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SEC Investigating Bored Ape NFT Creator Over Unregistered Asset Offering
12.10.2022
The U.S. Securities and Exchange Commission (SEC) has launched a probe into Yuga Labs, the entity behind the popular NFT collection Bored Ape Yacht Club, over the sale of its NFTs and digital tokens.
The regulatory agency is investigating whether some Yuga Labs NFTs are akin to stocks and should...
Tron Partners With Dominica Govt. to Issue National 'Fan Token'
12.10.2022
The Caribbean island's government may now accept native Tron tokens such as TRX and USDT for public payments including taxes under a new ordinance
Report: Zimbabwe Tertiary Learning Institution Developing Central Bank Digital Currency
12.10.2022
Harare Institute of Technology, a Zimbabwean higher learning institution, is reportedly developing a central bank digital currency (CBDC). Quinton Kanhukamwe, the institution’s vice chancellor, said the digital currency is expected to help eliminate vices such as currency manipulation...
Princess Charlene of Monaco: ‘Web3 Allows Us to Create Assets Worth Collecting’
12.10.2022
In the age in which contactless interactions are encouraged or where society is adopting new ways of making payments, it is thought by some to be imperative for progressive organizations and institutions to move with the times. As history has shown us, organizations quick to learn or embrace...
SWIFT action: JPMorgan and Visa team on cross-border blockchain payments
12.10.2022
Visa is set to integrate its B2B connect network with JPMorgan’s suit of blockchain based cross-border payment products
Decentralized ID the key to mainstream DeFi adoption—Quadrata co-founder
12.10.2022
Decentralized identities would open Web3 to a range of services requiring personal information and allow platforms to offer tailored products, according to the CEO of Quadrata
$100M drained from Solana DeFi platform Mango Markets, token plunges 52%
12.10.2022
The platform’s treasury was drained of over $100 million worth of cryptocurrency after an attacker manipulated price data of its native token to take out loans against their holdings
Binance to Invest $500 Million in Elon Musk Twitter Buyout
11.10.2022
Changpeng 'CZ' Zhao, the outspoken CEO of major exchange Binance, has announced his company is planning to allocate more than $1 billion to acquisitions and investments in 2022. Binance’s top project in this field is providing $500 million in financing for Elon Musk’s planned takeover of the social...
Ethereum’s Average Gas Fee Jumps More Than 80% Higher Nearing $5 per Transfer
11.10.2022
26 days ago, Ethereum transitioned from a proof-of-work (PoW) network to a proof-of-stake (PoS) blockchain and after the change, the network’s fees remained low. This week, however, Ethereum’s gas fees have increased as data from October 10 shows the average fee tapped a high of $4.75...
OECD Presents Crypto Tax Reporting Framework
11.10.2022
The Organisation for Economic Co-operation and Development (OECD), an intergovernmental organization that seeks to stimulate economic progress, has published a global framework for crypto tax reporting.
According to a press release, the framework, dubbed the Crypto-Asset Reporting Framework...
Quik․com Releases Update for Its NFT Domains – Web3 Domains Are Now Minting
11.10.2022
The much-anticipated major update to Quik.com has now been made available to users, bringing them brand-new capabilities like the edit feature and the Quik API, along with more that are scheduled for the upcoming weeks and months. Quik.com is a P2P NFT domain marketplace offering NFT top-level...
Polygon Launches zkEVM Testnet — Defi Projects Uniswap, Lens, Aave Join Testing
11.10.2022
The blockchain project Polygon has announced the launch of the zkEVM public testnet, a layer two (L2) scaling solution announced in July that aims to reduce fees and inherit the security of the Ethereum blockchain. Polygon considers the testnet “the first open-source zkEVM network,”...
Polkadot: How parachains are changing a blockchain-centric ecosystem
11.10.2022
Parity chief marketing officer Peter Ruchatz discusses the ins and outs of Polkadot’s focus on interoperability at Token2049
EasyFi Partners With Voyager for 3-Way Multichain EZ Bridge
11.10.2022
EasyFi announced a partnership with Voyager to launch its latest 3-Way Multichain Bridge. The bridge will facilitate quick EZ token transfer across Ethereum, Avalanche, and BNBChain. This is the first service, and utility EasyFi has added to Avalanche since its platform launch. The development...
Community interaction beaming through the crypto space: Blockchain Economy Dubai 2022
11.10.2022
The Blockchain Economy Dubai Summit 2022 highlighted that the crypto community is eager to engage and interact with fellow community members
European Authorities Want Automated Software to Monitor DeFi Activity on Ethereum Blockchain
11.10.2022
The European Commission, the EU’s executive branch that proposes legislation and implements decisions, is digging deeper into decentralized finance (DeFi) – and is looking to study Ethereum (ETH) data to do so.
The Commission has submitted a document per which it seeks, as it says,
“A pilot...
The Web3 Foundation taps edX for free courses on blockchain and Polkadot
11.10.2022
The first two out of the four-course series on blockchain and Polkadot will start on October 20, the enrollment is open now
Zero-knowledge KYC could solve the privacy vs compliance conundrum: VC partner
11.10.2022
Zero-knowledge Know Your Customer (KYC) would allow businesses to adhere to strict AML/CTF rules while ensuring customer privacy
Value Held by Blockchain Oracles Slides 61% in 7 Months, Chainlink Dominates by 45%
10.10.2022
While the crypto economy has shed significant value, losing more than $2 trillion since the highs recorded at the end of 2021, a great deal of value was erased from smart contract platform tokens and decentralized finance (defi) protocols. One sector of the defi ecosystem that’s recorded...
Venom Foundation Is Boosting MENA Crypto Adoption
10.10.2022
Today’s entrepreneurs in the MENA area are regarded as the forerunners in adopting global crypto trends; thus, enterprises must explore decentralization for commercial, governmental, and social initiatives. The first cryptocurrency foundation in the ADGM with permission to run a blockchain...