What is Quantum Computing? Quantum computing is an emerging technology that harnesses the laws of quantum mechanics in order to solve complex problems that classical computers cannot handle. Unlike the computers we use now, which use bits to represent data, quantum computers use quantum bits, also known as ‘qubits,’ to represent data. Due to a […]

New York, Tuesday, September 17, 2024- Flowcarbon, the climate tech startup co-founded by Adam Neumann, has begun issuing refunds to investors after failing to launch its much-anticipated “Goddess Nature Token” (GNT). Launched in 2022 with $70 million in funding from investors like Andreessen Horowitz, Flowcarbon aimed to merge carbon credits with blockchain technology. However, the […]

New York, Saturday, October 26, 2024- Machine learning AI assisted the US Department of the Treasury in identifying and recovering over $4 billion in fraudulent or improper payments in 2024. This represents a significant six-fold increase from $652.7 million recovered in 2023, according to the Office of Payment Integrity (OPI). The OPI, a division of […]

Menlo Park, California Wednesday, August 09 – Hot on the heels of DoorDash integrating AI tech into their App, Uber Technologies Inc. also claimed it was developing an AI-powered chatbot to integrate into its app, Bloomberg reported on August 4. By taking this action, Uber will become one of the companies incorporating the language tool […]

SAN FRANCISCO, Thursday, July 25, 2024-Alphabet, Google’s parent company, reported better-than-expected quarterly earnings Tuesday, boosted by strong growth in digital advertising and cloud computing. Alphabets Q2 reports can be accessed here. According to the report revenue climbed 14% to $84.74 billion in the April-June period, topping Wall Street forecasts. Net income jumped 28.6% to $23.6 […]

San Francisco, Friday, September 27, 2024-OpenAI CEO Sam Altman has firmly denied reports suggesting that he plans to receive a substantial equity stake in the company. During an all-hands meeting on Thursday, Altman addressed investor concerns, stating that the claims are “just not true.” His comments come at a time when OpenAI is navigating leadership […]

New York, Friday, October 31, 2024-Amazon in its Q3 Earnings yesterday reported higher-than-expected third-quarter profits and sales, boosted by strong retail growth, sending its shares up nearly 6% in after-hours trading. Retail sales rose by 7% to $61.41 billion, and Amazon Web Services (AWS) reported a 19% revenue increase to $27.5 billion, its fastest growth […]

New York, Tuesday July 30, 2024— Wall Street is poised for a significant week as Amazon, Apple, Meta Platforms, and Microsoft, collectively valued at nearly $9 trillion, prepare to report their quarterly earnings. These tech giants, whose stock movements heavily influence market trends, are expected to play a crucial role in shaping investor sentiment. Investors […]

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 […]

Catenaa, Thursday, December 26, 2024 – Anchorage Digital announced last Monday that it has been granted a BitLicense by the New York State Department of Financial Services (NYDFS) for its subsidiary, Anchorage Digital NY, LLC. The approval allows the crypto custodian to extend its services to institutions in New York, one of the most regulated […]

Catenaa, Friday, November 15, 2024-Venture capital giant Andreessen Horowitz (a16z) has expressed optimism for a crypto-friendly regulatory landscape under President-elect Donald Trump’s administration. The firm’s crypto policy team highlighted a promising path toward regulatory clarity, with expectations that Trump’s government will foster innovation, supporting crypto’s growth in the U.S. In a recent note to crypto […]

Cupertino, California, Tuesday, June 11, 2024- Apple’s annual Worldwide Developers Conference (WWDC), which started yesterday (June 10), in Cupertino, California had one big unApple thing-more customizable UI on its iPhone OS. The tech giant kicked things off with a keynote event touting the new features that are coming to its devices running on iOS 18, […]

San Francisco, Thursday, September 12, 2024-Apple on Monday introduced its latest smartphones, the iPhone 16 Pro and iPhone 16 Pro Max. Apple officially launched the highly anticipated iPhone 16 series at the Glowtime Event 2024, held at its Cupertino Park headquarters in California on Monday. Reviews of the devices are yet come The new phone was met […]

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 […]

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) […]

Canberra, Friday, September 06, 2024 – Australia has introduced a non-legally binding artificial intelligence (AI) framework aimed at ensuring ethical and responsible AI use. Released Wednesday, the guidelines outline ten principles focused on risk management, transparency, human oversight, and fairness. Though voluntary, the framework is modeled after international standards, especially the European Union’s. The guidelines […]

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 […]

New York, Monday, September 30, 2024-Co-founder of Binance Changpeng Zhao was released from a US correctional facility on September 27 after serving a four-month sentence on September 27, Bloomberg reported. Zhao had been detained following a plea deal that resulted in a $4.3 billion fine for Binance due to compliance failures allowing illicit transactions. Additionally, […]

Abuja, Tuesday, October 15, 2024-A Nigerian court has again denied bail to Binance executive Tigran Gambaryan, despite claims from his family regarding his deteriorating health. Gambaryan, who has been detained in Nigeria since February on money laundering charges, suffers from multiple medical conditions including a herniated disc, pneumonia, and malaria, his family said. The court’s […]

Singapore, Wednesday, August 28, 2024- Bitget has announced that it had introduced a new feature that allows users to create and access their crypto wallets using Telegram accounts. This update, utilizing keyless MPC technology, eliminates the need for users to manage private keys, enhancing both security and user experience. This comes in the aftermath of […]

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, Wednesday, September 18, 2024- A consortium of tech giants and financial firms, led by BlackRock and Microsoft, has announced the formation of a $30 billion investment fund dedicated to artificial intelligence (AI) infrastructure, reports said. The Global AI Infrastructure Investment Partnership (GAIIP) will focus on building data centers and supporting power infrastructure, essential […]

 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 […]

Catenaa, Thursday, December 05, 2024- BlackRock’s IBIT Bitcoin ETF has achieved a historic milestone, surpassing 500,000 BTC in assets under management (AUM) with a valuation of $48 billion. This marks a significant achievement in the ETF’s trajectory, having launched less than a year ago on January 11, 2024.  Data from K33 reveals that $338.3 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 […]

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 […]

