Blockchain & Digital Assets

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

Modern Treasury, Paxos Enable Businesses to Move Money with Stablecoins

Modern Treasury announced a partnership with Paxos, a regulated blockchain and tokenization infrastructure platform, to make it easier for businesses to start using stablecoin payments alongside their payment methods. Under the partnership, Modern Treasury will integrate Paxos’ stablecoin and settlement technology into its platform. This… Read More

Totem Labs Raises Money on Wefunder. Over $1 Million Funded So Far

Totem Labs, a Tennessee-based company building decentralized tools, is raising growth capital on WeFunder. According to the offering page, Totem has raised $1.14  million from 63+ investors to date. Investors are getting a SAFE (Simple Agreement for Future Equity) at a $15 million valuation cap…. Read More

Exodus Movement, MoonPay, M0 Introduce Digital Dollar for Payments

Exodus Movement, Inc. (NYSE American: EXOD), a self-custodial digital asset platform, announced a partnership with MoonPay in order to launch a fully reserved, USD-backed dollar stablecoin that will power digital dollar experiences across the Exodus ecosystem. The asset will reportedly be “issued and managed by… Read More

Prediction Markets Being Embedded Across Finance and Consumer Apps : Research

Dune and Keyrock teamed up to release a study of prediction markets. As explained in the detailed update shared by Dune, prediction markets may feel like somewhat of a modern invention or fairly recent development, but their roots stretch back for a long time actually…. Read More

Web3 Thoughts of the Week: Payments, Blockchain and More

The Web3 and Fintech communities shared their thoughts on payments, blockchain, and more before jetting off for the holidays. “CFOs are no longer asking if blockchain will be used in B2B payments—they’re asking how fast they can transition to it.  “With cross-border transactions still slow and expensive,… Read More

BitGo Introduces Support for Lightning Network from Custody, Enabling Scalable Bitcoin Payments

BitGo has announced the integration of the Bitcoin Lightning Network directly from its qualified custody platform. As one of the solutions to enable Lightning access directly from qualified custody, this expansion builds on BitGo’s Lightning Network offering. The service delivers institutions a way to “leverage… Read More

SoFiUSD Stablecoin Launches

SoFi this week announced the launch of SoFiUSD, a fully reserved U.S. dollar stablecoin issued by SoFi Bank, N.A. SoFiUSD will enable SoFi to serve as a stablecoin infrastructure provider for banks, fintechs, and enterprise platforms. They can leverage SoFi’s bank-grade infrastructure to streamline their… Read More

Solflare Unveils AI Assistant for Wallets

This week, Solflare announced the alpha version of its AI assistant that interacts with wallets. The Solflare AI release translates complex user intents into action, with an LLM-powered assistant that understands user intent and can execute on-chain on their behalf. Launching at Solana Breakpoint, Solflare’s… Read More

Digital Assets Becoming Key Part of Global Capital Markets : Analysis

Euroclear has noted in a recent update that the global financial industry is undergoing a transformation. As stated in the report, digital assets are no longer simply a theoretical concept – they are actually on their way to becoming a cornerstone of modern capital markets. … Read More

Lynq, Fireblocks Settlement Project’s Phase 1 Goes Live

Lynq, a real-time interest-bearing settlement network, today announced that Phase 1 of its integration with Fireblocks is live. It gives institutional clients the ability to connect their Lynq accounts directly to Fireblocks and perform settlement and collateral management activities through the Fireblocks’ platform. This integration simplifies funding operations,… Read More

FTC to Require Illusory Systems to Return Funds Stolen by Hackers and Implement Info Security Program

The Federal Trade Commission (FTC) is now said to be taking action against Illusory Systems Inc. for allegedly failing to implement “adequate data security measures, leading to a major security breach in which hackers stole $186 million from consumers.” Under a proposed order settling the… Read More

Intuit Teams Up with Circle to Leverage Stablecoins

Intuit (NASDAQ: INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, announced it has signed a partnership with Circle Internet Group, Inc. (NYSE: CRCL), one of the world’s internet financial platform companies, to accelerate next-generation financial services powered by… Read More

Caroline D. Pham to Join MoonPay as Chief Legal Officer After Completing Acting CFTC Chair Appointment

Caroline D. Pham will join MoonPay as Chief Legal Officer and Chief Administrative Officer following the conclusion of her service as Acting Chairman of the Commodity Futures Trading Commission (CFTC). According to an update from MoonPay, Pham will be responsible for overseeing all global legal… Read More

MangoPay Partners with Crypto Exchange InstaXChange

MangoPay and InstaXchange are partnering on multi-currency onramps. InstaXchange is a crypto exchange that works with Google Pay, PayPal, Apple Pay, cards, etc. A regulated virtual asset service provider (VASP), it also offers a plug-and-play API for Fintechs, merchants, and payment providers to incorporate crypto…. Read More

Telegram Users Said to Gain Access to Tokenized Securities via TON Blockchain, Enabled by xStocks

xStocks says it is bringing tokenized securities to Telegram’s one billion users. According to a statement issued by the firm, tokenized securities will be available on the TON Blockchain, accessible via the non-custodial wallet in Telegram. Max Crown, President and CEO of TON Foundation, said… Read More

VBit Bitcoin Mining Ploy Target of SEC Enforcement Action

The Securities and Exchange Commission (SEC) has charged Danh C. Vo, founder and CEO of VBit Technologies, with theft of investor funds in regard to a Bitcoin mining business. The SEC states that Vo raised over $95.6 million and then misappropriated $48.5 million of the… Read More

Sherwood Neiss, GUARDD CEO, Tells SEC They Have Solution for Exempt Securities Trading, Supporting Tokenization

Sherwood “Woodie” Neiss, GUARDD CEO and securities crowdfunding OG, has sent a letter to the Securities and Exchange Commission outlining their ability to support secondary trading for exempt securities. The letter was sent in response to a statement by SEC Chairman Paul Atkins asking for… Read More

Tether Introduces P2P Credentials Solution PearPass to Eliminate Cloud Breach Risks

Tether, which claims to be one the largest companies in the digital asset industry, announced the launch of PearPass, which is described as a peer-to-peer password manager that keeps credentials “securely on the user’s own device, never in the cloud.” With billions of login credentials… Read More

Younger Crypto Investors are Rewriting Investing Strategies, Report Reveals

Coinbase (NASDAQ:COIN) noted that for several decades, the path to building wealth in America has looked basically the same: get a good job, acquire a home, invest in various stocks, and let time take care of the rest (hopefully). Coinbase‘s State of Crypto report suggests… Read More

Bitvavo Teams Up with European Stablecoin Issuer Societe Generale-FORGE

Bitvavo, Europe’s EUR-spot cryptocurrency exchange, has recently announced a partnership with Societe Generale-FORGE (SG-FORGE), the crypto-assets subsidiary of Societe Generale Group and a European stablecoin issuer. Via this collab, Bitvavo will list EUR CoinVertible and USD CoinVertible, two MiCA-compliant stablecoins issued by SG-FORGE, on its… Read More

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