Aptos Labs has unveiled a strategic collaboration with tech giant Microsoft, setting the stage for a concerted effort to accelerate the adoption of Web3 technology worldwide. The partnership leverages the capabilities of Microsoft Azure OpenAI Service to facilitate the...
Russia's Central Bank has announced that the anticipated pilot testing program for its central bank digital currency (CBDC), known as the digital ruble, is set to kick off on August 15, 2023. According to the Bank, this testing phase...
On August 8, 2023, Binance announced that it had been granted a licence to offer crypto services to residents of El Salvador. With these regulatory approvals, Binance can now provide tailored cryptocurrency products and services in the country. #Binance...
South Korean authorities have arrested Bitsonic CEO Jinwook Shin on charges of embezzling investments and deposits belonging to the exchange users. This arrest follows an extensive investigation that has unveiled a web of manipulative practices within the exchange. According...
Circle has unveiled a new addition to its product lineup – "Programmable Crypto Wallets." This new offering is designed specifically for developers; it offers them the tools to seamlessly integrate Web3 wallets into their applications. According to Circle, developers...
Alchemy Pay has announced a partnership with the Decentralized USD (USDD) team in another move to bolster its off-ramp services. The partnership, announced on August 8, 2023, will see Alchemy Pay integrate USDD into its Ramp platform, thus allowing...
Brazil's central Bank, Banco Central do Brasil (BCB), announced on August 7, 2023, that their digital currency (CBDC) will now be called "Drex" instead of "Real Digital." According to the Central Bank’s official statement, the name "Drex" is an...
Blockchain.com has made a significant stride in its expansion efforts across Asia. The crypto exchange revealed it had successfully obtained a Major Payment Institution (MPI) licence from the Monetary Authority of Singapore (MAS), solidifying its commitment to regulated services...
In a decisive move that underscores the growing influence of cryptocurrencies in the financial landscape, PayPal has taken the plunge into the world of stablecoins. On August 7, 2023, PayPal announced its entry product into the world of cryptocurrencies:...
In a strategic move to broaden its donation options, the Singapore Red Cross has announced a partnership with Triple-A, the first crypto payment gateway authorized by the Monetary Authority of Singapore. The collaboration, unveiled on August 7, 2023, now...
