Tagged: crypto-assets

October 9, 2023 @ 10:09 am By Omar Faridi  |  

The crypto ecosystem faced significant challenges this year, the team at Gemini noted in a recent update. Despite the various headwinds, talented individuals across all our teams “have continued to build every day during the bear market,” Gemini claims. As they mark Gemini’s 8th anniversary,… Read More

October 8, 2023 @ 6:16 pm By Omar Faridi  |  

Hong Kong sees a larger share of transaction volume “coming in large institutional transactions of $10 million or more compared to other countries in the region — notably mainland China,” according to an update from Chainalysis. On the other end of the spectrum is South… Read More

October 8, 2023 @ 1:56 pm By Omar Faridi  |  

In compliance with the updated Financial Promotions Regime, Binance has reportedly launched a new domain for UK users and partnered with Rebuildingsociety.com Limited which will “approve Binance’s marketing and communications materials.” Rebuildingsociety.com is an FCA regulated firm which is “authorized to approve crypto marketing and… Read More

October 6, 2023 @ 3:18 pm By Omar Faridi  |  

GFX Labs, the creators of Oku, the DeFi trading terminal powered by Uniswap v3, are pleased to announce their integration with zkSync Era, a Layer 2 scaling solution for Ethereum. This collaboration brings efficient DEX trading “to zkSync, along with the charts and analytics that… Read More

October 6, 2023 @ 9:41 am By Omar Faridi  |  

Kraken is pleased to announce their planned acquisition of Coin Meester B.V. (BCM) in the Netherlands. The deal highlights our commitment “to growing their business in Europe by leveraging our strong financial position and highly competitive product offering.” Founded in 2017, BCM claims it is… Read More

October 6, 2023 @ 8:49 am By Omar Faridi  |  

At Coinbase (NASDAQ:COIN), they’re working hard to help update the financial system by building trusted products that aim to “expand the utility and adoption of crypto because they believe crypto and blockchain technology have the ability to increase economic freedom and opportunity around the world.”… Read More

October 5, 2023 @ 3:54 pm By Omar Faridi  |  

Eaglebrook Advisors, Inc., one of the largest SEC-registered crypto separately managed account (SMA) platforms, and institutional crypto platform Anchorage Digital announced a partnership providing financial advisors with streamlined access to crypto SMAs. The partnership provides financial advisors “with secure and regulated access to digital assets… Read More

October 4, 2023 @ 9:18 pm By Omar Faridi  |  

Coin Metrics has provided a data-driven look at the most “important” developments that have significantly impacted the digital assets industry from Q3 2023. With Q3 in the books, Coin Metrics reflects on the notable developments and trends shaping digital asset markets as we transition “into… Read More

October 4, 2023 @ 7:50 am By Omar Faridi  |  

US District Judge Analisa Torres has rejected the US Securities and Exchange Commission’s (SEC) to appeal part of the judge’s decision in its lawsuit against enterprise blockchain firm Ripple Labs regarding the sales of XRP. Judge Torres determined in July 2023 that a part of… Read More

October 4, 2023 @ 7:40 am By Omar Faridi  |  

BIS, De Nederlandsche Bank and the Deutsche Bundesbank are creating a data platform that has potential to shed light on the macroeconomic relevance of crypto-asset markets and decentralized finance (DeFi). Project Atlas combines on- and off-chain information, “creating a layered approach to data vetting and… Read More

October 3, 2023 @ 9:22 am By Omar Faridi  |  

Zodia Custody, an “institution-first” digital asset custodian whose shareholders include Standard Chartered, SBI Holdings and Northern Trust, has appointed James Harris as Chief Commercial Officer. Harris joins the business from CCData, “where he was the Commercial Director for the digital asset data company.” Harris’ appointment… Read More

October 3, 2023 @ 8:18 am By Omar Faridi  |  

Recent US government quagmire and treasure prices have reportedly helped with fueling inflows of $21 million, according to an update from digital asset firm CoinShares (Nasdaq Stockholm: CS) CoinShares reports that digital asset investment products “saw inflows last week for the first time in 6… Read More

October 2, 2023 @ 7:23 pm By Omar Faridi  |  

Digital asset firm Gemini is pleased to unveil the new Gemini Institutional website, showcasing the breadth of crypto-native solutions available to Gemini’s institutional customers. Gemini‘s commitment to being “a secure and regulated onramp to crypto for institutions goes beyond just providing a best-in-class crypto trading… Read More

October 2, 2023 @ 7:18 pm By Omar Faridi  |  

Dubai International Financial Centre (DIFC), the global financial center in the MENA and Southeast Asia region, has proposed to enact a Digital Assets Law, a Law of Security and related amendments to select existing legislation “to cater to the requirements of the DIFC’s proposed digital… Read More

October 2, 2023 @ 8:41 am By Omar Faridi  |  

Coinbase Singapore has obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore. This development, coming after Coinbase’s (NASDAQ:COIN) initial In Principle Approval, amplifies their commitment to the Singapore market, enabling them “to expand their provision of Digital Payment Token services to… Read More

October 1, 2023 @ 9:51 pm By Omar Faridi  |  

Organizations in the United Kingdom reportedly suffered a record number of ransomware attacks last year, according to analysis of a dataset published by the Information Commissioner’s Office (ICO). In its data security incident trends – which “are reported to the data protection regulator – the… Read More

October 1, 2023 @ 5:26 pm By Omar Faridi  |  

According to research by London-based Nickel Digital Asset Management, Europe’s regulated digital assets hedge fund manager founded by alumni of Bankers Trust, Goldman Sachs and JPMorgan, institutional investors “are confident Bitcoin and Ethereum will sustain their strong performance for the rest of this year.” The… Read More

September 30, 2023 @ 3:51 pm By Omar Faridi  |  

As Paysafe Payment Solutions Limited “unilaterally” decided to stop processing EUR deposits for Binance users, Paysafe users are now “advised to take appropriate actions in advance.” Paysafe users may “convert EUR balances in their Binance accounts to USDT before 2023-10-31 at 0:00 (UTC).” Meanwhile, users… Read More

September 30, 2023 @ 3:44 pm By Omar Faridi  |  

As of late, financial markets have been gripped with the reality that the US government may be headed toward a shutdown due to Congress’s “inability to pass the federal appropriations bill for the upcoming fiscal year, which begins on October 1st,” the team at NYDIG… Read More

September 29, 2023 @ 8:34 am By Omar Faridi  |  

Elliptic – the global leader in cryptoasset risk management – is partnering with MaiCoin and MAX Exchange, which are both integral platforms of MaiCoin Group in Taiwan. The collaboration will further MaiCoin Group’s commitment “to advancing digital assets into the mainstream, while providing its clientele… Read More