Tagged: digital assets

October 18, 2023 @ 9:58 am By Omar Faridi  |  

Coinbase (NASDAQ:COIN) is reporting that Germany will become a Regional Talent Hub, “marking another key milestone in our international expansion strategy.” In 2021, Coinbase claimed that it had become the first crypto company “to receive a crypto license from BaFin.” This license, for crypto custody… Read More

October 17, 2023 @ 9:32 pm By Omar Faridi  |  

Digital asset investment products saw inflows for the 3rd consecutive week totaling US $15m, although trading volumes remain 27% below the 2023 average, according to an update from CoinShares. CoinShares also revealed in its report that Bitcoin saw $16 million inflows last week, “bringing the… Read More

October 17, 2023 @ 4:49 pm By Omar Faridi  |  

Coinbase (NASDAQ:COIN) is working to update the financial system that was built over 100 years ago by using crypto to provide people with more economic freedom and opportunity. To advance this purpose, Coinbase is building what it claims it the most “trusted” crypto products and… Read More

October 17, 2023 @ 8:42 am By Omar Faridi  |  

Tether, the largest stablecoin company in the world, reaffirmed its commitment to working closely with law enforcement agencies across the globe to combat cryptocurrency-funded terrorism and warfare. To date, Tether has “aided 31 agencies worldwide with investigations across 19 jurisdictions, freezing a total of $835… Read More

October 16, 2023 @ 11:23 pm By Omar Faridi  |  

Latin America has the seventh-largest crypto economy of all regions Chainalysis studies. it is not far behind MENA, Eastern Asia, and Eastern Europe. Its position compared to other regions has “held relatively steady over the last two years.” Latin America shows the highest preference “for… Read More

October 16, 2023 @ 9:56 pm By Omar Faridi  |  

Sygnum, the digital asset bank, has generated additional CHF multi-billion client demand by complementing its core regulated digital asset offering with traditional securities. As noted in an update from Sygnum: Market traction due to clients’ ability to combine crypto and traditional assets conveniently, simply and… Read More

October 16, 2023 @ 4:24 pm By Omar Faridi  |  

The Reserve Protocol is now live on Base, marking its first expansion beyond the Ethereum mainnet. This update matters because it aims to empower accessible innovation. As noted in a blog post by the Reserve Protocol team, the “low-cost,” and developer-friendly Ethereum L2 environment launched by… Read More

October 16, 2023 @ 4:00 pm By Omar Faridi  |  

Talos, a provider of institutional digital assets trading technology, announced its integration with Coinbase International Exchange, a licensed digital assets exchange that launched earlier this year. The integration allows mutual clients of Talos and Coinbase International Exchange based in eligible jurisdictions outside of the US… Read More

October 16, 2023 @ 8:16 am By Omar Faridi  |  

CoinList, the crypto launchpad and exchange that provides access to  established crypto assets, has launched a family of staking funds that “allow U.S. accredited investors to earn rewards through investment in a fund whose strategy is to stake digital assets.” At launch, the funds will… Read More

October 15, 2023 @ 3:31 pm By Omar Faridi  |  

During the past month, the crypto industry has experienced rapid growth. OKX Ventures has identified several scenarios where significant progress has been made: SocialFi has introduced “remarkable” products. Friend.tech has reportedly “generated over 10,000 ETH in revenue, with a TVL surpassing 30,000 ETH.” Their total… Read More

October 11, 2023 @ 10:21 pm By Omar Faridi  |  

Elliptic – the blockchain analytics and data intelligence provider – and BlockTrace – the integrator of cyber intelligence and insights – have announced a strategic partnership, which will bolster “the capabilities of national security entities to monitor the digital asset ecosystem and protect critical infrastructure… Read More

October 10, 2023 @ 11:15 pm By Omar Faridi  |  

Hong Kong’s authorities have claimed that 11 of the city’s Binance clients had been targeted in a series of phishing scams that were reportedly carried out via text messages. Hong Kong law-enforcement agencies have cautioned users of the scam as part of an October 9,… Read More

October 10, 2023 @ 8:33 pm By Omar Faridi  |  

During the 2019 Fintech Week, the Hong Kong Securities and Futures Commission (HKSFC) reportedly demonstrated a stern regulatory stance towards cryptocurrency through its publications “Position Paper: Regulation of Virtual Asset Trading Platforms” and “Warning on Virtual Asset Futures Contracts,” emphasizing strict licensure and professional investor… Read More

October 10, 2023 @ 8:55 am By Omar Faridi  |  

Crypto.com says it’s compliant with the UK Financial Conduct Authority’s (FCA) new rules that went into effect on October 8th. UK customers continue to have uninterrupted access to Crypto.com’s products and services. Crypto.com says it’s “deeply committed to developing their platform and presence in the UK… Read More

October 9, 2023 @ 5:43 pm By Omar Faridi  |  

TRM Labs is pleased to announce the appointment of Ethan Bronstein and LC Cook to leadership roles on the US sales team. Ethan Bronstein joins TRM Labs “as VP National Security Sales and LC Cook joins the company as VP Civilian Sales.” These strategic new… Read More

October 9, 2023 @ 10:09 am By Omar Faridi  |  

The crypto ecosystem faced significant challenges this year, the team at Gemini noted in a recent update. Despite the various headwinds, talented individuals across all our teams “have continued to build every day during the bear market,” Gemini claims. As they mark Gemini’s 8th anniversary,… Read More

October 8, 2023 @ 6:16 pm By Omar Faridi  |  

Hong Kong sees a larger share of transaction volume “coming in large institutional transactions of $10 million or more compared to other countries in the region — notably mainland China,” according to an update from Chainalysis. On the other end of the spectrum is South… Read More

October 6, 2023 @ 3:18 pm By Omar Faridi  |  

GFX Labs, the creators of Oku, the DeFi trading terminal powered by Uniswap v3, are pleased to announce their integration with zkSync Era, a Layer 2 scaling solution for Ethereum. This collaboration brings efficient DEX trading “to zkSync, along with the charts and analytics that… Read More

October 6, 2023 @ 9:41 am By Omar Faridi  |  

Kraken is pleased to announce their planned acquisition of Coin Meester B.V. (BCM) in the Netherlands. The deal highlights our commitment “to growing their business in Europe by leveraging our strong financial position and highly competitive product offering.” Founded in 2017, BCM claims it is… Read More

October 6, 2023 @ 8:49 am By Omar Faridi  |  

At Coinbase (NASDAQ:COIN), they’re working hard to help update the financial system by building trusted products that aim to “expand the utility and adoption of crypto because they believe crypto and blockchain technology have the ability to increase economic freedom and opportunity around the world.”… Read More