Blockchain & Digital Assets

March 5, 2023 @ 9:03 pm By Omar Faridi  |  

With over $130 billion of quarterly institutional trading volume and over $50 billion of institutional assets on platform, Coinbase (NASDAQ:COIN) claims it “operates at the center of the institutional digital asset market.” Their products are purpose-built “to provide secure access to digital assets and Web3…. Read More

March 5, 2023 @ 8:05 pm By Omar Faridi  |  

TaxBit, the tax and accounting provider for digital assets, announced it has been selected by Cash App in order “to help provide the necessary crypto tax forms to the 10+ million Cash App users who have bought or held Bitcoin since 2019.” Lindsey Argalas, COO… Read More

March 5, 2023 @ 6:30 pm By Omar Faridi  |  

Eric Parker, co-founder and CEO of Giddy, a provider of cryptocurrency wallets, recently shared his views and insights exclusively with Crowdfund Insider. Parker talked about the different opportunities that consumers may be willing to explore in the nascent DeFi space. He also touched on some… Read More

March 4, 2023 @ 2:34 pm By Omar Faridi  |  

Crime fighters worldwide have seen “an alarming uptrend in both traditional and crypto-related scams since the onset of the COVID-19 pandemic,” according to an update from Binance. Over the past years, Binance has been “engaging in discussions with law enforcement agencies worldwide about how to… Read More

March 4, 2023 @ 12:11 pm By JD Alois  |  

Silvergate (NYSE:SI) has halted its Silvergate Exchange Network (SEN), an API service for banking customers to allow 24/7/365 real-time transfers for institutional investors active in the digital asset sector. Silvergate said it was making a “risk-based decision to discontinue the SEN,” adding that all other… Read More

March 4, 2023 @ 11:08 am By Omar Faridi  |  

Bybit, the world’s “third most” visited crypto exchange, has announced a dynamic partnership with Talos, the institutional digital asset trading technology provider. The integration “combines the power of Talos’s robust trade infrastructure solutions with Bybit’s access to a wide array of digital assets and best-in-market… Read More

March 4, 2023 @ 10:53 am By Omar Faridi  |  

Xapo Bank, a Bitcoin custodian and licensed private bank, has partnered with Lightspark and integrated with the Lightning Network “to enable lightning-fast Bitcoin payments for its customers.” Xapo Bank members “can now instantly pay for small purchases of up to $100 USD at any vendor… Read More

March 3, 2023 @ 4:58 pm By Omar Faridi  |  

Binance has made an investment in Nomad Capital, a newly established crypto venture fund, as part of Binance’s continued efforts “to support the larger crypto ecosystem.” As mentioned in their blog post, Nomad Capital adopts “a hands-on approach to help their portfolio projects grow and… Read More

March 3, 2023 @ 10:47 am By Omar Faridi  |  

Kraken is pleased to announce that Kraken’s OTC Portal is now integrated within Kraken Pro. This integration “allows OTC clients to access the features and functionality they know and love from our OTC Desk via a fully automated, self-service UI.” You may access the OTC… Read More

March 3, 2023 @ 9:17 am By Omar Faridi  |  

EquiLend announces that it has selected Digital Asset in order “to provide the distributed ledger technology underpinning the EquiLend 1Source initiative.” Unveiled in July 2022 as part of EquiLend’s Digital Transformation Working Group, which consists of many of the world’s largest banks and broker-dealers, 1Source… Read More

March 2, 2023 @ 7:43 pm By JD Alois  |  

Congressman Patrick McHenry, Chair of the House Financial Services Committee, and Senator Cynthia Lummis, have co-authored a letter addressed to federal regulators demanding regulatory clarity on digital assets. Both elected officials are known for their support of Fintech innovation. Lummis has co-authored legislation aiming to… Read More

March 2, 2023 @ 7:32 pm By JD Alois  |  

Shares in Silvergate Capital Corporation (NYSE:SI) continue to nosedive shares closed today at $5.72/share, losing over 57% of its value in a single day. Silvergate’s market capitalization is now under $200 million. Following the news that Silvergate was unable to publish its annual report (1o-K), along… Read More

March 2, 2023 @ 3:31 pm By JD Alois  |  

The House Financial Services Committee burst out of the gates earlier this year with hearings on issues that impact investment crowdfunding and other Fintech-related topics. Today, the Committee is announcing more hearings of interest taking place on various Subcommittees. A week from today, on Thursday,… Read More

March 2, 2023 @ 3:20 pm By JD Alois  |  

Senators Elizabeth  Warren, Chris Van Hollen, and Roger Marshall have joined in sending a letter to Changpeng “CZ” Zhou, demanding information pertaining to the operations of Binance, the crypto exchange he founded. The three Senators request that CZ provide “information regarding growing concerns over the finances,… Read More

March 2, 2023 @ 12:11 pm By Omar Faridi  |  

Founder and CEO Leo Mizuhara and Cumberland Labs are pleased to announce the launch of Hashnote, the first fully regulated, institutional-grade investment management platform for DeFi. Hashnote is “backed with US$5mn of investment from Cumberland Labs, an early-stage blockchain incubator launched by the partners of… Read More

March 2, 2023 @ 11:21 am By Omar Faridi  |  

Aventus, a Web3 solutions provider for enterprises, has partnered with Nexos Technologies, a digital payments and banking platform providing open banking and payment solutions, in order “to bring blockchain-enabled solutions to the digital banking and payments sector.” Nexos Technologies has deep domain expertise “in traditional… Read More

March 2, 2023 @ 10:25 am By JD Alois  |  

  Sara Hanks has joined the Advisory Board of Upstream – part of Horizon. Upstream is a MERJ Exchange market providing liquidity for digital securities. MERJ supports both global issuers of traditional and digital securities indlucing issuance, trading, clearing, settlement, and registry. Hanks is well… Read More

March 2, 2023 @ 8:53 am By JD Alois  |  

As was reported yesterday, Silvergate Capital Corporation (NYSE:SI) has announced it will be unable to meet its deadline in posting its annual report (10-K) for 2022 and will not be able to make the extended deadline of March 16, 2023. Following the announcement, shares tanked by… Read More

March 1, 2023 @ 9:21 pm By JD Alois  |  

Former acting Comptroller of the Currency Brian Brooks has joined the board of the HBAR Foundation. The HBAR Foundation is the entity that is guiding the adoption of the Hedera blockchain – a distributed ledger is an enterprise-grade public network. While at the Office of… Read More

March 1, 2023 @ 8:39 pm By JD Alois  |  

Silvergate Capital Corporation (NYSE:SI), once a high flying, an innovative bank serving the digital asset industry, filed a notice with the Securities and Exchange Commission (SEC) today indicating it was unable to file its annual report or 10K on time. Additionally, the bank stated that… Read More