To date, Fireblocks customers have amassed $45 billion assets under custody on the platform. Additionally, with the launch of Aave Arc, Fireblocks has become the first to enable decentralized finance for institutional players. Fireblocks, the direct custody platform that supports over 800 major institutions, and powers digital asset and crypto products for today’s largest custodians, fintech, crypto exchanges, lending desks, super apps and asset management firms, has raised $550 million […]
Europol’s new report Cryptocurrencies: tracing the evolution of criminal finances offers insights into how criminals are using cryptocurrencies today. Based on the latest operational information contributed to Europol, data collected for the EU Serious Organised Crime Threat Assessment (SOCTA) 2021 and open sources, this report debunks the following myths: Myth #1 – Cryptocurrencies have become the payment method of choice for criminals The use of cryptocurrency as part of criminal schemes is […]
„In 2022, we will develop and send a small satellite into orbit. The satellite will be called AETHER and it will be used by other crypto projects that have their own blockchain, to run nodes beyond earth’s atmosphere,” according to the company’s website. „Different blockchains can join our ecosystem and will have the possibility to run satellite nodes. Validators will need to hold a certain number of ATHER tokens and mainnet […]
The USDF Consortium™ (the Consortium), an association of FDIC-insured financial institutions, launched with a mission to build a network of banks to further the adoption and interoperability of a bank-minted stablecoin (USDF™), which will facilitate the compliant transfer of value on the blockchain, removing friction in the financial system and unlocking the financial opportunities that blockchain and digital transactions can provide to a greater network of users. USDF is a bank-minted alternative […]
Visa is partnering with ConsenSys, a blockchain technology company, to develop new infrastructure that can help central banks and traditional financial institutions come together and build services on top of CBDC (central bank digital currency) networks. As central banks around the world dig deeper into central bank digital currency (CBDC), questions on adoption and usability are top of mind. Once you’ve built the technology to power CBDC, how do you […]
SEBA Bank, a fully integrated, FINMA licensed digital assets banking platform, announced that it has secured a successful Series C funding round, raising CHF 110 million. The round was significantly oversubscribed, with demand far exceeding the initial funding target. Existing investors, including Julius Baer, increased their positions in the funding round. This funding round will further accelerate the considerable growth that SEBA Bank has achieved over the past year. SEBA Bank is currently […]
In the era of Web3, payments will be fast, inexpensive and secure. „By bringing powerful DeFi mechanics into play, payment processing will no longer incur costs, but rather become income streams,” according to Elrond. With the acquisition of Utrust, Elrond sets out to accomplish two goals: Payments: make payments faster, cheaper and more secure by using internet-scale blockchain technology Merchant Yield: transform payment processing services from a cost for merchants […]
În decursul anului trecut, CryptoCoin.PRO a înregistrat peste 30 de solicitări din partea startup-urilor care au dorit să își lanseze propria criptomonedă, dintre care un sfert sunt companii românești. Cererea pentru serviciul de lansare ICO (ofertă inițială de monede) s-a triplat în 2021 comparativ cu anul anterior, pe fondul apariției a tot mai multe proiecte bazate pe tehnologia blockchain, potrivit platformei licențiate de exchange CryptoCoin.PRO. Conform reprezentanților companiei, cei care […]
The round gives Sygnum a post-money valuation of USD ~800 million, underpinned by a tenfold increase in consolidated gross revenues in 2021, an institutional client base now nearing 1,000 and assets under administration growing to over USD 2 billion. Sygnum, a digital asset technology group with a Swiss banking license and a Singapore asset management licence, has raised USD 90 million in an oversubscribed Series B funding round led by […]
China’s central bank has launched its CBDC wallet app on the Android and Apple app stores as it gears up for the forthcoming Winter Olympics. China has released pilot versions of its digital yuan wallet application on mobile phone app stores as the country’s central bank steps up its push to develop its own digital currency, according to Reuters. The „e-CNY (Pilot Version)” app, developed by the People’s Bank of China’s […]