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Unizen Pledges Reimbursements After $2.1M Loss in Platform Breach
11.3.2024
Unizen has taken swift action in response to a recent security breach that resulted in the loss of approximately $2.1 million in user funds.
The post Unizen Pledges Reimbursements After $2.1M Loss in Platform Breach appeared first on Cryptonews
Mudrex to Offer US Spot Bitcoin ETFs to Indian Investors
11.3.2024
Mudrex, an Indian cryptocurrency investment platform, has announced plans to offer US spot BTC ETFs to institutional and retail investors in India.
The post Mudrex to Offer US Spot Bitcoin ETFs to Indian Investors appeared first on Cryptonews
Turbo Trump Meme Coin Soars 22,589%, Eco-Friendly Bitcoin ICO Hits $3M Milestone
11.3.2024
The new Turbo Trump meme coin has rocketed by over 20,000% in the past 24 hours, with the Base blockchain-based token listing on SushiSwap yesterday.
The post Turbo Trump Meme Coin Soars 22,589%, Eco-Friendly Bitcoin ICO Hits $3M Milestone appeared first on Cryptonews
Blockchain Life Forum 2024 in Dubai: Find out how to make the most of the current bull run
11.3.2024
The highly anticipated Blockchain Life Forum 2024 is set to take place in the vibrant city of Dubai on April 15-16. Welcoming industry professionals and crypto enthusiasts from around the world, this legendary event promises to be an unforgettable experience. This time, the forum’s central...
China’s Shandong Province Introduces Digital Yuan Loan for Entrepreneurs
11.3.2024
Shandong Province offers entrepreneurs digital yuan loans, indicating China's push for digital economy amidst discussions on legal frameworks at the ongoing national legislative conference.
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MakerDAO Approves Emergency Fee Hikes in Response to DAI Stability Concerns
11.3.2024
BA Labs submits an emergency rate adjustment proposal in the MakerDAO forum to raise fees, aiming to stabilize DAI against market turbulence and shrinking reserves.
The post MakerDAO Approves Emergency Fee Hikes in Response to DAI Stability Concerns appeared first on Cryptonews
South Korea’s Crypto-keen K Bank Aims for IPO Amid BTC Boom
11.3.2024
K Bank, a South Korean neobank that has seen rapid growth thanks laregely to its crypto operations, is set to make an initial public offering (IPO) bid.
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Nigerian Central Bank, Real-World Asset Firm Partner to Revive Struggling CBDC
9.3.2024
Gluwa, a platform for real-world assets, announced on March 7 its partnership with the Central Bank of Nigeria. The partnership arrangement aims to improve the functionality of the Nigerian central bank’s digital currency and promote financial innovation through blockchain technology. Improving...
Goldman Sachs Upgrades Coinbase to Neutral as Bitcoin Prices Rally
8.3.2024
Wall Street giant Goldman Sachs upgrades Coinbase stock (COIN) from "sell" to "neutral" as Bitcoin surges. Analysts link the upgrade to the current cryptocurrency market rally and note similar jumps in Bitcoin-linked stocks like MicroStrategy.
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Virtual Smartphone App Aphone on Solana Revives Old Devices in Emerging Markets
8.3.2024
A novel Aphone app running on Solana's blockchain brings Web3 applications and powerful tools to resource-limited devices. This virtual smartphone solution uses decentralized cloud infrastructure and focuses on users in developing economies where older smartphones are prevalent.
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Tether to Collaborate With Uzbekistan on Developing Crypto Infrastructure Projects
8.3.2024
Tether, one of the largest stablecoin companies, announced a collaboration with the government of Uzbekistan to develop cryptocurrency and communication projects. The memorandum of understanding (MoU) signed between the parties encompasses issuing a comprehensive crypto legal framework, developing...
Do Kwon Extradition To South Korea Challenged Again By U.S. Prosecutors
8.3.2024
Terra founder Do Kwon has been caught in a legal battle between the United States and South Korea over which nation gets to extradite the crypto mogul to their turf.
The post Do Kwon Extradition To South Korea Challenged Again By U.S. Prosecutors appeared first on Cryptonews
Pro-Bitcoin Senator Cynthia Lummis Leads Push for Stablecoin Regulation: A Look at the Bill and Its Impact
8.3.2024
U.S. Senators Cynthia Lummis and Kirsten Gillibrand are getting ready to unveil a landmark stablecoin regulation bill. The bill has received support from stakeholders including the Treasury and the New York Department of Financial Services.
The post Pro-Bitcoin Senator Cynthia Lummis Leads Push...
Piers Ridyard, CEO of Radix DLT, on The Future of Web3, Wallets, Account Abstraction, and Creating the Game Engine for DeFi | Ep. 315
8.3.2024
Piers Ridyard, CEO of the decentralized network Radix DLT, talks about the “wild ride” through the worlds of smart contracts and Y Combinator, finding Ethereum, mining on its genesis block, selling ETH, getting into Radix, the project’s fundamental principles, and how it goes above and beyond...
Philippine Central Banker Unveils Project Agila: A Leap into wCBDC Pilot
8.3.2024
The central bank of the Philippines (BSP) aims to complete a CBDC pilot by the end of the year, according to a local press report. Central bank Deputy Governor for Payments and Currency Management Mamerto Tangonan told a press briefing Wednesday: “For CBDC… our timeline for that is to complete...
Band Protocol pioneers Oracle-Stellar Smart Contract integration
8.3.2024
Band Protocol announced that it is now further building on its integration with the Staller Ecosystem. The commitment is to pioneer Oracle services to facilitate the development of dApps, decentralized applications. The mission simultaneously covers the purpose of advancing interoperability...
Polygon to slash transaction fees with Ethereum’s EIP-4844
8.3.2024
The Dencun upgrade is slated to go live on March 14, 2024. The launch of EIP-4844 will follow soon, tentatively scheduled for May 1, 2024. When launched, EIP-4844 will bring special resources to cut transaction fees heavily. An estimate for the same has not been provided, but rough numbers say that...
Sony Files ‘Super-Fungible Token’ NFT Patent
8.3.2024
Sony, the Japanese electronics behemoth, has filed a patent involving the use of non-fungible tokens (NFTs) as part of in-game mechanics. Sony’s patent describes the usage of a “Super-Fungible Token,” an amalgamation of a set of gaming assets, allowing the selection of only one...
Fed Chair Jerome Powell Addresses Concerns Over CBDCs, Prioritizes Privacy
8.3.2024
In a recent Senate Banking Committee hearing, Jerome Powell assured lawmakers that the Federal Reserve is not pursuing a CBDC anytime soon and “not far” from cutting interest rate.
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Binance’s ‘Crypto Perfume’ for Women Receives Industry-Wide Criticisms
8.3.2024
The core reason for the release of a crypto scent is “to encourage more women to learn and explore the world of cryptocurrency.”
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