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Parallelized EVMs May Solve Blockchain Trilemma, But It’s Risky Business
22.3.2024
Data from Fortune Business Insights predicts that the global blockchain technology market size will reach $469.49 billion by 2030. Although the potential behind blockchain technology is huge, a number of setbacks may hamper adoption however. For instance, the “blockchain trilemma” continues to...
Solana Takes Crown as Top Blockchain Ecosystem of the Year: CoinGecko
22.3.2024
Solana (SOL) has seized the spotlight as the leading blockchain of the year, commanding nearly half of global crypto investor attention in chain-specific narratives, according to CoinGecko.
The post Solana Takes Crown as Top Blockchain Ecosystem of the Year: CoinGecko appeared first on Cryptonews
Crypto Gurus Snap Up Viral Meme Coin Pre-Exchange Listing for Early Edge
21.3.2024
With global crypto adoption continuing apace, investors are buying up Sponge (SPONGE) before it gets listed on major exchanges in the hope that they’ve found the next viral Web 3 meme coin. SPONGE is a Web3 project that comes with its own staking and video gaming community. In the coming...
GIFT City to host India’s first regulated global realty and infra-asset tokenization platform
21.3.2024
GIFT City may soon host India’s first regulated global realty and infra-asset tokenization platform. The process is in the initial stage, and IFSCA has only granted conditional approval to select entities. One of them is Realdom India Pvt Ltd. The company is working to set up a platform known...
Apex Legends Tournament Hacker Speaks, Swears It Was ‘A Joke’
20.3.2024
An individual responsible for hacking an Apex Legends global tournament over the weekend has revealed their motivations: they did it “just for fun.” Read more
Ondo Finance marks an uptick in ONDO following the launch of Global Markets
20.3.2024
Ondo Finance has launched Ondo Global Markets to expand tokenized asset offerings. This is a part of the mission to expand across multiple chains, having previously integrated with Solana, Sui, and Aptos blockchains. Members of the community have responded positively to this development, and so...
British Virgin Islands Sets Sights on Becoming Global Hub for Digital Assets
20.3.2024
The British Virgin Islands (BVI) is aiming to become a major hub for digital asset activities. To achieve this, the territory is working to execute rules and systems that would enable participation in the expanding digital asset market.
The post British Virgin Islands Sets Sights on Becoming Global...
Meme Coin success: Koala Coin (KLC) captures global crypto interest, including Stellar (XLM) & Dogecoin (DOGE)
20.3.2024
At the forefront of a significant shift in the cryptocurrency scene, Koala Coin is making waves as it gears up for its highly anticipated presale. Currently positioned at stage 1 with an enticing price of $0.014, Koala Coin (KLC) transcends the typical digital currency framework by promising...
Genesis Agrees to Pay $21M Fine to Settle SEC Crypto Lending Charges
19.3.2024
Bankrupt cryptocurrency lender Genesis Global Capital has agreed to pay a $21 million fine as part of a final court judgement to settle charges with the U.S. Securities and Exchange Commission (SEC). In an official ruling released on March 19, the SEC highlighted the reason for the penalty...
Apex Legends Tournament Postponed After Players Hacked Mid-Game
18.3.2024
A big Apex Legends tournament came to an abrupt end after a handful of pro players were hacked during one of the final matches of the competition. Developer Respawn Entertainment and publisher EA have yet to comment on the situation, leaving folks frustrated with the state of the game and...
Hong Kong Regulator Says Crypto Exchange MEXC Has Been Operating Without a License
15.3.2024
Last year, regulators in Japan and Germany also alerted consumers the exchange was unlicensed
Crypto Gains Surpassed $37.6 Billion in 2023: Chainalysis
14.3.2024
Global crypto gains reached $37.6 billion in 2023 following substantia losses in 2022, blockchain intelligence firm Chainalysis reveals in a new report released Thursday. The latest data is a promising sign for the crypto industry amidst bitcoin's dramatic rally.
The post Crypto Gains Surpassed...
El Salvador Woos Global Investors: 0% Income Tax!
14.3.2024
In a bold step, El Salvador has introduced innovative measures that attract foreign investments by canceling pay taxes on world investments. The 0% rate for these funds means they will not be liable to pay any taxes, as opposed to the general 30%, and is seen as a big step in making the country...
EU Sets Global Precedent with Comprehensive AI Regulation Act
14.3.2024
The European Union has again set a global precedent by unanimously passing a landmark bit of comprehensive legislation to govern AI: The AI Act. According to the official press release, ministers in the European Parliament passed the AI Act on Wednesday with 523 votes for, 46 against, and...
Polkadot aims to evolve into a global supercomputer in Web3
14.3.2024
Polkadot has been identified as becoming the global supercomputer in Web3. This pertains to nearly replicating AWS’s tasks for the world right now. Amazon World Services uses servers. Polkadot, instead, looks to leverage blockchain and introduce Cores to serve the scalability aspect of Web3....
Global Surge in CBDC Exploration Leaves US Playing Catch-Up: Study
14.3.2024
An Atlantic Council study showed that 134 countries, or 98% of the global Gross Domestic Product (GDP), are currently exploring a central bank digital currency (CBDC). This number has surged from just 35 since May 2020.
The post Global Surge in CBDC Exploration Leaves US Playing Catch-Up: Study...
EXCLUSIVE: PropyKeys Launches Dapp on Base, RWA, AI and NFT Features for Minting Addresses and Deeds On-chain
13.3.2024
PropyKeys, deployed on Coinbases’s L2 network Base, allows users to mint a digital address – including global landmarks – corresponding to a tangible property.
The post EXCLUSIVE: PropyKeys Launches Dapp on Base, RWA, AI and NFT Features for Minting Addresses and Deeds On-chain appeared first...
Wall Street Whales Test Blockchain Waters: Goldman Sachs, BNY Mellon in Pilot
13.3.2024
Major institutions, including Goldman Sachs, BNY Mellon, and Cboe Global Markets, have successfully concluded a large-scale pilot test utilizing blockchain technology.
The post Wall Street Whales Test Blockchain Waters: Goldman Sachs, BNY Mellon in Pilot appeared first on Cryptonews
Coinbase Announces $1B Bond Sale
13.3.2024
Cryptocurrency exchange Coinbase Global, Inc., has announced a private offering of $1 billion convertible senior notes which will be due in 2030.
The post Coinbase Announces $1B Bond Sale appeared first on Cryptonews
Impact of China’s economic policies on US Dollar and global liquidity
12.3.2024
USD has always been considered the most reliable, safe, and stable currency of all time, and its role in global trade has made it the backbone of the global financial system. Besides, it has been the most widely used currency in foreign exchange transactions, international debt securities...