Thailand Revokes Zipmex Licence Amid Regulatory Failures
The cryptocurrency exchange Zipmex lost its operating license after Thai authorities discovered that it had consistently disregarded directives. The Securities and Exchange Commission (SEC) discovered that Thai cryptocurrency exchange Zipmex had consistently disregarded court orders, leading to the exchange losing its business license. In a news release dated June 11, the SEC stated that Zipmex’s […]
Polyhedra Launches Staking Following ZK Trademark Drama Resolution
Polyhedra has announced a temporary staking scheme, granting participants a total of $1.13 million in USDT worth of ETHFI, ID, and CYBER tokens. The company that created zkBridge, Polyhedra Network, has announced opening a short-term staking program that would give participants tokens with a total value of $1.13 million in USDT. According to Polyhedra’s Notion […]
Tether Plans $1 Billion Investment in AI and Biotech: Report
Recently, Tether CEO Paolo Androino revealed the stablecoin giant’s investment arm plans to invest over $1 billion in AI and biotech next year. Tether, a stablecoin giant, has once again garnered global attention with its strategic investment programs, which include intentions to enter the AI and biotech sectors in the near future. Tether Holdings Inc., […]
Jellyverse Launches DeFi 3.0 Tools on Sei Blockchain
The DeFi platform Jellyverse, which serves as Balancer’s sole partner on the Sei blockchain, has launched a new decentralized exchange (DEX) to encourage further growth in the DeFi sector. The Jellyverse team unveiled the new ecosystem on Monday through a press release that was obtained. Three features have been announced: JellySwap, a DEX protocol; JellyStake, […]
Binance Labs Acquires AI zk Rollup Zircuit: Here’s Why
Binance Labs recently announced their investment in L2 Zircuit, a ZK rollup that promotes security powered by artificial intelligence. To strengthen its resolve to provide consumers with a smooth Web3 experience, Binance Labs, the company’s startup financing and incubation division, recently disclosed that it had invested in AI rollup Zircuit. Zircuit is a zero-knowledge (ZK) […]