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China’s National Prosecutor Takes Action Against Blockchain Cybercrimes


China's highest prosecutorial authority is stepping up efforts to combat the growing wave of cybercrimes by targeting criminals who exploit blockchain and metaverse projects for illegal activities.  The post China’s National Prosecutor Takes Action Against Blockchain Cybercrimes appeared...

Klaytn-Finschia Merge Approved: Asia’s Largest Blockchain Ecosystem


The Klaytn and Finschia Mainnet Merge Proposal (KGP-25), a joint exercise between the Klaytn Foundation and Finschia Foundation, received overall consent. This came from the holders and members of the governance. This will allow the two firms to create Asia’s largest Web3 ecosystem while also...

Solana Foundation Teams Up with Abu Dhabi Free Zone for Web3 Push


Abu Dhabi Global Market (ADGM) and Solana Foundation announced Wednesday an agreement to explore blockchain ecosystem development. The collaboration aims to improve Distributed Ledger Technology solutions and drive forward blockchain innovation, a press release said. “We are excited to partner with...

Bloxroute to Reject Blocks With OFAC Flagged Transactions


Bloxroute, a company that provides relaying services, has declared that it will start rejecting block bids with transactions from wallets part of the Office of Foreign Assets Control (OFAC) Specially Designated Nationals And Blocked Persons List (SDN List). Based in the U.S., the company clarified...

Million-Dollar NFT Heist: Apes to Art Blocks Stolen


A massive cyber attack today breached online security by affecting NFT Trader, one of the most popular platforms for private individual trading. As a result, they fraudulently obtained millions of dollars in valuable Non-Fungible Tokens (NFTs). Prized items came from a variety of collections...

UAE Tech Researchers Roll Out Lightweight Blockchain for Carbon Trading


The Technology Innovation Institute in Abu Dhabi has launched a blockchain geared towards tracking carbon emissions and facilitating trading amid growing climate concerns. In a Dec 5 post on X (Twitter), the institute disclosed that its Cryptography Research Center has launched the blockchain as...

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