Web3 Accelerator is dedicated to helping startups in a growing field. By offering co-working space, business assistance, financing options, and community, the program aids entrepreneurs in creating, tokenizing, and releasing new products. Fujitsu, a Japanese multinational technology firm, has announced the release of a new platform to aid Web3 developers
Peter Wall, CEO of Argo Blockchain, a prominent crypto miner, has resigned. Alex Appleton, the business’s CFO, left the company a little over a week ago. As stated in an official release, Peter Wall will be leaving his position as CEO of Argo Blockchain after three years of service. He
New York regulators are reportedly investigating Paxos, the firm that issues the BUSD and USDP stablecoins. The Pax dollar (USDP) and Binance USD (BUSD), a stablecoin with the Binance name that is made available through a white-label service, are examples of Paxos’ stablecoins. Recent allegations about the federal bank regulator,
Following the regulator’s probe into Kraken, the crypto exchange had agreed to settle charges with U.S. Securities and Exchange Commission (SEC) and shut down its on-chain cryptocurrency staking service. The U.S SEC announced on Thursday that, the two Kraken entities ‘Payward Ventures and Payward Trading’ accept to pay $30 million
Aave has announced the launch of their native stablecoin, GHO, on the Ethereum Goerli testnet. Stablecoin, whose name is pronounced “GO,” is completely decentralized and entirely collateralized. The Aave Protocol’s system of minting via collateral guarantees that the oracle price of GHO will be pegged to the dollar at all
Interestingly, the web 3.0 wallet MetaMask has now announced that it would support bank transfers for customers in India. Users in India may now utilize the country’s premier payments system, Unified Payments Interface (UPI), to have immediate access to crypto assets. MetaMask users will be able to buy cryptocurrency using
Agreement provides for the acquisition of BitNile.com, Inc. by Ecoark for $100 Million in Stated Value of Preferred Stock BitNile.com to launch what it believes to be the first metaverse super-app that runs entirely in the web browser with no pixel streaming LAS VEGAS–(BUSINESS WIRE)–$AMEX #100_Million_Deal—Ault Alliance, Inc. (NYSE American:
A Satoshi-era Bitcoin address is back in the headlines after it recorded a transaction. The move sent more than $9.6 million worth of BTC from the wallet which was first created 11 years ago. Since October 1, 2012, address 1MMXRA has held a substantial amount of 412.12 BTC, or Bitcoin,
According to a statement released on February 7th, Bitfufu, one of Bitmain’s cryptocurrency enterprises, has delayed its ambitions to go public through a special-purpose acquisition company (SPAC) for a second time. With a pro forma enterprise value of almost $1.5 billion, the company was expected to go public in the
Coin Cloud digital money ATMs in the US and Brazil, has filed for Chapter 11 bankruptcy in the US Bankruptcy Court in the District of Nevada. On its website, Coin Cloud boasts of having more than 5,000 ATMs that support more than 40 different cryptocurrencies. When Coin Cloud had 4,826
