News

Malaysia has emerged as the latest country to join the list of the countries looking forward to exploring the virtual currency space with a government-regulated CBDC project. The constant surge in the popularity of cryptocurrencies has made financial regulators and governments from across the globe…

Considering the whopping success of Non-Fungible Tokens since the start of 2022, it won’t be wrong to say that NFTs will soon emerge as the undisputed leader of the investment sector. The growing craze in digital collectibles has given a huge push to the business houses and firms involved in NFT…

Working as the prime Australian governing entity for tennis in the country, Tennis Australia has entered into a strategic partnership with Decentraland to host the Australian Open in the Metaverse space. The collaboration will unfold the magic of the virtual world of a metaverse in supporting the…

The crypto investors in Uruguay are all set to enjoy seamless access to their favorite crypto asset, Bitcoin with the recently installed Bitcoin (BTC) ATM project. Created as part of a strategic partnership venture between two local companies of Uruguay, URUBit, and inBierto, the Bitcoin ATM is…

With investors flocking towards cryptocurrencies sidelining the traditional investment options, the government authorities are compelled to chalk out a regulatory framework for the industry. The latest news in this regard is coming from Hong Kong where the country’s central bank, the Hong Kong…

The proud creator of Linden Labs’ insanely iconic virtual projects Second Life, Philip Rosedale is all set to return to his roots as a strategic advisor for the team to help them explore the Metaverse kingdom. Founded in 2003, Second Life shines as one of the earliest ventures in the field of…

Working as a popular open distributed ledger and value transfer protocol, IOTA has proudly announced that it has joined the European Commission for its blockchain and DLT initiative. Having been selected as one of the five contractors for Phase 2A, the Internet-of-Things transaction blockchain…

Globally recognized payment settlement service providing firm, Block is gearing up to create a powerful, robust, and open bitcoin mining system for the ecosystem. The news was circulated in the media via an official Twitter post by Block’s general manager for hardware, Thomas Templeton. However,…

Russia’s renowned banking entity Tinkoff’s parent company, TCS Group Holding has acquired a majority share in Aximetria, a Swiss-based cryptocurrency startup firm. With this investment, TCS Group is gearing up for its big sweep into the digital currency space that is fast gaining pace in the global…

Working as the third-largest private sector banking entity in India, Axis Bank has successfully processed the industry-first blockchain transaction on Secured Logistics Document Exchange (SLDE) ecosystem. The highly-anticipated Domestic Trade Transaction was executed with Arcelor Mittal Nippon…

Considering the growing popularity and craze for stablecoins in the global finance space, Hong Kong’s central bank, the Hong Kong Monetary Authority has shared plans for regulating the industry. On Wednesday, the banking authority released a discussion paper concerning cryptocurrencies and…

Working as a top-tier concert streaming platform focused on offering a next-gen entertainment experience, Animal Concerts has collaborated with Klaytn blockchain firm. Hailing from South Korea, Klaytn network is a decentralized platform controlled by the globally-renowned Kakao internet group. With…