There will soon be a new decentralized payment system, powered by Cardano’s layer-2 solution Hydra Head and compatible with the Web3.0 wallets on the network, according to a recent update released on Twitter by the renowned ADA Whale. The ADA Whale update states that the service to settle future payments
July 8, 2023 2 mins read
The transaction volume, up a stunning 361.39% in the previous 24 hours, suggests that Shiba Inu whales are on a dramatic move. The prior day’s volume of large transactions of Shiba Inu amounted to $46.45 million and is now standing at $68M. According to IntoTheBlock statistics, the volume of Shiba
July 8, 2023 2 mins read
Since the Dutch authority did not grant Binance a virtual asset service provider (VASP) license certifying that it complies with anti-money laundering (AML) requirements, the world’s biggest cryptocurrency exchange has decided to leave the country. The exchange said in a statement that as on July 17, only Dutch citizens may
July 6, 2023 2 mins read
Telescope Labs is excited to announce the release of its full solution suite. The startup company focuses on fundamental data analytics and AI-driven gaming economics. The London-based company has emerged from the shadows in the wake of a successful pre-seed investment round in September that drew over $2 million from Griffin
July 6, 2023 3 mins read
Denmark’s financial watchdogs are cracking down on cryptocurrency exchanges and payment processors. This is after they banned local banks from holding cryptocurrencies to protect themselves from trading risks. Saxo Bank, a Danish financial firm, was formally forced to sell its crypto assets by the Danish Financial Supervisory Authority (DFSA) on
July 5, 2023 2 mins read
One of the top online learning platforms in the world, Coursera, has partnered with Binance Academy, the education division of Binance, the largest cryptocurrency exchange in the world. Coursera has more than 124 million users worldwide. Through this partnership, educational opportunities will be made available to everyone in the world
July 5, 2023 2 mins read
On Sunday, October 8th, the Financial Conduct Authority’s (FCA) new financial promotional system will go into force. The FCA has reportedly sent letters to both domestic and international companies marketing cryptocurrencies to consumers in the United Kingdom. Warning them that they must adhere to the forthcoming crypto ad compliance rules
July 5, 2023 1 min read
Financial authorities in South Africa have recently demanded that cryptocurrency exchanges register by the end of the year or risk legal action. By the end of the year, South Africa’s Financial Sector Conduct Authority has mandated that cryptocurrency exchanges submit applications for operational licenses. Since accepting applications for licenses began
July 4, 2023 2 mins read
The recent reorganization at the People’s Bank of China (PBOC) has dashed expectations for a reversal of China’s prohibition on digital-asset trading, which has been in effect since September 2021. However, Bloomberg notes that the nomination of Pan Gongsheng, a veteran Communist Party leader, as PBOC governor, indicates a dedication
July 3, 2023 2 mins read
To safeguard investor funds, the Monetary Authority of Singapore (MAS) is considering mandating that crypto exchanges maintain a dedicated trust. On Monday, the Monetary Authority of Singapore (MAS) allegedly ordered cryptocurrency exchanges in the country to start holding customer funds in trust. By the end of 2023, all crypto trading
July 3, 2023 2 mins read