Tagged: digital assets

September 6, 2023 @ 4:56 pm By Omar Faridi  |  

State lawmakers in Wyoming have reportedly passed 28 different blockchain-related bills since the year 2019. However, cryptocurrency revenue has been quite limited, even though there have been several different initiatives that were introduced. As covered, crypto VC investments have also shifted towards infrastructure development and… Read More

September 6, 2023 @ 12:37 pm By Omar Faridi  |  

Modulus is beginning its recruitment drive in order to support global expansion efforts amidst the rise of digital asset sector. Modulus, a US-based developer of technology powering Wall Street, international banks, digital asset exchanges, and global regulatory commissions, revealed its plans for worldwide expansion. The… Read More

September 6, 2023 @ 11:11 am By Omar Faridi  |  

Travis Kling, a former L/S Equities Portfolio Manager that fell down the “Crypto rabbit hole” who’s now running the Ikigai fund, notes that as summer officially draws to a close, you may have been “away from the screens over the last few months.” Travis has… Read More

September 6, 2023 @ 9:39 am By Omar Faridi  |  

James Butterfill from CoinShares notes that have been minor outflows, but inflows for Bitcoin. So, is negative sentiment “on the turn?” As noted in the update from CoinShares, digital asset investment product flows cooled off, with relatively minor outflows totaling US$11.2 million. This run of negative… Read More

September 6, 2023 @ 7:29 am By Omar Faridi  |  

Digital currency exchange Coinbase Global (NASDAQ:COIN) is introducing a crypto-asset lending platform that’s meant for larger institutional investors. This, according to a company representative statement issued on Tuesday. As first reported by Reuters, Coinbase has acquired $57 million in capital for its new virtual currency… Read More

September 5, 2023 @ 10:06 pm By Omar Faridi  |  

Matteo Greco, Research Analyst at the publicly listed digital asset and fintech investment business Fineqia International (CSE:FNQ), has shared key insights with CI. SEC vs Service Provider Developments Keeps Market Volatility Up Bitcoin (BTC) closed last week “around $26,000, a 0.5% decrease in price from… Read More

September 4, 2023 @ 9:48 am By Omar Faridi  |  

Digital currency exchange Gemini is attempting to encourage various other creditors behind a plan to get more money from bankrupt cryptocurrency lending company Genesis‘ parent firm, the Digital Currency Group (DCG), This, according to an update from the Information shared this past Friday. The latest… Read More

September 4, 2023 @ 9:13 am By Omar Faridi  |  

Keyrock, a digital asset market maker, is announcing the selection of eight web3 and Fintech startups for the 1st edition of its acceleration program in partnership with Tenity, a prominent global accelerator and incubator for fintech. The first edition of Keyrock’s Accelerator Program will “start… Read More

September 4, 2023 @ 1:46 am By Omar Faridi  |  

Elliptic – which claims to be the global leader in crypto-asset risk management – is pleased to announce that it is collaborating with Provenance Blockchain Foundation in order “to integrate the Provenance Blockchain into its wallet intelligence tool.” With Elliptic Lens, companies transacting on the… Read More

September 3, 2023 @ 8:13 pm By Omar Faridi  |  

The team at Rebuildingsociety is pleased to announce a new service for the approval of financial promotions for crypto-asset firms. Building on their experience as a Network Principal, rebuildingsociety.com is used to reviewing and approving third-party financial promotions. They are also familiar “with the ‘high-risk… Read More

September 3, 2023 @ 4:59 pm By Omar Faridi  |  

Zodia Custody, which claims to be a leading institution-first digital asset custodian whose shareholders include Standard Chartered, SBI Holdings and Northern Trust, has recently appointed Jonathan Hugh as “the firm’s new Chief Financial Officer, effective immediately.” As part of his role, Jonathan will be “responsible… Read More

September 2, 2023 @ 12:27 pm By Omar Faridi  |  

The new solution allows Binance users in 9 countries in the region to transfer funds from crypto to bank accounts more easily, quickly and cost-effectively. Binance, which claims to be the world’s leading blockchain and cryptocurrency infrastructure provider and biggest exchange by trading volume (and… Read More

September 2, 2023 @ 10:20 am By Omar Faridi  |  

Users in Germany and the UK can now link their PayPal (NASDAQ:PYPL) account directly to Coinbase (NASDAQ:COIN) in order to buy cryptocurrencies, “providing a hassle-free, trusted, and secure purchasing and withdrawal option.” Coinbase now offers their German and UK users a quick and hassle-free method… Read More

September 1, 2023 @ 7:34 pm By Omar Faridi  |  

ZA Bank has reportedly become the first settlement bank for HashKey Exchange, Hong Kong’s first licensed retail virtual asset exchange, as it starts “offering fiat-currency deposit and withdrawal services to investors who hold a ZA Bank account.” As part of its “Banking for Web3” ambition,… Read More

September 1, 2023 @ 5:44 pm By Omar Faridi  |  

USDC issued by Circle will reportedly be “native to OP Mainnet and can be considered the official form of USDC for the ecosystem.” Over time, native USDC liquidity may “grow and replace the currently circulating bridged USDC liquidity that comes from Ethereum.” Native USDC will… Read More

September 1, 2023 @ 3:59 pm By Omar Faridi  |  

This strategic partnership showcases Copper‘s continued commitment to providing secure and reliable custody services “for innovative blockchain projects and protocols and promoting sustainability.” Copper, a digital asset infrastructure provider, is has officially integrated custody support for Sustainable Bitcoin Protocol‘s new asset, the Sustainable Bitcoin Certificate… Read More

September 1, 2023 @ 10:15 am By Omar Faridi  |  

Nexo, the institution for digital assets, is redefining daily crypto transactions by unveiling the world’s first Dual Mode capability featuring both debit and credit. This strategic enhancement will further enrich the capabilities and user experience of the pioneering Nexo Card, released in 2022 in partnership… Read More

August 31, 2023 @ 6:50 pm By Omar Faridi  |  

SEBA Bank, a full-service, global crypto bank providing financial solutions for the digital age (wealth management, investment, trading, and advisory services), has announced that an approval-in-principle (AIP) from the Securities and Futures Commission (SFC) in Hong Kong has been issued to its regional subsidiary, SEBA… Read More

August 31, 2023 @ 6:47 pm By Omar Faridi  |  

Argentina is regarded as one of the world’s “leading” countries for innovation and crypto adoption, according to an update shared by WorldCoin. That reputation was reinforced in August, “as demand for World ID in Argentina drove a new single day record for Orb verifications.” This,… Read More

August 31, 2023 @ 11:40 am By Omar Faridi  |  

Robinhood (NASDAQ:HOOD),  Jump Trading are no longer working cooperatively on crypto-related initiatives. Robinhood’s entry into the nascent crypto and blockchain sector a few years back had been supported by Jump Trading, a large firm focused on traditional financial services/markets. Robinhood Markets, the retail broker whose… Read More