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Ghana Proposes New Stringent Regulations for Crypto Exchanges

The Bank of Ghana has taken a significant step towards regulating the cryptocurrency sector. They released a set of draft rules aimed at crypto exchanges operating within the country. These proposed regulations are designed to bring more transparency and security to the rapidly growing digital asset market in Ghana. Additionally,

August 16, 2024 2 mins read

Will Ethereum (ETH) Drop Further Amid the Bearish Trend?

As in the mid of August, Ethereum (ETH), has witnessed significant bearish momentum over the past weeks. This largest altcoin struggles to break through the oscillating price range and chooses to consolidate within $2,600-2,700.  Last week on August 5, ETH declined to its seven-month low at the $2.1K range. Gradually,

August 16, 2024 2 mins read

Tron Network Achieves Annual Peak with 7.99 Million Daily Transactions

The Tron network founded in 2017 maintained an average of 7 million transactions per day with over 8.2 billion transactions. This network has now recorded an impressive 7.99 million daily transactions last week. The low gas fee of the network is one of the major reasons for the high number

August 16, 2024 2 mins read

Ripple Set to Settle $125M Penalty Amid SEC Appeal Uncertainty

Ripple’s legal battle with the U.S. Securities and Exchange Commission (SEC) is once again under the spotlight as concerns grow over the potential appeal of a recent court decision. The SEC might challenge the ruling, which ordered Ripple to pay a $125 million civil penalty for violating securities laws by

August 16, 2024 2 mins read

Bybit Acquires VASP License to Operate in Argentina

Bybit, a major player in the cryptocurrency arena, has officially set up operations in Argentina with its newly acquired Virtual Asset Service Provider (VASP) license. This move signifies Bybit’s compliance with Argentina’s anti-money laundering (AML) and counter-terrorism financing (CFT) regulations and highlights the nation’s forward-thinking stance on cryptocurrency regulation. In

August 16, 2024 2 mins read

Tackling Digital Inequality: Solutions for Global Connectivity

The world is more connected than ever, but there are still billions of people without an internet connection. In today’s society, where so much of our daily lives depend on internet access, this gap has become a challenge to global development. Digital inequality not only worsens current social and economic

August 16, 2024 6 mins read

Japan’s METI Launches Blockchain Pilot to Boost RWA Tokenization

Japan’s Ministry of Economy, Trade and Industry (METI) has taken a bold step towards the future by launching a pilot program. It focused on promoting the adoption of digital public goods through Web3 and blockchain technology.  This initiative involves major players such as PricewaterCoopers(PwC), Rakuten, and NTT Digital; moreover, it

August 16, 2024 2 mins read

Web3 Liquidity Provider ‘Orderly Network’ Secures $5M Strategic Funding

Orderly Network, a web3 liquidity provider, has secured $5 million in strategic funding. A release was shared with The Block, which states that the new funding was engaged in by OKX Ventures, Manifold Trading, Presto Labs, LTP, Nomad Capital, and Origin Protocol. In an effort to address the liquidity issues

August 16, 2024 1 min read

VC Founders Summit to Ignite Innovation and Investment in Singapore

The much-anticipated VC Founders Summit is set to take place on September 21st, bringing together venture capitalists, industry leaders, and innovators to shape the future of investment and entrepreneurship. As a dynamic side event of the renowned Token2049 conference, and coinciding with the excitement of Singapore Formula One Week, this

August 16, 2024 2 mins read