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Russia’s Largest Digital Asset Deal Denominated in Chinese Yuan


A Russian company has announced the country’s first authorized transaction with digital financial assets (DFAs) involving a foreign currency, China’s yuan. The deal, reportedly the largest made to date under the current Russian DFA law, covers the issuance of tokens secured by commercial debt....

Web3 Crypto Onboarding Platform Transak Integrates With Coinbase Wallet


According to Transak, users of the Coinbase self-custody wallet in South East Asia can now use its Web3 onboarding platform “as a fiat on-ramp to buy crypto.” Transak’s integration with the Coinbase wallet is coming at a time when more users are becoming “aware of...

BNB Chain-Based Defi Protocol Ankr Suffers Major Exploit


Decentralized Web3 infrastructure provider Ankr has become the latest victim of a hacking attack targeting the defi space. The perpetrators who hit the platform were able to mint and steal a massive amount of tokens in a multimillion-dollar exploit. Defi Protocol Ankr Hit by Unlimited Mint...

Ankr Protocol claims its platform has been exploited


Due to the ultimate failure of the FTX crypto exchange, there seems to be even more mayhem and chaos being created all around. The FTX, which is now a state of complete bankruptcy, was itself responsible for its present state. However, as in most situations, anti-socials always look for soft...

Alibaba, PlatON, and HashKey to co-build Web3 developer platform


Alibaba Group’s digital technology and backbone, Alibaba Cloud, made an announcement to co-develop the technology and infrastructure platform for Web3 developers. In this venture, Alibaba Cloud is backed by PlatON and HashKey Group. PlatON is a future-generation internet infrastructure protocol...

Cameroonian Fintech Ejara Raises $8 Million in Series A Investment Round


Just over 12 months after raising $2 million, the Cameroonian fintech whose app allows users to buy and store crypto assets recently said it had received $8 million in its Series A investment round. According to Ruth Foxe Blader, partner at Anthemis, Ejara aims to become the one-stop platform where...

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