The Metaverse has been a popular topic of discussion at the ongoing World Economic Forum (WEF) 2023 in Davos. The web’s future design holds the promise of transforming numerous industries and is more than just a gamification virtual representation of reality.The WEF launched a working version of its own metaverse
January 20, 2023 2 mins read
Nexo Capital Inc, a significant lending platform, has agreed to pay $45 million in penalties to settle charges brought by the Securities and Exchange Commission (SEC) and state regulators. For failing to register the offer and sale of its retail crypto asset leading products, known as Earn Interest products. As
January 20, 2023 2 mins read
South Korea’s Financial Supervisory Services (FSS) has announced a proposal to establish a cryptocurrency monitoring tool. That will be integrated into the identification verification system by the end of January. As well as penalizing cryptocurrency investors who refuse to validate their identities. FSS governor Lee Bok-hyun officially announced this on
January 19, 2023 2 mins read
The US Securities and Exchange Commission filed a long-term action against Ripple in 2020. That contends the firm and its officials issued XRP cryptocurrency to investors without first registering it as a security. The series of hearings are already underway, and Ripple CEO Brad Garlinghuse has claimed that the disagreement
January 19, 2023 2 mins read
Polygon (MATIC), an Ethereum layer 2 scaling protocol, has successfully completed a hard fork. The upgrade intends to address the network’s gas spike and chain reorganization issues (reorgs). As per Polygonscan data, the software was upgraded to Polygon PoS. In an Ethereum-compatible Proof-Of-Stake sidechain, on Jan 17 at 10:45 UTC
January 18, 2023 2 mins read
The Securities and Exchange Commission in the United States has kept a keen eye on the cryptocurrency market. The regulatory authorities are ensuring no errors are unseen. And now it seems to have leaked the personal details of numerous crypto miners associated with the blockchain startup Green. Furthermore, the government
January 18, 2023 2 mins read
Accenture’s senior managing director, David Treat, highlighted why users should be able to move their data and crypto from one location to another at the World Economic Forum in Davos, Switzerland. According to Treat, portability is the future of self-custody in crypto, and one should give the option to transfer
January 17, 2023 2 mins read
The CEO of the most widely prominent decentralized platform, Sushiswap, Jared Grey has announced various awaited platform changes as well as a protocol 2023 roadmap. Sushi will become the market-leading DEX, with a focus on the user experience. Sushi’s CEO stated that a decentralized exchange (DEX) aggregator would be released
January 17, 2023 2 mins read
As part of the collaboration, VeChain and the China Accounting and Finance Association (CAFA) are working together to incorporate blockchain technology into the public accounting sector. CAFA will leverage the VeChain blockchain to develop a secure digital asset management system and an audit platform for Chinese public accounting firms. This
January 16, 2023 2 mins read
The global crypto market, which includes everything from Bitcoin (BTC) and Ethereum (ETH) to Dogecoin (DOGE) and thousands of many other cryptocurrencies, can be immense for those new to the crypto world. And the cryptocurrency market has been booming in recent days. In addition, today’s top five cryptocurrencies are Bitcoin
January 14, 2023 1 min read