WazirX to Meet Conditions During 4 Month Moratorium
WazirX’s founder, Nischal Shetty expressed gratitude for the court’s decision, emphasizing the need for a fair and legally binding resolution process. A Singapore High Court has imposed a number of requirements on the WazirX exchange following the granting of a four-month moratorium. The moratorium application’s approval paves the way for the exchange to devise a […]
Dubai Turns Strict on Marketing Crypto Investments
The Dubai change aims to standardize messaging across the industry and protect investors by raising awareness of associated risks. Haven for cryptocurrency investments, Dubai has recently decided to take a different approach and tighten its policies. Dubai Regulator Updates Guidelines on Crypto Investments This is the first measure of its kind to come from the […]
POL Price Soars 5% As Polygon Undergoes Major Upgrade
The Polygon upgrade required all network participants, including node operators and validators to update their nodes. POL, the native token of Polygon, saw a 5% price increase when the network was upgraded in Ahmedabad. This upgrade marked a huge step forward for the Proof-of-Stake (PoS) mainnet of the platform. We anticipate that the update will […]
Onyx Faces $3M Security Breach from Hackers
Onyx breach was discovered by PeckShield, a blockchain security firm, which noted that the attacker now holds around 521 ETH. Hackers have stolen $3.2 million from the decentralized protocol Onyx, which has caused users to be concerned about the possibility of a big breach. This adds to the recent instances of hacking activity that have […]
Web3 Music Streaming Pays Musicians in Stablecoins
Audius, a web3 music streaming platform allows artists to receive direct payments in stablecoin (USDC), giving them full control over pricing. Very few industries have been as forward-thinking as the music industry in investigating and adopting Web3 and culture-related technologies.The use cases for Web3 in the music industry are numerous and will only grow. These […]