Key Takeaways: Just one month after its June launch, Nubank, the largest digital bank in Brazil in terms of market value, attracted 1 million users to its cryptocurrency trading platform. The area of asset tokenization is another area the bank…
Key Takeaways: Thanks to a new bill, the White House might have a crypto advisor. The bill will also aid in addressing the industry’s supply chain problems. The US House of Representatives made history when it passed the Chips and…
Key Takeaways: The biggest mining pool for Monero, MINEXMR, has stated that it would shut down on August 12. The group advised its miners to switch to the p2pool decentralised pool. In some cryptocurrency communities today, Monero (XMR) is still…
Key Takeaways: The U.S. Senate has received a new measure from Senators Patrick Toomey and Kyrsten Sinema that would exempt modest crypto transactions from the application of capital gains tax regulations. With a mechanism to change that baseline along with…
Key takeaways: According to reports, many citizens of Nigeria turned to alternative assets like bitcoin and stablecoins to protect their wealth after the naira’s devaluation. On the well-known P2P trading platform Paxful, Nigerians transacted more than $5 million worth of…
Key Takeaways: The FTC makes an effort to stop Meta from acquiring a popular app developer. Agency alleges that Mark Zuckerberg, the CEO of Meta, is attempting to use the illegal acquisition to grow their virtual reality empire. According to…
Key Takeaways: The Sumitomo Mitsui Banking Corporation (SMBC) has declared its intention to diversify into the non-fungible tokens (NFTs) and Web3 platforms sectors of the digital asset market. To create a special service platform, SMBC intends to combine its corporate…
Key Takeaways: Lido intended to offer Dragonfly Capital 10 million LDO tokens for a fixed price of $1.45 each. The proposition was defeated with nearly a two-thirds majority in the final vote. With 43M LDO tokens, 600 Lido DAO members…
Key takeaways: In 2022, Arcane expected that a soaring stablecoin supply would result in more regulatory attention and the expansion of algo stables. It should be anticipated that various regulatory authorities will become more involved as time goes on, especially…
Key Takeaways: The CEO of Binance is suing Bloomberg for defamation. The issue is the misleading label “Changpeng Zhao’s Ponzi Scheme.” CZ said that the report’s cover and the news articles that accompanied it were embellished with baseless illicit claims.…
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