UAE Central Bank Signs CBDC Agreement
The Central Bank of the United Arab Emirates (CBUAE) is inching closer to fully launching its central bank digital currency (CBDC) . According to a statement on March 23, the CBUAE struck an agreement with Abu Dhabi’s G42 Cloud and digital banking services provider R3 to be the infrastructure and technology suppliers of the Central […]
Terra’s Do Kwon reportedly arrested in Montenegro
The Terraform Labs CEO, Do Kwon, was finally taken into custody on Thursday in Podgorica, Montenegro. The Terraform Labs CEO, Do Kwon, was ultimately taken into custody on Thursday in Podgorica, Montenegro. The Montenegrin police claimed they detained a person who is believed to be the CEO of Terraform Labs and described him as one […]
Copper To Lay Off Nearly 15% Of Workforce
Copper is set to lay off up to 15% of its workforce as it concentrates on providing institutional clients with custody and settlement services for digital assets. Copper, a provider of digital asset infrastructure, intends to lay off up to 15% of its workforce as it turns its attention to custody and settlement solutions. According […]
BNB Chain Introduces Zero2Hero Hackathon
BNB Chain, the decentralized platform for running smart contracts on BSC has announced the commencement of its Zero2Hero hackathon. The hackathon is an international online competition that encourages programmers to design cutting-edge apps utilizing BNB Chain’s technology. The network stated that the Zero2Hero hackathon would take place from April 17 to May 14 and feature […]
Uphold Discontinues Staking For US Customers
Crypto exchange Uphold has informed its users that it would stop providing staking services to American clients on April 27, 2023. Uphold declared that it “can’t ignore the recent SEC instructions on staking” and will therefore immediately discontinuing its staking services in response to recent SEC actions to crack down on cryptocurrency-related products and businesses. […]