Singapore’s regulatory authority has launched a fresh probe into Terraform Labs, a blockchain company established by Do Kwon, amid tensions over potential regulatory breaches. The step follows a similar investigation opened by the United States Securities and Exchange Commission (SEC) last year for misleading the public by stating that Terra was decentralized and that TerraUSD…
Blockchain technology has emerged as a revolutionary technology that has the potential to disrupt traditional business models across various industries. This decentralized, secure, and transparent technology can transform businesses’ operations, making them more efficient, transparent, and secure. In this article, we will explore how blockchain can disrupt traditional business models and create new opportunities for…
In recent years The Securities and Exchange Commission has cracked down on several high-profile crypto firms. In a recent effort, SEC has launches emergency actions against BKCoin, a Miami-based investment advisor, for its involvement in a $100 million fraudulent investment scheme. What are the Allegations against BKCoin? As per the SEC, BKCoin and its co-founder,…
Virtual reality has emerged as a disruptive technology that has the potential to revolutionize many industries. The Metaverse is a concept that has gained popularity in recent years and is often described as a virtual world where people can interact with each other in real time. The Metaverse is becoming a reality thanks to advancements…
To bring improvement in the customer experience, the State Bank of Pakistan (SBP) has called on all commercial banks to begin leveraging blockchain technology for customer identification, or Know Your Customer (KYC) verification. The incorporation of blockchain technology will enable banks to prevent money laundering, terrorism financing, decreasing the paperwork involved in the process of…
Binance US, the American branch of the global cryptocurrency giant Binance, is reportedly accused of running an unregistered securities exchange. This news comes as a shock to the American crypto community. Thanks to the SEC’s scrutiny of companies that violate securities laws in the cryptocurrency space as this revelation is part of this ongoing clampdown…
Kiraverse, the popular multiplayer game that enables players to import custom characters and trade in-game assets for cryptocurrencies, has just announced the release of their new beta version V1.3. The latest update comes with a significant new integration, which allows players to use digital assets they own, even if they’re from non-Kiraverse collections. Moreover, in…
Yuga Labs have unveiled an ordinal inscription collection TwelveFold, their newest and most ambitious foray into the NFT space. This collection is set to revolutionize blockchain technology with its unparalleled utilization of the bitcoin blockchain. With eye-catching features that encourages enthusiasts from all over to partake in this unique corner of the crypto sphere, it…
In a highly ambitious move, some of Japan’s leading financial and technological institutions have come together to form an innovative metaverse infrastructure project. To provide users with convenient payment systems, reliable authentication services, and comprehensive insurance options across multiple platforms, this collaborative effort is poised to revolutionize how digital assets are handled in the modern…
JPG Store improves its site’s language translations to provide easier access for international artists to create NFTs for a global community of buyers [ GLOBAL ] – February 28, 2023 – Today, JPG.Store announced the launch of Language Localization, a feature which improves the quality of the site’s translations for the benefit of its global…