New York, Tuesday, November 05, 2024-Boeing employees have concluded a seven-week strike early today after approving a new contract that promises a 38% pay increase over the next four years. Around 30,000 workers had halted operations at Boeing since September 13, impacting production at the aviation manufacturer’s facilities and deepening its financial strain. Under the […]

New York, Wednesday, October 09, 2024- Brazil’s Supreme Court has lifted the ban on X, formerly Twitter, after the platform paid $5.1 million in fines and complied with court orders, the BBC reported a while ago. Justice Alexandre de Moraes authorized the immediate return of X’s activities after it blocked accounts accused of spreading misinformation […]

New York, Wednesday, August 21, 2024- A malicious Chrome extension labeled “Bull Checker” has been targeting Solana decentralized finance (DeFi) users, draining their wallets by exploiting a seemingly legitimate interface. The issue was first identified by Jupiter Exchange on August 19, 2024, following reports from affected users. The extension, disguised as a meme coin tracker, […]

London, Tuesday, November 28-European technology companies have faced a harsh reality, witnessing a nearly 50% decrease in funding in the third quarter of 2023 compared to the same period last year, reports said last week.According to data from PitchBook, venture capital investment in European startups amounted to €33.2 billion in the third quarter, down from […]

New York, Saturday, September 14, 2024- The Commodity Futures Trading Commission (CFTC) has announced new partnerships aimed at tackling the growing issue of “pig butchering” scams within the cryptocurrency space. This type of scam, which has increasingly replaced traditional Ponzi schemes, involves fraudsters cultivating deceptive romantic relationships with victims to persuade them to invest in […]

Beijing, China, Monday, April 1, 2024 – The technological rivalry between the United States and China intensified last week as Beijing restricted government agencies from using American hardware and software, according to the safety list published by China Information Technology Security Evaluation Centre. The announcement was issued in December 2023.   According to the Financial […]

BEIJING, Tuesday, December 21 – China has unveiled its strategy for Web3, the emerging concept of a decentralized internet, choosing to embrace its technological potential while maintaining strict control and avoiding involvement with cryptocurrencies, according to a government statement. In contrast to neighboring Hong Kong’s ambition to become a hub for virtual assets, China’s Web3 […]

Catenaa, Tuesday, December 10, 2024 – China’s leaders on December 9 announced a significant pivot in economic policy, adopting bolder measures to address slowing growth and prepare for 2025, while tensions with the US over trade and technology continue to escalate.  The Politburo, the nation’s top decision-making body led by President Xi Jinping, pledged to […]

Washington, DC, Tuesday, April 9, 2024 – Despite efforts by Washington to limit their presence, the number of Chinese-manufactured internet-connected devices on U.S. corporate networks continues to rise, according to a report shared exclusively with Axios April 2. The following report is compiled using the above report. As tensions escalate between the U.S. and China, […]

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 […]

Catenaa, Wednesday, November 13, 2024-Coinbase yesterday unveiled the Coinbase 50 Index (Coin50), a new market index that offers a broader perspective on the crypto industry, similar to the S&P 500’s role in traditional equity markets. Coin50 aims to provide investors and analysts with a more inclusive benchmark that captures the performance of the top 50 […]

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 […]

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 […]

The Effects It Will Have on the Uptake of Web 3  The phrase Web3 refers to the next internet paradigm in which users may communicate with decentralized applications (dapps) that operate on blockchain networks. Transparency, security, privacy, and ownership of data and assets are just a few of the benefits that Web3 provides. Web3 does, […]

Catenaa, Saturday, December 21, 2024 – A California federal court has ruled in favor of Coinbase, allowing the major cryptocurrency exchange to delist wrapped bitcoin (wBTC) despite efforts by Hong Kong-based BiT Global to block the decision through a temporary restraining order.  US District Judge Araceli Martínez-Olguín determined there was no valid reason to prevent […]

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 […]

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 […]

New York, Wednesday, July 31, 2024— CrowdStrike Holdings Inc. partners estimate a 20% reduction in new bookings for the second half of the year following a significant tech outage, according to a report by Morgan Stanley. The cybersecurity firm’s partners reported disruptions in their operations due to the outage, which occurred earlier this month and […]

New York, Monday, September 16, 2024-The cryptocurrency industry has emerged as the second most targeted sector for identity fraud in Q2 2024, according to a report by AU10TIX released on September 11. The report reveals that nearly 29% of global identity fraud attempts targeted crypto platforms, trailing only the payments sector, which accounted for 52% […]

Singapore, Wednesday, November 06, 2024 – A consortium of prominent cryptocurrency firms, including Robinhood, Kraken, and Paxos, has introduced a new stablecoin, the Global Dollar (USDG), structured to distribute reserve-based income among its participants. Issued out of Singapore by Paxos, the USDG stablecoin aligns closely with the Monetary Authority of Singapore’s upcoming regulatory framework for […]

London, Sunday, October 6, 2024-Crypto now serves as a “valuable gateway” for institutions to enter the evolving world of digital assets, fueling the shift towards tokenization, BlackRock’s Head of Digital Assets Robert Mitchnick said at a private conference in London on October 3, reports said. Mitchnick, speaking at Digital Assets Week, emphasized the increasing overlap […]

New York, Sunday, September 15, 2024 –A new Chainalysis report reveals a troubling surge in cryptocurrency-related scams in 2024. The research highlights that 43% of illicit crypto inflows have gone to wallets activated this year, a significant increase from 29.9% in 2022. The report indicates a shift from long-term Ponzi schemes to more targeted frauds, […]

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 […]

New York, Monday, September 30, 2024-Decentralized finance platform Curve Finance is reportedly considering the removal of TrueUSD (TUSD) as collateral for its Curve USD (crvUSD) stablecoin. This follows concerns within the crypto community about the reliability and transparency of TrueUSD’s reserves. The proposal to delist TUSD is being discussed by Curve’s governance community, which plays […]

Finding a company that doesn’t use blockchain will be challenging in the future. it is not just for cryptocurrencies anymore. Blockchain has the potential to change many industries and even our society. Blockchain technology can be used in various industries to create trust between two parties when exchanging goods or services. This is because it […]

