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Blockchain
Binance CEO Highlights Disproportionate Narrative on Illicit Activities in Crypto versus Fiat…
The debate surrounding illicit financial activities within the cryptocurrency space has been a contentious issue, with critics often pointing to the potential for misuse. However,…
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Dunamu’s Upbit Reports 81% Profit Drop in Q3 2023
The revenues of Dunamu, the parent company of Upbit, one of the most prominent cryptocurrency exchanges in South Korea, dropped by an astounding 81% during the third quarter of…
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Sam Altman Reinstated as OpenAI CEO Amid Board Restructuring
Sam Altman, who was formerly employed as the Chief Executive Officer of OpenAI, the artificial intelligence research lab that is well-known for its achievements in AI technology,…
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Dismissal of Lawsuit Against Tether and Bitfinex Affirmed, Plaintiff Drops Appeal
The U.S. District Court for the Southern District of New York has finalized the dismissal of a class action lawsuit against Tether and Bitfinex. This lawsuit, initially filed by…
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HSBC to Initiate Institutional Digital Assets Custody Service in 2024
HSBC Holdings plc has declared its strategic move into the digital asset sphere by announcing its intention to introduce a new digital assets custody service specifically for…
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PayPal Acquires UK Crypto License
PayPal, a notable player in the global payments realm, has secured approval from the Financial Conduct Authority (FCA) to offer cryptocurrency-related services in the United…
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ECB Advances Digital Euro Project into Preparation Phase
The European Central Bank (ECB) has recently taken significant steps towards the conceptualization and eventual issuance of a digital euro, a Central Bank Digital Currency (CBDC).…
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Kraken Amplifies European Footprint with BCM Acquisition
Kraken, a renowned cryptocurrency exchange based in the United States, has unveiled its strategic plan to acquire Coin Meester B.V. (BCM), marking a significant stride in…
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Ethereum Layer 2s Surpass Prominent Layer 1s in Total Value Locked
Top-performing Ethereum Layer 2 solutions like Arbitrum, Optimism, and BASE have outpaced prominent Ethereum competitor Layer 1 blockchains such as Solana and Avalanche in terms…
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Alipay Facilitates First Digital Cauldron Lighting in Asian Games History
Key Takeaways
Alipay, the Official Prestige Partner of the Hangzhou Asian Games, enabled over 100 million digital torchbearers to participate in the first-ever digital cauldron…
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