Blockchain & Digital Assets

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

Bitcoin Taproot Address Supported on Kraken

Digital asset firm Kraken is pleased to announce that their crypto trading platform now supports withdrawals to Taproot (Bech32m) Bitcoin addresses. Taproot is “an upgrade to the Bitcoin protocol that aims to improve the privacy and efficiency of the world’s first and largest cryptocurrency.” Taproot… Read More

Hashgraph Association Funds First Round of Projects for Innovation Program

The Hashgraph Association has announced the funding of its first round of projects for its innovation program. Based in Switzerland, the Hashgraph Foundation aims to accelerate the adoption of its distributed ledger technology.  Hashgraph states there are three cohorts of 12 projects each which will… Read More

Digital Assets: Kava, Bitget Exchange Aim to Bring More Traders into Web3

Kava has partnered with cryptocurrency trading platform, Bitget. The partnership includes the KAVA token listing on the Bitget exchange Innovation Zone. By partnering with Bitget, Kava aims “to increase the liquidity of KAVA tokens by making it easier for users to access a wide range… Read More

OKX Chain Introduces Liquid Staking to Improve Holders’ Assets Liquidity, Utilization

OKC (OKX Chain), the EVM and IBC-compatible chain backed by OKX – the world’s “second-largest” crypto exchange by trading volume, announced the launch of their Liquid Staking protocol. Liquid Staking is meant to be “a key element for the rapidly-expanding DeFi ecosystem on OKC, offering… Read More

Sam Bankman-Fried Expected to be Extradited to the US Soon, Predicted to Make Bail

Sam Bankman-Fried is expected to be extradited to the US perhaps as early as this week, according to a report. The former CEO of bankrupt crypto exchange FTX was in court this week and is expected not to fight extradition from the Bahamas. Previously, it… Read More

Annus Horribilis for Crypto: Bitfinex Publishes Open Letter on Tough Year for Digital Assets

In an understatement, Bitfinex’s CTO (as well as Tether’s) Paolo Ardoino, has labeled 2022 as the annus horribilis for crypto markets. From multiple bankruptcies, hacks, and regulatory challenges, the digital asset sector has had a challenging year. As it looks today, the path remains murky. Ardoino… Read More

BlockTower Credit, MakerDAO to Fund $220M of Real-World Assets via Centrifuge

The team at Centrifuge is pleased to close the year with the official launch of a $220 million fund with their partners BlockTower Credit and MakerDAO. The executive vote passed on Sunday, December 11, and Maker will “deploy four vaults to fund investments in real-world… Read More

Binance Pay, Pyypl to Bring Users a Secure Online Transaction Experience

The world of blockchain and crypto is becoming ever more “integrated” into our everyday lives as the Web3 space continues to grow, according to an update from Binance. To help their users do more with their Binance account, the digital asset firm has partnered with… Read More

Alibaba Cloud to Provide Blockchain Node Service to Support Growth of Web 3.0 Ecosystem

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group,  announced a roadmap for the launch of its first Blockchain Node Service. Scheduled for the first quarter of 2023, the Blockchain Node Service will “support the growth of the evolving Web3.0 ecosystem and better… Read More

Blockchain Intelligence Group Adds Cardano, Stacks Blockchain Support

Blockchain Intelligence Group, a key player focused on blockchain investigations, owned by BIGG Digital Assets, Inc. (CSE: BIGG), announced the availability of the Cardano and Stacks blockchains on its platform, which “provides crypto firms, law enforcement, banks and government intelligence and security for cryptocurrency transactions.”… Read More

Umbria Network Provides Updates on Web3 Ecosystem Expansion Efforts

Umbria Network recently shared key updates, milestones from 2022 including new products, bridges and partnerships. The platform’s developers also provided updates on their expansion efforts within the Web3 ecosystem. In addition to the recently reported increase in transactions on its cross-chain bridge platform, Umbria Network… Read More

Digital Asset Management Platform LumiShare Raises $3.2 Million in Funding led by Abu Dhabi Royal Family

LumiShare (previously IllumiShare), a digital asset management ecosystem, has raised $3.2 million in a funding round led by the Abu Dhabi royal family. According to a company statement, the funds were part of the early stages of its Abu-Dhabi-licensed $SRG token presale.  The funding will… Read More

Tokenization Platform Bitbond Adds Fantom Blockchain Support

Bitbond has added support for Fantom Blockchain, according to a statement issued by the company. Fantom Blockchain is a high-performance distributed ledger technology that aims to provide a superior alternative to established blockchains. Fantom touts its “unparalleled speed, security, and reliability” along with instant transactions… Read More

Coinshares Trades on NASDAQ Stockholm

CoinShares International Limited (Nasdaq Stockholm: CS)(OTCQX: CNSRF), a European digital asset platform, has listed its shares on Nasdaq Stockholm’s main market. CoinShares was approved to trade its shares earlier this month with a prospectus published on December 14th. There was no capital raise with the… Read More

Voyager Digital to Sell to Binance US

Voyager Digital, a crypto firm working its way through bankruptcy, is selling its assets to Binance US – the US facing subsidiary of global crypto exchange Binance. Voyager fell prey to the various crypto failures as it found itself on the wrong end of a… Read More

Crypto Winter Has Not Affected Demand from High Net Worth Investors, Report Reveals

Talos, the premier provider of institutional digital asset trading technology, released survey findings from Coalition Greenwich revealing that US Financial Advisors (FAs) are fielding significantly “increased demand from investors for digital assets despite the current crypto winter.” Conducted in partnership with Talos, the survey reported… Read More

United Fintech Acquires Cobalt to Enhance FX, Digital Assets Trading Capabilities

United Fintech, the end-to-end solution for banking technology, announced the 100 percent acquisition of Cobalt, the provider of critical risk and data services to the FX and digital asset markets. The acquisition elevates United Fintech’s position “as the leading end-to-end solution connecting financial institutions with… Read More

ADDX Partners with Securities brokerage CGS-CIMB to Offer Access to Private Securities

Securities brokerage CGS-CIMB Singapore has enabled access to ADDX, a digital securities private market. Accredited investors may now access ADDX offerings on CGS-CIMB. Previously, CGS-CIMB mainly offered traditional securities. ADDX offers access to its listed deals via a plugin to simplify integration.  CGS-CIMB was one… Read More

Fireblocks, a Digital Asset Service Provider, to Receive C4 Certification

Fireblocks, an “easy-to-use” platform to create innovative products on the blockchain and manage day-to-day crypto operations, announced that it has become the first company to have its digital asset infrastructure system “certified by the CryptoCurrency Certification Consortium (C4) as a CryptoCurrency Security Standard (CCSS) Level… Read More

EY, TaxBit to Support Tax Reporting Requirements for Digital Assets

The EY organization announced an alliance between TaxBit, a tax and accounting technology provider for cryptocurrency and other digital assets (e.g., non-fungible tokens (NFTs)), and Ernst & Young LLP (EY US) “to help organizations meet tax reporting requirements for digital assets.” Regulators are starting “to… Read More

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