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CoinGecko Expands Services with Acquisition of NFT Data Provider Zash

22.11.2023
Source: iStock Crypto-price aggregator CoinGecko has acquired Zash – a non-fungible token (NFT) data infrastructure platform – to help bring data monitoring for both fungible and non-fungible tokens under one roof. Terms of the deal remain undisclosed, but it marks the first of its kind for...

Circle Launches Bridging Standard for Stablecoin Deployment on New Networks

22.11.2023
Source: Circle In a first-ever announcement in the stablecoin ecosystem, Circle, makers of USDC, has released a bridging standard for its digital token. Making the announcement in a November 21 blog post, the fiat-backed stablecoin maker pointed out the need to help developers bootstrap stablecoin...

Nigeria’s Fintech Startup Paystack Cuts Workforce, 33 Employees to Depart

18.11.2023
The Nigerian fintech startup, Paystack, will be scaling down its operations outside Africa. In addition, Paystack will part ways with at least 33 employees based in Europe and the United Arab Emirates. Co-founder Shola Akinlade has promised to help affected employees secure new roles elsewhere....

Microsoft and Tencent Join Forces with Infura for Blockchain Infrastructure

16.11.2023
Microsoft Office / Source: Adobe Crypto infrastructure giant Infura is taking its first step toward decentralizing core components of its service following years of criticism that the company is a ‘single point of failure’ for Ethereum. Over a dozen Web2 giants including Microsoft and Tencent have...

IMF head: CBDCs can replace cash, help financial inclusion

15.11.2023
International Monetary Fund Managing Director Kristalina Georgieva urged the public sector to “keep preparing to deploy” central bank digital currencies

Russian Trade Ministry ‘Develops Tool That Lets Crypto Miners Evade Sanctions’

15.11.2023
Source: Oksana/Adobe Russia’s trade ministry says it has developed a tool that can help crypto miners evade Western sanctions. In a DumaTV post on the RuTube video-sharing platform, lawmakers explained that the Ministry of Industry and Trade had “developed a tool for conducting industrial mining...

Bankrupt Crypto Lender Genesis Seeks Court Help to Reduce Settlement Payout to 3AC

10.11.2023
Source: Pexels Digital Currency Group’s (DCG) subsidiary Genesis Global is seeking approval from the US court to revise its settlement agreement with the bankrupt Three Arrows Capital Ltd (3AC). According to a document filed on November 9 with the US bankruptcy court of the Southern District...

Can crypto Privacy Pools help balance privacy and regulation?

9.11.2023
When it comes to privacy and regulation, could Vitalik Buterin’s Privacy Pools be the answer?

Kenyan Blockchain Association Told to Help Draft Regulation Bill, ‘Demystify’ Crypto

9.11.2023
The Blockchain Association of Kenya has been asked to help create the country’s first draft bill on crypto asset regulation. The National Assembly’s Departmental Committee on Finance and National Planning also asked the association to undertake “robust public education on cryptocurrency...

Ritual Secures $25 Million in Seed Funding to Decentralize AI

8.11.2023
Source: Pixabay AI platform Ritual obtained a $25 million capital injection in a Series A funding round led by Archetype, with assistance from Accomplice and Robot Ventures. The company announced on its website that the funds would help “expand our team, start growing our developer network,...

Access to DeFi Opportunities Is Under Threat From Within. Automation Can Help

8.11.2023

Today in Crypto: opBNB Becomes 2nd Most Popular L2 per DAU, Ripple Reveals Upgraded Ripple Payments, Bitwala Relaunches With Striga’s Help

8.11.2023
Source: AdobeStock / JeanLuc Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Blockchain news BNB Chain’s Layer 2, opBNB, has experienced on-chain growth and became the second most popular L2...

China Mulls Digital Yuan Settlements for Commodities

7.11.2023
The People’s Bank of China (PBOC) is considering using the digital yuan to settle services and commodities trades with Hong Kong. According to Di Gang, deputy director-general of the Digital Currency Institute of the PBOC, this would help companies avoid the difficulties of using a single...

Kraken Said to Seek Partner to Help Build It a Layer 2 Blockchain Network

7.11.2023
The crypto exchange is still considering which blockchain developer should build its network, with Polygon, Matter Labs and the Nil Foundation in the mix, according to people familiar with the situation. Rival crypto exchange Coinbase blazed the trail with Base

How blockchain, AI can help research into extending human life

6.11.2023
Jasmine Smith, chief executive of Web3-based wellness app Rejuve.AI, told Cointelegraph that decentralized and AI-powered platforms for health research do not aim to replace doctors and clinicians but rather help them in their work

Bittrex Global CEO Supports UK Treasury’s Crypto Regulation Steps – Here’s the Latest

6.11.2023
Bittrex Global CEO Oliver Linch has voiced support for the UK Treasury’s recent crypto asset regulation proposals, arguing that they could help the country achieve its goal of becoming a leading hub for digital assets. In a recent interview, Linch, a former solicitor at Shearman &...