Crypto.com announced on Thursday the acquisition of Watchdog Capital, LLC, a broker-dealer registered with the SEC and a member of FINRA and SIPC. This acquisition will allow Crypto.com's new subsidiary to offer equities and equity options to eligible traders in the U.S.
The USD-pegged stablecoin market has been experiencing steady growth for more than a year with numerous players considering a launch.
WisdomTree offloads $599M in BTC and ETH, spooking crypto investors. Bitcoin, Ethereum prices dip; market sentiment weakens amid continued volatility.
Paxos launches USDG, a US dollar-backed stablecoin, in Singapore. USDG's reserves are managed by DBS Bank, ensuring high compliance standards.
UBS Asset Manager has launched its first tokenized money market fund, uMINT, in Singapore. The fund is built on Ethereum's distributed ledger technology.
The M2 Exchange hack has lost around $13 million. Hot wallets across Ethereum, Bitcoin, and Solana networks were targeted.
Temasek, a state-owned investment company in Singapore, currently has a total portfolio value of approximately $288 billion.
Investors have plowed money into funds tracking bitcoin, betting on a return of Republican Donald Trump to the White House even as they expect wild price swings in the world's largest cryptocurrency during the election week, data showed.
Cryptocurrencies provide significant growth to the retail sector. Developments within this sector provide consumers with convenient transactions, personal safety and security, tokenisation of assets, and more.
Web3 film funding platform Decentralized Pictures will host a community vote to pick two winners, using the project's FILMCredits token.
The US Treasury is especially keen on distributed ledger technology (DLT) for payments, settlement and clearing.
Andrew Hall analyzes digital voting in blockchain startups, revealing trends in liquid democracy and the impact of user-friendly interfaces on participation.
BitGo taps a new executive to lead its newly launched U.S. dollar-pegged stablecoin, USD Standard (USDS).
Italy's finance minister defended a proposal to increase the country's cryptocurrency capital gains tax to 42%. The minister defended the potential increase by saying cryptocurrencies such as Bitcoin pose a “very high level of risk.
As the U.S. presidential election approaches, the cryptocurrency market is abuzz with speculation about its potential impact. A victory for Donald Trump, who is viewed as a pro-crypto candidate, could significantly influence the future direction of the digital market.
Blockchain-based startups raised $1.4 billion in the third quarter, bringing investments year to date to over $5.4 billion.
$SOM (Somputer) is being heavily promoted on Twitter by a number of insiders. However, according to a warning by Lookonchain, the coin shows risks of a rug-pull.
The US government has swapped its ANT tokens for more liquid Ethereum ahead of a planned crypto phaseout.
Despite moderate growth forecasts, analysts believe that Microsoft may consider alternative options to stay competitive, including potential investments in cryptocurrencies like Bitcoin (BTC).
Kalshi says that it has seen surging USDC adoption since opening deposits this week—and as prediction markets heat up, more crypto additions could come.
United Bank of Switzerland (UBS) has accomplished yet another achievement after launching the world's first cross-border repo transaction. This time, UBS has created its first tokenized money market fund globally.
Transak expands its North American presence with two operational licenses in Delaware and Canada.
Nansen takes a detailed look at an emerging opportunity for Web3-powered investors in a new report.
Borderless has announced its integration with Fireblocks to bolster its fiat-to-crypto payment infrastructure, utilizing Fireblocks' Payments Engine and Wallet as a Service (WaaS) to enhance on- and off-ramp flows for both fiat and stablecoin transactions. This collaboration enables Borderless to tap into Fireblocks' Network, offering connectivity with liquidity providers and exchanges, thus expanding its support for secure and compliant digital payment solutions.
As the 2024 U.S. elections approach, cryptocurrency emerges as a key political issue, gaining interest in swing states and prompting legislative action.
The M2 exchange attacker swapped the stolen altcoins to Ethereum and Bitcoin, which could be in preparation for laundering on crypto mixers.
Paxos has launched its new stablecoin, Global Dollar (USDG), which is backed by the US dollar. The new stablecoin will comply with Singapore's regulatory framework.