SingularityNET is a decentralized AI marketplace that leverages Blockchain technology to provide open access to algorithms and applications. It aims to develop Artificial General Intelligence (AGI) with extensive capabilities. Founded in 2017 by Dr. Ben Goertzel and Dr. David Hanson, the platform gained attention through Sophia, a humanoid robot created by Hanson Robotics. While Sophia’s […]

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 […]

In a highly digitised society, digital identity is more important than one’s physical identity. The irony is that today we do not own our digital identity and our digital identities are held by trust corporations and third parties. Digital identity and decentralized identity are two different approaches to managing a person’s digital identity. A digital […]

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 […]

NEW YORK, Wednesday, July 31, 2024- Delta Air Lines is considering legal action against CrowdStrike and Microsoft following a massive technology outage earlier this month that grounded thousands of flights and caused widespread disruption across multiple industries, reports said. The airline has hired prominent attorney David Boies to explore potential damages claims after suffering hundreds […]

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 […]

Berlin, Thursday, November 07, 2024 – In a significant move towards sustainable cryptocurrency mining, Deutsche Telekom’s subsidiary, MMS, has partnered with Bankhaus Metzler to launch a green Bitcoin mining pilot in Germany. The project aims to harness excess renewable energy, such as surplus wind and solar power, to fuel Bitcoin mining operations, thereby reducing energy […]

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 […]

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 […]

Meta Connect, in partnership with EssilorLuxottica, has announced its next-generation Ray-Ban Meta smart glasses collection. Starting at $299, this pair of smart glasses has new and improved features aimed at content creators. The Meta Ray-Ban smart glasses will be available for purchase starting October 17. These new glasses, known as the Ray-Ban Meta collection, were […]

San Fransico, September 9, 2024- Tesla CEO Elon Musk could become the world’s first trillionaire by 2027, according to a report from Informa Connect Academy. In addition to Musk, other billionaires are also forecasted to join the trillionaire club in the near future. Nvidia CEO Jensen Huang, Adani Group founder Gautam Adani, and Barito Pacific […]

Catenaa, Friday, December 06, 2024- Elon Musk’s wealth surged to $353 billion, increasing by $91 billion in the past month, despite a Delaware court invalidating his $100 billion Tesla pay package for the second time. The ruling doesn’t faze Musk, as Tesla shares rose 40% after Donald Trump’s election victory. Investors anticipate regulatory and federal […]

Catenaa, Saturday, November 16, 2024-ENS Labs, the developer behind Ethereum Name Service (ENS), announced plans for a new Layer 2 rollup called Namechain, expected to launch by late 2025. Namechain will allow users to register and manage ENS names with significantly reduced fees and enhanced flexibility across multiple Layer 2 (L2) networks, without being restricted […]

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 […]

Catenaa, Thursday, November 28, 2024-Ethereum has overtaken Tron in USDT issuance dominance for the first time since 2022, signaling a shift in the stablecoin market landscape. The surge in USDT minting on Ethereum is attributed to bullish market conditions, driven by Bitcoin’s record-breaking all-time high and growing anticipation around spot Bitcoin ETFs. These developments have […]

EU Launches Antitrust Probe into Meta, Google, Apple, and Amazon, Warning of Potential 10% Annual Turnover Fines Brussels, Monday, April 01, 2024-The European Commission announced On March 25 that it had launched antitrust investigations into Apple, Google, and Meta for potential violations of the bloc’s new Digital Markets Act (DMA). The DMA, which took effect […]

Brussels, Tuesday, April 16, 2024 – The European Union on Monday, April 8 announced that it was lifting the sanctions on Iranian tech startup ArvanCloud, saying it no longer sees a need to keep them in place. The EU had accused the company of involvement in Tehran’s internet crackdown in November 2022 and imposed the […]

Luxemberg, Tuesday, September 10, 2024-In a significant legal ruling, the European Union’s (EU) highest court has upheld a €2.4 billion fine imposed on Google today. The fine, originally levied by the European Commission, stems from an antitrust investigation into Google’s practices. The court’s decision confirms the penalty for Google’s alleged abuse of its dominant position […]

BRUSSELS, Tuesday, December 12, 2023 – The European Union has agreed on the world’s strictest rules for artificial intelligence, in a landmark move that could shape the development and deployment of the technology globally. The AI Act, which was approved by EU lawmakers after months of negotiations, sets out a risk-based framework for regulating AI […]

BRUSSELS, July 31, 2023 – The European Union’s proposed regulation of artificial intelligence (AI) is sparking debate, with some experts arguing that it is too restrictive and others saying that it is not strict enough. The proposed regulation, known as the AI Act, would classify AI systems according to their risk level and impose different […]

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 […]

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 […]

New York, Wednesday, October 02, 2024- A malicious crypto wallet app available on Google Play has reportedly stolen over $70,000 in digital assets from users after being downloaded 10,000 times, reports said late last week. The fake wallet, disguised as a legitimate app, tricked users into entering sensitive information, allowing the hackers behind it to […]

New York, Thursday, September 05, 2024- The FBI issued a warning Tuesday on North Korean cyber operations targeting the cryptocurrency sector. In the announcement, the FBI detailed North Korea’s use of social engineering tactics to deploy malware and steal digital assets. According to the FBI the Democratic People’s Republic of Korea (DPRK) has reportedly focused […]

Washington, DC, Friday, October 11, 2024- In an unprecedented move, the Federal Bureau of Investigation created its own cryptocurrency token to trap scammers engaging in pump-and-dump schemes. FBI Statement can be seen here. The website created for the sting operation can be reached here. The operation, dubbed “Operation Token Mirrors,” resulted in the arrest of […]

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 […]

New York, Tuesday, November 05, 2024-The US Federal Deposit Insurance Corporation (FDIC) last week faced  a backlash from the crypto industry following reports that it had sent multiple letters urging banks to pause their involvement in cryptocurrency services. Coinbase, a leading cryptocurrency exchange, revealed these developments, accusing the FDIC of deliberately discouraging banks from engaging […]

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, December 4, 2023 – Forbes, the global media brand synonymous with business and finance, said it would take to Web3 with a series of gamified campaigns powered by Galxe, a leading platform for building Web3 communities. This partnership marks a significant step for Forbes as it seeks to engage its audience and unlock […]

