Fri, June 26

Russia Aims to Enable Cryptocurrency for International Payments

The Bank of Russia intends to evaluate the use case of cryptocurrency for international payments within the regulatory sandbox framework. Olga Skorobogatova, the first Deputy Chairperson of the central bank stated this on Monday as per Tass. Skorobogatova stated that  “They are currently preparing to test the use of cryptocurrency

December 20, 2022 1 min read

NC Global Media Pulled off its Neo Blockchain Meetup NC BlockFiesta

Dubai-based blockchain media and marketing agency NC Global Media’s “NC BlockFiesta” succeeded in amplifying a zestful blockchain wave in Chennai on Saturday. The event hosted more than 100 attendees including dynamic figures of the industry and the curious web3 community in the city at Flame Le Club, Le Meridien.  Significantly,

December 20, 2022 3 mins read

Looking Glass Labs & Cavrnus Partner on Unreal Engine-based Metaverse Development

Looking Glass Labs is looking to accelerate the development of its nascent Pocket Dimension metaverse after forging a strategic partnership with the Unreal Engine-focused metaverse development platform Cavrnus.  LGL is best known for its hugely successful GenZeroes NFT collection. GenZeroes is a thrilling Sci-Fi action series that’s powered by NFTs,

December 19, 2022 3 mins read

Howey Test Has Limits as per SEC Commissioner Hester Peirce

The Securities and Exchange Commission (SEC) uses the so-called Howey test to decide whether a digital asset should be classed as a security, although SEC Commissioner Hester Peirce has said that the test has limits. The standard is based on a 1946 Supreme Court ruling that established the conditions under

December 19, 2022 1 min read

Nigerian Government Proposes Legislation Regulating Cryptocurrencies

To keep up with global trends, the Nigerian government is expected to approve legislation regulating Bitcoin and other cryptocurrencies in the near future. On December 18th, Punch Newspapers, a leading publication in Nigeria. Published the article after interviewing House of Representatives Committee on Capital Markets Chairman Babangida Ibrahim. The local

December 19, 2022 1 min read

Edward Snowden Proposes To Be New Twitter CEO With Salary in Bitcoin

Edward Snowden, the NSA leaker, has shown interest in becoming Twitter’s CEO. The 39-year-old ex-NSA consultant said in a tweet today that he would accept payment in Bitcoin for the position. It was in reaction to Elon Musk’s statement that he need a CEO who could “keep Twitter alive.” All

December 19, 2022 2 mins read

Elon Musk Should Step Down as Twitter CEO, Says Poll

Late Sunday, Elon Musk posted a poll asking users if he should step down as Twitter’s CEO, the social media platform he bought in October that has sparked controversy ever since. Should I step down as head of Twitter? I will abide by the results of this poll. — Elon

December 19, 2022 1 min read

US Senate Banking Chair Suggests Outlawing Cryptocurrency

Sherrod Brown, the head of the United States Banking Committee, propounded that the Securities Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) to embargo Cryptocurrency. He further stated that the Treasury Department and “all the other agencies” should evaluate any potential actions linked to the Cryptocurrency market. Brown

December 19, 2022 1 min read

OKX Exchange Stops as Alibaba Cloud Hardware Fails

The overall philosophical trust upon the crypto exchanges are devastating the entire crypto industry terribly. With the fall of FTX exchange, the entire notion people had upon the crypto exchanges took a bad turn.  Ever since then, exchanges are ultimately towards the aim of restoring the lost trust, and faith

December 18, 2022 2 mins read

Raydium Hacked, Looses $2.2M!

Every then and there, occurs an incident, either a hack or an attack upon the crypto industry. The worst affected are always the exchanges, notably. In such terms, Raydium, the best functioning Decentralized Exchange (DEX) upon the Solana (SOL) blockchain was hacked on December 16th, 2022.  The hack took place

December 16, 2022 2 mins read