A group of debtors managing the cold storage wallets of the collapsed crypto exchange FTX has transferred more than $19 million worth of assorted tokens to various crypto exchange addresses. The on-chain analytics firm Peckshield, as quoted by Coindesk, revealed that approximately 470,000 SOL tokens, valued at $15 million based on current market prices, were […]
Tag: STO
Sizzle or Fizzle? The Red-Hot Debate on US Cryptocurrency Regulations
Despite several implosions last year in the world of crypto, it is back on the path of recovery and continuing its journey toward mass adoption. However, regulatory uncertainty remains the main challenge. All, from investors to businesses and governments, are focused on regulatory monitoring. Regulatory clarity is expected to push crypto toward a tipping point. […]
Deutsche Bank and Standard Chartered pilot SWIFT alternative for digital currencies
Deutsche Bank and Standard Chartered test Universal Digital Payments Network (UDPN) for digital currency transactions. UDPN connects blockchain networks, facilitating seamless transactions between stablecoins and CBDCs. UDPN, with 25 participating organizations, aims to enhance digital currency transactions. Global banks Deutsche Bank and Standard Chartered are pioneering a groundbreaking solution that could revolutionize cross-border transactions in […]
Mara Changes Tack Through Diversification with Fidelity
Marathon Digital (Mara), the Bitcoin mining firm, is diversifying its digital assets by partnering with Fidelity Digital Assets, a strategic move that aims to secure its financial future. Marathon’s Financial Strategy Revolution Marathon, a prominent Bitcoin miner, has historically entrusted its entire Bitcoin stash to a single provider, according to a recent statement and as […]
How Important Would a BlackRock Bitcoin ETF be for the Crypto Industry?
The cryptocurrency community has been buzzing over the idea of a Bitcoin exchange-traded fund (ETF) from BlackRock, one of the world’s largest asset management businesses. An ETF would provide investors with a more convenient and regulated way to obtain exposure to Bitcoin, potentially opening the door to institutional and retail involvement. BlackRock is a financial […]
Beyond the Buzz: Understanding the Significance of Tokenizing Real World Assets for Value Storage
In the cryptocurrency space, tokenization is the latest buzzword, which is attracting not just the Web3 natives but, more importantly, the giants of the traditional finance (TradFi) world. With all the innovation happening in finance over recent decades, the industry continues to follow the tradition in terms of intermediaries and limited availability in contrast to […]
Franklin Templeton Plays a Pioneering Role in the On-Chain Money Market Fund
The $1.4 trillion investment giant Franklin Templeton has been deeply involved in blockchain technology and continues to see operational efficiencies through a blockchain-integrated system. Franklin Templeton first started exploring the tech back in 2019 and recently said that it will offer digital asset strategies to wealth managers. It is also one of the companies waiting […]
BitPanda Secures VASP License in Norway, Bolsters European Presence
Vienna-based crypto exchange Bitpanda has secured a virtual asset service provider (VASP) license in Norway as it continues its expansion in Europe. With the addition of Norway to its list of regulated markets, Bitpanda has strengthened its presence in the region. The company holds licenses in Austria, Germany, Czechia, France, and Sweden. In a statement […]
Raising capital in the Crypto Age: Inside STM’s TokenizeThis Summit on Security Tokens
“We are extremely, extremely bullish on tokenization,” is what Richard Luftig of Castle Placement has to say about the latest trend in the maturing crypto space. Echoing this enthusiasm and to further discuss the hot topic of raising capital with security tokens, how this differs from traditional raises, and its future, the Security Token Market […]
Primex, the protocol for spot margin trading on DEXs, launches its mainnet beta
New York, USA, October 19th, 2023, Chainwire Non-custodial protocol for spot margin trading Primex Finance announces the launch of its long-awaited mainnet Beta. Representing a significant milestone for the protocol, the latest version has been deployed on Polygon’s PoS chain. Consequently, traders can utilize the Primex app and access spot margin trading on the Uniswap, […]
