The Australian stablecoin will be called AUDN. It will be backed one-for-one by the Australian dollar. Users will be able to settle transactions using blockchain
Year: 2023
Genesis could file for bankruptcy this week: report
Genesis Global Capital, a crypto lending platform owned by Digital Currency Group (DCG), is said to be considering filing for bankruptcy. According to a Bloomberg
Deal Box launches $125 milllion venture fund to invest in Web3
Deal Box’s venture arm will invest in blockchain and Web3 startups. Dubbed Deal Box Ventures, the investment unit will target projects in fintech, emerging growth,
Polkadot’s XCM v3 finally merged after 15-month development
XCM works across chains, smart contracts and non-fungible tokens (NFTs). It also supports communication between networks with different consensus mechanisms, like between Bitcoin and Polkadot.
The Problem of Identity Theft And Blockchain Era – Ways to Address It
The blockchain, what it is and how it works. The problem of identity theft for blockchain-based businesses. How blockchain helps businesses tackle the issue of
Ethereum price targets $2k as fear and greed soars
Ethereum price has been in a strong bullish trend in the past few days. The fear and greed index has moved to the greed zone.
Shiba Inu makes 20% jump after listing on Upbit
At press time, Shiba Inu was trading at $0.00001233. Upbit now allows users to trade SHIB against won. Upbit is the most popular crypto exchange
Coinbase halts operations in Japan, customers to withdraw assets
Coinbase has announced that it has stopped its operations in Japan. The exchange has cited “market conditions” for the move. Customers are advised to withdraw
SEC’s crypto-related penalties hit $2.6 billion in 2022
The SEC’s first crypto-related enforcement action was in July 2013. The agency has brought 127 such actions since, with 30 of these in 2022 representing
An introduction to KYC: the most significant feature in the crypto world
The initial level of anti-money laundering (AML) reasonable care is called “know your customer,” or KYC for short. The Know Your Client (KYC) processes are