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World Mobile announces partnership with SingularityNET
23.8.2023
Mobile Network has announced that they have entered into a partnership agreement with SingularityNET. The purpose of this partnership is to enhance customer support service, facilitate blockchain-based loan service, and accelerate AI-powered credit rating. This enables World Mobile to demonstrate...
K-Pop Superstars Blackpink Launch Metaverse Experience in Roblox – Is The Metaverse Making a Comeback?
23.8.2023
K-pop giant Blackpink is set to go live on the popular Roblox gaming platform with a new immersive experience for Blinks, the group's fans.
"BLACKPINK has come to Roblox for the first time," the event description said.
'Blackpink: The Palace' was built by the metaverse studio Karta...
Risc Zero launches the first Zero zkEVM
23.8.2023
RISC Zero has announced the launch of the first Zero zkEVM. It is an open-source way dedicatedly designed for developers who are looking to construct their projects for the next generation. It takes Web3 a step forward, paves the way for upcoming decentralized applications, and puts assurance that...
Is inclusion of Blockchain technology in national economies on horizon?
23.8.2023
Blockchain technology is a platitude that has no real meaning that a layman can easily comprehend and use. People are consistently hearing terms like blockchain technology, cryptocurrencies, and smart contracts and are using them synonymously without getting a hold of the real meaning. However...
Titan Global Capital Management Settles with the SEC, Agrees to $1 Million Fine for Misleading Crypto Fund Claims
23.8.2023
The New York-based fintech investment adviser, Titan Global Capital Management, has agreed to comply with the US Securities and Exchange Commission's (SEC) cease-and-desist order and paid fines exceeding $1 million for misleading investors about its cryptocurrency offering....
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Brazilian Police to Freeze Suspected Fraudsters’ Crypto Holdings
23.8.2023
Brazilian police have asked courts to freeze the crypto holdings of suspected electronics-trading fraudsters as part of a “mega operation.”
The Brazilian media outlet Livecoins reported that officers took part in an operation codenamed Spin-Off.
The operation involves the Federal Police and...
Against All Odds: Solo Miner Claims $160,000 Bitcoin Block Reward – Here's What Happened
22.8.2023
On August 18, an unexpected event in the Bitcoin mining space took everyone by surprise. A lone miner, not backed by massive computational power, claimed the full reward of 6.25 Bitcoin for solving block 803,821.
In simple terms, the miner earned about $160,000, minus a 2% fee retained by...
Oman Flags Off New Crypto Mining Facility With Expansion Plans As The Country Bets On Blockchain
22.8.2023
Oman has launched a new digital asset mining facility, the second flagged off within months as it seeks to diversify the economy away from oil exports.
The Middle Eastern country has flagged off the faculty which cost about 135 million Omani rials approximately $150 million and would be operated...
Cryptocurrency Scammers Exploit ChatGPT-Powered Botnet on Social Platform X
22.8.2023
A recent investigation by researchers at Indiana University Bloomington has unveiled the use of a botnet powered by ChatGPT, a sophisticated AI language model developed by OpenAI, to promote cryptocurrency scams on X (formerly known as Twitter)....
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Sam Bankman-Fried Pleads Not Guilty to Latest Fraud and Conspiracy Charges
22.8.2023
FTX founder Sam Bankman-Fried has entered a not guilty plea in Manhattan federal court in response to a new indictment that alleges charges of fraud and conspiracy.
This marks Bankman-Fried's first appearance in court since he was sent to jail following his bail revocation by U.S. District Judge...
Update: Shiba Inu’s Shibarium Almost Ready to Reopen After Failed Initial Launch
22.8.2023
Shiba Inu's ambitious Shibarium network is making strides toward a public relaunch after a botched debut earlier this month.
In an update shared by the project's lead developer, known by the pseudonym Shytoshi Kusama, it was revealed that the team has been diligently working to rectify the issues...
New Report Suggests About 8,000 Korean Residents May Lose Digital Assets Over Tax Evasion
22.8.2023
Financial regulators in the South Korean city of Cheongju are set to confiscate digital assets from local tax evaders.
According to a report on Aug 22 by Yongap, a local news agency, the authorities of the city have set plans in motion to clamp down on virtual asset holders in centralized...
Coinbase Crypto Exchange Buys Stake in USDC Stablecoin-Issuer Circle – Here's What You Need to Know
22.8.2023
According to Circle's blog post released on August 21, Cryptocurrency exchange Coinbase has bought a minority stake in Circle Internet Financial while dissolving their Centre Consortium partnership that had issued USD Coin (USDC), the world's second-largest stablecoin....
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Indian Crypto Exchange CoinDCX Lays Off 12% of Staff Citing Prolonged Bear Market and TDS
22.8.2023
Indian Crypto exchange CoinDCX, backed by Coinbase Ventures, fired 12% of its workforce on Tuesday, citing ongoing macroeconomic conditions and the TDS on crypto transactions.
The company clarified that it is the first time CoinDCX is laying off employees. Earlier in Jan, it announced an internal...
SEPA-related Issues Affect Euro Withdrawals for Binance Cryptocurrency Exchange Customers in Europe – What's Going On?
22.8.2023
Binance cryptocurrency exchange customers in Europe reportedly encountered problems with fiat withdrawals due to Single Euro Payments Area (SEPA) transfer issues.
In response to a complaint from a European user of Binance who asserted that they had recently purchased "a large sum of EUR" on...
Thailand Seeks Court Order to Shutdown Facebook For Failing to Screen Fake Crypto Ads
22.8.2023
Thailand authorities have issued a warning to the social media giant Facebook, threatening to seek a criminal court order to sever its operations in the nation, over the rampant investment and cryptocurrency scam ads.
The Thai Ministry of Digital Economy and Society (MDES) wrote on Aug. 21, that...
Kenyan Government Forms Committee to Investigate Worldcoin Crypto Project
22.8.2023
The Kenyan government has formed a 15-member parliamentary committee to investigate the contentious Worldcoin project.
The committee, led by Narok West MP Gabriel Tongoyo, has been allocated a 42-day timeframe to investigate the operations of Worldcoin comprehensively. According to local news...
FTX Modifies Settlement Motion After US Trustee Objection in Bankruptcy Case – What's Going On?
22.8.2023
Bankrupt crypto exchange FTX submitted a "Reply" on Sunday, August 20, to back its Settlement Plan and address the US Trustee's objection to the Motion.
On August 16, FTX Trading and its associated debtors submitted a court filing titled "Motion of Debtors for an Order Authorizing Procedures...
Blockchain Capital Co-Founder Sues Hacker For Stealing $6.3 Million in a SIM-Swap Attack
21.8.2023
Co-founder and managing partner at Blockchain Capital, Bart Stephens, has taken legal action against an unidentified hacker who allegedly stole $6.3 million worth of cryptocurrencies from his digital wallets, Forbes reported.
Stephens claims Jane Doe exploited a SIM-swap vulnerability...
eToro Co-founder Yoni Assia: From Finance Enthusiast to Crypto Pioneer
21.8.2023
Stock and crypto trading platform eToro listed Bitcoin (BTC) on its exchange in December 2013. Two months later, the asset’s price plummeted from $1200 to $150 after the fall of Mt. Gox, the world’s largest Bitcoin exchange at the time.
“Everybody around us thought this is it – Bitcoin is dead,”...