Day: 8 August 2024

Gora Network has been accepted into Google's prestigious Web3 Startup Program. According to the official announcement, this development reflects the blockchain oracle's innovative approach to connecting real-world data with blockchain technology. As part of the program, Gora Network will receive significant support from Google Cloud, including $200,000 in cloud credits ...

Ripple's CEO, Brad Garlinghouse, has described the verdict in the legal battle between his company and the U.S. Securities and Exchange Commission (SEC) as a win for both the company and the U.S. crypto industry. "This is a victory for Ripple, the industry, and the rule of law," Garlinghouse wrote ...

A New York judge has  approved a $12.7 billion settlement plan that will see defunct cryptocurrency exchange FTX and its sister firm, Alameda Research, repay their creditors.  This settlement, which is part of a larger agreement with the United States Commodity Futures Trading Commission (CFTC), marks a significant milestone in ...

BitGo has secured the Major Payment Institution License from the Monetary Authority of Singapore (MAS), according to a recent press release from the firm.  The license positions BitGo as an authorized entity to offer regulated digital payment token services within Singapore.  According to the release, Singaporeans will benefit from the ...

A coalition of cryptocurrency advocates is urging the US administration to implement a comprehensive regulatory framework for digital assets, citing benefits for economic stability and national security. According to a post by Chen Arad, the Crypto Market Integrity Coalition (CMIC) sent a letter to President Joe Biden and Vice President ...

Zenqira is a decentralized computing platform dedicated to democratizing access to AI training resources. By connecting global computing providers with AI developers, Zenqira aims to reshape the AI landscape through collaboration, innovation, and cutting-edge technology. Zenqira, a pioneering force in decentralized AI computing, is excited to announce that the private ...

The Bharat Web3 Association (BWA) has emphasized the need for a comprehensive regulatory framework for the crypto and web3 industry in India. This declaration came as part of the association’s response to recent comments by a top official in the country’s Ministry of Finance about the Ministry's plans not to ...

Retail investing and trading platform Robinhood has announced its financial results for the second quarter of 2024, and cryptocurrency trading played a significant role in the company's impressive performance. Robinhood reported a 40% year-over-year surge in total net revenues, reaching $682 million. Transaction-based revenues led the charge, increasing 69% to ...

Tokoyo-based Metaplanet Inc. has secured a one billion yen ($6.8 million) loan to further expand its Bitcoin holdings, according to the latest update from the firm.   According to the firm, the loan was secured at an annual interest rate of 0.1% and would be paid back over the course of ...

The U.K.'s Financial Conduct Authority (FCA) has evaluated cryptocurrency firms' compliance with the new financial promotion regulations introduced in October 2023 to enhance consumer awareness of crypto investment risks. During the evaluation, the FCA examined how companies implemented personalized risk warnings, the mandatory 24-hour cooling-off period, client categorization, and appropriateness ...