On April 19, 2023, the Bank of England and the Innovation Hub London Center of the Bank for International Settlements (BIS) published a report on Project Meridian, a successful joint pilot project. The project tested a distributed ledger technology-based...
The European Commission has created a new research unit to investigate the effects of algorithms used by prominent online platforms and search engines such as Facebook and Google. On April 18, 2023, the European Centre for Algorithmic Transparency (ECAT),...
Gate.io has partnered with CityPay.io, a Georgia-based business that specializes in cryptocurrency payments, to launch a new cryptocurrency payment service called Gate Pay. The partnership will allow over 600 businesses in Georgia to offer their customers the option of...
Cryptocurrency wallet provider MetaMask has denied claims that a wallet exploit was responsible for the theft of over 5,000 Ether from its users. The allegations emerged following a series of tweets by Taylor Monahan, creator of MyCrypto, on April...
Bloomberg today reported that a Singaporean court has granted Babel Finance an additional three months of creditor protection. Babel Finance, a cryptocurrency lending company that ceased withdrawals in 2022, will now have more time to pay back creditors like...
Core DAO, a company dedicated to the growth of the Satoshi Plus ecosystem, has launched a $200 million Ecosystem Fund. The fund's goal is to hasten the creation of decentralized applications and protocols built on the Core Layer 1...
The Securities and Commodities Authority (SCA), the UAE's federal financial regulatory agency, has announced that it would accept license applications for companies wishing to offer virtual asset services in the country. The SCA mandates that all virtual asset service...
A group of twelve European Union (EU) politicians has released a statement calling for the safe development of artificial intelligence (AI) in response to a warning from Google's CEO, Sundar Pichai, about the dangers of unleashing powerful AI technology...
Coinbase has unveiled a plan for the UK to become a hub for the Web3 economy and "turbocharge" its cryptocurrency industry. On April 17, 2023, Sky News reported that the UK Treasury intends to reactivate the Asset Management Taskforce...
Bittrex, a US-based cryptocurrency exchange, may face legal action from the US Securities and Exchange Commission (SEC) for allegedly violating investor protection regulations, despite the exchange's plan to shut down its local operations. According to a Wall Street Journal...
