Ripple, the blockchain payments firm, has just announced that it has received in-principle approval of a Major Payment Institution Licence from the Monetary Authority of Singapore Key Points In a much-needed boost for the cryptocurrency industry, Ripple, a blockchain company, announced on Thursday that it has been granted in-principle regulatory approval to operate in Singapore….
Invesco, a 1.4 billion investment management company, has resubmitted an application for a Bitcoin ETF, joining other firms such as BlackRock and WisdomTree. Key Points In recent news, the esteemed investment management firm, Invesco, has caught the attention of the financial world by filing a fresh application for a Bitcoin exchange-traded fund (ETF). With assets…
Elon Musk, the founder and CEO of Tesla, has suffered a setback as one of the company’s top internal lawyers has departed, as stated in a legal filing submitted to federal court. Key Points Recent court filings reveal that Tesla founder and CEO Elon Musk has been dealt a significant blow, as one of the…
The social media platform Twitter has taken action against the AI-driven bot known as “Explain This Bob,” which had links to the widely circulated meme cryptocurrency BOB, by suspending its account. Key Point Elon Musk, the mastermind behind Tesla and SpaceX, recently took to Twitter to air his grievances about a meme coin AI bot…
Key Points In a recent report by UBS Global Family Office, it has been revealed that American crypto is not dead. In fact, it seems to be thriving. The report disclosed that 35% of family offices, who cater to ultra-high-net-worth investors, plan to increase their digital asset exposure. This is a positive development for the…
Key Points Making waves in the NFT space, Animoca Brands and decentralized protocol heavyweight, Rarible, announced the launch of the Mocaverse Marketplace. This next-generation platform, specifically designed for Animoca’s membership NFT collection, presents a unique, secure, and credible environment for digital asset transactions. Mocas thrive in unity, and so does the entire web3 space. We…
Irvine, California, USA/13 June 2023 — Energy Web, an independent non-profit that develops open-source software to accelerate the global energy transition, is pleased to announce a strategic partnership with Zeeve, a leading Web3 infrastructure-as-a-service (IaaS) platform provider, to integrate the Energy Web Chain (EWC) with Zeeve’s enterprise-grade infrastructure stack. Through this collaboration Zeeve is expanding…
RedStone Finance and Voltz Protocol have entered into a significant collaboration, redefining the financial landscape by connecting traditional finance (TradFi) with the exciting world of decentralized finance (DeFi). TradFi enters DeFi with SOFR rates ⚡️ We’re excited to announce our successful integration with @voltz_xyz! We’ve just brought TradFi and DeFi worlds a little closer together…
Key Points Microsoft’s gaming chief, Phil Spencer, recently shared his thoughts on the future of Xbox upgrades in an interview with Kinda Funny Games. According to Spencer, Microsoft is not interested in out-console-ing competitors Sony or Nintendo. Instead, the company is focused on a broader gaming strategy that encompasses Xbox, PC, cloud, and mobile platforms….
Key Points In November 2022, FTX, a prominent crypto exchange, filed for bankruptcy, sending shockwaves throughout the industry. Recent reports suggest that FTX is now fighting to keep its customer list under wraps, citing concerns that its release could negatively impact the exchange’s sale value. The legal implications of this move remain unclear, leaving FTX…
