Revolut not happy with how fintech deals with audit red flags: Report
30.3.2023
Revolut reportedly issued a public statement and hired lawyers in March in order to prove “misreporting” of the audit opinion by BDO
Connext and Linea partner to securely scale Ethereum
30.3.2023
Connext and Linea have joined hands with the objective of securely scaling Ethereum. Both partners bring their specialties to the table. For instance, the zkEVM architecture of Linea pushes the limitless boundaries of cost and scalability. Similarly, the cross-chain features of Connext facilitate...
Axie Infinity creator works with studios to push Web3 adoption through new games
30.3.2023
Sky Mavis head of business development Kathleen Osgood told Cointelegraph that their goal is to onboard as many people into the ecosystem as possible
Axie Infinity’s Ronin Blockchain Overhauls Tech, Expands to New Game Studios a Year After $625M Hack
30.3.2023
Ronin will transition to a delegated proof-of-stake consensus mechanism and expand beyond Axie Infinity’s IP
Sam Bankman-Fried's Legal Expenses Paid by Alameda Money He Granted to His Father – What's Going On?
30.3.2023
The founder of the now infamous FTX exchange, Sam Bankman-Fried, has allegedly used the $10 million he had sent to his father while still the CEO of the fallen exchange for his legal fees.
Forbes reported, citing "two sources close to the company", that in 2021, while he was still the FTX...
Blockchain and regulated stablecoins to be widely used by 2030, industry execs say
30.3.2023
Digital regulatory professionals have predicted the wide use of stablecoins throughout the world by the year 2030, despite the current competition between TradFi and DeFi
ERC-4626 Alliance fosters collaboration & enhances ERC-4626 standard
30.3.2023
Considering the sheer force of standards, it becomes imperative for an overall wider endorsement that happens to be required for them to be able to create a greater impact. In the case of the previous endorsers of the ERC-4626, they have declared the 4626 Alliance, wherein a group of 4626 builders...
Bank of Japan Boss Hints CBDC & Stablecoins Can Coexist – Is Japan Edging Toward a CBDC Rollout?
30.3.2023
The central Bank of Japan (BoJ) has stated that regulated stablecoins and a forthcoming central bank digital currency (CBDC) can coexist – and has given the clearest signal so far that Japan will launch a digital yen.
The Japanese media outlet CoinPost reported that BoJ Governor Haruhiko Kuroda...
Hong Kong-Based Fund Set to Raise $100 Million for Web3 Startups Amid City's Crypto Revamp
30.3.2023
A new Hong Kong-based fund is set to raise $100 million to invest in crypto companies as the city is accelerating toward its goal of becoming a global crypto hub with a more friendly regulatory stance.
The ProDigital Future Fund has already secured $30 million in commitments from major Asian...
Ethereum devs set date for Shapella fork and mainnet announcement
30.3.2023
Ethereum Foundation’s support team has published an official blog post to announce a major update for Shapella. The 157th AllCoreDevs Execution Layer meeting was held recently, and it has been decided that the mainnet update will go live on April 12, 2023, at 22:27:35 UTC. That is when the epoch...
Chatgpt More Useful Than Crypto, Nvidia Tech Chief Says
30.3.2023
Unlike AI applications such as Chatgpt, cryptocurrencies do not bring “anything useful,” a top executive of U.S. chip maker Nvidia is convinced. The comment comes despite his company making significant sales in the space where its powerful processors are widely used to mint digital...
Japan's Finance Ministry to Explore Digital Yen Feasibility: Report
30.3.2023
The ministry plans to launch an expert panel next month to explore the feasibility of a central bank digital currency