Tomi, a decentralized cloud computing network, has announced that it has raised $40 million in a funding round led by DWF Labs, Ticker Capital, and Piha Equities, as well as Japanese crypto investor Hirokado Kohji. Tomi aims to provide an alternative to the traditional internet by creating a decentralized autonomous organization (DAO) that governs a … Continue reading Tomi Raises $40M for Decentralized Web Alternative
The Australian Prudential Regulation Authority (APRA) has reportedly ordered local banks to report on their exposure to cryptocurrency transactions in the wake of recent banking collapses, including the Silicon Valley Bank (SVB) and Silvergate failures. The regulator is seeking to obtain more information and insight into banking exposures to crypto assets and associated risks. According … Continue reading Australian Banks Ordered to Report Crypto Transactions
Bitcoin has been a popular investment asset since its inception in 2009, and data shows that hodlers have experienced profits on the majority of trading days. According to Blockchain.com, Bitcoin hodlers enjoyed profitable days on 88.50% of the 4,593 days the cryptocurrency has been tradable. This challenges the historical narrative that crypto has depreciating volatility, … Continue reading Bitcoin Hodlers Experience Profits on Majority of Trading Days
In a move that aims to make self-custody cryptocurrency purchases more accessible in Nigeria, MetaMask has partnered with MoonPay to expand direct on-ramps with local banks. ConsenSys, the parent firm of MetaMask, announced the integration on March 21, allowing users in Nigeria to purchase crypto via instant bank transfers. This new feature is available within … Continue reading MetaMask Enables Direct Bank Transfers for Crypto Purchases in Nigeria
The Arbitrum community is abuzz with anticipation following the announcement of the ARB token airdrop by Arbitrum Foundation. The new token will be airdropped to eligible community members on Thursday, March 23, and marks Arbitrum’s official transition into a decentralized autonomous organization (DAO). Arbitrum One and Arbitrum Nova are networks that allow users to transact … Continue reading Arbitrum's ARB Token Airdrop Triggers OTC Trading
Tallinn, Estonia, 21st March, 2023, Chainwire Estonia-based crypto startup CryptoWallet.com has become one of the first crypto companies to receive a stamp of approval from Estonia’s Financial Intelligence Unit (FIU). CryptoWallet.com renewed its crypto license despite strict regulatory measures introduced last year to maintain compliance and transparency within the crypto space. The Estonian license to … Continue reading CryptoWallet.com Among Minority of Successful Companies to Renew Coveted Estonian License
London, United Kingdom, 22nd March, 2023, Chainwire Battle of Olympus, an arcade street fighting game, is set to launch the first phase of its presale for its in-game currency $GODLY on Arbitrum on Monday, March 27. Battle of Olympus stands alone as one of the few Web3 games with a fully working demo, with an update due in Q2 … Continue reading Arcade fighting game Battle of Olympus to launch presale for GODLY token on Arbitrum on March 27
Cathie Wood’s investment management firm ARK Invest has sold a portion of its Coinbase shares as the stock sees significant growth in price. After three months of active buying, ARK made its first sale of Coinbase stock in 2023, accounting for 23% of all shares acquired in March and 9% of all shares purchased this … Continue reading ARK Invest Sells Portion of Coinbase Shares
Nigeria’s central bank launched its own digital currency, the eNaira, in 2021, and nearly 18 months later, the CBDC is seeing increased adoption in the country. The acute cash shortage in Nigeria is due to the central bank’s decision to replace older banknotes with bigger denominations, which has caused severe shortages in national fiat reserves. … Continue reading eNaira Adoption Grows Amid Nigeria's Cash Shortages
The United States Department of Justice has charged Irina Dilkinska, a former executive of the fraudulent cryptocurrency scheme OneCoin, with wire fraud and conspiracy to commit money laundering. Dilkinska, who was extradited from Bulgaria, now faces up to 40 years in prison for her alleged role in aiding the laundering of over $400 million of … Continue reading Former OneCoin Executive Charged with Fraud