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Tattoo industry expands into the NFT space amid digital culture shift
4.11.2022
Nonfungible tokens may be an option for maximizing monetization and exposure for a tattoo artists' work
‘Atomic Settlement’ — New York Fed Completes First Phase of Digital Dollar Experiment Called ‘Project Cedar’
4.11.2022
The Federal Reserve Bank of New York has published findings stemming from an experiment dubbed “Project Cedar,” a protocol that uses a wholesale digital dollar in order to improve financial transactions. Michelle Neal, head of the bank’s Markets Group remarked on Friday that...
Crypto Firm Arca Closed Its Terra-Exposed Digital Yield Fund
4.11.2022
The fund was shuttered on Aug. 31 with around $20 million in assets under management
AllStars Digital’s Initial Exchange Offering Brings the $ASX Token to Global Audience
4.11.2022
As the native utility token for the AllStars Digital platform, AllStars Coin ($ASX) unlocks a wide range of features and opportunities for holders, including access to exclusive events, staking, and discounted trading fees. AllStars Digital (ASD) has launched an Initial Exchange Offering (IE)...
Bakkt Acquires Turnkey Platform Apex Crypto to Bolster Digital Asset Footprint
4.11.2022
Digital asset manager Bakkt Holdings, Inc., announced on Thursday that the company has acquired the firm Apex Crypto from Apex Fintech Solutions. Bakkt detailed that the acquisition of the turnkey crypto platform aims to “bolster Bakkt’s cryptocurrency product offering and expand...
Moonvember kicks off with sweeping staff layoffs across crypto
4.11.2022
There are still pockets of hope however, with some companies looking to expand despite the market conditions
JPMorgan, DBS Bank, SBI Complete Live Defi Trades on Public Blockchain
4.11.2022
JPMorgan, DBS Bank, and SBI Digital Asset Holdings have completed their first lives trades on a public blockchain using decentralized finance (defi), tokenized deposits, and verifiable credentials under the supervision of the Monetary Authority of Singapore (MAS). Singapore’s central bank...
Canada to examine crypto, stablecoins, and CBDCs in new budget
4.11.2022
Canada’s government stated its concerns on the risks digital assets and the digitalization of money may pose to its financial system as a reason for launching the consultation
Binance CEO Sees No Threat to Crypto From Central Bank Digital Currencies — Says CBDCs Will Validate Blockchain Concept
4.11.2022
The CEO of cryptocurrency exchange Binance does not see central bank digital currencies (CBDCs) as a threat to cryptocurrencies, like bitcoin and ether. “It will validate the blockchain concept so that anybody who still has concerns about the technology will say: ‘Ok, our government...
Digital asset platform Bakkt set to acquire Apex Crypto for $200M
3.11.2022
The company said this acquisition is expected to diversify and bolster Bakkt’s revenue as it scales its offerings
UBS AG launches digital bond settled on blockchain and traditional exchanges
3.11.2022
With atomic settlement technology, the company said its digital bond settles through the SIX Digital Exchange (SDX), not requiring a central clearing counterparty
Goldman Sachs creates digital asset taxonomy system for subscribing investors
3.11.2022
The financial services giant, along with Coin Metrics and MSCI, will help investors track market movements and screen hundreds of coins and tokens by their uses
Japan's Digital Agency launches DAO to explore DAOs and Web3
3.11.2022
The group added it would consider the benefits and challenges of granting the DAO legal status in Japan, citing the state of Wyoming approving similar legislation in July 2021
UBS Prices First Bond to Be Listed, Settled on a Digital Exchange
3.11.2022
The Swiss bank's bond is the first that will list, trade and settle on a digital exchange
Japan Digital Ministry to Create DAO for Web3 Exploration
3.11.2022
Japan's Digital Ministry is to create a decentralized autonomous organization (DAO) to deepen its understanding of Web3 technology
Goldman Teams With MSCI and Coin Metrics to Create Digital Asset Classification System
3.11.2022
The new system will be called Datanomy, and seeks to give crypto participants a standardized way to view and analyze the digital assets ecosystem
Open Metaverse Alliance OMA3 Launches to Develop Standards for an Interoperable Digital World
3.11.2022
The Open Metaverse Alliance, OMA3, was launched by a group of Web3 dedicated companies in order to create standards for an interconnected metaverse. The organization, formed by companies such as Animoca Brands, Dapper Labs, The Sandbox, and Unstoppable Domains, stated its objective was to achieve...
Nifty & Warner Bros. launch GOT digital collectibles
3.11.2022
Nifty’s and Warner Bros. Discovery Global Consumer Products are extremely excited and enthusiastically announce their newly formed tie-up as a formal partnership. This occurrence occurred after the resounding success of the deliverance of the epic Game of Thrones from the stable of HBO....
ZoidPay to Revolutionize the Web3 Landscape With $75M Investment Commitment From GEM Digital
3.11.2022
A $75M financial commitment is set to establish ZoidPay as the go-to open architecture for building the next generation of Web 3.0 financial services. PRESS RELEASE. November 3, 2022, Bucharest, Romania — ZoidPay, the leading Web 3.0 architecture provider, has secured an investment commitment...
Digital Asset Platform Bakkt Agrees to Buy Apex Crypto for Up to $200M
3.11.2022
The firm will pay $55 million in cash, upon deal close, and $145 million in stock and seller notes upon achieving certain financial targets