Abu Dhabi Plans $1 billion for Blockchain and Web3 Startups

Abu Dhabi’s Venom Foundation and Iceberg Capital plan to invest $1 billion in Web3 and blockchain technology firms through a new partnership. The Venom Ventures Fund plans to invest in various decentralized applications (DApps) and protocols that focus on areas…

Reserve Bank of India(RBI) Governor Mr.Das says Crypto must be banned and compares it to gambling

RBI (Central Bank) has been playing the ban game for a while and ruling against its citizens to have control over the Indian currency. They have gone to the extent of not allowing fiat to crypto transfer and even taxing…

Mr. Wonderful Says Binance and FTX Were at War

Kevin O’Leary, a popular Canadian businessman, said that Binance is at fault for the collapse of FTX. This was part of Kevin’s statement when he appeared to testify at a Dec 14 US Senate Committee hearing about FTX’s implosion. Below…

Cardano Advances Blockchain Technology with Two New Innovations

Charles Hoskinson’s Cardano, a blockchain platform known for its emphasis on security, scalability, and sustainability, is introducing two new innovations that are expected to advance the platform’s capabilities. Cardano’s New Price Index The first innovation is CIP-1694, a mechanism for…

India’s Finance Minister Questions the Blockchain’s Suitability For Use In Tradeable Assets

Nirmala Sitharaman, India’s finance minister, is uncertain about the application of blockchain technology for tradable assets. The nation is advancing its digital rupee CBDC while also exploring international regulatory collaboration. Sitharaman expressed this sentiment while on a visit in the…

UK Electronic Bill Hints Use of Blockchain

On Oct 12, the United Kingdom’s House of Lords approved a bill that could potentially use blockchain technology to store trading documents. According to the government’s press release, the  Electronic Trade Document Bill has the following goals: The Bill will…

October Already the Biggest Month In Crypto Hacks According to Chainalysis

According to Chainalysis, 2022 could “definitely” break the record, even though 2021 was the greatest year ever for cryptocurrency breaches.  $718 Million Stolen In October According to Chainalysis, the overall worth of the hacks in October 2022 was close to…

Blockchain Animated Comedy by Fox to sell NFTs while Sony seeking Patent for Bitcoin-led eSports Gambling

World of crypto is experiencing next level innovative initiatives at a rapid phase. With an ever expanding market most organizations which introduce these are very much optimistic about their initiatives. Two of such initiatives which have been making news in…

All About NFT token- What are NFT , How does NFT token work, How to Trade NFT and Where to buy NFT?

Non-fungible tokens (NFTs) are a special type of token that represents a unique asset. These crypto assets are indivisible and unique, making them non interchangeable while these also creates digital scarcity. NFTs initially launched on Ethereum, using the ERC-721 token standard,…

Blockchain-based Installments Firm Ripple Labs has Now Been Registered in Wyoming

As indicated by records from the Wyoming Secretary of State, Ripple Markets WY LLC’s status as a nearby business is recorded as “dynamic” after an initial documenting in February 2020. As a limited liability organization in Wyoming, Ripples’s enrolled specialist…