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Animoca Brands Secures $20 Million for Mocaverse, A Web3-Native Gaming Tool Platform
11.9.2023
In the initial funding round for Mocaverse, a prominent project focused on creating Web3-native tools for enhancing products in gaming and entertainment, Animoca secured $20 million in investment led by CMCC Global.
In a press release dated September 11, Animoca Brands announced that it...
El Salvador's Education Ministry Introduces Bitcoin Learning in Schools
11.9.2023
Two years after bitcoin (BTC) was established as legal tender in El Salvador, the Ministry of Education has begun a pilot program "that could bring Bitcoin education to every school in the country in 2024."
According to the announcement on the morning of September 7, the pilot program launched...
Sushi makes waves with Aptos Blockchain expansion!
11.9.2023
Sushi, the well-known decentralized finance (DeFi) project, is going on an exciting growth adventure, for the first time stepping beyond the Ethereum environment to interface with the Aptos blockchain. Sushi’s foray into a blockchain that does not natively support the Ethereum Virtual Machine...
Coinbase CEO Brian Armstrong Asserts the Power of Crypto Voting Block that DC Don’t Realize
11.9.2023
Brian Armstong, CEO of the Coinbase crypto exchange, stressed the power of crypto voting blocks in the upcoming 2024 United States elections. He believes that the politicians don’t fully realize its importance.
“I don't think everybody in DC actually fully realizes how powerful the crypto voting...
India's Central Bank Explores New Features to Boost Digital Rupee Adoption
11.9.2023
The Reserve Bank of India (RBI) is actively collaborating with financial institutions to introduce innovative features aimed at popularizing the Central Bank Digital Currency (CBDC), Reuters reported.
Currently, retail CBDC transactions in India are averaging around 18,000 daily, significantly...
Coinbase Clarifies Reports of Service Discontinuation in India
11.9.2023
Coinbase has provided clarification on reports of terminating all exchange services for Indian users.
In emails sent to some of its Indian customers, Coinbase informed them that all services would cease after September 25, advising them to withdraw any remaining funds from their accounts. ...
G20 Leaders Decide on Swift Implementation of Crypto Asset Reporting Framework
11.9.2023
G20 leaders have called to swiftly implement the Crypto Asset Reporting Framework (CARF) while endorsing synthesis paper proposed by IMF and FSB.
The G20 summit held over the weekend under the presidency of India saw a consensus among member nations to adopt a global framework to regulate...
OKX Crypto Exchange and Circle Partner to Introduce Fee-Free USDC Transactions
9.9.2023
On September 7, global web3 technology leader OKX and fintech firm Circle Internet Financial unveiled USDC features on the OKX Wallet and the OKX DEX aggregator.
This partnership aims to facilitate gasless USDC transactions, eliminating network fees and enabling cross-chain USDC swaps across...
Coinbase Pushes Toward Global Expansion, Sets Sights On Regulated Markets
8.9.2023
Digital asset exchange Coinbase sets out plans for a global expansion flagging jurisdictions outside the United States as “near-term priority markets.”
In a recent blog post, the company highlighted several challenges in the US markets citing bottleneck regulations leading to an exodus of both...
FBI Identifies North Korean Lazarus Group as Culprit Behind $41 Million Stake Casino Hack
8.9.2023
North Korean hackers at the infamous Lazarus Group have by the FBI been identified as responsible for stealing $41 million worth of crypto from the online crypto casino Stake.
The attack, which took place around September 4, drained funds over the blockchain networks Ethereum, BNB Chain (formerly...
48% of Asset Managers Hold Crypto For Clients: Coalition Greenwich Report
8.9.2023
A new study reveals nearly half of institutions in the United States, UK, and Europe offer digital asset services to their clients.
In a recent survey conducted by Coalition Greenwich and Amberdata, 48% of asset management institutions manage crypto for their clients with a general bullish stance...
Why Freelancers Are Turning to Blockchain for Payments
8.9.2023
Freelancing has become a significant part of the global job market in recent years. As traditional job roles evolve, more people are choosing freelance work to have flexible schedules and diverse income streams....
Read More: Why Freelancers Are Turning to Blockchain for Payments
$500 Billion Asset Manager Mirae Partners with Polygon in New Web3 Technology Push
8.9.2023
South Korean asset management giant Mirae Asset Securities has partnered with Polygon Labs to advance tokenization and Web3 onboarding within traditional finance....
Read More: $500 Billion Asset Manager Mirae Partners with Polygon in New Web3 Technology Push
Exclusive: OKX Crypto Exchange Targets 'Tech-Savvy' India, But Regulatory Compliance Comes First, Says Global CMO Haider Rafique
8.9.2023
In an exclusive interview with CryptoNews, OKX Global Chief Marketing Officer, Haider Rafique, expressed the company’s vision to target India's “tech-savy” market.
OKX, one of the largest crypto exchanges in terms of trading volume, currently does not offer any centralized finance products...
Hackers Exploit Windows Tool to Deploy Crypto-Mining Malware
8.9.2023
Hackers have targeted a popular Windows-based software packaging tool to infect computers with crypto mining malware, IT security firm Cisco Talos Intelligence Group has revealed.
The mining attack on computers happens through a Windows tool known as Advanced Installer, and the attackers have used...
US Authorities Reportedly Intensify Investigation into Alleged Fraud at Barry Silbert's DCG Following Winklevoss Claims
8.9.2023
According to a Bloomberg report on Thursday, the crypto feud between the two crypto tycoons, billionaire Cameron Winklevoss and Digital Currency Group (DCG) and its CEO Barry Silbert, has attracted the attention of several US investigators.
The denied Fraud accusations thrown against DCG and Barry...
Southeast Asia's Super-App Grab Joins Web3 Movement, Introduces Blockchain Rewards
8.9.2023
Southeast Asian all-in-one app Grab has added support for a Polygon-based Web3 wallet and non-fungible token (NFT) vouchers.
The new Web3 addition was created in collaboration with the Monetary Authority of Singapore (MAS), Tech in Asia reported, citing a Grab spokesperson.
This is a "short...
Turkish Crypto Exchange Thodex CEO Receives 11,196-Year Jail Term for Fraud and Money Laundering
8.9.2023
Faruk Fatih Ozer, the founder and former CEO of Thodex, a prominent Turkish cryptocurrency exchange, has been handed 11,196-year prison sentence for fraud and other crimes, Bloomberg reproted.
Ozer was convicted on various charges, including fraud, leading a criminal organization, and money...
Nomura’s Crypto Arm Might Take Longer Time to Turn Profitable After Market Rout: CEO
8.9.2023
Laser Digital, the digital asset subsidiary of the Japanese financial services giant Nomura, might take a longer time to turn profitable than expected, as the company is still grappling to recover from the sector’s turmoil.
Laser Digital had previously forecasted to make profits by 2024. However...
Key G20 Policy Paper Suggests Against Blanket Crypto Ban, Calls for Comprehensive Regulatory Oversight
8.9.2023
A joint synthesis paper from the International Monetary Fund (IMF) and the Financial Stability Board (FSB) on crypto regulations is set to be presented to G20 members during the leadership summit under India's presidency on 9th and 10th September.
The key policy paper, released on Thursday...