According to the documents obtained from the Serbian Business Registry, Terraform Labs co-founder Do Kwon founded (1) an organization in Serbia for less than one dollar a few weeks after being notified with an Interpol red notice. Do Kwon is noted to have received assistance from local supporters in Serbia in establishing a shell corporation … Read more
Trade in cryptocurrencies Coinbase has been hard at work on a number of important projects, one of which is the development of inflation-pegged flatcoins that will be built on its recently released Layer-2 network Base. Flat coins are one of the four most important developments that Coinbase believes (1) will shape the future of cryptocurrency. … Read more
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
According to recent reports, the advanced economies of the Group of Seven (G7), which consists of Canada, France, Germany, Italy, Japan, the United Kingdom, the United States, and the European Union, are collaborating to develop stricter regulations for the cryptocurrency business. Those who are familiar with the situation claim that during the next G7 summit, … Read more
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
The Turkish virtual money startup Metatime has successfully completed a new investment round in which it raised an amount of $11 million. The company plans to prioritize the development of its protocol. According to a report (1), the investment round consisted of two separate token sale rounds, which saw participation from some of the most … Read more
Customers of Coinbase Global Inc. have been advised that the company would discontinue its support for the real-time payment network known as Signet, which is operated by Signature Bank. According to a report (1) by the Wall Street Journal (WSJ), Coinbase notified its customers that the payment network of the defunct Signature Bank would no … Read more
Kaiko, a French company that provides statistics on the crypto market, will relocate its base from Singapore to Hong Kong to take advantage of the better opportunities available in the future center for Web3 enterprises. It was revealed in an interview with Ambre Soubiran, the Chief Executive Officer of Kaiko, that the company would be … Read more
It is anticipated that the cryptocurrency industry, led by Bitcoin and stablecoins, will play a pivotal role in improving the economic position of Venezuelan inhabitants as the country continues to recover from the destruction caused by the Covid-19 hurricane. Nicolás Maduro, President of the Bolivarian Republic of Venezuela, has given the order to reorganize the … Read more
The US seems to be catching up with some of the more digitally advanced economies in Asia like India and China with FedNow. The announcement that the long-awaited FedNow Instant Payment system will finally be operational in July was made by the Federal Reserve of the United States. According to the information (1) provided to … Read more