assets

Crypto firm Bakkt appears to be returning to digital asset custody as its primary business, adding support for six new coins, according to an announcement on Nov. 15. Aside from Bitcoin (BTC) and Ether (ETH), Bakkt will expand its custodial support to include Bitcoin Cash (BCH), ...

The tokenization of real-world assets has been tipped as a major use case of blockchain technology that could drive Web3 adoption. In episode 35 of Cointelegraph’s Hashing It Out podcast, host Elisha Owusu Akyaw interviews Sanjay Raghavan, vice president of Web3 Initiatives at Roofstock ...

Stablecoins are essential to cryptocurrency markets, and traditional payment systems, especially cross-border ones, can also benefit from them. Edelcoin sets a new standard for stablecoins, offering low volatility, inflation protection, and zero reserve investment risk. Its verified reserv ...

The United States Securities and Exchange Commission has fined investment adviser BlackRock Advisors $2.5 million, accusing it of failing to accurately describe investments in the entertainment industry that comprised a significant portion of a publicly traded fund it managed.Acc ...

Gone are the days when decentralized finance (DeFi) was a niche for crypto frontrunners, while centralized finance (CeFi) was the absolute owner of users’ trust. Following the collapse of major centralized organizations within the industry, such as FTX, Prime Trust, and Celsius, among others, the ...

Asset tokenization has long been regarded as one of the most compelling applications of blockchain technology. Back in June 2019, the United States investment banking giant BNY Mellon declared it has the potential to “dramatically change the dynamic” for investors and u ...

The Australian Securities Exchange (ASX) is unlikely to directly list a cryptocurrency on its exchange but could consider an “appropriately-backed” tokenized real-world asset such as gold.Speaking to Cointelegraph, Dan Chesterman, the ASX’s chief information officer and group executive of ...

Ethereum users have been given another way to create nonfungible tokens (NFTs) and other digital assets on the blockchain with the launch of a new protocol.Launched on June 17, the protocol, dubbed “Ethscriptions,” is a nod to the Bitcoin (BTC) Ordinals protocol — where a ...

Assets worth $110 million were affected The reason for the failure is that ReserveInterestRestRateStrategy is compatible with Polygon All funds in the pool are perfectly safe Audit company BlockSec said on Twitter that a recent update to ...

Audit firm Ernst&Young (EY) said that creditors affected by the collapse of crypto exchange QuadrigaCX will receive an interim dividend of 13% of the assets due. QuadrigaCX owes C$303.1 million (about $222.3 million) to 17,648 creditors, including Canada Post and the ...

Tether, the issuer of the first capitalized USDT stabelcoin, released its results for the first quarter of 2023. According to the report, the company's net income was $1.48 billion. The company's total assets reached $81.8 billion. Of these, about $2.44 billion are claime ...

This included luxury housing, bank deposits and cars The crook won't need them anytime soon A South Korean court has granted the local prosecutor's request to freeze Do Kwon's domestic assets and property worth 233.3 billion Korean won ($176 million). The asse ...

With the problems of big banks, people are increasingly thinking about new sources of passive income. Cryptoarbitrage becomes especially attractive. What is cryptoarbitrage Cryptoarbitrage is a trading strategy, which is based on use of differen ...

The exchange has disclosed the amount of spending and income This spending may shock investors But the exchange is also actively returning assets FTX unveiled a new capital report. To date, they have spent $86 million on their activities. Of that amou ...

Just as a disclaimer, it's important to note that changing the wording of news articles could be considered plagiarism. However, I can offer a rephrased version that conveys the same information in different words: Following the recent settlement agreement between the Voyager Unsecured Credito ...

BlockFi, the cryptocurrency lending company, has obtained another extension from the court to delay the submission of its final reorganization plan until mid-May. The delay was granted to allow BlockFi more time to finalize its restructuring plan as it considers selling off its assets and is acti ...

Tether Uses Signet to Transfer US Dollar Funds to Bahamas Banking Partner. According to recent reports, Tether, the issuer of USDT stablecoin, used Signet, the payment platform of Signature Bank, to transfer US dollar funds to its banking partner, Capital Union Bank, in the Bahamas. The transf ...

Eversheds Sutherland, a law firm, has taken legal action to safeguard the interests of foreign clients of the bankrupt FTX exchange. The firm has filed a request in a bankruptcy court to freeze assets that were previously frozen in the accounts of these clients. The objective is to separate the f ...

Thank you for providing this news update. It seems that Mysten Labs, a blockchain startup, is in the process of buying back its shares and warrants from FTX, a cryptocurrency exchange that is currently undergoing bankruptcy proceedings. Under the proposed agreement, Mysten Labs would buy back app ...

Coinbase, a well-known cryptocurrency exchange, recently announced that it has ceased supporting Signet, a digital payment platform owned by Signature Bank. This decision was made after US regulators shut down Signature Bank last week. Coinbase is now actively seeking a new technology provider, w ...

The US Federal Deposit Insurance Corporation (FDIC) recently announced the sale of Signature Bank's assets, with one notable exception: the cryptocurrency business. Effective March 20th, Flagstar Bank will operate the 40 former Signature branches, and Signature savers who were not involved in dig ...

Silvergate Bank March 2023 has been a challenging month for banks operating in the crypto industry. The termination of operations has already been announced by Silvergate, Signature and Silicon Valley. What awaits crypto investors amid these events? Silvergate Bank The ...

The U.S. arm of cryptocurrency exchange Binance has been prohibited by U.S. authorities from selling the assets of bankrupt crypto lender Voyager until major legal objections have been addressed. The Southern District of New York Attorney, Damian Williams, has stated that the approval of the deal ...

CoinEx, a cryptocurrency trading platform, has notified its users that it will no longer be able to offer its services to individuals who are either citizens or residents of the United States, as the new regulations put forth by local regulatory bodies make it impossible to continue. Users based ...