Bitcoin NFTs Drive Up Transaction Fees and Spark Mainstream Frenzy

Ordinals inscriptions, also known as “NFTs on Bitcoin,” have become a popular trend in recent weeks. While they are loved by fans and appreciated by miners looking to make a profit, they have also faced criticism from blockchain purists. These inscriptions have experienced a resurgence, driving up Bitcoin transaction fees to an all-time high.Not only […]

Bitfinex Securities Raises $5.2 Million in Groundbreaking Tokenized Bond for Microfinance Industry

Bitfinex Securities has successfully raised $5.2 million through one of the world’s first tokenized bonds. The bond, issued by Alternative, a securitization fund under microfinancing platform Mikro Kapital, was denominated in Tether (USDT) and issued on the Liquid Network. The tokenized bond, named ALT2612, has a 36-month tenor and offers a 10% coupon.This achievement is […]

Solend Expands to Sui Blockchain, Boosting DeFi Momentum

Solend, the leading lending and borrowing protocol on Solana, has announced its upcoming launch on the Sui blockchain. This marks Solend’s first expansion onto a blockchain other than Solana and demonstrates their confidence in Sui’s technology and potential as a long-term partner. Solend currently has over $140 million in total value locked (TVL) and supports […]

Ripple Registered with Ireland’s Central Bank, Expands Services in Europe

Ripple, the blockchain enterprise, has been registered with Ireland’s Central Bank, allowing it to offer digital asset services in the country. This move positions Ripple to expand its services across the European Economic Area once the Markets in Crypto Assets Regulation takes effect in late 2024.Ripple has already established a presence in Ireland, opening an […]

Zuger Wealth Manager Ficas Expands Team with Former Fund Professional Specializing in Digital Investments

Swiss asset manager Ficas has expanded its team with the addition of former fund professional Harlan Carere, who is also knowledgeable about digital investments. Carere, who has three decades of experience in the finance industry, held several portfolio management positions focused on technology and growth stocks at international fund house Fidelity. He is also considered […]

IOSCO Releases Comprehensive Policy Recommendations for Crypto Regulation

The International Organization of Securities Commissions (IOSCO) has released a set of nine policy recommendations aimed at promoting consistent regulatory oversight in the crypto sector. As the global standard-setter for securities markets regulation, IOSCO addresses key issues such as market abuse, conflict of interest, client asset protection, disclosures, and risks associated with cryptocurrencies in these […]

Alchemy Pay Partners with Worldpay to Enable Cryptocurrency Purchases with Credit and Debit Cards

Singaporean fintech firm Alchemy Pay has announced a partnership with UK-based payment processor Worldpay. This collaboration will allow Alchemy Pay users to access Worldpay’s Visa and Mastercard payment rails for purchasing cryptocurrencies using their credit and debit cards.Alchemy Pay aims to facilitate seamless cryptocurrency transactions worldwide, and this partnership with Worldpay will enhance their ability […]

Anticipation Builds for Spot Bitcoin ETF Approval by January 10

Galaxy Digital’s CEO, Mike Novogratz, predicts that a spot Bitcoin ETF will be approved by January 10, 2024. He believes that the approval will happen before this date to avoid any legal trouble with Grayscale and a potential lawsuit. Novogratz suggests that the approval of the ETF will provide more fuel for the crypto market […]

Ripple and Metaco Merger Signals Operational Evolution and Potential Impact on XRP Community

Ripple and Metaco, two companies driving the adoption of the XRPL (XRP Ledger), are joining forces to offer tokenization and digital custody solutions to global banks. The recent appointment of Adrien Treccani, former CEO of Metaco, as Senior Vice President of Product at Ripple suggests a possible evolution in the operational strategy between the two […]

Hex Trust Integrates MetaMask Institutional to Enhance DeFi Access and Security

Hex Trust, an institutional-grade digital asset custodian, has integrated MetaMask Institutional (MMI) into its platform to provide users with direct access to over 17,000 decentralized finance (DeFi) applications. This integration aims to simplify DeFi portfolio management for clients while ensuring compliance with regulatory standards.MMI offers various advanced features, including comprehensive portfolio management, robust transaction reporting […]