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Tether Implements Voluntary Wallet-Freezing for OFAC Sanctioned List

Tether, the stablecoin issuer, said on December 9 that it is launching a voluntary wallet-freezing policy as part of its ongoing efforts to cooperate with regulatory and law enforcement organizations. Tether has been imposing restrictions on the secondary market to block transactions with Sanctioned individuals on the OFAC Specially Designated

December 9, 2023 2 mins read

Arbitrage Bot Depletes LFNTY-USDC Pool on Lifinity DEX

An arbitrage bot depleted the LFNTY-USDC pool on December 8 from the decentralized exchange (DEX) Lifinity. The $699,090 loss was triggered by an unanticipated reaction to a botched deal, according to Lifinity’s Discord channel. Durden, a key member of Lifinity, revealed that a bot tried to benefit from price disparities

December 9, 2023 1 min read

AYA Platform of Enjinstarter Granted Virtual Asset Service Provider Licence by Dubai’s Virtual Assets Regulatory Authority

Licence is subject to fulfilment of pre-operating conditions and qualifying for operational approval. The Licence will enable Enjinstarter to begin operating AYA, its climate-focused launchpad. DUBAI, United Arab Emirates–(BUSINESS WIRE)–Web 3 Innovations FZE (trading as AYA), the Dubai entity of Enjinstarter, a leading Web3 launchpad and advisory company, today announced

December 9, 2023 5 mins read

Revolutionizing Water Stewardship – The City of Dire Dawa and Nedamco Africa Unveil Cutting-Edge Water Management Platform Initiative at COP28 | December 9th 2023 | COP28UAE Press Center

In a joint press statement today, the city of Dire Dawa, Ethiopia and Nedamco Africa announced the launch of Nedamco Africa’s comprehensive digital water management platform, “CCW” for the Dire Dawa administration. This success-based public-private partnership is a testament to Dire Dawa’s dedication to pioneering environmental innovation and showcases the

December 9, 2023 6 mins read

Shiba Inu Touches $0.00001 Then Retreats: What Next For SHIB?

Shiba Inu recently reached a significant milestone, touching the elusive $0.00001 mark, symbolizing the removal of a zero from its value. The brief celebration, however, proved fleeting, lasting a mere 15 minutes before SHIB retraced its steps, promptly adding the zero back to its price figure. However, SHIB has surged

December 8, 2023 2 mins read

Gate.io Lend & Earn Reaches New Heights With $500M in Loaned Assets

Gate.io, a leading crypto exchange and Web3 innovator, has announced a significant milestone for its crypto lending platform, Lend & Earn. The platform has reached an all-time high of over $500 million in capital committed by lenders, with nearly a quarter of that sum being in the form of Tether

December 8, 2023 2 mins read

Web 3 & AI Professionals Choose Dubai as New Home, But Why?

The broad spectrum of future technology is evolving fast. Lightning fast. As future tech companies have started to demand more from the cities they call home, investors also began to find themselves on an exhilarating journey. Seeking unparalleled opportunities that align with forward-thinking companies that promise not just returns, but

December 8, 2023 3 mins read

Cardano (ADA) Wallet Receives Crucial Update

Eternl, a versatile Cardano light wallet, has unveiled its latest release, Eternl v1.11.17, bringing forth significant changes in collateral handling and several noteworthy improvements. The standout feature of this update is the alteration in collateral handling, ensuring that transactions made via Eternl collateral take precedence when no other UTxOs are

December 7, 2023 1 min read
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