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 […]

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 […]

Catenaa, Thursday, December 26, 2024 – A key German privacy regulator has ordered the controversial World project, backed by OpenAI CEO Sam Altman, to delete biometric data collected from scanning people’s eyeballs. The Bavarian State Office for Data Protection Supervision, tasked with enforcing the EU’s General Data Protection Regulation (GDPR), announced the decision Thursday, citing […]

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 […]

California, Sunday, October 13, 2024-Google has officially filed an appeal against a recent court decision in the Epic v. Google case, following a ruling by Judge James Donato that mandates changes to the company’s app store practices. The ruling, made earlier this week, requires Google to allow third-party app stores on its Google Play platform […]

KUALA LUMPUR, Malaysia, Tuesday, June 11, 2024 – Google announced a $2 billion investment plan on Thursday to establish its first data center and Google Cloud region in Malaysia. This move signifies Google’s commitment to Southeast Asia’s burgeoning tech market and aligns with Malaysia’s ambitions to become a regional digital hub. The investment comes amidst […]

WASHINGTON, August 6, 2024 – A federal judge ruled that Google violated U.S. antitrust law by maintaining a monopoly in the search and advertising markets, marking a significant victory for the Department of Justice (DOJ).Google has said it would appeal. The ruling. In his decision, Judge Amit Mehta found that Google has leveraged its dominance […]

Catenaa, Thursday, December 12, 2024-Google on Monday unveiled Willow, its newest quantum computing chip, which can complete tasks in five minutes that would take the fastest conventional computers 10 septillion years to accomplish.  Developed in Santa Barbara, California, the 4 cm² chip represents a major development in quantum computing. It is designed to improve processes […]

San Francisco, Monday, September 9, 2024- Google’s ad tech business is under intense scrutiny as a major trial gets underway today. The U.S. Department of Justice (DoJ) is challenging Alphabet, Google’s parent company, on allegations that it operates an illegal monopoly in the digital advertising market. The case, set to be heard by U.S. District […]

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 […]

WINNIPEG, Manitoba, Saturday, July 27, 2024- HIVE Digital Technologies Ltd. It announced on July 23 that it was expanding its Bitcoin mining operations into Paraguay.HIVE’s announcement can be read here. The new facility, expected to consume 100 megawatts of electricity, will double HIVE’s mining capacity. The company says it plans to source power from the […]

Hong Kong, Wednesday, October 30, 2024- Hong Kong is set to intensify its push for cryptocurrency adoption with new regulatory changes designed to make the city more attractive to crypto investments and trading platforms. During a speech at the Hong Kong Fintech Week, Christopher Hui, Secretary for Financial Services and the Treasury, confirmed that tax […]

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 […]

Catenaa, Monday, November 25, 2024- Hong Kong’s leading digital bank, ZA Bank announced today that it now allowed retail users to trade cryptocurrencies directly through its banking app. The initiative makes ZA Bank the first bank in Asia to offer such a service, streamlining access to crypto trading by integrating fiat currency transactions within its […]

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 […]

Beijing, China, Wednesday, August 28, 2024- IBM has announced significant layoffs at its research and development teams in China, sending shock waves through the local tech community. Over 1,000 employees across Beijing, Shanghai, and Dalian are expected to be affected by the closures of the China Development Lab and China Systems Lab. The decision comes […]

New Delhi, Thursday, September 12, 2024- India remains the top country for cryptocurrency adoption, according to Chainalysis’ 2024 Global Crypto Adoption Index released a while ago.The Chainanalysis report can be seen here. This marks the second consecutive year that India has ranked first, surpassing countries like Nigeria, Indonesia, the United States, and Vietnam. Chainalysis analyzes […]

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 […]

Catenaa, Tuesday, December 03, 2024-Pat Gelsinger, Intel’s CEO since 2021, has stepped down following a challenging tenure marked by production delays, declining stock performance, and missed opportunities in artificial intelligence (AI) technologies. Gelsinger, once seen as the company’s turnaround hope, resigned effective December 1, leaving the company to interim co-CEOs David Zinsner and Michelle Johnston […]

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 […]

The digital age has changed how we live and operate. From social media to e-commerce, the digital world has given us access to information and opportunities previously limited to a selected few. With its vast array of uses outside of currency and payments, the digital economy is now called the Blockchain Economy. The blockchain is […]

New York, Friday, September 06, 2024- Apple’s highly anticipated iPhone 16 event is set for Sunday September 9, where the tech giant is expected to unveil its latest smartphone lineup, as well as iOS 18 and Apple Intelligence. The event, themed “It’s Glowtime,” will be livestreamed at 10 a.m. PT on Apple’s website and YouTube. At […]

Catenaa, Monday, December 23, 2024 – Japan’s Fair Trade Commission (JFTC) plans to order Google to cease practices it says violate the nation’s antitrust laws, according to sources familiar with the matter.  The JFTC accuses Google of requiring smartphone manufacturers using its Android operating system to pre-install apps such as Google Search and Chrome in […]

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 […]

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 […]

New York, Tuesday, October 15, 2024- Vice President Kamala Harris has introduced a cryptocurrency regulatory framework as part of her “Opportunity Agenda for Black Men,” seeking to address the increasing involvement of Black Americans in digital assets. According to her campaign, over 20% of Black Americans own crypto. This move comes less than a month […]

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 […]

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 […]

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 […]

NEW YORK, DC, Thursday, August 15, 2024- Marathon Digital Holdings, one of the largest Bitcoin miners, has acquired $249 million worth of Bitcoin following a $300 million note sale aimed at expanding its business. The company announced on August 14 that it used part of the proceeds to purchase approximately 4,144 Bitcoins at an average […]

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 […]

New York, Friday, September 13, 2024— Mastercard has agreed to acquire threat intelligence firm Recorded Future from Insight Partners for $2.65 billion. The acquisition will significantly bolster Mastercard’s cybersecurity capabilities, aligning with the company’s push toward expanding value-added services (VAS). This deal brings enhanced threat intelligence to Mastercard, which processed $9 trillion in gross dollar […]

