Nexo, one of the best cryptocurrency apps for beginners, has achieved the Cloud Security Alliance’s Security, Trust & Assurance Registry (STAR) Level 1 Certification, strengthening its commitment to cloud infrastructure security. This certification was obtained after a successful SOC 2 Type 2 audit and ISO 27001 standardization, and emphasizes Nexo’s dedication to client data security […]
Circle Internet Financial has partnered with Grab, the foremost super-app in Singapore, to introduce Web3 programmable wallets in the Singaporean market. These wallets, designed to be non-custodial, leverage advanced technologies like multi-party computation (MPC) and smart contracts (ERC-4337). This empowers users to conduct transactions without holding native network tokens.The Grab Web3 Wallet grants users seamless […]
OKX, a leading crypto exchange and Web3 technology company, has successfully completed the Service Organization Control (SOC) 2 Type II audit, demonstrating that the company’s processes for governing its services, managing sensitive data and protecting data privacy meet the highest global standards. The internationally recognized SOC 2 Type II report is one of the most […]
Nomura, a Japanese investment banking giant with a market capitalization of $500 billion, has launched a new Bitcoin fund for institutional investors. The fund is offered by Laser Digital Asset Management, a subsidiary of Nomura, and provides long-term exposure to Bitcoin (BTC). Sebastian Guglietta, the head of Laser Digital, believes that the Bitcoin Adoption Fund […]
Bitget, a top cryptocurrency derivatives exchange and copy trading platform, has announced a strategic partnership with Cobo SuperLoop, an off-exchange settlement network by the renowned leader in institutional digital asset custody technologies. This integration marks a significant step forward for both organizations and the broader cryptocurrency ecosystem.The collaboration is driven by a shared commitment to […]
Currynomics Labs, a fintech start-up, has successfully closed its €400,000 investment round, ensuring that Redcurry, a real estate-backed digital currency, will become globally available in 2024. Redcurry is designed to provide stability and reliability in today’s ever-changing financial landscape, while also growing in value. Notable investors, including Pasi Pohjala (FinBAN), Aleksander Denisoff, Asse Sauga, Dejan […]
Deutsche Bank, a major financial institution, has partnered with Taurus, a leading technology provider specializing in tokenization and crypto custody. This collaboration will enable Deutsche Bank to offer bespoke escrow and tokenization services. Taurus’ technology is capable of securely storing and managing a variety of cryptocurrencies, as well as facilitating the digitization and tokenization of […]
Binance, the world’s largest cryptocurrency exchange, has been facing a difficult year in the US. The SEC filed a lawsuit against it in June, while the US Commodity Futures Trading Commission charged Binance and CEO Changpeng Zhao with ”willful evasion of federal law” in March. In response to the regulatory storm, Binance.US has appointed a […]
Citigroup, a financial services and banking giant, has reportedly launched a private blockchain for its clients. The product, called Citi Token Services, is designed to tokenize client deposits and improve cash management and trade-finance capabilities. According to Citigroup’s global head of services, Shahmir Khaliq, the development of Citi Token Services is part of the company’s […]
Citigroup has launched Citi Token Services, a private, permissioned blockchain to provide institutional clients with cross-border payments, liquidity, and automated trade finance solutions. The service has completed two pilots, one with Danish shipping company Maersk and an unnamed canal authority, which enabled instant payments to service providers via smart contracts, reducing transaction processing time from […]
