Paribu Announces Digital Asset Custody Service for Institutional Clients Worldwide

Istanbul, Turkey, November 22nd, 2024, Chainwire Türkiye’s digital asset custodian Paribu to offer crypto custody services to institutional clients worldwide Since 2017, Türkiye’s leading crypto asset technology company Paribu has served 7 million users. Now, with the launch of Paribu Custody, it offers institutional clients worldwide secure digital asset custody and management aligned with international…

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VeChain Unveils VeBetterDAO Endorsement: A Win for VET and Node Holders

Vechain has launched the Endorsement mechanism, an initiative for Economic and X node holders to engage in platform governance. The endorsement mechanism is vital for decentralizing decision-making within the Better ecosystem, allowing the community to select eligible apps for governance rewards, a responsibility currently held by the VeChain Foundation. VeChain, one of the longest-standing projects…

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Bybit Strengthens Partnerships and Explores Islamic Finance Innovation at Exclusive Forum

Dubai, United Arab Emirates, November 22nd, 2024, Chainwire Bybit, the world’s second-largest cryptocurrency exchange by trading volume, hosted a groundbreaking Islamic Finance Forum, bringing together renowned scholars, industry leaders, and key partners to discuss the evolving landscape of Shariah-compliant digital assets. The forum deepened collaborations and highlighted Bybit’s commitment to supporting Muslim investors through its…

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SEC Chair Gensler Announces Departure Ahead of Trump Presidency— SEC Lawsuits to ‘Quietly Go Away’?

The Chairman of the US Securities and Exchange Commission (SEC), Gary Gensler, has officially announced on X that he is resigning in January 2025.  In a release published by the Agency, the Gensler-led administration retrieved $2.7 billion for harmed investors through enforcement actions.  The Chairman of the US Securities and Exchange Commission (SEC), Gary Gensler,…

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XRP-Backed ETP Debuts in Europe: WisdomTree Expands Crypto Offerings

WisdomTree launches Physical XRP ETP across major European exchanges with a 0.50% management fee, featuring institutional-grade security through dual custody and cold storage protection. As of November 2024, multiple firms, including 21Shares, are pursuing XRP ETF approval in the US, with SEC facing a June 2025 deadline for current applications. WisdomTree has launched its latest…

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