Blockchain & Digital Assets

April 11, 2023 @ 10:30 pm By Omar Faridi  |  

Republic Crypto, part of US-based securities crowdfunding firm Republic, has “expanded to the UAE with an aim to grow its presence and offer its services across the MENA region.” Republic Crypto is partnering with Ghaf Labs, a UAE-based incubator in supporting blockchain-based firms. Ghaf Labs… Read More

April 11, 2023 @ 10:19 pm By Omar Faridi  |  

OCBC Bank has opened the doors to a different banking experience on leading Metaverse platform Decentraland. Named after the address of the bank’s headquarters on Chulia Street, Singapore, OCBCx65Chulia “allows visitors to learn about OCBC’s historical milestones along with the latest banking products and services.”… Read More

April 11, 2023 @ 5:15 pm By JD Alois  |  

The Commodity Futures Trading Commission (CFTC) has filed charges against Rashawn Russell, an individual who allegedly solicited retail investors to invest in a digital asset trading fund. Russell allegedly misappropriated $1 million in investor assets. The civil enforcement action has been filed in the US… Read More

April 11, 2023 @ 4:35 pm By JD Alois  |  

Bitfinex Securities El Salvador S.A. de C.V., has been granted the “first ever” license as a Digital Asset Service Provider under El Salvador’s new Digital Assets Issuance Law or Ley de Emisión de Activos Digitales – which became law in January 2023. Bitfinex Securities El Salvador… Read More

April 11, 2023 @ 4:14 pm By Omar Faridi  |  

Bitget, a crypto derivatives and copy trading platform, launched its Bitget Web3 Fund during the Hong Kong Blockchain Week, “with an initial investment of $100 million.” The fund will “focus on investing in Web3-friendly venture capital and outstanding Web3 projects, with the goal of supporting… Read More

April 11, 2023 @ 1:27 pm By Omar Faridi  |  

Pine Street Labs says they are focused on making blockchains usable for all users. As noted in a blog post, each new blockchain “introduces unique transaction lifecycles, encoding schemes, consensus engines, architectures, and more.” As explained in an update from Pine Street Labs, the technical… Read More

April 11, 2023 @ 12:20 pm By JD Alois  |  

Bitcoin is pushing above $30,000 for the first time since June 2022. When Bitcoin moves, the crypto masses speculate as to why. The recent rise in value has largely been attributed to the terrible economy, fears within the Banking sector, and BTCs apparent safe haven… Read More

April 11, 2023 @ 11:35 am By Omar Faridi  |  

Aaron Lint, Security Lead at Anchorage Digital, as well as Prasanna Gautam, Technical Lead, Protocols, among other members of the firm’s professional team have shared key updates. Anchorage Digital notes in a blog post that as a fast-scaling company, their technical staff is core to… Read More

April 11, 2023 @ 9:56 am By JD Alois  |  

FV Bank, a Puerto Rico-based digital bank that provides digital asset services, has appointed Frank J. Serra as its new Chief Financial Officer (CFO). According to the bank, Serra previously held numerous leadership positions, such as CEO, COO, and Director of Operations, and most recently… Read More

April 10, 2023 @ 11:27 pm By Omar Faridi  |  

Vechain’s mission is building robust foundational blockchain infrastructure and driving Web3 adoption throughout the global economy. According to a blog post, achieving this “demands a resilient network with reliable accessibility for developers and enterprises building decentralized solutions.” The team says it is pleased to share… Read More

April 10, 2023 @ 10:52 pm By Omar Faridi  |  

Pairing Mambu’s cloud-native core banking infrastructure with Bitpanda’s 24/7 trading platform makes it easier for financial institutions globally “to provide investment capabilities to their customers.” Bitpanda Technology Solutions, the European Investment-as-a-Service platform, has partnered with SaaS (Software-as-a-Service) cloud banking platform Mambu “to provide financial institutions… Read More

April 10, 2023 @ 10:51 pm By Omar Faridi  |  

Ava Labs has announced the launch of Avalanche Evergreen Subnets, a suite of institutional blockchain deployments, customizations, and tooling designed to address company-specific and industry-wide requirements for financial services. Crucially, Evergreen Subnets “maintain the benefits of public network development while enabling particular features historically only… Read More

April 10, 2023 @ 4:13 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has scheduled an open meeting for April 14, 2023, to consider reopening the comment period of the proposed changes. The SEC proposed amendments to Rule 3b-16 under the Exchange Act Regarding the Definition of “Exchange,” which could potentially impact… Read More

April 10, 2023 @ 3:54 pm By JD Alois  |  

Republic Note has launched on Republic, seeking a minimum raise of $360,000 and up to $2.02 million. The price per digital security is $0.36 with a minimum investment of $100 and a maximum amount of $60,0000. The security is being issued under Reg CF. As… Read More

April 10, 2023 @ 9:27 am By JD Alois  |  

FTX Exemplified hubris, incompetence, and greed. FTX CEO John J. Ray, III has filed his first interim report on the failure of FTX as the bankruptcy proceedings continue. Once one of the largest crypto exchanges in the world, led by high-profile founder and CEO Sam… Read More

April 10, 2023 @ 8:27 am By Omar Faridi  |  

Canadian Web3 investment firm BitValue Capital announces a strategic partnership with IOST through a USD 10 million long-term investment aimed at “enhancing IOST’s mainnet capabilities and supporting the continuous development of its ecosystem.” BitValue Capital will also “play an advisory role,” helping IOST with the… Read More

April 9, 2023 @ 11:46 pm By JD Alois  |  

Binance.US is having a hard time parking cash in a bank following the collapse of Silvergate Bank and Silicon Valley Bank (SVB). According to a report by WSJ.com, Binance.US is working with a “middleman” to manage cash for dollar deposits – said to be Prime… Read More

April 9, 2023 @ 10:30 pm By Omar Faridi  |  

Bybit, which claims to be one of the world’s “most visited” crypto exchanges, is pleased to announce the launch of its new AI program: Tools Discovery. This groundbreaking AI-powered engine “brings smart trading to life with personalized product and strategy recommendations, which are tailored to… Read More

April 9, 2023 @ 9:31 pm By Omar Faridi  |  

Ralph Lauren is now accepting cryptocurreny payments at its Miami Design District Store. BitPay is pleased to announce Ralph Lauren, the brand that defines “modern luxury” and timeless style, accepts digital currency payments at its new store in the Miami Design District. This store reportedly… Read More

April 9, 2023 @ 6:37 pm By Omar Faridi  |  

Bitfinex Derivatives, a derivatives platform that is accessible through Bitfinex announced  a range of perpetual contracts “for three of the largest and oldest Asian Equities indices; HONG KONG 50, JAPAN 225 and AUSTRALIA 200.” The launch of these equity perpetual contracts will reportedly “allow Bitfinex… Read More