Coinbase and Conio Partner to Bring Digital Assets to Italian Banks

The partnership between Coinbase and Conio is indicative of a larger trend in Europe that sees traditional banks and other financial institutions accepting cryptocurrencies more and more. The well-known US cryptocurrency exchange Coinbase and Conio, an Italian cryptocurrency wallet provider partly owned by two large Italian companies, have formed a new alliance. This partnership aims to make a variety of digital assets more easily accessible to banks and other financial institutions across Italy. Conio will make use of Coinbase Prime to provide institutional-grade liquidity support for crypto-friendly banks looking to…

Circle and SBI Holdings partner to boost USDC circulation in Japan

Circle, the stablecoin issuer behind USD Coin (USDC), is teaming up with Tokyo-based financial services firm SBI Holdings to boost the adoption of USDC and Web3 services in Japan. Circle said it concluded a memorandum of understanding (MOU) with SBI Holdings on Nov. 27, which will underpin the strategic expansion of USDC into Japan. Circle and SBI Holdings are joining forces to boost $USDC circulation and transform the financial landscape in Japan with $USDC and Web3 Services! This partnership signifies a major leap in digital asset innovation and a strategic…

Tether’s bank partner Britannia sued over $1B deposit: Report

Tether’s bank partner Britannia Financial is reportedly facing a lawsuit over claims it failed to pay the full price of revenue-generating assets allegedly related to a large deposit from Tether. Arbitral International, a company registered in the British Virgin Islands, has sued Britannia over a $1 billion deposit from Tether, the Financial Times reported on Nov. 21, citing court documents filed in the High Court of Justice in London in 2023. The lawsuit relates to Britannia’s acquisition of Arbitral’s Bahamas-based brokerage business known as Arbitral Securities. Britannia announced the acquisition…

Disney Does NOT ‘Partner’ With Crypto Companies

I mean, as I argued, Dapper’s earlier experience could also be called successful by the standards of crypto. NBA Top Shots, where Dapper pioneered the concept of licensing beloved IP to sell tokens, does not see much action today, but at one time it was essentially the crown jewel of Dapper properties and significant part of the reason Dapper was, now in hindsight, comically overvalued. Source

Cardano Founder Wants to Partner with Kraken, Here’s Why

For many crypto firms that are currently exploring layer-2, they have found that it opens up potential new revenue streams.  Charles Hoskinson, the founder of Cardano blockchain may be eyeing a potential partnership with top US crypto exchange Kraken. This follows after Kraken announced that it plans to improve its technological capabilities, admitting that it would need the help of a blockchain developer to do so. Although many notable contenders have also signalled their interest in partnering with Kraken, Hoskinson may be the latest in line. He expressed his interest…

Nearly 50 Jurisdictions Partner To Enable Automatic Info Exchange Between Crypto Trading Firms and Tax Agencies

Nearly 50 nations including the US are collaborating to enable automatic information exchange between crypto trading firms and tax agencies. In a new press release, the government of the United Kingdom (UK) says that the coalition of jurisdictions is partnering up to create the Crypto-Asset Reporting Framework (CARF) as a means of ensuring tax compliance and combating tax evasion. “To keep pace with the rapid development and growth of the crypto-asset market and to ensure that recent gains in global tax transparency will not be gradually eroded, we welcome the…

OpenAI and Microsoft partner with Humane on wearable AI pin

The artificial intelligence (AI) startup Humane released a physical device on Nov. 10 that serves as a wearable AI virtual assistant.  The AI Pin is a lapel pin-style device that the user wears and taps to speak with a virtual AI-powered assistant. It is equipped with technology from OpenAI, the creator of the well-known chatbot ChatGPT, and has cloud computing capabilities via Microsoft. According to Humane, users can also interact with the pin via an intuitive touchpad, holding up objects, performing gestures and through its laser ink display that is…

Polygon Labs And NEAR Foundation Partner For zkWasm L2 Prover Integration

Polygon Labs (MATIC) and the NEAR Foundation have recently announced their collaboration on the development of a zero-knowledge (ZK) prover for the WebAssembly (Wasm) blockchain.   The alliance aims to “bridge the gap” between Wasm-based chains and the Ethereum ecosystem, providing customization and options for developers building with the Polygon CDK (Chain Development Kit). NEAR Foundation Joins Polygon As Core Contributor According to Polygon Labs’ announcement, introducing a zkWasm prover will enable developers utilizing Polygon CDK to choose from various provers when building their projects. This can be leveraged in various…

CEHV partner suggests uncertain times ahead amid Genesis shutdown 

With many analysts speculating the outcomes of the Spot Bitcoin ETF race, partner at CEHV, Adam Cochran, shares his perspective in a Nov. 8 post on X. From Cochran’s perspective, while odds are good for other ETFs, the Digital Currency Group (DCG) and more specifically the asset management unit Grayscale, may be have a tough road ahead. Effects of Genesis’ downfall Cochran suggests that DCG CEO Barry Silbert’s situation comes as a result of the Genesis shutdown, the absence of updates regarding GBTC conversion following a court case, the lack…