Remember the days when you’d walk into a record store, pick up a vinyl record or a compact disc, and hold in your hands the tangible embodiment of your favorite music? The good old days when you would exchange games with friends? Those albums and CDs were more than just carriers of songs; they were […]

Catenaa, Wednesday, January 08, 2025 –The memecoin market experienced a dramatic decline in December 2024, shedding over $40 billion in market capitalization, according to reports. This 32.38% drop reflects waning investor interest and profit-taking after a year of high volatility in the crypto meme sector.  Data indicates that the market capitalization of memecoins fell from […]

Catenaa, Wednesday, January 08, 2025 – Meta has officially discontinued its high-end Quest Pro virtual reality headset, redirecting consumers toward the more affordable and powerful Meta Quest 3. The Quest Pro, launched in October 2022 at $1,499 and later discounted to $999, struggled to gain traction in the competitive VR market.  Visitors to the Quest […]

New York, Thursday, October 31, 2024-Meta Platforms (META) exceeded Q3 earnings estimates, reporting adjusted earnings of $6.03 per share, surpassing the Zacks Consensus Estimate of $5.19 per share by 16.18%.Details of the Q3 can be seen here. This marks an increase from last year’s $4.39 per share. Revenue also beat expectations, reaching $40.59 billion, a […]

Thursday, June 20, 2024 – Recall that the AI-powered feature of tracking a computer’s web data will not be initiated by Microsoft with the Copilot+PC launch on June 18, 2024, due to privacy risks; instead, it will be a preview with the WIP community, Reuters announced on June 15, 2024. The user activities, starting from […]

New York, Thursday, October 31, 2024- Microsoft Corporation (MSFT) surpassed analysts’ fiscal first-quarter earnings expectations but saw its cloud revenue growth lag, raising concerns over cloud competitiveness in a booming AI market, according to its Q3 earnings report. The company’s total revenue increased 16% year-over-year, reaching $65.59 billion, surpassing forecasts from Visible Alpha analysts. Net […]

REDMOND, Wash. Wednesday, August 7, 2024 — Microsoft has alerted its Windows 10 users to a significant security threat, urging them to upgrade to Windows 11 before support for Windows 10 ends on October 14, 2025. The company warns that 70% of Windows users are at risk due to a 2018 vulnerability in the Microsoft […]

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 […]

Catenaa, Tuesday, December 03, 2024-MicroStrategy, the largest corporate holder of Bitcoin, announced its purchase of an additional 15,400 Bitcoins for $1.5 billion, bringing its total holdings to 402,100 Bitcoins, valued at $38 billion. The acquisition, completed at an average price of $95,976 per coin, marks the company’s fourth consecutive week of significant Bitcoin investments.  According […]

New York, Wednesday, September 25, 2024-MicroStrategy’s financial profile could significantly strengthen as the company continues to expand its Bitcoin holdings and explore potential yield-generation strategies through lending, a report by Benchmark said. Reports said that last week MicroStrategy (MSTR) purchased 7,420 Bitcoin for $458 million, bringing its total Bitcoin holdings to 252,220 BTC, valued at […]

New York, Thursday, 24, 2024-MicroStrategy, the largest corporate holder of Bitcoin, has grown its market capitalization from $1.5 billion to over $40 billion in just four years. Co-founder Michael Saylor attributes the surge to the company’s innovative approach of merging Bitcoin with traditional finance. Speaking to The New Zealand Herald, Saylor explained that MicroStrategy’s business […]

Catenaa, Sunday, January 12, 2025 – President Javier Milei has achieved a historic milestone by eliminating Argentina’s fiscal deficit for the first time since 1901, a feat that has defied expectations since his election in 2023.  Known for his libertarian views and unorthodox leadership style, Milei has implemented radical austerity measures to stabilize the economy. […]

Paris, France, Friday, December 8, 2023- In a major boost for Europe’s expanding artificial intelligence (AI) scene, The French company, Mistral, announced a €2 billion valuation following its recent funding round. The hefty price tag, which includes the money raised, pushes the Paris-based company to the forefront of the global AI race and is seen as […]

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, 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 […]

LOS ANGELES, Saturday, September 30: Netflix shipped its last DVD on Friday, September 29, marking the end of an era for the company that helped change home entertainment. Netflix now has about 238 million subscribers worldwide, and most subscribers watch content via streaming.(Q2 2021)The DVD-by-mail service now has fewer than 1 million subscribers. As of […]

Wellington, Thursday, September 12, 2024-New Zealand introduced a new tax bill on September 8 that includes the introduction of the Organization for Economic Cooperation and Development (OECD) crypto reporting framework. Titled the Omnibus Taxation (Annual Rates for 2024-2025, Emergency Response, and Remedial Matters) Bill (Bill), had its first reading on 29 August 2024. The Bill makes a […]

How The Next Generation Wearables Would Empower Metaverse  The Metaverse and wearables are two interconnected concepts. These two concepts play a prominent role in the realm of Virtual experiences. The Metaverse mainly refers to a virtual living space or a digital space where people can interact. Additionally, they can also interact with computer-generated environments in […]

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 […]

SAN FRANCISCO, Thursday, June 20, 2024- In a significant shift within the technology sector, chipmaker Nvidia on Tuesday surpassed Microsoft to become the world’s most valuable company by market capitalization. In June first week Tesla CEO Elon Musk also pledged that he would buy USD 9 bn worth of chips from Nvidia. On June 13, […]

Catenaa, November 20, 2024-NVIDIA Corporation announced yesterday a record-breaking revenue of $35.1 billion for the third quarter of fiscal 2025, reflecting a 17% increase from the previous quarter and a staggering 94% rise from the same period last year. The company’s growth was largely fueled by soaring demand in the AI and data center sectors, […]

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 […]

New York, Thursday, October 3, 2024-OpenAI has announced that it had secured $6.6 billion in new funding from key investors, including Microsoft, Nvidia, Thrive Capital, and Khosla Ventures. The funding could push OpenAI’s valuation to $157 billion, making it one of the most valuable private companies globally. Thrive Capital led the round with a $1.2 […]

SAN FRANCISCO, CA, Friday, May 31, 2024– Popular tech giant leading in the AI technology OpenAI, said on its blog post on Thursday, May 30 that it had foiled five covert influence operations (IO) attempting to misuse its AI models in the past three months. The disrupted operations originated from various countries, including Russia, China, […]

