Tagged: crypto-assets

December 10, 2024 @ 8:15 am By Omar Faridi  |  

Bitpanda has just announced that the platform now offers access to over 500 cryptocurrencies, setting a new standard in crypto investing. Bitpanda noted that this milestone cements their position as the European crypto platform for investors looking to diversify and “capitalize on the growing opportunities… Read More

December 2, 2024 @ 10:12 pm By Omar Faridi  |  

Hong Kong is reportedly planning to waive taxes on investment gains made from cryptocurrencies as well as other alternative assets for hedge funds, private equity funds and various family offices as the city-state aims to improve its attractiveness as a wealth management center. In a… Read More

November 20, 2024 @ 10:57 am By Omar Faridi  |  

Goldman Sachs (NYSE:GS) intends to explore strategic opportunities to spin-out its wholly-owned technology platform, GS DAP from its Digital Assets business, to “ultimately” become an “industry-owned” distributed technology solution, subject to regulatory approvals. Goldman Sachs has also introduced a collab with partners to underscore a… Read More

November 6, 2024 @ 10:15 pm By Omar Faridi  |  

Digital assets firm OKX revealed that it has expanded its partnership with Komainu in order to offer an off-exchange custody solution. OKX noted in a recent blog post that they’re officially announcing that they’ve worked cooperatively with Komainu, a regulated digital asset service provider and… Read More

November 4, 2024 @ 4:08 pm By Omar Faridi  |  

Digital assets firm OKX has recently released its 24th consecutive Proof of Reserves (PoR) report, reportedly showcasing $20.3 billion in primary assets. As noted in the update from OKX, this latest report marks the two-year anniversary of their PoR program, which the company claims sets… Read More

October 30, 2024 @ 7:37 am By Omar Faridi  |  

Inflation rate reports (CPI) don’t significantly affect the Bitcoin (BTC) price, according to an update from CoinGecko. Having launched back in 2009 after the Great Financial Crisis, Bitcoin (BTC), now the flagship digital currency, reportedly had few macroeconomic “stress tests to withstand.” The extensive research… Read More

October 27, 2024 @ 4:36 pm By Omar Faridi  |  

The US government has reportedly retrieved more than $19 million from a what appeared to be a hack this past week, according to insights shared by Arkham. The US government-linked digital wallet appears to have recovered nearly 90% of the lost assets within 24 hours… Read More

October 22, 2024 @ 1:37 am By Omar Faridi  |  

Matrixport, a crypto financial services hub, announced the completion of its all-cash acquisition of Crypto Finance (Asset Management) AG (CFAM), which is a licensed Swiss digital asset manager that had earlier been part of the Deutsche Börse Group-owned Crypto Finance Group (CFG). Now doing business… Read More

October 7, 2024 @ 3:43 pm By Omar Faridi  |  

Robinhood Crypto, from Robinhood Markets (Nasdaq: HOOD), has recently launched cryptocurrency transfers across European markets. Robinhood Crypto customers residing in Europe are now able to deposit as well as withdraw 20+ cryptocurrencies, and will reportedly be able to earn a 1% deposit match for a… Read More

October 7, 2024 @ 12:12 pm By Omar Faridi  |  

Coinbase Global Inc. (NASDAQ:COIN) will reportedly delist all “unauthorized” stablecoins from its digital assets exchange in the European Economic Area by the end of this year. This could be a potential setback for digital tokens such as Tether’s USDT. As widely reported, the European Union… Read More

September 19, 2024 @ 9:06 am By Omar Faridi  |  

Zumo, the B2B digital assets infrastructure, has launched a new out-of-box feature that enables crypto-asset service providers (CASPs) active in the European Union (EU) to comply with the upcoming sustainability requirements of the Markets in Crypto-Assets (MiCA) regulation. MiCA was introduced to implement “uniform EU… Read More

August 19, 2024 @ 4:07 pm By Omar Faridi  |  

THORChain, an open-source protocol that enables the swap and settlement of cross-chain native crypto assets, and ShapeShift DAO, are pleased to showcase the recent launch of rFOX and Rune Pool as supporters of Rare Evo. ShapeShift DAO was reportedly the first major decentralized exchange (DEX)… Read More

August 16, 2024 @ 7:52 am By Omar Faridi  |  

Chainalysis has released the report, entitled 2024 Crypto Crime Mid-year Update Part 1: Cybercrime Climbs as Exchange Thieves and Ransomware Attackers Grow Bolder As noted in the report from Chainalysis, aggregate illicit activity on-chain “has dropped by almost 20% year-to-date, demonstrating that legitimate activity is… Read More

August 13, 2024 @ 8:10 am By Omar Faridi  |  

Elliptic, the global authority in cryptoasset risk management, is pleased to announce the integration of Injective, a layer-1 blockchain tailored for decentralized finance (DeFi), into its extensive suite of screening and investigation products. This integration emphasizes Elliptic’s ongoing dedication “to delivering compliance and analytics solutions… Read More

August 11, 2024 @ 4:25 pm By Omar Faridi  |  

Ethereum turned Inflationary in 2024 for the first time since 2022 according to an update from CoinGecko. CoinGecko‘s latest report has looked into just how much ETH has been burned. As of August 5, 2024, the Ethereum network has “burned a total of 465,657 ETH… Read More

August 3, 2024 @ 5:24 pm By Omar Faridi  |  

Elliptic, a global firm focused on crypto asset risk management, announced integrating support for Hedera’s Stablecoin Studio into its Holistic screening and investigation solutions. This will bring issuers on the platform an additional layer of risk mitigation. This new integration is “supported by The HBAR Foundation, an… Read More

July 29, 2024 @ 7:34 am By Omar Faridi  |  

One Trading, a European crypto-asset exchange, has reportedly been granted an Organized Trading Facility (OTF) License by the Dutch financial market regulator. This license establishes One Trading as “a MiFID II trading venue and marks a significant milestone in the company’s multi-year journey with the… Read More

July 25, 2024 @ 3:03 pm By Omar Faridi  |  

Copper.co, a firm focused on digital asset custody, collateral management, and prime services, has today announced three leadership appointments. Michael Roberts has reportedly been appointed Chief Commercial Officer (CCO) at Copper.co. After two years as Copper’s Head of Prime, Michael Roberts has officially taken up… Read More

July 24, 2024 @ 11:02 am By Omar Faridi  |  

Elliptic, the global firm focused on crypto-asset risk management, is pleased to announce the integration of World Chain, a blockchain designed to prioritize humans, into its Holistic suite of screening and investigation compliance solutions. World Chain is secured by Ethereum as a Layer-2 (L2) and… Read More

July 17, 2024 @ 7:55 am By Omar Faridi  |  

The three European Supervisory Authorities (EBA, EIOPA, and ESMA – the ESAs) published a consultation paper on Guidelines under Markets in Crypto-assets Regulation (MiCAR), establishing templates “for explanations and legal opinions regarding the classification of crypto-assets along with a standardized test to foster a common… Read More