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Dubai, Crypto.com Ink Deal to Process Payments for Government Services via Crypto
Dubai's Department of Finance (DOF) has announced a partnership with Crypto.com to process payments for government services in the emirate. The step aligns with the Dubai Cashless Strategy that aims to digitise 90 percent of all transactions recorded in the region.Â
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Binance’s Security Chief Jimmy Su on Crypto Security, Regulation and More
In conversation with Gadgets 360, Jimmy Su, the chief security officer of Binance, strongly suggested that crypto firms deploy a multi-layered defence strategy in order to ensure the safety of user funds. Su emphasised that global Web3 industry must prioritise collaborative efforts to combat crime risks.Â
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Malaysia's Prime Minister Meets Binance Founder Changpeng Zhao to Discuss Web3, Blockchain Strategy
Malaysian Prime Minister Anwar Ibrahim met with Binance co-founder Changpeng Zhao on April 22. In his tweet, the Malaysian PM wrote that it is clear that government leadership is essential in driving blockchain adoption. Â
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Sam Altman and Visa in Talks to Power World Wallet with Crypto, Card, and Cash Features: Report
OpenAI’s Sam Altman is reportedly in talks with Visa to develop a comprehensive wallet strategy, enhancing cross-platform transactions with crypto, cards, and fiat currencies. An official confirmation from Altman or Visa is still awaited.
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Austria’s BitPanda Secures FCA Approval in UK, Plans to Offer ‘Set-and-Forget' Savings Strategy
On Wednesday, February 12, BitPanda announced that the UK’s Financial Conduct Authority (FCA) has approved its registration to offer crypto-related services to British investors. According to FCA records, the exchange has also established an office in London to oversee its UK operations.
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CoinSwitch SmartInvest Service With Investment Strategies for New Crypto Investors Launched
CoinSwitch has rolled out a new service called SmartInvest. Through this feature, the exchange has released a selection of smart investment strategies that early investors can follow in order to take their first steps into crypto investing.
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Wash Trading Remains ‘Widespread’ in DeFi, Researcher Kaiko Says
The wash trading strategy used to boost the FBI-created token NexFundAI remains a common practice on decentralised-finance exchanges (dexes), and can be encountered on certain centralised exchanges as well, according to researcher Kaiko.
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Surviving Crypto Ups and Downs: Insiders Share Mental Health Guide for Investors
Despite significant growth and a historic peak valuation of over $3 trillion (around Rs. 2,51,89,440 crore), crypto assets remain volatile, relatively new, and largely unregulated. In this article, we will examine the financial challenges faced by investors and explore decision-making strategies to help them avoid financial stress.
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Argentina Adds Ethereum Study to High School Curriculum in Buenos Aires Schools
Argentinian authorities have decided to make the study of Ethereum a part of the high school curriculum. The local education ministry of Buenos Aires has joined forces with the ETH Kipu Foundation to facilitate this initiative. The aim is to introduce high school students to the blockchain technology within their existing classrooms.
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Chinese AI Developers Outsmart US Chip Restrictions With Overseas Computing: Report
Chinese artificial intelligence developers are evading strict US export controls on advanced chips by utilizing foreign computing resources, particularly Nvidia's A100 and H100 chips, according to The Wall Street Journal.
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El Salvador Doubles Down on Bitcoin Strategy, Set to Upskill Over 80,000 Civil Servants
Over 80,000 Salvadoran civil servants are set up to be trained in efficiently using Bitcoin-related technology and upon completion of the training, these officials will be provided with a certification.
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WazirX to Reset User Portfolios to Pre-Hack Status: All Trades Post July 18 to Be Nullified
WazirX has announced that it will restore user portfolios based on their status as of July 18. This decision effectively cancels all trades made between July 18 and July 21. The exchange stated that this approach is intended to ensure fairness in the portfolio restoration process.
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Analysing WazirX’s Controversial Approach to Mitigating Financial Impact of Wallet Hack
WazirX has planned a strategy aiming to build back its business after the recent hack. As part of this plan, the exchange has decided to distribute the impact of this loss ‘equitably’ among all of its users – regardless of whether or not their funds were directly impacted by this hack. The development has stirred controversy in India’s cryp...
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Dubai Customs Launches Blockchain Platform for Reduced Paperwork, Tamper-Proof Data Sharing
Dubai Customs announced the launch of this blockchain platform on July 8, calling it a tool to offer secure, efficient, smart economic plans, and tech-driven logistics initiatives to business ecosystems.
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Average NFT Sale Prices Fell Nearly 60 Percent in Second Quarter of 2024: Report
The average sale prices of NFTs slipped by nearly 60 percent between March and June this year. As per CryptoSlam, the number of unique NFT buyers stood at 1,083,490 around March this year, but the figure reduced to 998,138 in June.
