Since this year, the collapse of a number of cryptocurrency exchanges and ecosystems has been attributed primarily to native cryptocurrencies, the most recent example of this being the shocking downfall of FTX. The Korea Financial Intelligence Unit (KoFIU), Korea's...
Chinese internet platforms are hurrying to join the carnival as interest in the World Cup soccer tournament grows worldwide. The country's internet platforms are providing a "metaverse-like" viewing experience enabled by 5G and virtual reality (VR), which will allow...
Binance Labs announced a strategic investment in NGRAVE, a hardware wallet maker, and will lead its upcoming Series A round. NGRAVE is a blockchain and digital asset security company specializing in providing crypto consumers with user-friendly solutions that provide...
Ripple, a cryptocurrency payments platform based in the United States, is seeking regulatory approval in Ireland in order to enter the European market. According to CNBC, Ripple General Counsel Stuart Alderoty stated that "effectively, Ripple is operating outside of...
Emurgo, the official investment arm of the Cardano blockchain, is set to launch USDA, a stablecoin, next year. USDA will be the Cardano ecosystem's first regulated, fully fiat-backed stablecoin. Although most stablecoins are backed by other assets, they are...
The Securities Commission of the Bahamas has taken complete control of FTX Digital Assets. On the 17th of November, a press statement announcing the new user guidelines was made available to the public. The Securities Commission transferred all of...
The Sky Swans, a creative platform and community aimed at bringing NFTs, digital artists, and music into the real world, announced the launch of its brand today. Sky Swans will bring innovators and creators together, highlighting the value of...
Sensorium, the company behind the Sensorium Galaxy Metaverse, has announced a partnership with Polygon Studios. This partnership will help accelerate the development and adoption of Web3 projects. The partnership was also announced on Twitter. 📢🤝 @SensoriumGalaxy Teams up with...
The New York Innovation Center (NYIC) of the Federal Reserve Bank of New York announced on Tuesday that it would take part in a 12-week Proof-of-Concept project for central bank digital currency (CBDC) in collaboration with commercial banks. The...
El Salvador's president, Nayib Bukele, announced on Twitter at 6:28 a.m. GMT +1 that the country would begin purchasing one bitcoin per day. We are buying one #Bitcoin every day starting tomorrow. — Nayib Bukele (@nayibbukele) November 17, 2022...
