Swiss-based crypto bank Sygnum has achieved profitability in the first half of 2024, marking a significant milestone in the digital asset industry. The bank’s success is attributed to robust growth across its core business segments, including custody, trading, and lending services. With assets under administration surpassing $ 4 billion, Sygnum caters to clients from …
While bitcoin and the broader cryptocurrency market experienced declines over the past three days, The Open Network’s toncoin (TON) hit an all-time high on Saturday morning, reaching $ 8.25 per unit. TON has climbed into the top ten rankings with a current market valuation close to $ 20 billion. TON Defies Crypto Market …
On Thursday, a Cryptopunk NFT with an alien theme changed hands for 4,000 ether, equivalent to $ 12.41 million. This particular Cryptopunk, #635, ranks as the sixth priciest in the Cryptopunks collection. Cryptopunks Collection Sees Another Major Sale With $ 12.41M Transaction In 2024, another significant transaction involving Cryptopunk #635 took place on …
In a landmark achievement for the cryptocurrency sector, Transak has become the first global on/off-ramp service to secure SOC 2 Type 2 compliance. The firm explained to Bitcoin.com News that the accomplishment underscores the company’s commitment to data security and customer trust, paving the way for broader Web3 industry collaborations with heavily-regulated companies worldwide. Transak […]
After obtaining a comprehensive capital markets license in Singapore, Hashkey Group announced it has successfully garnered $ 100 million through a Series A funding round. The fresh injection of capital is earmarked for expediting the growth of their licensed operations in Hong Kong, while simultaneously strengthening the company’s Web3 initiatives. $ 100 Million …