Sber Russia’s largest bank sets to launch its digital asset tool in September
Sber, Russia’s largest bank, is continuing to thrive in the blockchain industry as it sets to register its digital assets tool this month according to the bank’s executive board deputy chairman. According to local news agency TASS, Anatoly Popov, deputy chairman of the executive board at Sber, the bank plans to register its digital asset […]
Simba Chain raises $25 million to boost NFT efforts
Simba Chain, a blockchain firm based in the US that supplies technology to a number of US defence agencies, has secured more capital through funding to help it take advantage of the nonfungible tokens (NFTs) space. According to an official release, Valley Capital Partners led the $25 million Series A funding round, which included Notre […]
Iranian Ministry allegedly dismisses illegal crypto mining claims by Tavanir
In response, Iran’s Ministry of Industry, Mine and Trade called into question Tavanir’s assertions that illegal mining activities consume 2,000 megawatts of electricity every year. Iran’s Ministry of Industry, Mine, and Trade has reportedly refuted accusations made by Iran’s largest power firm Tavanir, which claimed that unlicensed bitcoin miners were to blame for the country’s […]
Singapore Regulator adds Binance to its ‘Investor Alert List’
In a sign that the cryptocurrency exchange does not have a valid license, Singapore’s financial regulator has put Binance.com to its Investor Alert List. Binance , the largest cryptocurrency exchange in the world, has been included to the Monetary Authority of Singapore’s (MAS) Investor Alert List, which was published today. The exchange’s main website, Binance.com, […]
Global crypto exchange OKEx launches DeFi hub and NFT marketplace
A DeFi Hub and a marketplace for the creation and sale of non-financial tokens (NFTs) are being launched by OKEx to broaden its decentralized finance footprint. Introducing the DeFi Hub, a decentralized digital asset ecosystem that includes a marketplace for nonfungible tokens, global cryptocurrency exchange OKEx is stepping up its efforts in decentralized finance (DeFi) […]