Norwegian govt agency launches metaverse office with EY
To reach its next generation of users, the Brønnøysund Register Center worked with EY to launch a virtual office in the Decentraland metaverse. The Norwegian government’s Brønnøysund Register Center joined forces with Big Four accounting giant Ernst & Young (EY) to build a new virtual office space in the metaverse. Along with maintaining the systems for the […]
Binance Oracle links Web3 and blockchain with smart contracts
Binance Oracle will allow decentralized apps and Web3 partners on BNB Chain to access data sources and advanced computations. A new data feed network called Binance Oracle has been launched by cryptocurrency exchange Binance, starting with its own internal blockchain product, BNB Chain. Binance Oracle enables blockchain smart contracts to link with real-world data. To […]
Singapore MAS Wants To Outlaw Cryptocurrency Credits
MAS recommended that cryptocurrency service companies refrain from offering credit to clients or accepting credit card payments from them. In response to the collapse of the Singaporean cryptocurrency hedge fund Three Arrows Capital, the Monetary Authority of Singapore (MAS) has proposed new rules to better govern the industry. The central bank of Singapore has released […]
Top 10 DeFi exchanges
Decentralized finance (DeFi) exchanges are the direct opposite of centralized exchanges as they do not require any form of middle man or intermediary to carry out their transactions. In this article, we’ll be taking a look at some of the top DeFi exchanges. DEXs, or decentralized (DeFi) exchanges, are peer-to-peer markets where cryptocurrency traders can […]
Former Bithumb chairman could face an 8-year prison sentence
If found guilty the former chairman of South Korean crypto exchange Bithumb could be sentenced to jail for a maximum of eight years over the alleged $70m fraud. According to a report from Yonhap News Agency, local prosecutors sought the Seoul District Court for the Bithumb sentence on October 25, and the sentencing hearing will […]