Catenaa, Thursday, December 05, 2024 – German fintech firm 21X has become one of the first companies to gain regulatory approval to operate a blockchain-based trading and settlement platform under the European Union’s DLT Pilot Regime. The milestone was confirmed Tuesday following an announcement from Germany’s financial watchdog, BaFin. The license enables 21X to establish […]
Blockchain is the underlying technology behind cryptocurrencies. Unfortunately, as this technology evolves, people are developing new ways to misuse and perform malicious actions. The 51% attack or a majority attack is one of them, which refers to a situation in which a miner or a group of miners gain control of more than 50% of […]
Dubai, Tuesday, March 5, 2024 – The world’s first sustainable blockchain, 5irechain, announced on February 21, 2024, that their $10 million grant program is set for three months, commencing from March 1 to May 31, 2024. It said that it aimed to encourage high-level developers to use the 5ire blockchain to create decentralized applications (dApps). […]
Catenaa, Thursday, January 2, 2025 – Andreessen Horowitz’s blockchain division, A16z Crypto, has joined a legal fight against the U.S. Treasury and IRS, opposing a broker reporting rule that critics argue threatens the future of decentralized finance (DeFi). In a statement on December 30, Michele Korver, head of regulation at A16z Crypto, condemned the rule […]
Zug, Switzerland, Wednesday, March 20, 2024 – Two African startups, one from Kenya and another from Nigeria, have been selected to participate in the sixth edition of the CV Labs accelerator program, according to a press release issued by CV VC on March 13, 2024. The CV Labs accelerator is the ecosystem division of CV […]
Nairobi, Thursday, April 25, 2024 – Web3 socialFi-based African builder NODO platform reached its 200 000 users within the first quarter of 2024, NODO announced on April 18. The announcement said that NODO had become the pioneer blockchain in the education and community engagement sectors for the continent. It said that the surge in the […]
The new economy is upon us. The digital world has forever changed the way we communicate and do business. Social media has driven companies to connect with their target audience to stay ahead of the curve with marketing campaigns and brand identity. Companies need an online presence to remain competitive in today’s market, and services […]
Hong Kong, August 19 2023- On July 27, 2023, Animoca Brands, a prominent company in the blockchain gaming and metaverse space, disclosed an investment of $30 million into HI, a top-tier mobile social entertainment platform. Industry observers say that the investment will help HI accelerate the development of its blockchain gaming and metaverse products and […]
Ethereum… the brainchild of Vitalik Buterin, has and continues to change the digital landscape by providing an all-in-one platform for the creation of decentralized finance (DeFi) applications, decentralized exchanges (DEXs), and the issuance of non-fungible tokens (NFTs). At the heart of Ethereum is the Ethereum Virtual Machine (EVM), a virtual machine that runs smart contracts […]
New York, Saturday, November 02, 20240-Asia has overtaken North America as the top destination for crypto developers, with the region now representing 32% of the global talent pool, a significant increase from 13% last year, according to data from Electric Capital. In contrast, the United States’ share has dropped to 18.8%, marking a 51% decline […]
SYDNEY, Australia, Tuesday, April 23, 2024 – The Australian Securities and Investments Commission (ASIC) has launched legal proceedings against three blockchain mining companies accused of operating without a license and violating financial regulations. ASIC alleges that NGS Crypto, NGS Digital, and NGS Group promoted blockchain mining packages with fixed-rate returns to Australian investors, potentially leading […]
Catenaa, Sunday, December 08, 2024- The Australian Securities and Investments Commission (ASIC) is inviting feedback on proposed updates to its guidance for digital asset regulation, aiming to clarify how existing financial laws apply to the fast-evolving sector. The updated guidance details how entities offering digital asset-related financial services can secure an Australian Financial Services (AFS) […]
Tortola, British Virgin Islands, Monday, March 4, 2024 – The Avalanche blockchain, a popular platform for decentralized applications (dApps), came back online at approximately 11:30 AM ET on March 4, 2024, following a five-hour outage that began at 6:30 AM ET the same day. The network stoppage disrupted transactions and applications built on Avalanche. The […]
New York, Saturday, November 09, 2024- The Avalanche Foundation has repurchased $52 million worth of AVAX tokens initially sold to the Luna Foundation Guard (LFG) in 2022. The bankruptcy court granted Avalanche permission to reclaim 1.97 million AVAX tokens, marking the close of a chapter in Avalanche’s relationship with Terraform Labs, the blockchain project responsible […]
BASEL, Switzerland, Thursday, July 4, 2024- The Basel Committee on Banking Supervision (BCBS) announced a series of measures on Wednesday aimed at strengthening oversight of banks’ cryptoasset holdings, managing interest rate risk, and mitigating risks associated with third-party service providers. The framework takes effect in January 2026. The committee finalized a disclosure framework requiring banks […]
Minsk, Belarus, Wednesday, February 14, 2024 – The central bank of Belarus, the National Bank of Belarus (NBB), confirmed plans to launch a blockchain-powered central bank digital currency (CBDC), the “digital Belarusian ruble (DBR),” by 2026. The move comes amidst ongoing economic constraints following Western sanctions imposed due to the Ukraine war. However, analysts caution […]
In a move to bolster the European Union’s (EU) blockchain infrastructure and foster innovation in the digital realm, Belgium has taken the initiative to revitalize the European Blockchain Services Infrastructure (EBSI) project. This initiative aligns with the country’s presidency of the Council of the European Union, which commences in early 2024. The EBSI project, launched […]
Tech entrepreneur and Shark Tank billionaire Mark Cuban recently expressed interest in the potential of blockchain technology to transform real estate development. “So, you are saying you will have written a smart contract on a ZK L2 which will check for a construction permit being issued, which in turn will create and send me an […]
New York, NY, Monday, January 22–Leading cryptocurrency exchange Binance announced today its support for Ondo Finance (ONDO), a newly launched project aiming to bridge the gap between traditional finance (TradFi) and the crypto ecosystem by tokenizing real-world assets (RWAs) like short-term bonds and US Treasuries. The project, led by former Goldman Sachs executives Justin Schmidt […]
Catenaa, Thursday, January 2, 2025 – Binance, the world’s largest cryptocurrency exchange, reported preventing more than $129 million from being lost to scams in 2024 through its advanced use of artificial intelligence (AI) and machine learning (ML) technologies. In its year-end Anti-Scam Refund Initiative report, Binance revealed a robust security framework that combined cutting-edge surveillance […]
New York, Monday, November, 2024-In a warning to investors, cryptocurrency expert Alan Santana has highlighted signs that Bitcoin (BTC) may be heading for a significant downturn after failing to surpass its previous all-time high. The leading cryptocurrency is currently consolidating below the $70,000 resistance level, raising concerns about its future performance. Santana claims that Bitcoin […]
Catenaa, Wednesday, January 08, 2025 – Nasdaq-listed Bitcoin mining company BitFuFu has inked a two-year agreement with BITMAIN, a leading manufacturer of cryptocurrency mining hardware, to acquire up to 80,000 S-series miners, including flagship models S21 XP and S21 Pro. The deal allows BitFuFu to order the miners in batches over the contract term, offering […]
NEW DELHI, India, October 4, 2023 – Leading cryptocurrency derivatives and copy trading platform Bitget today announced its plans to invest in Indian blockchain startups. The investment will be made through the platform’s Blockchain4Youth (B4Y) initiative, a $10 million Web3-focused project that aims to support and empower young people in the blockchain industry. Bitget’s investment […]
Singapore, Monday, January 22, 2024 – Web3 trading platform Bitget Wallet, formerly known as BitKeep, has launched a new inscription ecosystem called GetScribe, aiming to simplify access to omnichain inscriptions for users and developers. With this launch, Bitget Wallet strengthens its focus on Web3 technology and accessibility. GetScribe provides a range of key features to […]
New York, Thursday, November, 2024-BlackRock’s spot bitcoin ETF, IBIT, saw an unprecedented $1 billion in trading volume within 20 minutes of market open on Wednesday, following Donald Trump’s presidential victory. The trading frenzy was driven by investor enthusiasm for Trump’s pro-crypto stance, which boosted bitcoin’s price to a record high of $75,000. Eric Balchunas, Bloomberg’s […]
Catenaa, Saturday, January 4, 2025 – BlackRock’s BUIDL token has been approved as a backing asset for Frax Finance’s new stablecoin, frxUSD. The decision follows a governance proposal submitted by Securitize, the broker-dealer managing BlackRock’s tokenized money market fund, which was endorsed by Frax’s decentralized autonomous organization (DAO). The frxUSD stablecoin, backed by assets held […]
Catenaa, Friday, January 10, 2025 – BlackRock, the world’s largest asset manager, has withdrawn from the Net Zero Asset Managers (NZAM) initiative, citing political scrutiny and legal challenges. The move follows similar exits by major US banks from the Net-Zero Banking Alliance after Donald Trump’s election as president. This also come in the back drop […]
New York, Wednesday, October 23, 2024-BlackRock is in talks with cryptocurrency exchanges Binance, OKX, and Deribit to adopt its BUIDL token as collateral for derivatives trades, according to a Bloomberg report. Citing anonymous sources, the report suggests that BlackRock is working to expand the use of its money-market digital coin in the crypto space. BUIDL, […]
New York, Tuesday, October 01, 2024-BlackRock’s spot Ethereum ETF has reached a significant milestone, surpassing $1 billion in total asset value just two months after its launch. This achievement follows a favorable week of trading, with U.S.-based spot Ethereum exchange-traded funds (ETFs) logging their highest weekly inflows since early August. Friday (27) saw $58.7 million […]
What exactly is a Blockchain Bridge? Blockchain, by nature, is closed off and exists as an isolated ecosystem. This is a major bane for the development of the blockchain industry as a whole, as it prevents the pooling of resources and achieving synergy. Imagine a blockchain bridge as a virtual connection that allows different blockchain […]
The Importance of Blockchain in Financial Services In an era where the financial industry handles trillions of dollars daily, the need for transparency, security, and cost-efficiency is paramount. Blockchain addresses this challenge by streamlining banking and lending services, reducing counterparty risk, and minimizing issuance and settlement times. Blockchain, a secure and transparent method of recording […]
Decentralized, distributed, and immutable… are probably not the first three words that pop into your head when you think about video games, but they are the core fundamentals of Blockchain. Blockchain is a decentralized, distributed, and immutable digital ledger system. It is the underlying technology behind cryptocurrencies and NFTs (Non-fungible tokens). So, what does a […]
