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Network Latency Drives Solana Validator to South Africa’s Commercial Hub


Superfast founder Martin Tromp has launched a Solana validator in one of Teraco’s Johannesburg data centers. Solana is a fast, scalable blockchain platform competing with Ethereum. As a proof-of-stake system, validators like Tromp’s play a crucial role in maintaining network security...

Regulators Partner to Bolster UAE’s Crypto Hub Status


United Arab Emirates (UAE) regulators, SCA and VARA, have signed a cooperation agreement to strengthen the country’s position as a virtual assets hub. The agreement outlines licensing requirements for VASPs, establishes mutual supervision mechanisms, and aims to foster a stable and regulated...

Experts: Crypto In Early Stages of Growth Despite Rising Adoption


The crypto industry is still in its early stages of growth, despite a significant increase in adoption rates. Experts believe that the sector’s future depends on factors like regulatory developments and market stability. Singapore has emerged as a leading crypto hub due to its favorable...

Russian Economy Sees Growth Despite Western Sanctions and Declining Imports


The Russian economy has experienced substantial growth across various sectors, with unemployment rates remaining historically low, despite ongoing Western sanctions related to the Ukraine conflict. Industrial production, driven by military manufacturing, saw a 3.3% increase in July, and the...

99 Arrested in Philippine Crypto Scam Hub Raid


Philippine police have arrested 99 individuals during a raid on a suspected scam hub in Parañaque City, uncovering a fraudulent cryptocurrency and romance scheme involving foreign and local workers. The company was unregistered and forced employees into compromising roles. Philippine Police Bust...

Ripple and DIFC Partner to Drive Blockchain and Crypto Adoption in UAE


Ripple has unveiled its plan to partner with the Dubai International Financial Centre (DIFC) Innovation Hub to promote blockchain and crypto adoption in the UAE. The collaboration seeks to encourage innovation among early-stage companies and large institutions. Ripple has dedicated one billion...

Saudi Arabia Becoming Hub for Web3 Startups Seeking Investment, Report Says


Saudi Arabia’s emergence as a top venture capital investment destination in the Middle East and North Africa offers an opportunity for Web3 startups seeking funding. However, the latest Adaverse report acknowledges that the Saudi Web3 industry faces challenges requiring collaboration among...

ABS2024: Taipei Becomes Asia’s Hub for Pioneers of Web3 and AI


The Asia Blockchain Summit 2024 (ABS2024) will take place from August 6 to 8 at the Taipei Nangang Exhibition Center. ABS2024, powered by BlockTempo, combines multiple blockchain events, summits, and conferences into a three-day packed international technology movement. Joseph Gordon-Levitt,...

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