Thor Technologies and its CEO, David Chin, have been accused of violating the Securities Act of 1933 by the United States Securities and Exchange Commission (SEC), which has filed a complaint against the company and its leaders. The ICO that Thor held in 2018 involved the sale of digital tokens
In a recent update, the widely used cryptocurrency wallet MetaMask stated that it will begin supporting Layer 2 networks like Arbitrum and Optimism for its Swaps functionality. In the past, only Ethereum, Binance Smart Chain (BSC), Polygon, and Avalanche could participate in MetaMask Swaps. Users may aggregate data from many
Leading Islamic financial institution Abu Dhabi Islamic Bank (ADIB) has received the e-marketplace Champion Award. More so, the award is given in recognition of its excellence in digital adoption. From blockchain-powered e-Marketplace TradeAssets. As part of ADIB’s partnership with TradeAssets, an online marketplace for trade finance transactions, ADIB was the
The global dapp store, DappRadar, has released its 2022 end-of-year report on the blockchain, dapp, and cryptocurrency industries. One of the worst crypto winters ever occurred in 2022, resulting in a sharp decline in the value of most major cryptocurrencies and a spate of catastrophes, including the collapse of the
A long-term collaboration between Upland and UNICEF Brazil was announced in order to create a new social initiative and the Web3 academy in order to satisfy the pressing need for more chances for young people to get education, training, and employment. Through this special collaboration, it will be possible to
Polygon blockchain has collaborated with neobanking app hi and Mastercard to launch a platform that enables customers to generate customized, web3-focused NFT debit cards.Debit card users will be able to use crypto or fiat payments at 90 million merchants worldwide. Holders of NFT Debit Mastercards will also be able to
Beacon, an accelerator created by web3 founders for web3 founders, officially launches today, led by an experienced group of web3 founders and operators. To manage the initiative, Sandeep Nailwal, co-founder of Polygon and Symbolic Capital, has hired top entrepreneurs with experience in web3 financing, legal, security, and operations. Beacon is
Binance, the world’s leading cryptocurrency exchange to launch a comprehensive blockchain education program across Kazakhstan. According to the recent announcement from the exchange, the platform has partnered with leading state organizations in Kazakhstan to provide blockchain education to 40,000 individuals by 2026. Gleb Kostarev, Asia Regional Head at Binance stated:
The developer of the massively popular online action game Fortnite, Epic Games, has agreed to pay $520 million to resolve FTC charges that it failed to take adequate measures to safeguard children’s privacy in the game and engaged in misleading conduct with respect to in-game purchases. On Monday morning, the
Dubai-based blockchain media and marketing agency NC Global Media’s “NC BlockFiesta” succeeded in amplifying a zestful blockchain wave in Chennai on Saturday. The event hosted more than 100 attendees including dynamic figures of the industry and the curious web3 community in the city at Flame Le Club, Le Meridien. Significantly,
