Regulation authorities in Canada are preparing to impose tighter laws for exchanges in the nation, only days after the U.S. Securities and Exchange Commission (SEC) imposed limitations on crypto-related activity. The Canadian Securities Administrators (CSA) are said to be drafting new regulations. That cryptocurrency exchanges operating in Canada will have
February 17, 2023 1 min read
Siemens, a German industrial and technology behemoth, has issued a digital bond on a public blockchain. Making it one of the first firms in Germany to do so. In compliance with the German Electronic Securities Act, it has a value of 60 million euros ($64 million) and a maturity of
February 15, 2023 2 mins read
Polygon (MATIC), one of the most prominent scaling initiatives on Ethereum, is preparing to launch a mainnet version of its new Layer-2 scaling solution, zkEVM, on March 27. For this reason, zkEVM will be a ZK-Rollup, which performs computations off-chain on a separate layer. This will facilitate safer, more convenient,
February 15, 2023 1 min read
Bakkt, a platform for managing digital assets, has now stated it would discontinue its consumer app in favor of interacting directly with companies to provide them “with crypto and loyalty experiences for their customers through SaaS and API solutions.” On March 16th, there will be a final shutdown of the
February 14, 2023 1 min read
Visa, a leader in digital payments, has announced a collaboration with the cryptocurrency payments app Wirex, allowing the latter to issue cryptocurrency debit cards to customers in more than 40 countries. Today, the two corporations issued a statement formalizing their relationship, marking the beginning of a long-term, worldwide alliance between
February 14, 2023 1 min read
Financial data analytic firm Messari said that in the fourth quarter of 2022, the blockchain platform Tron Network produced $47.9 million in revenue, up 25% from the previous quarter. Additionally, the company saw an a increase in daily active addresses and daily transactions. Most recently, Messari detailed how the cryptocurrency
February 12, 2023 1 min read
As a result of user criticism, the biggest cryptocurrency exchange by trading volume stated on Saturday that it has restored previously-set withdrawal limitations on the Tron network. After the Tron DAO voted to change the energy pricing technique used on the network, Binance announced that it will be increasing fees.
February 12, 2023 1 min read
The core of the Parisian art scene is getting NFTs. The Centre Pompidou in Paris, France, which houses the National Museum of Modern Art. Announced on Friday that it will be hosting a new exhibition exploring the intersection of art and the blockchain. Which will include works by 12 digital
February 11, 2023 2 mins read
Bloomberg reports that due to regulatory worries in the sector, PayPal has halted the development of its upcoming stablecoin. In light of yesterday’s announcement of an inquiry into Paxos. The payment platform is suspending the development of its own stablecoin. PayPal remained bullish on the release of its stablecoin initiative.
February 11, 2023 1 min read
Web3 Accelerator is dedicated to helping startups in a growing field. By offering co-working space, business assistance, financing options, and community, the program aids entrepreneurs in creating, tokenizing, and releasing new products. Fujitsu, a Japanese multinational technology firm, has announced the release of a new platform to aid Web3 developers
February 10, 2023 1 min read