Sweden’s Riksbank ends its e-Krona pilot project, highlighting the development of offline payment technologies such as “shadow wallets” and payment cards. Amid the global race to digitize national currencies, the Riksbank, Sweden’s central bank, has concluded its e-Krona pilot project, issuing a comprehensive report detailing its findings on the offline functionality and how it can … Read more
Bitget Wallet reaches a remarkable 20 million users, becoming the fourth largest Web3 wallet globally, with its unique offerings and strategic innovations. In a remarkable advancement in the blockchain sector, Bitget Wallet has reached a new zenith, accumulating over 20 million users worldwide. This significant user base cements Bitget Wallet’s status as the fourth largest … Read more
Binance must provide Nigerian user data to EFCC as Nigeria’s Supreme Court cites money laundering risks, highlighting crypto’s impact on naira stability. The Nigerian High Court has ordered Binance Holdings, one of the world’s largest cryptocurrency exchanges by trading volume, to provide the Economic and Financial Crimes Commission (EFCC) with detailed transaction records of Nigerian … Read more
The SEC has delayed its ruling on Hashdex and Ark 21Shares’ spot Ethereum ETF applications until May 2024, signaling a cautious approach to crypto ETFs. The US Securities and Exchange Commission (SEC) has again extended the deadline for its decision on spot Ethereum exchange-traded funds (ETFs) offered by Hashdex and Ark 21Shares. The regulator has … Read more
The European Union is closely monitoring AliExpress and LinkedIn’s compliance with the Digital Services Act at the same time as parliamentary approval of the Artificial Intelligence Act. At one point, two important developments emerged for the digital landscape in Europe. The European Union has launched an investigation into whether e-commerce platform AliExpress and professional networking … Read more
Galaxy Asset Management hits a new high with more than $10 billion in assets under management, reflecting robust institutional interest in digital assets. Galaxy Asset Management (GAM), a leading digital asset firm, has announced a major milestone with its assets under management (AUM) surpassing the $10 billion mark. This achievement highlights the growing institutional interest … Read more
As AI transforms digital commerce, transparency and proactive privacy measures become key to balancing innovation with consumer trust and safety. The integration of artificial intelligence (AI) into digital commerce is revolutionizing the way businesses interact with consumers. However, as AI systems become more complex, concerns about transparency, privacy and accountability take center stage. Ensuring consumer … Read more
Mumbai-based Yotta Data Services has empowered India’s technology landscape by acquiring Nvidia’s AI chips, a move designed to democratize AI solutions for local businesses and startups. Mumbai-based Yotta Data Services has announced the acquisition of state-of-the-art AI chips from Nvidia. This strategic procurement signals a significant leap forward for the country’s ambitions in the global … Read more
Sygnum Bank breaks new ground by tokenizing USD 50 million of Matter Labs’ government reserves into the Fidelity Institutional Liquidity Fund, enhancing the synergy between traditional finance and crypto. Sygnum, a prominent digital asset banking group, has announced the tokenization of $50 million of Matter Labs’ treasury reserves. This strategic initiative was facilitated by an … Read more
Trezor’s official channels were breached, inadvertently advertising a pre-sale of a scam token “$TRZR”, raising concerns about social media security. Trezor, a leading hardware wallet maker, recently found itself at the center of a security incident that once again highlighted the vulnerabilities associated with social media platforms. According to reports from independent blockchain researcher ZachXBT … Read more