TRAI chooses a state-run blockchain platform amid the bulk SMS regulations
The Telecom Regulatory Authority of India (TRAI) enacted an SMS regulation that requires businesses to comply with pre-registered messaging templates to counter spam and fraud. BSNL DLT, a content verification tool based on ledger-based blockchain prot ocols, is supporting the drive. Because the SMS rule applies to all industry verticals, banks, educational institutions, and private […]
Nicholas Racz becomes Strategic Advisor of Unizen (ZCX)
Unizen’s strategy and vision will be reshaped by a world-class decentralized systems researcher, Nicholas Racz. The Unizen team was the first to introduce the notion of CeDeFi, which is a bridge between two popular types of cryptocurrency protocols. Now, a new high-profile specialist will be tasked with developing the company’s commercial development and data management […]
Crypto.com insurance program now covers $750M in digital assets
Digital currency exchange Crypto.com’s insurance policy has been upgraded to cover up to $750 million in digital assets, this is to provide security for users of the platform. Arch Underwriting, a division of Lloyd’s Syndicate 12, is backing the new policy, which has been in force since September 6. The insurance covers Crypto.com’s cold storage […]
Thai SEC issues license to a real estate project on the Ethereum blockchain
The Thailand Securities Exchange and Commission (SEC) has granted a license to an asset-backed token issuing business Fraction, the firm allows traders to invest as little in real estate properties and is based on the Ethereum blockchain. Fraction, a wholly-owned subsidiary of Hong Kong-based fintech business Fraction Group, announced Sept. 16 that it has secured […]
The global crypto market crash was triggered by China’s real estate firm
According to crypto-journalist Colin Wu, the Hong Kong stock market plunge which triggered the global crypto market was caused by china’s second-largest real estate firm Evergrande. The stock market in Hong Kong has crashed. The Hang Seng index in Hong Kong, in particular, fell about 7% on that day, hitting a 52-week low. According to […]