Tagged: digital assets

October 30, 2024 @ 4:02 pm By Omar Faridi  |  

Digital assets firm Gemini says it has received In-Principle Approval (IPA) from the Monetary Authority of Singapore (MAS) for its Major Payment Institution (MPI) license application under the Payment Services Act 2019 in order to provide cross-border money transfer as well as digital payment token… Read More

October 30, 2024 @ 3:22 pm By Omar Faridi  |  

Binance, the blockchain ecosystem “trusted” by 230 million+ users worldwide, announced Binance Wealth, the crypto exchange technological solution for wealth managers. Binance Wealth allows wealth managers to oversee the onboarding of their clients and make investment recommendations, allowing clients to receive support during onboarding and… Read More

October 30, 2024 @ 9:53 am By Omar Faridi  |  

Visa (NYSE: V), an enabler of digital payments, announced a partnership with digital assets firm Coinbase (NASDAQ:COIN). This partnership adds convenience and new services for Coinbase customers across the US and EU, including “real-time,” reliable, and “secure” money movement. By integrating with the Visa Direct… Read More

October 29, 2024 @ 10:51 pm By Omar Faridi  |  

Zodia Custody, which claims to be an “institution-first” digital asset custodian, whose shareholders reportedly include Standard Chartered, SBI Holdings, Northern Trust, and National Australia Bank, has launched Unified Wallets, a feature to enhance its core custody solution, offering institutional digital asset and fund managers the… Read More

October 29, 2024 @ 10:49 pm By Omar Faridi  |  

Copper, an enabler of digital asset custody, collateral management, and prime services, announces the launch of its new tri-party collateral management solution for over-the-counter (OTC) derivatives, initially in partnership with DV Chain International’s structured products desk, Centaur Markets. This solution leverages Copper’s expertise in custody as well… Read More

October 29, 2024 @ 4:46 pm By Omar Faridi  |  

Circle, a global digital financial technology firm, has signed a Memorandum of Understanding (MOU) with HKT, a technology, and telecommunication firm, in order to explore a potential collaboration in developing blockchain-based customer loyalty solutions for merchants in Hong Kong. Leveraging Circle’s expertise in Web3 Services… Read More

October 29, 2024 @ 8:19 am By Omar Faridi  |  

Crypto asset management firm Bitwise Asset Management announced that the company has now surpassed $5 billion in assets under management across its suite of beta and alpha investment products. New and existing investors have made 2024 a “breakout” year for Bitwise, with several key milestones… Read More

October 28, 2024 @ 11:05 pm By Omar Faridi  |  

On June 28, 2024, the US Treasury Department had released the first of what will “likely” be a few different sets of final regulations relating to digital assets. According to an extensive update from Taxbit, for the most part, this set of finalized rules addresses… Read More

October 28, 2024 @ 2:15 pm By Omar Faridi  |  

PrimeVault, a key player focused on institutional digital asset infrastructure backed by Y Combinator, Arrington XRP Capital, HashKey Capital, Cogitent Ventures, Alchemy, and G-20 Group, announced that it is adding support for the Radix Network within its platform. This integration enhances Radix’s accessibility to institutions,… Read More

October 27, 2024 @ 10:44 pm By Omar Faridi  |  

The team at Blockdaemon has shared key crypto / digital assets industry insights which aim to take a closer look at the various US Congressional actions in 2024. Sam Kim notes in a recent blog post by Blockdaemon that their overview of recent U.S. regulatory… Read More

October 27, 2024 @ 9:40 pm By Omar Faridi  |  

The global stablecoin supply is reportedly down 2.7% from a peak on Aug. 30, but is now expected to pick back up as digital token prices continue to climb higher as we get closer to the US elections. This, according to research report from OurNetwork…. Read More

October 27, 2024 @ 8:40 pm By Omar Faridi  |  

Digital assets firm Gemini has shared key crypto market updates for the past week including how US Spot Bitcoin ETFs have managed to reverse their inflow streak. In addition to this, Tether (USDT) reached new heights, as Bitcoin (BTC) price approaches the critical $70K mark… Read More

October 26, 2024 @ 8:45 am By Omar Faridi  |  

Digital assets firm Binance is introducing Binance Connect. The revamped Binance Connect offers Web3 businesses a fiat on and off-ramp solution fully integrated into the Binance ecosystem, allowing users to buy and sell crypto directly from their Binance accounts via DeFi wallets such as Trust… Read More

October 25, 2024 @ 4:07 pm By Omar Faridi  |  

Only three PoS or proof of stake blockchains are currently offering yields that are above 10%, according to an update from CoinGecko. As noted in the detailed research report from CoinGecko, Cosmos (ATOM) has the highest yield among blockchains, offering staking yields of “up to… Read More

October 24, 2024 @ 12:43 pm By Omar Faridi  |  

Talos, the provider of institutional trading technology for digital assets, announced the launch of its new Portfolio Management System (PMS), integrating all of its portfolio management tools with its flagship order and execution management system (OEMS). This offering reportedly delivers front-to-back support for portfolio managers,… Read More

October 24, 2024 @ 8:51 am By Omar Faridi  |  

Sygnum, a digital asset banking group, announces a new office in Lugano, the largest city in the Canton of Ticino and the Italian-speaking area of southern Switzerland. The move aims to expand client services and enable collaboration with the  Lugano-based Bitcoin and digital asset ecosystem… Read More

October 24, 2024 @ 8:49 am By Omar Faridi  |  

Sequence and Republic Crypto are to drive long-term growth and token utility for web3 games with scalable, secure solutions. Sequence and Republic Crypto, a web3 advisory firm and one of the venture arms at Republic, are announcing their partnership to ensure the success of web3… Read More

October 23, 2024 @ 7:23 am By Omar Faridi  |  

Garanti BBVA Kripto aims to provide high performance, security, and customer trust standards of digital assets by entering strategic collaborations with Ripple through the service received from its subsidiary and IBM, for the safe custody of its digital asset trading platform, which reportedly serves more… 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 20, 2024 @ 5:45 pm By Omar Faridi  |  

Digital assets firm Gemini noted that understanding the concept of “crowded trades” – where “net positioning” becomes “skewed” in one direction and the “market consensus is focused on one particular outcome” – is said to be a “time-tested skill” in risk analysis and trade idea… Read More