U.S.-based battery materials firm Solidion Technology has announced a strategic shift in its corporate treasury management, which involves committing over 50% of its surplus cash reserves to Bitcoin investments. In a recent press release, Solidion described Bitcoin as a...
Crypto.com is expanding its range of services with the acquisition of Fintek Securities, a licensed Australian brokerage regulated by the Australian Securities and Investments Commission (ASIC). Announced on November 14, this acquisition allows the crypto exchange to offer an...
Hong Kong-based web3 company Animoca Brands has secured an additional $10 million to further develop Mocaverse, a collection of 8,888 unique membership NFTs. This funding forms part of a broader $41.8 million capital raise and includes support from prominent...
Deutsche Telekom AG, the world’s fifth-largest telecommunications provider by revenue, is joining the NEAR ecosystem as part of its Enterprise Node Operators program. In its announcement, the German telecom giant stated it would play a "key role" as a...
Mesh, a U.S.-based fintech backed by PayPal Ventures, has partnered with Reown (formerly WalletConnect) to introduce wallet ownership verification for UTXO-based assets, starting with Bitcoin. In a press release on November 11, the company highlighted that the wallet ownership...
South Korean crypto exchange Korbit has partnered with Coinbase to expand local users’ access to the latter’s Layer 2 blockchain, Base. As reported by Business Korea on November 8, the partnership will allow Korbit users to make direct deposits...
Swiss banking giant UBS has successfully completed a pilot of its blockchain-based payment system, UBS Digital Cash, aimed at improving the efficiency of cross-border transactions. The multinational investment bank announced the achievement on November 7, highlighting that the trial...
WazirX is preparing to relaunch trading on its with enhanced features, a recovery plan designed to compensate creditors and victims of its July hack. The Indian crypto exchange announced plans to restart trading by February 2025 and roll out...
DeFinity Markets, a platform that provides institutional-grade digital asset matching and settlement for both fiat and cryptocurrency, has partnered with Fireblocks to enhance its security infrastructure. Manu Choudhary, CEO of DeFinity Markets, expressed excitement about the partnership, stating, "We...
JPMorgan Chase & Co. is set to launch instant foreign exchange (FX) settlements for dollar-euro transactions through its Kinexys blockchain platform, according to Bloomberg. Kinexys, originally known as Onyx, was introduced in 2020 to facilitate digital payments via JPM...
