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Asia's Richest Man Mukesh Ambani To Invest In Blockchain To Drive 'Digital Adoption In India'
28.8.2023
Indian multinational conglomerate Reliance’s financial services arm – Jio Financial Services (JFS) – is tapping blockchain tech and central bank digital currencies (CBDCs) for its offerings.
Reliance head and Asia’s top billionaire Mukesh Ambani said during the company's annual general meeting...
OKX And Bybit Suspends Sanctioned Russian Banks From P2P Services
28.8.2023
OKX and Bybit are the latest digital asset exchanges to delist sanctioned Russian banks from their peer-to-peer (P2P) services.
Two Russian banks, Tinkoff Bank and Sberbank have both been removed from P2P services of some crypto exchanges due to Western sanctions following the invasion...
The Swift Decline of Friend.tech: Crypto's Latest Fad Loses Steam
28.8.2023
Friend.tech, a blockchain-based platform that allows users to buy and sell digital tokens connected to their favorite influencers, has lost steam after its splashy debut.
The project became the highest-earning service provider in decentralized finance shortly after its release. However, its rise...
Crypto Industry Positioned for Growth After Market Turbulence, Says Circle CEO Jeremy Allaire
28.8.2023
Despite a challenging year for the sector, Circle CEO Jeremy Allaire remains optimistic about the potential for growth and transformation in digital assets over the coming years – including on the regulatory front.
During a newly published interview with Fortune, Allaire drew parallels between...
Today in Crypto: SBF's Attorneys Ask for His 'Temporary Release', Bybit and OKX Exclude Sanctioned Russian Banks From Payment Options, Verified Scam Accounts Targeting Crypto Twitter are 'Out of Control'
28.8.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: SBF's Attorneys Ask for His 'Temporary Release', Bybit and OKX Exclude Sanctioned Russian Banks From...
Protocol Village: Binance Labs Invests in Delphinus, a Bet on Zero-Knowledge WebAssembly
28.8.2023
The latest in blockchain tech upgrades and announcements
Protocol Village: Binance Labs Invests in Delphinus, a Bet on Zero-Knowledge WebAssembly
28.8.2023
The latest in blockchain tech upgrades and announcements
Laos Cuts Power Supply To Crypto Mining Firms, Cites Production Concerns
28.8.2023
Electricite du Laos (EDL), the state-run power distribution company, has announced a major cut to crypto mining firms in the country, swerving from its pro-crypto stance since 2021.
According to local news reports, the country cites several reasons for the sudden decision ranging from electricity...
Binance extends support to BNB Smart Chain (BEP20)
28.8.2023
Binance has announced that it will support the network upgrade and hard fork of BNB Smart Chain. The starting time stated in the announcement is August 30, 2023, 7:30 UTC. Deposits and withdrawals will be suspended 15 minutes before that, to be resumed when the network is deemed stable...
Islamic finance and Web3 take stage at Istanbul Blockchain Week
28.8.2023
Istanbul Blockchain Week made some necessary modifications this year to reflect the change in the overall crypto market
Exclusive: Galxe Set To Launch a Permissionless Self-Sovereign Identity Infrastructure, Galxe Protocol
28.8.2023
In a confidential revelation to cryptonews, Galxe, a pioneering Web3 community development platform, has declared the imminent launch of the Galxe Protocol, a permissionless self-sovereign identity infrastructure set to reshape the landscape of digital identities....
Read More: Exclusive: Galxe...
South Korean Crypto Exchanges Mandated to Maintain Reserve Funds of $2.3 Million
28.8.2023
South Korean cryptocurrency exchanges will be required to maintain a reserve fund of at least 3 billion won (approximately $2.3 million) in designated bank accounts starting September.
The new regulations for crypto exchanges are aimed at enhancing user protection in the event of unforeseen...
Layer 2 Solution Shibarium Resumes Asset Withdrawals on Bridge, Alleviating Previous Concerns
28.8.2023
Shibarium, the Layer 2 blockchain developed by the creators of memecoin Shiba Inu, is finally resuming token withdrawals via the bridge – a tool that transfers tokens across different networks....
Read More: Layer 2 Solution Shibarium Resumes Asset Withdrawals on Bridge, Alleviating Previous...
Ethereum's Daily Transaction Fees Hits 8-Month Low of $2.8M
28.8.2023
Ethereum's daily total transaction fees fell to 1,719 ETH ($2.8 million) on Sunday, the lowest single-day total since Dec. 26
Indian Billionaire Mukesh Ambani's Firm Will Explore Blockchain Platforms and CBDCs
28.8.2023
Reliance Industries Ltd. is entering the world of blockchain and central bank digital currencies (CBDCs), its Chairman and Asia's richest man, Mukesh Ambani, announced on Monday
Shytoshi Kusama shares scaling update for Shibarium
28.8.2023
Shibarium is live, said Shytoshi Kusama in a blog post. The community has started embracing the native blockchain already. There is a little question, though, about how far it will scale in the time to come. Shytoshi Kusama did not waste a second to address this aspect. They have gone on to inform...
PM Modi Advocates Global Framework for Crypto Regulation and Ethical AI at B20 Summit
28.8.2023
Speaking at the B20 Summit India 2023, organized by CII, Prime Minister Narendra Modi emphasized the need for a worldwide framework for cryptocurrencies and the ethical implementation of artificial intelligence (AI).
Modi, addressing the summit, which took place from August 25–27 in New Delhi...
Balancer Protocol Exploited for $900k Despite Prior Vulnerability Alert
28.8.2023
Decentralized finance protocol Balancer was exploited for nearly $900,000 on Sunday, a few days after a critical vulnerability was reported affecting a number of V2 pools.
Blockchain security expert Meier Dolev revealed the identity of the hacker who exploited the vulnerability. ...
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'Breakthrough growth' will be driven by Web3: HK financial secretary
28.8.2023
Paul Chan says that blockchain and Web3 tech will be responsible for the next big wave of growth in Hong Kong’s digital tech sector
Brazilian Soccer Star Ronaldinho Fails to Turn Up at ‘Crypto Scam’ Hearing
28.8.2023
The Brazilian football (soccer) icon Ronaldinho has failed to show at a parliamentary hearing on crypto pyramids, and could face jail time if he refuses to attend another hearing later this month.
Per Sport.es and Livecoins, the Brazilian Chamber of Deputies’ Financial Pyramids Committee...