Monthly archives: September 2024

Soneium, an Ethereum Layer-2 network, has joined Chainlink’s Scale program, according to a Sept. 12 statement shared with CryptoSlate. This move grants the blockchain network’s Minato Testnet access to Chainlink’s Data Feeds and also makes the Oracle network’s Cross-Chain Interoperability Protocol (CCIP) services its canonical cross-chain infrastructure. Chainlink’s Data Feeds provide decentralized off-chain data to …

Continue reading “Soneium integrates with Chainlink to advance its capabilities”

Stablecoins have transformed financial access in emerging markets, becoming essential tools for millions seeking stability in volatile economies, according to a recent research report. The report, Stablecoins: The Emerging Market Story, was sponsored by Visa and developed in collaboration with Allium Labs and Castle Island Ventures. It revealed that stablecoins have evolved from niche crypto …

Continue reading “Stablecoins redefine financial access in emerging markets, report finds”

Zano blockchain partnered with Confidential Layer to enable secure and private transactions across different blockchains. This allows users to keep their original assets (like ether or bitcoin) while adding Zano’s strong privacy features. Both the Zano and Confidential Layer teams see this as a significant step towards a digital economy where users have control over …

Continue reading “Zano and Confidential Layer Partner for Secure, Private Cross-Chain Transactions”

Fintech startups face significant challenges when expanding to Kenya, primarily due to the lengthy and complex process of obtaining an operating license. Obtaining a payment service provider (PSP) license can take up to two years, forcing startups to rely on workarounds such as partnerships with established players like telcos and banks. High market entry barriers …

Continue reading “Lengthy Licensing Stumps Kenyan Fintech Startups”

A two-day pan-African AI conference was held in Lagos, Nigeria, co-hosted by the United States. The conference aimed to promote safe, secure, and trustworthy AI systems in Africa, with hundreds of attendees from various fields. U.S. Deputy Secretary of State Kurt Campbell emphasized the importance of collaboration between the U.S. and Africa in AI development …

Continue reading “US and Africa Urged to Collaborate on AI Development”

Nubank, one of the biggest neobanks in Latan, announced on Tuesday that it would terminate the trading of its nucoin cryptocurrency as it turns to use it as part of an internal rewards and benefits program for its clients. Users will have the choice of exchanging it for bitcoin or stablecoins before December 9. Nubank …

Continue reading “Latam’s Fintech Giant Nubank Ends Nucoin Trading”

Coinbase has unveiled Coinbase Wrapped Bitcoin (cbBTC), giving users a gateway to decentralized finance (defi) apps on Ethereum and Base, using bitcoin (BTC). The cbBTC token is essentially a wrapped version of bitcoin, fully backed by BTC held in Coinbase’s custody. Coinbase Wrapped Bitcoin Opens New Defi Opportunities According to the San Francisco-based crypto exchange, …

Continue reading “Coinbase Launches Wrapped Bitcoin for Ethereum and Base Networks”

The Brazilian Federal Police dismantled an operation that used crypto to launder money from criminal sources, sending it abroad. Operation Niflheim involved the issuance of eight arrest warrants and 19 search and seizure orders against these groups that operated in Caxias do Sul, Sao Paulo, Fortaleza, and Brasilia. The criminals laundered over $9 billion since …

Continue reading “Operation Niflheim: Brazilian Authorities Crack Down on $9.7 Billion Crypto Money Laundering Rings”

For many years, blockchain gaming remained in the foregrounds of other Web3 novelties, until in 2024 its potential was finally recognised.  To explain the reasons behind success, the article carries out a retrospective journey to the roots of GameFi, unveils play-to-earn concept, highlights key milestones of a formerly niche sector.  CryptoKitties and Axie Infinity: How …

Continue reading “How TON turned the tide for blockchain gaming in 2024”

In a recent SlateCast episode, Noelle Acheson, author of the “Crypto Is Macro Now” newsletter, joined host Liam “Akiba” Wright and CryptoSlate CEO Nate Whitehill to discuss the growing influence of cryptocurrency on global macroeconomics and financial systems. Crypto’s Impact on Monetary Policy Acheson emphasized that crypto, particularly Bitcoin and stablecoins, is increasingly affecting monetary …

Continue reading “Bitcoin and stablecoins will reshape global monetary policy, says Noelle Acheson”