South Africa: FCSA Warns Traders About FTX and ByBit Exchange


Governments and financial institutions are formulating regulatory frameworks to regulate the crypto industry. The trend was witnessed most recently in South Africa, where financial regulators warned crypto traders about using the FTX crypto exchange. As one of the most well-known crypto exchanges...

BTC, ETH, and NFT Won’t Be Legalised, Says Finance Secretary of India


India has always been one of the few countries that have expressed hostility towards cryptocurrencies as a threat to the nation’s economy. In a public speech a few months ago, the prime minister of India, Narendra Modi, expressed the government’s stance against decentralized finance....

Augmented Finance Integrates ChainLink for Improved Protection


Following other crypto projects, Augmented Finance has entered a partnership with ChainLink to improve the performance of its platform across blockchains. It is not easy to sustain a successful platform amidst the growing competition in the DeFi sector. So, firms are increasingly looking...

Major Crypto Exchanges Ready to Work in Russia Under Proposed Rules, Report


Leading exchanges, polled by the Russian press, have indicated they are not afraid of the upcoming strict crypto regulations. A requirement for coin trading platforms to establish a local office is one of the proposals in a regulatory roadmap drafted by the government in Moscow. Cryptocurrency...

Grammy Winner John Legend Enters NFT Market with OurSong


NFTs have become more than a fashionable thing in the past few years. Particularly, in 2021, the NFT trading volume has grown to $13 billion from $33 million in 2020. This research data by The Block reports that the NFT market posted a whopping 43,000% growth in just a year. Following this growth...

Megaverse Joins Polygon with Aim to Add 10 Million Users


Polygon was founded as a platform that could offer scaling tools and infrastructure for Ethereum. However, the project soon expanded its plans to create an Internet of blockchains for this growing industry to enhance interoperability—the line of partnerships and integrations with some of...

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