BLOCKCHAIN
Blockchains incorporate several important features such as immutability, encryption and distributed storage, which combined makes secure peer-to-peer transactions possible and in turn has created the means to end human dependence on credit and thus credit intermediaries. Due to these features, blockchain has been referred to as ‘the Trust Machine’ and is forecasted to transfer the trust from agencies and institutions which are enforced by law to machine-based networks guaranteed by technology and mathematics.
Binance Rolls Out Crypto Education Tour in 5 French-Speaking African Nations
To propel blockchain adoption and financial accessibility on African soil, crypto exchange Binance has launched a crypto education tour in five french-speaking countries.
House Stablecoin Bill to Seek Two-year Ban on Issuing New Algorithmic Stablecoins
U.S. House of Representatives is drafting a new bill to impose a two-year ban on issuing new algorithmic stablecoins similar to TerraUSD (UST), according to Bloomberg.
Startup Nilos Raises $5.2M in Funding Round for Business Development
Nilos has announced that the funds will be used for bringing in new clients, finance research and development, and building the sales and marketing team.
Indonesia to Update Govt Rules for Crypto, Implement More local Control
The South Asian country's trade ministry is planning to issue rules to govern crypto exchanges that will require two-thirds of the board of directors and commissioners to be Indonesian citizens and live in Indonesia.
CoinShares to Launch Algorithmic Trading Platform for Retail Traders
CoinShares' new platform HAL will provide retail traders access to a range of algorithmic trading strategies for $20 per month.
Binance Taps MVP License from Dubai Virtual Assets Regulatory Authority
Binance Exchange has announced it has tapped the Minimal Viable Product (MVP) license from Dubai’s Virtual Asset Regulatory Authority (VARA).
Hong Kong Tycoon-backed C Capital to Raise $500m to Invest in Digital Assets
C Capital, a fund owned by Hong Kong real estate tycoon Adrian Cheng, plans to raise $500 million in the next 18 months to invest in blockchain and digital assets.
Axelar Partners With LongHash Ventures to Launch Its First Global, Cross-Chain Accelerator Program
LongHash Ventures, Asia’s first Web3 Accelerator and one of Asia’s leading Web3 venture funds, today announces its partnership with Axelar, a cross-chain communication network for Web3, to launch the LongHashX Accelerator Cohort 10 Axelar Cohort.
Coinshift Integrates Superfluid to Automate Crypto-Native Payroll with Ongoing Money Streams
Coinshift’s native integration of Superfluid Protocol allows DAOs and web3 businesses to automate payroll with money streams, saving HR managers time and cognitive effort
Kitsumon Launches NFT Breeding Gameplay
Kitsumon has announced the launch of its Breeding Mainnet, showing the significant progress made by the game project since its testnet announcement back on the 14th of June 2022, and hundreds of users testing this Gameplay aspect within this period of time also, which is now available.