Worldcoin executives recently engaged in discussions with key Malaysian officials, aiming to address ongoing privacy concerns and regulatory challenges. The meeting, facilitated by the Malaysia Digital Economy Corporation, emphasized the potential collaboration opportunities between Worldcoin and Malaysia. This meeting comes at a crucial time when the protection of user data and privacy is a growing
Blockchain
In a strategic move to expand its user base and enhance its mobile platform, Solana’s leading decentralized exchange (DEX) aggregator, Jupiter, announced the acquisition of Ultimate Wallet and its mobile team on April 23. This acquisition marks a significant milestone for Jupiter as it gears up for the launch of its new mobile initiative. Jupiter’s
Over the weekend, celebrity poker player Antanas ‘Tony G’ Guoga managed to secure a massive win on the CoinPoker website. The high-stakes game, part of the Crypto Series of Poker (CSOP), featured a pot worth just over $300,000. This event, with $1 million in prize money available across 41 tournaments, attracted high-rolling players looking to
South Africa’s Financial Sector Conduct Authority (FSCA) has been making significant strides in the regulation of the cryptocurrency market in the country. With the confirmation that 75 institutions have been granted crypto licenses, the landscape of crypto asset service providers (CASPs) is evolving rapidly. The FSCA issues CASP licenses under the Financial Advisory and Intermediary
Tether, the world’s leading stablecoin issuer, has recently made a significant move by integrating with The Open Network (TON). Since the integration on April 19th, Tether has already issued $60 million worth of USDT on TON, making it the 11th blockchain to host Tether. This collaboration has opened up new opportunities for users and expanded
In a significant development towards the advancement of China’s central bank digital currency (CBDC), the e-CNY Research Institute has been recently inaugurated. The institute was unveiled at the “2024 Second e-CNY Industry Sustainable Development Seminar” in Suzhou, marking a crucial milestone in the digital currency industry. The e-CNY Research Institute is set to function as
The launch of Omni Network’s OMNI token on April 17 was highly anticipated by early test network users, developers, and community participants. The airdrop of 3 million OMNI tokens, constituting 3% of the total token supply, initially attracted considerable attention. However, the event was overshadowed by fraudulent activity involving a fake OMNI token. Despite the
Ethena, a stablecoin with a market cap of over $2.3 billion, emerged in late February and quickly gained popularity as the fastest-growing stablecoin in history. One of its key selling points is its ability to generate yield for holders, unlike other stablecoins where profits are kept by issuers. However, this unique feature also introduces a
Railgun has recently come under scrutiny for allegedly being connected with North Korea’s Lazarus Group and their illicit activities. However, Railgun has publicly denied any association with the sanctioned group, stating that their system rigorously blocks any sanctioned or malicious users from accessing their services. The claims made against Railgun have been dismissed as unfounded.
Bitcoin Depot, the largest Bitcoin ATM operator in the United States, has showcased remarkable resilience in the face of highly volatile cryptocurrency prices. Despite the rollercoaster ride of Bitcoin prices in 2023, the company reported revenues of $689 million, showcasing no significant correlation with the price fluctuations of Bitcoin. The ability to maintain steady revenues
