Tagged: digital assets

October 7, 2024 @ 9:21 am By Omar Faridi  |  

Sygnum is launching a web3 wallet recovery module built on Safe via the Safe{RecoveryHub}. According to Sygnum Bank, this solution makes self-custody wallet recovery reliable and user-friendly. Given more than 900K ETH (USD 2.27 billion) estimated as inaccessible to users, and losses due to forgotten… Read More

October 7, 2024 @ 8:42 am By Omar Faridi  |  

CCData has shared their latest Stablecoins & CBDCs Report which offers an analysis of some of the key developments surrounding the evolving stablecoins ecosystem and CBDCs or central bank digital currencies. In September of this year, the total market cap of stablecoins surged by a… Read More

October 6, 2024 @ 2:35 pm By Omar Faridi  |  

Digital assets firm OKX has reportedly launched OKX OS, which is described as a comprehensive onchain infrastructure suite that is designed to open up the technology stacks behind their Wallet, supporting an international community of blockchain and Web3 developers to build robust applications efficiently across… Read More

October 5, 2024 @ 9:36 am By Omar Faridi  |  

Coin Metrics has shared key industry insights on the Bitcoin, crypto and blockchain space in their latest State of the Network’s Q3 2024 report. Tanay Ved and Matías Andrade from Coin Metrics noted that despite volatility from factors like Mt. Gox repayments and the Yen… Read More

October 5, 2024 @ 5:11 am By Omar Faridi  |  

NYDIG Research notes that Bitcoin rose 2.5% in the “seasonally weak” Q3 of this year as the digital asset bounced back from a decline in Q2. NYDIG Research pointed out that Bitcoin (BTC), the flagship cryptocurrency, is still the “best performing” asset/asset class during 2024,… Read More

October 4, 2024 @ 2:43 pm By Omar Faridi  |  

Alloy, a provider of Portfolio Management System (PMS) and Order Management System (OMS) solutions for digital assets, has announced a strategic integration with Copper. Copper is a key player focused on digital asset custody, collateral management, and prime services. This partnership enables clients to manage… Read More

October 4, 2024 @ 8:34 am By Omar Faridi  |  

As the digital asset landscape evolves, the demand for efficient data solutions has never been more “pressing.” Realizing this key requirement, Tetra Trust, Canada‘s qualified custodian for digital assets, has turned to Ledgible, a digital asset tax and accounting platform, to enhance their crypto-assets reconciliation… Read More

October 3, 2024 @ 10:59 pm By Omar Faridi  |  

Digital assets firm Gemini has shared an analyst note which pointed out that a lot of the recent stablecoin onchain activity has, for the most part, remained fairly resilient despite the headwinds across global financial markets. As stated in the latest research report from Gemini,… Read More

October 3, 2024 @ 9:11 am By JD Alois  |  

Swift has announced that central and commercial banks may use the Swift network to carry out trial transactions of digital currencies and digital assets. The project kicks off in 2025. The digitization of assets has been ongoing for years. Digital assets can take many forms,… Read More

October 3, 2024 @ 6:23 am By Omar Faridi  |  

Coin Metrics has released a report entitled, The Crypto Universe Through the Lens of datonomy. Tanay Ved and Matías Andrade from Coin Metrics noted that the crypto universe has expanded from a single asset in 2009 to “a vast ecosystem of 4 asset classes, 14… Read More

October 3, 2024 @ 6:12 am By Omar Faridi  |  

Taurus, which claims to be a full-stack digital asset infrastructure platform covering issuance, custody, and trading, and Chainlink Labs, a developer of Chainlink—the infrastructure for the tokenized asset economy— announced a collaboration to enable the adoption of tokenized assets by financial institutions. Taurus and Chainlink… Read More

October 2, 2024 @ 12:02 pm By Omar Faridi  |  

Binance reveals that it has been incorporated into Argentina’s Virtual Asset Service Providers Registry by the country’s National Securities Commission (CNV), marking the digital asset exchange’s 20th regulatory milestone internationally and expanding its suite of crypto and blockchain / Web3 services to Argentina-based consumers. This… Read More

October 2, 2024 @ 7:42 am By Omar Faridi  |  

The latest DFSA approval unlocks Ripple’s end-to-end payment services in the UAE, boosting Middle East operations. Ripple, the provider of digital asset infrastructure, has secured in-principle approval from the Dubai Financial Services Authority (DFSA) in order to expand its services from the Dubai International Financial… Read More

October 1, 2024 @ 11:22 am By Omar Faridi  |  

Matrixport, an all-in-one crypto financial services hub, announced the completion of its all-cash acquisition of Crypto Finance (Asset Management) AG (CFAM), a licensed Swiss crypto asset manager that was previously part of the Deutsche Börse Group-owned Crypto Finance Group (CFG). Now doing business as Matrixport… Read More

October 1, 2024 @ 8:38 am By Omar Faridi  |  

Fireblocks, an enterprise platform to manage digital asset operations and build innovative businesses on blockchain, announces that it has joined forces with Ownera, a provider of tokenization interoperability routers, to enhance the Fireblocks Network, the digital asset network providing direct connectivity to crypto capital markets…. Read More

September 30, 2024 @ 9:07 pm By Omar Faridi  |  

NYDIG Research has shared an extensive updated highlight the path for options on Bitcoin ETFs along with other key blockchain and crypto industry insights. With the SEC approving IBIT options, the research report from NYDIG looks “at the next steps required for options to begin… Read More

September 30, 2024 @ 9:06 pm By Omar Faridi  |  

Nexo, the institution for digital assets, today announced its strategic membership in the Colombia Fintech Association. This move comes as Nexo experiences “a 73% surge in local clients, using Nexo’s crypto-yield products, underlining the company’s significant expansion into Colombia‘s flourishing crypto market.” Nexo’s membership in… Read More

September 30, 2024 @ 1:06 pm By Omar Faridi  |  

Crypto markets moved sideways in Q3 2024, as measured by the FTSE/Grayscale Crypto Sectors family of indexes. This, according to an extensive report from Grayscale. Grayscale noted in its report that changes to the FTSE/Grayscale family of indexes this year highlight emergent themes “for the… Read More

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

Digital assets firm OKX has released its 23rd Proof of Reserves Snapshot, reporting $19.4 billion in primary assets that are said to be backing customer funds. With the collapse of numerous crypto exchanges over the years, with FTX being among the most notable, it has… Read More

September 26, 2024 @ 8:00 am By Omar Faridi  |  

Stablecoins are tokens whose values are pegged to other assets, like commodities or fiat currencies, to stabilize their prices. This, according to a report from CoinGecko. The research report from CoinGecko explains that “by maintaining a peg to a specific fiat currency, asset, or commodity,… Read More