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Are decentralized digital identities the future or just a niche use case?

As users take advantage of online services and explore the internet, they eventually create a digital identity. This type of identity is then tied to central entities like Google and Facebook, which make it easier to share data with new services through simple sign-in buttons.While these digital identity management systems

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Crypto Custody Firm Anchorage Digital to Be A Preferred Custodian for Layer 1 Blockchain Aptos Labs

Cryptocurrency custody firm Anchorage Digital is set to become Aptos Labs’ preferred institutional custodian at their mainnet launch, the firm announced Tuesday. Anchorage, the first federally chartered crypto bank in the U.S., will support the layer 1 blockchain by allowing institutions to build on Aptos, including via non-fungible tokens (NFTs),

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Digital Neobank Nubank Reaches 70 Million Customers in Latam; Almost 2 Million Have Purchased Crypto – Exchanges Bitcoin News

Nubank, a Brazil-based digital bank, has announced a new milestone in its operations. The company announced that it has reached 70 million customers in Latam, making it one of the biggest financial institutions of its kind in Brazil. The company also announced that almost 2 million of its customers are

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FTX, Binance and CrossTower are competing to buy Voyager Digital assets: Source

Cryptocurrency exchanges FTX, Binance and CrossTower are competing to acquire beleaguered crypto lender Voyager Digital’s assets out of bankruptcy, according to insider sources. According to details published by former investment banker and angel investor Simon Dixon, the three exchanges are competing in an auction to acquire Voyager Digital, and have each

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Digital Asset Exchange Platform Granted ‘Crypto Financial Services Provider License’ by Israeli Regulator – Regulation Bitcoin News

An Israeli capital markets regulator, the Insurance and Savings Capital Market Authority, recently granted a “crypto financial services provider license” to Bits of Gold, the first such license for an active company in the country. This license allows Bits of Gold to offer crypto custodian services and to enable the

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Moscow Exchange drafting bill on digital financial assets and securities trading: Report

The Moscow Exchange (MOEX) is drafting a bill to allow trading in digital financial assets (DFAs) and securities based on them, according to a report in the Russian press. The stock exchange is writing the bill on the behalf of the Russian Central Bank, which does not have the power

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