Tagged: digital assets

Latin America’s Bitso Earnings Now Supports Ethereum (ETH) and Solana (SOL)

Bitso announced the addition of four new cryptos to its Earnings feature. Earnings with Ethereum (ETH) and Solana (SOL) are available to all users, and Cardano (ADA) and Polkadot (DOT) will reportedly be added in the first week of December 2024. These options complement the… Read More

BitGo Singapore Launches to Offer Digital Asset Services to APAC Region

BitGo Singapore Pte. Ltd., a subsidiary of BitGo, Inc., announced its official launch to provide regulated digital asset custody, trading, settlement, and token management services to the APAC region. The launch comes after BitGo obtained its Major Payment Institution License from the Monetary Authority of… Read More

SOLOWIN Partners with Zodia Custody to Facilitate Hong Kong’s Digital Assets Ecosystem

Hong Kong City

SOLOWIN HOLDINGS (Nasdaq: SWIN), a financial services firm providing high-net-worth and institutional investors with solutions across traditional and virtual assets, announced its partnership with Zodia Custody, a digital asset custodian backed by Standard Chartered, which has been selected by NASDAQ as a new core custodian… Read More

CF Benchmarks Adds Bullish as Constituent Exchange for Institutional Bitcoin Index

CF Benchmarks has reportedly added Bullish as Constituent Exchange for the “trusted” institutional Bitcoin index, CME CF Bitcoin Reference Rate. Bullish Exchange has officially joined a select list of “rigorously” vetted, “high-integrity,” Constituent Exchanges for CME CF Bitcoin Reference Rates CF Benchmarks, the UK FCA-regulated… Read More

Anchorage Digital Offers Institutional Access to Babylon Bitcoin Staking

Anchorage Digital, the crypto platform for institutions,  announced support for Bitcoin (BTC) staking on the Babylon bitcoin staking protocol, which is expanding its staking capacity with the beginning of Cap-3 in its mainnet Phase-1. Cap-3 reportedly removes limitations and enables institutional participation. BTC staking marks… Read More

Goldman Sachs to Explore Opportunities to Spin-Out Tech Platform GS DAP from Digital Assets Unit

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

Revolut Expands Digital Assets Offering Across Additional European Markets

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

Total Stablecoins Outstanding Reportedly Surged in Wake of US Election, Indicative of New Money Coming in to Acquire BTC

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

Coinbase 50 Index to Help Digital Assets Investors with Diversifying Investment Portfolios

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

XRP Price Surges Following Rumors of Potential Meeting Between Trump and Ripple CEO

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

High-Risk Appetite, Long-Term Confidence Drives Institutional Investors to Raise Digital Assets Allocations – Report

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

Crypto Ecosystem Report: Decentralized AI Startups Secured Substantial VC Funding

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

Digital Assets: QCP Trading Obtains In-Principle Approval for MPI License in Singapore

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

Galaxy Digital Reports $54M in Net Losses in Q3 2024, Revenue Growth of Over 30% QoQ

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

Binance Introduces New Privacy Center Featuring Easy Data Access for Improved User Privacy

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

Blockchain Security Firm CertiK Releases Preliminary Assessment of Web3 Destkop Wallets

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

Coinbase Is Launching Engineering Hub in Singapore to Support Web3 Developer Ecosystem

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

Digital Assets: OKX, Komainu to Offer Off-Exchange Custody Solution to Institutional Clients

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

Bitpanda Deploys Eventus Validus Platform to Address Trade Surveillance Requirements

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

European Digital Assets Investment Firm CoinShares Releases Latest Business Update

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

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