Tagged: digital assets

April 18, 2024 @ 7:13 pm By Omar Faridi  |  

After a strong 2023 Q4, the total crypto market cap continued rallying by +64.5% in 2024 Q1, reaching a high of $2.9 trillion on March 13, 2024, the team at CoinGecko noted in a new research report. CoinGecko has explained that in absolute terms, “the… Read More

April 18, 2024 @ 7:12 pm By Omar Faridi  |  

BitGo announced the launch of BitGo Ventures, BitGo’s investment arm dedicated to seeking out and fostering partnerships with FinTech infrastructure companies and blockchain projects around the world. BitGo Ventures will invest in startups “that are building secure, scalable, and digital-native financial infrastructure solutions while prioritizing… Read More

April 18, 2024 @ 6:32 pm By Omar Faridi  |  

Tether, which claims to be among the largest companies in the digital assets industry, and Fuze, a digital assets infrastructure provider with offices in Abu Dhabi, Dubai, and Istanbul, have signed a Memorandum of Understanding (MoU) in order “to establish the terms of a collaboration… Read More

April 18, 2024 @ 5:34 pm By Omar Faridi  |  

Circle marked a significant compliance milestone this month by completing a System and Organization Controls (SOC) 2 Type 2 security audit under standards established by the American Institute of Certified Public Accountants (AICPA). The SOC 2 Type 2 is a rigorous examination “conducted by an… Read More

April 18, 2024 @ 12:52 pm By Omar Faridi  |  

Failed cryptocurrency lending firm Genesis will reportedly be returning 97% of crypto-assets from a customer program with digital asset platform Gemini by May of this year. This update has been shared after a New York based bankruptcy Judge stated on Tuesday that they have approved… Read More

April 17, 2024 @ 11:18 am By Omar Faridi  |  

Aon plc (NYSE: AON), a global professional services firm, announced the successful completion of an innovative pilot for placing insurance using blockchain and smart contract technology. The pilot was conducted with Nayms SAC Ltd., “a crypto-compatible insurance marketplace, and Copper.co, a digital assets custodian.” Benefits… Read More

April 17, 2024 @ 7:38 am By Omar Faridi  |  

Bitpanda recently announce their strategic partnership with Landesbank Baden-Württemberg (LBBW), which is reportedly Germany’s largest federal bank and with a balance sheet of more than 330 billion Euros (as well as a key institution in the German banking sector). Through this collaboration, LBBW will “utilize… Read More

April 16, 2024 @ 8:08 pm By Omar Faridi  |  

OKX has reportedly launched the public mainnet of their Layer-2 (L2), X LAYER, building with more than 200 dApps across the network. X LAYER is integrated with OKX Exchange (CEX) and the OKX Web3 Wallet. Users can bridge assets from the two platforms to LAYER… Read More

April 14, 2024 @ 6:36 pm By Omar Faridi  |  

Real Bedford Football Club (RBFC) owner Peter McCormack announced that Winklevoss Capital, the investment firm owned by Gemini founders Cameron and Tyler Winklevoss, has made a $4.5M bitcoin investment into the football club. The investment is the largest ever made “into a football club in… Read More

April 14, 2024 @ 4:28 pm By Omar Faridi  |  

The team at OKX are pleased to announce their investment in Tomo, a Web3 social finance (SocialFi) protocol. This investment underpins OKX‘s commitment to “supporting innovative blockchain technology and Web3 social platforms that redefine the way users connect and interact with each other online.” Tomo’s… Read More

April 13, 2024 @ 8:16 pm By Omar Faridi  |  

LeadBlock Bitpanda Ventures (LBV), a €50 million EU investment fund, and Mantle, a burgeoning on-chain ecosystem built around the high-performance modular Ethereum layer-2 (L2) scaling solution Mantle Network and Ether liquid staking protocol Mantle LSP, have announced a strategic collaboration for Europe. The partnership comes… Read More

April 12, 2024 @ 6:41 pm By Omar Faridi  |  

BitGo is pleased to announce support for ARB, the native ERC-20 governance token for Arbitrum. Clients can now custody ARB in Hot, Custodial, and Self-Managed Cold wallets. Arbitrum is a Layer 2 (L2) technology designed “to enhance scaling solutions by empowering users to explore and… Read More

April 12, 2024 @ 3:37 pm By Omar Faridi  |  

Coinbase Derivatives says its primary goal in launching new crypto futures contracts is to create markets that offer retail traders diversification, price discovery, risk management, and margin. Since launching their futures contracts for Bitcoin Cash (BCH) and Litecoin (LTC), they claim to have “seen deeper… Read More

April 12, 2024 @ 9:27 am By Omar Faridi  |  

Binance Labs, the venture capital and incubation arm of Binance has invested in BounceBit, a Bitcoin restaking and CeDeFi protocol to expand the capabilities of Bitcoin beyond traditional storage of value. BounceBit transforms BTC from a passive asset into “a dynamic force within the ecosystem… Read More

April 9, 2024 @ 11:25 pm By Omar Faridi  |  

Bitcoin experienced a solid rally of 67.0% during the quarter, marking as one of its most impressive first quarters to date, the team at NYDIG noted in a new report. This surge was primarily fueled by “the overwhelming demand for the recently introduced spot bitcoin… Read More

April 9, 2024 @ 3:06 pm By Omar Faridi  |  

Talos, a provider of institutional trading technology for digital assets, announced its integration with Coinbase Derivatives, LLC, a futures exchange registered with the Commodity Futures Trading Commission (CFTC), “expanding the avenues available for a growing number of institutional investors seeking to gain exposure to digital… Read More

April 9, 2024 @ 11:14 am By Omar Faridi  |  

Circle, a global digital financial technology firm and the issuer of USDC and EURC, and HEC Paris, one of the world’s business schools, are pleased to announce the launch of ‘HEC Paris Center on the Future of Money and Digital Assets,’ to catalyze collaboration and… Read More

April 8, 2024 @ 8:09 am By Omar Faridi  |  

Ripple CEO Brad Garlinghouse recently stated that he thinks the combined value of the crypto-assets market may double this year. As reported by CNBC, the Ripple Chief Executive has cited the approval of the US spot bitcoin (BTC) exchange-traded fund (ETFs) as well as the… Read More

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

Ripple, the provider of enterprise blockchain and crypto solutions, announced its plans to launch a stablecoin, pegged 1:1 to the US dollar (USD). Ripple’s stablecoin will reportedly “be 100% backed by US dollar deposits, short-term US government treasuries, and other cash equivalents.” These reserve assets… Read More

April 5, 2024 @ 2:18 pm By Omar Faridi  |  

Coinbase (NASDAQ:COIN) says it has officially been registered as a Restricted Dealer by the Canadian Securities Administrators (CSA). This move reportedly makes Coinbase the largest and first international cryptocurrency exchange registered in Canada. This milestone, following their formal launch in August 2023, reinforces their commitment… Read More