Yellow Card Exchange to Seek Licensing as Nigeria Lifts Crypto Ban
The Central Bank of Nigeria (CBN) has lifted its ban on cryptocurrency transactions for banks in the country. Pan-African cryptocurrency trading platform Yellow Card Exchange is looking into obtaining a license in the most populous country in Africa, following the Central Bank of Nigeria’s (CBN) decision to lift the restriction on cryptocurrency transactions for banks […]
Gaming Company Wemade Launches $100m Web3 Fund
The $100 million web3 fund has been launched by South Korean video game producer Wemade Co. in association with Whampoa Digital, an investment firm based in Singapore. Together, the two businesses established the Wemade Web3 Fund, which is devoted to funding blockchain-based gaming initiatives with an emphasis on the Middle East. According to the release, […]
Bank of China Completes First Precious Metal Digital Yuan Settlement
The Shanghai branch of the Bank of China has completed the first settlement of precious metals using the digital yuan. The South China Morning Post claims that the Bank of China, a commercial bank based in Beijing, has completed the first cross-border settlement for trade in precious metals using digital yuan. This means that the […]
Solana Struggles with Saga Phones Inventory
The third-party distributor for Solana Mobile experienced inventory problems, which led to order cancellations and refunds for impacted clients. The mobile tech startup Solana Mobile, which creates the Solana Mobile Stack and Saga, said in an X post on December 22 that a significant spike in demand for its Saga product led to sellouts in […]
Yuga Labs Releases New Wrapper Contract for CryptoPunks
Yuga Labs, the developer of Boresome Ape, has released a new wrapper for the CryptoPunks collection to facilitate trades on markets. The recently released CryptoPunks721 wrapper uses Larva Labs’ PunksData smart contract for on-chain metadata and runs on a permissionless basis, according to an X thread by @0xQuit, the developer of smart contracts for Yuga […]