Tag: top news

Metaverse Regulation: The Bank for International Settlements’ Advocacy for a Balanced Approach

The Bank for International Settlements has emerged as a proponent of regulatory measures to safeguard the integrity of the burgeoning VR economy. Metaverse...

MetaMask and Robinhood Collaboration: Simplifying Crypto Transactions for Global Users

MetaMask, a leading self-custodial wallet provider, recognizes this need and has recently forged a groundbreaking partnership with Robinhood. By leveraging Robinhood Connect, MetaMask...

The Blockchain Association of Kenya Pioneers Regulatory Innovation with VASP Bill

The Blockchain Association of Kenya (BAK) unveils Kenya's inaugural community-driven Virtual Assets Service Provider (VASP) draft bill. Allan Kakai, BAK's Director of Public...

Sui Foundation: Shaping the Future of DeFi with Innovative Blockchain Solutions

In Decentralized Finance (DeFi), Sui has emerged as a formidable player, swiftly ascending the ranks to claim a spot among the top 10...

Genesis Global Capital’s Bankruptcy Proceedings: Liquidating $1.6 Billion Trust Assets

The request from Genesis Global Capital and its affiliated debtors underscores the critical importance of selling off approximately $1.4 billion worth of GBTC...

Ripple Exchange Faces Cyber Nightmare: $112 Million Stolen in Historic Hack

Crypto hackers target Ripple Exchange's co-founder, Chris Larsen, making off with a staggering $112 million in XRP. The XRP ledger underpins its...

Eversend’s Financial Empowerment Journey: Reshaping Uganda’s Fintech Narrative

Eversend has recently introduced a B2B crypto-fiat payments application, allowing businesses to accept cryptocurrency seamlessly. In 2021, the startup processed a remarkable...

Visa Debit Card and Transak: Pioneering Seamless Crypto-to-Fiat Conversions Globally

Visa expanded its support for USDC payments settled on the Solana blockchain, showcasing its commitment to diversifying support for stablecoins. Visa's collaboration...

PeckShield’s Report: Blockchain Security Gains Ground, Recovers $674 Million in 2023

Blockchain security firms only recovered about $133 million in 2022, while in 2023, experts traced and recovered $674 million. According to PeckShield, the...

Cristiano Ronaldo NFTs Stands Strong Amid Legal Challenges: Binance Fulfills Promises

On January 25, Binance released a video of Ronald playing football with seven fans and holders of the cr7 NFT collection. Alongside Ronaldo,...

Metaverse Standardization Group: China’s Strategic Approach to Virtual Reality Regulation

The Chinese government announced the creation of the Metaverse Standardization Group. On September 11, 2023, MIIT unveiled the nation's ambitious Three-Year Action...

Web3 Dreams in Africa: Core DAO Launches African Innovation Fund to Support Local Builders

Core DAO has officially announced the launch of the African Innovation Fund. According to Core Chain, the African Innovation Fund will have at...

Avalanche and Fonbnk Forge Partnership to Accelerate DeFi Adoption in Africa

Fonbnk, a renowned African DeFi organization, has officially announced a partnership with Avalanche, a crypto firm. Fonbnk will make its no-code, low-code,...

Tether Faces Allegations of Fueling Illicit Activities: A Deep Dive into the UN Report

Tether, touted as the world's leading stablecoin, finds itself at the epicentre of a disturbing surge in illegal activities, as underscored by the...

Ripple Partner SBI Holdings Sets Sail in NFT Space with XRPL Launch

SBI Holdings, in collaboration with Ripple, intends to venture into the NFT marketplace by launching its NFTs on the XRP ledger.  In 2017,...

Worldcoin and FWD DAO Team Up to Explore the Paradox of Personhood

All Worldcoin projects hinge on the PoP mechanism as a response to the threat of Web3 democracy. The WorldCoin and FWD partnership, dubbed...