Blockchain & Digital Assets

May 5, 2023 @ 8:17 am By Omar Faridi  |  

Zodia Custody has announced plans to become a net-zero company by 2050, as a signatory of the taskforce for leading tech companies fighting climate change, Tech Zero. With over 300 tech companies already among the signatories, Zodia Custody is reportedly the first digital asset custodian… Read More

May 4, 2023 @ 10:48 am By JD Alois  |  

Digital asset enabler Paxos has been recruited by Fierce to provide crypto services. Fierce is a neobank that offers a “super app” that includes an FDIC-insured checking account, a no-fee Debit Card, fractional stock, ETF trading, and more. Fierce banking services are provided in partnership… Read More

May 3, 2023 @ 10:21 pm By Omar Faridi  |  

ADIA Lab, the Abu Dhabi-based institute dedicated to basic and applied research in data and computational sciences, has partnered with CrunchDAO, a research team of data scientists leveraging Web3 and machine learning to produce next-generation financial insights, “to launch the ADIA Lab Market Prediction competition… Read More

May 3, 2023 @ 10:00 pm By Omar Faridi  |  

Video is a popular and engaging form of media that creators leverage to connect with their communities and share content across platforms. And as such, it has played a crucial role in the development of the online creator economy. However, there have been some limitations… Read More

May 3, 2023 @ 7:22 pm By JD Alois  |  

The House Financial Services Committee has announced two new hearings of note – both scheduled for Wednesday, May 10th. First, the Committee will hold a hearing on the recent bank failures as bank carcasses continue to pile up. The Subcommittee on Financial Institutions and Monetary… Read More

May 3, 2023 @ 5:06 pm By Omar Faridi  |  

Following the Investor and Marketplace Alert dated 12 April 2023 in relation to opnx.com (OPNX) conducting unregulated activity, Dubai’s Virtual Assets Regulatory Authority (VARA) has issued “a formal Letter of Reprimand to OPNX and its founders” for the following: Carrying out VA Exchange Services on… Read More

May 3, 2023 @ 1:26 pm By Omar Faridi  |  

Mantle, a high-performance, modular Ethereum layer-2 network, has announced a partnership with Ankr ahead of its upcoming mainnet launch in Q2 2023. Ankr, a web3 development hub and node infrastructure provider, is “the latest partner to join the Mantle ecosystem, and will be the first… Read More

May 3, 2023 @ 1:23 pm By Omar Faridi  |  

Bitdeer Technologies Group (NASDAQ: BTDR), a technology company for the cryptocurrency mining community, and Druk Holding & Investments (DHI), the commercial arm of the Royal Government of Bhutan, announce a strategic partnership in order “to develop environmentally sustainable, carbon-free digital asset mining operations in the… Read More

May 3, 2023 @ 10:19 am By Omar Faridi  |  

The B.C. Securities Commission recently alleged that a defunct cryptocurrency platform based in Nanaimo on Vancouver Island allegedly carried out a massive securities fraud by intentionally and illegally diverting customer funds to crypto gambling websites. In a notice issued in April 2023, the Commission said… Read More

May 3, 2023 @ 8:28 am By Omar Faridi  |  

On April 25th, 2023, the FBI’s Detroit Field Office, with assistance from the Virtual Currency Response Team (VCRT), the Cyber Police Department and Main Investigation Departments of the National Police of Ukraine, and the Prosecutor General’s Office of Ukraine, reportedly “conducted coordinated, court-authorized activity involving… Read More

May 2, 2023 @ 11:43 pm By Omar Faridi  |  

Wormhole Foundation recently announced the launch of Wormhole Connect, which is described as a simple cross-chain integration solution for decentralized applications (dApps). Wormhole Connect will “provide developers with access to token bridging functionality in as little as three lines of code.” Wormhole Connect is “a… Read More

May 2, 2023 @ 7:19 pm By Omar Faridi  |  

The team at Robinhood (NASDAQ:HOOD) have introduced new features to simplify access to Web 3. According to the firm, Robinhood Connect helps “make Robinhood Crypto the most trusted, lowest cost and easiest to use crypto on-ramp.” Recently, at Consensus 2023, Robinhood Crypto GM Johann Kerbrat… Read More

May 2, 2023 @ 4:44 pm By JD Alois  |  

  Markets in Crypto-Assets legislation or MiCA was approved by the European Parliament two weeks ago. The digital asset framework aims to provide harmonized rules for all European Member states – enabling innovation while providing sufficient protections for markets and investors. At the same time,… Read More

May 2, 2023 @ 4:04 pm By JD Alois  |  

Temasek has taken the extraordinary step of refuting internet chatter that it has invested in Array. Array is an “omni-chain protocol for application-oriented decentralized asset management” that aims to create a “next-generation algorithmic currency system.” Temasek is a “generational investor” and global investment company headquartered… Read More

May 2, 2023 @ 10:02 am By JD Alois  |  

Last week, digital asset fund flows delivered $72 million in outflows – the second consecutive week of exits. Speculation is that a looming Federal Reserve rate hike has cooled the digital asset market. According to the report by CoinShares,  Bitcoin saw the majority of outflows… Read More

May 1, 2023 @ 9:45 pm By Omar Faridi  |  

Galaxy Digital Holdings Ltd. (TSX: GLXY), a financial services and investment management innovator in the digital asset and blockchain technology sector, and DWS, which claims to be one of the world’s leading asset managers, have entered into a strategic alliance with the aim of initially… Read More

May 1, 2023 @ 9:41 pm By JD Alois  |  

Exodus Movement (tZERO: EXOD), a company that offers a self-custodial cryptocurrency platform, has announced full 2022 results. According to the company, revenue for the year sank by 47%, dropping to $50.6 million in comparison to $95.8 million during 2021. The net loss for 2022 was… Read More

May 1, 2023 @ 8:55 pm By Omar Faridi  |  

The team at Binance are pleased to announce the launch of Binance Sensei, their new AI-powered tool on the Binance Academy platform, which can be used “to enhance your Web3 learning experience.” Over the course of the last year, they’ve seen deep-learning systems such as… Read More

May 1, 2023 @ 4:59 pm By Omar Faridi  |  

At Alpaca, their vision is to build a global de facto standard infrastructure for investing, and for that, they claim it is critical that they continue to provide technology infrastructure to support this vision. They prioritize their API platform, “designed with developers in mind, and… Read More

May 1, 2023 @ 10:31 am By Omar Faridi  |  

Utilizing Nansen‘s suite of products, projects in Google’s Web3 startup program can leverage on-chain data to stay ahead of the competition and navigate uncharted waters. Nansen, a blockchain data analytics platform, will be working with Google Cloud in order “to provide real-time, high-quality blockchain data… Read More