Digital Assets news and trends

This Week in Web3: Wells Notices, Crypto Payments and Usability
Cryptocurrency // May 08, 2024

Crypto goes up, and crypto goes down. Then, often, crypto goes back up. It can be a dizzying and volatile cycle. Just collapsed cryptocurrency exchange FTX’s customers, who, having once feared they’d lost their collective billions, can now take solace from the news Tuesday (May...

Revolut Debuts Crypto Exchange for Professional UK Traders
News // May 07, 2024

British FinTech Revolut has unveiled a stand-alone cryptocurrency exchange for professional crypto traders.  Revolut X, announced Tuesday (May 7), is designed to compete with other top exchanges by offering easy on and off ramping, and low fees, according to a Tuesday blog post from the...

Vodafone is Bringing Crypto Payments to SIM Card-Based Mobile Wallets
Cryptocurrency // May 06, 2024

Phone, keys, wallet. That’s the daily routine that tens of millions  if not billions — of people undergo each morning when checking their pockets or purses before they leave their homes to start the day.  And with the recent news that telecommunications giant Vodafone is planning to integrate...

Bakkt Cuts 13% of Staff as Execs Depart
Personnel // May 06, 2024

Bakkt is cutting staff after warning earlier this year about the future of the company. The cryptocurrency platform said in an April 29 securities filing that it is laying off 28 workers, or 13% of its non-call center staff. “The reduction in force is a component...

Interviews & Exclusives
Stablecoins, Unstable Crypto Market Propel Coinbase Profits

February 16, 2024
Renewed investor enthusiasm for crypto has been good news for U.S. cryptocurrency exchange Coinbase. And while 2023 wasn’t the greatest year for crypto, it was no 2022, and Coinbase’s latest quarterly results, announced Thursday (Feb. 15), highlight that the famously volatile digital asset sector could, once again, be on the upswing.  The company’s fourth-quarter revenue beat […]

Unable to Hold Their Pegs, Stablecoins Prove Anything but Stable

November 09, 2023
The hallmark of stablecoins has been instability. In a paper published this week by the Bank of International Settlements (BIS), the analysis shows that with a decade of trading history, none...

US Crypto Clampdown Continues as SEC Wins NFT Enforcement

August 29, 2023
The year 2023 will forever be remembered as the year the U.S. Securities and Exchange Commission (SEC) went to war with crypto. Determining who is truly trying to innovate a...

Credit Unions Can Win With Crypto via Education, Says PSCU

June 20, 2023
While crypto may have lost its shiny-object appeal, many still believe digital assets hold utility. In the face of ongoing regulatory scrutiny and volatile market swings, the crypto landscape has shown surprising...

Quick Reads
Mastercard Selects 5 Startups for Blockchain and Digital Assets Program

May 15, 2024
Mastercard has selected five startups from around the world to participate in its Start Path Blockchain and Digital Assets program. This program is designed to connect Mastercard with industry experts and FinTechs so that they can work together to explore differentiated use cases in which blockchain and digital assets can help solve real-world problems, the […]

Revolut Debuts Crypto Exchange for Professional UK Traders

May 07, 2024
British FinTech Revolut has unveiled a stand-alone cryptocurrency exchange for professional crypto traders.  Revolut X, announced Tuesday (May 7), is designed to compete with other top exchanges by offering easy...

Bakkt Cuts 13% of Staff as Execs Depart

May 06, 2024
Bakkt is cutting staff after warning earlier this year about the future of the company. The cryptocurrency platform said in an April 29 securities filing that it is laying off 28...

Crypto Firms Engage in Aggressive Fundraising to Boost Valuations

May 05, 2024
Cryptocurrency startups are reportedly engaging in aggressive fundraising as the digital asset space recovers. As Bloomberg News reported Saturday (May 4), this approach entails an open-ended form of fundraising that...