Weekly Digest

Ripple’s $125 Million Settlement with SEC: Ripple’s Strategy for Appeal and Future Prospects

Ripple's legal team requested a stay on the judgment and proposed depositing 111% of the settlement amount into a bank account. The Ripple-SEC crypto crackdown has rocked the...

Nigeria Embraces Digital Economy: Civil Society Applauds Groundbreaking Crypto Tax Proposal

Zacch Adedeji's proposal aims to modernize Nigeria's crypto tax laws for the digital age. Nigerian CSOs back the proposal as a progressive...

Meta Workplace App Phased Out in Favor of AI and Metaverse Development

Meta Platforms will discontinue the Meta Workplace app by June 2026 to concentrate on AI and metaverse technologies. Meta aims to leverage...

August 2024 NFT Market Crash: Examining the 41% Sales Decline and Future Prospects

The NFT market decline shakes August 2024 as sales by 41.36% to $376.30 million, and transactions fell to 7.45 million, reflecting a 50%...

August 2024’s Crypto Crisis: A Deep Dive into the Hacks Rocking the Digital Asset World

Over 10 assaults cost $313 million in August, highlighting weaknesses and the need for better protection. Crypto hacks costs over 93.5% of money ($293.4 million), emphasizing the need for user education and awareness. Phishing on major cryptocurrencies, the Ronin Network breach, and Nexera's smart contract vulnerability demonstrate hacker techniques and the need for solid security. The digital asset landscape is in turmoil, rocked by a surge in crypto hacks that have...

Holon: Leading the UAE’s Revolution in Decentralized Data Storage and Sustainable Energy

Holon, an Australian company in Dubai, leads in AI and Web 3.0 innovations, transforming data storage with decentralization and sustainable energy. Decentralized storage...

AI Agents Go Autonomous: Coinbase’s Pioneering ‘AI to AI’ Token Purchase and Its Implications

Coinbase AI to AI transaction system, announced by CEO Brian Armstrong, highlights progress in crypto and AI integration. The transaction used AI-specific tokens...

GalaChain’s Innovative Fee Model Promises Major Cost Savings for Users

The new GalaChain transaction fees offer stable, lower costs than traditional blockchains. Transactions on GalaChain are much cheaper than Ethereum, costing 2-4 cents...

Capgemini’s Constellation ShortList™ Recognition Highlights Their Innovation Edge

Capgemini Metaverse has been recognized on the Constellation ShortList™ for Metaverse Design and Services for Q3 2024. The metaverse offers immersive experiences and...

Gateway App’s Ija Brings African Legends to Life in a Groundbreaking Blockchain Fighter Game

Gateway App has launched "Ija," an NFT fighter game combining blockchain tech with African mythology. The game is part of the NFT gaming...

September Crypto Presales Spotlight: Pawfury and Blockdag Offer Unmatched Opportunitie

2024 is pivotal for crypto presales, providing early investors with opportunities for high returns before public token launches. PawFury coin is dual-chain compatible...

Kenya’s $500 Million GBS Market: The AI Revolution You Can’t Afford to Miss!

Kenya's annual GBS market, worth over $500 million, rapidly evolves with modern AI leadership and integration. Local startups are successfully leveraging AI to...

OKX Wallet and Forbes Web3’s Legacy Pass NFT Offers Exclusive Access and Networking

OKX Wallet and Forbes have launched the Legacy Pass NFT to connect innovators and leaders in Web3. Limited to 1,917 units, the Legacy...

Secure Your Crypto Future: Nigeria’s Upcoming Licensing Regime Could Change Everything

Nigeria SEC will start issuing licenses for cryptocurrencies and digital assets this month to regulate and standardize the market, aiming to reduce risks...

BlackRock’s ETHA Sets New Benchmark in Crypto ETFs!

BlackRock's ETHA is the first Ethereum ETF to surpass $1 billion in net inflows, marking a significant achievement in the ETF market. ETHA...

Quidax’s SEC License: Setting a New Standard for Cryptocurrency Regulation in Nigeria

Quidax Crypto Exchange has received the honours of the first Nigeria crypto license, setting a precedent for regulatory control in the digital asset market. The license is expected to boost investor confidence, attract foreign investment, and foster growth and innovation in Nigeria's crypto market. With legal recognition and regulatory certainty, Nigeria is well-positioned for greater Bitcoin use and incorporation into the financial system. The Nigerian Securities and Exchange Commission (SEC) has made...

KUNA’s Battle Against Ukraine’s Crypto Regulations: What Lies Ahead?

The Ukraine crypto market has seen unprecedented potential but is facing significant challenges. Michael Chobanyan, the founder of KUNA, has made a bold statement,...