Nishad Singh, the former engineering director at FTX, has received a sentence of time served along with three years of supervised release, avoiding any prison time for his involvement in the exchange's downfall.
As Web3 technologies gain momentum, the critical role of secure and user-friendly wallets becomes evident. These wallets act as portals to decentralized applications (dApps) and services, enabling users to manage digital assets, engage with smart contracts, and participate in the burgeoning decentralized economy.
Paxos, a regulated blockchain infrastructure company, has announced the launch of its new stablecoin, Global Dollar (USDG), which is compliant with Singaporean regulations.
M2, a UAE-based crypto exchange, experienced a significant security breach that resulted in the loss of $13.7 million in digital assets. In a Nov. 1 statement, the exchange disclosed that the incident occurred on Oct. 31 at approximately 3:16 A.M.
After a four-month imprisonment, the former Binance founder, Changpeng Zhao, is adjusting to the outside world. From his social media presence to his first public appearance at the Blockchain Week event in Dubai, he is exciting his followers for the future.
After a downtrodden September, non-fungible token (NFT) sales dropped further in October, totaling $361 million—a 36% decrease. NFT Sales Fall 36% in October, Totaling $361 Million NFT sales in October didn't quite bounce back, showing a 36% decline after September's 47.9% dip. The month saw around $361.
Former Binance CEO Changpeng ‘CZ' Zhao shared insights on life in prison and the future of crypto in his first public interview since his release. At Binance Blockchain Week in Dubai on Oct.
BitGo has appointed Ben Reynolds, former president of Silvergate Bank, as managing director to lead its stablecoin USD Standard.
Paxos launched a regulated stablecoin in Singapore along with DBS bank.
Have you ever participated in a crypto airdrop and found yourself "not eligible" even though you farmed the project and invested capital?
As financial institutions increase their investments in blockchain technology, the impact on the broader financial industry is becoming more evident. With institutions like Citi and JPMorgan expanding their blockchain portfolios, the future of finance may see new developments, but it will also face hurdles.
Securitize Inc., a leader in real-world asset (RWA) tokenization, has recorded over $1 billion in on-chain issuances alongside the launch of new fund administration services.
This move makes Franklin Templeton the first asset manager to bring a tokenized fund to Base. It adds an exciting new layer to the world of finance.
TL;DR Paxos launched the Global Dollar (USDG) stablecoin, fully backed by USD reserves, in collaboration with Singapore's DBS Bank, complying with the Monetary Authority of Singapore's regulatory framework.
Kraken has appointed Stephanie Lemmerman, former CFO of Dapper Labs, as its new Chief Financial Officer, succeeding Carrie Dolan, to enhance the exchange's financial strategy amid ongoing restructuring and workforce reductions. The post Kraken Appoints Former Dapper Labs CFO, Stephanie Lemmerman appeared first on Cryptonews.
Abu Dhabi-based cryptocurrency exchange M2 claims it has resolved a $13.7 million incident after allegedly falling victim to a hacker attack. Cryptocurrency exchange M2, co-founded by Bijan Alizadeh Fard and Stefan Kimmel, has suffered a “cybersecurity incident involving $13.
Major financial institutions, including BlackRock and PayPal, increasingly invest in blockchain technology. This growing interest shapes the cryptocurrency market in new ways, but it also raises questions about the future of crypto's core principles.
BingX Labs, the innovative arm of BingX dedicated to identifying and nurturing transformative blockchain ventures, proudly announces its investment in AgentLayer, a groundbreaking project focused on building a decentralized, permissionless network for autonomous AI agents.
Craig Wright, who is not Satoshi, attended a court hearing today concerning a contempt application filed by the Cryptocurrency Open Patent Alliance (COPA). The judge scheduled the contempt hearing for Dec. 18, with discussions on whether Wright must appear in person and potential cross-examination.
Following a $400,000 ‘rug pull' of three Solana NFT projects in 2022, two men face up to five years in U.S. prison.