Anisha

Hut 8, a cryptocurrency mining and blockchain infrastructure company focused on mining bitcoin that is based in Canada, has confirmed record revenue from mining as per a recent post from the firm. However, there were some negative aspects from the report as well as the overall earnings of the company dumped.  Hut 8 is a […]

The Japan-based digital wallet company, Kyash, has announced that it has secured $41.2 million funding in a Series D round. The platform, which was launched in 2015, has grown its total funding to around $108 million through its cashless mobile app and corresponding credit card. The announcement, according to a report by Nikkei, revealed that both international […]

India’s central bank, the Reserve Bank of India or RBI has published an important bulletin related to the crypto industry. The report praised the innovative distributed ledger technology associated with crypto but it totally dismissed the potential of regulating such assets and called for a blanket ban.  The core concerns related to crypto that RBI laid down […]

Russia is not stopping its action for a peaceful end to the dispute with Ukraine and the world is not stopping its sanctions imposition on the former. The United States parliament house representative Brad Sherman has introduced a bill that aims to crack down on the U.S. companies that handle transactions from Russian individuals and banks. […]

Swiss-Ghanaian cocoa product company Koa has recently launched a blockchain-focused program that aims to improve the transparency of its supply chain and to take care of its Ghananian farmers by monitoring that they are being paid properly. The company has teamed up with the Germany-based supply chain firm Seedtrace and South Africa-based telecommunications company MTN […]

The fastest-growing project built on the Cardano blockchain, Ravendex, has announced that it is listing its utility token $RAVE on yet another exchange platform by the end of the fourth quarter of 2022. Soon after the announcement, the RAVE token witnessed a spike in its value as users are seeking to hold more tokens before it lists […]

Australia is not far when it comes to cryptocurrencies and their adoption as recently, the authorities introduced several steps to boost crypto adoption in the nation. However, it is important to note that an Australian fintech firm called Block Earner has confirmed a seed funding round of $6.4 million which offers a fixed return of 7% […]

The Bank of Canada has teamed up with the Massachusetts Institute of Technology (MIT) to conduct a strategic research project focused on the development of the Central Bank Digital Currency (CBDC). As per the announcement, the central bank has decided to work alongside the Digital Currency Initiative (DCI) team of MIT Media Labs to explore […]

The support for Ukraine is continuously rising with the public blockchain network for smart contracts, Internet Computer (ICP) being another addition to the list of major contributors of crypto donations. ICP and DFINITY founder Dominic Williams announced that the company is planning to help Ukraine via smart contracts and $250 million worth of cryptocurrencies. ICP, […]

It is a known fact that Ukraine has filled many stomachs with the heavy funds raised by the crypto community donations after Russia decided to perform a “special military operation.” President Volodymyr Zelenskyy has signed a regulatory framework for legalizing crypto for operating a regulated crypto market.  Ukraine’s Ministry of Digital Transformation announced on Wednesday that Zelenskyy […]

One of the biggest banks in Europe, HSBC, which has a total worth of $2.4 trillion, has announced that it is planning to buy a virtual plot of LAND in The Sandbox metaverse for an unknown amount. As per the statement by The Sandbox, the new project will develop options for users to engage with esports […]

The European Commission (EC) has recently announced the call for tenders for contracting a consortium, with the aim to facilitate and operate a pan-European regulatory sandbox for blockchain and particularly, distributed ledger technologies, or DLT.  The European Blockchain Observatory has invited interested economic operators and technological research institutes to submit a tender through the e-Submission available […]

When it comes to adding new things to their platform, Coinbase never disappoints. The largest cryptocurrency exchange in the entire United States has confirmed the launch of Coinbase Pay, which is now “the easiest way for Coinbase users to fund their Coinbase Wallet from the Chrome browser extension and explore web3.” Coinbase, which brought a number […]

Decentralized Finance or DeFi lending protocol projects Agave and Hundred Finance has faced a “re-entrancy” attack with the attacker making around $11 million in the form of wrapped BTC (wBTC), wrapped ETH (wETH), Chainlink (LINK), Gnosis (GNO), USD Coin (USDC), and wrapped XDAI (wxDAI) The incident comes just 24 hours after the Deus Finance exploit was revealed, […]

As per a recent report, IoTeX, a firm that focuses on the development of the Internet of Things or IoT has confirmed the launch of a $100 million fund that aims to bring the best out of decentralized economy startups. The fund will cover as much as 1,000 of these startups and aims to develop […]

Aave, a decentralized finance protocol, has confirmed the launch of Aave V3, which marks one of the biggest developments in the project’s history. Moreover, the goal of this chance is to bring increased efficiency and improve the security features of the platform. It can be expected that soon, Aave might enter the most prominent DeFi protocols […]

On Monday, decentralized stablecoin platform and Tron stablecoin competitor, MakerDAO forum displayed a proposal by community leader monet-supply that highlights an alternative token economic mechanism. The protocol could replace its existing governance token, MKR, with a new token called stkMKR if the idea wins a full governance vote. 🤝 @hasufl introduced himself as a Maker Governance Delegate on the […]

The United Kingdom’s Financial Conduct Authority (FCA), which on one hand is all set for a crypto crackdown, is looking for senior executives with crypto-related expertise. Notably, the regulatory body is preparing to bring a new crypto department to regulate the industry. As per a recent post published by the FCA this Monday on Twitter, it is […]