Weekly Digest

August Token Unlocks: XRP, AVAX, and More Worth $1.5B

August 2024 will see nearly $1.5 billion in token unlocks, including notable releases of XRP and Avalanche AVAX tokens. XRP token will have...

Bitcoin Dips Amid Political Developments and Upcoming Central Bank Meetings

The recent bitcoin price surge in late July was influenced by political and economic developments. Federal Reserve, Bank of Japan, and Bank of...

El Salvador Bitcoin trade adoption with Russia

The El Salvador Bitcoin Trade proposal for Russia may open a path to evade international sanctions and maintain trade connections. El Salvador sees...

Dutch Crypto Regulation: Dutch Finance Ministry Rejects AFM’s Funding Boost for Crypto Oversight

 In new European legislation like MiCA, the Dutch finance minister has rejected AFM requests for extra money to manage the crypto industry. The AFM claims that new requirements require more money, while the ministry prefers a minimum regulatory approach and considers extra spending politically unrealistic. ...

South African Crypto Marketplace Raises $1.64 Million, Fuels Financial Innovation

The Mesh.trade led the South African Crypto Asset Marketplace to raise $1.64 million, demonstrating the growing importance of distributed marketplace solutions. The capital raising by Water Financial, a reverse mortgage provider, drew well-known investors, demonstrating the sector's credibility and growth potential. South Africa's combination of traditional banking infrastructure and fintech technologies positions it to lead the global shift toward digital financial solutions, promising crypto and DeFi's future. The...

Abu Dhabi Launches Blockchain Center to Revolutionize Blockchain Innovation

Abu Dhabi has launched a new Blockchain Center to position itself as a global blockchain technology and innovation leader. The center seeks to...

AI’s Influence on Game Design: From Content Creation to Ethics

AI in game development offers tools and solutions that enhance creativity, efficiency, and player experiences. Nvidia AI gaming tools and generative AI are...

AI-as-a-Service: Omnix’s Solution for Cost-Effective, Scalable AI Integration

Omnix International's new Conversational AI-as-a-Service simplifies AI deployment, making it accessible to businesses of all sizes. AI-as-a-Service allows businesses to utilize advanced AI...

Argentina Cracks Down on Crypto Crime with Major Raids

The new crypto regulation presents challenges and opportunities for crypto businesses and investors in Argentina. Argentina witnessed $85.4 billion in crypto transactions last...

WazirX Hack Exposes Crypto Security Gaps: $235 Million Stolen

The WazirX hack resulted in a $235 million loss by compromising the exchange's Safe Multisig wallet. Safe multisig wallets improve security by requiring several private keys to enable transactions. The breach was funded using distributed protocols for private transactions, such as Tornado Cash, which complicates attempts to track the pilfers. Crypto hacks have been a...

Putin’s Concerns: Crypto Mining Threatens Russia’s Energy Security

Crypto mining in Russia ranks second worldwide, with at least 16 billion kilowatt-hours of electricity annually. President Vladimir Putin worries about uncontrolled crypto mining causing outages and energy...

Nigeria’s Crypto Industry Faces Decline with OKX Exit Announcement

The exit of the OKX Crypto Platform from Nigeria due to legal problems highlights the difficulties of crypto exchanges in that country. ...

CVVC Report Highlights Seychelles, South Africa’s Blockchain Investment Dominance

Seychelles and South Africa led African blockchain funding with 95% of the continent's total by the end of 2023. Nigerian startups received...

Introducing Cardano CIP25 Metadata Validation, which Enhances NFTs

Cardano CIP25 metadata processing set to improve NFTs and AMMs. With Plutus smart contracts, you can create dynamic NFTs and play complex...

Meta Integrates Generative AI to Transform Metaverse Gaming Experiences

Meta is revolutionizing metaverse gaming by integrating advanced generative AI into VR, AR, and mixed-reality games, aiming for unique and evolving gameplay experiences. ...

Innovative COLLE AI App Revolutionizes Mobile NFT Creation and Trading

The COLLE AI mobile app offers a powerful platform for NFT creation and trading directly from mobile devices, utilizing AI technology to streamline...