The tech giant Amazon has sealed a strategic partnership with the AI startup Anthropic and has committed to investing approximately $4 billion in the startup. This...
Mitsubishi UFJ Trust and Banking, a prominent financial institution in Asia, is exploring the possibility of creating a new stablecoin in collaboration with Binance Japan and...
The Federal Republic of Nigeria in 2021 joined the list of about 130 countries exploring the Central Bank Digital Currency (CBDC) initiative by launching the eNaira....
The Hong Kong Securities and Futures Commission is set to put in place new and additional measures to ensure consumer protection citing risks of dealing with...
The Bankrupt Bitcoin Miner Core Scientific has announced that Bitmain is committing to invest $53.9 million in the company. This commitment involves a combination of equity...
Linear Finance reported an attack that resulted in the draining of all ℓUSD liquidity on two key DEXs, PancakeSwap and Ascendex. As a result, the attack...
The United Kingdom Financial Conduct Authority (FCA) in a letter issued a “final” warning to cryptoasset firms marketing or offering services to UK consumers. It specifically...
The defunct crypto exchange Mt. Gox, which shut down almost 10 years ago, has postponed its repayment to a later date. The exchange announced moving the...
Busan, the second-largest city in South Korea, is making notable advancements using blockchain technology. The city is constructing a blockchain mainnet at the city level that...
The Nigerian cryptocurrency industry has displayed persistent growth and heightened adoption. In the year 2022, Nigeria led the search for cryptocurrency-related information; out of 15 countries...
The DeFi ecosystem is not without its challenges, with liquidity being a key concern. Two primary issues identified by Gabija Tuinaite are fragmentation and capital efficiency....
At the just concluded Stakeholders’ Policy Dialogue, held by the National Information Technology Development Agency (NITDA) in collaboration with the Stakeholders in Blockchain Technology Association of...
Circle, the firm behind the stablecoin USDC, has announced the launch of its new service Programmable Wallets. The newly launched product marks the first product in...
Huobi exchange announced support for the Paxos newly launched stablecoin PYUSD. The exchange announced that it will be the first to support the launch of the...
The crypto exchange KuCoin has announced an upcoming upgrade in its standard user identity verification procedure. The new upgrade will be enforced from August 31, 2023. ...
The renowned payment platform PayPal Holdings Inc. is launching a stablecoin, PayPal USD (PYUSD). The institution seeks to establish its dominance in digital payments through a...
In response to headlines suggesting Elon’s social platform X could have a crypto token, Elon Musk has clarified that there are no intentions of issuing...
An asset management firm, Valkyrie has filed to convert into a Bitcoin and Ether ETF on Oct 3rd. The firm’s proposed launch date is two weeks...
The global ETF provider Global X has joined other industry players aiming to offer bitcoin-based ETF. The firm filed an application to list a spot-bitcoin exchange-traded...
