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

March 31, 2023 @ 3:41 pm By Omar Faridi  |  

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

 Tagged authentication, binance, fido alliance, passwordless, passwordless authentication standards

March 31, 2023 @ 10:13 am By Omar Faridi  |  

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

 Tagged blockchain adoption, blockchain interoperability, digital technology, digital transformation, digitalization, distributed ledger technology, dlt, electi consulting, eth, ethereum, vechain, web 3.0, Web3, web3 technologies

March 31, 2023 @ 8:08 am By Omar Faridi  |  

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

 Tagged archax, broker, crypto exchange, crypto tokens, custodian, digital assets, digital tokens, europe, fca, financial conduct authority, Graham Rodford, tokenization, uk, united kingdom

March 30, 2023 @ 5:40 pm By JD Alois  |  

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

 Tagged enforcement, fraud, john barksdale, ormeus coin, sec, tina barksdale

March 30, 2023 @ 5:19 pm By JD Alois  |  

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

 Tagged signature bank, sygnum bank

March 30, 2023 @ 3:13 pm By Omar Faridi  |  

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

 Tagged adam sporn, bitgo, bitgo trust, chainview capital, cusstody, custody solutions, daniel slavin, digital asset custody, digital assets, genesis, ggc international limited, institutional clients, josh barkhordar, trading, united states, us

March 30, 2023 @ 12:36 pm By Omar Faridi  |  

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

 Tagged aaron sears, bitso, crypto 4 business service, Crypto Transactions, crypto-assets, digital assets, digital currencies, financial services, latam, latin america, mexico, milestone, payment processors, remittances, ripple, santiago alvarado, united states, us, virtual currency

March 30, 2023 @ 12:21 pm By JD Alois  |  

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

 Tagged france, jonahtan sibilia, ledger, martin davis, molten ventures, pascal gaultier

March 30, 2023 @ 11:11 am By JD Alois  |  

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

 Tagged daniel shin, do kwon, enforcement, korea, luna, montenegro, sec, south korea, terraform labs, TerraUSD

March 30, 2023 @ 9:20 am By Omar Faridi  |  

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

 Tagged cbdcs, cdbc, central bank, central bank digital currencies, digital yen, japan, pilot, reserve bank, virtual currency, virtual yen