Digital currencies emerged as an alternative to traditional fiat, with the goal of exploring new financial opportunities, lowering transaction costs, and promoting financial inclusion. However, early forms of digital currencies, like e-gold, faced challenges in solving the double-spending problem,...
Polygon Labs has entered into a strategic partnership with South Korea's telecommunications giant, SK Telecom (SKT), to foster the growth of the web3 ecosystem and nurture promising web3 startups. .@SKtelecom and Polygon Labs have inked a strategic collaboration to...
The Philippine National Police Anti-Cybercrime Group (PNP ACG) has issued a warning alert about the dangers associated with cryptocurrency-based gaming schemes. The Philippine authorities urged its citizens to maintain vigilance against the diverse tactics employed to extract funds from...
In the ongoing legal tussle between Ripple and the United States Securities Exchange Commission (SEC), Ripple has taken a decisive stance by countering the SEC's motion for an interlocutory appeal of Judge Torres's July 13 ruling. Ripple's response, presented...
Advancements in technology have given rise to alternative approaches in various areas, including the financial market. One such new approach in the financial industry is the tokenization of securities. While tokenized securities have been around for some time, it...
Europe has now made history with the launch of Jacobi Asset Management's Jacobi FT Wilshire Bitcoin ETF. The eagerly anticipated ETF began trading on the Euronext Amsterdam stock exchange on August 15, 2023, and it is the continent's first...
Bitget has announced the commencement of its Under 30 Virtual Hackathon. Set to run from August 12 to September 18, 2023; the Hackathon presents a $50,000 prize pool aimed at motivating young talents to create AI and blockchain solutions...
The Uzbekistani government has granted approval to two private banks, Kapital Bank and Ravnaq Bank, participating in its Special Regulatory Sandbox Regime for crypto assets, to issue crypto cards. These cards, named UzNEX, will be integrated directly with the...
Despite the liquidator's objections, a Singaporean court has ruled that the legal proceedings concerning the $140 million dispute between Teneo Capital, Three Arrows Capital (3AC)'s liquidators, and DeFiance Capital must take place within the country. These contested funds are...
Binance has taken another legal action in its ongoing battle with the United States Securities Exchange Commission (SEC). On August 14, 2023, the exchange submitted a motion requesting a protective order against the regulator. The motion, filed by BAM...
