Web3 businesses battled for investment from Binance Labs in the highly acclaimed worldwide digital series Build The Block, and today zkPass was named the winner by Binance. The founding team of zkPass received the most votes during the seven-episode competition, which comprised 12 project finalists and was therefore given the top
June 2, 2023 3 mins read
The Formula One racing team Oracle Red Bull Racing has formed a cooperation with layer-1 blockchain protocol Sui Network. As stated in the press release, Sui Network has been selected as the team’s blockchain partner and will be collaborating with the organization to create innovative digital content for the group’s
June 1, 2023 1 min read
The QWAN Foundation is supporting the introduction of The QWAN, a gaming token that enables a decentralized economy for all players worldwide, and Banger has been onboarded to The QWAN Ecosystem as the first significant gaming platform. The QWAN is a native token for gaming platforms, as well as an
May 30, 2023 3 mins read
Any foreigners caught using cryptocurrency on the island of Bali as a form of payment would be “dealt with firmly,” the government has warned. At a news conference on Sunday to promote Bali’s tourist industry, Governor Wayan Koster warned that foreigners who use cryptocurrency for purchases or otherwise infringe the
May 29, 2023 1 min read
Al Ansari Exchange is the biggest outbound personal remittance and foreign exchange firm in the United Arab Emirates (UAE), and Tranglo, a key partner of Ripple, has announced a substantial engagement with the company. In addition to potentially affecting Ripple’s ODL service, this cooperation also represents a major step forward
May 29, 2023 2 mins read
China seems to be welcoming foreign businesses into some sectors. The nation has taken a strong line against the buying, selling, and holding of cryptocurrencies like Bitcoin and Ethereum, yet it is still actively promoting the growth of Web3. Beijing Municipal Science and Technology Commission and Zhongguancun Science and Technology
May 28, 2023 1 min read
Charles Hoskinson, the founder of Cardano, thinks the decentralization of the project will serve as a “wake-up call” for the sector. Hoskinson recently shared an update with the community. During which he claimed that ADA is “substantially more decentralized” than any other cryptocurrency. Furthermore, the executive emphasized that the Cardano
May 27, 2023 1 min read
Polkadot-based Tether (USDT) may now be deposited and withdrawn on Binance, the world’s largest cryptocurrency exchange. Polkadot announced the news on Twitter, noting the ease with which Binance customers may transfer USDT to Polkadot. Thus, facilitating more rapid and less cumbersome transactions with the stablecoin. Tether’s addition to the Polkadot
May 25, 2023 1 min read
As answers from the Multichain team are still needed, the biggest cryptocurrency exchange in the world, Binance, said on Thursday that it will temporarily ban deposits for certain bridging network tokens. Meanwhile, a number of reports have surfaced suggesting that Zhao Jun, co-founder, and CEO of Multichain, has disappeared and
May 25, 2023 1 min read
Tenet, a layer-1 ecosystem for generating yield and utility for liquid staking derivatives (LSD), is growing its presence on the Cmarket through two significant partnerships with QTUM, a Proof of Stake network fusing the advantages of Ethereum and Bitcoin, and Conflux, a layer-1 network running on a hybrid Proof of
May 24, 2023 3 mins read