World’s biggest crypto exchange, Binance has launched its Binance Pay service in the Latin American country of Brazil. The new service will enable local merchants to offer a new alternative for payment that may attract new customers, increase processing speed, and reduce…
On Tuesday, August 22, the Oman Ministry of Transport, communication, and information technology (MTCIT) officially launched an innovative data hosting and crypto mining center. The launching event was preceded by Hamoud al Maawali, an engineer at MTCIT. The new mining center is…
An announcement conveyed by the chief executive officer of Hive Digital, Aydin Kilic, revealed that artificial intelligence and blockchain technology have massive potential to transform the Web3 sector. The CEO stated that AI and blockchain are the core pillars of Web3 development….
The crypto market has been interesting in the last few weeks. After sustaining a bearish momentum for weeks, the market turned green recently, with assets experiencing a short relief. The relief rally is however long over, and the bearish momentum has kicked…
Top global crypto exchange Huobi has entered a strategic partnership with financial charting platform, Tradingview to integrate crypto trading data to the exchange. The partnership will enable Huobi users to directly view the real-time prices of cryptocurrencies on Huobi with TradingView. Tradingview…
On Thursday, August 17, the Mastercard team announced plans to collaborate with Ripple and other payments companies to support the implementation of the central bank digital currency (CBDC). The Mastercard report demonstrated that the leading payment platform is interested in developing the…
An official announcement by the head of research at LiFi, Arjun Chand, revealed that the multichain bridging protocol launched a multi-message aggregator to support the decentralized autonomous organization’s (DAO) performance. The new aggregator has defensive features to prevent governance attacks from the…
Ledger, a leading security company and PayPal, a leader in global payments, have entered a partnership that will make it easier for PayPal users to access the crypto space. The partnership announced by Ledger, will provide a secure and user-friendly way to…
Leading crypto exchange and Web3 technology company, OKX and leading provider of algorithmic trading strategies and execution management, CoinRoutes, are working on bringing trading services to institutional clients. The duo announced the new development yesterday 17 August, which is an extension of…
In an advanced report, the leading stablecoin issuer, Tether, revealed that the firm has invested in creating innovative software to improve Bitcoin mining activities. The proposed software will support Bitcoin mining operations that leverage data analytical tools and renewable energy. Addressing the…
In a wide-ranging interview with CNBC titled Squawk Box, the head of research at Fundstrat, Tom Lee, projected that approving the pending Bitcoin spot exchange-traded funds (ETFs) application will trigger the Bitcoin prices to garner bullish momentum. The analyst anticipates that the…
Top global crypto exchange Coinbase has secured regulatory permission to offer crypto futures trading services in the U.S. The approval coming from the National Futures Association (NFA), allows Coinbase Financial Markets, Inc. to operate a Futures Commission Merchant (FCM) and offer eligible…
It is no longer news that the securities and exchange commission (SEC) in the U.S. led by Gary Gensler is aggressively pursuing crypto regulations enforcement. What’s new is that the agency is extending its focus to artificial intelligence, thus focusing on AI…
Decentralized crypto exchange RocketSwap was hacked yesterday 15 August by an unknown attacker. As a result, 741 ETH (about $870,000) was lost, after which the hacker sent the funds to Ethereum and created a memecoin, LoveRCKT. According to the RocketSwap team, the…
Payment giant PayPal is entering the crypto space in a big way. Shortly after launching its USD-pegged, Ethereum-based stablecoin PYUSD, the company has announced plans to launch a crypto hub for select users. PayPal updated its terms and conditions to introduce Cryptocurrencies…
The Bank of America says PayPal’s newly launched stablecoin, PYUSD may have a hard time getting adoption, at least in the short term. The bank stated this in a report based on recent research it carried out concerning the stablecoin. First, PYUSD…
The Indian ministry of Electronics & Information Technology (MeitY) has challenged its citizens to develop a native web browser powered by crypto tokens. The ministry announced the launch of the Indian Web Browser Development Challenge (IWBDC) on 9August, in which participants will…
An official report issued , on August 8, revealed that El Salvador’s central bank had approved Binance’s license to operate as a regulated entity. The report illustrated that Binance obtained a Bitcoin Service Provider License (BSP) and Digital Asset Service Provider (DASP)….
In a recent update, the prominent crypto payment platform in Estonia, CoinsPaid, accused the North Korean illicit group of compromising with the company system. The CoinsPaid team lamented that the Lazarus Group gained unauthorized access to the system and posted fake jobs….
The team behind the world’s largest stablecoin, Tether (USDT), has announced plans to release revolutionary Javascript Libraries. The announcement conveyed by Tether developers revealed that the proposed Javascript modules would support sending commands and signals to Bitcoin-oriented mining hardware such as WhatsMiner,…
