In the rapidly evolving world of blockchain technology, Layer-2 (L2) solutions have emerged as critical advancements to address scalability and congestion challenges faced by decentralized networks. These solutions aim to enhance transaction throughput, reduce fees, and improve user experience. In…
Web3: Forbes Journey into The Sandbox and the Evolution of Digital Storytelling
Discover how Forbes, an iconic brand recognized worldwide, is embracing the power of Web3 and transforming its storytelling approach in The Sandbox. In this edition of our Unbox series, we delve into Forbes’ strategic decision to explore Web3 and the…
Coinbase Introduces On-Chain Verification of users to attest their account and country credentials
Coinbase, one of the leading cryptocurrency exchanges in the market. On November 9, Coinbase announced a new feature that allows users to attest their account and country credentials directly on the blockchain. This innovative approach aims to provide users with…
Polygon Labs Launches Grant Program to Foster Ecosystem Growth
Polygon Labs, a prominent Ethereum scaling platform, has recently unveiled an exciting grant program designed to incentivize developers to create innovative applications within its thriving ecosystem. The program aims to support projects spanning various sectors, including decentralized finance (DeFi), gaming,…
Decentralized Finance (DeFi) Platform Raft Recovering from a Devastating Hack of $3.3 million
In recent events, the decentralized finance (DeFi) platform Raft fell victim to a significant hack, resulting in the loss of approximately $3.3 million worth of ether (ETH). This incident has sent shockwaves through the DeFi community, highlighting the vulnerability of…
The World Economic Forum’s Recognition of Crypto.com – Paving the Way for Crypto Mass Adoption
The World Economic Forum (WEF), a prestigious non-profit foundation dedicated to addressing global challenges, has recently made headlines by accepting Crypto.com into its esteemed ranks. This momentous decision signifies a significant step towards the mass adoption of cryptocurrencies in the…
CME Group Surpasses Binance as the World’s Largest Bitcoin Futures Exchange
In a significant shift within the crypto derivatives market, CME Group has overtaken Binance as the top Bitcoin (BTC) futures exchange globally, marking the first time in two years that Binance has been displaced from the throne. With open interest,…
UBS Empowers Wealthy Clients with Access to Crypto ETFs in Hong Kong
UBS Group AG, the renowned Swiss financial services giant, has taken a significant step towards embracing the world of cryptocurrencies. According to a reliable source, UBS has commenced offering its affluent clients in Hong Kong access to a range of…
Midas: Bridging the Gap Between Traditional Finance and Crypto with a Stablecoin Backed by U.S. Treasuries
Midas, a groundbreaking addition to the growing convergence between the world of cryptocurrencies and traditional finance, is set to make waves in the decentralized finance (DeFi) space. With its stUSD token, Midas aims to unleash the power of its stablecoin,…
BlackRock Challenges SEC’s Differential Treatment of Spot-Crypto and Crypto-Futures ETFs
BlackRock, one of the world’s leading asset management firms, has recently taken a stand against the U.S. Securities and Exchange Commission’s (SEC) divergent treatment of spot-crypto and crypto-futures exchange-traded fund (ETF) applications. BlackRock’s latest move involves the planned launch of…