Tagged: digital assets

March 16, 2024 @ 3:11 pm By Omar Faridi  |  

D2X, a Netherlands-based crypto derivatives exchange for institutions, has secured a $10 million Series A led by Point72 Ventures. Other participants in the investment round “included GSR Markets and existing investors Tioga Capital, Fortino Capital, Jabre Capital Partners, Picus Capital, and TRGC.” The investment comes… Read More

March 13, 2024 @ 5:52 pm By Omar Faridi  |  

OKX has reportedly secured an in-principle approval for a Major Payment Institution (MPI) License from the Monetary Authority of Singapore (MAS). OKX claims that it is “among the most trusted crypto platforms in the world.” OKX‘s management notes that millions of customers feel safe accessing… Read More

March 11, 2024 @ 12:17 pm By Omar Faridi  |  

Digital asset firm OKX is pleased to announce their strategic investment, through our investment arm, OKX Ventures, in DeBox, a decentralized social networking platform for Web3 communities and Decentralized Autonomous Organizations (DAOs). Over the past two years, DeBox has committed itself “to serving the Web3… Read More

March 9, 2024 @ 1:23 pm By Omar Faridi  |  

Nexo, a digital assets institution, announced that its Dubai entity, Nexo Services FZE, has been awarded an Initial Approval [IA] by Dubai’s Virtual Assets Regulatory Authority (VARA) for Virtual Asset Lending & Borrowing, Management & Investment, and Broker-Dealer activities. This IA positions Nexo as one… Read More

March 9, 2024 @ 12:10 pm By Omar Faridi  |  

Crypto.com, which claims to be “trusted” by more than 80 million customers worldwide and says it is focused on regulatory compliance, security and privacy, has signed a memorandum of understanding (MoU) with Altava Group, a vertical AI fashion tech company delivering innovative virtual experiences and… Read More

March 6, 2024 @ 8:35 am By Omar Faridi  |  

Bullish, a digital asset exchanges, announced that its affiliate, BTH, has partnered with Paxos, the blockchain and tokenization infrastructure platforms. The collaboration offers traders and market makers “significant liquidity on the Bullish exchange for the regulated, PayPal USD (PYUSD), PayPal’s stablecoin issued by Paxos, and… Read More

March 5, 2024 @ 8:57 am By Omar Faridi  |  

Eric Demuth, CEO at Bitpanda, reveals that they’re launching LeadBlock Bitpanda Ventures (focused on Venture Capital and Private Equity Principals). When the team first created Bitpanda, there wasn’t much help available to them. There also wasn’t enough funding and there wasn’t expertise they could draw… Read More

March 4, 2024 @ 11:14 am By Omar Faridi  |  

BIGG Digital Assets Inc. (CSE: BIGG), an innovator in the digital assets space and owner of Netcoins, and Blockchain Intelligence Group and TerraZero is pleased to report that Finliti, a wealth management software company that uses behavioral science to optimize investment decision making for brokerages,… Read More

March 3, 2024 @ 6:03 pm By Omar Faridi  |  

Since stepping in as Binance CEO, Richard Teng  (who replaced former CEO Changpeng Zhao), has reportedly made it a priority to ensure and maintain the user-focused principles of Binance across the company, with the primary emphasis being on ensuring stability. According to Richard Teng, in… Read More

February 29, 2024 @ 1:42 pm By Omar Faridi  |  

New York State Department of Financial Services (DFS) Superintendent Adrienne A. Harris announced that Gemini Trust Company, LLC has committed to return at least $1.1 billion to Gemini Earn Program customers through the Genesis Global Capital, LLC  bankruptcy proceeding. In furtherance of that commitment, Gemini… Read More

February 29, 2024 @ 1:21 pm By Omar Faridi  |  

Coinbase (NASDAQ:COIN) says that customers may at some point mistakenly send unsupported tokens to their Coinbase address on an unsupported chain. One example of this is BNB Smart Chain (formerly known as Binance Smart Chain) – which is currently “not supported by Coinbase and as… Read More

February 29, 2024 @ 8:16 am By Omar Faridi  |  

ETC Group is unveiling its latest ETP listed on Deutsche Börse XETRA, the ETC Group Ethereum Staking ETP (ticker ET32; ISIN DE000A3G90G9), a total return exchange-traded product that tracks the Compass Ethereum Total Return Monthly Index. Specifically tailored to meet the rigorous requirements of institutional… Read More

February 28, 2024 @ 9:27 pm By Omar Faridi  |  

Binance Labs, the venture capital and incubation arm of Binance has invested in Babylon, a Bitcoin staking protocol that supports the concept of native Bitcoin staking allowing users to stake bitcoins for PoS blockchains and earn yields without any third-party custody, bridge solutions or wrapping… Read More

February 27, 2024 @ 8:09 am By Omar Faridi  |  

Lumerin, a “decentralized” Hashpower Marketplace built on Arbitrum that has built technology to make Bitcoin hashrate a liquid asset allowing for global access to peer-to-peer, decentralized hashrate trading, announced a new integration with Portal, the “trust-minimized,” cross-chain swaps that involve no bridges, custody or wrapping…. Read More

February 26, 2024 @ 9:50 pm By Omar Faridi  |  

Bakkt Holdings, Inc.  (NYSE: BKKT), which has been struggling to maintain operations due to a shortage of cash reserves but has acquired financial resources to keep running operations for now, and Swan Bitcoin announced that the companies have enabled Bitcoin trading across 49 U.S. states… Read More

February 26, 2024 @ 11:52 am By Omar Faridi  |  

Balance, Canada’s digital asset custodian, is pleased to announce that it has once again surpassed $2B worth of assets under custody (AUC). Balance’s CEO, George Bordianu said: “Our focus since day one has been to build a world-class custodian for companies working with digital assets…. Read More

February 26, 2024 @ 10:33 am By Tony Zerucha  |  

Zoniqx (formerly known as Tassets) a provider of digital asset management services, this week announced its partnership with Ripple, an enterprise blockchain and crypto solutions firm. This collaboration harnesses the scalable infrastructure of the XRP Ledger (XRPL) and integrates it with Zoniqx’s Tokenization Platform as a Service (TPaaS) and Tokenization Life… Read More

February 25, 2024 @ 9:17 pm By Omar Faridi  |  

Zumo, the B2B digital assets infrastructure that prioritizes sustainability, has announced the appointment of Jason Tucker-Feltham as the company’s new Head of Sales. Tucker-Feltham is said to be “an experienced crypto sales, business development and capital introduction professional.” Prior to joining Zumo, he had reportedly… Read More

February 25, 2024 @ 5:51 pm By Omar Faridi  |  

Digital wealth platform Yield App has unveiled a “significant” expansion to its staking program. According to an update shared with CI, holders of the platform’s YLD token “can now earn H1 tokens through its new Diamond+ program at an attractive APY of 25%.” This initiative… Read More

February 21, 2024 @ 9:53 pm By Omar Faridi  |  

OKX, a Web3 technology company, announced that it has partnered with Web3 platforms Biconomy, ZeroDev and Rhinestone to co-publish the ERC-7579 standard, which outlines technical standards for simplifying and unifying the management of ‘Modular Smart Accounts.’ The standard aims to enable developers “to customize and… Read More