Fireblocks acquires stablecoin payments platform First Digital

Blockchain infrastructure company Fireblocks has finalized the acquisition of First Digital, a stablecoin and digital asset payment platform, as part of a broader effort to expand its payment capabilities for the cryptocurrency sector.  The acquisition gives Fireblocks additional resources to enable payment service providers to acquire cryptocurrencies and accept payments in digital assets, potentially opening the door to wider use cases for the emerging technology. According to Fireblocks, merchants today are eager to integrate crypto payments but high wallet integration costs and manual Know Your Customer and Anti-Money Laundering screening…

Aussie trading platform SelfWealth to offer crypto trading to its 325K users

Publicly-listed company SelfWealth (ASX: SWF) has reportedly become the first Australian online share trading platform to offer cryptocurrency investing after announcing a deal with the local crypto exchange BTC Markets.  In an interview with Cointelegraph, BTC Markets CEO Caroline Bowler stated that investors will be able to trade five primary crypto assets from Q2 2022, pending approval from Australian financial regulator AUSTRAC. Both SelfWealth and BTC Markets were unable to provide a comment on which crypto assets would be available for purchase until regulators give the green light, but it…

Blockchain platform Axelar establishes unicorn status, mainnet launch impending

The Axelar Network has announced the completion of a $35 million Series B funding round, pushing its market value above $1 billion. Participants of the round include Dragonfly Capital, Polychain Capital and North Island Ventures, among others. The raise succeeds a previously undisclosed round led by the head of Crypto.com Capital, Bobby Bao in late-November 2021, a nine-investor $25 million Series A raise led by Polychain Capital, and participated by Mike Novogratz’s Galaxy Digital in mid-July 2021, in addition to two seed rounds across the year of 2020. Founded in…

Cere Network and Polygon Launch ‘NFT Content Monetization’ Platform Davinci – Blockchain Bitcoin News

On February 14, Cere Network and Polygon launched a non-fungible token (NFT) marketplace and Web3 platform called Davinci, a project that aims to bolster the security behind NFT data. The platform is described as an “all-in-one Web3 media platform” that leverages Cere’s decentralized data cloud (DDC) platform and the proof-of-stake blockchain network Polygon. Cere Network Launches All-in-One Web3 Media Platform Built on Polygon Non-fungible token (NFT) media has become a big deal and a billion-dollar industry during the last year. However, the space has become filled with controversies as well…

Crypto Lending Platform Charged — Blockfi Agrees to Pay $100 Million in Penalties – Regulation Bitcoin News

The U.S. Securities and Exchange Commission (SEC) has charged cryptocurrency lending platform Blockfi in a first-of-its-kind action. The crypto lender has agreed to pay $100 million to settle the charges and pursue necessary registrations. SEC Charges Crypto Lending Platform Blockfi The U.S. Securities and Exchange Commission (SEC) announced Monday that crypto lending platform Blockfi has agreed to pay $100 million in penalties. The SEC explained that “In this first-of-its-kind action,” it “charged Blockfi Lending LLC with failing to register the offers and sales of its retail crypto lending product, Blockfi…

Polygon and Cere network to launch Web3 media platform, DaVinci

The Layer 2 scaling solution Polygon (MATIC) and Cere Network, a Decentralized Data Cloud platform, or DDC, announced the launch of their joint venture Web3 media platform, named DaVinci. Their stated mission is to store NFT-backed assets more securely, and ensure verifiable and truly decentralized data. DaVinci is a direct content monetization platform for NFT-backed experiences that aims to facilitate both decentralized data transfers and nonfungible token, or NFT, value transfers. Powered by Cere’s DDC,  the platform enables personalized content streaming to NFT holders via smart contracts. And it leverages…

Coinbase partner with OneRiver to roll-out new institutional platform

Cryptocurrency exchange Coinbase has penned a partnership agreement with One River Digital Assessment Management to provide institutional-grade wealth managers with an exclusive platform to acquire digital asset investments, and engage in related activities. Detailed in an official blog post, Coinbase claime that the creation of the ONE Digital SMA will grant exposure to “a suite of digital investment strategies and indexes in an easy-to-use separately managed account platform.” The function will be exclusively accessible to Coinbase Prime users, a premium subscription service offering enhanced trading capabilities, and a bespoke custody…

Coinbase partners with OneRiver to roll out new institutional platform

Cryptocurrency exchange Coinbase has penned a partnership agreement with One River Digital Assessment Management to provide institutional-grade wealth managers with an exclusive platform to acquire digital asset investments and engage in related activities. Detailed in an official blog post, Coinbase claimed that the creation of the ONE Digital SMA will grant exposure to “a suite of digital investment strategies and indexes in an easy-to-use separately managed account platform.” The function will be exclusively accessible to Coinbase Prime users, a premium subscription service offering enhanced trading capabilities, and a bespoke custody…

Multi-Chain Liquidity Management Platform, Universe, Announces Three-Day IDO

Universe Finance has announced the date for its highly anticipated IDO. The IDO is set to run over a three-day period, beginning on February 15th and ending on February 18th. During this IDO, supporters and users of the platform will be able to purchase tokens at a cheaper rate compared to market prices. $UNT tokens will be available for purchase across multiple Universe Finance partners. Helping Investors Make Profit Universe Finance is an active liquidity management platform for Uniswap V3. It maximizes returns across the Uniswap V3 DEX, using mechanisms…

Saham Holding Launches MetaTrader 5 Trading Platform on the Saudi Stock Exchange

Saham Holding, a financial technology and securities firm based in Saudi Arabia, has announced today that it has enhanced its overall trading experience with the launch of the MetaTrader 5 platform on the Saudi Stock Exchange. With the development, Saham has become the first firm to begin providing real Saudi market data through MetaTrader 5. Saham now distributes real-time and historical data for all Saudi financial instruments. The MetaTrader 5 platform is now available to all its traders through desktop and mobile applications. The firm stated it has built its…