Tagged: digital assets

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 17, 2024 @ 10:35 pm By Omar Faridi  |  

Revolut is expanding its crypto offering to 30 new markets across Europe. Revolut, the London-headquartered Fintech firm, has reportedly expanded its standalone crypto trading platform, Revolut X, to various other markets across Europe. Introduced earlier in 2024 in the United Kingdom, Revolut X aims to… Read More

November 17, 2024 @ 8:31 pm By Omar Faridi  |  

Bitcoin (BTC), the flagship crypto, continued to rally after the US elections, setting another all-time high this week, the team at NYDIG noted in a recent update. As the Trump administration is starting to come into view with the naming of candidates for the various… Read More

November 17, 2024 @ 8:25 pm By Omar Faridi  |  

Earlier this week, Coinbase (NASDAQ:COIN) launched the Coinbase 50 Index: A Global Crypto Benchmark. Coinbase introduced the Coinbase 50 Index (COIN50), a benchmark representing the “top 50” digital assets listed on Coinbase Exchange that meet the index’s fundamental criteria for inclusion. Crypto traders are able… Read More

November 17, 2024 @ 10:30 am By Omar Faridi  |  

XRP has surged to more than $1.10 following rumors of a potential Trump and Ripple CEO Brad Garlinghouse meeting. The crypto markets are also apparently reacting to possible leadership changes at the US Securities and Exchange (SEC) which may significantly impact cases brought against Ripple… Read More

November 14, 2024 @ 11:11 pm By Omar Faridi  |  

Sygnum, a digital asset banking group, revealed the results of its annual Future Finance survey which analyzes the interests, market sentiment and behavior of investors active in the crypto market. Conducted among 400+ respondents in 27 countries possessing an average of 10+ years of investment… Read More

November 13, 2024 @ 4:44 pm By Omar Faridi  |  

In Q3 2024, the crypto sector saw a “steep decline” in funding, with a 31.1% QoQ drop in deal value to $1.7 billion as well as a substantial 25.3% decrease in deal count to 392 deals. This, according to a report from PitchBook. PitchBook noted… Read More

November 11, 2024 @ 10:10 pm By Omar Faridi  |  

QCP Trading Pte. Ltd. received an In-Principle Approval (IPA) for a Major Payment Institution (MPI) License from the Monetary Authority of Singapore (MAS). The IPA represents a step toward “full” licensing, allowing QCP Trading to prepare to offer regulated spot trading services for digital payment… Read More

November 9, 2024 @ 1:41 pm By Omar Faridi  |  

Galaxy Digital Holdings Ltd. (TSX: GLXY) released financial results for the three months and nine months ended September 30, 2024, for both itself and Galaxy Digital Holdings. Galaxy Digital has shared key Corporate and Business Updates: Financial Highlights: In the third quarter, Galaxy reported a… Read More

November 7, 2024 @ 5:54 pm By Omar Faridi  |  

Binance has launched a new privacy center, which reportedly features easy data download for enhanced user privacy. To empower users with a greater degree of control over their personal data, Binance has launched a feature that consolidates various tools for exercising privacy rights in one… Read More

November 7, 2024 @ 8:51 am By Omar Faridi  |  

CertiK has shared a security assessment focused on Web3 desktop wallets. As explained in an extensive update by the team at CertiK, desktop wallets play a key role in the Web3 ecosystem, providing users with a means to manage their digital assets within decentralized networks…. Read More

November 6, 2024 @ 10:16 pm By Omar Faridi  |  

Coinbase (NASDAQ:COIN) is launching a new Engineering Hub in Singapore, supported by Singapore Economic Development Board, in order to foster the local developer ecosystem. Coinbase noted in a recent update that it is officially introducing an Engineering Hub in Singapore to support the local developer… 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 6, 2024 @ 8:41 am By Omar Faridi  |  

Eventus, a provider of trade surveillance and financial risk solutions, and Bitpanda, Europe’s crypto platform, announced that Bitpanda will deploy Eventus’ Validus platform to meet its trade surveillance needs and legal obligations. Established in Vienna in 2014, Bitpanda has offices across the region, including Vienna,… Read More

November 6, 2024 @ 8:13 am By Omar Faridi  |  

CoinShares International Limited, the European investment company specialising in digital assets, has released its results for the quarter ending 30th September 2024. Jean-Marie Mognetti, Chief Executive Officer of CoinShares said that during Q3 2024, they concentrated on executing their strategy and preparing for a promising… Read More

November 5, 2024 @ 7:18 am By Omar Faridi  |  

Anchorage Digital is pleased to be an initial partner of the Global Dollar Network (GDN), an alliance of professionals in fintech and digital assets committed to accelerating the adoption of safe and trusted stablecoins. Nathan McCauley, Co-Founder and CEO of Anchorage Digital said that their… Read More

November 4, 2024 @ 10:50 pm By Omar Faridi  |  

Sygnum, a digital asset banking group, announces the transition of its Yield Core AMC, a product that invests in yield-generating strategies in crypto, including lending, funding arbitrage and liquidity provision, into a Luxembourg Reserved Alternative Investment Fund (RAIF) structure. This evolution broadens the fund’s international… Read More

November 4, 2024 @ 4:05 pm By Omar Faridi  |  

THORChain via SwapKit is now available in the swap section of Ledger Live Desktop. THORChain is a cross-chain decentralized exchange, enabling Ledger Live Desktop users to swap digital assets across different DLT / blockchain networks “without needing a centralized exchange.” This integration allows for a… Read More

November 4, 2024 @ 11:15 am By Omar Faridi  |  

Anchorage Digital Singapore Pte Ltd has reportedly received approval as a licensed Major Payment Institution from the Monetary Authority of Singapore (MAS), marking a key milestone in our global expansion. With this license, Anchorage Digital Singapore now offers a complete, integrated solution including custody, staking,… Read More

November 4, 2024 @ 8:43 am By Omar Faridi  |  

Ripple releases the quarterly XRP Markets Report to provide transparency and updates on the company’s views on the state of crypto markets and relevant XRP Ledger as well as XRP-related announcements. As an XRP holder, Ripple says it believes in “proactive” communication and transparency and… Read More