In a significant move to bolster Anti-Money Laundering (AML) efforts, the European Banking Authority (EBA) has announced the expansion of Travel Rules guidelines to encompass crypto service providers and their intermediaries. Starting from December 30, crypto exchanges operating...
Web3-focused investment firm DWF Labs has announced the creation of the Cloudbreak Fund, a $20 million initiative aimed at supporting innovative projects and founders in Chinese-speaking regions. According to a recent press release, the fund will focus on...
Notcoin, a popular Telegram-based mini-game, has partnered with gaming analytics firm Helika to launch a gaming accelerator on Telegram. The accelerator program, backed by $50 million in funding from Helika, is designed to support game studios, mobile app...
Nintendo has decided to avoid utilizing generative artificial intelligence (AI) tools in its game development processes due to concerns surrounding intellectual property (IP) breaches. During a recent shareholders' general meeting, Nintendo's president, Shuntaro Furukawa, expressed his reservations...
The Nigerian government has unveiled plans to establish research centres dedicated to artificial intelligence (AI), the Internet of Things (IoT), and blockchain technology technologies. The National Information Technology Development Agency (NITDA)’s Director-General, Kashifu Inuwa, represented by NITDA's Director...
The Bitcoin Core developers have unveiled a new policy focused on disclosing "critical bugs" in a move to improve the communication of Bitcoin security vulnerabilities. This announcement came in a message to the Bitcoin Development Mailing List on...
The Bank of Russia is exploring the possibility of legalizing stablecoins for cross-border transactions, a move that could provide alternative trading avenues amid ongoing economic sanctions. Alexei Guznov, deputy governor of the central bank, revealed this development in...
Cryptocurrency exchange Bitget is actively pursuing regulatory compliance in India and is now in active discussions with the country's Financial Intelligence Unit (FIU) to secure registration as a Virtual Asset Service Provider (VASP). This development was disclosed by...
Crypto trading platform Backpack has announced the appointment of Laurence King as its new head of audit. According to a recent press release, King, a banking veteran with nearly three decades of experience at major financial institutions, joins...
Blockchain oracle network Chainlink has joined forces with Fidelity International and crypto bank Sygnum to bring net asset value (NAV) data on-chain. This collaboration, as detailed in a statement released Wednesday, July 3, 2024, seeks to enhance transparency...
