Institutional Adoption of Cryptocurrency is Steadily Growing: Nasdaq

Nasdaq, an exchange operator in the business for 52 years, has recently been considering moving into the cryptocurrency market. The company is currently striving to provide cryptocurrency trading and custodian services to its customers. To begin providing cryptocurrency custodial services to its customers, Nasdaq is currently waiting for approval from the NYDFS by the end … Read more

Louis Vuitton Parent LVMH Espouses the Importance of Blockchain Tech

Louis Vuitton Parent LVMH Espouses the Importance of Blockchain Tech

LVMH, a corporation specializing in the production of luxury goods, has asserted that blockchain technology is essential for luxury companies to enhance the product lifecycle. “When discussing luxury, you are dealing with long-term products, repair, and care,” asserts Franck Le Moal, the Chief Information Officer (CIO) of the luxury goods giant LVMH. In addition, Le … Read more

Binance Employees Helping Mainland China Residents Subvert KYC Norms?

The demand for hazardous assets, such as Bitcoin, has seen a considerable increase recently due to rising global hyperinflation and the fear of a worldwide banking catastrophe. In mainland China, the trading of cryptocurrencies has been illegal since 2017, and the ownership of digital assets such as Bitcoin was made illegal in 2021. Despite this, … Read more

Contango Digital Assets Secures a $1.2 Million Seed Money for Web3 Infra

Contango Digital Assets Secures a $1.2 Million Seed Money for Web3 Infra

Recently, Contango Digital Assets closed a $1.2 million seed investment for building Web3 infrastructure.Β The leading blockchain VC firm has invested over $7 million worldwide in Web3 businesses as of this writing. In 2023, when widespread use of Web3 technologies and blockchains is expected to peak, Contango is predicted to boost its revenue by 100%. Investors … Read more

Ethereum Co-founder Joe Lubin Reiterates Unlike Oil, Ethereum Is Not a Security but a Commodity

Ethereum Co-founder Joe Lubin Reiterates Unlike Oil, Ethereum Is Not a Security but a Commodity

According to the most recent White House report to Congress, the government of former Vice President Joe Biden mentioned that most crypto assets are either uncontrolled securities, a commodity, a derivative, or other investment derivatives, depending on the basics underpinning them. As a consequence, all digital assets, except for Bitcoin, which is generally considered digital … Read more

Metamask Introduces Institutional Staking Platform in Collab with Allnodes, Kiln, and Blockdaemon

Metamask Introduces Institutional Staking Platform in Collab with Allnodes, Kiln, and Blockdaemon

ConsenSys announced that its Web3 wallet for companies, also known as MetaMask Institutional, had introduced the first institutional staking platform on March 22. This was accomplished in conjunction with Allnodes, Kiln, and Blockdaemon.   Exchange for Institutional Staking on the MetaMask Platform This new marketplace will employ ConsenSys’ native technology, also known as ConsenSys staking, … Read more

Telegram Users can Natively Send USDT from their Chats in Collab With TON Blockchain!

Telegram Users can Natively Send USDT from their Chats in Collab With TON Blockchain!

Using the TON Blockchain, Telegram Messenger is gradually becoming a substantial Web3 protocol. The wallet bot for the instant messaging app has been updated to support Tether (USDT), which is the largest stablecoin in terms of daily traded volume and market capitalization. As a direct consequence of this, users of Telegram are now able to … Read more

Positive Hope in SEC Case Sends XRP Token Soaring

Positive Hope in SEC Case Sends XRP Token Soaring

Because of the increased social involvement from the top officials, cryptocurrency traders have considerably changed their attention to XRP, which is the sixth largest digital asset. The surge in the price of XRP on Wednesday, which has been dubbed the “Messari Pump,” occurred after the cryptocurrency gained more than 20 percent in value during the … Read more

Gaming Giant Nexon Deals With Polygon for its MapleStory Web3 Launch

Gaming Giant Nexon Deals With Polygon for its MapelStory Web3 Launch

Polygon has been chosen by the South Korean video game conglomerate Nexon to handle the Web3 connectivity of its MapleStory World. Reports indicate that the video game publisher with headquarters in Tokyo intends to establish (1) a Polygon supernet in order to provide support for the in-game content associated with MapleStory Universe. According to recent … Read more

Big Investment Firms Expanding in Crypto Sector! Signs of a Crypto Boom Ahead?

Big Investment Firms Expanding in Crypto Sector! Signs of a Crypto Boom Ahead?

Although the crypto winter continues, investment management business BlackRock and wealth management firm Fidelity Investments quietly extend into the realm of bitcoin, ether, and other crypto assets. Investors are gradually losing hope in a rebound as the crypto winter drags on. Notwithstanding the devastating losses that have sliced the market and led BTC and ETH … Read more