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Garlinghouse: SEC Official Received ‘Millions’ From Vested Interests, Tradfi Heavyweight Crypto Exchange EDX Launches, Peter Schiff on USD Decline — Week in Review
25.6.2023
Ripple CEO Brad Garlinghouse recently asserted that former SEC Division of Corporation Finance Director William Hinman “received millions of dollars of payments from his law firm” which had a vested interest in a well-known 2018 speech given by the then SEC official. In other news, crypto exchange...
Venezuela to Integrate Russian Mir Payments System in De-Dollarization Push
24.6.2023
The government of Venezuela has announced that it is currently working to integrate Mir, a Russian electronic card and transfer payments system. President Nicolas Maduro backed this integration, stating that this move is part of a de-dollarization push. More than 40,000 payment terminals are being...
Today in Crypto: Citadel & Fidelity-Backed EDX Launches Trading, Core Scientific Files Chapter 11 Bankruptcy Plan, Canadian Securities Administrators Warns About Fraudulent Crypto Companies
21.6.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Citadel & Fidelity-Backed EDX Launches Trading, Core Scientific Files Chapter 11 Bankruptcy Plan, Canadian...
Galaxy-Backed Investment Platform Truvius Taps CoinDesk Indices for Digital Asset Portfolios
21.6.2023
The sectors Truvius will offer on its platform include currency, DeFi, smart contracts, and others based on CDI's Digital Asset Classification Standard
Crypto Exchange Backed by Fidelity, Schwab, Citadel Launches With Trading of 4 Cryptocurrencies
21.6.2023
The cryptocurrency exchange backed by Charles Schwab, Citadel Securities, Fidelity Digital Assets, Paradigm, Sequoia Capital, and Virtu Financial has launched and completed a new funding round. The platform offers the trading of four cryptocurrencies. EDX Crypto Exchange Launches EDX Markets...
Crypto Exchange Backed by Fidelity, Schwab and Citadel Launches With Additional Investors
20.6.2023
EDX Markets (EDX), which is backed by Fidelity Digital Assets, Charles Schwab and Citadel Securities has launched in the U.S. after building out its technology for the past nine months, the company announced Tuesday
Global Crypto Regulations for DeFi Backed by France's Markets Regulator
20.6.2023
France's markets watchdog, the Autorité des Marchés Financiers (AMF), said it fully supports globally coordinated, clear regulation for decentralized finance (DeFi) in order to protect users while fostering the novel and innovative sector's growth.
The AMF published its paper on DeFi on Monday...
Report: Zimbabwe’s Central Bank Set to Launch P2P Platform for Facilitating Gold-Backed Digital Currency Transactions
20.6.2023
The Reserve Bank of Zimbabwe has said it is getting close to launching a peer-to-peer platform which will facilitate digital gold token transactions. The central bank said the launch of the platform is expected to help reduce local demand for the greenback. Governor John Mangudya said the tokens...
Jack Dorsey-Backed Bitcoin Wallet Bitkey To Integrate With Coinbase and Cash App
15.6.2023
Public beta testing will begin in a few weeks according to parent company Block
Salesforce Leads $6M Round for AI-Backed Web3 Data Platform Mnemonic
14.6.2023
The startup provides actionable non-fungible token (NFT) data for enterprises and developers
Jack Dorsey-Backed Nostr Platform Collaborates with Zebedee to Create New Social Media Later – How Does it Work?
9.6.2023
A rapidly growing decentralized Twitter competitor, Nostr, is collaborating with Zebedee to design a new social media.
This move would enable interoperability between Zebedee's ZBD app and Nostr apps.
Zebedee is a New Jersey-based video game payment platform with over one million Bitcoin...
Jack Dorsey-backed Nostr Creator Collaborates With Zebedee on New Social Media Layer
8.6.2023
Zebedee users will be able to join a waitlist for alpha access to an updated version of the app which will feature integration with decentralized social media protocol Nostr (an acronym for “notes and other stuff transmitted by relays”)
Louis Vuitton Set to Launch $42,000 Physical-Backed NFT Trunks
7.6.2023
French luxury fashion house Louis Vuitton has announced its first non-fungible token (NFT) collection, with each iconic-trunk-turned-digital-collectible coming with a tag of nearly $42,000.
According to Vogue Business, the fashion giant has prepared a collection of phygital "Treasure Trunks"....
Louis Vuitton To Release $42,000 Physical-Backed NFTs
6.6.2023
According to a Vogue Business, the collectibles are being sold as soulbound tokens, meaning they are non-transferable once purchased
OKX Chooses Nomura-Backed Crypto Storage Firm Komainu as Custodian
6.6.2023
OKX is the first client to use Komainu Connect, a regulated settlement and custody system for institutional customers
Japanese Banking Giant MUFG to Deploy Stablecoins on Public Blockchains
6.6.2023
Mitsubishi UFJ Financial Group (MUFG), the largest bank in Japan, announced its plans to deploy and distribute bank-backed stablecoins on different public blockchains. The Japanese bank has partnered with Datachain, a blockchain interoperability company, and Toki, a cross-chain bridge, to allow...
MUFG to facilitate Japanese bank-backed stablecoins via Progmat Coin platform
3.6.2023
MUFG hasn’t revealed what firms will be the first to utilize its platform, however a handful of banks have reportedly already opted for a separate stablecoin solution
Credit Suisse, Deutsche Bank-Backed Taurus Deploys on Polygon Blockchain
2.6.2023
The Swiss firm aims to allow financial institutions and corporates to issue tokenized assets on the Ethereum layer 2 network
Hong Kong-based First Digital Group launches redeemable USD-backed stablecoin
1.6.2023
The Hong Kong trust company says the new FDUSD combines the stability of the U.S. dollar with the reliability of Asian regulation
Economist Peter Schiff Surprises Critics, Dives Into Bitcoin-Backed NFT Market
27.5.2023
Economist and ardent gold advocate Peter Schiff caused a stir on Friday by announcing his participation in an upcoming art sale featuring non-fungible tokens (NFTs). These unique digital collectibles will be minted on the Bitcoin blockchain using Ordinal inscription technology. Schiff’s...