Category : Blockchain

Blockchain

Circle Inks Strategy Partnership with Bancorp for USDC Custody

Circle Internet Financials LLC, the blockchain company responsible for issuing the USDC stablecoin, has its latest partnership with New York Community Bank (NYCB), a publicly listed New York Community Bancorp subsidiary Inc. The partnership is co...

Compass Mining CEO And CFO Abruptly Resign, Company Faces Business Struggles

Compass Mining, a Bitcoin mining hosting and brokerage services firm based in Delaware, US, announced on Tuesday that its CEO, Mr. Whit Gibbs, and CFO, Mr. Jodie Fisher, have resigned effective immediately. In a statement, the company admitted that...

Holograph Integrates LayerZero To Facilitate Holographic Omnichain NFTs That Beam Across Blockchains

, the omnichain interoperability protocol for minting and bridging non-fungible tokens (NFTs), is partnering with to deliver its patented ‘holographic’ bridging solution that seamlessly beams tokens across blockchains with complete data integrity,...

CoinFlex Issues New Token by Offering 20% Annual Return amid Halting Withdrawals

CoinFlex has announced plans to raise funds by issuing a new token that will offer a 20% annual return, according to a report from Bloomberg. The new token is part of an effort to resume withdrawals following an individual's account holds a negativ...

Unizen Secures $200m 'Capital Commitment' to Scale Up Trading Ecosystem

Unizen, a centralized-decentralized (CeDeFi) exchange, announced Monday that it has secured a $200 million capital commitment from a new strategic partner, Global Emerging Markets (GEM). Global Emerging Markets (GEM) is a $3.4 billion alternative i...

Azuro Closes $4m Funding Round to Build Decentralized Betting Protocol

Azuro, a decentralized betting protocol, announced on Monday that it has raised $4 million in a funding round contributed by participants, including Hypersphere, Gnosis, Merit Circle, SevenX, and Quiet Capital. Azuro, a decentralized autonomous org...

Bybit Launches Futures Contracts Settled in USDC Stablecoin

The Singapore-based digital asset exchange Bybit has expanded the variety of its crypto options trading services to its customers with a launch of new futures contracts settled in USDC stablecoins. Bybit announced on Monday that it has launched fut...

EU Plans to Bar Interest Payments on Deposits in Stablecoins

Europeans and the entire digital currency ecosystem have been the Markets in Crypto Assets (MiCA) bill, which has been projected to be passed before the end of the year. With a series of forecasts out in the open, Patrick Hansen, the head of Stra...

Morgan Creek Digital to Raise $250m, Balancing BlockFi's Bailout from FTX

Bailing out the crypto lending platform BlockFi has become one of the most significant endeavours for early investors in the company such as Morgan Creek Digital. According to an exclusive Coindesk , the crypto investment manager has been wooing i...

Australia's Crypto Processing Firm Banxa to Lay off One-Third of its Staff

Australian cryptocurrency payments processing firm Banxa Holdings has its plans to retrench almost a third of its staff, making the headlines as one of the platforms to explore this route in its cost-cutting mission. Just like its counterparts in...

Voyager Digital Issues Loan Default Notice to Three Arrows Capital on over $670 million Debt

Crypto-asset broker Voyager Digital has issued a notice of default to cryptocurrency-focused hedge fund Three Arrows Capital Ltd (3AC) after the financially troubled hedge fund firm failed to make the required payments on its loan worth more than $6...

The Montreux Jazz Festival unveils new NFT Collection on Tezos

The Montreux Jazz Festival today launched its second series of NFTs as part of its partnership with OneOf, a music NFT platform built on the Tezos blockchain ‘Diamond Seated Package’ NFTs unlock exclusive hospitality offers during the 56th edi...

CoinFlex Issues New Token by Offering 20% Annual Return as a Solution to Re-enabling Withdrawals

How Blockchain Will Break Down Barriers to Asset Management?

Global inequality is more extreme than ever, and with the rising cost of living in many places around the world due to the pandemic and political instabilities, the gap doesn’t look set to narrow any time soon. Over the last few years, the divide be...

FTX Denies Making Internal Deliberations on How to Acquire Robinhood

Sam Bankman-Fried’s FTX Derivatives Exchange is reportedly making internal deliberations on how to acquire Nasdaq-listed brokerage firm Robinhood Markets Inc. However, FTX denied its claims. Bloomberg earlier, citing people familiar with the delib...

BTSE Launches BTC and ETH Earn Products

Digital asset exchange platform BTSE announced the launch of its Bitcoin () and Ethereum (ETH) earn products. Following the launch, investors can generate passive income, according to BTSE, and the new products add to the growing range of options i...

Celsius Denies Allegation of its CEO's Leaving US

Celsius Network on Monday denied reports of the CEO leaving the US, claiming that all related allegations are false. A spokesperson from Celsius responded to Blockchain.News saying: "Consistent with our previous messages, all Celsius employee...

Ripple Opens First Office in Canada with New Growth Plan

Ripple has announced the opening of a new office in Toronto, which will serve as an engineering hub. The new office is Ripple’s first physical establishment in Canada built to support the company’s continued growth in North America and beyond. Ripp...

Hex Trust Announces Integration of Polkadot Blockchain Network

Hong Kong-based digital asset custody provider Hex Trust announced the integration of the Polkadot blockchain network into Hex Safe. Following the integration, Hex Trust now provides fully licensed custody for Polkadot’s native token (DOT). Hex Tru...

Customers Trust in Banks More than in Crypto, France Central Bank Governor Says

François Villeroy de Galhau, the Governor of the , on Sunday said the recent crypto market meltdown caused by massive sell-offs has pushed consumers to trust more in banks than digital assets. The French central bank head made the remarks at the Wo...

CoinDCX Suspends Deposits and Withdrawals, Citing Compliance Requirements

CoinDCX, an India-based major cryptocurrency exchange, has suspended crypto deposits and withdrawals for various users,citing compliance measures as the reason for the move. After many customers expressed their disappointment on social media, Ramal...

Samsung Asset Management to Launch 1st APAC Metaverse Theme Active ETF on HKEX

Samsung Asset Management (Hong Kong) Limited ("SAMHK") announced the launch of the first APAC metaverse theme active ETF in Hong Kong in July, titled Samsung Asia Pacific ex NZ Metaverse Theme ETF (Exchange Ticker: 3172.HK). The listing is set to g...

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