Wednesday, May 29, 2024 – $988 million in investments in the blockchain gaming sector in April remarkably hit a new record since January 2021, the DappRadar games report said in April 2024. According to the report, with the beginning of the second quarter of 2024, the gaming sector in blockchain platforms has surpassed the entire […]
WASHINGTON, DC Wednesday, December 6, 2023: JPMorgan Chase CEO Jamie Dimon reignited his long-standing feud with cryptocurrency, stating he would “close it down” if he held the reins of government. Dimon, who is noted for his vocal criticism of Bitcoin and other digital currencies, doubled down on his skepticism, questioning the legitimacy of the entire […]
What is a Blockchain Oracle? Those who enjoy Greek mythology should be familiar with “Oracle.” Just like the oracles mentioned in ancient texts acted as a bridge between divine wisdom and the real world, blockchain oracles bridge real-world data to blockchain networks. In other words, oracles are lines of code that allow on-chain and off-chain […]
Blockchain has proven to be a revolutionary technology that has the potential to change the way we live and do business. It’s a decentralized, immutable, distributed, public ledger of transactions containing digital records which are grouped together in blocks and then linked together to form a chain. This makes it possible for multiple parties to […]
November 27, 2023- Blockchain.com, a leading cryptocurrency exchange and wallet service provider, announced on November 14 that it had raised $110 million in a new funding round led by UK-based Kingsway Capital. The round also included participation from existing investors Baillie Gifford, Lakestar, Lightspeed Venture Partners, and Coinbase Ventures. The new funding comes as the […]
Singapore, November 15, 2023 – BlockSec, a leading Web3 cybersecurity firm, today announced the launch of Phalcon, the world’s first Web3 crypto hack blocker. This groundbreaking software will help protocol teams prevent hacks and protect their users from financial losses. Phalcon’s technology uses a variety of techniques for real-time detection and prevention of attacks. These […]
MOSCOW, Tuesday, March , 2024 – The BRICS group of nations (Brazil, Russia, India, China, and South Africa) is exploring the creation of an independent payment system utilizing blockchain technology and digital currencies, according to a Kremlin press release issued on March 5, 2024. The initiative aims to develop a secure, efficient, and user-friendly system […]
Dubai, Tuesday, June 11, 2024 – The June 6 announcement by Bybit, a major cryptocurrency exchange, has sparked widespread speculation that China might be softening its stance on cryptocurrencies. This has created a buzz in the crypto markets, further fueled by renowned author Robert Kiyosaki’s prediction that Bitcoin could reach $350,000 by August 2024. Kiyosaki, […]
ZURICH Tuesday, June 18, 2024 – The Cardano blockchain network, known for its focus on peer-reviewed development, is nearing a critical milestone with the upcoming June hard fork, according to a post on Platform X by Charles Hoskinson, co-founder of Input Output Global (IOG), the company behind Cardano. This upgrade, dubbed the “Chang fork,” will […]
Catenaa, Monday, January 19, 2025 – Blockchain analytics firm Chainalysis has acquired Israeli fraud detection startup Alterya for $150 million, aiming to strengthen its capabilities in combatting blockchain-related scams. The acquisition will allow Chainalysis to leverage Alterya’s AI-driven fraud models, which focus on halting fraudulent transactions in real-time. While Chainalysis tracks crypto transactions to trace […]
Dover, DE, Tuesday, April 09, 2024- ChainGPT, a company offering AI-powered Web3 infrastructure, has launched a $1 million grant program to bolster innovation at the intersection of artificial intelligence (AI) and Web3 technologies. Web3 refers to a decentralized version of the internet built on blockchain technology, while AI encompasses intelligent machines that can learn and […]
New York, Wednesday, July 10, 2024 – ChainGPT, a provider of AI-powered infrastructure for crypto, blockchain, and web3, has announced significant updates to its AI NFT Generator platform. These enhancements aim to improve user experience by offering increased flexibility, functionality, and security measures. In response to user feedback, ChainGPT now supports crypto payments through the […]
Brussels, August 31, 2023: Global interbank messaging service provider Swift announced that its experimental operation using blockchain technology based on the Cross-Chain Interoperability Protocol CCIP of Chainlink was a success. The Swift CCIP Chainlink experiment started in June 2023. It was announced in a press release on June 13, 2023, and the results were announced […]
Wednesday, May 29, 2024 – Chainstack, the blockchain infrastructure provider, secured an investment of $6 million from SBI Ven Capital, Sygnum, Azimut Group, Unicorn Factory Ventures, and Ventech Ventures, a media announcement dated May 16, 2024 said. The co-product offerings, client usability, and automation will be regarded as aspired sections to enhance with the investment, […]
Catenaa, Monday, January 13, 2025 – China has unveiled ambitious plans to integrate blockchain technology into its national data infrastructure, aiming to complete the project by 2029. The National Development and Reform Commission, alongside two other government bodies, released a policy document emphasizing blockchain’s role in enhancing the traceability and trustworthiness of data. Despite its […]
Beijing, Monday, March 4, 2024 – Chinese authorities are intensifying their efforts to combat a surge in cybercrimes facilitated by blockchain technology and metaverse projects, according to the Supreme People’s Procuratorate (SPP), the country’s highest prosecutorial body. The Supreme People’s Procuratorate (SPP) reported a significant rise in cybercrimes committed using these emerging technologies. Deputy Prosecutor-General […]
Boston, Wednesday, April 24, 2024 – Circle announced its USD Coin expansion of ETH-based zkSync on April 9, a post on X said. Apart from zkSync, 16 native blockchain networks, including Solana, Base, and Ethereum, will be supported. “Many leading ecosystem apps and DeFi protocols are expected to support native $USDC on zkSync for payments, […]
DAVOS, Switzerland, Monday, February 19, 2024 – Global financial technology firm Circle released its second annual State of the USDC Economy Report on January 15, 2024, titled “Welcome to the Era of Open Money.” The report paints a picture of significant growth and adoption for USDC, a regulated stablecoin pegged to the US dollar. Circle […]
New York, Thursday, February 29, 2024 – Global leader in wealth management, Citi announced on February 14, 2024, the completion of the proof-of-concept on tokenization of private funds in collaboration with Wellington Management and WisdomTree. The proof-of-concept was carried out by the Avalanche Spruce. It was identified that smart contract capabilities could facilitate buy and […]
New York, Tuesday, September 17, 2024-CleanSpark, a U.S.-based Bitcoin mining company, has announced the acquisition of seven mining facilities in the Knoxville, Tennessee area. The purchase is expected to increase CleanSpark’s total hashrate by 22%, significantly expanding its operations. The facilities, bought from Exponential Digital for $27.5 million, will contribute 85 megawatts (MW) of energy […]
Catenaa, Wednesday, November, 2024-Brian Armstrong, CEO of Coinbase, is scheduled to meet with President-elect Donald Trump on Monday, November 25, to discuss potential appointments for key government positions, according to a report by The Wall Street Journal. The discussions come as Trump considers nominations for Treasury Secretary and Securities and Exchange Commission (SEC) chair, roles […]
New York, Sunday, November 10, 2024-Coinbase’s stock surged more than 30% on November 6, following Donald Trump’s election victory, closing at year-to-date highs. The massive rally was mirrored by the GraniteShares 2x Long COIN Daily ETF, which rocketed 62%—potentially a record one-day return for an ETF, according to Bloomberg analyst Eric Balchunas. Leveraged ETFs, designed […]
SAN FRANCISCO, Friday, June 28, 2024- Cryptocurrency exchange Coinbase is suing the U.S. Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC) after both agencies denied requests for public records, the company announced Thursday. “Coinbase, Inc., the largest digital-asset trading platform in the United States, retainedHistory Associates Incorporated to submit Freedom of […]
SAN FRANCISCO, Tuesday, May 14, 2024– Leading U.S. cryptocurrency exchange Coinbase is experiencing a widespread service outage, impacting users on both desktop and mobile platforms, Coinbase Support according to a post by Coinbase on Platform X. The outage began at 4:15 UTC (12:15 EDT) on May 14, according to a message posted on Coinbase’s status […]
New York, Saturday, October 5, 2024- Coinbase Global Inc. has announced plans to delist stablecoins that fail to comply with the European Union’s upcoming regulations by the end of this year. The move targets popular i tokens such as Tether’s USDT, following the EU’s finalization of its Markets in Crypto-Assets (MiCA) framework. MiCA regulations, which […]
New York, Wednesday, October 30, 2024-Visa yesterday announced a partnership with Coinbase to integrate Visa Direct, enabling real-time account funding for Coinbase customers using eligible Visa debit cards. This feature allows users to instantly deposit funds, enhancing flexibility for trading opportunities in the fast-paced crypto market. The integration will enable Coinbase users across the US […]
New York, Thursday, October 31, 2024- Consensys CEO Joseph Lubin criticized the SEC’s aggressive regulatory actions, holding the agency partly responsible for Consensys’s recent 20% workforce reduction. In an October 29 blog post, Lubin stated that the SEC’s “abuse of power” has hindered innovation in the crypto space, causing significant job losses and stifling productive […]
What is the Cosmos Hub and How Does it Work? The Cosmos Hub aims to become the internet for blockchain, which is expected to lead to the widespread use of blockchain technology. It is an open-source project to connect various blockchains to create a faster, interoperable, scalable, and low-fee hub. The Cosmos Network ecosystem is […]
Washington, Friday, June 28, 2024-President Joe Biden and presidential candidate Donald Trump did not discuss cryptocurrency during their 90-minute debate on Thursday, despite significant contributions from crypto lobbyists.((cointelegraph.com: Many crypto enthusiasts and investors expected crypto would be one of the highlight points in the Trump-Biden debate. The June 27 debate, hosted by CNN, covered topics […]
Catenaa, Friday, January 10, 2024 – France is grappling with an alarming surge in cryptocurrency scams, with losses in 2024 estimated at half a billion euros, as criminals use increasingly sophisticated tactics. The country saw a sharp increase in scams, with 3.2% of French people falling victim, compared to just 1.2% in 2021. Fictitious loans […]
Thursday, March 14, 2024: According to DefiLlama data, several cryptocurrency startups invested $486 million in February. It was an increase of 5.3% from the previous month and was the highest investment in the last quarter. “The venture capital company, A16z, had invested the month’s highest investment in a crypto startup, investing $100 million into EigenLayer […]
Catenaa, Wednesday, November 20, 2024 – Crypto.com has acquired Australian brokerage Fintek Securities, securing an Australian Financial Services License to broaden its offerings in the local market. The license enables Crypto.com to provide deposit products, derivatives, securities, and managed investment schemes to Australian users. Fintek specializes in trading foreign exchange, commodities, and indices through Contracts […]
