Tagged: digital assets

December 16, 2023 @ 12:22 pm By Michael Wong  |  

OneDegree, a Hong Kong-based insurer specializing in digital assets, has formed a strategic alliance with Dubai Insurance Company to introduce digital asset insurance in the United Arab Emirates (UAE). This partnership includes Dubai Insurance’s investment in OneDegree’s Series B funding round. The collaboration aims to… Read More

December 15, 2023 @ 5:05 pm By Omar Faridi  |  

The Swiss credit fintech Teylor and digital asset custody and tokenization provider Taurus launch the Teylor ledger-based security, aiming “to make SME credit accessible as an asset class.” Teylor originates and manages SME loans “through its Teylor credit platform.” By tokenizing part of this credit… Read More

December 15, 2023 @ 11:50 am By Omar Faridi  |  

Digital asset firm Gemini is introducing their 2024 Crypto Trend Report. Before they explore the innovation and “promise” they see on the horizon, Gemini thinks it’s important to reflect on a volatile and challenging 2023. As mentioned in a blog post by Gemini, reverberations from… Read More

December 15, 2023 @ 8:00 am By Omar Faridi  |  

Coinbase International Exchange is set to introduce spot markets. Coinbase (NASDAQ:COIN) has officially announced the next phase of their Coinbase International Exchange expansion – the launch of non-US spot markets “for eligible customers.” This latest development is designed to address “the unique needs and demands… Read More

December 14, 2023 @ 9:18 pm By Omar Faridi  |  

Galaxy (TSX: GLXY) has announced the intended formation of AllUnity, as part of a new partnership between DWS, Flow Traders and Galaxy, whose mission is to enhance the on-chain economy by issuing a fully collateralized EUR-denominated stablecoin. AllUnity will be regulated “by BaFin, Germany‘s financial… Read More

December 14, 2023 @ 5:55 am By Omar Faridi  |  

Sygnum launches its inaugural institutional investor crypto survey report, Future Finance 23. The purpose of the research is “to accurately measure institutional crypto adoption, track trends over time, and profile the needs and challenges of future institutional crypto market entrants.” Key themes include: 40% of… Read More

December 13, 2023 @ 10:56 am By Omar Faridi  |  

The HBAR Foundation and Archax have shared plans to enhance their partnership by expanding support for HBAR staking, the native cryptocurrency of the Hedera network, as well as the pursuit of further tokenisation projects. Building on the recent addition of HBAR to its crypto spot… Read More

December 13, 2023 @ 9:50 am By Omar Faridi  |  

This past week saw the release of Bitcoin Core 26.0, ushering in a new version of “Bitcoin,” the team at NYDIG noted. While the Bitcoin ecosystem at large consists of numerous pieces of software that interoperate (wallets, mining software, Lightning, alternative implementations of Bitcoin written… Read More

December 13, 2023 @ 9:23 am By Omar Faridi  |  

Elliptic, the global firm focused on crypto-asset risk management, announced a partnership with The Ascent Group, an independent global fund administrator. The Singaporean company will leverage Elliptic’s real-time wallet transaction screening capability, which is “supported by Elliptic’s cross-chain and cross-asset Holistic Screening technology.” This suite… Read More

December 12, 2023 @ 5:00 pm By Omar Faridi  |  

Tether, which claims to be the leader in innovative blockchain technology, has announced recently a “significant” collaboration with Bitkub Online Co., Ltd. (Bitkub Exchange), Thailand’s cryptocurrency exchange (reportedly one of the most active in terms of crypto trading volume). This collaboration aims to launch “a… Read More

December 12, 2023 @ 9:39 am By Omar Faridi  |  

The CertiK team has released an update, titled, The Rise of Stablecoins in Unstable Times. As noted in a blog post by CertiK, the total value of circulating stablecoins currently “stands north of $120 billion.” As stated in the CertiK update, they have steadily “grown… Read More

December 12, 2023 @ 8:12 am By Omar Faridi  |  

Crypto exchange Binance, which recently agreed to pay a massive $4.3 billion+ as part of an unprecedented settlement with US regulators, is now preparing to leave the Russian market. The company will also end support for Ruble-based transactions due to regulatory challenges. Binance confirmed that… Read More

December 11, 2023 @ 1:07 pm By Omar Faridi  |  

GFO-X announces that M&G Investments has led a $30 million Series B funding round for the company and will join the Board of Global Futures and Options Holdings. The investment will fund GFO-X through its forthcoming launch and “support future innovation in the regulated digital… Read More

December 10, 2023 @ 4:43 pm By Omar Faridi  |  

Tether, which claims to be the largest company in the cryptocurrency industry, announced its latest initiative aimed “at safeguarding the cryptocurrency ecosystem.” On December 1, 2023, the company made the decision to “initiate a new voluntary wallet-freezing policy designed to combat activity connected with Sanctioned… Read More

December 9, 2023 @ 10:38 pm By Omar Faridi  |  

Safe, the smart wallet infrastructure provider, is collaborating with Sygnum, a digital asset banking group, and CoinCover, a UK-regulated recovery service provider, to launch Safe{RecoveryHub}, “offering a curated suite of crypto recovery options.” Built with Safe’s smart account infrastructure at its core, this marketplace of… Read More

December 9, 2023 @ 3:02 pm By Omar Faridi  |  

IBM is announcing IBM Hyper Protect Offline Signing Orchestrator (OSO)—a new technology to help deploy cold storage solutions for digital assets, and the latest addition to its confidential computing portfolio. OSO is designed to “address limitations of current cold storage offerings for digital assets, including… Read More

December 8, 2023 @ 6:31 pm By Omar Faridi  |  

In 2021, BBVA in Switzerland was a pioneer among large Eurozone banks when it introduced a bitcoin trading and custody service. This was later expanded to “include ether, thus allowing interested investors the possibility of trading directly with the two most important crypto-assets on the… Read More

December 8, 2023 @ 2:07 pm By Omar Faridi  |  

STOXX has introduced the STOXX Digital Asset Blue Chip index, which aims to track high-quality assets that represent the crypto universe today. The launch, in partnership with Bitcoin Suisse, a Swiss crypto-financial services provider, marks STOXX’s entry into the digital assets space. Dr. Dirk Klee,… Read More

December 7, 2023 @ 8:06 am By Omar Faridi  |  

Robinhood (NASDAQ: HOOD) is launching a Crypto app, which will be offered to all eligible customers in the European Union (EU). According to a blog post by Robinhood, it is “the only custodial crypto platform where customers will get a percentage of their trading volume… Read More

December 5, 2023 @ 10:11 pm By Omar Faridi  |  

Americans’ primary objection to using cash in the current financial system is that “there are too many fees to access and move their money.” According to Coinbase (NASDAQ:COIN), stablecoins offer consumers “all the benefits of cash without the drawbacks, including being cheaper and faster to… Read More