Kenya forms parliamentary committee to investigate Worldcoin
The Kenyan government has created a parliamentary committee investigating a controversial crypto project. The Worldcoin cryptocurrency project has encountered another barrier – this time in Kenya, where the government has appointed a 15-member parliamentary committee to study the controversial asset. The Kenyan government organized a 15-member committee headed by Narok West Member of Parliament Gabriel […]
Binance Labs Invests in Delphinus Lab
Binance Labs is accelerating the Web3 revolution by investing in Delphinus Lab, a pioneering infrastructure provider in the zkWASM market. This investment, made on August 21, marks the beginning of a new era for Web3 apps, promising increased security, privacy, and flexibility for developers and users. zkWASM is a technology that combines zero-knowledge (ZK) encryption […]
Kraken Introduces Support for PayPal’s Stablecoin, PYUSD
Kraken announced on August 18 that it had added support for PayPal’s stablecoin, also known as PayPal USD or PYUSD. PayPal’s stablecoin, PayPal (PYUSD), will start trading on the cryptocurrency exchange Kraken on August 21, further establishing the stablecoin’s expanding market share. With the restriction that all transactions must be limited to the Ethereum blockchain […]
Terra Users Face Domain Issue Amidst Legal Drama
Terra users are being urged to exercise caution as a security issue with Terra.money comes to light. The occurrence, which takes place in the midst of legal uncertainty in the cryptocurrency realm, emphasizes the industry’s continual quest for stability. Terra, a blockchain network well-known for its stablecoin, recently discovered a potential risk to the online […]
Binance Considers Legal Action Following Checkout.com Split
After abruptly deciding to terminate ties with the payment processor Checkout.com, Binance is considering legal action. The letters of termination from Checkout.com, which were sent out on August 9 and August 11, refer to regulatory issues, suspicions of money laundering, and compliance checks. However, Binance expresses a different viewpoint, claiming it disagrees with Checkout’s “rationale […]