South Korea Launches Metaverse Fund
The Ministry of Science and ICT of South Korea established an investment fund to support the growth of metaverse initiatives in the country
The Ministry of Science and ICT of South Korea established an investment fund to support the growth of metaverse initiatives in the country
A budget proposal by U.S. President Joe Biden aims to “reduce mining activity” with a 30% tax on electricity costs linked to the cryptocurrency mining process
Through the partnership with Bitcoin payments company Bitpay, Xeni enables its customers to accept crypto payments for commercial flights, hotels, car rentals, and other travel activities
After sandbox testing, Swift is preparing to develop a beta version of the new way to connect central bank digital currencies (CBDC) with existing fiat infrastructures
China’s major social networking and payment app WeChat has followed Alipay in adding support for payments using the digital yuan – the country’s central bank digital currency (CBDC)
Gemini cryptocurrency exchange has denied information about the termination of J.P. Morgan Chase’s interaction.
The leading crypto exchange Coinbase has introduced a new Wallet-as-a-Service offering for businesses to seamlessly onboard their users to Web3
The parent company of one of the major crypto-friendly banking institutions, Silvergate Bank, decided to “wind down operations” and liquidate the bank
A look into two core projects developing the “new-gen” social media and content platforms.
The Bank for International Settlements (BIS) has finished a joint project exploring international retail and remittance payments use cases for CBDC with the central banks of Israel, Norway and Sweden
Crypto exchange Bybit has launched the first phase of the rollout of Mastercard crypto-to-fiat debit card, which supports a number of blue-chip cryptocurrencies
A look into the foundation of cryptocurrency: consensus mechanisms. Why do different consensus mechanisms exist, is Proof of Work actually “environmentally unfriendly”, and why Proof of Stake deserves the alternative transcription to its abbreviation.
Digital asset investment firms increased their funding of decentralized finance (DeFi) projects in 2022 by 190%, while investments into centralized finance (CeFi) projects fell 73%
The new venture c= founded by Block’s (formerly, Square) TBD division aims to expand the reach of the Bitcoin Lightning Network through added liquidity and routing services
Blockchain is one of the leading emerging technology domains in the current IT industry. According to statistics, the global market for blockchain technology is expected to increase by about $20 billion by 2025. Blockchain, on the other hand, is a technology that is revolutionizing how the digital world operates more securely and effectively. It is […]
The crypto-focused bank Silvergate warned it would miss the annual financial report deadline and raised questions about its ability to survive. A wave of uncertainty caused about 5% Bitcoin decline
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