Jio Financial Services (JFS), a subsidiary of Reliance Industries Ltd, is taking a technologically-driven approach in expanding its product offerings by exploring blockchain-based platforms and CBDC. Mukesh Ambani, Chairman and MD of RIL, highlighted JFS’s strategic orientation during the company’s annual general meeting. Ambani said JFS wants to become a
Paul Chan Mo-po, the finance secretary of Hong Kong, has stated his continued belief in blockchain technology, which he predicts will usher in a period of remarkable growth for the digital technology sector. Chan predicted that new forms of Web3-based entertainment will dominate the next generation of digital media in
According to his attorney, Roman Storm, co-founder of Tornado Cash, was freed on bond shortly after his detention by the U.S DOJ on August 23 on money-laundering and other charges. On August 24, Brian Klein, Storm’s attorney, announced his client’s release from jail on Twitter. According to Klein, he is
Western Union, the world leader in money transfers, has entered the cryptocurrency realm. CEO Hikmet Ersek has said that the business is investigating ways to use the Ripple blockchain and its native token, XRP. Western Union’s entrance into blockchain and cryptocurrencies was announced by Ersek in a recent conference call
Officials from the Chinese government introduced a new blockchain-based data exchange during the 2023 Hangzhou Summit in Hangzhou, China. More than 300 companies took part in the launch of the exchange. According to articles published on August 23 by local news outlets in Hangzhou, the city’s newest data exchange will
Web3 SuperApp Kresus has introduced Kresus Marketplace, an integrated marketplace for discovering decentralized applications (dapps) on Polygon. Accessing the Polygon ecosystem and interacting with its most well-known dapps is now possible for users of the Kresus SuperApp, a global wallet and access to everything web3. Kresus Marketplace, a fresh addition
By integrating with Shopify Inc., one of the leading global e-commerce leader, Solana Pay, developed by Solana Labs, has attained a major milestone. With this strategic alliance, businesses will be able to better do business and interact with the digital assets realm. Using the Solana blockchain, Solana Pay offers frictionless
In the dynamic world of cryptocurrency, the largest crypto exchange Binance and its native token, BNB, have emerged as the leading topic of discussions. According to a crypto analyst platform SantimentFeed, Binance currently holds the top spot, while BNB ranks third among the fastest rising topics in the crypto sphere.
Tron network has experienced significant development this year, surging to become the second-largest blockchain in terms of Total Value Locked (TVL). TVL represents the total amount of cryptocurrency assets locked within decentralized finance (DeFi) protocols and platforms on a specific blockchain. According to the data from DefiLlama, TRON’s TVL has
Project SEED, an innovative blockchain gaming ecosystem poised to revolutionize the mobile gaming industry, is set to launch its groundbreaking mobile game ‘Outland Odyssey this August, alongside ‘SEED: GROW’ and ‘SEED: Staking’. With an approach that combines blockchain technology, Free-To-Play & Own mechanics, and community-driven governance, Project SEED aims to
