Tagged: digital assets

May 25, 2024 @ 11:35 am By Omar Faridi  |  

Bakkt Holdings, Inc. (NYSE: BKKT) announced that Ray Kamrath was appointed as the Chief Commercial Officer of Bakkt’s crypto business. In this newly created position, Kamrath will be reporting directly to Andy Main, Bakkt’s Chief Executive Officer. Main said: “By appointing Ray Kamrath to lead… Read More

May 25, 2024 @ 8:33 am By Omar Faridi  |  

Digital bank Revolut has reportedly integrated with self-custody crypto wallet MetaMask, allowing clients to replenish their holdings with crypto-asset purchases via their Revolut accounts. According to the update, the integration offers a frictionless on-ramp for fiat-to-crypto purchases to the MetaMask Wallet, enhancing the process of… Read More

May 24, 2024 @ 8:58 am By Omar Faridi  |  

VersiFi, the digital asset trading and lending firm, announced it has acquired Ather Digital for an undisclosed amount. The deal, which closed in May, bolsters VersiFi’s suite of trading technology “to include direct market access (DMA), algorithmic trading and smart order routing (SOR).” Ather Digital… Read More

May 23, 2024 @ 10:20 pm By Omar Faridi  |  

Binance Labs, the venture capital and incubation arm of Binance, has invested in Aevo, a high-performance Layer 2 (L2) built on top of the OP Stack that allows perpetual trading, pre-launch futures, and options, all on the same platform with a single margin account. Its… Read More

May 22, 2024 @ 7:09 pm By JD Alois  |  

After an impassioned debate by multiple Democrats criticizing the legislation, the Financial Innovation and Technology for the 21st Century Act (FIT21), HR 4763, has been approved by the US House of Representatives. The final vote showed solid support as 208 Republicans were joined by 71… Read More

May 22, 2024 @ 10:49 am By Omar Faridi  |  

SIX Digital Exchange (SDX) announces that digital asset issuances facilitated on its platform will surpass 1 billion Swiss Francs (CHF) with the settlement of the CHF 200mn bond by the World Bank priced on 15 May. This achievement marks a key advancement in “the realm… Read More

May 22, 2024 @ 8:43 am By Omar Faridi  |  

Taurus, a global firm focused on institutional-grade digital asset infrastructure, announces the opening of its newest office in Vancouver, Canada, the first in North America. This expansion marks a significant milestone in Taurus‘ international growth strategy and reinforces its position as a technology provider in… Read More

May 21, 2024 @ 8:41 am By Omar Faridi  |  

OKX are pleased to announce that they have invested in Bitlayer, which is describe as the first Bitcoin security-equivalent Layer 2 based on BitVM. Bitlayer aims to scale the Bitcoin network’s transaction capability. Advocating for the Taproot and BitVM technologies, Bitlayer has “adopted the Discreet… Read More

May 20, 2024 @ 11:45 pm By Omar Faridi  |  

Talos, the provider of digital asset trading technology for institutions, and One Trading, a crypto trading venue headquartered and regulated in the European Union, announced an integration designed to expand liquidity access for institutions. As part of the collaboration, One Trading joins the Talos network… Read More

May 20, 2024 @ 7:42 am By Omar Faridi  |  

Tether Operations Limited, which claims to be among the largest company in the digital asset industry, is joining forces with Oobit, a mobile payment app, and the TON Foundation to revolutionize the use of cryptocurrencies as a means of payment, offering users a seamless and… Read More

May 19, 2024 @ 1:42 pm By Omar Faridi  |  

Ripple releases the quarterly XRP Markets Report to voluntarily provide transparency and regular updates on the company’s views on the state of crypto markets, relevant XRP Ledger and XRP-related announcements, and market developments over the previous quarter. As an XRP holder, Ripple believes in “proactive… Read More

May 18, 2024 @ 9:57 am By Omar Faridi  |  

In Q1 2024, crypto fundraising increased significantly as startups secured $2.4 billion across 518 deals, according to an update from PitchBook. PitcbBook further revealed that this “represents a 40.3% increase in invested capital and a 44.7% jump in deal volume compared with the previous quarter.”… Read More

May 17, 2024 @ 8:59 am By Omar Faridi  |  

Bitcoin Suisse reports on its 2023 financial result and provides an outlook into 2024. During a phase of what market insiders commonly refer to as “crypto winter”, the company streamlined its offering, increased the scalability and efficiency of its infrastructure, and invested into future products… Read More

May 16, 2024 @ 10:37 pm By Omar Faridi  |  

Institutional crypto platform Anchorage Digital has announced support for native DYDX staking. Now, institutions can stake DYDX from safe and secure custody “at Anchorage Digital and earn staking rewards distributed by the protocol in USDC.” As home to the only federally chartered digital asset bank,… Read More

May 16, 2024 @ 8:25 am By Omar Faridi  |  

Bitpanda, Europe’s crypto company, has reported its most significant quarters of growth to date, with revenue for Q1 FY ‘24 exceeding €100 million. The wider market experienced a significant downturn in 2022, which led Bitpanda to rethink its “long-term growth strategy.” This meant a refocus… Read More

May 15, 2024 @ 4:17 pm By Omar Faridi  |  

Sally Meouche-Ghrawi, Executive Board Member of eSync Network, recently shared her views and insights regarding the importance of RWA (real-world assets) tokenization and the rise of blockchain technology. Sally Meouche discusses the potential benefits of leveraging distributed ledger technology (DLT) to streamline key processes. Our… Read More

May 15, 2024 @ 12:02 pm By Omar Faridi  |  

Ripple and Peersyst will leverage evmOS in order to further develop and enhance the XRP Ledger (XRPL) EVM sidechain, which is currently in Devnet. The XRPL EVM sidechain will be “built leveraging evmOS — a modular and customizable tech stack offered by Evmos.” evmOS enables… Read More

May 15, 2024 @ 9:28 am By Omar Faridi  |  

Galaxy Digital Holdings Ltd. (TSX: GLXY) released financial results for the three months ended March 31, 2024, for both itself and Galaxy Digital Holdings LP. Galaxy says that it continues “to work on completing its proposed reorganization and domestication to become a Delaware-incorporated company and… Read More

May 15, 2024 @ 8:22 am By Omar Faridi  |  

Paxos, the regulated blockchain and tokenization infrastructure platform, announced it has added J. Christopher Giancarlo, former Chairman of the United States Commodity Futures Trading Commission (CFTC), to its board of directors. A key figure in the financial services industry, and a passionate blockchain technology advocate,… Read More

May 15, 2024 @ 8:10 am By Omar Faridi  |  

Robinhood (NASDAQ:HOOD), which recently received a Wells Notice from the SEC, has announced a series of new features offered by Robinhood Crypto specifically designed for its customers in Europe, including staking, localized apps, crypto rewards for new customers, and updated Learn & Earn modules. These… Read More