The paramount bank and regulatory authority in Thailand, The Bank of Thailand, has banned commercial banks in the country from getting involved in crypto activities, especially trading crypto assets. Chayawadee Chai-Anant, the central bank chief executive, released an edict...
Bitmart, a crypto exchange, lost over $200 million to unauthorized access to its hot wallet that was hosted on BSC and Ethereum. A notable blockchain data analytics organization, Peckshield announced the hack when it pinpointed a transfer of over...
The CEO of Binance, Changpeng Zhao, has stated that the popular crypto exchange is nursing plans to expand into the region within some months, despite the UK's authorities preventing them from doing this earlier in the year. In June...
Recently, the ENS-Ethereum Name Service created a Decentralized Autonomous Organization(DAO) that will govern the ENS community. Two ENS delegates, Gregory Rocco and Victor Zhang, had thoughts about the ENS DAO's creation. Gregory Rocco is the co-founder of a decentralized...
The city of Miami will be one of the first to use the Algorand network and its Internet of Things functionality to observe the air quality. Miami will also utilize the air quality sensors deployed by Planetwatch, an environmental...
In a bid to celebrate the 50th National Federation Day, a UAE postal operator issued NFT stamps to residents. This goes to show that different authorities are seeing the need to use Non-Fungible Tokens for varying purposes. The UAE...
DappRadar has released an article stating that its data analysis shows that metaverse ecosystems have earned over a hundred million dollars through the sales of virtual lands. The aforementioned revenue was generated in only a week, which spans from...
The director of the Russian Federal Tax Service (SNSF), Daniil Egorov, has announced during an interview with a Russian publication- RBC- that the agency is currently monitoring the crypto scene to stop tax evasion activities. In the interview, he...
An Australian Senator, Jane Hume, has affirmed that decentralized finance (DeFi) is here to stay and it “presents enormous opportunities” for those residing within the country. She added that it will act as “a forerunner in innovation and economic...
Recently, Coinbase has been facing issues, and the exchange is working tirelessly to salvage the situation. It started off with a connectivity problem some days ago but has worsened into system difficulties, which have logged users out of their...
