Tagged: digital assets

February 3, 2023 @ 6:19 pm By Omar Faridi  |  

Specialty insurer Relm Insurance Ltd. announces an expansion of its strategic fronting partnership with Trisura Specialty Insurance Company, enabling the Bermuda-domiciled carrier “to provide capacity in support of AM-Best rated paper for U.S. digital asset risks.” Trisura, rated A- by AM Best, claims it is… Read More

February 3, 2023 @ 11:53 am By Omar Faridi  |  

Binance, which claims to be the world’s leading cryptocurrency and blockchain infrastructure provider, announced the signing of an MoU with The Georgian Agency for Innovation and Technology (GITA). Under the agreement, both parties “expressed mutual interest in the delivery and implementation of large-scale educational and… Read More

February 1, 2023 @ 8:17 am By Omar Faridi  |  

The crypto-asset industry might have been struggling during the past year, however, global banking institution HSBC (NYSE: HSBC) is looking to enhance its expertise in the area, advertising for senior digital assets and tokenization professionals. The new roles, both at HSBC‘s Global Private Banking and… Read More

January 31, 2023 @ 9:06 am By Omar Faridi  |  

Yield App has acquired Trofi Group, a platform that offers structured product solutions for cryptocurrencies, in response “to growing investor demand for enhanced yield investment opportunities.” The acquisition adds four new structured product strategies “to Yield App’s product suite that offer the opportunity to capture… Read More

January 30, 2023 @ 11:40 am By Omar Faridi  |  

On January 6, 2023, Okcoin launched its new Unified Account and API v5 (they skipped v4 since some of their users consider the number “4” bad luck). Okcoin is excited to share “this upgraded, more seamless trading experience with a select group of users.” Over… Read More

January 29, 2023 @ 6:03 pm By Omar Faridi  |  

Asset Reality, the end-to-end solution for digital asset recovery, has raised $4.91 million in a seed round led by Framework Ventures, a venture capital firm “known for its early entry into decentralized finance (DeFi).” The investment round also “saw participation from TechStars; The Fund (who… Read More

January 29, 2023 @ 1:17 pm By Omar Faridi  |  

Marinade Finance, Solana’s No.1 protocol by total value locked (TVL), has announced a major drive “to increase staking of SOL on the blockchain as the protocol aims to increase Solana’s decentralization and grow liquidity throughout its decentralized finance (DeFi) ecosystem.” Launching February 1, Marinade’s Open… Read More

January 29, 2023 @ 12:17 pm By Omar Faridi  |  

At Binance.US, they claim to focus “fiercely” on protecting the integrity and confidentiality of their customers’ information. To this end, Binance.US are pleased to share that their platform’s security measures and countermeasures that protect their customers were recognized as “best-in-class” by the International Standards Organization… Read More

January 28, 2023 @ 10:17 am By Omar Faridi  |  

Solvo Finance, an EU-based cryptocurrency startup, has announced that their forthcoming crypto investing app will integrate Fireblocks, an easy-to-use platform “to create new blockchain-based products and manage day-to-day digital asset operations.” With the support of Fireblocks’ battle-tested technology, Solvo will be able “to provide world-class… Read More

January 27, 2023 @ 9:17 am By Omar Faridi  |  

Digital asset firm Gemini is pleased to announce the launch of electronic over-the-counter trading (eOTC), which is described as “a fully-automated crypto trading solution tailored to institutional counterparties worldwide, which will be offered through an affiliate of Gemini Trust Company, LLC (GTC).” Gemini eOTC offers… Read More

January 27, 2023 @ 9:02 am By Omar Faridi  |  

Copper.co, the provider of institutional digital asset custody and trading solutions, announces the appointment of Lord (Philip) Hammond of Runnymede, the former Chancellor of the Exchequer, as Chair. He takes up this role with “immediate effect.” Lord Hammond has “served as a Senior Adviser to… Read More

January 27, 2023 @ 8:14 am By Omar Faridi  |  

Bitpanda, the European digital asset platform, is pleased to announce the launch of Bitpanda Technology Solutions, the “scalable” Investing-as a-service infrastructure available in Europe and globally. Already serving 20+ million customers with its initial White Label API, Bitpanda Technologies Solution is now “adding features, asset… Read More

January 27, 2023 @ 8:08 am By Omar Faridi  |  

US securities regulators are looking into the operations of investment advisers over crypto-asset custody. The US Securities and Exchange Commission (SEC) is examining the activities of registered investment advisers over whether they’re following applicable guidelines around custody of customer digital assets. This, according to sources… Read More

January 26, 2023 @ 5:26 pm By Omar Faridi  |  

In order to get a better understanding of the current state of the industry, the Ferrum Network team conducted a survey “to gather insights from participants about their involvement in and views on Web3.” In order to get a better understanding of the current state… Read More

January 26, 2023 @ 12:06 pm By Omar Faridi  |  

Milo, a financial technology company that is reimagining the way crypto and global consumers access financial solutions, announced the launch of its new crypto loan product. This launch means that digital asset-holders will now have the opportunity “to use their cryptocurrency as collateral to access… Read More

January 26, 2023 @ 8:19 am By Omar Faridi  |  

Digital asset exchange Luno will reportedly be cutting 35% of Its staff. Luno’s management stated that the upcoming job cuts will impact company workers in all supported regions. Luno is part of the Digital Currency Group (DCG) and reports having over ten million customers globally…. Read More

January 25, 2023 @ 9:29 am By Omar Faridi  |  

In a report titled, Monitoring the Currents of the Crypto Market, Matías Andrade and Kyle Waters from Coinmetrics noted that the digital asset market is “experiencing a surge in activity as we kick off the new year. The update from Coinmetrics points out that Bitcoin… Read More

January 25, 2023 @ 8:37 am By Omar Faridi  |  

2022 was an impactful year in “the fight against ransomware,” according to an update from Chainalysis. Ransomware attackers extorted “at least $456.8 million from victims in 2022, down from $765.6 million the year before.” As always, they have to caveat these findings by noting “that… Read More

January 24, 2023 @ 9:04 am By Omar Faridi  |  

SCRYPT Digital, the Swiss-regulated company offering a single point of access into digital assets for institutions, has been chosen by Kiln, the tech provider behind the first enterprise-grade liquid staking protocol, in order “to provide a seamless on/off-ramping service for its treasury.” The partnership will… Read More

January 23, 2023 @ 10:25 pm By Omar Faridi  |  

SEBA Bank, a licensed digital assets bank regulated in Switzerland, has announced an innovative offering for its clients. SEBA Bank is “shaping the future of finance, simplifying crypto banking for its clients, whether traditional or crypto-savvy investors.” Clients are “the focus at SEBA.” SEBA claims… Read More