BRUSSELS, Belgium, November 14, 2023 –The European Parliament voted to approve the Data Act on November 9, a controversial piece of legislation that includes a provision allowing regulators to terminate Smart Contracts. Stored on a blockchain, smart contracts are contracts that execute automatically upon predefined conditions. They can be used to automate a wide range […]
In an era defined by digital connectivity, the metaverse stands as a testament to the power of shared passions. But what if I tell you that this concept can be elevated further? Enter the decentralized metaverse. Imagine an expansive universe where creativity knows no bounds and where ownership and control belong to the community, not […]
Imagine a market where you usually go to buy groceries. Multiple vendors will sell different types of goods, and they may have their own union or a local government body to regulate and oversee operations. Each vendor has their own prices, supplies, reputation, and quantity. What if there was a marketplace for digital assets where […]
Blockchain oracles are a vital part of blockchain infrastructure that has and continues to connect Web3 with the physical world. Blockchains are closed off by nature and can only access native on-chain data, severely limiting their scope of use and functionality. To overcome this challenge, decentralized oracle networks (DONs) provide a decentralized and trustless mechanism […]
Cryptocurrencies are digital or virtual currencies that rely on cryptographic systems for their operation. They offer a means of conducting secure online transactions without the need for intermediaries such as banks or payment processors. Every single transaction made in the realm of crypto is meticulously recorded on distributed, tamper-proof ledgers called blockchains. Imagine a giant, […]
San Francisco, California, September 19, 2023: The decentralized finance (DeFi) protocol Balancer faced another security breach, with approximately $238,000 worth of crypto stolen on September 19, 2023. Balancer announced the attack on X, advising users not to interact with the protocol. The specific details of the attack are still under investigation, but it is believed […]
New York, Sunday, November 10, 2024- Detroit will soon allow residents to pay taxes and city fees using cryptocurrency, making it the largest US city to adopt this payment option, it is learnt. The new service, anticipated in mid-2025, will be powered by PayPal’s secure platform, aiming to enhance payment accessibility, especially for residents who […]
FRANKFURT, Germany, Thursday, January 18, 2024 – Deutsche Börse, the German stock exchange operator, said on January 10 that it had finalized its acquisition of FundsDLT, a Luxembourg-based blockchain platform for end-to-end fund issuance and distribution, the Deutsche Börse Group said in a media communiqué. The deal, finalized after regulatory approval, marks Deutsche Börse’s strategic […]
Introduction You may have heard about cryptocurrencies such as Bitcoin and Ethereum, but have you ever wondered where your cryptocurrency is stored? We have bank accounts to store credit or debit transactions of fiat money. Like that, do we have anything for cryptocurrency? Yes, they are called crypto wallets. Some may say we have stored […]
Catenaa, Monday, December 02, 2024-The Dogecoin Foundation has called for funding to accelerate its 2025 plans, aiming to establish Dogebox, a decentralized payment platform designed to onboard small and medium-sized businesses into Dogecoin’s ecosystem. Announced on X (formerly Twitter), Dogebox seeks to empower grassroots retailers by enabling Dogecoin-based payments, integrating with existing systems, and rewarding […]
Catenaa, Monday, November 11, 2024-The US Department of Justice (DOJ) announced Friday the sentencing of Roman Sterlingov, the operator of Bitcoin Fog, the darknet’s longest-running Bitcoin mixing service. Sterlingov, a dual Russian-Swedish national, received a prison term of 12 years and six months for laundering criminal proceeds through the BTC mixing service from 2011 to […]
New York, Thursday, November 07, 2024- The Dow Jones Industrial Average skyrocketed 1,500 points, marking its best performance since 2022 in a dramatic post-election rally on Wednesday as investors reacted positively to former President Donald Trump’s victory. This rally also propelled the S&P 500 and Nasdaq Composite to new all-time highs, reflecting market optimism about […]
DUBAI, UAE, Wednesday, January 17- Dubai, the up-and-coming tech hub of the Middle East, prepares to host the Global Blockchain Show (GBS) Dubai on April 16–17, 2024, a media report said. It said that the event promises to convene a diverse gathering of Web3 specialists, industry leaders, and curious minds eager to explore the transformative […]
DUBAI, United Arab Emirates, Tuesday, March 26, 2024- The 29th edition of the World Blockchain Summit is set to convene in Dubai on April 22–23, 2024, aiming to solidify the region’s position as a global hub for blockchain innovation, an Accesswire press release said on March 17. Organized by Trescon and co-hosted by Sun Minimeal, […]
Paris, Friday, June 28, 2024 – Exaion, a subsidiary of French energy giant EDF, has joined the Cronos blockchain network as a validator node. This move signifies EDF’s growing interest in blockchain technology and its potential applications within the energy sector. Cronos, developed by cryptocurrency exchange Crypto.com, operates using a proof-of-authority consensus mechanism. Validators on […]
New York, Monday, August 12, 2024-El Salvador has proposed using cryptocurrency for trade with the BRICS alliance, aiming to reduce its reliance on the U.S. dollar, which is the Central American country’s official currency. The proposal follows Russia’s recent legislation allowing the use of cryptocurrencies for international trade, a move designed to bypass Western sanctions.Meanwhile, […]
San Salvador, Tuesday, October 08, 2024-El Salvador’s bonds have surged, defying criticism aimed at President Nayib Bukele’s controversial handling of the nation’s finances, particularly regarding Bitcoin. Recent Bloomberg data highlights a notable rally following the government’s proposal to buy back dollar-denominated bonds, signaling a strategic debt restructuring move. On October 4, 2024, Bukele announced the […]
Staking enables cryptocurrency holders to generate passive income from their digital assets while retaining ownership without the need to sell them. When you start crypto staking, you lock up your digital assets to lend a hand in the operation & security of the blockchain network. You will receive income in the form of percentage-based yields […]
Catenaa, Friday, January 10, 2024 – Ethereum co-founder Vitalik Buterin has donated ETH 50 to Tornado Cash developers, reports on January 1 said. The fund, which is worth approximately $170,000, would be utilized to tackle the Tornado Cash developers’ legal issues. Buterin has involved in similar legal defense scenarios, contributing ETH to the convicted founders […]
Ethereum is one of the most popular cryptocurrencies. It has been around for a while but has seen massive growth in 2017. Whether you’re just getting acquainted with it or are a seasoned pro, there’s a lot you probably don’t know about it. To help clear up some common misconceptions, we will go over what […]
NEW YORK, Wednesday, June 19, 2024- The U.S. Securities and Exchange Commission (SEC) said in a letter that it had concluded its investigation into Ethereum, the world’s second-largest Cryptocurrency yesterday. The move removes the cloud of uncertainty surrounding Ethereum’s regulatory status as a security. The news, announced by blockchain software company ConsenSys on Tuesday, was […]
Consider a mobile operating system seamlessly integrated with the Ethereum blockchain. This mobile OS grants access to the decentralized web, facilitates cryptocurrency transactions (both sending and receiving), enables the creation and trading of NFTs, and ensures confidential and secure user communication. The Ethereum Mobile OS is an open-source project designed to harness Ethereum’s potential for […]
BRUSSELS, Monday, April 20, 2024 – In a move welcomed by cryptocurrency enthusiasts, the European Parliament’s economic and civil liberties committees have scrapped a proposed €1,000 (approximately $1,080 USD) limit on crypto transactions from self-hosted wallets. The proposal was part of a broader Anti-Money Laundering (AML) regulation package being debated by the European Union (EU). […]
We live in a digital era where the internet has become an essential part of our lives, connecting us with people worldwide. However, while seven out of ten people on the planet have internet access, millions remain unconnected. So how can we connect the rest? This a question that almost every network provider has been […]
Introduction to Midnight Cardano Project Web 2.0 introduced a new era of communication, which enabled global communities to better interact and share information with each other. However, consequently, the risk of data loss, manipulation, and misuse has increased drastically due to weak regulatory systems. With the introduction of Web 3.0, many users expected direct solutions […]
In the era of Web 3.0, we are exploring the use of Blockchain technology and have witnessed the advancements of Smartphones; what if both worlds merge? Similar to an Android or iPhone, web 3.0 phones can be loaded with native dApps, be used as a wallet, create Non-Fungible Tokens, and many more endless Web 3.0 […]
London, UK, Tuesday, April 23, 2024 – Ernst & Young, the global professional services firm, unveiled on April 17 a new blockchain-powered solution called EY OpsChain Contract Manager (OCM) designed to streamline and secure complex business agreements. In a media release, EY said that the OCM helps businesses execute multi-party contracts while maintaining confidentiality, improving […]
NEW YORK, Tuesday, May 28, 2024 – A new report by cryptocurrency data aggregator CoinGecko sheds light on the transaction processing speeds of the largest blockchain networks. The study, released in May 2024, reveals a surprising trend: established giants Bitcoin and Ethereum fall outside the top 15 fastest blockchains. CoinGecko’s analysis examined the actual and […]
Catenaa, Tuesday, December 17, 2024-The Financial Conduct Authority (FCA) on Monday released a discussion paper aimed at tightening regulations within the United Kingdom’s crypto-asset market. The move seeks to tackle abuse, enhance transparency, and provide clearer rules for businesses and consumers. The FCA is urging authorized trading platforms to adopt stronger internal measures to detect […]
London, November 05, 2024 – In a pioneering move, a British pension fund, advised by pension consultancy Cartwright, has invested 3% of its £50 million ($65 million) assets directly into bitcoin. This marks the first time a UK pension fund has allocated a portion of its assets directly into cryptocurrency rather than through proxies like […]
Catenaa, Monday, December 02, 2024-Flare, an Ethereum Virtual Machine (EVM)-compatible blockchain, is positioning itself as a hub for decentralized finance (DeFi), reports say. The network provides developers access to decentralized, high-integrity data via tools like the Flare Time-Series Oracle and Flare Data Connector, challenging traditional centralized oracles. With a total value locked (TVL) of $20.75 […]
NEW YORK, November 28, 2023 — In a move that marks a significant shift in list-making, Forbes is placing its prestigious Under 30 list on the Ethereum blockchain, a secure and immutable platform that will enhance transparency and accessibility while safeguarding against manipulation. This decision by Forbes is seen as an acknowledgement and increasing recognition […]
Catenaa, Thursday, December 26, 2024 – Forte has introduced the Forte Rules Engine, an open-source solution designed to help Web3 developers create safe, compliant, and stable environments for digital assets. The tool enables developers to define and enforce rules, manage compliance obligations, and mitigate risks such as volatility and market manipulation. It aims to support […]
