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Fidelity to beef up crypto unit by another 25% with 100 new hires
24.10.2022
The Digital Assets division within Fidelity Investments will have around 500 total staff members by the first quarter of 2023, according to a spokesperson
LBank Exchange Will List VNX Gold (VNXAU) on October 25, 2022
24.10.2022
PRESS RELEASE. INTERNET CITY, DUBAI, Oct. 24, 2022 – LBank Exchange, a global digital asset trading platform, will list VNX Gold (VNXAU) on October 25, 2022. For all users of LBank Exchange, the VNXAU/USDT trading pair will be officially available for trading at 10:00 UTC on October...
Santander Proposes Project to Tokenize and Trade Properties With the Brazilian CBDC
24.10.2022
Santander, the Spain-based bank, has presented a project to use tokenization in tandem with the digital real, the proposed Brazilian cryptocurrency, in order to facilitate property transactions. The proposal, part of the LIFT challenge, would be focused on simplifying the sale of real estate...
Fidelity Discusses Bitcoin as Portfolio Insurance — Could Soon Stand in ‘Stark Contrast’ to Path Fiat Currencies Take
24.10.2022
Fidelity Digital Assets, a subsidiary of Fidelity Investments, says that bitcoin could be considered portfolio insurance. The firm notes that the cryptocurrency “may soon stand in stark contrast to the path that the rest of the world and fiat currencies may take — namely the path...
Bitcoin․com Launches NFT Project – Buyers in VERSE Token Sale to Receive Exclusive NFTs
22.10.2022
Bitcoin.com, a digital ecosystem and secure self-custody platform where users can safely and easily interact with cryptocurrencies and digital assets, has announced it is launching an NFT project tied to its rewards and utility token VERSE. The Verse NFT collection will be limited in supply by...
Binance Obtains Registration as Crypto Service Provider in Cyprus
22.10.2022
Cryptocurrency exchange Binance will be able to offer services for digital assets in Cyprus as the platform is now registered with the country’s securities regulator. The news comes after the company obtained similar approvals in several other European jurisdictions. Global Exchange Binance...
Fidelity’s Crypto Platform Prepares to Start Offering Ethereum Trading Next Week
22.10.2022
Fidelity Digital Assets, a subsidiary of Fidelity Investments, has informed customers that it will start offering ethereum trading and custody services on Oct. 28. “Investors will be able to buy, sell, and transfer ether, accessing the same operational excellence, robust security,...
Pension Fund-Backed Parataxis Digital Yield Fund Targets $500M in Assets in 2023
21.10.2022
The digital yield fund received investments from two Fairfax County, Va. pension funds earlier this year
Creadores de NFTs basados en Ethereum recibieron más de US$1800M en regalías, según Galaxy Digital
21.10.2022
Hasta el momento, el creador de Bored Ape Yacht Club, Yuga Labs, fue el que más pagos recibió, US$147 millones
Over $1.8B in Royalties Have Been Paid Out To Ethereum-Based NFT Creators: Galaxy Digital
21.10.2022
Bored Ape Yacht Club creator Yuga Labs has earned the most in royalties to date, with over $147 million in payouts
Russian Regulator: Crypto Sanctions Are a Form of Digital Fascism
21.10.2022
One of Russia’s top regulators thinks that the crypto-related sanctions that have been imposed on the country and its citizens are a type of “digital fascism.”...
Read More: Russian Regulator: Crypto Sanctions Are a Form of Digital Fascism
Celestia Raises $55 Million to Solve Blockchain Modularity Challenge
21.10.2022
Celestia, a project that aims to solve the perceived centralization problem in current monolithic blockchains, has announced it has raised $55 million in its latest funding round. The round, which was led by Bain Capital Crypto and Polychain Capital, also saw the participation of Delphi Digital...
JPMorgan Hires Former Executive of Bankrupt Crypto Firm as Head of Digital Assets Regulatory Policy
21.10.2022
JPMorgan Chase & Co. has hired bankrupt crypto lender Celsius Network’s former head of policy and regulatory affairs as its new head of digital assets regulatory policy. The move followed JPMorgan CEO Jamie Dimon telling U.S. Congress that crypto tokens, like bitcoin,...
Crypto needs to self-regulate before governments crack down
20.10.2022
From privacy standards to consumer protection, the cryptocurrency industry needs to better regulate itself before governments crack down
Brazil-Based Neobank Nubank to Launch Own Cryptocurrency as Part of Loyalty Program
20.10.2022
Nubank, one of the largest digital banks in the world, has announced it will issue its own cryptocurrency during the first half of 2023. The currency, called Nucoin, will be issued on top of Ethereum with the help of Polygon, a second layer that allows users and developers to take advantage...
US IRS Releases New Reporting Guidelines for Digital Assets
20.10.2022
The US Internal Revenue Service (IRS) has released updated guidelines for reporting digital assets, clarifying the taxation of non-fungible tokens (NFTs) and stablecoins as well.
The IRS’ draft 2022 tax year guide has placed cryptocurrencies, stablecoins, and NFTs into the same category...
Crypto News Summary: Nubank’s New Nucoin Crypto, Fidelity’s ETH Offer, Bitpanda Partners With N26 Digital Bank
20.10.2022
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: Crypto News Summary: Nubank’s New Nucoin Crypto, Fidelity’s ETH Offer, Bitpanda Partners With N26 Digital Bank
Marvel Snap Is Probably The Best Digital Card Game Out There Right Now
20.10.2022
It’s a bit cliched, but a good rule of thumb is: if a game makes you forget what time it is and you end up staying up far past your usual bedtime, it’s likely something special. Marvel Snap, a new digital card game available today for everyone on iOS and Android, has kept me up far too many nights...
German Crypto Bank Nuri Asks Clients to Withdraw Funds as It Goes Out of Business
20.10.2022
Digital asset platform Nuri has told customers to withdraw their funds in the next two months, after taking a hit from the crypto winter. Formerly known as Bitwala, the Berlin-headquartered cryptocurrency bank filed for insolvency earlier this year and failed to find a buyer. Nuri to Maintain...
South African Financial Sector Regulator Declares Crypto Assets a Financial Product
20.10.2022
According to a general notice published in a government gazette, crypto assets are now treated as financial products under South Africa’s Financial Advisory and Intermediary Services (FAIS) Act. Declaration of the crypto assets as financial products means crypto asset service providers...