Blockchain & Digital Assets

March 21, 2023 @ 8:45 am By Omar Faridi  |  

The UK has an “impressive” innovation infrastructure, including major research universities and levels of investment in Fintech only exceeded by the US, according to an update shared by Coinbase (NASDAQ:COIN). This has “contributed to the UK’s success in incubating and hosting some of Europe’s largest… Read More

March 20, 2023 @ 7:19 pm By Omar Faridi  |  

RockX, a blockchain node network headquartered in Singapore, announces the launch of Bedrock — the world’s first AML and KYC compliant, institutional-grade Ethereum liquid staking platform to have gone live to the public. Bedrock is described as “a non-custodial, on-chain and independent liquid staking solution… Read More

March 19, 2023 @ 7:18 pm By Omar Faridi  |  

Okcoin is pleased to announce “the appointment, subject to regulatory approval, of Erald Ghoos as General Manager of Okcoin Europe, based in Malta, and David Renold as Chief Executive Officer of OKG Payments, Okcoin’s Ireland-based affiliate.” OKG Payments plans “to provide permitted products and services… Read More

March 19, 2023 @ 2:50 pm By Omar Faridi  |  

Juniper Research specializes in identifying and appraising new high-growth market sectors within the digital ecosystem. They provide market research covering 90 technology markets. Their research reports form the basis on which their analysts make various predictions. As noted in an update shared by Juniper Research,… Read More

March 19, 2023 @ 2:43 pm By Omar Faridi  |  

The Central Bank of the United Arab Emirates (CBUAE) and the Reserve Bank of India (RBI) signed recently a Memorandum of Understanding (MoU) in Abu Dhabi, United Arab Emirates to enhance cooperation and jointly enable innovation in financial products and services. Under the MoU, the… Read More

March 18, 2023 @ 2:57 pm By Omar Faridi  |  

National Australia Bank (NAB) has completed an intra-bank cross-border transaction using NAB-issued stablecoin, which represents a “world-first” by a major financial institution on a layer-one public blockchain. This pilot transaction on the public and permissionless Ethereum blockchain “involved deployment of stablecoin smart contracts for seven… Read More

March 18, 2023 @ 2:27 pm By Omar Faridi  |  

TRM Labs, which claims to be the leader in blockchain intelligence solutions, announced the availability of new, on-demand Crypto Compliance and Investigations Certifications within TRM Academy. TRM Academy is “an online learning portal featuring an extensive library of self-service digital courses and certifications, created for… Read More

March 18, 2023 @ 2:17 pm By Omar Faridi  |  

HashKey Group and SlowMist are pleased to announce a strategic partnership to collaborate on digital asset ecosystem security, anti-money laundering for digital assets, cutting-edge security technology research, and other technology fields. The goal of the partnership is “to explore and develop comprehensive security standards and… Read More

March 18, 2023 @ 11:52 am By Omar Faridi  |  

Xapo Bank now supports near-instant pounds Sterling payments and from the United Kingdom. Xapo Bank confirmed in a blog post that they are pleased to announce that they have joined the Faster Payment System (FPS). This means their members can now “send Pounds Sterling directly… Read More

March 17, 2023 @ 5:09 pm By JD Alois  |  

Earlier this week, lost in the cacophony of the broader banking crisis, Anchorage Digital announced that it was “restructuring” and letting go 75 employees or 20% of its workforce. Anchorage said their “long-term vision” requires a certain amount of agility as things change. The “strategic… Read More

March 17, 2023 @ 4:52 pm By Omar Faridi  |  

Digital asset firm Copper is pleased to announce the successful completion and certification of their SOC2 Type 2 assessment. Tim Neill, Chief Risk Officer at Copper, said: “I am delighted to share with you that Copper has been awarded a significant certification: SOC 2. The… Read More

March 17, 2023 @ 2:45 pm By Omar Faridi  |  

Archax, which claims to be the first FCA regulated digital asset exchange, broker and custodian, announced the official launch of its primary raise platform and its first postings including ScribeStar and Circularr. The platform will give start-ups and early-stage businesses “access to raise capital from… Read More

March 16, 2023 @ 6:23 pm By Omar Faridi  |  

VirtuSwap has reportedly integrated PARSIQ’s Tsunami API for real-time synchronization and automation of (decentralized exchange) DEX trading pools. This should help with enhancing efficiency for traders and Liquidity Providers (LPs). VirtuSwap is described as “a decentralized exchange (DEX) built on the Polygon network.” Their unique… Read More

March 16, 2023 @ 10:19 am By JD Alois  |  

Circle, the issuer of dollar-based stablecoin USDC, was hammered when it was announced that the Fintech held $3.3 billion at Silicon Valley Bank (NASDAQ:SIVB). For a long minute, things looked a bit dire. That reversed when the federal government decided to back all deposits –… Read More

March 16, 2023 @ 8:11 am By Omar Faridi  |  

Cashlink, the Frankfurt-based Fintech providing infrastructure for tokenized assets, has closed a Series A funding round in the mid-seven-figure range. New investors on board “include Swiss venture capitalist TX Ventures, as well as Futury Capital, Beteiligungs-Managementgesellschaft Hessen and several business angels.” In addition, existing investors… Read More

March 15, 2023 @ 10:37 pm By Omar Faridi  |  

Wemade Co., Ltd, which claims to be one of the largest publicly-listed gaming companies in South Korea with a market capitalization of $1.4 billion, has announced a strategic partnership with Space and Time (SxT), a key player focused on decentralized data warehousing. The partnership will… Read More

March 15, 2023 @ 10:27 pm By Omar Faridi  |  

This is notably the first ‘directly integrated’ open banking API in MENA’s crypto sector. The collaboration will allow Rain customers in Bahrain “to quickly and easily top-up their crypto wallets via bank transfer through the Rain app.” Tarabut Gateway, which claims to be one of… Read More

March 15, 2023 @ 7:11 pm By Omar Faridi  |  

Wirex, a crypto payments platform, has partnered with card issuer, Novatti, to directly issue cards to Australians. The announcement has the potential “to allow over 20 million people to utilize their innovative multicurrency card every day.” Wirex claims that it “developed the world’s first crypto-enabled… Read More

March 15, 2023 @ 6:30 pm By Omar Faridi  |  

As Coinbase (NASDAQ:COIN) prepares to ramp up their international expansion over the next 8 weeks, they are beginning this journey in Singapore. Their upgraded retail platform, in addition to their new strategic banking partnership with Standard Chartered, aims “to provide you with a seamless, safe,… Read More

March 15, 2023 @ 12:36 pm By JD Alois  |  

Bitfinex Derivatives has announced a range of perpetual contracts for some global commodity indices. Bitfinex noted that the contracts are only available for certain accounts in certain jurisdictions. The platform said the commodity contracts will allow Bitfinex Derivatives customers to trade products usually available on… Read More