Blockchain & Digital Assets

June 23, 2022 @ 8:02 am By Omar Faridi  |  

Citi (NYSE: C) announced that it has selected METACO to develop and pilot digital asset custody capabilities. This collaboration “brings together METACO’s technology and digital solutions with Citi’s expansive custody network to develop a platform to enable clients to store and settle digital assets seamlessly… Read More

June 23, 2022 @ 1:44 am By Omar Faridi  |  

Italian banking group Sella has reportedly introduced an acceleration program focused on helping startups who are working on finance solutions for the Metaverse. Managed by Sella’s venture incubator dpixel with the OGR Torino hub, the Metaverse 4 Finance Accelerator is focused on identifying and supporting… Read More

June 22, 2022 @ 5:34 pm By JD Alois  |  

Prime Trust, a custody provider and overall enabler of digital assets, has raised $100 million in Series B funding according to an email from the firm. Investors included FIS, Fin Capital, Mercato Partners, Kraken Ventures, Commerce Ventures, William Blair & Company, Decasonic, University Growth Fund,… Read More

June 22, 2022 @ 2:52 pm By JD Alois  |  

Binance.US, the US-facing version of Binance, the world’s largest crypto exchange, has announced it has cut trading fees on Bitcoin to zero.  The promotional move should help to drive new users to the crypto marketplace in a industry that tends to charge relatively high fees… Read More

June 22, 2022 @ 2:05 pm By JD Alois  |  

Voyager Digital (TSX: VOYG) (OTCQX: VYGVF) has issued a statement updating on challenges regarding digital asset markets and a previously announced credit facility from Alameda Ventures. Alameda indirectly holds 22,681,260 common shares of Voyager representing about 11.56% of the outstanding common and variable voting shares…. Read More

June 22, 2022 @ 11:06 am By Omar Faridi  |  

Anchorage Digital is pleased to announce early access to programmatic transfers for protocols, “unlocking new efficiencies in treasury management.” Anchorage Digital‘s external transfer API, the “first” from a federally chartered crypto bank, “reduces overhead and manual approvals of payment requests by enabling automated and high-volume… Read More

June 22, 2022 @ 9:18 am By JD Alois  |  

Nium has partnered with the Stellar Development Foundation (SDF), a non-profit that supports the growth of public blockchain Stellar, to enable payouts to 190 countries. According to Nium by leveraging Stellar the payments and transfers improve upon the traditional correspondent banking system. Joaquin Auyso, Head… Read More

June 22, 2022 @ 9:10 am By JD Alois  |  

Bitbond, the first firm to issue a security token in Germany approved by regulators, has announced a new feature to its tokenization tool that incorporates a “crowdsale feature.’ Announced earlier this year, the publicly available service may be utilized to create tokens on Ethereum, Polygon,… Read More

June 21, 2022 @ 11:56 pm By JD Alois  |  

FTX, a leading global crypto exchange, has provided BlockFi with a $250 million revolving credit line to backstop the firm during a broad decline in crypto markets. In a series of tweets, BlockFi founder and CEO Zac Prince revealed the funding that will stabilize the… Read More

June 21, 2022 @ 11:29 pm By Omar Faridi  |  

West Realm Shires Inc. (FTX US) recently announced the acquisition of Embed Financial Technologies Inc., including its wholly-owned subsidiary Embed Clearing LLC, a FINRA, DTC, NSCC, Nasdaq, and IEX member clearing firm. Embed specializes in “providing whitelabel brokerage services and APIs to broker-dealers and registered… Read More

June 21, 2022 @ 6:41 pm By JD Alois  |  

Knight Dragon Investments Limited has announced the tokenization of a central London property with an expected market valuation of £140 million. Issued by its subsidiary, KD Tokens Limited, the digital asset represents an economic interest in the Upper Riverside Development located at the corporation’s ten… Read More

June 21, 2022 @ 4:01 pm By JD Alois  |  

Senator Cynthia Lummis and Representative Patrick McHenry, along with several other elected representatives, have sent a letter to Michael Regan,  the Administrator ot the Environmental Protection Agency (EPA), telling the official to consider the benefits of crypto mining before considering any regulation that could impact… Read More

June 21, 2022 @ 1:24 pm By Omar Faridi  |  

Nearly all crypto tokens fall into one of two categories: Layer 1s and Layer 2s, according to an update from Chainalysis. Chainalysis writes in a report that Layer 1s are tokens “with their own blockchains, while Layer 2s are built on top of Layer 1… Read More

June 21, 2022 @ 11:07 am By JD Alois  |  

Securities and Exchange Commission (SEC) “Fintech specialist” Neel Maitra has joined the law firm of Wilson Sonsini Goodrich & Rosati in Washington, DC. According to the law firm, Maitra will be a member of Wilson Sonsini’s securities regulatory and complex transactions group. While at the SEC’s… Read More

June 21, 2022 @ 8:36 am By JD Alois  |  

CoinShares has announced the availability of two new exchange traded products (ETPs): MATiC and Cosmos. Coinshares noted that both ETPs are staked and physically backed providing exposure to the digital assets as well as an additional yield of 5%. Frank Spiteri, Chief Revenue Officer at… Read More

June 21, 2022 @ 7:46 am By Omar Faridi  |  

  Deloitte reportedly has the highest number of open positions with 144 crypto-related vacancies in the last seven days, “followed by ex-Twitter CEO Jack Dorsey’s Block (formerly Square) and Cash App with 59 and 24 new crypto-related roles in the last seven days, respectively,” according… Read More

June 20, 2022 @ 10:24 pm By Omar Faridi  |  

Binance Custody recently announced official support for deposits and withdrawals for IOST, “among other tokens.” With this, IOST joins the list of supported digital tokens in the secure, “regulated,” and insured custody service for the safekeeping of virtual assets services for institutional clients “provided by… Read More

June 20, 2022 @ 5:13 pm By JD Alois  |  

While Barry Silbert, founder and CEO of Digital Currency Group, says he is buying Bitcoin right now, others are not so convinced the bottom is in. Shayne Higdon, co-founder and CEO of the HBAR Foundation, believes there is more pain on the way. HBAR Foundation… Read More

June 20, 2022 @ 12:51 pm By Omar Faridi  |  

Blockchain Intelligence Group, a global cryptocurrency compliance and intelligence company, owned by BIGG Digital Assets Inc. (CSE: BIGG), is pleased to announce the launch of NFT Explorer, “the first risk and investigation solution for NFTs, built on the QLUE™ data analytics platform.” Development of the… Read More

June 20, 2022 @ 12:43 pm By JD Alois  |  

Circle, the issuer of dollar-based stablecoin USDC, has published a blog post, authored by COO Elisabeth Carpenter, touting its resilience during a challenging period in the crypto markets. As certain platforms fumble or shutter redemptions, Circle is giving the all-clear sign stating that it continues… Read More