Bitwise CIO Matt Hougan told Blockworks that the reasoning behind its portfolio is based on “building roads, bridges and infrastructure that allows the crypto economy to thrive.”
Sonnenshein described himself as “steadfastly loyal to Barry Silbert and to the vision that he set out” to accelerate the development of a better financial system through the proliferation of digital assets and blockchain technology.
Diem is moving its operations to Washington, DC, and the Diem Payments Network will register with the Financial Crimes Enforcement Network (FinCEN) as a money services business.
“This is just the beginning for us,” said Sam Blond, Brex’s Chief Sales Officer. “We are bullish on this crypto space as a company and leadership team. Rewards are our first foray, but we will soon offer additional ways for customers to transact crypto more broadly on Brex.”
UBS would join its banking counterparts in the US, which are also looking to meet new and growing client demand for cryptocurrency exposure
Oil was once the only industry Shah ever knew. She grew up in Houston, Texas, and her parents worked in the oil industry. She earned a degree in petroleum engineering and took a job at Chevron after graduating. She stayed in oil until energy took a hit in 2015 and then began looking for an out.
The San Francisco-based startup sells subscription plans to creators for their NFT storefronts so they can engage with buyers directly rather than selling through larger marketplaces like Nifty Gateway or OpenSea.
Coin Metrics, the blockchain and cryptocurrency data company, said Wednesday it raised $15 million to expand operations in Europe and Asia and create new products.
The sports and cryptocurrency worlds have been moving closer towards each other for several months.
FIS is partnering with NYDIG to allow customers of its bank clients to buy, sell and hold cryptocurrency through their bank accounts.
The Fed is one of several central banks around the world considering creating a CBDC, or central bank digital currency. The central banks of China, Europe and England already have plans in place to move forward with theirs.
As institutional interest and adoption of digital assets heats up, firms are looking to beef up their offerings with real-time data services (and justify their management fees).
The SoFi credit card comes with a 2% unlimited cash-back incentive that customers can now redeem for cryptocurrency credited directly to their SoFi Crypto account.
The SEC has historically postponed its decision on bitcoin ETFs as much as possible before ultimately rejecting them.
New York-based Paxos plans to use the funds to continue investing in its infrastructure, hire more people and add liquidity across the platform to “enhance the customer experience and increase utilization of its tokens.
Among Genesis’ top 100 largest clients by OTC volume traded, volume from corporates increased to more than 25% of total activity.
The fifth-largest bank in the US by assets is moving forward with its plans to invest in digital assets.
Rewards will be delivered immediately, rather than monthly as with most points or cash-back programs, and deposited into customers’ Gemini accounts automatically.
Adam Blumberg, cofounder at Interaxis, a digital assets education and training company for financial advisors and investors, suggested the bank may be calling it “actively” managed to justify some of the fees it charges, or will charge.
NYDIG will be able to support more bitcoin miners and leverage Arctos’ credit solutions for banks and insurance companies, which make up much of NYDIG’s clientele.