Assets
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Blockchain
Backed Implements Chainlink Proof of Reserve for Tokenized Real-World Assets (RWAs)
The integration of Chainlink Proof of Reserve (PoR) is something that Backed is pleased to announce. With this feature, users…
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Regulation
Gensler remarks ‘don’t get me started on crypto’ reaffirming most digital assets are securities
In his recent talk before the 2023 Securities Enforcement Forum, SEC Chair Gary Gensler offered a stark warning to the…
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Regulation
London Launches 40-Member Team to Police Digital Assets As Crypto Economy Grows: Report
London’s Metropolitan Police have reportedly assembled a 40-person team dedicated to cracking down on crypto crime. According to a new…
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Blockchain
UAE emirate launches new free zone for digital assets, Web3 and AI
Ras Al Khaimah ruler Sheikh Saud bin Saqr Al Qasimi inaugurated the new RAK Digital Assets Oasis (RAK DAO), an…
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Blockchain
Fidelity Digital Assets becomes first enterprise client of EY’s blockchain tool
EY, one of the “big four” global accounting firms, unveiled Fidelity Digital Assets as the first enterprise client to leverage…
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Regulation
California Governor Gavin Newsom Signs Bill To Create Regulatory Framework for Digital Assets
The governor of California has signed off on a bill that aims to create a new regulatory framework for digital…
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Bitcoin
Has Bitcoin become less risky than traditional finance assets?
Bitcoin’s higher Sortino Ratio gave it an edge over traditional finance instruments. Bitcoin’s 30-day volatility plunged to 15.47%, half of…
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Regulation
SEC Says Crypto Assets Have No ‘Inherent Value’ in New Court Motion Against Coinbase
The U.S. Securities and Exchange Commission (SEC) has stated that digital assets have no inherent value. In a court motion…
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Blockchain
KYC coming for real-world assets “sooner or later:” Q+A with Centrifuge CEO
Tokenized real world assets such as homes and private credit are a trending topic in the blockchain technology space, seemingly…
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Scams
Trio Involved in Crypto Fraud Sentenced to Prison, Ordered To Forfeit $100,000,000 in Bitcoin and Other Assets
Three of the perpetrators behind the AirBit Club cryptocurrency Ponzi scheme are now facing jail time and forfeiture of millions…
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