Worldcoin Teams up with Alchemy to Launch World Chain
In order to introduce its new blockchain World Chain, Worldcoin has partnered with Web3 infrastructure platform Alchemy. The new blockchain is a platform whose primary use cases are digital identification and decentralized finance (DeFi), with the goal of providing practical usefulness to the worldwide community. According to a statement from the two organizations, Worldcoin will […]
South Korea Strengthens Crypto Regulations with User Protection Act
South Korean cryptocurrency investors should expect tighter protections next month after the government approved new legislation to protect users in the case of a crypto exchange bankruptcy. The Financial Services Commission (FSC) declared on Tuesday that the enforcement decree, scheduled to go into effect on July 19, is a component of a larger plan to […]
Crypto Market Maker GSR Markets Restructures Management
GSR Markets, a digital asset liquidity provider, has announced a management restructure in anticipation of a cryptocurrency rise. GSR Markets, one of the oldest cryptocurrency market makers, announced management changes as part of their efforts to “better serve clients located in different time zones with crypto booming again.” A report from Bloomberg states that the […]
Nubank Partners Lightspark to Integrate Bitcoin Lightning Network
In order to integrate Bitcoin Lightning Network transactions into its operations, Nu Holdings (Nubank) has formed a strategic alliance. Leading neobank Nubank was established in 2013 and has its main office in Sao Paolo, Brazil. Services offered by the bank are dispersed throughout Colombia, Mexico, and Brazil. Its most recent statement highlights a novel collaboration […]
Zodia Custody Partners 21Shares for Crypto ETP
Zodia Custody becomes a leading custodian for 21Shares, bringing greater risk controls and regulatory compliance for institutional investors. The custodian provider for 21Shares’ physically backed exchange-traded products (ETPs) in Switzerland will be Zodia Custody, a British cryptocurrency custodian sponsored by Standard Chartered and SBI Holdings. In response to a “continuing sharp increase in ETP demand,” […]