Sat, June 27

SEC Charges Ex-US Congressman For Violating Securities Exchange Act

Stephen Buyer has been charged with insider trading by SEC. Stephen purchased more than $1.5 million worth of Sprint and Navigant Consultancy stock. The Securities Exchange Commission (SEC) charged Stephen Earle Buyer, a former US representative for Indiana’s 4th congressional district, with insider trading on July 26, 2022. SEC has

July 26, 2022 2 mins read

FCA Warns UK Investors About Risky Clone Firms

zfxtrade.com is accused of using the FCA-authorized firm’s legitimate details.  As per FCA, the website defrauds people in the United Kingdom. On Monday, the UK’s Financial Conduct Authority (FCA) released a cautionary notice about a clone firm for impersonating the financial trading platform, Zenfinex Group. The authority claims that the

July 26, 2022 2 mins read

QNB Expands RippleNet’s Philippine Capabilities

QNB launched a direct remittance service from Qatar to the Philippines. It is the first bank in Qatar to introduce this Service. A direct remittance service for money transfers from Qatar to the Philippines has been launched by Ripple partner QNB. It now holds the distinction of being Qatar’s first

July 26, 2022 2 mins read

SEC’s Inflexible Demand for Crypto Regulation Lands In Criticism-Loop

SEC recently alleged that 9 crypto assets listed by Coinbase are securities. SEC continues to have an eagle eye on the unregulated crypto industry. After charging a former Coinbase employee in an insider trading case, the U.S Securities and Exchange Commission (SEC) is now extremely serious on the grounds to

July 25, 2022 2 mins read

Unique Aging NFT Novatar Mint Commences Along With Immersive Virtual City

A unique collection of 25K Novatars is a one-of-a-kind creation resulting from a complex AI algorithm that considers factors such as race, ethnicity, and skin tone. Each NFT infant has distinct characteristics derived from the core nine genes. The NFT “Novatar” is quickly becoming part of a Metaverse with the

July 23, 2022 1 min read

Will Web3 Provide a Promising Future for Content Creators?

During the past few months, the creator economy achieved tremendous growth. The creator economy and Web3 technology are expected to converge in the future. The creator economy is a thriving sector now, which continuously flourishes day by day. The recent technological advancements have increased the potential of the creator economy.

July 23, 2022 2 mins read

FTX CEO and Solana Co-Founder on Web3 Builder Summit

The blockchain ecosystem is expanding its growth through new strategies. At this early stage of web3, FTX founder and CEO Sam Bankman-Fried and Solana co-founder Anatoly Yakovenko offered insightful advice for Web3 founders during an online Web3 Builder Summit, which was hosted by Wing venture capital partner Zach DeWitt. The

July 22, 2022 2 mins read

Tesla’s Bitcoin Sales Holds Up Musk’s Endless Dogecoin Love Era

Tesla retains $936 million in its balance sheet after selling BTC holdings. In the previous year, Tesla invested $1.5 billion in BTC. On Wednesday, Tesla Inc revealed in a letter to its shareholders, that the company has sold about 75% of its Bitcoin holdings, adding the amount of $936 million

July 21, 2022 2 mins read

Singapore Onboard to Become the Next BTC and Crypto Hub

Singapore is also affected due to the growing inflation.  New regulatory reforms revised for both BTC and other digital assets. Singapore to become a major hub for BTC and crypto. The Central Bank of Singapore along with the Monetary Authority of Singapore (MAS) together has planned to come up with

July 20, 2022 2 mins read

The Latest Samsung Mining Chips Will Produce 45% More Energy

Samsung starts producing 3-nm chips, which will be 45% more energy-efficient. The new chips are predicted to increase by 23%. The technology powerhouse Samsung announced at end of June, that they started creating new 3-nanometer (nm) mining chips that will use 45% less energy. While announcing the 3nm chip, Samsung

July 20, 2022 1 min read