SAN FRANCISCO, Friday, July 26, 2024- OpenAI unveiled a new search engine prototype on Thursday that aims to challenge Google’s dominance by using artificial intelligence to provide quick, accurate answers to user queries. SearchGPT, as the tool is called, is designed to combine the power of AI with real-time web data to deliver more relevant […]

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 […]

Catenaa, Sunday, December 01, 2024- Oracle has filed a legal complaint, alleging that a cryptocurrency company has violated a previous trademark settlement. The tech giant claims that the crypto firm’s recent actions infringe on the terms of an agreement settled in earlier litigation. Details surrounding the new legal proceedings have yet to be fully disclosed, […]

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 […]

New York, Thursday, September 26, 2024-PayPal has announced a major expansion in its cryptocurrency services, allowing U.S. business accounts to buy, sell, hold, and transfer digital assets.PayPal’s announcement can be reached here. The move, part of PayPal’s growing digital presence, will soon enable millions of merchants across the United States to use cryptocurrencies more freely […]

Catenaa, Saturday, December 07, 2024 – Pepeto, a rising memecoin project, has raised over $1 million during its presale phase, signaling growing interest from the crypto community. The project aims to reshape the memecoin sector by integrating advanced utilities like zero-fee cross-chain trading and token listing services. With a revamped website and plans to launch […]

Catenaa, Thursday, December 26, 2024 – Economist Peter Schiff, a vocal Bitcoin critic, last Monday labeled the cryptocurrency as “the biggest bubble ever,” comparing it to the dot-com boom of the late 1990s.  Schiff noted Bitcoin’s market capitalization has surpassed $2 trillion, eclipsing the $1.7 trillion peak valuation of roughly 400 publicly traded dot-com companies […]

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 […]

Following the news that the Paxos Trust Company will stop issuing the stablecoin BUSD due to being instructed by the New York State Department of Financial Services (NYDFS), PayPal has allegedly delayed the launch of its own stablecoin, reported Bloomberg citing anonymous sources. Legislators and financial regulators have been calling for improved consumer protection, tax […]

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 […]

REDWOOD CITY, Calif. and Redmond, Wash. (Nov. 20, 2023) – Sam Altman, the former CEO of OpenAI, has joined Microsoft as the head of a new in-house AI team. The announcement comes just days after Altman was unexpectedly ousted from OpenAI in a corporate shakeup that shocked the artificial intelligence world. The news closely follows […]

San Francisco, Thursday, September 26, 2024 –CEO of OpenAI Sam Altman is set to receive equity in the company for the first time as part of a significant restructuring, reports say. OpenAI, the company behind ChatGPT, is going through a restructuring process from a non-profit to a for-profit benefit corporation. While the non-profit entity will […]

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 […]

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 […]

Washington, Wednesday, November 06, 2024– The US Securities and Exchange Commission (SEC) has initiated a formal 240-day review period for Grayscale Investments’ proposal to uplist its Digital Large Cap Fund (GDLC) as an exchange-traded product (ETP) on NYSE Arca, according to a company update. The application, filed by NYSE Arca in October, aims to convert […]

New York, Friday, October 11, 2024-The US Securities and Exchange Commission (SEC) has filed a lawsuit against crypto market maker Cumberland DRW, accusing the firm of operating as an unregistered securities dealer. The SEC alleges that Cumberland traded over $2 billion in crypto assets, which should have been registered as securities, since 2018. Cumberland promoted […]

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 […]

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 […]

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 […]

New York Thursday, August 22, 2024-SnapChat and Meta are set to reveal their latest augmented reality (AR) glasses in September, marking a significant step in the ongoing race to dominate the AR market, reports said. Snap Inc. will debut its fifth-generation ‘Spectacles’ AR glasses on September 17 during its annual Partner Summit in Los Angeles, […]

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 […]

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 […]

New York, Tuesday, November 05, 2024- South Korea’s newly established Virtual Assets Committee is set to initiate a high-stakes discussion on Bitcoin Spot ETF approval when it convenes for the first time on tomorrow (November 6). Operating under the Financial Services Commission (FSC), the committee will also explore regulations permitting South Korean companies to utilize […]

Seoul, Friday, November 8, 2024 – In a significant step forward for central bank digital currencies (CBDC), several major South Korean banks and retailers are collaborating with the Bank of Korea (BOK) in an extensive “real-world” pilot program. Leading banks such as Kookmin Bank, Shinhan Bank, and Nonghyup Bank, as well as retail giants like […]

DENPASAR, Bali, Indonesia, Monday, May 20, 2024- SpaceX launched its Starlink satellite-based broadband internet service in Indonesia on Sunday, May 19, 2024. Elon Musk, the CEO of SpaceX and Tesla, arrived in Indonesia on Sunday to launch the internet service in the world’s largest archipelago nation. Starlink aims to provide affordable access to high-speed internet […]

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 […]

Catenaa, Thursday, December 12, 2024- The US Supreme Court on Wednesday declined to block a class-action lawsuit against Nvidia Corp., allowing investors to proceed with claims that the chipmaker misled them about its dependency on cryptocurrency mining.  The high court dismissed Nvidia’s appeal as “improvidently granted,” leaving in place a prior federal appeals court ruling […]

Brussels, Monday, April 1, 2024-The Society for Worldwide Interbank Financial Telecommunication (SWIFT), a global messaging network for banks, is gearing up to launch a new platform for central bank digital currencies (CBDCs) within the next 12 to 24 months, according to a Press release issued by SWIFT. Earlier in September 2023, SWIFT completed a six-month […]

Catenaa, Tuesday, December 03, 2024-The Swiss canton of Bern has approved a groundbreaking bill to investigate Bitcoin mining as a means of utilizing surplus electricity, despite initial resistance from the local government. Proposed by a pro-crypto Parliamentary Group in March, the legislation gained strong support from the 160-member local parliament. This initiative aims to position […]

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 […]

Paris, France – Monday, August 26, 2024-Pavel Durov, the CEO and co-founder of the popular messaging app Telegram, was arrested by French authorities at Le Bourget Airport on Thursday. The arrest stems from an ongoing investigation into Telegram’s moderation practices and its alleged failure to address illegal content such as drug trafficking, child sexual abuse […]

