DLT, Web3: IOTA to Support DeFi Ecosystem with ShimmerEVM Test Chain Launch by Omar Faridi

Passwordless Authentication: Binance Joins the FIDO Alliance in Preparation for Passkey Implementation

The team at Binance is pleased to announce that they have officially joined the FIDO Alliance, which is described as one of the most “influential” and largest associations focused on developing passwordless authentication standards. Binance says they are committed to providing their users “with the… Read More

Ethereum (ETH) Tools for Web3 Deployed by Electi Consulting, VeChain

Vechain explains that it is dedicated to building the optimal real-world-ready blockchain environment and “enabling full-scale adoption of web3 technologies.” Their Web3-as-a-service platform, VORJ, “offers builders one of the most versatile blockchain tool suites on the market, and caters for users with little-to-no experience building… Read More

Archax, an FCA-Regulated Digital Asset Exchange, Introducs Real-World Asset Tokenization Engine

Archax, the FCA-regulated digital asset exchange, broker, and custodian, today announced the launch of its tokenisation engine – “enabling the creation of tokens backed by any regulated or unregulated real-world or traditional asset.” Leveraging the benefits of Web 3.0 and blockchain technology, this new service… Read More

SEC Announces Judgement Against Barksdale Duo that Committed “Massive” Crypto Fraud

The Securities and Exchange Commission (SEC) has posted a notice that on March 15, 2023, the U.S. District Court for the Southern District of New York entered a final judgment against Defendants John and sister JonAtina (Tina) Barksdale ordering permanent injunctions, disgorgement with interest, and… Read More

Crypto Accounts at Signature Bank Given Eviction Notices

Signature Bank, soon to be part of Flagstar Bank (a subsidiary of New York Community Bancorp Inc.), has given the boot to deposits by crypto firms. According to multiple reports, the FDIC has crypto-affiliated accounts to leave by April 5th. After that, the check will… Read More

Digital Assets: Genesis Expands Custodial Tri-Party Solution with Assistance from BitGo Custody

GGC International Limited (Genesis), a digital asset trading firm, is proud to announce its collaboration with BitGo Trust, a key player focused on digital asset custody, to provide a tri-party solution for its institutional clients. This joint effort will “allow Genesis to continue delivering superior… Read More

Digital Asset Firm Bitso Reportedly Facilitated $3.3B+ in Institutional Crypto Transfers Between Mexico and US Last Year

Bitso, the cryptocurrency-powered financial services company in Latin America, surpassed more than $3.3 billion in transactions between the United States and Mexico in 2022 through its Crypto 4 Business service, “mainly used by remittance and payment processors.” This volume is triple the amount “processed by… Read More

Ledger Raises Funding in Extended Series C, Gains Another €100 Million at Flat Valuation

Ledger, a digital asset firm based in France, has raised an additional €100 million (~$108.3 million) to fuel the company. The valuation was set in 2021 at €1.3 billion during the initial Series C round – so not exactly a down round but flat –… Read More

Do Kwon, Founder of Terraform Labs, Creator of Failed Stablecoin TerraUSD and Crypto Luna, to Stand Trial in Montenegro First: Report

Do Kwon is expected to stand trial in Montenegro before facing charges in other interested jurisdictions. Kwon is the founder and CEO of Terraform Labs, the crypto company that created TerraUSD and LUNA. TerraUSD was an aspiring algorithmic stablecoin pegged to the US dollar. The… Read More

CBDCs: Japan Appoints Panel to Determine Feasibility of Issuing a Virtual Yen

Japan’s Finance Ministry is reportedly planning to appoint a panel of experts this coming month in order to determine the feasibility of issuing a digital yen. This, according to a report  from NHK. The ministry’s panel in Japan will be going over how to establish… Read More

Send this to a friend