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South Korean Intelligence Service Informs Crypto Exchanges About Cyberthreats


The South Korean state intelligence agency is now providing crypto trading platforms with information about attempts to breach their cybersecurity. The help for the country’s digital asset exchanges comes amid growing threats, local media reported. Intelligence Service Offers Cybersecurity...

RegTech Africa Conference to Drive Growth and Shape the Digital Economy


Inaugural Advisory Council to promote innovation, diversity, and growth across the Continent LAGOS, NIGERIA, The maiden edition of the annual Regtech Africa Conference has been slated to hold on Wednesday 25th of May, 2022. The RegTech Africa Conference is the premier gathering of regulators...

Bolt Acquires Wyre for $1.5 Billion, Firm Aims to ‘Decentralize Commerce’


On Thursday, the payments and checkout and shopper network, Bolt has announced the firm plans to acquire the digital currency provider Wyre in a $1.5 billion deal. Bolt has explained the acquisition is aimed at bolstering cryptocurrency services and “the opportunity of Web3.” Payments...

Gran Turismo 7 Update Eases Up On The Grind After Fan Outrage


Last month Gran Turismo 7 director Kazunori Yamauchi apologised to fans angry at the state of the game’s microtransactions, announcing a credits handout and a promise to “dramatically change GT7’s car economy to help make amends” in the wake of some disastrous downtime. The first of those changes...

Report: Facebook Eyes ‘Zuck Bucks’ And NFTs As It Loses Users To TikTok


Facebook parent company Meta reportedly has plans to launch a new digital currency for the metaverse. Internally, employees at Meta are calling the unannounced currency “Zuck Bucks.” These new digital dollars won’t likely be connected to any kind of blockchain, but don’t worry; Meta, led by...

MMA Entertainment Giant UFC to Pay Fighters Bitcoin Bonuses


On April 7, the digital currency exchange Crypto.com announced that fighters from the mixed martial arts (MMA) promotion company, Ultimate Fighting Championship (UFC), will be able to win Fight Night bonuses that will be paid in bitcoin. Fight Night bonus payouts will vary depending on placement...

Hollywood Has Future in Blockchain, NFTs Says Outgoing Warner Media CEO


Jason Kilar, the outgoing CEO of Warner Media, has touted blockchain as a technology that could transform the entertainment industry. He also said the tech could bring about new forms of financing. Transforming the Entertainment Industry The outgoing CEO of Warner Media, Jason Kilar, has said...

Bank of Russia Rejects Idea of Using Cryptocurrency to Circumvent Sanctions


The Central Bank of Russia has turned down a proposal to allow the use of digital currencies for the purpose of sanctions evasion. The monetary authority believes this is hardly an option as Western regulators are already taking steps to prevent such transactions. Employing Bitcoin to Evade...

Ukrainian Charity Organization Launches NFT Sale


A newly established Ukrainian charity organization, Pray4Ukraine, has brought together hundreds of digital artists that are using art to raise funds for the Ukrainian army and civilians devastated by the war. The organization is also attempting to use the power of art to help end the war...

Russia’s Sberbank Denies Involvement in Recently Launched ‘Sbercoin’


Sberbank, the largest bank in the Russian Federation, has denied connection to a new cryptocurrency called “sbercoin.” The project is offering high returns to buyers of the token, which was launched shortly after Bank of Russia allowed Sberbank to issue digital currencies. Sbercoin...

A Look at the First Quarter’s Top Performing Cryptocurrencies in 2022


The first quarter of 2022 has come to an end and specific digital currency markets have seen a lot of action during the last three months. Out of the top ten digital currencies, terra (LUNA) saw the biggest gains, jumping more than 43% higher against the U.S. dollar in Q1. Out of the top...

Here's How You Can Help Shape Digital Euro


  Amid an intensification in the European Union’s crypto-focused legislative efforts, the European Commission has launched a new consultation on its digital euro central bank digital currency (CBDC) project. The procedure will allow interested stakeholders who want to help shape a digital euro...

Abkhazia Extends Crypto Mining Ban Till End of Year


Authorities in Abkhazia have decided to maintain a ban on cryptocurrency mining in the territory. The partially recognized republic in the South Caucasus is restricting the energy-intensive extraction of digital currencies, citing problems with power supply. Bitcoin Mining Remains Prohibited...

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