Tagged: digital currency

Digital Assets: BTSE Joins Global Institutions in the Talos Provider Network

BTSE, a digital asset exchange, has integrated with Talos, the provider of institutional trading technology for digital assets. Talos‘s platform connects institutional investors “to the entire digital assets ecosystem.” BTSE will reportedly join Talos’s provider network of “over 40 liquidity venues that includes top-tier exchanges,… Read More

Binance.US Suspends US Dollar Deposits, Following Unprecedented Crackdown by US Regulatory Authorities

Binance.US revealed on Thursday (June 8, 2023) that it will be suspending US dollar deposits and that its banking partners are getting ready to suspend fiat US dollar withdrawal options as early as June 13, 2023. This update has come a few days after US… Read More

Archax, an FCA Regulated Digital Asset Exchange, Appoints Ben Zennou to Key Role

Archax, the FCA regulated digital asset exchange, broker, and custodian, today announced the appointment of Ben Zennou as its new Head of Crypto Sales. Reporting into the CRO, Zennou will be “responsible for leading the company’s continued growth in crypto markets, including the establishment of… Read More

Digital Asset Firm Kraken Appoints Vishnu Patankar as CTO

Kraken, which claims to be one of the world’s “longest standing” and most “trusted” crypto platforms, announced the appointment of Vishnu Patankar as Chief Technology Officer (CTO). Patankar reportedly “brings over twenty years of technology expertise to Kraken and helped Fortune 500 companies like Microsoft,… Read More

Blackhawk Network, Google Play to Bring Cash-to-Digital Payment Option to Japanese Consumers

Blackhawk Network (BHN) has partnered with Google Play in order “to launch a new way for consumers to enjoy their favourite digital apps and games by transacting in physical retail locations to convert real-world cash into digital currency.” The partnership is “powered by BHN’s systems… Read More

Xapo Bank Introduces Euro Payment Rails, Expanding Integrated Offering for Crypto, Retail Banking

Xapo Bank, a fully licensed private bank that combines traditional banking with access to Bitcoin and stablecoins, announced an integration with the single euro payments area (SEPA) network, allowing members the seamless movement of funds in Euros (EUR). First introduced in 2008 and comprising 36… Read More

Stablecoins: Tether USD₮ Reaches All-Time High, Surpasses Previous Market Cap High of $83.2B

Tether, the company operating the blockchain-enabled platform tether.to that powers the first and most “widely used” stablecoin, has reportedly “surpassed its previous all-time market cap high of $83.2B set in May 2022.” Paolo Ardoino, CTO of Tether, stated: “Today’s numbers demonstrate that people want access… Read More

Digital Assets: WOOFi Introduces Cross-Chain Staking Powered by Arbitrum, LayerZero

The WOO token can now be staked “across seven chains to earn USDC on Arbitrum from WOOFi swap fees.” As noted in a blog post, WOOFi Stake 1.0 was “born on BNB Chain back in December 2021 and quickly grew in TVL as WOO stakers… Read More

Digital Currency: Fibonacci Launches Alchemy Pay’s On and Off Ramp for Seamless Transactions

Fibonacci, a commercial public chain that focuses on the social field and builds a social and creator economic ecosystem, has partnered with Alchemy Pay “to provide a convenient fiat on-ramp and off-ramp solution within its ecosystem.” With this collaboration, Alchemy Pay “offers a user-friendly plugin… Read More

Crypto Trading: Gulf Binance Obtains Digital Asset Operator Licenses in Thailand

Gulf Binance Co., Ltd., a joint venture between Binance and Gulf Innova Co., Ltd., has now secured digital asset operator licenses from the country’s Ministry of Finance. Digital asset operators are “regulated by Thailand’s Securities and Exchange Commission (SEC).” Gulf Binance will be able “to… Read More

Securities Commission Malaysia Takes Action Against Huobi Global for Operating Crypto Exchange without Registration

The Securities Commission Malaysia (SC) has taken action against Huobi Global Limited, and its Chief Executive Officer Leon Li for “operating a digital asset exchange (DAX) in Malaysia without registration.” Accordingly, the SC has “issued a public reprimand against Huobi Global Limited, and Leon Li… Read More

BTC Adoption: BIT Mining, Chain Reaction to Produce Bitcoin Hashing Systems

BIT Mining Limited (NYSE: BTCM), a technology-driven cryptocurrency mining company, today announced that it has entered into a collaboration with Chain Reaction, a semiconductor company focused on disruptive blockchain and privacy hardware, to produce next-generation systems for bitcoin mining. The systems, expected “to launch later… Read More

Stablecoins: Tether Enters Payment Collaboration For Small Businesses in Argentina

Tether, the company operating the blockchain-enabled platform tether.to that powers the first and most widely used stablecoin, announced a collaboration with KriptonMarket, an on/off ramp solution, in order “to give users in Argentina access to stablecoins at the Central Market of Buenos Aires, one of… Read More

Visa’s Blockchain based Solutions Can Help SMBs Enhance Operations

Visa (NYSE: V), a firm focused on digital payments, was one of nine finalists tasked with exploring innovative blockchain-based use cases for the Real Digital (Brazil’s central bank-issued digital currency, or CBDC) as part of the most recent LIFT Challenge. The company partnered with Agrotoken,… Read More

CBDCs: Bank of Canada Introduces Public Consultations on a Digital Dollar

The Bank of Canada is launching an online public consultation on “the features that could be included in a digital Canadian dollar.” The consultation opened on May 8, 2023 and runs until June 19. The way Canadians pay for everything from the daily necessities “to… Read More

Crypto Exchange Bittrex, Inc. Issues Statement on Chapter 11 Bankruptcy

Bittrex, Inc. released the following statement today regarding Bittrex U.S.’ decision to file Chapter 11 bankruptcy: “Having previously announced that Bittrex, Inc. would be ceasing all operations in the U.S. effective April 30th, we have now made the decision to file Chapter 11 bankruptcy in… Read More

Digital Asset Management Firm Haru Invest Launches Crypto Mining Product

Haru Invest, a digital asset management platform, announced the launch of its crypto mining product Haru Mining in partnership with Canadian crypto miner Pow.re. Haru Mining explains that it “represents a strategic expansion of Haru Invest’s suite of digital asset investment services, opening users to… Read More

Financial Crime: FBI, Ukraine Seize Crypto Exchanges for Allegedly Facilitating Illicit Activities

On April 25th, 2023, the FBI’s Detroit Field Office, with assistance from the Virtual Currency Response Team (VCRT), the Cyber Police Department and Main Investigation Departments of the National Police of Ukraine, and the Prosecutor General’s Office of Ukraine, reportedly “conducted coordinated, court-authorized activity involving… Read More

Self-Custody for Crypto-Assets: Giddy Smart Wallet Secures $6.9M to Support DeFi Adoption

Giddy, the self-custody smart wallet that connects crypto holders to DeFi earning opportunities, has raised $6.9 million in a fresh round of funding. The capital raised from the investment round will be used “to further Giddy’s mission of bringing easy crypto DeFi adoption to the… Read More

Digital Assets: Bitpanda, Raiffeisenlandesbank to Offer Crypto Investments

Bitpanda are pleased to announce that Raiffeisenlandesbank NÖ-Wien, which forms part of Austria’s major banking group, has become the first major traditional bank in the European Union “to move into digital assets through a planned collaboration with Bitpanda Technology Solutions.” Since launching their digital Investment-as-a-Service… Read More

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