Tagged: digital assets

February 17, 2023 @ 2:17 pm By Omar Faridi  |  

As we look towards the future of crypto, 2023 presents Blockchain.com with an opportunity to build upon their success, “prepare for what’s ahead and — most importantly — continue to support their tens of millions of customers in over 150 countries.” To kick off this… Read More

February 17, 2023 @ 8:34 am By Omar Faridi  |  

DBS reported an 80% year-on-year growth in the number of Bitcoin (BTC) traded on the DBS Digital Exchange (DDEx) in 2022, and “a doubling in the number of BTC custodised with the bank’s digital asset custody solution.” The firm claims these business metrics “underscore the… Read More

February 14, 2023 @ 10:17 am By Omar Faridi  |  

Coincover announced $30M in funding, “led by Silicon Valley’s Foundation Capital with follow-on investment from CMT digital.” The fresh capital will “accelerate recruitment, product updates, and partnerships to safeguard the crypto ecosystem – preventing, compensating, and protecting against crypto threats.” Founded in 2018 and launched… Read More

February 13, 2023 @ 1:47 pm By Omar Faridi  |  

As more of the crypto ecosystem adopts proof of stake over the more energy-intensive proof of work protocol, crypto users around the world are “being introduced to the benefits of ‘staking,” according to an update from Coinbase (NASDAQ:COIN). Paul Grewal, Chief Legal Officer at Coinbase,… Read More

February 13, 2023 @ 12:57 pm By Omar Faridi  |  

FalconX, a digital assets platform for institutional investors, announced that Baris Cetinok has joined the team as Chief Product Officer. As a product and technology veteran with more than 25 years of experience, Cetinok has played an integral role in “shaping important business initiatives and… Read More

February 12, 2023 @ 9:58 pm By Omar Faridi  |  

BANXA Holdings Inc. (TSXV:BNXA), the on-and-off ramp solution for Web3, announced an integration with ConsenSys’ self-custody Web3 wallet, MetaMask, “to simplify on-and-off ramping fiat to crypto.” On top of global users being able to purchase crypto via standard methods such as credit cards and Apple… Read More

February 12, 2023 @ 6:17 pm By Omar Faridi  |  

Crowdfund Insider recently connected with Mike Taormina, Alluvial’s Co-Founder Chief Operating Officer. As COO of Alluvial, he works with industry professionals to build Liquid Collective, an enterprise-grade liquid staking standard. Alluvial is the software development company supporting the implementation of the Liquid Collective protocol. Alluvial… Read More

February 10, 2023 @ 5:38 pm By Omar Faridi  |  

Vaultavo Inc. has developed a patent-pending crypto custody solution “to address the security requirements of the institutional market and its clients.” The Vaultavo Custody Solution “combines the world’s first biometric digital asset custody smart card with state-of-the-art proprietary vaults and secure SaaS digital platform and… Read More

February 10, 2023 @ 8:44 am By Omar Faridi  |  

  Digital asset firm Kraken’s settlement with the US Securities and Exchange Commission (SEC) has left many wondering what this means for the industry’s future. Fireblocks’ Chief Legal & Compliance Officer Jason Allegrante and Proof of Stake Alliance (POSA)’s Executive Director Alison Mangiero have the… Read More

February 10, 2023 @ 8:34 am By Omar Faridi  |  

Rosbank demonstrated the first digital gold exchange deal in Russia using digital rubles. According to the bank it involved “the exchange of tokenized gold between two parties using innovative distributed ledger technology (blockchain) to ensure the security and continuity of the process.” The project was… Read More

February 7, 2023 @ 11:31 pm By Omar Faridi  |  

SBI Digital Asset Holdings Co., Ltd. (SBI DAH) and Zodia Custody Limited, a crypto asset servicing provider for institutional investors and a subsidiary of Standard Chartered, announce that they have reportedly “entered into definitive agreements to launch a joint venture in Japan.” Subject to anti-trust… Read More

February 7, 2023 @ 4:51 pm By Omar Faridi  |  

Tax season is a “dreaded” time of the year for many — especially crypto users, according to an update from Binance. Scouring a spreadsheet and computing all your transactions, gains, and losses throughout the past year can be, well, “taxing.” For day traders, who normally… Read More

February 7, 2023 @ 10:54 am By Omar Faridi  |  

Gate.io, which claims to be one of the world’s “leading” digital asset trading platforms, has chosen Coinfirm, a key player focused on analytics and anti-money laundering (AML) solutions for the blockchain industry, “as one of its key AML/CFT partners.” The partnership will “give Gate.io access… Read More

February 6, 2023 @ 7:02 pm By Omar Faridi  |  

Binance, which claims to be the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider, has invested in GOPAX, a South Korean cryptocurrency exchange licensed “to provide fiat-to-crypto services to customers, as part of its Industry Recovery Initiative (IRI).” In November 2022, GOPAX halted “the withdrawal… Read More

February 6, 2023 @ 8:11 am By Omar Faridi  |  

The UK government has released proposals for regulation of the cryptocurrency industry in hopes of “stabilizing the market while diminishing the incentives for users to flock to offshore jurisdictions.” Perhaps one of the benefits of the post-FTX landscape is that regulators are now “urged to… Read More

February 5, 2023 @ 1:50 pm By Omar Faridi  |  

The Hong Kong Monetary Authority (HKMA) issued the consultation conclusion to the discussion paper on crypto-assets and stablecoins (the “Consultation Conclusion”), summarizing the feedback “received in relation to the paper and the HKMA’s response.” In the Consultation Conclusion, the HKMA proposes “to bring certain activities… Read More

February 4, 2023 @ 4:24 pm By Omar Faridi  |  

Threshold Network, a provider of cryptography services to unlock greater utility of digital assets, announced the launch of tBTC, the industry’s “only” decentralized, permissionless, and scalable Bitcoin-to-Ethereum bridge. The launch will “allow users to wrap their BTC in exchange for tBTC tokens that can be… Read More

February 4, 2023 @ 10:14 am By Omar Faridi  |  

Finnish Fintech company Membrane Finance has launched EUROe – Europe’s “first” and “only” EU-regulated full-reserve stablecoin and payment network. EUROe transforms “a fiat Euro into a 1:1 pegged digital currency transactable on Ethereum, with planned support for an increasing number of blockchains.” One EUROe is… Read More

February 4, 2023 @ 10:12 am By Omar Faridi  |  

Paxos, the “comprehensively” regulated blockchain and tokenization infrastructure platform, announced it is launching “an engineering research & development center of security and cryptography excellence in Israel.” Paxos plans “to expand its Israel engineering center with senior, staff and principal engineers with specialized skills in enterprise-grade… Read More

February 3, 2023 @ 7:23 pm By Omar Faridi  |  

In an effort to lead the industry in “trust” and “transparency” on their mission to accelerate the adoption of cryptocurrency, Kraken is pleased to release its 2022 Transparency Report. The 2022 Transparency Report “provides a summary of how they protect their clients’ privacy and financial… Read More