Blockchain Expo Europe: Unearthing the catalysts for institutional crypto adoption

In a fireside chat at Blockchain Expo Europe, James Morek, Co-Head of Institutional Sales EMEA & APAC at Coinbase, and Nick Philpott, CEO of Zodia Markets, shared their insights on what is needed for institutional crypto adoption.

The conversation delved into critical topics such as regulatory collaboration, the role of decentralised technology, and the impact of blockchain and stablecoins on financial transactions.

Regulatory collaboration and frameworks

The...

Renee Francis, Take3: The transformative potential of Web3

The Block caught up with Renee Francis, Founder and Director of Take3, to discuss the transformative potential of Web3.

With a background in marketing and extensive experience with platforms such as Facebook, LinkedIn, and Google, Francis offers a unique perspective on the issues that Web3 aims to address.

In this interview, she shares insights into the benefits of Web3, the challenges it faces, and her excitement for various projects in the space.

Data...

Avantgarde launches world’s first institutional grade digital assets platform

Avantgarde Finance Group is partnering with Agio Digital, a digital assets and fund services platform, to offer the first ever institutional-grade on-chain crypto products.

Using the platform, it is now possible to set up fully regulated and compliant on-chain funds in a matter of weeks, reducing total expense ratios by more than 80%.

Avantgarde is a provider of tech-enabled investment solutions which facilitate the secure management of digital assets, and embeds...

House of Lords approve UK crypto bill

UK parliamentarians have taken a significant step towards recognising cryptocurrencies as a regulated activity with the approval of the Financial Services and Markets Bill (FSMB) by the House of Lords.

The move brings the bill closer to becoming law, marking an important development in the country's approach to digital assets.

Anto Paroian, CEO at ARK36, said:

"At ARK36, we feel the news that the UK parliament has just voted through a new bill which could...

CoFund tokenises luxury Bali hotel using Tokeny

Bali Hotel

Tokeny, a tokenisation infrastructure provider, has partnered with CoFund, an Ethereum real-estate tokenisation marketplace, to tokenise a luxury hotel in Indonesia.

The $10 million hotel sits on the island resort of Bali, and will be tokenised using ERC-3643 security tokens on the Polygon network.

Luxembourg-based Tokeny said that investors will be able to buy a piece of the hotel through a minimum investment of $1,000.

Luc Falempin, CEO of Tokeny, said:...

Coincover raises $30m to bolster digital asset security

Security

London-based digital asset protection firm Coincover has secured $30 million (£25m) in a funding round led by Foundation Capital with additional investment from CMT Digital.

The company plans to use the funds to scale its operations, increase recruitment, and develop new products that strengthen the security of the cryptocurrency space.

Coincover launched in 2019 with the goal of improving trust within the digital asset sector. It already works with more than 300...

Official Dalai Lama NFT collection launches for charity

The Dalai Lama

The first official NFT (Non-Fungible Token) collection of the Dalai Lama is launching today to raise money for charity.

The series of 10 NFTs of His Holiness – created by artist Alex Echo and authorised by the office of the Dalai Lama, The Gaden Phodrang Foundation – each has 108 limited editions and will be released over the next 10 weeks exclusively on Hyprr, a new digital art platform.

NFTs are one-of-a-kind assets in the digital world (e.g. images or video) that...

Huobi develops its asset storage offering with new ‘cloud wallet’

Wallet Storage

Huobi, the once Chinese crypto exchange that now operates globally, has launched a ‘cloud wallet’ designed to improve ease of access to digital asset management.

The new wallet feature removes the need for users to maintain their own private key through a third-party management system.

This not only simplifies wallet interaction but also removes the risk of owners forgetting or losing their private key, making their assets unretrievable.

The owner’s keys...

PayPal scraps annual purchase limit of cryptocurrency

PayPal Office, Dublin

PayPal has announced its annual purchase limit of $50,000 (£36,500) for Bitcoin and other digital assets is being removed.

Similarly, the platform’s weekly purchase limit is being raised fivefold from $20,000 (£14,500) to $100,000 (£73,000).

Jose Fernandez da Ponte, PayPal’s vice president of blockchain, crypto and digital currencies said: “These changes will enable our customers to have more choice and flexibility in purchasing cryptocurrency on our...