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Dubai’s VARA grants Operational MVP license to Binance


Binance has announced receiving the Operational MVP license in Dubai through VARA – Virtual Asset Regulatory Authority. MVP here stands for Minimum Viable Product. The license grants Binance the authority to offer its digital products and services to institutional investors and qualified...

Top 5 Tron tokens and their applications


Tron, the digital platform that is decentralized and blockchain-based, owns its very own cryptocurrency, the Tronix or TRX. Founded in 2017, the Tron Foundation, a Singapore-based non-profit organization, bags the credit for discovering Tron. Tron Foundation focuses on anchoring a global...

Stable coin remittance success: Shinhan & SCB TechX on Hedera


Shinhan Bank, Taiwan, and SCB TechX’s leading financial institution have achieved an impressive demonstration of technological innovation and financial collaboration by publicly completing a PoC pilot on the open-source Hedera network for stablecoin remittances. Let’s explore...

UK Court Slaps Telecoin Crypto Scam Masterminds With 6-Year Jail Terms


Two masterminds of the Telecoin cryptocurrency scam will each serve more than six years in jail after a court in the United Kingdom found them guilty of fraud. According to Lee Parish, the detective chief inspector, the duo used the allure of crypto investment to dupe prospective investors....

$20 Million Crypto Mining Farm to Be Built at Hydropower Plant in Kyrgyzstan


Kyrgyzstan intends to build a new facility for cryptocurrency mining at one of the country’s hydroelectric stations. The project aims to minimize the power plant’s electricity losses by utilizing its full generating capacity that currently exceeds that of the transmission network. Kyrgyzstan...

Ethereum Liquid Staking Sees 270,000 ETH Influx in 2 Weeks


Recent statistics reveal that in the past fortnight, about 270,000 units of ethereum (ETH) were deposited into liquid staking derivative protocols. Currently, these decentralized finance (defi) staking platforms hold an estimated 10.65 million ether locked within their systems. Ethereum Liquid...

Crypto․com Granted Registration Approval in the Netherlands


Digital asset exchange Crypto․com has been approved for registration as a crypto service provider in the Netherlands. The regulatory nod comes after a review of its business operations and compliance with the Dutch anti-money laundering legislation, the company pointed out. Trading Platform...

As judge rules XRP not a security, Bitcoin & InQubeta rally


The crypto world is buzzing with excitement as XRP secured a significant legal victory. The U.S. Securities and Exchange Commission’s (SEC) long-standing lawsuit against Ripple was finally settled, with the judge ruling that XRP is not a security. This development has boosted XRP’s...

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