Blockchain & Digital Assets

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

Blockchain Adoption: SEB, Crédit Agricole CIB Introduce so|bond, a Sustainable Platform for Digital Bonds Powered by DLT

SEB and Crédit Agricole CIB are jointly launching so|bond, a “sustainable and open” platform for digital bonds built on blockchain technology. Through the platform, issuers in capital markets will be able “to issue digital bonds onto a blockchain network, aiming at improving efficiency and enabling… Read More

Bitcoin Miner Marathon Digital Reports Strong March Results, Record 825 BTC Minted

Bitcoin has always been a volatile asset making significant moves in a relatively brief period of time. Currently, Bitcoin experiencing a solid rise in price due in part to the overall market and the current banking crisis. As it stands now, BTC is trading at… Read More

Canada: Coinsquare, CoinSmart, WonderFi to Combine to Launch Regulated Crypto Trading Platform

WonderFi Technologies Inc. Coinsquare Ltd. and CoinSmart Financial Inc. announced that they have entered into a business combination agreement “to combine their respective businesses.” The combined company will aim to “offer one of the largest regulated crypto asset trading platforms in the world and will… Read More

UK’s Acre, the Mortgage Intermediaries Platform, Secures £6.5M in Funding

Acre, the “one-click” mortgage intermediaries platform, has announced it has secured £6.5 million investment to grow its tech platform and enhance the process of buying a home. The McPike Global Family Office (MGFO), “joins returning investors Aviva and Founders Factory, to provide new funds to… Read More

Bahrain: Central Bank Issues Regulatory Framework for Digital Tokens, Supporting Crypto-Assets Market

The Central Bank of Bahrain has issued amendments to its Crypto-assets (“CRA”) Module in March 2023, “following a consultation process with the industry stakeholders.” The amendments aim “to cater to the ongoing developments in the crypto-assets markets and comply with the industry best practices while… Read More

Digital Assets: Unizen Partners with DWF Labs, a Crypto-Asset Market Maker, Web3 Investment Firm

Unizen is pleased to announce a partnership with DWF Labs, a global digital asset market maker and multi-stage Web3 investment firm. This collaboration will enhance their mission “to address the challenges faced by Web3 technology and create a seamless, frictionless experience for users by bringing… Read More

Web3: Blade Labs, Hedera’s Wallet Infrastructure Provider, Launches Products for Android, iOS, Unreal Engine

Blade Labs, Hedera’s wallet infrastructure provider, and the creators of the enterprise grade Blade Wallet, are announcing the launch of their suite of SDK integration products to further accelerate Web3 adoption. With the help of these new products, project developers can now quickly and easily… Read More

SEC Adds Charges to Beaxy Enforcement Action, Crypto Market Makers Charged as Unregistered Dealers

Last week, the Securities and Exchange Commission (SEC) charged beaxy with operating as a national securities exchange minus the authorization to do so. The SEC filed charges against founder beaxy Artak Hamazaspyan, and his company Beaxy Digital, Ltd., for raising $8 million in an unregistered… Read More

DeFi: Polytrade Finalizes $3.8M Round to Enhance Global Trade

Polytrade, a web3 protocol focused on global trade, has raised $3.8 million in a seed round led by Alpha Wave, Matrix Partners, Polygon Ventures, and CoinSwitch Ventures. Other contributors to the investment round “include Singularity Ventures and GTM Ventures.” The firm further reveals in a… Read More

Crypto Exchange OKX Deploys Alchemy Pay’s Fiat Onramp Solution for Seamless Purchases

OKX has launched the Alchemy Pay fiat-crypto on-ramp solution on its platform. Alchemy Pay’s payment on-ramp “supports fiat deposits with Visa and MasterCard, as well as numerous popular fiat mobile wallets in emerging markets.” The ramp integration “makes it easy for the public to access… Read More

Blockchain Protocol BlockBlend Remains Focused on Delivering Privacy to Cryptocurrency Users, Announces V2 Platform

The birth of blockblend.io in March of 2022 brought various privacy features to the crypto space. BlockBlend reportedly became a catalyst “allowing blockchain users to protect themselves and their anonymity.” Aimed at the retail level users, BlockBlend marks one year of operations “with their unique… Read More

Paxos Tops 10 million Active Digital Wallets Globally

Compliance-first digital asset firm Paxos has announced that it has topped ten million “active” digital wallets globally, according to a release distributed by the firm. Paxos is a regulated blockchain infrastructure platform that has inked partnerships with some of the biggest names in Fintech, including… Read More

Digital Asset Exchange Bittrex to Close Down US Operations, as Crypto Trading Volumes Decline Considerably

Bittrex Co-founder and CEO Richie Lai released the following statement on March 31, 2023 regarding Bittrex U.S. As clarified in the update, this announcement does “not impact Bittrex Global, which will continue operations as normal for its customers outside the U.S.” As noted in a… Read More

Germany: Boerse Stuttgart Digital Licensed by BaFin for Crypto Custody Business

As part of Boerse Stuttgart Digital, blocknox GmbH has received the final license for its business operations as a crypto custodian from the German Federal Financial Supervisory Authority (BaFin). Under the brand Boerse Stuttgart Digital, Boerse Stuttgart Group has “bundled all its cryptocurrency and digital… Read More

DLT, Web3: IOTA to Support DeFi Ecosystem with ShimmerEVM Test Chain Launch

IOTA, the non-profit organization driving the development of an open, feeless, and highly scalable distributed ledger technology (DLT) for Web3 applications and digital economies, announces the launch of the ShimmerEVM test chain on the Shimmer testnet. With IOTA launching its incentivized staging network Shimmer last… Read More

Passwordless Authentication: Binance Joins the FIDO Alliance in Preparation for Passkey Implementation

The team at Binance is pleased to announce that they have officially joined the FIDO Alliance, which is described as one of the most “influential” and largest associations focused on developing passwordless authentication standards. Binance says they are committed to providing their users “with the… Read More

Ethereum (ETH) Tools for Web3 Deployed by Electi Consulting, VeChain

Vechain explains that it is dedicated to building the optimal real-world-ready blockchain environment and “enabling full-scale adoption of web3 technologies.” Their Web3-as-a-service platform, VORJ, “offers builders one of the most versatile blockchain tool suites on the market, and caters for users with little-to-no experience building… Read More

Archax, an FCA-Regulated Digital Asset Exchange, Introducs Real-World Asset Tokenization Engine

Archax, the FCA-regulated digital asset exchange, broker, and custodian, today announced the launch of its tokenisation engine – “enabling the creation of tokens backed by any regulated or unregulated real-world or traditional asset.” Leveraging the benefits of Web 3.0 and blockchain technology, this new service… Read More

SEC Announces Judgement Against Barksdale Duo that Committed “Massive” Crypto Fraud

The Securities and Exchange Commission (SEC) has posted a notice that on March 15, 2023, the U.S. District Court for the Southern District of New York entered a final judgment against Defendants John and sister JonAtina (Tina) Barksdale ordering permanent injunctions, disgorgement with interest, and… Read More

Crypto Accounts at Signature Bank Given Eviction Notices

Signature Bank, soon to be part of Flagstar Bank (a subsidiary of New York Community Bancorp Inc.), has given the boot to deposits by crypto firms. According to multiple reports, the FDIC has crypto-affiliated accounts to leave by April 5th. After that, the check will… Read More

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