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Dubai, Crypto.com Ink Deal to Process Payments for Government Services via Crypto
Dubai's Department of Finance (DOF) has announced a partnership with Crypto.com to process payments for government services in the emirate. The step aligns with the Dubai Cashless Strategy that aims to digitise 90 percent of all transactions recorded in the region.Â
-
Binance’s Security Chief Jimmy Su on Crypto Security, Regulation and More
In conversation with Gadgets 360, Jimmy Su, the chief security officer of Binance, strongly suggested that crypto firms deploy a multi-layered defence strategy in order to ensure the safety of user funds. Su emphasised that global Web3 industry must prioritise collaborative efforts to combat crime risks.Â
-
Malaysia's Prime Minister Meets Binance Founder Changpeng Zhao to Discuss Web3, Blockchain Strategy
Malaysian Prime Minister Anwar Ibrahim met with Binance co-founder Changpeng Zhao on April 22. In his tweet, the Malaysian PM wrote that it is clear that government leadership is essential in driving blockchain adoption. Â
-
Sam Altman and Visa in Talks to Power World Wallet with Crypto, Card, and Cash Features: Report
OpenAI’s Sam Altman is reportedly in talks with Visa to develop a comprehensive wallet strategy, enhancing cross-platform transactions with crypto, cards, and fiat currencies. An official confirmation from Altman or Visa is still awaited.
-
Austria’s BitPanda Secures FCA Approval in UK, Plans to Offer ‘Set-and-Forget' Savings Strategy
On Wednesday, February 12, BitPanda announced that the UK’s Financial Conduct Authority (FCA) has approved its registration to offer crypto-related services to British investors. According to FCA records, the exchange has also established an office in London to oversee its UK operations.
-
CoinSwitch SmartInvest Service With Investment Strategies for New Crypto Investors Launched
CoinSwitch has rolled out a new service called SmartInvest. Through this feature, the exchange has released a selection of smart investment strategies that early investors can follow in order to take their first steps into crypto investing.
-
Wash Trading Remains ‘Widespread’ in DeFi, Researcher Kaiko Says
The wash trading strategy used to boost the FBI-created token NexFundAI remains a common practice on decentralised-finance exchanges (dexes), and can be encountered on certain centralised exchanges as well, according to researcher Kaiko.
-
Surviving Crypto Ups and Downs: Insiders Share Mental Health Guide for Investors
Despite significant growth and a historic peak valuation of over $3 trillion (around Rs. 2,51,89,440 crore), crypto assets remain volatile, relatively new, and largely unregulated. In this article, we will examine the financial challenges faced by investors and explore decision-making strategies to help them avoid financial stress.
-
Argentina Adds Ethereum Study to High School Curriculum in Buenos Aires Schools
Argentinian authorities have decided to make the study of Ethereum a part of the high school curriculum. The local education ministry of Buenos Aires has joined forces with the ETH Kipu Foundation to facilitate this initiative. The aim is to introduce high school students to the blockchain technology within their existing classrooms.
-
Chinese AI Developers Outsmart US Chip Restrictions With Overseas Computing: Report
Chinese artificial intelligence developers are evading strict US export controls on advanced chips by utilizing foreign computing resources, particularly Nvidia's A100 and H100 chips, according to The Wall Street Journal.
-
El Salvador Doubles Down on Bitcoin Strategy, Set to Upskill Over 80,000 Civil Servants
Over 80,000 Salvadoran civil servants are set up to be trained in efficiently using Bitcoin-related technology and upon completion of the training, these officials will be provided with a certification.
-
WazirX to Reset User Portfolios to Pre-Hack Status: All Trades Post July 18 to Be Nullified
WazirX has announced that it will restore user portfolios based on their status as of July 18. This decision effectively cancels all trades made between July 18 and July 21. The exchange stated that this approach is intended to ensure fairness in the portfolio restoration process.
-
Analysing WazirX’s Controversial Approach to Mitigating Financial Impact of Wallet Hack
WazirX has planned a strategy aiming to build back its business after the recent hack. As part of this plan, the exchange has decided to distribute the impact of this loss ‘equitably’ among all of its users – regardless of whether or not their funds were directly impacted by this hack. The development has stirred controversy in India’s cryp...
-
Dubai Customs Launches Blockchain Platform for Reduced Paperwork, Tamper-Proof Data Sharing
Dubai Customs announced the launch of this blockchain platform on July 8, calling it a tool to offer secure, efficient, smart economic plans, and tech-driven logistics initiatives to business ecosystems.
-
Average NFT Sale Prices Fell Nearly 60 Percent in Second Quarter of 2024: Report
The average sale prices of NFTs slipped by nearly 60 percent between March and June this year. As per CryptoSlam, the number of unique NFT buyers stood at 1,083,490 around March this year, but the figure reduced to 998,138 in June.
