Blockchain

Asia, led by the proactive initiatives of Singapore and Hong Kong, is swiftly becoming a hub for well-defined cryptocurrency regulations. Ong Chengyi, the Head of APAC Policy at Chainalysis, emphasized the similarity in both jurisdictions’ commitment to upholding rigorous regulatory standards and fostering a conducive atmosphere for digital asset enterprises. In sharp contrast, the...

In an exclusive announcement, OKX Group’s Commercial Director, Jimmy Lai, discloses that the company stands on the brink of securing a coveted cryptocurrency license in Hong Kong. With ambitious plans in mind, OKX Group is poised to draw a substantial wave of retail investors, targeting a range of 100,000 to 200,000 individuals in Hong Kong. […]

Welcome to the world of decentralized finance (DeFi), where financial services and tools, such as investments, lending, borrowing, trading, tokenized real estate, and insurance, are made available through decentralized websites. In contrast to traditional centralized finance, where banks and financial institutions typically act as intermediaries, DeFi operates on a peer-to-peer basis...

PayPal’s entry into the world of cryptocurrencies highlights two key points. Firstly, it underscores the urgency for major financial firms to embrace the crypto revolution. By introducing its own stablecoin, PayPal now provides over 400 million users with seamless access to digital assets, enhancing their ability to invest. Unlike opting for established stablecoins like Tether […]

In the landscape of cryptocurrency adoption, El Salvador stands witness to widespread awareness of Bitcoin; however, its practical utilization remains relatively modest, barring some exceptions seen in popular tourist destinations. On a parallel note, Argentina’s economy grapples with escalating inflation rates, a backdrop that amplifies the surge in Bitcoin adoption within the nation...

For individual customers and institutions, regulations and transparency are key and help build assurance. So, gaining access to a regulated cryptocurrency derivatives market is very important for bringing about notable developments and expanding the involvement of people in the cryptocurrency economy. Roughly two years ago (September 2021), Coinbase Financial Market applied to the NFA to...

A new social application based on cryptocurrency was launched on August 10, and since then it has gained rapid traction within the crypto Twitter community. The social application was named ‘Friend.Tech’, and it is exclusively available on mobile devices. It is built on or established on the recently introduced Layer 2 blockchain, known as Base. […]

A “wormhole” typically refers to a protocol or mechanism that facilitates the interoperability and transfer of digital assets, such as tokens or data, between different blockchain networks. Wormhole solutions aim to bridge the gap between separate blockchains that might have different technical specifications, consensus mechanisms, or protocols. Wormhole technology enables the...

During a court appearance on Tuesday, Sam Bankman-Fried reaffirmed his not-guilty plea in relation to fraud and money laundering charges connected to the downfall of his cryptocurrency enterprise, FTX, the previous year. In the Southern District of New York courthouse, the FTX founder was formally presented with the charges contained in a new indictment. The […]

Salsal, an Ethereum-based blockchain tool, is currently being developed by researchers. The aim of this tool is to help cultural organizations and museums monitor precious historical artifacts. For about two years, Mark Altaweel, a professor at the University College London Department of Archeology, has collaborated on Salsal with staff members from Abu Dhabi University. Mark […]