Blockchain
QED Protocol Raises $6 Million for Scaling With Bitcoin-powered Tech
PRESS RELEASE HONG KONG, JULY 4, 2024 — QED Protocol, the first zk-native execution layer for powering the Web3 ecosystem emerging on Bitcoin, announced today that it has raised $6 million in a
Blockchain
UAE’s Zand Bank to Offer Crypto Services
Zand Bank, the UAE’s first digital bank, has entered into a strategic partnership with Taurus SA, a global leader in digital asset technology for banks This partnership will cover all aspects
Blockchain
Opera’s Minipay Expands Stablecoin Support: Adds USDC and USDT to Its Digital Wallet
Minipay, an integral feature of the Opera Mini browser, has announced a significant upgrade with the introduction of ‘Pockets’ This new feature now supports USDC and USDT, two of the
Blockchain
Mara Collapse: African Crypto Exchange Burns $16 Million for Salaries and Bonuses
Pan-African crypto exchange Mara reportedly lost approximately $16 million out of the $23 million raised from investors Following the exchange’s collapse, founder and CEO Chinyere Nnadi is said to
Blockchain
Nigerian Student Returns 90 Mistakenly Sent Solana Tokens, Rewarded for Honesty
A crypto influencer recently praised a Nigerian student who agreed to return Solana tokens worth several thousand dollars that were mistakenly sent to his crypto wallet After the influencer revealed
Blockchain
Mexican Startup Kavak Issues Tokenized Debt to Invest in Brazil’s Used Car Business
Kavak, one of the largest Latam-based startups in the used car business, has issued tokenized debt to invest in the Brazilian car market According to local sources, the company has already tokenized
Blockchain
CFTC Wins Case Against Crypto Fund Operators
The US Commodity Futures Trading Commission (CFTC) filed a case against Sam Ikkurty, Ravishankar Avadhanam, and Jafia LLC for civil violations of the Commodity Exchange Act (CEA), specifically
Blockchain
Russian Central Bank Suggests Using Crypto to Counter Western Sanctions
Russia’s central bank has urged businesses to consider various payment solutions, including cryptocurrencies and digital assets, to manage transactions with foreign partners and counter Western
Blockchain
EU–US Financial Forum Highlights Cooperation on Crypto Regulation
The EU–US Joint Financial Regulatory Forum took place last week, with participants exchanging views on topics of mutual interest as part of their regular financial regulatory dialogue The dialogue
Blockchain
Binance US Confident in Legal Battle Against SEC as Case Moves Forward
Binance US responded to the court’s decision to allow the SEC lawsuit to proceed, expressing confidence in its position and criticizing the SEC’s regulatory approach “We remain
Blockchain
South African Regulator Investigates 30 Cases of Unlicensed Crypto Operations
The Enforcement Division within South Africa’s Financial Sector Conduct Authority (FSCA) has formed a team to investigate individuals or entities operating crypto financial services without
Blockchain
Nigerian Central Bank Warns Financial Institutions Against Rejecting Old or Lower Denomination US Dollars
The Central Bank of Nigeria warned local financial institutions against rejecting older or lower-denomination US dollar banknotes The apex bank said it will take strong action against financial