PARIS, Thursday, August 29, 2024- — Telegram CEO Pavel Durov who was arrested last week in France, was indicted by a French court yesterday (Wednesday) on charges including “complicity in the spread of sexual images of children” and drug trafficking, Bloomberg reported. Durov, who was taken into custody earlier in the day as part of […]

New York, Tuesday, October 08, 2024-A new United Nations report highlights that the encrypted messaging platform Telegram is becoming a hub for organized crime in Southeast Asia, exacerbated by the legal issues surrounding its founder, Pavel Durov. Released on October 7, the report emphasizes that underregulated platforms like virtual asset service providers (VASPs) are being […]

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 […]

Los Angeles, Friday, October 11, 2024- Tesla CEO Elon Musk revealed the long-anticipated “Cybercab” robotaxi on October 10, 2024, during an event in Los Angeles. The electric vehicle, featuring gull-wing doors and no steering wheel or pedals, is expected to start production in 2026 and will be priced under $30,000. Musk also introduced a robovan […]

Catenaa, Wednesday, November 13, 2024- Stablecoin issuer Tether announced Novermber 08 that it had completed its first-ever USDT-based crude oil transaction in the Middle East, marking a significant expansion beyond its flagship digital asset. The $45 million transaction, finalized by Tether Investments in October 2024, involved the transport of 670,000 barrels of crude oil between […]

Introduction Gas is simply known as a metric that Ethereum utilizes to measure the computational resources necessary for executing a transaction or smart contract on its network. It plays a crucial role in determining the cost of executing transactions and smart contracts on the Ethereum blockchain. In this article, we’ll explore what gas prices are […]

Apple announced the Apple Vision Pro on June 5, 2023, at its Worldwide Developers Conference (WWDC) in San Francisco, California. The headset is scheduled to be released in early 2024 in the United States and later that year internationally. The Vision Pro is Apple’s first product in another major category since the Apple Watch in […]

Menlo Park, California, Friday, August 04 – Meta Platforms Inc. CEO Mark Zuckerberg said on Friday that the company’s Threads app will soon have search and web functions. Zuckerberg made the announcement in a post on Threads, a short-form messaging app that is designed for close friends and family. He said that the new features […]

Catenaa, Monday, January 20, 2025- TikTok began restoring services Sunday after President-elect Donald Trump announced plans to extend the timeline for enforcing a law banning the app unless ByteDance divests its US operations.Trump cited the app’s popularity and its role in benefiting small businesses as reasons for his decision, saying, “Frankly, we have no choice. […]

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 […]

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 […]

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 […]

New York, Monday, September 02, 2024- Presidential candidate Donald Trump, along with his family and associates, is deepening his involvement in the cryptocurrency world, with a new focus on decentralized finance (DeFi) and non-fungible tokens (NFTs). Recently, Trump has been promoting World Liberty Financial, a DeFi project aimed at eliminating traditional financial intermediaries like banks. […]

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 […]

New York, Monday, October 14, 2024-  World Liberty Financial (WLF), a decentralized finance (DeFi) project backed by former President Donald Trump and his family, will launch the public sale of its WLFI tokens tomorrow (October 15, 2024). This project, which opened its whitelist on September 30, has already attracted thousands of signups, demonstrating significant interest […]

Taipei, Thursday, November 07, 2024 – Taiwan Semiconductor Manufacturing Co. (TSMC) is set to double its production capacity for advanced chip packaging by 2025, a move driven by escalating demand for artificial intelligence (AI) chips from tech giants like Nvidia, Microsoft, Amazon, and Alphabet. The company’s advanced Chip-on-Wafer-on-Substrate (CoWoS) packaging technology is increasingly sought after […]

Catenaa, Friday, January 17, 2025-Taiwan Semiconductor Manufacturing Company (TSMC) announced a strong fourth-quarter performance, with revenue of NT$868.46 billion (US$26.88 billion) for the period ending December 31, 2024. The company reported a 38.8% year-over-year increase in revenue, with net income rising 57.0% to NT$374.68 billion and earnings per share (EPS) hitting NT$14.45 (US$2.24 per ADR […]

London, UK, Monday, February 19, 2024 – The UK economy officially entered a technical recession in the final quarter of 2023, according to data released on February 15 by the Office for National Statistics (ONS). Gross domestic product (GDP) contracted by 0.3% following a 0.1% decline in the previous quarter, marking the first back-to-back decrease […]

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 […]

In recent years, the popularity of cryptocurrencies has surged dramatically, attracting a growing number of individuals and businesses who are keen to invest in digital assets. However, concerns regarding the environmental impact of cryptocurrencies have emerged due to the significant energy consumption associated with conventional mining methods. For instance, in 2022 alone, bitcoin mining consumed […]

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 […]

CUPERTINO, California, Tuesday, January 16, 2024 – The long-awaited Apple Vision Pro headset, Apple’s first major new product category since the Apple Watch in 2015, will finally hit store shelves on February 2nd, 2024, reports said. The mixed-reality device, unveiled at WWDC 2023, sparked extensive industry buzz, and pre-orders began on January 19. The Vision […]

Introduction: Understanding the Basics of Blockchain Layer 3 Blockchain technology has progressed tremendously over the years, giving birth to a multi-layered design to boost speed and scalability. At the core of this design is the notion of blockchain Layer 3, a critical component that extends the capabilities of the blockchain protocol. In this post, we […]

Virtual reality (VR) emulates a real or imagined world through computer-generated environments. These artificial settings, crafted with software, aim to immerse users fully by replicating a realistic experience. Some instances go beyond mere representation, allowing users to suspend disbelief and perceive the virtual environment authentically as accurate. The human brain relies heavily on vision to […]

New York, Wednesday, October 09, 2024- The U.S. Department of Justice (DOJ) is considering asking a judge to order Google to divest parts of its business, such as Chrome and Android, in response to allegations of maintaining an illegal monopoly in online search. This comes after a judge ruled in August that Google, responsible for […]

