CZ Zhao, the mastermind behind Binance, exposed a critical loophole that was identified and dealt with swiftly by the BNB Core squad this week. Drawing on his extensive experience in the space, CZ demonstrated complete transparency about the matter, sending ripples through the crypto industry. It was thanks to his sagacity, along with the intrepid…
It appears that due to the strict regulations concerning cryptocurrencies and the global economic crisis, many crypto firms are facing several hurdles when operating their business. Recently, Kraken, one of the largest cryptocurrency swaps in the world, has announced that it will be stopping its US crypto-staking business and compensating the US Commodity Futures Trading…
With the rise of digital currency, many countries have been drawn to this new form of money and Indonesia is the latest addition to the countries that are embracing digital currency. The nation’s move provides an opportunity for them to monetize their initiative while also expanding the scope of financial technology. However, before starting its…
Today, digital currency is becoming more and more prevalent in financial transactions. As a result, the risks associated with investing in such volatile currencies must be vigilantly scrutinized by financial institutions to avoid any potential catastrophic. However, it seems that the EU regulatory body has started understanding this issue as the regulatory recently unveiled stringent…
With the growing concerns about data security, the need for CBDCs also increases as it could be the linchpin to create trust in the digital space – something which has eluded us since our transition into the digital era. Taking this into the consideration The Bank of England and HM Treasury have recently unveiled a…
When cryptocurrency was introduced in the countries, excitement ensued among citizens. Everyone wanted to take advantage of this revolutionary technology to monetize their presence in the market. It seems that the same incident happened again as past week we have witnessed an astronomical rise in Artificial Intelligence (AI) tokens, with nearly all of them experiencing…
A surge of enthusiasm for XRP has been building in Japan, and the extraordinary 1.64 billion spot trading volume reported in September 2022 confirms this. Far outpacing Bitcoin’s 179.5 thousand units, XRP’s success has caught the eye of many crypto-trading firms who are now eager to offer it as part of their services – a…
The sudden surge in crypto volatility has been a major headache for regulators worldwide, prompting them to take drastic measures. As a part of this process recently the U.S. Securities and Exchange Commission (SEC) decided to take strict measures against crypto custodians. The news gained significant popularity among internet users, many users voiced their opinions…
In a bid to buoy the Philippine economy which has been heavily impacted by the COVID pandemic, the Philippines Private Sector Advisory Council, in partnership with the Technical Education and Skills Development Authority (TESDA) and the Inter-Agency Council, has recently launched a mission called GoDigital Pilipinas (GDP). The program comes as a much-needed relief for…
Blockchain technology has revolutionized the tech world in recent years, with its unparalleled flexibility and the multitude of features it provides. Now, this innovative technology is entering the telecom industry to take communication to a whole new level as China Telecom and Conflux announced their launch of the revolutionary “BSIM” SIM card Pilot project in…
