Sat, September 13

Search Results for: crypto adoption

AAG Ventures Strategic Rebrand To Increases Bet on Metaverse

Henceforth, AAG Ventures will be referred to as AAG. AAG will release its wallet in Q4 of 2022. The web3 infrastructure company AAG Ventures is boosting its betting on the Metaverse, after a productive year of  assisting underprivileged people who used AAG to take advantage of the Play2Earn (P2E) revolution.

August 29, 2022 1 min read

Binance CEO Optimistic of Bitcoin Prices Despite Recent Fumble

After starting the month at $24,000, the Bitcoin/US Dollar pair has lost 14% this month. CZ mentioned that it’s been five years since bitcoin hit $20k for the first time. If current trends continue, Bitcoin (BTC) might have its worst August performance since the 2015 bear market next month. According

August 28, 2022 2 mins read

U.S Court Allows Voyager Digital to Offer Retention Incentives

In all, the KERP benefits amount to 22.5% of the salary of those who qualify for them. The request for the KERP payments was accepted by Judge Michael Wiles. The ailing cryptocurrency brokerage Voyager Digital has been allowed permission by a New York bankruptcy court to offer retention incentives to

August 26, 2022 1 min read

Animoca Brands Japanese Arm Raises $45M For NFT Initiatives

This comes at a time when Japan is enforcing more rules on the cryptocurrency sector. The current corporation tax rate is set at 30% on all cryptocurrency profits. Animoca Brands, a juggernaut in the crypto gaming and web3 investing space based in Asia, is expanding into Japan with the help

August 26, 2022 1 min read

Leading DeFi Protocol Compound Releases New Upgrade

The release is the result of a successful governance proposal. As of right now, customers may only withdraw their collateral. To simplify the process of borrowing and lending cryptocurrency, Compound, the leading DeFi protocol, has released a new “streamlined” version of the protocol dubbed Comet. The release is the result

August 26, 2022 2 mins read

Polygon Co-Founder Unveils $50 Million Web3 Venture Fund

Polygon has secured $450 million significant funding round earlier this year. Three blockchain-based gaming firms have received funding from Symbolic’s fund. Polygon, a layer two scaling platform built on Ethereum, has secured $450 million significant funding round earlier this year. Sandeep Nailwal, co-founder of the protocol, has revealed that he

August 26, 2022 1 min read

Binance Signs MoU With City of Busan To Promote Blockchain

The trading platform will help promote the Busan Digital Asset Exchange. Binance and Busan will also share their respective order books. The arrival of Binance, the biggest cryptocurrency exchange in the world, in South Korea is eagerly anticipated. Binance has inked a memorandum of understanding with the city of Busan

August 26, 2022 2 mins read

US Congressmen Asks OFAC to Clarify Tornado Cash Sanction

On August 8, the OFAC issued sanctions on Tornado Cash. Emmer asked what considerations caused a piece of technology to a sanction’s list. A member of Congress in the United States has questioned the Treasury’s decision to ban Tornado Cash. The penalties on Tornado Cash, a “neutral, open-source, decentralized technology,”

August 24, 2022 2 mins read

Authorities in India Establish ‘India Blockchain Forum’

It was said that forty influential individuals had signed up for the forum so far. There will be a Web 3.0 regulatory sandbox, as promised by the Telangana government. The trading and dealing of digital assets in India have been met with several regulatory obstacles. But some very important people

August 23, 2022 2 mins read
Little Pepe