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Cronos Labs Starts Recruiting Startups for Accelerator Program

Cronos Labs Starts Recruiting Startups for Accelerator Program

Cronos Labs, a Web3 startup accelerator, has launched its third $100 million accelerator program cohort, which seeks to support startup cryptocurrency projects through funding opportunities and mentorship. In a press release, Cronos Labs emphasized that the accelerator’s objective is to foster entrepreneurs with the potential to “shape the future of Web3.” Moreover, Cronos seeks out […]

KEB Hana Bank, BitGo to Launch Crypto Custody Venture

KEB Hana Bank, BitGo to Launch Crypto Custody Venture

KEB Hana Bank, one of the largest banks in South Korea, is set to offer digital asset custody services through a new partnership with the leading BitGo Trust Company in the second half of 2024. Yonhap reported that KEB Hana Bank and BitGo jointly signed a strategic business agreement to establish digital asset custody in […]

Patricia Crypto Exchange Publishes White Paper to Explain PTK Token

Patricia Crypto Exchange Publishes White Paper to Explain PTK Token

The Nigerian cryptocurrency exchange’s announcement of Patricia Token (PTK) met with skepticism and some suspicion from users who took to social media to query Patricia’s motivations. In response to this reaction, the cryptocurrency exchange company has published a white paper explaining the intended purpose of Patricia Token. According to the published white paper, Patricia Token […]

UK Releases 5 Ambitions for Global AI Safety Summit

Bitcoin Mining to Boost UK’s Electricity Demand

The UK has published its five “ambitions” for the global artificial intelligence (AI) safety summit on September 4, emphasizing risks and policies to support the technology. The summit, which will take place on November 1 and 2, is anticipated to bring together academics, politicians, and significant tech companies developing AI to establish a consensus on […]

South Korea to Introduce Bill to Freeze North Korean Crypto Assets

Ruling Party to Postpone Crypto tax for 2 years in South Korea

According to reports, the South Korean government intends to introduce a measure to track and freeze North Korean virtual and crypto assets used to fund illicit weapons programs. According to a report by a local news outlet, Korea JoongAng Daily, multiple anonymous government sources confirmed on August 3 that the bill is in the works. […]