Blockchain
Oppenheimer & Co. Inc. Announces Upcoming 4th Annual Blockchain And Digital Assets Summit
Oppenheimer & Co. Inc. (“Oppenheimer”) – a leading investment bank, wealth manager, and a subsidiary of Oppenheimer Holdings (NYSE: OPY) – today announced its fourth annual Blockchain and Digital Assets Summit, focusing on the evolution of blockchain technology and the mainstream adoption of cryptocurrencies and other digital assets, to be held on November 18. The online conference will feature a high-profile group of companies leading the ongoing development of the blockchain ecosystem, including Fidelity Digital Assets, Bakkt (NYSE: BKKT), Bullish, Silvergate Capital Corporation (NYSE: SI), Voyager, and EQONEX Limited (Nasdaq: EQOS).
Tim Horan, Senior Analyst for Cloud & Communications, and Owen Lau, Senior Analyst for Exchanges, Information Analytics & Asset Managers at Oppenheimer, said, “Blockchain and decentralization represent the next stage in the evolution of the financial services industry and beyond. Blockchain continues to reinvent itself, as a new wave of computing that combines cryptography, consensus algorithms and network technology is already upon us. As investors take greater interest in the retail and institutional adoption of digital assets and the regulatory environment continues to evolve, Oppenheimer is facilitating critical discussions to help identify new opportunities for companies and investors alike in this rapidly growing space.”
The Summit will include presentations, panels and 1-on-1 meetings covering important trends in the crypto and digital assets ecosystem, including the accelerating shift among technology companies to focusing on applications in financial services. Companies in attendance will include:
- Bakkt Holdings (NYSE: BKKT), a trusted digital asset marketplace that enables consumers to buy, sell, store and spend digital assets. Bakkt’s retail platform amplifies consumer spending and bolsters loyalty programs, adding value for all key stakeholders within the Bakkt payments and digital assets ecosystem.
- Silvergate Capital Corporation (NYSE: SI), a pioneering provider of financial infrastructure solutions and services to the digital currency industry. The company offers a real-time payments platform to an ever-growing list of digital currency companies and investors around the world.
- Voyager Digital Limited (OTCQX: VYGVF), a publicly traded cryptocurrency platform founded in 2018 that offers a secure way to trade more than 60 different crypto assets through a mobile application. Voyager provides crypto payment solutions and is listed on the Toronto Stock Exchange.
- EQONEX Limited (Nasdaq: EQOS), a digital assets financial services company that offers a cryptocurrency exchange and an over-the-counter trading platform, in addition to products, services and solutions for enterprises to manage data. EQONEX’s Nasdaq-listed exchange allows investors to securely trade Bitcoin, Ethereum and other cryptocurrencies.
- Arca, an asset management firm creating financial products that utilize crypto and blockchain technology. Arca has more than $500 million in assets under management and recently launched two new actively managed funds.
- Polkadot, the blockchain protocol that allows for interoperability between multiple blockchains, utilizing the native DOT token on its network. Polkadot enables developers to build specialized blockchains customized to their needs. Buyers of DOT can propose changes to the network and approve or reject major changes proposed by others.
Erica L. Moffett, Managing Director and Associate Director of Equity Research at Oppenheimer, said, “As the evolution of blockchain technology accelerates, providing a basis for new and innovative platform-based ecosystems, Oppenheimer continues to spearhead conversations around the increasing importance of digital assets for investors while publishing extensively on blockchain and digital assets. Blockchain will disrupt and transform traditional ways of doing business as capital markets open for cryptocurrency investing, and we look forward to welcoming a diverse group of industry-leading companies, investors, and speakers to our 4th Annual Blockchain and Digital Assets Summit.”
Oppenheimer & Co. Inc.
Oppenheimer & Co. Inc. (Oppenheimer), a principal subsidiary of Oppenheimer Holdings Inc. (OPY on the New York Stock Exchange), and its affiliates provide a full range of wealth management, securities brokerage and investment banking services to high net-worth individuals, families, corporate executives, local governments, businesses and institutions.
