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Tech Giants Microsoft and Tencent Aid Decentralization of Infura Network
November 15, 2023
Web2 giants, including Microsoft and Tencent, have partnered with Consensys on its mission to decentralize the Infura network, a key gateway to Ethereum for the decentralized finance (DeFi) sector. The …
Read morePoloniex Restores Services After $100M Heist
November 15, 2023
Following a security breach involving over $100 million worth of digital assets, including Ethereum (ETH), cryptocurrency exchange Poloniex announced their almost complete restoration of deposit and withdrawal services. The breach …
Read moreIMF Chief Suggests CBDCs Could Replace Cash, Strengthen Financial Inclusion
November 15, 2023
The International Monetary Fund (IMF) Managing Director, Kristalina Georgieva, has urged the public sector to continue preparations for the deployment of Central Bank Digital Currencies (CBDCs). During her speech at …
Read moreCommerzbank Authorized to Offer Crypto Custody Services
November 15, 2023
German full-service bank, Commerzbank, has received a crypto custody license from local regulators, becoming the first in the country to do so. The license allows the institution to offer crypto …
Read moreSingapore's MAS Launches Five More Industry Pilots for Project Guardian
November 15, 2023
In a concerted effort to drive institutional adoption of digital assets and broaden financial markets capabilities, Singapore's Monetary Authority (MAS) has scaled its asset tokenization projects under the umbrella of …
Read moreOKX, Komainu, and CoinShares Boost Security for Institutional Crypto Trading
November 15, 2023
OKX, a notable crypto exchange, has partnered with Komainu and CoinShares to improve security for segregated institutional crypto trading. The partnership aims to connect institutional traders with top-tier trading platforms …
Read moreHex Trust Gains Full Operating Approval in Dubai as a Crypto Custodian
November 15, 2023
Hex Trust, an institutional crypto asset custodian, has recently received full operational jurisdiction in Dubai. This addition amplifies its existing operational areas which include Hong Kong, Singapore, Vietnam, Italy, and …
Read moreBlockchain.com Raises $110 Million in Latest Funding Round
November 15, 2023
Blockchain.com, a leading crypto exchange, has successfully raised $110 million in a recent Series E funding round. Despite raising considerably funds, the round valued the exchange less than half of …
Read moreXRP Undergoes Ledger Upgrade and Faces SEC Discrepancies Amid Hoax Filing
November 15, 2023
The XRP community saw mixed news as, on one hand, the cryptocurrency's ledger underwent a significant upgrade, with new functionalities and improvements introduced. On the other, XRP faced substantial fluctuations …
Read moreLearn Concept: Consequences and Risks of Large-Scale Thefts in Crypto
November 15, 2023
OverviewIn the realm of digital finance, cryptocurrencies hold considerable potential for a secure and efficient global financial system. However, these currencies are often targeted for illegal activities due to their …
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