NEW YORK, Thursday, January 18, 2024- Facing a rise of misinformation and deepfakes, FOX Corporation has teamed up with blockchain platform Polygon to launch “Verify,” a new tool designed to verify the origins and history of digital content, Polygon said in a press release on January 9. Verify says it leverages Polygon’s Proof-of-Stake (PoS) blockchain […]
NFTs are unique digital assets that confirm ownership and authenticity of data. Unlike interchangeable cryptocurrencies like Bitcoin and Ethereum, where any two coins are identical to each other, NFTs are not exchangeable. NFTs have gained popularity in various sectors, from Art to Virtual Real Estate. NFTs are created using blockchain systems like Ethereum and Binance […]
New York, Friday, August 09, 2024- A US district court has ordered cryptocurrency exchange FTX and its sister company Alameda Research to pay $12.7 billion to fraud victims, marking the largest recovery in the history of the Commodity Futures Trading Commission (CFTC). The ruling was issued by the U.S. District Court for the Southern District […]
Sometimes all you need is a good game to get away from mundane life, and is there anything better than a free-to-play game? Well, of course, a free-to-play blockchain game fits the bill perfectly. In this article, we will be exploring what blockchain games are and some popular free-to-play titles that anybody can enjoy! What […]
Singapore, Wednesday, October 30, 2024-The Gemini crypto exchange, led by the Winklevoss twins, has secured preliminary approval from Singapore’s Monetary Authority (MAS) to offer digital payment token (DPT) and cross-border money transfer services. This regulatory nod advances Gemini’s ability to provide locally compliant services in Singapore, a market with Gemini’s second-largest customer base after the […]
New York, Tuesday, October 01, 2024– Crypto exchange Gemini has announced its exit from Canada, instructing all Canadian users to withdraw their assets before December 31, 2024. In a private communication sent on Monday, the exchange, run by the Winklevoss twins, informed its customers that they have 90 days, starting from September 30, to remove […]
Frankfurt, Monday, February 12, 2024 – Germany’s financial regulator, BaFin has granted regulatory approval to Neutral and DLT Finance for their blockchain-backed carbon credit exchange. “Neutral, a technology company building market infrastructure for environmental assets, and DLT Finance, a BaFin-licensed trading and brokerage firm, have partnered to launch the first regulated trading platform for tokenized […]
NEW YORK, NY Monday, April 1, 2024 – Goldman Sachs is reporting a resurgence of interest in cryptocurrency options trading among its hedge fund clients, according to a recent interview with Max Minton, the bank’s Asia Pacific head of digital assets. Minton attributes this renewed interest to the recent approval of cryptocurrency exchange-traded funds (ETFs) […]
Catenaa, Saturday, November 23, 2024- Goldman Sachs Group Inc. is set to spin out its digital-assets platform into an independent entity within the next 12 to 18 months, further solidifying its commitment to blockchain technology. The new company will focus on enabling major financial institutions to create, trade, and settle financial instruments using blockchain. Goldman […]
Catenaa, Friday, December 20, 2024 – HashKey Group, a Hong Kong-based blockchain firm, officially launched the mainnet of its Ethereum layer-2 solution, HashKey Chain, following a successful testnet phase. During the month-long testnet, HashKey Chain recorded over 24.72 million transactions, registered more than 860,000 wallet addresses, and deployed 50 projects, according to the company. The […]
London, Wednesday, October 09, 2024- A new HBO documentary yesterday claimed that it had identified Peter Todd, a Canadian developer, as the elusive Satoshi Nakamoto, the pseudonymous founder of Bitcoin. However, Todd had denied the claim. The claim, made by award-winning filmmaker Cullen Hoback, has reignited debate in the crypto world, although Todd has strongly […]
Wireless networks have become an essential part of our daily lives. With the daily increasing demand and usage of IoT devices, there is a requirement for a reliable and secure wireless network that can support these devices. That is where Helium comes into play. In this article, we will explore the Helium Future Wireless Network, […]
New York, Thursday, March 21, 2024 – Hivemind Capital Partners announced on March 13, 2024, the launch of the Digital Culture Fund, a collection of well-shaped generative art and digital culture that would highlight digital art trends. Institutional investors would be given this novel experience to unite with the surging market. It is reported that […]
Hong Kong October 24, 2023: Hong Kong-based crypto venture capital firm CMCC Global said on October 4 said it had raised $100 million to support Asian blockchain startups. The fund, called Titan Fund, has already made five investments, with two going toward Hong Kong-based projects. Titan Fund’s inaugural funding round garnered substantial interest from 30 […]
Hong Kong, Tuesday, September 24, 2024-The Hong Kong Monetary Authority (HKMA) launched the second phase of its e-HKD pilot on Monday (September 23), focusing on tokenization, offline payments, and programmability. Dubbed “Project e-HKD+,” this phase brings together 11 groups, including major financial players like Bank of China, Hang Seng Bank, HSBC, Visa, and Mastercard. The […]
Avalanche platform Avalanche is a heterogeneous blockchain network that rivals Ethereum. It’s well known because of its scalable solutions, interoperability, and transaction speeds. It can process about 4,500 transactions per second. whereas Ethereum can only process about 30 transactions per second. It uses a novel approach utilizing three separate blockchains under its primary chain to […]
Canberra, Thursday, July 25, 2024- HSBC Australia has abruptly blocked all customer transactions to cryptocurrency exchanges, citing a surge in scam activity. The move, which took effect on July 24, 2024, restricts both bank transfers and credit card payments to crypto platforms. The bank claims the decision is to protect customers from financial losses. The […]
London, November 21, 2023- HSBC has announced that it will be launching storage services for tokenized securities. The service will be offered to institutional clients and will be available in 2024. The service will be provided in partnership with Metaco, a Swiss digital asset custody firm. HSBC is the latest major bank to enter the […]
London, November 28, 2023- In a landmark move, the International Monetary Fund (IMF), the World Bank, and the Bank for International Settlements (BIS) have announced a collaboration to explore the potential of tokenization in streamlining and enhancing their operations. This marks the first time these three cornerstone institutions have joined forces to venture into the […]
Catenaa, Sunday, January 18, 2025 – Indian Railways has announced plans to issue non-fungible token (NFT) travel tickets for the upcoming Mahakumbh Mela, a major religious and cultural gathering in India. The initiative is part of a collaboration between the Indian Railway Catering and Tourism Corporation (IRCTC) and Chaincode Consulting. The NFT tickets will be […]
Catenaa, Saturday, November 16, 2024- Infinex, the decentralized exchange founded by Kain Warwick, has partnered with Near Foundation to incorporate Near Chain Signatures into its platform. This integration will allow users to sign transactions across multiple blockchains using a single Near account, enhancing ease and interoperability for decentralized finance (DeFi) users. The partnership enables Infinex […]
New York, September 8: ConsenSys, which owns Infura, said on its website that Infura would release a decentralized version of its service by the end of 2023. This decentralization would be operated by multiple entities, making it resilient to outages. Infura is a blockchain infrastructure-as-a-service (IaaS) platform that provides developers with access to Ethereum and […]
PoH is a newly developed consensus mechanism engineered by Anatoly Yakovenko, the founder of Solana Labs. Solana’s PoH is all about making sure that in a blockchain, the order of events matters as much as the events themselves. To do this, it uses a tool called Verifiable Delay Function (VDF) to record when each event […]
Until a few years ago, Artificial Intelligence or AI felt like something only in the movies or something that won’t come around anytime soon. But unbeknownst to the general public, there has been major research and development in the field of AI. The research mentioned above has come to fruition and taken the digital world […]
London, Wednesday, April 24, 2024 – Intent-Centric dApps and chains empowering network, DappOS announced on March 28 the completion of the $15.3 million Series A round led by Polychain, a post on X said. The funding round was led with the collaboration of leading blockchain investors such as Flow Traders, NGC Ventures, Bing Ventures, Capital […]
M2 calculates the money supply in the United States. It shows a record of increasing 40% since January 2020. What do you think about this, and do you know why this happened? This happened because when currencies do not have clear regulations around the total supply cap, the ruling government will print the money according […]
Understanding L2 Blockchains and Their Importance Layer 2 blockchains (L2 Blockchains) are a method to improve the scalability and performance of blockchains without sacrificing their security or decentralization. This is done by offloading some of the computational and transactional load from the primary blockchain, Layer 1, to a secondary layer. This makes it possible to […]
TEL AVIV, Israel, Monday, March 18, 2024 – An Israeli cryptocurrency exchange is set to launch the country’s first-ever stablecoin pegged to the Israeli shekel, according to a company statement. The stablecoin, named BILS, will be issued by Bits of Gold, a Tel Aviv-based crypto financial services company. BILS will be backed by an equivalent […]
Tokyo, Tuesday, October 01, 2024-Shigeru Ishiba, Japan’s incoming Prime Minister and leader of the ruling Liberal Democratic Party (LDP), has announced plans to promote blockchain and NFTs as part of a national economic strategy. Ishiba, formerly the Japanese Defense Minister, is set to take office next week after winning the LDP leadership race. According to […]
Monday, February 12, 2024 – JPMorgan Chase is actively exploring the role of blockchain technology in financial transactions through its dedicated platform, Onyx. Launched in 2020, Onyx serves as an authorised blockchain platform specifically designed for the wholesale payments sector. It facilitates secure and efficient cross-border transactions, offering advantages like reduced counterparty risk and faster […]
Catenaa, Thursday, November 28, 2024-Tron founder Justin Sun announced his company has acquired $30 million worth of World Liberty Financial tokens, the cryptocurrency project backed by President-elect Donald Trump. The investment makes Tron the largest stakeholder in the project, Sun revealed on Monday. “We are thrilled to invest $30 million in World Liberty Financial as […]
Washington, Tuesday, September 10, 2024 – Vice President Kamala Harris unveiled her policy positions for her presidential campaign yesterday, but the list notably excludes any mention of cryptocurrencies, reports said. While Harris has committed to supporting “American innovation and workers,” focusing on sectors like artificial intelligence, she has remained silent on the growing cryptocurrency industry […]
SINGAPORE, Oct. 30, 2023: Singapore-based Astar Network and Startale Labs on Tuesday, October 24, that they have partnered with Japanese telecom giant KDDI to explore new business opportunities in blockchain technology and Web3 applications. The partnership will focus on developing innovative customer experiences in KDDI’s “αU” market, which includes Web3 services such as “αU market” […]
