Moonbeam, an emerging protocol that prides itself as one of the most powerful Ethereum-compatible smart contracts on the Polkadot blockchain, has won the second parachain auction slot, riding on the wings of over 200,000 of its diverse community. The keenly contested auction ended in the protocol’s favour after it secured a total of 35 million … Continue reading Moonbeam Wins Second Parachain Auction Slot on Polkadot
Coinbase Global Inc has announced that it has acquired an Unbound security company based in Israel, developing ways to transfer and store cryptocurrencies more easily and securely. On Tuesday, November 30, Coinbase stated that it acquired Unbound to expand its multi-party computational (MPC) capabilities, gain access to the company’s cryptographic security experts, and launch a … Continue reading Coinbase Acquires Cryptographic Security Company Unbound, Strengthening Presence in Israel
Coinbase’s Chief Product Officer Surojit Chatterjee announced the company’s plans to transition into the Amazon Web Services (AWS) of the digital currency ecosystem. Speaking at an exclusive interview with Forbes, Chatterjee detailed the crucial role Coinbase Clouds (Bison Trails) has to play in the company’s future ambitions. “We want to be the AWS of crypto,” said … Continue reading Coinbase Plans to Transition into the AWS of Digital Currencies
Ramp Network, a Polish-born crypto payments service provider has concluded its Series A funding round, attracting high-profile investors who pumped $52.7 million into the startup. As reported by Sifted, the funding round was led by Balderton Capital, and also enjoined participation from existing investors including NFX, Galaxy Digital, Seedcamp, and Firstminute Capital, as well as … Continue reading Polish Crypto Payments Firm Ramp Network Raises $52.7M in Series A Funding
Banco de México, the Central Bank of Mexico, has revealed that its projected Central Bank Digital Currency (CBDC), dubbed the Digital Peso, will be up for public distribution by 2024. This timeline was revealed through the official Twitter accounts of the central bank as well as that country’s president. The tweet reads: “The @Banxico reports that … Continue reading Mexican Central Bank Reveals CBDC Distribution in 2024
One word that has been on the tip of the tongue of almost every second person on this planet especially since the last decade, and that has completely revolutionized the world in which we are currently living, is none other than technology. Under the umbrella of technology, there are several terms with which might be … Continue reading Top 5 Technology Trends that Might Shape in 2022 and Beyond
The United Kingdom’s tax authority, Her Majesty’s Revenue and Customs (HMRC) have arrested three suspected tax evaders and seized three Non-Fungible Tokens (NFTs), a confiscation that marks the very first of them that it’s kind from any law enforcement agency in the country. Per a BBC report, three suspects were allegedly involved in data fraud … Continue reading UK's HMRC Makes the First NFT Seizure in Tax Evasion Scandal
In a bid to become a global crypto hub, the United Arab Emirates (UAE) is gearing up to issue federal licenses to virtual asset service providers (VASPs) by the end of Q1 2022. The Securities and Commodities Authority (SCA) is finalizing the amendment of legislation needed for VASPs to set base, according to a UAE … Continue reading UAE to Strive for Virtual Service Provider Licenses before Q2
Mobilum Technologies Inc has signed a strategic service agreement with Crypto.com. The former firm will integrate Mobilum’s algorithms to provide token liquidity services to provide crypto.com customers with better services. Mobilum Technologies Inc, a Vancouver-based licensed financial institution, is the first solution provider of Fiat-to-Dex Tokens rails to access the cryptocurrency space through traditional financial payment methods, offering Visa and … Continue reading Crypto.com and Mobilum Technologies Form a Strategic Partnership, Provide Crypto Liquidity Services
American entertainment and cinema brand AMC Theatres integrates Dogecoin (DOGE) and Shiba Inu (SHIB) as payment options for its services. As unveiled on Twitter by the company’s Chief Executive Officer, Adam Aron, the integration on the company’s website can happen as fast as the 19th of this March, while the update on mobile applications will … Continue reading AMC Theatres to Accept Shiba Inu and Dogecoin by March 19