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, Friday, August 02, 2024- A US appeals court on Thursday temporarily blocked the Federal Communications Commission’s (FCC) attempt to reinstate net neutrality rules, dealing a significant blow to President Joe Biden’s efforts to revive regulations scrapped under the Trump administration. The Sixth Circuit U.S. Court of Appeals ruled that broadband providers are likely to […]

Catenaa, Friday, November22, 2024- The US Department of Justice (DOJ) yesterday called on Google to sell its Chrome browser and halt contracts with companies like Apple and Samsung that make its search engine the default, as part of a proposed remedy to curb the tech giant’s monopoly in online search.  The DOJ, joined by several […]

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, Monday, October 28, 2024 – US authorities are intensifying scrutiny on Tether, the issuer of the world’s largest stablecoin, over potential involvement in criminal activities, according to The Wall Street Journal. The US Attorney’s Office for the Southern District of New York is reportedly examining whether third parties are using Tether’s USDT stablecoin […]

Catenaa, Monday, December 09, 2024-The US Senate Banking Committee is scheduled to vote on December 11 regarding the renomination of Securities and Exchange Commission (SEC) Commissioner Caroline Crenshaw, known for her strong opposition to cryptocurrency developments. Crenshaw, who joined the SEC in 2020, has been vocal in her criticism of crypto-related initiatives. Earlier this year, […]

Catenaa, Saturday,January 18, 2025 –The US Supreme Court has upheld a law banning TikTok unless its Chinese parent company, ByteDance, sells its US stake by tomorrow January 19, 2025. The unanimous ruling dismissed TikTok’s argument that the ban infringes on First Amendment rights, citing national security concerns tied to the app’s data practices and links […]

New York, Tuesday, October 22, 2024-The US government yesterday announced that it is finalizing rules to ban specific investments in artificial intelligence (AI) in China. The move, which also requires US investors to notify the Treasury Department about certain investments in sensitive technologies, follows an executive order signed by President Joe Biden in August 2023. […]

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, Wednesday, August 6, 2024- The seven most valuable U.S. tech companies lost a combined $1 trillion in market value at the start of trading on Monday, deepening a market downturn that has pushed the Nasdaq into correction territory. The tech-heavy index dropped more than 3% following its steepest three-week slide in two years, […]

SAN FRANCISCO, Tuesday, July 30, 2024- Visa Inc. has successfully deployed artificial intelligence to prevent a staggering $40 billion in fraudulent transactions over the past year, a company executive said Thursday. The payment giant’s use of AI and machine learning has been instrumental in combating a surge in cybercrime that has nearly doubled in recent […]

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, […]

SINGAPORE, Thursday, August 29, 2024- Indian cryptocurrency exchange WazirX has requested a six-month moratorium from the Singapore High Court following a $234 million hack in July. The court filing seeks protection while the company restructures its liabilities and develops a recovery plan for users affected by the cyberattack. WazirX’s Singapore-incorporated parent, Zettai Pte, stated that […]

 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 […]

Humans wrap themselves in different materials to explore different environments. For example, divers put on wetsuits, while astronauts wear spacesuits. Similarly, cryptocurrencies require a form of wrapping to venture off into other blockchains. Hence Cardano cBTC. What is Cardano cBTC? Cardano cBTC is a cryptocurrency that is built on the Cardano blockchain and is a […]

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 […]

Virtual worlds were once only seen in science fiction, but with technological advancements, these imaginative realms are becoming a tangible possibility. It may be soon that you or an avatar representing you can venture to the edge of the Milky Way with your companions while enjoying the comfort of your home through virtual reality.Most of […]

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 […]

On July 5 2023, Meta, the parent company of Facebook and Instagram, unveiled its latest communication platform: Threads. This launch marked a significant milestone in the world of social media, drawing attention for several compelling reasons.  Firstly, any new application introduced by Meta, the industry giant in the realm of social media, naturally piques curiosity […]

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 […]

Zurich, Switzerland, Thursday, September 05, 2024- Zurich Cantonal Bank (Zürcher Kantonalbank or ZKB) yesterday announced that it had introduced trading and custody services for Bitcoin (BTC) and Ethereum (ETH) service for its retail clients and third-party banks. ZKB is ranked as the world’s second safest bank by Global Finance  and is the fourth-largest bank in […]

Seoul, South Korea, Friday, September 27, 2024- Worldcoin Foundation and Tools for Humanity have been fined $850,000 by South Korean authorities for illegally collecting and transferring biometric data. The Personal Information Protection Commission announced the fine on Thursday, following an investigation into the collection of iris scans from nearly 30,000 users without proper consent or […]

New York, Friday, 18, 2024-Sam Altman-backed Worldcoin has officially rebranded as World Network, or World, and launched its World Chain mainnet on October 17, 2024. The Layer 2 blockchain, secured by Ethereum, aims to expand the project’s mission of providing digital identity verification through World ID. World ID allows users to verify their humanity via […]

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 […]

Catenaa, Wednesday, December 06, 2024-Ripple’s XRP soared 30% Monday, overtaking Tether (USDT) to become the third-largest cryptocurrency by market capitalization. The token’s market cap reached $137.4 billion, surpassing USDT’s $134.3 billion, as XRP climbed to $2.46. This marks a 375% surge in XRP’s value over the past month.  The rally was fueled by multiple developments, […]

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 […]

Wednesday, June 19, 2024 – The Chinese-based semiconductor integrated device manufacturer, Yangtze Memory Technologies Corporation (YMTC), has recently announced the surge in demand for its flash memory chips among local customers. It is reported that YMTC’s flash memory chips are widely utilized for government and military-based projects. “YMTC has never supplied its technology or products […]

New York, Friday, October 4, 2024-YouTube, a subsidiary of Alphabet Inc.’s Google, mistakenly banned accounts and removed channels globally, leaving users without access. On Thursday, the platform confirmed the issue and said it was working on reinstating the affected channels and restoring paid services like YouTube TV and YouTube Premium. Users worldwide, including from the […]

The need for privacy is increasing. People are worried about their personal data being exposed and getting hacked. This is worrisome for many because it could risk their jobs, titles, and even lives. The risks that come with a lack of privacy should not be taken lightly. Without privacy, individuals may find themselves exposed to […]

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 […]