Blockchain

Although some consider the second quarter of 2023 a lost quarter, others find that the smart contracts industry remains resilient. Even though the crypto space suffered from lower investments from venture capital firms, developers…
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South Korea has established an interagency investigation unit to combat cryptocurrency crimes, aiming to address the rise in illicit activities in the market and the need for investor protection, according to a July 26 report.…
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Sky Mavis, the company behind the popular play-to-earn (P2E) blockchain game Axie Infinity, has announced a partnership with the Ethereum-based nonfungible token (NFT) collection CyberKongz to create a more comprehensive gaming ecosystem…
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The recent court ruling that Ripple’s XRP (XRP) token is not considered a security when sold on digital asset exchanges has sparked a wave of positive sentiment across the cryptocurrency ecosystem. Stuart Alderoty, chief legal officer at…
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Despite the former governor’s ousting nearly two months ago, the Central Bank of Nigeria (CBN) continues to be committed to its central bank digital currency (CBDC) project, showing no indications of abandoning it.According to a report…
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Nigerian social payments app Bundle has announced it is shutting down its crypto exchange arm. According to the July 20 statement released on the company blog, Bundle said that it would cease operations of its exchange services as part…
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The world of finance is rapidly evolving, driven by advancements in technology and changing consumer behaviors. As humanity moves further into the digital age, several emerging trends are reshaping the financial services landscape. This…
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The United Kingdom government has rejected a proposal made by the U.K. Treasury Committee to regulate crypto retail trading in the same way it oversees gambling, stressing that it "firmly disagrees" with the Committee's stance. A panel…
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Bankrupt crypto lender Celsius is battling a Chapter 11 bankruptcy with billions of dollars in claims made by various parties. A new estimate by the Bank of the Future suggests that the troubled crypto lender could likely repay the…
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The Web3 ecosystem is built on the principles of decentralization; however, most aspects of the ecosystem are still relatively centralized. Be it metaverse servers or nonfungible tokens (NFTs), several blockchain ecosystems are entirely…
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