The Power of LinkedIn and Microsoft Entra Collaboration When you meet a professional contact for the first time online in the digital age, you need more trust indicators to boost your confidence that they are who they claim to be. Recruiters and professionals have long struggled with the difficulty of workplace verification. Inaccurate or false […]
Lisbon, Portugal – November 10, 2023 – The Human Protocol Foundation will be hosting a two-day event called Newconomics on November 14-15, 2023, in Lisbon, Portugal. The event will bring together top tech leaders to discuss the future of economies through the integration of Web2 and Web3 technologies. Human Protocol is a decentralized work platform […]
LONDON, Monday, May 27, 2024- The London Stock Exchange (LSE) will commence trading for exchange-traded notes (ETNs) based on Bitcoin (BTC) and Ether (ETH) tomorrow Tuesday, May 28, 2024. It is important to note that participation in this market will be limited to professional investors. The London stock Exchange announced in March. The move follows […]
Catenaa, Monday, January 13, 2025 – Bitcoin mining firm Marathon Digital Holdings (MARA) revealed it has deployed 16.4% of its Bitcoin reserves, amounting to 7,377 BTC and worth nearly $730 million, in short-term third-party loans to generate a “modest single-digit yield.” The move aims to provide additional returns for shareholders, the company said in its […]
Catenaa, Friday, December 06, 2024- MatterFi, a decentralized finance infrastructure provider, unveiled its new platform on Tuesday, aiming to secure digital transactions against rising cybersecurity risks. The system targets vulnerabilities such as phishing, hacking, and SIM swaps while simplifying financial operations for users. The platform features a “Send-to-Name” solution, which replaces traditional wallet addresses with […]
Moscow, Tuesday, July 9, 2024 – MegaLabs announced on June 27 that it had raised $20 million in seed fund by Dragonfly, for the development of MegaETH, the initial real-time blockchain. MegaETH is the initial blockchain that accepts the Ethereum Virtual Machine, the most popular decentralized application platform in the world. The rest of the […]
New York, NY Monday, August 15 – The Metropolitan Museum of Art (MET) is expected to launch a new experience in late 2023 in the Metaverse. According to reports, this would be in partnership with Roblox, a popular online gaming platform launched in late 2003. The Museum of Modern Art (MoMA), the Guggenheim Museum in […]
The verification of ownership of any physical or digital asset is essential for the legitimacy of financial and non-financial transactions. Conventionally, the authentication process for these assets has been documented on paper or digitalized into a central database, which is often inefficient and exposes them to fraudulent documentation processes. NFTs have given creators the opportunity […]
New York, Monday, October 28, 2024-Microsoft has urged shareholders to vote against a proposal to assess Bitcoin as a diversification tool at the upcoming annual meeting on December 10, according to a recent SEC filing. Microsoft submitted a Schedule 14A form to the SEC, outlining proposals for its December 10th annual shareholder meeting. One proposal […]
Catenaa, Wednesday, December 11, 2024 – Microsoft shareholders have voted against a proposal to add Bitcoin to the company’s balance sheet, citing concerns over the cryptocurrency’s volatility and aligning with the board’s recommendation during its annual meeting on Tuesday. The proposal, brought forward by the National Center for Public Policy Research (NCPPR), argued that diversifying […]
New York, Thursday, October 31, 2024-Enterprise software firm MicroStrategy, the biggest Bitcoin holder again yesterday announced that it had enlisted banks to assist in raising $42 billion through new stock and fixed-income sales to expand its cryptocurrency reserves. The “21/21 Plan” could see the company generating $21 billion from stock sales and an additional $21 […]
New York, Tuesday, October 15, 2024-Michael Saylor, executive chairman of MicroStrategy, has outlined the company’s vision to become the leading bitcoin bank, projecting a future trillion-dollar valuation. The strategy hinges on accumulating bitcoin and leveraging capital markets. Currently, MicroStrategy holds 252,220 BTC, worth over $15 billion, with a cost of around $9.9 billion. Rather than […]
New York, Monday August 5, 2024-MicroStrategy plans to sell up to $2 billion in class A shares to invest further in Bitcoin and for other corporate purposes, according to a regulatory filing with the U.S. Securities and Exchange Commission on Wednesday, August 1, 2024. The Virginia-based company, led by Bitcoin advocate Michael Saylor, has not […]
NEW YORK, Wednesday, September 18, 2024- MicroStrategy has announced plans to raise $700 million through the issuance of convertible senior notes due in 2028. The company says it intends to use the proceeds from this offering to further expand its Bitcoin holdings. The announcement said that the private placement would be made available to qualified […]
Sydney, Australia, Tuesday, October 15, 2024- Monochrome Asset Management launched Australia’s first exchange-traded fund (ETF) directly holding Ether (ETH) earlier today. The Monochrome Ethereum ETF (IETH) began trading on the Sydney-based Cboe Australia with initial net assets reaching $176,600 (AUD 262,500) by 2 PM local time. The IETH ETF offers dual-access options, allowing for both […]
Catenaa, Wednesday, January 01, 2025-Montenegro has officially extradited Terraform Labs founder Do Kwon to the United States, where he faces criminal charges tied to the catastrophic collapse of the Terra Luna cryptocurrency ecosystem, news reports said. The handover was confirmed Tuesday by Montenegro’s Prime Minister Milojko Spajić, who emphasized the country’s zero-tolerance stance on fraud. […]
Hong Kong, Thursday, April 18, 2024 – Moongate, the blockchain-based technology company, ended their $2.7 million seed round on April 2, 2024, as reported on X. The seeding round was conducted to create the Modular Web3 Engagement Layer for Real-World Activations. The funding round was led by CMCC Global’s Titan Fund in collaboration with several […]
Austin, Texas, Saturday, August 5: Tesla CEO Elon Musk today denied plans to launch a cryptocurrency, dispelling rumors that his company X (formerly Twitter) had already done so. In a Tweet on August 5, Musk, in response to another post, said, “And we never will.” Following a cautionary message from a user known as Doge […]
Catenaa, Sunday, December 08, 2024 – Namada, a cutting-edge shielded asset hub, has launched its mainnet with the publication of its genesis block, a media release said. This milestone introduces shielded cross-chain transactions, offering advanced data protection and selective disclosure across multiple blockchain networks. Namada’s debut initiates the first of five phases in a decentralized […]
NEAR Foundation is an organization focused on supporting the social process as part of a redistributed system. As time passes, the mission of NEAR is to continue expanding as more resources will be made available through ecological and local financial resources. NEAR’s Vision of the Future: The foundation aspires to nurture the ecosystem’s development by […]
Tokyo, Monday, April 15, 2024 – South Korean gaming giant Nexon Korea Corp. expanded its presence in the online gaming industry in the United Arab Emirates (UAE) last year, a report said on Sunday, March 24. Since the Middle East is known as the hub of cryptocurrencies and Web3 games, Nexon is dedicated to delivering […]
Beijing, China, Monday, November 13- On November 10, 2023, the Chinese government unveiled intentions to safeguard non-fungible tokens (NFTs) as virtual assets. The announcement was made by the Cyberspace Administration of China (CAC), which is the country’s top internet regulator. The announcement was made by the Cyberspace Administration of China (CAC), which is the country’s […]
Have you ever wondered what owning an authentic art piece in a virtual world would be like? Questions like “How would you claim ownership?” or “How would you validate your ownership?” would immediately pop into your mind. The concept of ownership and authenticity in the digital world is complex. In the physical world, claiming ownership […]
LAGOS, Nigeria, June, Thursday 27, 2024 – Nigerian authorities have issued a 30-day deadline for cryptocurrency companies operating in the country to re-register under a new regulatory regime. The Securities and Exchange Commission (SEC) announced the directive on Thursday, aiming to bring greater oversight to the growing cryptocurrency industry in Nigeria. Details regarding the specific […]
Los Angeles, California, Wednesday, March 20, 2024 –Nirvana Labs, a blockchain technology startup, has said that it has introduced Nirvana Cloud, a cloud computing service specifically designed for blockchain workloads. This launch positions Nirvana Cloud as a competitor to established cloud giants like Amazon Web Services (AWS) and Google Cloud Platform (GCP), which dominate the […]
New York, Monday, March 18, 2024 –NORQUE, a new player in the blockchain space, is making bold claims about transforming the landscape of blockchain technology, cryptocurrency, the metaverse, and artificial intelligence (AI). NORQUE, a recently launched project, promises to revolutionize the interaction between blockchain technology, cryptocurrency, the metaverse, and artificial intelligence (AI). Details regarding NORQUE’s […]
Hong Kong, Tuesday, January 30- The Annual WikiFinance Expo Hong Kong will be held on May 17, 2024, at Sky100, Hong Kong, WikiFinace’s website announced recently. Registrations are still open. The annual event will cover Fintech, Blockchain, Crypto, Web 3.0, Metaverse, NFT, GameFi, and AI. More than 3,000 participants are expected, while more than 50 speakers […]
Thursday, June 6, 2024 – New York Stock Exchange (NYSE) president Lynn Martin expressed openness to offering cryptocurrency trading but highlighted the lack of clear regulations in the US as a major hurdle. She made these comments during a discussion at Consensus 2024 in Austin, Texas. The gathering of the $58 billion of assets in […]
Japan, Wednesday, February 21, 2024 – Oasys, the gaming-optimized blockchain, announced on February 13, 2024, their affirmation of the partnership with Com2uS, the leading Korean game developer, and its subsidiary company, XPLA, marking a notable step forward in broadening the Web3 in the gaming market in Japan. “Within the first six months of the year, […]
Catenaa, Wednesday, November 20, 2024 – Crypto exchange OKX has introduced instant deposits and withdrawals for Singapore dollar (SGD) transactions, integrating local payment systems PayNow and FAST to facilitate smoother financial interactions. Partnering with DBS Bank, OKX now allows direct SGD transfers for customers with accounts linked to PayNow’s network. The move enhances Singaporeans’ access […]
San Francisco Wednesday, January 17, 2024 – Ondo Foundation, a decentralized investment platform dedicated to bridging traditional finance with decentralized finance (DeFi), has introduced ONDO Points and a token unlock plan. The goal is to encourage community participation and establish a robust governance structure. ONDO Points serve as a gateway to governance, allowing users to […]
Catenaa, Wednesday, November 20, 2024- Options trading for BlackRock’s iShares Bitcoin Trust (IBIT) is set to begin today on Nasdaq, with Bitwise Bitcoin ETF options scheduled to follow on Wednesday. This significant milestone is expected to amplify institutional interest in cryptocurrency markets, as options trading for Bitcoin exchange-traded funds (ETFs) becomes a reality. The US […]
