Blockchain & Digital Assets

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

Kraken to Allow Digital Asset Investors to Enhance Crypto Portfolios with Recurring Buys

The team at Kraken says you can keep calm and HODL on, because recurring buys are now available on the Kraken app. This new feature lets you “schedule your crypto purchases quickly and easily, which saves you time and can help ease the stress of… Read More

BlockFi Declares Bankruptcy in Wake of FTX Collapse

BlockFi has filed for bankruptcy under Chapter 11 in the US courts. The news has been widely rumored in the last few weeks as BlockFi’s destiny had been tied to the future of FTX, a crypto firm that filed for bankruptcy earlier this month. In… Read More

BVNK Said to Gain UK Electronic Money Institution Licence

BVNK has reportedly gained a UK Electronic Money Institution (EMI) Licence via the acquisition of System Pay Services Limited (SPS Ltd). SPS has held an EMI license authorized by the Financial Conduct Authority (FCA) since 2020. The deal was approved by the FCA. BVNK is… Read More

Perspective: Acknowledging the Trust Fallacy Surrounding KYC Verified Accounts

There’s no doubt in the minds of financial organizations and anti-laundering regulators that Know Your Customer (KYC) verified accounts prevent fraudulent activity– and that’s exactly the problem. In the early 1990s, governments around the globe had a growing concern about preventing the increasingly connected banking… Read More

Blockchain Startup Ettle Announces Australian Dollar based Stablecoin

Ettle, a blockchain startup, has announced a pilot transaction for an Australian dollar-based stablecoin AUDE. According to a company statement, Ettle partnered with Meadow Labs in the experiment to make a payment using the AUDE to one of its contractors. Ettle says it is utilizing… Read More

CertiK Unveils Underground Ring of KYC Actors for Hire, Used by Rogue Devs to Scam Web3 Projects

CertiK has unveiled “an underground ring of KYC actors for hire, used by rogue developers to scam Web3 communities.” Basic KYC verifications “are regularly effective at annoying honest retail users, but unfortunately less so at stopping determined criminals from defrauding victims and laundering their stolen… Read More

Temasek Investments in Cloud, IoT, Other Deals Suggest “Minimal” Impact of FTX Write-off, GlobalData Claims

The bankruptcy of cryptocurrency exchange FTX has “highlighted the risk of crypto investment with a number of investors having to write off their losses” including Singapore state investment firm Temasek Holdings (Private) Ltd. The company recently announced that “it would write off $275 million invested… Read More

Lessons Learned from the FTX Collapse: Congressional Committees Plan Hearings on FTX Collapse, Bahamas Defends its Actions

The US Senate Committee on Agriculture, Nutrition, and Forestry will hold a hearing titled “Why Congress Needs to Act: Lessons Learned from the FTX Collapse.”  The Committee has oversight of FTX due to the fact that certain crypto assets are regulated by the Commodities Futures Trading Commission… Read More

Particle Wallet Introduces Alchemy Pay’s Fiat Onramp Solution

The full-stack Web3 infrastructure provider, Particle Network, has “gone live with the Alchemy Pay Onramp Solution for its wallet.” The integration “means users can pay with their preferred fiat payment methods directly to seamlessly buy crypto and fund their Particle wallet.” Alchemy Pay’s payment gateway… Read More

Banxa Integrates with ZenGo Wallet to Provide Self-Custodial Onramp Alternative to Exchanges

With all eyes on centralized exchanges after the collapse of Celsius, Voyager, and now FTX, –  ZenGo and Banxa have partnered “to enable the most simple and trusted crypto onramp directly into the industry’s most secure crypto wallet with no private key vulnerability.” This partnership… Read More

Digital Assets: Binance Explains How They Aim to Maintain Transparency on Wallets

Binance‘s management has answered a few follow-up questions from the community about “how funds and wallets are managed at Binance.” Binance explains that it “holds all of its clients’ crypto-assets in segregated accounts which are identified separately from any accounts used to hold crypto-assets belonging… Read More

Germany Accounts for 6% of European Blockchain/DLT Funding, New Report Reveals

CV VC recently published an inaugural German Blockchain Report following its newest and fourth ecosystem hub opening, CV Labs Berlin. The report provides “a structural overview of Europe‘s top-ranked blockchain country, and its publication highlights CV VC’s commitment to building sustainable and connected global ecosystems… Read More

Digital Asset Firm Gemini Announces Trust Center to Build Trust Through Transparency

The team at digital asset firm Gemini are pleased to announce “the launch of the Gemini Trust Center, a dashboard of metrics for the funds [they] hold on the Gemini platform and on your behalf, as well as other important data and information.” As noted… Read More

Apollo is Next Firm to Leverage Blockchain Tech to Offer a Fund

While there has long been much discussion about the benefits of crypto and blockchain, too frequently, these comments ignore regulation and a need for a compliant environment that instills confidence from all sides of the equation. This has undermined the public perception of blockchain technology… Read More

London based Volt Launches Real-Time Payments for Crypto Exchange Kriptomat

Volt, the global gateway for open banking payments in Europe, the UK and Brazil, and Kriptomat, one of the “fastest-growing” European cryptocurrency exchange platforms, are announcing a partnership “to enable Kriptomat customers throughout Europe to make real-time account-to-account payments to buy, sell and exchange cryptocurrencies.”… Read More

Web3 Platforms Join Binance to Lead Crypto, Blockchain Industry Recovery Initiative

As a “leading” player in crypto, Binance claims that it understands that they have a responsibility “to lead the charge when it comes to protecting consumers and rebuilding the industry.” That is why Binance has established the Industry Recovery Initiative (IRI), “a new co-investment opportunity… Read More

Digital Asset Bank Sygnum Awarded Abu Dhabi In-Principle Approval

Sygnum, which claims to be the world’s first digital asset bank and first Swiss bank to open a hub in the metaverse, leverages its oversubscribed USD 90m Series B “to expand internationally into Abu Dhabi’s high-growth crypto-hub.” In addition to this, Sygnum is further strengthening… Read More

Latin American Crypto Exchange Bitso Says All Funds are Safe, Plans More Metrics for Reserves

Prominent Latin American crypto exchange Bitso has posted all funds are secure during a time when some are questioning the viability of certain crypto marketplaces and counterparty risk associated with the FTX bankruptcy. Bitso said in a statement that it was going beyond proof of… Read More

Binance Labs Invests in Hardware Wallet Maker NGRAVE to Boost Crypto Self-Custody

Binance Labs, the venture capital arm and accelerator of Binance, has made a strategic investment in and will be leading the upcoming Series A round of NGRAVE, a blockchain and digital asset security provider “specialized in user-friendly, maximum security solutions for crypto users, from creating… Read More

Digital Assets: Kraken Announces Support for The Graph (GRT) Staking

The team at Kraken notes that they’re pleased to announce that their crypto trading platform now supports staking for The Graph (GRT) holders, From the Earn section of your Kraken account or from your Pro mobile app, you’ll be “able to stake your GRT holdings… Read More

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