Coinbase Launches On-Chain Identity Verification Platform
Coinbase has announced the launch of its Verifications platform, which brings know-your-customer policies on-chain using the Ethereum Attestation Service. Coinbase, one of the largest and most popular crypto exchanges, has launched its Verifications platform, which brings identity verification on-chain using the Ethereum Attestation Service (EAS). The exchange said that launching identity verification on the chain […]
48 Nations Unite to Implement Crypto Tax Reporting Standard
A coalition of 48 countries has agreed to adopt the Crypto-Asset Reporting Framework, a new global standard for tax transparency in the crypto-asset market. The crypto-asset market is facing a major shift in tax regulation as a coalition of 48 countries has come together to implement the Crypto-Asset Reporting Framework (CARF), a new global standard […]
Hodlnaut Announces Liquidation Amid Crypto Market Downturn
Hodlnaut, a crypto lending firm based in Singapore, has been forced to liquidate its assets after suffering huge losses in the Terra/Luna and FTX debacles. The company’s users and creditors are left in limbo as the liquidation process unfolds. Hodlnaut crypto lending platform, has announced its liquidation after failing to recover from the massive losses […]
Nigeria, Raspberry Pi Foundation to Launch Code Clubs for Digital Literacy
Nigeria’s communication ministry, in partnership with the Raspberry Pi Foundation, a computing education charity based in the United Kingdom, will establish Code Clubs to introduce young participants to coding and digital technology. Together with the Raspberry Pi Foundation, a computing education charity based in the United Kingdom, the federal government of Nigeria , via the […]
Lloyds Bank Reports Cryptocurrency Scams Soars 23% in UK
Lloyds Bank, one of the Big Four institutions in the United Kingdom, has reported that victim reports of cryptocurrency investment scams have increased by 23% between the same period in 2022, with young investors as prime targets. As per a press release issued by Lloyds Bank, a growing proportion of investors are confronted with the […]