Category: Blockchain

Crypto data aggregation startup, Staking Rewards says it has raised $3.2 million from the biggest fund managers in the cryptocurrency ecosystem. The funding round was led by Galaxy Digital, CoinShares, and Digital Currency Group with participation from 1kx Capital and Sygnal Ventures, along with angel investors including early CoinMarketCap team members, and the crypto asset

Palau – the pacific island country – has partnered with Ripple Labs Inc., the U.S. crypto firm, to examine the development of its national digital currency. Based on the partnership, Ripple will help the Pacific island nation develop a U.S. dollar-backed digital currency that facilitates cross-border payments. The government of Palau aims to provide its

YIELD App, a digital wealth management platform, has collaborated with African Blockchain University (ABU) to enrich African artists about the value they can get from the booming non-fungible tokens (NFTs) sector.  Speaking through the press-release, Sebastian Savolainen, YIELD App’s regional director for Africa, welcomed this move and said: “Bridging the gap through education and

Hong Kong-based Animoca Brands released a statement saying that the company will cover the losses of those who fell victim to an online scam on November 19. Further details about the compensation on covered losses will be announced shortly, Animoca Brands said. “The exact nature and mechanism of the compensation will be determined after discussions

A consortium of 79 Japanese firms, including the country’s largest banks, have joined forces to participate in the trial and a potential launch of a new digital version of the Japanese Yen in fiscal 2022.  Led by a startup, DeCurret cryptocurrency exchange, these private firms are developing a platform known as Digital Currency JPY (DCJPY)

The Indian government has postponed the trial date of testing digital Rubee until Q1 of 2023, the digital form of central bank digital currency (CBDC), local media outlets reported.  The administration is reportedly about to introduce a bill to ban “private cryptocurrency” at the upcoming Winter Conference of Parliament. According to a published report from the Lok Sabha, the Indian

Twitter has become an arena for crypto-related battles due to the ongoing issue associated with Binance suspending Dogecoin withdrawals. A war of words ignited between Elon Musk, the CEO of Tesla and SpaceX and Changpeng “CZ” Zhao, the CEO of Binance crypto exchange, on Twitter social media platform after Musk called the way Binance exchange

The European Central Bank (ECB) has released a new framework geared towards overseeing all forms of electronic payments in the region, including those bordering on stablecoins. Embracing a diverse set of payment models, the ECB wants to ensure that only payment service providers with secure and efficient processes are operating within the bloc. The new

India is finalizing drafting the content of a bill to regulate crypto assets, which will be presented to parliament in the session beginning November 29. India’s government is planning to ban most private crypto coins when introducing the new bill to regulate digital currencies in the winter session of parliament, the government stated late on

After failing to outbid billionaire Ken Griffin in auction for a copy of the US Constitution, the decentralized autonomous organization ConstitutionDAO is planning to shut down after refunding the money it raised. According to a Tweet by the organization, the group believes it is not feasible to carry on without the “unifying mission” of trying to buy