Dominica And Huobi Jointly Launch Digital Identity Program As Major Crypto Firms Eye the Caribbean

Cryptocurrency exchange Huobi has teamed up with the Commonwealth of Dominica to launch a digital identification and national token service that promises the West Indian island nation’s digital citizenship. Metaverse and Web3 In the Caribbean Dominica, which is not to…

Fiat-backed and Regulatory-Compliant Stablecoin to be Built on the Cardano Network.

Emurgo, the official commercial arm of Cardano, is set to release USDA, a fiat-backed and regulatory-compliant stablecoin by the first quarter of 2023. The USDA stablecoin is intended to protect users from crypto market volatility by pegging the token to…

Mastercard launches Crypto Secure to assist banks to determine the risk of crime associated with crypto exchanges

MasterCard, the payment network giant, has launched a first-of-its-kind technology solution named Crypto Secure.  It is designed to bring security and trust to the crypto and digital ecosystem. It aims to bring a new level of trust to crypto purchases…

McDonald’s to accept Bitcoin in Switzerland

McDonald’s, the world’s largest fast-food chain and one of the best-known brand names is among the first to participate in a crypto-friendly experiment in the town of Lugano in Switzerland.  Lugano announced in March of 2022, that it will start…

Blockchain, Ledger partnership project: a breakthrough for Crypto traders

  Blockchain, the technology firm underpinning Bitcoin is partnering with hardware wallet maker Ledger to launch its first ever hardware wallet. While broadcasting the move on Thursday, blockchain said it has partnered with the French-based hardware wallet to produce Lockbox,…

SEC Files Charges Bermuda and Canada based firm’s in a Crypto Asset Pump-And-Dump Scheme

In 2017, Arbitrade Ltd., a Bermudan company, and Cryptobontix Inc., a Canadian company offered a new type of crypto token which could make gold easy to own. With a few clicks of your smartphone, you could own gold without the…

Thailand: calls for strict regulations intensify as crypto fraud thrives

At a time where crypto regulators are burning the midnight oil in efforts to seal loopholes in the market, fraudsters are reported to be migrating to jurisdictions where rules governing the space are either conspicuously inconsistent or non-existent at all.…

Weekly Market Report for EOS (EOS), Monero (XMR), and TRON (TRX)

The latest crypto bull run is still alive as the majority of cryptocurrencies is going through increases, with occasional drops on a daily or weekly basis as is the case with Bitcoin. Bitcoin dropped from the value of 19,000$ to…

PWC: Blockchain Technology could Add $1.7 Trillion to the Global Economy by 2030

A new PWC report shows that Blockchain technology has the potential to boost global GDP by $1.76 trillion over the next ten years. The technology which is now catching on fast despite being earlier dismissed has the potential to generate…

Cardano Foundation Lays Out Plans for a Self-sustaining Community

Cardano’s Elliot Hill outlined in an article their plans for fostering community participation in the Cardano (ADA) eco system. Cardano sits twelfth on the log in the market cap table according to coinmarketcap.com and has a community of enthusiasts it…