Tagged: digital assets

July 7, 2024 @ 5:38 pm By Omar Faridi  |  

The past few weeks have been really hectic for the crypto and blockchain space and certain developments may have gone somewhat unnoticed. For instance, Yield App, which claimed to have been focused on unlocking the full potential of digital assets “with a simple, safe, and… Read More

July 4, 2024 @ 1:27 pm By Omar Faridi  |  

The former Solicitor General Paul Clement, who had previously represented the Loper Bright fisherman in the SCOTUS Chevron case, has reportedly filed an amicus brief on behalf of the nascent crypto and blockchain sector in Custodia Bank‘s appeal versus the Federal Reserve. Notably, Paul Clement… Read More

June 30, 2024 @ 2:06 pm By Omar Faridi  |  

Digital assets platform CoinList recently explained how it fights Sybil Attacks. Since CoinList’s inception, their team has reportedly “removed approximately 2.4 million bots and fraudulent accounts from our platform.” For any business, removing accounts of this nature would “have negative impacts on revenue, as sybils… Read More

June 30, 2024 @ 1:17 pm By Omar Faridi  |  

Tether Operations Limited, which claims to be among the largest companies in the digital asset industry, has announced a collaboration with Uquid, a Web 3 E-commerce platform, to launch the USD₮ store. This collaboration aims to demonstrate “the practical use of USD₮ in everyday transactions… Read More

June 28, 2024 @ 6:48 pm By Omar Faridi  |  

Galaxy Asset Management, an affiliate of Galaxy Digital Holdings Ltd. (TSX: GLXY) and one of the “largest” digital assets and blockchain investment managers, and State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), announced they are collaborating to bring investors… Read More

June 28, 2024 @ 9:00 am By Omar Faridi  |  

Alchemy Pay, a fiat-crypto payment solution provider, Danal, an integrated payment business company, and Danal Fintech, the Korean domestic specialist in virtual asset payments, announced the signing of a partnership agreement on June 25. This Memorandum of understanding (MOU) aims “to enhance the competitiveness of… Read More

June 27, 2024 @ 11:23 pm By Omar Faridi  |  

Crossover Markets, a digital asset technology firm focused on meeting the unique liquidity requirements of institutions, announced that it has raised $12 million in its Series A funding round led by Illuminate Financial and DRW Venture Capital. Illuminate and DRW VC join a growing list… Read More

June 27, 2024 @ 8:50 am By Omar Faridi  |  

Marathon Digital Holdings, Inc. (NASDAQ:MARA), a global firm leveraging digital asset compute to support the energy transformation, announced that the company is mining Kaspa (KAS), a proof-of-work (PoW) digital asset, “to further diversify its portfolio of digital asset compute.” Kaspa is currently the fifth largest… Read More

June 24, 2024 @ 6:12 am By Omar Faridi  |  

BitGo has announced support for swETH and rswETH, the liquid staking and liquid restaking tokens for Swell, respectively. Clients can now custody both in Hot, Custodial, and Self-Managed Cold wallets. As explained in a blog post by BitGo, Swell is “a decentralized finance (DeFi) platform… Read More

June 23, 2024 @ 10:19 pm By Omar Faridi  |  

AMINA Bank, a licensed and FINMA-regulated digital assets bank, has announced the launch of the AMINA Payment Network (APN). Designed to address the needs of the crypto banking world, APN helps “to facilitate real-time payments to other APN members.” This new service aims to keep… Read More

June 21, 2024 @ 6:06 pm By Omar Faridi  |  

Laser Digital has reportedly received Financial Services Permission from ADGM’s Financial Services Regulatory Authority to provide services in both traditional and digital assets. Laser Digital (AD) Limited, is pleased to announce that the Financial Services Regulatory Authority of Abu Dhabi has “approved the issuance of… Read More

June 20, 2024 @ 6:55 am By Omar Faridi  |  

H1 2024 has reportedly been the biggest start to the year in CoinList history. The token launch meta shifted “from high FDV launches via airdrops to sales (fixed, node, auctions) and community rounds.” At CoinList, they’re committed to “offering their community the same, or better,… Read More

June 17, 2024 @ 6:11 am By Omar Faridi  |  

Copper.co, one of the industry’s digital asset custodians, announces a strategic partnership with Solv Protocol, a native yield platform that tokenizes and aggregates high quality yields from various sources across the industry. This collaboration leverages Copper‘s custody and collateral management solutions, including its ClearLoop technology,… Read More

June 16, 2024 @ 11:50 pm By Omar Faridi  |  

Circle is pleased to announce the expansion of their Web3 Services to support the Solana blockchain. This is a key milestone as they aim to “build a comprehensive and robust platform that empowers businesses and developers to build and launch on-chain apps.” Starting with Programmable… Read More

June 13, 2024 @ 4:25 pm By Omar Faridi  |  

Cboe Global Markets, Inc. (Cboe: CBOE), the derivatives and securities exchange network, announced it is expanding its collaboration with FTSE Russell, a global index provider, to drive products in the digital assets space. This new initiative builds on Cboe and FTSE Russell’s longstanding relationship and… Read More

June 13, 2024 @ 8:17 am By Omar Faridi  |  

ClearBank explains that cost-effective access to Faster Payments System (FPS) is offering all the advantages of the UK’s faster payments infrastructure to UK resident customers, without incurring the “costs of being a direct scheme member.” According to ClearBank, there has been significant growth in UK… Read More

June 11, 2024 @ 8:30 am By Omar Faridi  |  

Earlier this year, Ripple announced its intent to acquire Standard Custody & Trust Company, an enterprise-grade regulated custodian for digital assets. The acquisition received the “necessary regulatory approvals” and is now complete. This is a new chapter for Ripple to strengthen its existing product offerings… Read More

June 9, 2024 @ 4:13 pm By Omar Faridi  |  

Alloy, a firm focused on digital asset investment technology, and Obligate are entering a strategic partnership that will integrate Obligate’s tokenized bonds into Alloy’s comprehensive digital asset portfolio management and execution system. This collaboration aims to lead the way in “shaping how institutional asset managers… Read More

June 6, 2024 @ 1:54 pm By Omar Faridi  |  

Copper.Co, an institutional digital asset custodian has partnered with 1Token, a crypto-native investment management system provider based in Singapore and Shanghai. This collaboration is set to significantly “improve operational efficiency and security for institutional clients focused on compliance.” Through this integration, 1Token’s “advanced CAM (Crypto… Read More

June 6, 2024 @ 9:49 am By Omar Faridi  |  

Tether, which claims to be the largest company in the digital asset industry, has announced a strategic investment of $18.75M in XREX Group, a fully regulated, blockchain-enabled financial institution. This collaboration aims to drive innovation “in the digital asset industry, facilitate USDT-based cross-border payments in… Read More