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Ripple registered to Ireland’s Virtual Asset Service Providers
21.12.2023
The Central Bank of Ireland recently added Ripple to its registered VirtualAsset Service Providers list. Now, Ripple will offer certain virtual asset services in Ireland. The news was shared on Ripple’s official website via a post. The post read that the CBI has added its Irish subsidiary...
Making Privacy Solutions EVM-Compatible Is Key to Integrating Them With Blockchains and Dapps — Guy Itzhaki
20.12.2023
While proponents of fully homomorphic encryption (FHE) have sometimes touted it as a better privacy solution than zero-knowledge (ZK) proofs, Guy Itzhaki, the founder and CEO of Fhenix, said both are cryptographic-based technologies which, when combined, can form a robust and efficient encryption...
Ripple Obtains Virtual Asset Service Provider (VASP) License from Central Bank of Ireland
20.12.2023
Source: AdobeStock / Michal Šteflovič Blockchain payments firm Ripple has successfully obtained a Virtual Asset Service Provider (VASP) license from the Central Bank of Ireland (CBI). The news comes over a year after Ripple established an office in Dublin and applied for the license, aiming...
Hong Kong Authorities Block Two Crypto Websites Suspected of Fraud
20.12.2023
Source: Pixabay The Securities and Futures Commission (SFC) of Hong Kong has issued a public warning regarding two crypto firms suspected of engaging in fraud. The watchdog has cautioned the public to be wary of “LonShiX” and “Bitbank (Global) Financial Holding Group,” both...
GameSwift Introduces GS Pay To Bridge The Gap Between Web2 and Web3 Payments
19.12.2023
PRESS RELEASE. The GameSwift team is proud to introduce GS Pay, a revolutionary payment system and bank card that seamlessly converts in-game treasures into real money, unlocking a world where gaming fuels real-life purchases. As the gaming sector continues its exponential growth, the lines between...
Central Bank of Brazil Opens Public Consultation on Virtual Assets Service Provider Rulemaking
19.12.2023
The Central Bank of Brazil opened a new public consultation to obtain feedback for regulating the operations of virtual assets service providers (VASPs) in the country. The bank organized a questionnaire of 38 questions divided into different themes that can be partially, or fully answered until...
The Week In Games: The Best Resident Evil Goes VR And More New Releases
18.12.2023
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Vitalik Buterin Proposes Enshrined ZK-EVM for Enhanced Ethereum Main Chain Efficiency
14.12.2023
Source: ShutterStock Vitalik Buterin, Ethereum’s co-founder, has introduced a conceptual architecture called the enshrined Zero-Knowledge Ethereum Virtual Machine (ZK-EVM) to enhance the main chain’s efficiency. According to Buterin’s latest blog, this proposal of the enshrined...
Bitcoin Exchange CoinMENA Receives Operating License From Dubai’s VARA
13.12.2023
Source: Pexels A subsidiary of the Bahrain-based Bitcoin exchange, CoinMENA FZE, has been granted a Virtual Asset Service Provider (VASP) license by Dubai’s Virtual Asset Regulatory Authority (VARA). This marks the seventh VASP license issued by the Dubai regulator. In a press release,...
Dubai Grants Climate-based AYA Platform Conditional VARA License
12.12.2023
Image Source: Pixabay Dubai’s financial regulator, the Virtual Asset Regulatory Authority (VARA) has issued a conditional operating license to AYA Platform, a web3 launchpad subsidiary of Enjinstarter. In a recent press release, the company disclosed the regulatory nod obtained by VARA to operate...
South Korean Regulator Rules NFTs Are Not Subject to Crypto Law
11.12.2023
Source: TSViPhoto/Adobe South Korean financial regulators have said NFTs are not subject to the same rules as cryptoassets, a ruling that may buoy token issuers and blockchain gaming firms. Per News1, the Financial Services Commission (FSC), the nation’s top regulator, stated that “following...
Pudgy Penguins to Launch Webkinz-like Virtual World in 2024
10.12.2023
Pudgy World, an interactive digital world available to Pudgy Penguin NFT holders, will become available in alpha mode sometime next year, according to the company’s CEO
While Bitcoin (BTC) Holds Firm above $43,000, The Graph (GRT) and InQubeta (QUBE) Prepare for Big Shifts
7.12.2023
Within the constantly changing world of virtual currencies, Bitcoin is notable for its stability. Bitcoin has remained largely unaffected by recent market swings, with the best cryptocurrency holding firm currently trading above $43,000. A number of factors, such as institutional adoption, limited...
Hong Kong SFC Flags Potential Crypto Frauds Involving HongKongDAO and BitCuped
6.12.2023
Source: LT/Adobe Hong Kong Securities and Futures Commission (SFC) has issued a warning to the public about potential virtual asset-related frauds involving “HongKongDAO” and “BitCuped.” Collaborating with the Hong Kong Police Force, the SFC has taken decisive action...
Polygon PoS Now Supported By Amazon Managed Blockchain Access
4.12.2023
Source: AdobeStock / gguy Amazon Managed Blockchain (AMB) Access now supports the Polygon proof-of-stake (PoS) mainnet and the Mumbai testnet in public preview. AMB is a fully managed service that provides access to public and private blockchains. Polygon is a scaling solution leveraging...
Dreamcast, Virtual Boy, And More Hardware That Was Ahead Of Its Time
1.12.2023
This story is part of our new Future of Gaming series, a three-site look at gaming’s most pioneering technologies, players, and makers.Read more
Ethereum-Based Fasset Secures Operational License in Dubai for Tokenized Offerings
1.12.2023
Source: fasset.ae Digital asset brokerage Fasset FZE has received a Virtual Asset Service Provider (VASP) license from the Virtual Asset Regulatory Authority (VARA) in Dubai, UAE. According to the press release, the operational license is the final stage in VARA’s approval process. It authorizes...
Canadian Crypto Drive Slows in 2023, Users Cite Wider Market Factors
30.11.2023
Source: Pixabay The number of Canadian cryptocurrency users has dropped in 2023 due to bear market fears and wider macroeconomic factors, a new survey shows. A Crypto Asset Survey published by the Ontario Securities Commission (OSC) was conducted to show consumer interaction with virtual assets...
Report: Operator of South Korean Crypto Exchange Upbit Sees a Nearly 40% Drop in Operating Profit
30.11.2023
Dunamu, the operator of the South Korean crypto exchange Upbit, recently said it had realized an operating profit amounting to $79 million in the third quarter of 2023. Virtual asset valuation losses contributed to the 81.6% drop in the operator’s net profit for the period. Operating Profit...
Hong Kong Chief Executive Expresses Willingness to Cooperate on Granting More Powers to Regulate Crypto Exchanges: Report
29.11.2023
Source: Pixabay The Chief Executive of the Hong Kong Special Administrative Region, John Lee, has responded to the recent investigation into the unlicensed virtual-asset trading platform Hounax. On November 27, Chief Executive John Lee addressed the recent virtual platform supervision fraud...