Singapore Launches 5 New Pilots to Test Tokenized Asset
The Monetary Authority of Singapore‘s (MAS) implementation of five supplementary industry pilots for Project Guardian aims to evaluate various asset tokenization use cases. Under the leadership of Singapore’s central bank, Project Guardian is a collaborative effort to create a new financial infrastructure utilizing decentralized finance (DeFi) components. The most recent initiatives focus on developing foundational […]
Poloniex Exchange Resumes Withdrawals Following Hack
Following a $100M hack on Nov. 10, Poloniex cryptocurrency exchange is preparing to resume operations. Poloniex, a cryptocurrency exchange founded by Justin Sun, is preparing to recommence operations after a significant breach in mid-November. The company officially disclosed this information in an announcement published on November 15. The platform’s restoration efforts following the $100 million […]
Kazakhstan Officially Launches Digital Tenge CBDC
Kazakhstan has officially launched the central bank digital currency, the digital tenge, and the country’s chairman of the National Payment Corporation has made the first transaction with the CBDC. Binur Zhalenov, chairman of Kazakhstan’s National Payment Corporation (NPC), has conducted the initial transaction utilizing the central bank digital currency (CBDC). According to the local news […]
Web3 Gaming: Decentralization, Monetization, and More
Explore the transformative potential of Web3 Gaming, a paradigm shift in gaming that brings decentralization, monetization, and more. By utilizing decentralization, Web3 gaming introduces a paradigm shift that facilitates monetization and promotes inclusivity. In the traditional model, developers and publishers typically monopolize revenue streams, but Web3 gaming promotes democratization by leveraging blockchain technology. It gives […]
Blockchain.com Raises $110m in Series E Funding
According to reports, Blockchain.com’s most recent funding puts its valuation at less than half its value at $14 billion in 2022. The British investment firm Kingsway Capital led a $110 Series E funding round for Blockchain.com, the startup that created a Bitcoin wallet and exchange. According to sources close to Bloomberg, the company’s valuation is […]