The South Korean Financial Services Commission (FSC) has outlined rules for the passage of the Virtual Asset User Protection Act. These rules, which are expected to take effect on July 19, 2024, are an attempt to create a trustworthy virtual asset market and a safe environment for consumers. Notable exceptions
Chainwire, a blockchain PR distribution service, has teamed up with Tokensoft, a digital asset and compliance platform. Through the arrangement, the Tokensoft ecosystem will have access to Chainwire’s world-class PR platform, enabling it to engage with cryptocurrency communities worldwide. Leading cryptocurrency ecosystems including Avalanche, The Graph, Connext Network, and Arbitrum
Orderly Network is pleased to announce a strategic alliance with Slash Fintech – a budding fintech helping developers integrate Web3 fintech solutions by making it simple, safe, and reliable for everyone – individuals, merchants, and organizations – online and offline to participate in digital asset payments. Orderly Network’s ever-increasing global
Ripple, the renowned blockchain-based payment protocol, has forged a strategic alliance with Onafriq. This collaboration aims to revolutionize cross-border transactions and address the challenges associated with outdated payment systems prevalent across the continent. Ripple’s ambitious venture aligns with Africa’s surging fintech sector, anticipated to offer a substantial $2.7 trillion opportunity.
Spot Bitcoin ETF applicants are still on high alert as of Monday night, when BlackRock and Bitwise filed a new ETF S1 prospectus. This change occurred during the week’s strong start, when the price of Bitcoin surged beyond $42,000. Bloomberg ETF Strategist James Seyffart recently updated his readers on the
The year 2023 has been an exhilarating journey in the Web3 industry, marked by significant milestones and pivotal shifts. From the launch of Bitcoin ordinals to the much celebrated Arbitrum airdrop, the landscape has seen unprecedented growth and engagement. The recent surge in the industry, accompanied by a notable bull
The Blockopedia, a leading web3 news publication is excited to announce the second edition of its BlockTalks event series, slated to take place in Bengaluru, Karnataka on December 7. This event, following a highly successful inaugural edition in Gurugram, marks a significant step in bringing together the brightest minds and
On December 4th, South Korean financial authorities issued an update requesting that consumers disclose any unauthorized cryptocurrency exchanges providing services to customers inside the area. The endeavor was a joint effort by the South Korean Financial Intelligence Unit (FIU) and the Digital Asset Exchange Association (DAXA). Upbit, Bithumb, Coinone, Korbit,
The DeFi protocol KyberSwap lost $48.8 million due to a major vulnerability that occurred on November 22. The company plans to compensate individuals who were impacted financially. In response, KyberSwap is setting up a grant program to compensate those impacted by the incident using funds from its treasury. Affected persons
SAN FRANCISCO–(BUSINESS WIRE)–In a move poised to simplify the intricate world of crypto infrastructure, Toku, the premier token compensation administrator, and Hedgey Finance, a leader in onchain token vesting, are collaborating to offer both services in a single, streamlined experience for onchain organizations. This collaboration aspires to uncomplicate token compensation
