will see Northstake extend its virtual asset investment products to Coinify’s premier clients, accelerating institutional exposure to the crypto-staking industry. Northstake A/S, a regulated virtual asset service provider offering compliant staking products for institutions, has announced a strategic partnership with Coinify. Coinify is… Read More

August 21, 2023 @ 8:41 am By Omar Faridi  |  

The Avalanche Foundation is providing up to $3 million in AVAX tokens to Dexalot, the central limit order book (CLOB) decentralized exchange (DEX) built “on an Avalanche Subnet.” The incentives come from Avalanche Multiverse, “a comprehensive program nurturing Avalanche Subnet growth and adoption.” Dexalot’s Subnet… Read More

August 20, 2023 @ 11:33 pm By Omar Faridi  |  

Web3 software technology company, Consensys, announces the completion of the public launch of its Layer 2 blockchain solution Linea. This milestone follows the Linea mainnet “going live at EthCC in Paris.” In the first month of Linea’s mainnet going live, the L2 blockchain “saw a… Read More

August 20, 2023 @ 10:11 pm By Omar Faridi  |  

The UK’s Financial Conduct Authority (FCA) is setting out their expectations for crypto-asset businesses that need “to comply with a change in money laundering legislation legislated by government in July 2022.” From 1 September 2023, crypto-asset businesses in the UK will be “required to collect,… Read More

August 20, 2023 @ 10:03 pm By Omar Faridi  |  

ZetaChain, the layer-one blockchain that brings universal interoperability to crypto, has closed a $27 million equity funding round from a range of top participants. The participants in the equity round “include Blockchain.com, Human Capital, VY Capital, Sky9 Capital, Jane Street Capital, VistaLabs, CMT Digital, Foundation… Read More