The fact that there are only five million XRP wallets in a digital world with over eight billion people sparks a meaningful conversation concerning the special status of XRP holders. The Crypto Philosopher, a well-known voice in the cryptocurrency space, claims that these numbers demonstrate how uncommon owning XRP is and portends a significant competitive […]
Stablecoin pioneer Circle has teamed with global technology and entertainment powerhouse Sony to deliver cutting-edge blockchain technologies in a ground-breaking move. The main goal of this strategic partnership is to include Circle’s US Dollar Coin (USDC) into Sony’s recently launched Soneium Ethereum Layer 2 blockchain project. The collaboration is a significant step towards improving the […]
With the official renewal of their collaboration, Ripple and NYU Abu Dhabi have demonstrated their ongoing support for blockchain-related research and teaching efforts. Through this partnership, blockchain technology will be more widely adopted in the UAE, and innovative practices will be encouraged, leading to the acceptance of digital assets. Ripple is advancing academic research and […]
Sony, a well-known pioneer in the technology sector, has launched Soneium, an Ethereum Layer 2 (L2) solution, further advancing technology. With this significant foray into the blockchain arena, Sony is demonstrating its dedication to using its vast experience in technology and entertainment to lead Web3 advancements. Soneium is envisioned as a platform that seamlessly combines […]
Nigerian cryptocurrency law enforcement is about to move into a new phase. The Securities and Exchange Commission (SEC) declared its willingness to take action against unlicensed cryptocurrency exchanges. This action aims to safeguard investors without compromising the integrity of the country’s quickly growing digital asset market. Now, two exchanges with temporary licenses exist Busha Digital […]
A collaboration between Suho.io and Chainlink was announced on September 2nd, 2024. This partnership is an essential step towards developing and advancing the use of tokenised assets and applications for central bank digital currencies (CBDCs) in several significant Asian economies, including Korea, Japan, and Thailand. Through this partnership, both organisations want to further the broader […]
By lowering the alliance’s dependency on the US currency for cross-border transactions, BRICS Pay has the potential to revolutionise global banking. This blockchain-based payment system aims to facilitate cross-border payments between member nations and support economic independence. It was created collaboratively by Brazil, Russia, India, China, and South Africa. BRICS Pay is an important strategic […]
Known as Japan’s MicroStrategy, Metaplanet Inc. has established a strategic alliance with SBI VC Trade, a division of the massive SBI Group. With this partnership, Bitcoin management, trading, and custody will improve significantly, putting Metaplanet at the forefront of integrating digital assets into conventional financial systems. Through using SBI’s vast experience in economic and regulatory […]
To transform cross-border transactions, the Reserve Bank of India (RBI) has proposed a novel “plug-and-play” Central Bank Digital Currency (CBDC) structure. This method offers a flexible yet unified approach to digital currencies, promoting increased efficiency and interoperability amongst nations’ payment systems. Governor Shaktikanta Das emphasised how crucial this project is to addressing the challenges of […]
The proposed legal changes by Russia’s central bank would allow a new class of “particularly qualified investors” to trade cryptocurrencies, potentially revolutionising the country’s financial sector. This calculated action, which aligns with worldwide trends towards financial digitalisation and might strengthen Russia’s standing in the global financial market, represents a substantial shift in the nation’s stance […]
With the introduction of its cutting-edge marketplace, cryptocurrency infrastructure firm Conduit is expanding blockchain scalability. Created explicitly for rollup teams, this platform makes acquiring and integrating the technologies they need to improve operational efficiency easier. Conduit hopes to drastically cut development time by streamlining the integration process and enhancing Layer-2 scaling solutions in the blockchain […]
$55.4 million worth of Dai stablecoin disappeared into the ethers via a clever phishing attempt on a Tuesday that was unusual for the cryptocurrency world. The victim, a well-known cryptocurrency whale, discovered that hackers using the malicious Inferno Drainer malware had gained access to their Maker vault. This event is another stark reminder of the […]