Tagged: crypto-assets

December 21, 2023 @ 6:53 am By Omar Faridi  |  

Gemini are pleased to announce that the firm has been named as custodian on the 7RCC Global Bitcoin and Carbon Credit Futures ETF application, which was filed recently with the US Securities and Exchange Commission (SEC). Gemini claims that it has been a key player… Read More

December 20, 2023 @ 12:33 pm By Omar Faridi  |  

Bytepitch, the team building the Crabble NFT lending platform, have deployed their contract to Agoric mainnet after their proposal had a passing vote. The second third-party application to launch on-chain on Agoric, Crabble offers a utility layer for NFTs on Agoric and “soon the entire… Read More

December 17, 2023 @ 3:48 pm By Omar Faridi  |  

CoinList, a crypto-asset platform based in the US, has reportedly agreed to a settlement of $1.2 million with the US Treasury’s Office of Foreign Assets Control (OFAC) after allegations of carrying out transactions that may have violated sanctions. As mentioned in a notice that was… Read More

December 15, 2023 @ 11:50 am By Omar Faridi  |  

Digital asset firm Gemini is introducing their 2024 Crypto Trend Report. Before they explore the innovation and “promise” they see on the horizon, Gemini thinks it’s important to reflect on a volatile and challenging 2023. As mentioned in a blog post by Gemini, reverberations from… Read More

December 14, 2023 @ 9:12 pm By Omar Faridi  |  

The Financial Accounting Standards Board (FASB) published an Accounting Standards Update (ASU) intended to improve the accounting for and disclosure of certain crypto assets. FASB Chair Richard R. Jones said: “The new standard responds to feedback from stakeholders of all backgrounds who indicated that improving… Read More

December 14, 2023 @ 5:55 am By Omar Faridi  |  

Sygnum launches its inaugural institutional investor crypto survey report, Future Finance 23. The purpose of the research is “to accurately measure institutional crypto adoption, track trends over time, and profile the needs and challenges of future institutional crypto market entrants.” Key themes include: 40% of… Read More

December 13, 2023 @ 10:56 am By Omar Faridi  |  

The HBAR Foundation and Archax have shared plans to enhance their partnership by expanding support for HBAR staking, the native cryptocurrency of the Hedera network, as well as the pursuit of further tokenisation projects. Building on the recent addition of HBAR to its crypto spot… Read More

December 13, 2023 @ 9:23 am By Omar Faridi  |  

Elliptic, the global firm focused on crypto-asset risk management, announced a partnership with The Ascent Group, an independent global fund administrator. The Singaporean company will leverage Elliptic’s real-time wallet transaction screening capability, which is “supported by Elliptic’s cross-chain and cross-asset Holistic Screening technology.” This suite… Read More

December 12, 2023 @ 9:44 am By Omar Faridi  |  

The Basel Committee on Banking Supervision met virtually on 5 and 7 December to discuss a range of policy and supervisory initiatives. The Committee took stock of its review of various elements of “the prudential standard for banks’ exposures to crypto-assets published in December 2022.”… Read More

December 8, 2023 @ 6:31 pm By Omar Faridi  |  

In 2021, BBVA in Switzerland was a pioneer among large Eurozone banks when it introduced a bitcoin trading and custody service. This was later expanded to “include ether, thus allowing interested investors the possibility of trading directly with the two most important crypto-assets on the… Read More

December 7, 2023 @ 8:06 am By Omar Faridi  |  

Robinhood (NASDAQ: HOOD) is launching a Crypto app, which will be offered to all eligible customers in the European Union (EU). According to a blog post by Robinhood, it is “the only custodial crypto platform where customers will get a percentage of their trading volume… Read More

December 4, 2023 @ 10:46 pm By Omar Faridi  |  

This past week saw several notable developments in the digital assets and blockchain space. As widely reported, the US Securities and Exchange (SEC) is seeking feedback on proposed bitcoin ETFs by Franklin Templeton and Hashdex. In other key updates, Interactive Brokers has now launched retail… Read More

November 30, 2023 @ 8:36 pm By Omar Faridi  |  

Maple has partnered with BitGo in order to provide clients “with qualified custody for the Maple Secured Lending Direct Pool.” Maple explains that it “provides over-collateralized digital asset financing across a range of digital assets to institutional and high net worth clients.” Maple Finance confirmed… Read More

November 28, 2023 @ 10:19 pm By Omar Faridi  |  

Blockdaemon Institutional Wallet is now supported with cold storage, tokenization features as well as Azure support. Blockdaemon says it is unveiling three major enhancements to the Blockdaemon Institutional Wallet, which include: Cold Storage, Tokenization and Azure Cloud support. These features collectively aim to “enhance the… Read More

November 24, 2023 @ 3:25 pm By Omar Faridi  |  

SlowMist and Sinohope Technology Holdings Limited, a comprehensive digital asset custody platform, announced a strategic partnership uniting the two companies. The two parties will carry out active security business cooperation “in MPC security audit, digital asset Anti-money laundering (AML), Web3 threat intelligence cooperation Network, digital… Read More

November 24, 2023 @ 2:37 pm By Omar Faridi  |  

Sygnum announces a major addition to its institutional crypto sector indices product portfolio – the Sygnum Crypto Multisector Index Linked Certificate (ILC). The first institutional Crypto Multisector Index “combines key crypto sectors into a single portfolio to conveniently enable broad, liquid access to the digital asset… Read More

November 24, 2023 @ 8:14 am By Omar Faridi  |  

The AMF and the Paris Public Prosecutor’s Office urge retail investors “to be extremely vigilant regarding Immediate Connect’s fraudulent investment offer in crypto-assets.” Following an initial public warning issued by the Autorité des Marchés Financiers (AMF) last June, the regulator continues “to receive numerous enquiries… Read More

November 22, 2023 @ 7:55 am By Omar Faridi  |  

BIGG Digital Assets Inc. (CSE: BIGG), owner of Netcoins as well as Netcoins USA (Netcoins.com), the online crypto trading platform that makes it easy for North Americans to buy, sell, and stake cryptocurrency, is pleased to “update investors on its recent trading and platform performance… Read More

November 21, 2023 @ 10:19 pm By Omar Faridi  |  

Institutional adoption and sentiment remain strong amid the current crypto cycle, according to an Institutional Investor survey of 250 institutional investors. In the survey, commissioned by Coinbase (NASDAQ:COIN) institutional investors “demonstrated their resilience and expressed optimism about crypto’s role in the future.” Sentiment improved dramatically… Read More

November 21, 2023 @ 8:31 am By Omar Faridi  |  

On 18 November 2023, Kronos Research announced, via social media platform X, that unauthorized access to their API resulted in “a loss of approximately $26 million.” As noted in an update shared by CertiK, the incident “isn’t a typical private key compromise which often refers… Read More