Islamabad, Pakistan, Tuesday, January 9, 2024– Pakistan recently adopted a blockchain-based Know Your Customer (KYC) platform for its financial institutions, a move aimed at enhancing efficiency and security, news reports said. Developed by Avanza Group in collaboration with the Pakistan Banks’ Association (PBA), the platform, known as “Consonance,” offers advantages over traditional KYC methods. Consonance […]
New York, Friday, October 4, 2024- PayPal has completed its first business transaction using its proprietary PYUSD stablecoin, paying an invoice to Ernst & Young. The Silicon Valley-based digital payments firm used the transaction to demonstrate the ease of using PYUSD for commercial payments. Bloomberg reported that the funds were transferred through an enterprise-level digital currency […]
Catenaa, Thursday, January 2, 2024 – PENGU, the newly launched token, has become the largest memecoin in the Solana network, reports said last week. The leap of PENGU has dropped BONK to second place within the Solana network. Reports said that the token has secured a $2.25 billion market capitalization. The PENGU token, backed by […]
Catenaa, Wednesday, December 18, 2024 – The Pi Network team has issued critical safety alerts for its vast community of users, urging reliance solely on official communication channels and emphasizing the use of the authentic Pi Wallet within the Pi Browser. The team highlighted the risks of counterfeit wallets, noting that the genuine Pi Wallet […]
Switzerland, Saturday, April 20, 2024 –The Web3 blockchain network Polkadot reached another milestone by expanding its user addresses to over 600,000 in March, resource reported. The allocation of 248,000 of the 605,000 addresses was assigned to the smart contract platform for building cross-chain applications, Moonbeam, according to the source. 191,000 addresses were created directly on […]
Basics of Polkadot and its Significance Polkadot could be considered a technology that stands out as a breakthrough in the rapidly developing field of blockchain technology. It is an open-source project that is developed and maintained by a community of contributors. The project is governed by the Web3 Foundation, the non-profit organization founded to promote […]
LONDON, Oct. 30, 2023 – Parity Technologies, the company behind the Polkadot blockchain, is cutting 30% of its workforce, or about 100 employees, amid a widespread wave of layoffs across the crypto industry, a news report said last week. The staff layoffs come as part of Parity’s effort to shift its focus back to its […]
Understanding Privacy Blockchains and Their Role in Data Security Data security is a top issue for both individuals and corporations in the modern digital era. Privacy Blockchains, or privacy-focused blockchains, are one new technology that could be considered a possible solution to this problem. Blockchains for privacy are decentralized networks that protect the integrity and […]
SIM (Subscriber Identity Module) cards were first introduced in the year 1991 by Munich smart-card maker Giesecke+Devrient. They remained relatively unchanged with respect to their functionality, with only their size getting smaller every couple of years, to the point where physical SIM cards are going extinct in favor of E-SIM technology. However, SIM cards have […]
New York, Friday, October 11, 2024- Digital asset infrastructure provider Ripple said it had introduced new functionalities to its custody service, aiming to deliver “bank-grade” security to cryptocurrency firms. These enhancements include integration with the XRP Ledger (XRPL), offering companies expanded liquidity and the ability to tokenize real-world assets (RWAs). The XRP token surged by […]
Catenaa, Wednesday, November 27, 2024- Ripple announced the launch of a tokenized money market fund on the XRP Ledger on Monday, marking a significant milestone in the integration of blockchain with traditional financial products. The initiative, developed in partnership with Archax, the UK’s first Financial Conduct Authority-regulated digital asset exchange, brings tokenized access to abrdn’s […]
TBILISI, Georgia, Monday, June 17, 2024 – Financial technology firm Ripple met with representatives of the National Bank of Georgia (NBG) on June 8 to explore avenues for digitizing the country’s economy, according to a LinkedIn post from the NBG. The meeting involved NBG Acting Governor Natia Turnava and Varlam Ebanoidze, head of the bank’s […]
New York, Sunday, October 6, 2024-Ripple has launched its end-to-end payments solution in Brazil, partnering with Mercado Bitcoin to enhance cross-border transactions between Brazil and Portugal using blockchain technology. The partnership will allow Mercado Bitcoin to streamline its internal treasury operations, testing Ripple’s platform for efficiency. Initially, this will be for institutional use between Mercado […]
Catenaa, Wednesday, November 13, 2024-A consortium of leading cryptocurrency firms, including Robinhood, Kraken, and Galaxy Digital, has unveiled a new stablecoin network, the Global Dollar Network. The initiative, aimed at boosting the global usage of stablecoins, features the newly introduced USDG stablecoin, pegged to the U.S. dollar. The USDG token, issued from Singapore by Paxos, […]
New York, Monday, October 21, 2024 – Russian President Vladimir Putin had revealed a plan for BRICS countries to adopt digital currencies as an investment tool, aimed at reducing dependence on Western financial systems during a BRICS media meeting on Friday, October 18. At the meeting Putin emphasized the proposal’s goal to drive economic growth […]
Shanghai, China, Wednesday, March 20, 2024 – China and Russia have announced their decision to abandon the US dollar, according to a joint statement released by the countries on March 5. They said that they were considering a blockchain-based payment system in its place. The type of blockchain upon which the prospective payment method would […]
Introduction to Sands Metaverse Gaming Platform The winds of gaming are shifting, transporting us past pixelated screens and into the vast expanse of the metaverse. This rich, interwoven network of virtual worlds promises to transform not only how we play, but also how we create, interact, and own in the digital sphere. In this fascinating […]
Catenaa, Monday, January 13, 2025 – MicroStrategy co-founder Michael Saylor has teased another Bitcoin acquisition, hinting at a purchase on Monday (January 50 via a post on X featuring a Bitcoin chart from SaylorTracker.com. The company currently holds 446,400 Bitcoin, valued at roughly $43.7 billion, and continues its aggressive 21/21 plan to bolster its Bitcoin […]
New York, Thursday, December 7– SBI Holdings of Japan and Saudi Aramco of Saudi Arabia, announced significant investments in Ripple Labs, the blockchain technology company best known for its payment protocol, RippleNet. The move is seen as a major validation for Ripple and its ambitions to revolutionize cross-border payments and asset transfers. However, the details […]
Catenaa, Sunday, November 17, 2024-Muneeb Ali, founder of Stacks and CEO of Trust Machines, announced on X that the long-awaited sBTC upgrade is anticipated for early December. This upgrade is designed to introduce a trustless, two-way bitcoin peg system, making sBTC the first asset of its kind to enhance decentralized finance (DeFi) capabilities on the […]
London, Wednesday, November 06, 2024 – Zodia Custody, the crypto custody firm supported by Standard Chartered, is in advanced talks to raise $50 million as part of its plan to expand geographically and enhance its digital asset storage services. According to Bloomberg, CEO Julian Sawyer stated that Zodia is seeking investment to strengthen its custody […]
Catenaa, Sunday, January 19, 2025 –The US Securities and Exchange Commission has formally appealed a 2023 district court ruling that partially favored Ripple Labs, focusing on whether XRP sales to retail investors qualify as unregistered securities transactions. The SEC argues that Ripple’s promotional efforts created profit expectations, meeting the “investment contract” definition under the Howey […]
WASHINGTON, Wednesday, July 31, 2024 – The U.S. Securities and Exchange Commission (SEC) intends to amend its lawsuit against Binance, the world’s largest cryptocurrency exchange, including revisions related to “Third Party Crypto Asset Securities,” according to a court filing on Tuesday. The court filing can be reached here. The decision could delay any court ruling […]
New York, Sunday, November 03, 2024-The US Securities and Exchange Commission (SEC) has issued a Wells Notice to Ethereum-based gaming company Immutable, suggesting it may face legal action for alleged securities law violations connected to its IMX token sales. The SEC’s notice also included a letter to Immutable’s CEO, James Ferguson, and the Digital Worlds […]
New York, Thursday, August 1, 2024- Sen. Cynthia Lummis, R-Wyo., introduced a bill to the U.S. Senate yesterday, Wednesday, July 31, 2024, seeking to establish a national Bitcoin reserve as political interest in cryptocurrency intensifies. The chances of this becoming law are currently seen as very low. The presented draft can be reached here. The […]
NEW YORK, Tuesday, January 16, 2024 – Shytoshi Kusama, the primary developer of the widely-known meme cryptocurrency Shiba Inu, unveiled the introduction of the .SHIB domain on Wednesday, January 10. This initiative aims to enhance Web3 interoperability and foster a more integrated ecosystem for projects associated with SHIB. “We’re partnering with @ShibToken to apply for […]
Panama, Thursday, May 9, 2024 – The Shiba Inu funding round, spearheaded by Cypher Capital, concluded with a $12 million investment aimed at implementing the Fully Homomorphic Encryption (FHE) blockchain, as revealed in an announcement on April 23, 2024, shared via a post on X. VC partners, such as Animoca Brands, DWF Ventures, and Polygon […]
Singapore, Wednesday, November 06, 2024 – The Monetary Authority of Singapore (MAS) yesterday announced new measures to accelerate asset tokenization, aiming to transform the nation’s financial services landscape. Under its flagship Project Guardian, MAS plans to support tokenized asset markets through the establishment of commercial networks and infrastructure. As an initial step, MAS will create […]
Singapore, Friday, October 6 — The Web3 Gaming Summit, a two-day event that brings together stakeholders in the gaming and blockchain industries, will be held on October 11, 2023, at 9:30 (UTC+8) at the Marina Bay Sands Hotel in Singapore. The Web3 Gaming Summit is being organized by the Asian Blockchain Gaming Alliance (ABGA) and […]
Catenaa, Sunday, November 17, 2024-SingularityNET, a decentralized AI network, and the ASI Alliance have launched AIRIS, the first self-learning proto-AGI, within Minecraft. Unlike traditional game AI, AIRIS adapts and creates its own rules in real time, evolving through experiences and challenges within the game. AIRIS—short for Autonomous Intelligent Reinforcement Inferred Symbolism—works autonomously without pre-set rules, […]
Catenaa, Sunday, November 24, 2024-Sky, the decentralized finance (DeFi) lending protocol formerly known as Maker, has officially launched its USDS stablecoin on the Solana blockchain. This marks USDS as the first major DeFi-native stablecoin on Solana, opening new avenues for borrowing, lending, and trading on the platform’s leading DeFi networks. Sky’s move aims to enhance […]
SINGAPORE, Tuesday, January 23, 2024- Blockchain development company SkyArk Studio , announced recently that it had secured $15 million in a Series A funding round led by cryptocurrency giant Binance Labs. The funding round, which also saw participation from prominent venture capital firms Draper Dragon and NGC Ventures, is expected to boost SkyArk Studio on […]
In the world of cryptocurrencies and blockchain, terms like smart contracts are becoming increasingly common. But what exactly are they? A smart contract is a digital protocol designed to facilitate, verify, or enforce the negotiation or execution of a contract using computer software or algorithms. It can be programmed with the rules and logic governing […]
