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Elliptic Report Reveals $7 Billion in Crypto Laundering via DEXs and Bridges


A recent report from blockchain surveillance firm Elliptic has uncovered that $7 billion in "illicit or high-risk funds" has been laundered through decentralized exchanges (DEXs), cross-chain bridges, and non-KYC exchanges. This staggering sum was already reached by July of this year, exceeding...

Crypto Exchange Bybit Launches Derivatives Products in South Africa


Bybit announced on Oct. 2 that it will be offering its crypto derivatives products in South Africa through Money Doc which acts as the crypto exchange’s “juristic representative.” The crypto exchange said its on-ramp service enables South African users to make deposits in local...

Bitcoin to go live in Cosmos with nBTC via Nomic integration


Nomic has announced that it is taking Bitcoin live in the ecosystem of Cosmos, making it accessible for applications and other platforms to leverage the digital capabilities of the native token. Users can deposit Bitcoin in applications like Levana and Kujira, to name a few. The announcement...

How to Detect Failed Requests via Web Extensions


One of the best things that ever happened to t he user experience of the web has been web extensions. Browsers are powerful but extensions bring a new level of functionality. Whether it’s crypto wallets, media players, or other popular plugins, web extensions have become essential to every...

ICC partners with NEAR Foundation to engage fans via Web3


ICC has announced a multi-year partnership with the NEAR Foundation. The objective is to deepen engagement with cricket fans during the upcoming ICC ODI World Cup 2023, which India will host. Following the tournament’s conclusion, the ICC and NAR Foundation will work to strengthen the loyalty...

Nigerian Web3 Startup Nestcoin Secures $1.9 million in Funding


The Nigerian Web3 startup Nestcoin has reportedly secured a total of $1.9 million in funding from both existing and new investors. The capital raised will be used to bolster Nestcoin’s finances and further develop the startup’s non-custodial wallet. Impact of FTX’s Collapse...

Colorado DMV Accepts Crypto Payments Through Paypal


The Colorado Department of Motor Vehicles (DMV) has announced it accepts cryptocurrency for its online services via the payment processor Paypal. Besides paying local taxes with coins, residents of the crypto-friendly state will be able to use their digital cash to renew driver’s licenses...

Circle Partners With Mercado Pago to Offer USDC to Chilean Customers


Circle, a financial services company, has announced a new partnership with Mercado Pago, Mercado Libre’s digital payments wallet, to bring the USDC stablecoin to its Chilean customers. The partnership will allow millions of users in Chile to access USDC via Mercado Pago’s services...

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