Tagged: crypto-assets

August 16, 2024 @ 7:52 am By Omar Faridi  |  

Chainalysis has released the report, entitled 2024 Crypto Crime Mid-year Update Part 1: Cybercrime Climbs as Exchange Thieves and Ransomware Attackers Grow Bolder As noted in the report from Chainalysis, aggregate illicit activity on-chain “has dropped by almost 20% year-to-date, demonstrating that legitimate activity is… Read More

August 13, 2024 @ 8:10 am By Omar Faridi  |  

Elliptic, the global authority in cryptoasset risk management, is pleased to announce the integration of Injective, a layer-1 blockchain tailored for decentralized finance (DeFi), into its extensive suite of screening and investigation products. This integration emphasizes Elliptic’s ongoing dedication “to delivering compliance and analytics solutions… Read More

August 11, 2024 @ 4:25 pm By Omar Faridi  |  

Ethereum turned Inflationary in 2024 for the first time since 2022 according to an update from CoinGecko. CoinGecko‘s latest report has looked into just how much ETH has been burned. As of August 5, 2024, the Ethereum network has “burned a total of 465,657 ETH… Read More

August 3, 2024 @ 5:24 pm By Omar Faridi  |  

Elliptic, a global firm focused on crypto asset risk management, announced integrating support for Hedera’s Stablecoin Studio into its Holistic screening and investigation solutions. This will bring issuers on the platform an additional layer of risk mitigation. This new integration is “supported by The HBAR Foundation, an… Read More

July 29, 2024 @ 7:34 am By Omar Faridi  |  

One Trading, a European crypto-asset exchange, has reportedly been granted an Organized Trading Facility (OTF) License by the Dutch financial market regulator. This license establishes One Trading as “a MiFID II trading venue and marks a significant milestone in the company’s multi-year journey with the… Read More

July 25, 2024 @ 3:03 pm By Omar Faridi  |  

Copper.co, a firm focused on digital asset custody, collateral management, and prime services, has today announced three leadership appointments. Michael Roberts has reportedly been appointed Chief Commercial Officer (CCO) at Copper.co. After two years as Copper’s Head of Prime, Michael Roberts has officially taken up… Read More

July 24, 2024 @ 11:02 am By Omar Faridi  |  

Elliptic, the global firm focused on crypto-asset risk management, is pleased to announce the integration of World Chain, a blockchain designed to prioritize humans, into its Holistic suite of screening and investigation compliance solutions. World Chain is secured by Ethereum as a Layer-2 (L2) and… Read More

July 17, 2024 @ 7:55 am By Omar Faridi  |  

The three European Supervisory Authorities (EBA, EIOPA, and ESMA – the ESAs) published a consultation paper on Guidelines under Markets in Crypto-assets Regulation (MiCAR), establishing templates “for explanations and legal opinions regarding the classification of crypto-assets along with a standardized test to foster a common… Read More

July 10, 2024 @ 12:00 pm By Omar Faridi  |  

Alchemy Pay, the fiat-payment gateway, now supports cash payments on its On-ramp service for Taiwan users that enhances the convenience of purchasing crypto-assets. Users can now place the order and pay with cash in Taiwan’s local fiat currency, TWD, at popular offline convenience stores “such… Read More

July 5, 2024 @ 8:28 am By Omar Faridi  |  

The European Banking Authority (EBA) issued new Guidelines on the so-called ‘travel rule’, i.e. the information that should accompany transfers of funds and certain crypto assets. This rule will help tackle “the abuse of such transfers for money laundering and terrorist financing purposes.” The Guidelines… Read More

June 24, 2024 @ 7:40 am By Omar Faridi  |  

ARK Invest says it aims to deliver long-term capital appreciation by investing in the leaders, enablers, and beneficiaries of disruptive innovation. ARK has shared a detailed report that explores the potential impact of disruptive innovations, including AI and decentralized virtual currencies like Bitcoin and Ethereum…. Read More

June 6, 2024 @ 7:05 am By Omar Faridi  |  

The Autorité des Marchés Financiers (AMF) warns the public about the activities of several fraudulent market participants and publishes a new ‘blacklist’ (focused on crypto-assets service providers in France). As part of its update, the AMF is adding “to and reorganizing the list of websites… Read More

June 1, 2024 @ 11:14 am By Omar Faridi  |  

SCRYPT, a provider of crypto asset financial services, has announced the successful close of a $5 million strategic funding round led by Braza Bank. Venture capital firms, including Funfair Ventures, Cabrit Capital, and Atlantic Labs, also participated. The firm is also pleased to announce “that… Read More

May 25, 2024 @ 11:35 am By Omar Faridi  |  

Bakkt Holdings, Inc. (NYSE: BKKT) announced that Ray Kamrath was appointed as the Chief Commercial Officer of Bakkt’s crypto business. In this newly created position, Kamrath will be reporting directly to Andy Main, Bakkt’s Chief Executive Officer. Main said: “By appointing Ray Kamrath to lead… Read More

May 6, 2024 @ 6:32 pm By Omar Faridi  |  

Copper, which claims to be one of the industry’s leading digital asset custodians, today announced the integration of The Open Network (TON), a decentralized and self-governing blockchain network, into its infrastructure. Access to Tether’s newly launched USDT-TON has now “been fully integrated directly into Copper’s… Read More

April 28, 2024 @ 4:30 pm By Omar Faridi  |  

Cboe Global Markets, Inc. (Cboe: CBOE), the derivatives and securities exchange network, announced plans to refocus its digital asset business to leverage its core strengths in derivatives, technology and product innovation while realizing operating efficiencies for both Cboe and its clients. These changes are being… Read More

April 25, 2024 @ 4:05 pm By Omar Faridi  |  

BitGo says it is changing from default wrapped segwit (P2SH-P2WSH) receive addresses to native segwit (P2WSH), which “require 25% less data to spend — translating to lower fees.” Since the beginning, BitGo has supported “both native segwit and wrapped segwit Bitcoin addresses.” However, many clients… Read More

April 23, 2024 @ 8:24 am By Omar Faridi  |  

CoinMENA B.S.C., a crypto asset platform licensed by the Central Bank of Bahrain and sister company CoinMENA FZE, licensed by the Dubai Virtual Asset Regulatory Authority (VARA), proudly announces a partnership with Zodia Markets, a UK headquartered digital asset trading business, backed by Standard Chartered…. Read More

March 28, 2024 @ 2:48 pm By Omar Faridi  |  

Digital asset firm Coinbase (NASDAQ:COIN) will have to face the Securities and Exchange Commmission’s (SEC) lawsuit, a Judge has recently ruled. A federal judge in Manhattan on Wednesday (March 27, 2024) stated that the US SEC’s lawsuit against Coinbase may proceed. However, the presiding judge… Read More

March 21, 2024 @ 3:35 am By Omar Faridi  |  

Conflux Network is introducing AxHKD, the Hong Kong Dollar-backed stablecoin. Conflux Network explains that it is facilitating the beta-testing of the Hong Kong Dollar-backed stablecoin, AxHKD, on its platform. AnchorX aims to dominate Asia’s digital currency landscape by delivering “reliable global exchanges.” AxHKD on Conflux… Read More