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The first yearly ETHTLV, which takes place from February 1 to 9 in Tel Aviv, is being organized by Israel’s most prominent web3 companies. In addition to establishing the community’s presence in the international web3 scene and discussing the actions web3 must take to enroll the next billion users, the
Investors’ faith in self-custodial platforms was badly shaken by events in the cryptocurrency industry last year. However, most retail investors aren’t familiar with or prepared to evaluate the pros and cons of various custodian options. Furthermore, many traders are not familiar with self-custodial options that are now on the market.
Support for Euro-backed IOUs on the XRP Ledger was recently announced by cryptocurrency exchange Bitstamp. Customers of Bitstamp may now use XRP Ledger for EUR transfers. Bitstamp tweeted on Twitter about their growing user base, saying: “We’re expanding our IOU Services on XRPL. You can now use EUR-backed IOUs as
A significant layer-1 privacy smart contract validator, the Secret Network has said it would stop providing nodes and support for the network. One of the largest validators, Smart Stake, declared on January 29 that it will stop operating validator nodes for the Secret Network on February 21. Smart Stake has
Web3 and blockchain innovation fund Venom Ventures Fund, run by Abu Dhabi-based investment fund manager Iceberg Capital Limited, has established a strategic agreement with Everscale, a leading blockchain that seeks to address the Web3 industry’s scalability problems. Everscale will get a $5 million investment from Venom Ventures Fund to assist
Montenegro’s Prime Minister Dritran Abazonic has stated that the country’s central bank would be working with Ripple to create a central bank digital currency (CBDC). While in Davos, Switzerland for the World Economic Forum, the country’s Prime Minister allegedly met with Ripple CEO Brad Garlinghouse and Vice President James Wallis.
The North Korean hackers responsible for the June thefts from the Harmony Bridge are still attempting to launder the stolen monies. ZachXBT, a blockchain detective, disclosed on January 28 that the culprits had transferred 17,278 Ether, or nearly $27 million, over the course of the weekend. ZachXBT said in a
A growing number of industries and governments are beginning to use blockchain, a key component of cryptocurrency. Sao Paulo’s new municipal data and transparency law recognizes blockchain as a tool that may be utilized to facilitate government operations. In the law, blockchain is described as a distributed digital ledger that
Binance, a prominent cryptocurrency exchange, has stated that on January 30, 2023, at 6:00 a.m. (UTC) it would execute wallet maintenance for the Tron Network (TRX). The duration of this is roughly 1 hour. Therefore, commencing on January 30 at 5:55 a.m. UTC, Tron Network (TRX) deposits will be temporarily
After completing its private and public sale of Fasttoken (FTN), a part of the Fastex web3 ecosystem developed by SoftConstruct, has raised $23.2 million. The public was given access to FTN, the official cryptocurrency of the Fastex ecosystem, on January 18 as part of a token creation event that was
