Blockchain & Digital Assets

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

Hong Kong: IOST Collaborates with Fintech, Digital Transformation Professional to Establish Global Education DAO

IOST is pleased to announce a collaboration with Professor Emil Chan, a Fintech visionary and digital transformation professional. Together, they will create NextEduDAO, a decentralized autonomous organization (DAO) dedicated to improving higher education “through innovation.” Their mission is “to establish a leading global education DAO… Read More

Chainalysis Acquires Transpose, a Blockchain Data and Infrastructure Firm

Chainalysis is announcing that their firm has acquired Transpose, a blockchain data and infrastructure company that makes building applications using web3 data fast and simple. Transpose customers are able “to build snappy user experiences, power wallet applications, analyze financial activity, fulfill tax and compliance requirements,… Read More

Bitcoin Mining Data Center Firm Cipher Mining Announces May 2023 Operational Update

Cipher Mining Inc. (NASDAQ:CIFR) has released its unaudited production and operations update for May 2023. Key Highlights for May 2023 are: BTC Mined: 493 BTC Sold: 513 BTC Held: 407 Deployed Mining Rigs” 59,000 Month End Operating Hash Rate: (EH/s) 6.0 During the month of… Read More

Blockchain Platform Nansen, Kaiko to Create Data Tool for DEX, CEX Markets

Nansen announces their partnership with Kaiko in order “to provide comprehensive market views for crypto teams and enterprises.” The team at Nansen confirms their recent collaboration with Kaiko, which is described as the foremost source of cryptocurrency market data, analytics, indices, and research. This working… Read More

HAYVN, a Digital Asset Focused Financial Institution, Obtains VASP License in Lithuania

HAYVN, a digital asset focused financial institution delivering Payments, Trading, Custody, Asset Management and Research services, has obtained a Virtual Asset Service Provider (VASP) license from the Lithuanian Financial Crime Investigation Service (FNTT). This regulatory approval “complements HAYVN‘s existing regulatory framework in the UAE, the… Read More

House Committee on Agriculture Schedules Hearing on Digital Assets

Next week on June 6th, the House Committee on Agriculture will hold a hearing on digital assets. The scheduled hearing is joined with the release of draft legislation for the digital asset ecosystem that was crafted by both the House Committee on Financial Services and… Read More

House Financial Services Committee and Agriculture Committee Share Draft Digital Asset Legislation, Leverages Existing Exemptions, Proposes New “Tailored Exemption”

Under the leadership of Republicans, the US House of Representatives continues to push forward on financial services policy matters that aim to support Fintch innovation. Today, the Chair of the House Financial Services Committee, Patrick McHenry, and the Chair of the Committee on Agriculture, Glenn… Read More

Web3: PayPal Ventures Leads $52M Round for Magic, a Non-Custodial Wallet-as-a-Service

Non-custodial wallet-as-a-service (WaaS) provider and web3 onboarding solution to expand its enterprise-ready product suite to support growing customer base. Magic, which claims to be the leading wallet-as-a-service (WaaS) provider, has announced it has raised $52 million in a strategic funding round led by PayPal Ventures,… Read More

Markets in Crypto-Assets regulation or MiCA Officially Signed Into Law in the EU

MiCA or Markets in Crypto-Assets – the legislation designed to create a regulatory ecosystem for digital assets in the European Union, has officially been signed into law. While the law had been previously approved and the signing is a formality, the legislation is now enforceable,… Read More

Circle to Launch USDC on Arbitrum

Stablecoin issuer Circle will launch USDC, its dollar-based stablecoin, on Arbitrum this  June 8th. Circle states that this version of USDC will eventually replace the currently circulating bridged version of USDC that comes from Ethereum – which becomes USDC.e. Arbitrum is a blockchain technology that… Read More

Binance Might Be Laying Off 20% of its 8000-Employee Global Workforce

Photo courtesy notionscapital on Flickr

Binance, which claims to be the world’s largest cryptocurrency exchange in terms of overall trading volume and scope of operations, recently revealed that it may be reassessing its workforce following numerous other industry-wide reports of layoffs and an extended bear market. On Wednesday (May 31,… Read More

Blockchain Data Analytics: Nansen, TRON to Deliver Deeper Insights into On-Chain Activity

Nansen recently announced their partnership with TRON in order to provide on-chain insights to their ecosystem. The team is pleased to work with TRON, which claims to be “one of the leading blockchain networks by TVL and activity.” TRON’s low fees and fast transaction speeds… Read More

Web3: Aptos Network, QuickNode Address Blockchain Challenges with Scalability, Interoperability to Support Web 3.0 Adoption

Aptos Network was created by a team of over 350 developers across the globe with the goal of solving the existing problems in Web3 that have been standing in the way of mass blockchain adoption. Aptos Network is now live on the QuickNode platform. The… Read More

Rakkar Digital Launches Institutional-Grade Qualified Digital Asset Custodian Services, Powered by Fireblocks

Rakkar Digital, a Singapore-based company providing digital asset custodian services to institutional and enterprise clients across Southeast Asia and Hong Kong, is pleased to announce the launch of Rakkar Digital Asset Custodian, powered by Fireblocks’ MPC-CMP direct custody technology. The announcement follows “a USD 10… Read More

Cambridge Centre for Alternative Finance Posts Research on Digital Assets and Cash Transfers for Aid

The Cambridge Centre for Alternative Finance (CCAF) has published a new study on the use of digital assets to facilitate cash-based transfers regarding humanitarian aid. CCAF, part of the Cambridge University Judge School of Business, is the top research entity in the Fintech sector.  The… Read More

BIGG Digital Assets Inc. Reports Financial Results for Q1 2023

BIGG Digital Assets Inc. (CSE: BIGG), owner of Netcoins, the online cryptocurrency brokerage that makes it easy for North Americans to buy, sell, and understand cryptocurrency, and Blockchain Intelligence Group, a developer of blockchain technology search, risk-scoring and data analytics solutions, is pleased “to report… Read More

UAE & Hong Kong to Collaborate on Crypto Policy, Look to Partner on Financial Services

The Central Bank of the United Arab Emirates (CBUAE) and the Hong Kong Monetary Authority (HKMA) have announced a move to strengthen policy collaboration on financial services, including digital assets. The announcement was revealed during a bilateral meeting in Abu Dhabi earlier this week. According to… Read More

Hong Kong: ZA Bank to Launch Digital Asset Trading Services for Retail Investors

ZA Bank, Hong Kong’s virtual bank, unveiled its plan to introduce virtual asset trading services for retail investors. With this move, ZA Bank is set “to support the Hong Kong SAR government’s vision to develop a vibrant sector and ecosystem for virtual assets.” ZA Bank’s… Read More

Manchester’s Energy Tech Firm UrbanChain Raises £5.25M Series A

UrbanChain announced that it has raised a £5.25m Series A round led by global investment firm Eurazeo through its venture expertise dedicated to the Climate and Smart City space. Launched in 2017, the Manchester headquartered energy technology company “runs the a peer-to-peer (P2P) energy exchange… Read More

CFTC Issues Staff Advisory on Digital Assets and Clearing, Commissioner Johnson Calls for Rulemaking on Crypto

The Commodity Futures Trading Commission (CFTC) has issued a staff advisory on the expansion of Derivatives Clearing Organization (DCO) clearing of digital assets. The advisory was said to be driven by the rising interest of DCOs to provide services in regard to crypto. The Advisory… Read More

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