The anticipated return of $9 billion worth of Bitcoin from the Mt. Gox era has the potential to stir anxiety within the cryptocurrency market. This significant influx of Bitcoin, which has been tied up since the collapse of the Mt. Gox exchange in 2014, raises questions about its potential impact on market dynamics and investor sentiment.
The return of these long-dormant Bitcoin holdings may lead to increased volatility and uncertainty in the cryptocurrency market. Market participants are likely to closely monitor the movement of these funds and assess their potential impact on Bitcoin prices and overall market stability.
Additionally, the large-scale return of Bitcoin from the Mt. Gox era may trigger concerns about potential selling pressure and its effect on market liquidity. Investors may anticipate fluctuations in Bitcoin prices as these funds are reintroduced into the market and traded.
Furthermore, the return of these Bitcoin holdings highlights the ongoing legal and regulatory challenges associated with the Mt. Gox saga. The resolution of this long-standing issue could have far-reaching implications for investor confidence and the perception of security within the cryptocurrency ecosystem.
Overall, the anticipated return of $9 billion worth of Bitcoin from the Mt. Gox era has the potential to evoke anxiety among market participants and prompt heightened scrutiny of market dynamics. As the cryptocurrency market braces for this significant development, it remains to be seen how it will navigate the potential challenges and opportunities presented by the return of these funds.
Source: blockchain.news
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Blockchain
Binance Faces Lawsuit in Canada for Selling Crypto Derivative Products Without Registration
Binance is currently embroiled in a legal dispute in Canada over allegations of selling cryptocurrency derivative products without proper registration. This lawsuit underscores the regulatory challenges facing the cryptocurrency exchange in various jurisdictions.
The lawsuit accuses Binance of offering crypto derivative products to Canadian investors without obtaining the necessary registration from Canadian securities regulators. This legal action highlights the importance of compliance with regulatory requirements in the cryptocurrency industry, particularly concerning the sale of derivative products.
Binance’s legal woes in Canada reflect broader concerns about regulatory compliance and investor protection within the cryptocurrency sector. As authorities worldwide increase scrutiny of cryptocurrency exchanges and trading platforms, companies like Binance face mounting legal and regulatory challenges.
The outcome of this lawsuit could have significant implications for Binance and the broader cryptocurrency industry in Canada. Depending on the court’s ruling, it could lead to increased regulatory oversight and stricter enforcement measures for cryptocurrency exchanges operating in the country.
In response to the lawsuit, Binance has stated that it is committed to compliance with all applicable laws and regulations in the jurisdictions where it operates. However, the outcome of this legal dispute will likely shape the regulatory landscape for cryptocurrency exchanges in Canada and influence their future operations and compliance efforts.
Source: blockchain.news
The post Binance Faces Lawsuit in Canada for Selling Crypto Derivative Products Without Registration appeared first on HIPTHER Alerts.
The Cardano Foundation has announced the launch of Pragma, marking a significant milestone in open-source blockchain development. Pragma aims to revolutionize Cardano by enhancing its infrastructure through innovative open-source projects.
Pragma represents a new chapter in the evolution of Cardano, focusing on improving its underlying infrastructure and expanding its capabilities. The initiative underscores the Cardano Foundation’s commitment to fostering innovation and driving progress within the blockchain ecosystem.
By leveraging open-source projects, Pragma seeks to enhance Cardano’s functionality and scalability, paving the way for broader adoption and increased utility. These efforts are expected to unlock new opportunities for developers and users alike, further cementing Cardano’s position as a leading blockchain platform.
Pragma’s launch highlights the ongoing evolution of Cardano and its commitment to pushing the boundaries of blockchain technology. Through collaborative open-source development, Pragma aims to address key challenges and drive continuous improvement within the Cardano ecosystem.
The Cardano Foundation’s announcement of Pragma signals a significant step forward in its mission to build a decentralized and sustainable blockchain infrastructure. With Pragma, Cardano is poised to embark on a new era of innovation and growth, setting the stage for a future of unprecedented possibilities in blockchain development.
Source: cryptonews.com
The post Cardano Foundation Launches PRAGMA: A New Chapter in Open-Source Blockchain Development appeared first on HIPTHER Alerts.
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