Crypto Exchange FTX Launches Bitcoin Pairs for Wall Street Stocks Like Tesla, Apple, Amazon

Crypto derivatives exchange FTX will give cryptocurrency traders the opportunity to trade tokenized shares of major companies like Apple Inc. and Amazon. The so-called fractional stocks will soon be available on the company’s platform. Tokenized Shares To Some Of The Biggest As per a recent report, FTX will be partnering with German financial firm CM Equity […]

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Dutch Police Seize $33 Million in Bitcoin from Couple Accused of Money Laundering

Dutch Police Seize $33 Million in Bitcoin from Couple Accused of Money Laundering

Prosecutors from the Netherlands have seized 2,532 bitcoins worth $33 million after a couple was convicted of money laundering by the Rotterdam District Court. The man and his wife were sentenced to two years for illegal money transmission and the court claims the couple’s bitcoin stash was used on the deep web. Dutch officials recently […]

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KPMG Expands Crypto Management Suite to Boost Institutional Adoption

KPMG Expands Crypto Management Suite to Boost Institutional Adoption

KPMG’s cryptocurrency management suite has expanded with the company’s integration of Coin Metrics’ products. KPMG’s new tools are “designed to enable the increasing institutional adoption of cryptoassets.” KPMG Enhances Its Crypto Management Suite KPMG LLP announced Tuesday that it has formed a strategic alliance with the crypto market and network data provider Coin Metrics Inc. […]

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Iran Becomes First Country To Use Bitcoin As a Medium of Exchange

Following new sanctions by the United States Treasury Department earlier this week, Iran now hopes to use Bitcoin for cross-border settlements, local media reported Thursday. The Iranian government amended its crypto regulations so that miners can redirect cryptocurrencies to Iran’s finance mechanism for international trades as the country’s fiat currency continues to suffer from both […]

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Average Bitcoin transaction fees rose to their highest level since 2018 this week

Average Bitcoin transaction fees rose to their highest level since 2018 this week

Transaction fees on the bitcoin network are at their highest point since early 2018, according to available network data — a development that comes amid recent upward price action for the cryptocurrency. The latest movement in bitcoin network fees appears to have started on October 26, when bitcoin’s price was fluctuating around the $13,000 level. […]

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Fidelity Digital Assets teams up with Singapore crypto firm in Asian expansion bid

Fidelity Digital Assets teams up with Singapore crypto firm in Asian expansion bid

Crypto custody provider Fidelity Digital Assets is offering its technology to a Singapore-based startup as part of a new offering catering to wealthy investors in Asia, according to a Bloomberg report.  As part of the arrangement, Stack Funds will leverage Fidelity’s platform to custody digital assets on behalf of “Asia’s high-net-worth investors.” Stack Funds, for […]

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Crypto staking services provider Figment raises $2.5 million in Series A funding

Crypto staking services provider Figment raises $2.5 million in Series A funding

Figment, a crypto staking infrastructure provider, has secured $2.5 million in Series A funding. The round was led by Bonfire Ventures, with participation from FJ Labs, XDL Capital Group, Leminiscap, BKCM, and angel investor Stephan Patnernot. With fresh capital in hand, Figment plans to expand its team and scale its staking infrastructure. Figment currently employs […]

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Crypto exchange FTX to offer 24/7 tokenized stock trading

Crypto exchange FTX to offer 24/7 tokenized stock trading

Cryptocurrency exchange FTX has ventured into the space of tokenized equity trading. The exchange will now let users buy fractions of shares such as Tesla, Amazon, and Apple. Fractional stock trading allows buying less than one share, and it is particularly useful for high-cost stocks. FTX has partnered with German financial services firm CM-Equity, and […]

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