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Founder of Web3 Messaging App: Decentralized Platforms Enable Users ‘to Build Their Communities in a Safe Place’
23.9.2022
In a world where censorship is growing and the right to privacy is being undermined, Web3 — the next iteration of the world wide web — looks to some like the solution users of online platforms are waiting for. As some pioneering Web3 products and solutions have demonstrated, when...
Web3 Firm Acquires Creator of South Africa’s First Listed PoW Crypto, Safcoin
18.9.2022
A Web3 technology company, Virtual Nation Builders, recently said it acquired FHM, the firm that created safcoin, South Africa’s touted first proof-of-work cryptocurrency to list on a global exchange. As a result of the Web3 firm’s acquisition of FHM, the cryptocurrency will...
Egypt’s Central Bank Issues Crypto Warning — Violators Risk Imprisonment
15.9.2022
The Central Bank of Egypt (CBE) has issued a fresh warning about cryptocurrency, noting that violators could face imprisonment. The Egyptian central bank’s law “prohibits issuing, trading, or promoting cryptocurrencies, creating or operating platforms for trading it, or carrying...
Dubai Luxury Hotel Palazzo Versace Allows Guests to Pay in Crypto
13.9.2022
Guests staying at Palazzo Versace Dubai have, since September 7, had an option to settle payment for services rendered via cryptocurrency. The hotel also plans to add the crypto payment option to its e-commerce platforms to enable guests to pay for gift vouchers using digital currencies....
Bitpapa Enters Kenyan Cryptocurrency Market
12.9.2022
PRESS RELEASE. In the face of financial regulators’ overall negative attitude toward digital assets, P2P marketplaces have become the platforms of choice across Africa. As the world leader in P2P cryptocurrency exchange, Kenya has drawn much attention from many P2P exchange service...
Central Bank of China Calls for Increasing Use of Digital Yuan
12.9.2022
The People’s Bank of China has urged for widening of the array of use-case scenarios for its central bank digital currency. The monetary authority believes that deeper interconnection with traditional e-payment platforms will make the digital yuan more convenient for consumers....
US Senators Press Meta CEO Mark Zuckerberg on Crypto Scam Policies for Facebook, Instagram, Whatsapp
11.9.2022
Six U.S. senators have demanded answers from Meta CEO Mark Zuckerberg about how his company is handling cryptocurrency scams on its social media platforms, including Facebook, Instagram, and Whatsapp. “We are concerned that Meta provides a breeding ground for cryptocurrency fraud that causes...
China to Crack Down on Copyright Infringement Through NFTs
10.9.2022
Authorities in China are going after creators of digital collectibles based on other people’s works of art, the use of which was not authorized. The government offensive is part of a campaign to combat online copyright infringement and piracy with the participation of several departments....
Senators Press Meta Platforms CEO Mark Zuckerberg to Combat Crypto Scams
9.9.2022
An FTC study shows 49% of crypto-related frauds originated on social media, say six members of the Senate Banking Committee
Taiwan Approves 24 Crypto Platforms, Including WOO Network, for AML Compliance
8.9.2022
Taipei is bringing crypto into its regulatory fold
Bitcoin Derivatives Exchanges Rise on Multiple Future Platforms
8.9.2022
The latest report assessing the Derivative Exchanges of Bitcoin has been released recently. The analysis shows that September has witnessed an increase in the supply of BTC on future exchanges. The surge initiated at the start of the month, activating the opportunity for short and long liquidity...
B2Broker’s New Breakthrough Solution – White Label cTrader
8.9.2022
PRESS RELEASE. White Label cTrader, a new offering from B2Broker, a market leader in liquidity and technological ecosystem for the Forex and crypto industries, has been officially released. Thanks to the new solution, brokers will now be able to access one of the most popular and functional...
Lucky Block Beats Other NFT Competition Platforms like NFT-Competitions
7.9.2022
The non-fungible token (NFT) market has reported tremendous growth during the past year. Multiple NFT competition platforms have also sprouted during this time, with one of them being Lucky Block. Lucky Block is one of the largest NFT competition platforms powered by the LBLOCK token....
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GryffinDAO Looks To Unite DeFi And NFT Platforms Like Decentraland (MANA)
7.9.2022
DeFi and NFTs are landscapes that have almost existed as separate entities. Both existing on predominant blockchain networks illustrate that they are more connected than we understand. And GryffinDAO (GDAO) is a new project on track to unite DeFi and NFTs under an ecosystem. NFTs blew up in 2021...
The metaverse is the future — but are current platforms failing users?
7.9.2022
As things stand, many big brands and A-list celebrities are scrambling to get involved with the metaverse — but the platforms in the market are failing to meet the moment
Russia Explores Stablecoins for Settlements With Friendly Nations
7.9.2022
Russia is cooperating with friendly countries on the potential employment of stablecoins in international payments, a top government official unveiled. The news comes after key institutions in Moscow agreed that the Russian Federation needs to legalize cross-border crypto payments in the face...
Degens borrowing ETH to get fork tokens create headaches for DeFi platforms
7.9.2022
Aave has halted ETH lending until the Merge has gone through, while Compound Finance has opted to cap the number of loans and introduce a “jump” interest rate model
Crypto Ads in Thailand Must Feature Clear Investment Warnings, New Regulations Require
2.9.2022
Thailand has introduced tighter rules that will oblige crypto companies to duly inform potential customers of the investment risks on their advertisements. The new regulations also prohibit businesses in the industry from making misleading or exaggerated claims. Securities Watchdog Adopts Stricter...
FBI Warns About Decentralized Finance Exploits and the Losses Associated With Them
31.8.2022
The United States Federal Bureau of Investigation (FBI) has issued a public service announcement about exploits attackers have recently used to steal cryptocurrency from investors that put money on decentralized finance (defi) platforms. The organization also advised crypto investors to do their...
Meta Reveals Cross-Posting NFT Compatibility Between Facebook and Instagram
30.8.2022
Meta, the corporate entity behind the social media platforms Instagram and Facebook, has revealed that non-fungible token (NFT) support now offers cross-posting compatibility between the two major social media platforms. The digital collectible-sharing ability follows Meta rolling out NFT and Web3...