Paris, France, Wednesday, December 6, 2023: In a surprising move for the financial industry, Societe Generale, the leading French bank, has become the first major institution to list a Stablecoin on a public exchange. The digital asset, dubbed EUR CoinVertible (EURCV), tracks the value of the euro and trades on Bitstamp, a Luxembourg-based crypto exchange. […]
Paris, France, Tuesday, December 18, 2023 – In a first for the financial industry, Societe Generale, the French banking giant, issued a €10 million green bond directly on a public blockchain on Monday, December 4. This move, a three-year senior preferred unsecured bond, utilizes Societe Generale’s dedicated blockchain platform, SG-Forge, and registers the bond on […]
Catenaa, Monday, January 13, 2025 – Sol Strategies has invested 25 million Canadian dollars in the Solana ecosystem, reports on January 7 said. The investment has been made through an insecurity credit facility. This is the latest approach of the company after its rebranding from Cypherpunk Holdings in September 2024. This novel step would pave […]
NEW YORK, NY, January 2, 2024 – The Solana blockchain, once closely associated with the now-defunct FTX exchange, is witnessing a notable resurgence, according to market reports last week. However, despite the recent upswing, analysts maintain a cautious stance. Reports said that fueled by the surging value of its native token, SOL, Solana has captured […]
San Francisco, Thursday, April 18, 2024 – Solana Blockchain interrupted its crypto projects due to the periodic congestion on the platform, source reported recently. It is noted that new projects like the Non-Fungible Token (NFT) projects of Suit Up, DuckCoin, and Surge Finance, the staking reward platform of Solana, would be postponed until the issues […]
New York, Saturday, November 09, 2024- Solana reached a milestone today, crossing the $200 mark amid a bullish wave in the crypto market spurred by former US President Donald Trump’s election victory. Bitcoin also set a new all-time high of $76,873 earlier in the day. Solana, which saw a 6.2% gain in the last 24 […]
In today’s world of digital currencies, Solana stands out as a strong option for those looking beyond Ethereum’s limitations. Unlike Ethereum, Solana tackles the issue of scalability with its unique Proof of History (PoH) and Proof of Stake (PoS) consensus mechanisms, which add timestamps to its blockchain, making transactions much faster. For example, Solana’s network […]
Catenaa, Friday, January 10, 2024- The Korea Exchange (KOSDAQ) is considering approving crypto spot exchange-traded funds (ETFs) in 2025, its chairman, Jeong Eun-bo, announced at the 2025 Securities and Derivatives Market Opening Ceremony. The move aims to revitalize South Korea’s financial markets after political turmoil dampened investor confidence. Jeong emphasized benchmarking global cases to introduce […]
Shenzhen, China, October 12, 2023: Social media app Stars Arena has recovered 90% of the funds that were exploited in a recent hack, according to a statement from the company on Wednesday. Stars Arena said that it was able to recover the funds through negotiations with the attacker. The company did not disclose the amount […]
Toronto, Canada, Wednesday, August 28, 2024- A new study has linked cryptocurrency ownership to certain personality traits, including psychopathy, narcissism, Machiavellianism, and sadism. Researchers at the University of Toronto and the University of Miami surveyed 2,001 American adults to examine the relationship between cryptocurrency ownership and various psychological and social characteristics. However, the researchers cautioned […]
New York, Monday, October 28, 2024- A recent report by the Bitcoin Policy Institute suggests central banks consider Bitcoin as a hedge against rising inflation and geopolitical risks. Authored by economist Matthew Ferranti, the report titled The Case for Bitcoin as a Reserve Asset argues that Bitcoin could serve as a strategic reserve, potentially protecting […]
Dubai, March 6, 2024 – Sui, the layer 1 blockchain platform, emerged victorious at the AIBC Eurasia Awards held during the second edition of the AIBC Eurasia conference in Dubai on February 25, 2024. The award recognizes Sui’s position as a leading blockchain solution and its significant growth since its Mainnet launch in 2023. The […]
Catenaa, Thursday, January 2, 2025 – A group of cryptocurrency advocates in Switzerland has launched an initiative aimed at requiring the Swiss National Bank (SNB) to hold bitcoin as part of its reserves, alongside gold. The proposal was published Tuesday by the Swiss Federal Chancellery, setting the stage for a potential nationwide referendum. The Chancellery […]
Taipei, Saturday October 5, 2024 – Taiwan’s Financial Supervisory Commission (FSC) has introduced new anti-money laundering (AML) regulations for virtual asset service providers (VASPs), setting a September 2025 deadline for full compliance. Firms failing to meet these requirements could face fines of up to NT$5 million ($155,900) or a two-year prison term. The updated regulations, […]
Taipei, Sunday, October 13, 2024-Taiwan Financial Supervisory Commission (FSC) is set to launch a pilot program for institutional cryptocurrency custody services in early 2025. The initiative, aimed at promoting institutional adoption of crypto, has already attracted interest from three private banks, which are expected to participate in the trial. As reported by local media, participating […]
From the beginning, efficiency and scalability were the two major issues raised over the Bitcoin blockchain network. ‘SegWit,’ also known as “Segregated Witness,” is a soft fork utilized in the Bitcoin blockchain to increase the number of transactions that can occur simultaneously. This update was referred to as the Civil War since there were many […]
New York, Sunday, November 03, 2024-Franklin Templeton has announced the expansion of its OnChain US Government Money Market Fund (FOBXX) to Coinbase’s Ethereum scaling network, Base. This strategic move, announced on Thursday, allows the asset manager’s flagship crypto product to reach a broader audience on a platform designed for efficient and cost-effective development of crypto […]
New York, NY January 30, 2024 – Terraform Labs, the company behind the cryptocurrency Luna and stablecoin TerraUSD (UST), filed for Chapter 11 bankruptcy in the United States District Court for the District of Delaware on Sunday, January 21. Details of the filing can be seen here. Terra was a blockchain payment platform designed for […]
Thursday, June 20, 2024 – The price-stable crypto operating company Terraform Labs announced its termination of operations, selling its projects Pulsar Finance, Station Wallet, and Enterprise DAO within the Terra blockchain protocol, according to Chris Amani, the CEO of Terraform Labs. “TFL always intended to dissolve at some point and that point is now. We […]
New York, Monday, January 22, 2024 – In response to a recent United Nations (UN) report that alleged Tether’s involvement in illicit activities, the Stablecoin issuer has expressed disappointment, contending that the assessment disproportionately focuses on such allegations while neglecting the positive impact of USDT on emerging markets. The United Nations Office on Drugs and […]
Hong Kong, Thursday, March 21, 2024 – Tether, the blockchain-enabled platform, announced on March 7, 2024, the signing of a Memorandum of Understanding (MOU) with the National Agency of Prospective Projects (NAPP) implementing the crypto regulations in the Republic of Uzbekistan, focusing on country’s betterment. This new venture aims at Uzbekistan’s development and adoption of […]
Hong Kong, Wednesday, May 1, 2024 – Tether, the digital asset company, has announced their collaboration with Coins.ph, a digital asset exchange regulated by the Philippines’ Central Bank, on April 10, 2024. The collaboration aims to pave the way for educating the Philippine community on blockchain technology. “This collaboration aligns with our mission to make […]
Blockchains are a revolutionary technology that creates a new era of secure digital transactions. The blockchain is composed of multiple layers, each responsible for different aspects of the blockchain. Layer zero is the foundation layer responsible for the core functionalities of the blockchain. It is responsible for the consensus mechanism, governance, and incentive structure. Uncovering […]
What exactly are Bitcoin Ordinals? Bitcoin Ordinals are Satoshis that have been ordered by giving them a serial number based on the order in which they were mined. “Satoshis”, which is derived from the pseudonym that is used to identify the person/s that developed Bitcoin, are the smallest denomination of Bitcoin, which contains an equivalence […]
San Francisco, CA, December 18, 2023 – Blockchain development platform Thirdweb recently announced in its blog post that it had disclosed and patched a critical security vulnerability affecting its own pre-built smart contracts and potentially impacting others across the web3 industry. It said that the vulnerability, discovered in November, was addressed quickly with a user-assisted […]
Thursday, April 25, 2024 – The Open Network, TON Blockchain, launched a new venture on April 16, introducing Memelandia, a Web3-based cultural hub for meme coins and community tokens, announced in a post on X. Due to the rare use of meme coins in the crypto space, TON is paving the way to boost memecoins, […]
George Town, Tuesday, April 16, 2024 – The Open Network Foundation (TON), on March 20, 2024, announced its allocation of 30 million Toncoin (TON) tokens aimed at community rewards, according to Binance. The allocation would be worth $115 million, according to the resource. The incentives will be issued under four categories. Token mining and user […]
NEW YORK, Tuesday, May 28, 2024 – The TON blockchain said it experienced a surge in user adoption, onboarding over 1 million users within a 30-hour window, according to a May 16, 2024, announcement by the TON Foundation. This significant growth coincided with the launch of the “Notcoin” token, a Telegram-based gaming token utilizing the […]
Binance, Bybit Suspend Trading on TON New York, Wednesday, August 28, 2024- The Open Network (TON) blockchain faced a major disruption on Wednesday, halting the validation of new transactions for over six hours. The team attributed the issue to an unusually high load on the network, which prevented several validators from cleaning the database of […]
Understanding Meme Coins To understand what meme coins are, we first have to understand what a meme is. Memes have been a pivotal part of internet culture long before the boom of crypto. Memes can be images, videos, GIFs, iconic lines from pop culture, and much more. Memes are often used jokingly or to express […]
TOKYO, Wednesday, July 24, 2024- Toyota Motor Corp. is exploring the use of Ethereum blockchain technology to manage vehicle data and potentially transform how cars are owned and used. “Toyota Blockchain Lab suggests developing a MOA (Mobility-Oriented Account) based on Ethereum ERC-4337 to ensure that the account itself can be retained even if the private […]
Catenaa, Saturday, December 07, 2024- AsBitcoin remains just below its all-time high of $100,000, trading around $96,000, but traders are increasingly turning to altcoins for larger gains, reports indicate. Analysts say that renewed optimism following Donald Trump’s election victory and promises of crypto-friendly regulation have spurred a dramatic rally in alternative cryptocurrencies. Bitcoin’s bull run […]
Finalised Regulations to be Published on Sunday July 7 WASHINGTON, Friday, July 5, 2024- The U.S. Department of the Treasury and the Internal Revenue Service (IRS) on Wednesday June 26 finalized regulations implementing the bipartisan Infrastructure Investment and Jobs Act’s (IIJA) reporting requirements for brokers of digital assets, a media statement issued by Department of […]
