Blockchain & Digital Assets

January 23, 2023 @ 11:02 pm By JD Alois  |  

Genesis Global Holdco has received approval from the US Bankruptcy Court for the Southern District of New York for all the first-day motions related to its Chapter 11 filed on January 19, 2023. Last week, Genesis filed for bankruptcy protection after a period when it… Read More

January 23, 2023 @ 10:44 pm By Omar Faridi  |  

Yield App has announced its roadmap to incubate Haven1, a Layer 1 and EVM-compatible blockchain that “addresses the industry’s growing demand for secure, on-chain finance through its proof of authority (PoA) consensus mechanism.” Set to launch in 2024, the network is “developed by the highly… Read More

January 23, 2023 @ 10:25 pm By Omar Faridi  |  

SEBA Bank, a licensed digital assets bank regulated in Switzerland, has announced an innovative offering for its clients. SEBA Bank is “shaping the future of finance, simplifying crypto banking for its clients, whether traditional or crypto-savvy investors.” Clients are “the focus at SEBA.” SEBA claims… Read More

January 23, 2023 @ 4:20 pm By Omar Faridi  |  

Okcoin and Paradigm have awarded a joint grant to Open Source Bitcoin Core maintainer Marco Falke. With this grant, Okcoin and Paradigm will “provide Falke with a livable income as he works on this open-source, decentralized project.” This is the third consecutive year that Okcoin… Read More

January 23, 2023 @ 3:50 pm By JD Alois  |  

Gemini, a crypto firm regulated by the New York State Department of Financial Services (NYDFS), is cutting its employee headcount once again, according to a report. Like many other crypto trading platforms, the drop in digital asset valuations, along with crypto contagion, has impacted Gemini’s… Read More

January 23, 2023 @ 10:28 am By JD Alois  |  

As Bitcoin, Ethereum, and other digital assets move higher, the aggregate market cap of crypto has moved above the $1 trillion mark for the first time in months, according to Coinmarketcap. Bitcoin garners the lion’s share of the market as the most popular digital currency… Read More

January 23, 2023 @ 10:09 am By Omar Faridi  |  

Tenderly, creators of a Web3 development platform, and Cronos, a decentralized, open-source, energy-efficient public blockchain with high speed and low transaction fees,  announced the integration between Tenderly and Cronos as well as its testnet. Cronos is an Ethereum Virtual Machine (EVM)-compatible Layer-1 blockchain network built… Read More

January 23, 2023 @ 10:06 am By Omar Faridi  |  

Etrading Software, the global provider of technology-led solutions, announced its expansion into Regulatory Data Services, and as part of this expansion hired Liz Callaghan as Chief Strategy Officer for Regulatory Data Services and Catherine Sutcliffe as Regulatory Affairs Director, two newly created roles reporting to… Read More

January 23, 2023 @ 8:24 am By Omar Faridi  |  

On 20 January 2023, Huobi announced that it is currently cooperating with Fireblocks on institutional crypto custody and payments, and Off-Exchange services “to better serve clients who want greater security, control and capital efficiency on their assets.” Fireblocks is the digital asset infrastructure “for thousands… Read More

January 22, 2023 @ 10:20 pm By Omar Faridi  |  

PARSIQ has launched its “blazing” fast Tsunami API on Arbitrum One. The Layer-2 Ethereum scaling solution has already “attracted a strong community of users and developers — with Tsunami API, builders can access instant real-time and historical data providing advanced querying functionality and vital monitoring… Read More

January 22, 2023 @ 10:17 pm By Omar Faridi  |  

Masa, the first Ethereum Virtual Machine (EVM)-compatible Soulbound identity protocol, announced its mainnet launch on the Ethereum network. The mainnet launch of Masa Soulbound Identity “brings a standardized on-chain Soulbound Token protocol and infrastructure to power the web3 economy.” The mainnet launch “empowers users to… Read More

January 22, 2023 @ 5:00 pm By Omar Faridi  |  

  Bitcoin (BTC), the flagship cryptocurrency, has fallen from a high of nearly $70,000, which it reached in late 2022, to just over $20,000 at the time of writing. Meanwhile, Ethereum (ETH), the second-largest crypto-asset by market cap and the largest smart contract platform, has… Read More

January 22, 2023 @ 3:59 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has charged Avraham Eisenberg, a 27-year-old U.S. citizen who was arrested and detained at MDC Guaynabo, Puerto Rico, with attempting to manipulate MNGO tokens – the native token of Mango Markets. Eisenberg is expected to appear before the Southern… Read More

January 21, 2023 @ 3:42 pm By Omar Faridi  |  

ZEBEDEE, the Fintech and next-generation payment processor for the gaming industry, and VIKER, the innovative mobile games studio that’s taking over the Play-and-Earn space,  announced the launch of two new rewarded games, “with more to come soon.” These new releases continue VIKER’s strategy of using… Read More

January 20, 2023 @ 6:38 pm By Omar Faridi  |  

Doge Sound Club, which claims to be the first South Korean NFT project, and Uppsala Security, a company specializing in blockchain and virtual asset regulation technology (Reg-tech), announced the signing of a partnership on the 10th of January “with the goal of improving Web3 security.”… Read More

January 20, 2023 @ 4:26 pm By Omar Faridi  |  

The team at Copper is pleased to announce that they will be teaming up with BitMart and joining the ClearLoop network, subject to contracts and the completion of technical integration. The settlement solution will “offer BitMart’s institutional clients the ability to trade on the BitMart… Read More

January 20, 2023 @ 9:11 am By Omar Faridi  |  

Bitpanda announced that the successful Austrian-only phase of their partnership with N26, one of the largest digital banks in Continental Europe, has been expanded. N26 customers from Germany, Portugal, Belgium, Ireland and Switzerland will now “be able to invest in a wide range of over… Read More

January 20, 2023 @ 9:05 am By Omar Faridi  |  

The Alchemy Pay team is pleased to announce that Visa has listed Alchemy Pay as an Official Service Provider. Alchemy Pay has been “added as part of Visa’s Third Party Agent (TPA) Program and can be found listed as Alchemy GPS here.” This is “a… Read More

January 20, 2023 @ 7:35 am By JD Alois  |  

Late last night, Genesis, part of the Digital Currency Group (DCG), filed for Chapter 11 bankruptcy protection as it looks to restructure in light of a challenging environment in the crypto sector which has impacted multiple firms. Genesis is a digital asset prime brokerage that… Read More

January 19, 2023 @ 5:27 pm By JD Alois  |  

Beleaguered crypto firm Nexo has had to pony up a $45 million penalty following charges filed by the Securities and Exchange Commission (SEC). Without admitting or denying the SEC’s findings, Nexo agreed to a cease-and-desist order. Nexo had previously announced its exit from the United… Read More