Oct 03 2023 @ 11:58
In a significant development, Coinbase, a prominent cryptocurrency exchange operator, has been awarded a crucial regulatory license in Singapore. The Monetary Authority of Singapore officially granted the company a Major Payment Institution license, following last year’s provisional approval. This noteworthy development emerges amidst an ongoing regulatory dispute between Coinbase and...
Oct 02 2023 @ 14:36
Understanding Daily Active Users (DAUs) is crucial in the blockchain and cryptocurrency space, akin to assessing a conventional business’s customer base. High DAU counts indicate a thriving ecosystem, attracting developers and fostering innovation. In this article, we’ll explore the top blockchains of 2023 by DAUs, offering insights into blockchain technology’s success and...
Sep 29 2023 @ 07:49
A “Gwei” is a unit of measurement for the cryptocurrency Ethereum (ETH). It is the smallest denomination of Ether, which is the native cryptocurrency of the Ethereum blockchain. The term “Gwei” is short for “gigawei,” and it represents one billion (1,000,000,000) Gwei. In the Ethereum network, Gwei is the smallest denomination, and Gwei is often […]
Sep 19 2023 @ 17:30
Nomura Securities’ digital asset division, Laser Digital, is ushering institutional investors into the cryptocurrency realm with the launch of its Bitcoin Adoption Fund. This innovative fund, based in the Cayman Islands, provides a secure gateway for institutions seeking exposure to the digital asset market. To ensure robust security and compliance, the fund leverages the digital […]
Sep 18 2023 @ 15:27
In 2014, the IRS initiated cryptocurrency taxation guidelines, marking the onset of regulatory oversight. Notably, it wasn’t until 2019 that the IRS mandated the reporting of cryptocurrency investments on income tax returns. Since 2014, a core principle has endured: cryptocurrencies and blockchain-based digital assets are considered property, not currency, for U.S. tax purposes...
Sep 15 2023 @ 10:30
Inaugurated in 2018 by distinguished professors from Columbia and Yale, CertiK stands as a trailblazer in the realm of blockchain security. Leveraging state-of-the-art Formal Verification and AI technology, the platform is dedicated to fortifying and overseeing blockchains, smart contracts, and Web3 applications. What Is CertiK? CertiK is a platform that is dedicated to ensuring the […]
Sep 11 2023 @ 11:21
In the 1970s, SWIFT revolutionized global payments, but its speed hasn’t kept up. International transactions still take days. Now, SWIFT is making a major move into crypto. Partnering with Chainlink, they’re experimenting with transferring tokenized assets across multiple blockchains and financial institutions. Swift is gearing up for a crypto future, aiming to create a unified...
Sep 05 2023 @ 19:36
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. […]
Sep 04 2023 @ 10:06
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...
Sep 01 2023 @ 09:29
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 […]