Geneva, Wednesday, March 20, 2024 – TRON DAO would work with Amazon Web Services (AWS) facilitating an inclusive TRON Full Node for users and developers, TRON DAO said on March 13, 2024. It is aimed at lowering the entry permission to the TRON network, offering a more efficient decentralized ecosystem in the blockchain industry. The […]
Catenaa, Friday, December 06, 2024-Former PayPal COO and venture capitalist David Sacks has been appointed by Donald Trump as the White House’s Artificial Intelligence and cryptocurrency “Czar.” The nomination, announced Thursday, reflects Trump’s ongoing pattern of rewarding major political donors with influential positions. Sacks, a prominent Silicon Valley figure and host of the popular podcast […]
Catenaa, Thursday, November 28, 2024 (Wrapup)- President-elect Donald Trump is reportedly considering several candidates to replace Gary Gensler as chair of the US Securities and Exchange Commission (SEC).Among the frontrunners are Richard Farley, a partner at Kramer Levin Naftalis & Frankel, and Norm Champ, a partner at Kirkland & Ellis. Other potential candidates include Robinhood […]
Catenaa, Saturday, November 23, 2024-Donald Trump’s social media company, Truth Social, is reportedly in “advanced talks” to acquire Bakkt, a crypto platform founded by the Intercontinental Exchange (ICE) in 2018. The acquisition, if completed, would be an all-stock deal, with Trump Media and Technology Group, which Trump holds a 53% stake in, purchasing the platform […]
ANKARA, Turkey, Thursday, June 27,2024- – Turkey’s parliament passed a new cryptocurrency bill on Thursday, introducing regulations for the industry alongside potential penalties for violations. The legislation establishes a framework for licensing and overseeing cryptocurrency service providers within the country. It also outlines penalties for non-compliance, including prison sentences and hefty fines. Individuals or entities […]
Singapore, March 19, 2024 – XPLA, the layer 1 blockchain, announced on March 8, 2024, its collaboration with Ubisoft, a video game creator and publisher company, as the node validator. The new step would expand the blockchain technology through the XPLA innovation lab, as it is aimed at widening technological opportunities. It is reported that […]
Catenaa, Wednesday, November 20, 2024 – The UK government has announced a pilot program to issue Digital Gilt Instruments (DIGIT) leveraging distributed ledger technology (DLT). Chancellor of the Exchequer Rachel Reeves introduced the initiative during her Mansion House speech, calling it a step toward modernizing the country’s financial markets as part of the Financial Services […]
Singapore, Thursday, November 30– The United Nations Development Programme (UNDP) has announced a partnership with the Algorand Foundation to equip over 22,000 UNDP employees globally with comprehensive knowledge and practical skills in blockchain technology. The partnership aims to leverage the transformative potential of blockchain for sustainable development and accelerate the implementation of the UN’s Sustainable […]
Understanding Uniswap Uniswap is a unique form of exchange that employs the Automated Liquidity Protocol, an innovative concept in the crypto and blockchain field. Uniswap was developed in 2018; the platform offers interoperability across all ERC-20 tokens and infrastructures, leveraging the power of Ethereum, the world’s second-largest cryptocurrency by market value. What sets Uniswap apart […]
The Web3 Festival Starts on April 6 and Ends on April 9 With OKX Taking Center Stage; Tickets Available online in NFT Form or Regular HONG KONG, Tuesday, April 02, 2024- Building upon the success of its 2023 edition, the Hong Kong Web3 Festival returns this year from April 6–9 at the Hong Kong Convention […]
New York, Tuesday, October 08, 2024-A U.S. bankruptcy judge has approved the reorganization plan for FTX, marking a significant step in the aftermath of the crypto exchange’s collapse two years ago amid allegations of fraud. Judge John Dorsey, presiding over the case in the District of Delaware, confirmed the plan during a hearing on October […]
Washington, D.C. Thursday, December 7 – Another milestone was achieved in the U.S. House of Representatives on December 7, as a crypto bill secured unanimous approval from a committee. The proposed legislation aims to instruct the U.S. Secretary of Commerce to actively endorse and support blockchain technology. The House Committee on Energy and Commerce unanimously […]
New York, Friday, September 27, 2024-The US Department of Justice (DOJ) has seized the domains of three cryptocurrency exchanges linked to a Russian money laundering network, the DOJ said in a media statement. The platforms, UAPS, PM2BTC, and Cryptex, are accused of facilitating over $800 million in illicit transactions. Authorities acted on court orders to […]
New York, Saturday, November 02, 2024- The US Treasury Department recommended that private stablecoins be replaced by a Central Bank Digital Currency (CBDC), citing concerns over the stability of the stablecoin market in its latest report, on October 31. The Treasury’s 132-page report highlighted the extensive purchase of US Treasury bonds by stablecoin issuers, with […]
NEW YORK, September 29 — Valkyrie Funds, one of the companies seeking to launch Ethereum ETF in the United States, said it has halted its purchase of ETH futures contracts. The company shared its decision on Friday, September 29, 2023, through a filing with the Securities and Exchange Commission. However, the filing did not offer […]
Catenaa, Friday, January 17, 2025-Investment manager VanEck has filed a prospectus with the US Securities and Exchange Commission for its new “Onchain Economy” ETF, aiming to invest in companies shaping the digital asset ecosystem. The proposed fund would allocate at least 80% of its net assets to firms in the digital transformation space, including cryptocurrency […]
New York, NY, Friday, June 28, 2024-In a move signaling broader acceptance of cryptocurrencies, VanEck, a New York-based investment firm, filed a proposal with the Securities and Exchange Commission (SEC) to launch the first-ever U.S. exchange-traded fund (ETF) for Solana (SOL). The VanEck Solana Trust, if approved, would offer investors direct exposure to SOL, the […]
SAN FRANCISCO, Monday, May 27, 2024 – Venture capital (VC) investment in cryptocurrency and blockchain companies is showing signs of resurgence. According to data released on May 24, 2024, global VCs invested a combined $2.4 billion into Bitcoin and crypto firms during the first quarter of 2024. This significant uptick suggests a potential revival in […]
Abu Dhabi, Thursday, May 2, 2024 – The Venom network, layer 0 blockchain in the Web3 eco system, announced that it had partnered with United Network, which is designed for payment systems, prospecting the ignition of global payment systems on a decentralized platform. Reports said that the partnership would improve the speed of the transactions, […]
California, September 12: Global Payments giant Visa announced in early September that it would expand its stablecoin capabilities to the Solana network. Visa made the announcement on September 5, 2023, regarding its expansion of stablecoin settlement functionalities by incorporating Circle’s USDC on the Solana blockchain. Solona’s price jumped in the first week of September following […]
New York, Sunday, October 06, 2024-Visa has announced its upcoming global Visa Tokenized Asset Platform (VTAP), set to launch in 2025, which will enable banks to issue and manage fiat-backed stablecoins and other digital tokens. The platform, currently in the testing phase, will allow banks to mint, burn, and transfer stablecoins for internal operations. BBVA, […]
Seoul, Friday, December 22, 2023- South Korean gaming giant Wemade and Singapore-based technology investor Whampoa Digital announced in December last week that they had joined forces in a strategic partnership aimed at boosting the Web3 landscape in the Middle East. This collaboration will see the establishment of a $100 million Web3 fund by Wemade, specifically […]
LAGOS, Nigeria, Monday, January 22, 2024 –The lack of clear regulations on Web3 was a hurdle for investors in the fields of Web3, blockchain, crypto, and the like, Jathin Jagannath, a developer from the Web3 rollup protocol Cartesi, reportedly said in a recent interview. Earlier, investors in these fields saw the African Continent countries as […]
Catenaa, Friday, January 10, 2024 – South Korean gaming giant WeMade said it was expanding its blockchain footprint with new products and decentralized social communities, signaling a pivotal shift for 2025. In a New Year’s address, CEO Park Kwan-ho emphasized blockchain as central to the company’s strategy, leveraging its success in gaming to fuel global […]
The Ethereum Request for Comment (ERC) serves as a technical protocol that proposes modifications or enhancements to the Ethereum network. It provides developers with a set of technical specifications or instructions that can be used to create applications and smart contracts that operate on the Ethereum network. ERCs are developed and maintained by the Ethereum […]
Avalanche is a heterogeneous network of blockchains that rivals Ethereum. It’s well known because of its scalable solutions, interoperability, and transaction speeds. It can process about 4,500 transactions per second, whereas Ethereum can only process about 30 transactions per second. To achieve this, it uses a novel approach utilizing three separate blockchains under its primary […]
Exploring Palm Network’s Move to Polygon and What It Means for the Cryptocurrency Industry The recent partnership between Palm Network and Polygon Supernet has ignited a wave of excitement within the cryptocurrency world. This collaboration has the potential to bring about a significant transformation in terms of scalability and responsiveness, with a particular focus on […]
New York, Wednesday, October 16, 2024-World Liberty Financial (WLF), a decentralized finance (DeFi) project backed by former President Donald Trump, has raised $9.15 million on the first day of its public WLFI token sale, reports say. “About 610 million WLFI tokens had been sold as of 7:25 p.m. ET, with 19.4 billion tokens remaining. At […]
London, July 24- Worldcoin, a cryptocurrency project founded by OpenAI (Better known by it ChatGPT) CEO Sam Altman, launched on Monday, July 24. The project aims to create a global digital identity system that uses iris scanning to verify the identities of users. Worldcoin users will be able to earn Worldcoin tokens by having their […]
San Francisco, Wednesday, May 1, 2024 – Worldcoin, the eye-scanning crypto project founded by Sam Altman of OpenAI, initiated the newest blockchain network, World Chain, marking the latest milestone on April 17, 2024. The latest arrival of the ETH layer 2 blockchain, World Chain, to the platform will bind hands with the Worldcoin user base […]
Singapore, Singapore, October 8, 2024 — Bitstamp has listed XSGD, a Singapore Dollar-pegged stablecoin created by StraitsX. This move is set to enhance cross-border payments and efficient alternative to traditional financial systems. XSGD, backed 1:1 by the Singapore Dollar and fully supported by reserve assets, aims to provide stability and confidence for global users. With […]
If you think of blockchain, you probably don’t imagine creating security tokens. Unfortunately, some companies or consortia have learned that designing their standards without foresight can lead to roll-your-own security tokens. It’s not easy to create a security token standard from scratch while piecing together code and documentation from various sources. That’s why many companies […]
NEW YORK, Wednesday, July 31, 2024– The Decentralized ZKX Protocol has ceased operations. The perpetual trading platform built on Starknet, platform announced the shutdown on Tuesday, citing low user engagement and declining trading volumes. The announcement can be seen here. Founded in 2021, ZKX aimed to create a scalable decentralized exchange. Despite securing $7.6 million […]