Binance is pursuing Thailand as the next location for crypto exchange expansion

Working as one of the world’s largest cryptocurrency exchange platforms, Binance is all set to mark its strong presence in Thailand with a strategic collaboration with Gulf Energy Development PCL. The integration will play a significant role in reinstating its powerful cluster of crypto tools and services for Thailand’s native crypto investors through its upcoming …

Central Bank of Malaysia Probes Into CBDC Research

Malaysia has emerged as the latest country to join the list of the countries looking forward to exploring the virtual currency space with a government-regulated CBDC project. The constant surge in the popularity of cryptocurrencies has made financial regulators and governments from across the globe give serious thought to a project that is a perfect …

OpenSea Surpasses $3.5B in Monthly Trading Volume with NFT Craze

Considering the whopping success of Non-Fungible Tokens since the start of 2022, it won’t be wrong to say that NFTs will soon emerge as the undisputed leader of the investment sector. The growing craze in digital collectibles has given a huge push to the business houses and firms involved in NFT trading like the globally-acclaimed …

Decoding VeChain Thor: Evolution of VeChain

VeChain is a blockchain-based innovation that may be used to help with a wide range of commercial tasks. VeChain, known for its blockchain-based supply chain management services, monitors each level of the chain to ensure that quality and compliance criteria are fulfilled. It tracks every step of the process using physical tracking sensors. Because records …

The Australian Open makes its way into the Metaverse

Working as the prime Australian governing entity for tennis in the country, Tennis Australia has entered into a strategic partnership with Decentraland to host the Australian Open in the Metaverse space. The collaboration will unfold the magic of the virtual world of a metaverse in supporting the first-ever tennis grand slam for the users. The …

Uruguay to install a Bitcoin ATM

The crypto investors in Uruguay are all set to enjoy seamless access to their favorite crypto asset, Bitcoin with the recently installed Bitcoin (BTC) ATM project. Created as part of a strategic partnership venture between two local companies of Uruguay, URUBit, and inBierto, the Bitcoin ATM is unveiled in the popular coastal city of Punta …

Hong Kong talks about establishing a stablecoin regulatory framework

With investors flocking towards cryptocurrencies sidelining the traditional investment options, the government authorities are compelled to chalk out a regulatory framework for the industry. The latest news in this regard is coming from Hong Kong where the country’s central bank, the Hong Kong Monetary Authority (HKMA) has presented a questionnaire for the public to share …

Nifty Gateway vs. Rarible vs. OpenSea vs. Mintable

With the sale of Beeple’s $69 Million Christie Art Auction in March 2021, Non Fungible Tokens (NFTs) have been on the increase. People’s attention and curiosity have been sparked by the high resale value of ‘digital art.’ NFTs have gained popularity since they are not associated with the banned term ‘crypto.’ It appeals to a …

Decoding the tokenization in real estate

Real estate tokenization is a new concept collaborating blockchain technology and real estate investing. Tokenization enables asset or fund owners to generate funds more effectively and provides investors with unprecedented access to private real estate assets, transparency, and liquidity. Enterprises frequently use encryption to safeguard data at rest. However, while encryption is an acceptable means …

7 Techniques That Credit Repair Companies Use to Fix Your Credit Score

Your credit score is a three-digit number that lenders and credit card companies use to determine how likely you will repay your loans. It’s an essential piece of information for them because it helps them decide whether they want to lend you money or give you a line of credit, such as a mortgage. If …

BLOCKCHAIN TECHNOLOGY AND IT’S ENVIRONMENTAL IMPACT ON OUR WORLD

The blockchain is unarguably one of the most innovative technologies of recent times which don’t seem to be anywhere near its full potential just yet.  The possibilities seem endless and the technology is one that can only gain more grounds with further development. In its current state of infancy, many countries (including but not limited …

The creator of Second Life to reclaim space in the Metaverse

The proud creator of Linden Labs’ insanely iconic virtual projects Second Life, Philip Rosedale is all set to return to his roots as a strategic advisor for the team to help them explore the Metaverse kingdom. Founded in 2003, Second Life shines as one of the earliest ventures in the field of virtual space that …

Tinkoff’s Parent Firm Acquires Aximetria To Support Expansion

Russia’s renowned banking entity Tinkoff’s parent company, TCS Group Holding has acquired a majority share in Aximetria, a Swiss-based cryptocurrency startup firm. With this investment, TCS Group is gearing up for its big sweep into the digital currency space that is fast gaining pace in the global economic canvas. The company has purchased the shares …

Axis Bank Performs First Domestic Trade Transaction on SLDE

Working as the third-largest private sector banking entity in India, Axis Bank has successfully processed the industry-first blockchain transaction on Secured Logistics Document Exchange (SLDE) ecosystem. The highly-anticipated Domestic Trade Transaction was executed with Arcelor Mittal Nippon Steel India (AM/NS India) and Lalit Pipes & Pipes Ltd. (LPPL) on SLDE’s government-supported decentralized exchange platform. With …

Hong Kong Monetary Authority Reveals Regulatory Plans For Stablecoins

Considering the growing popularity and craze for stablecoins in the global finance space, Hong Kong’s central bank, the Hong Kong Monetary Authority has shared plans for regulating the industry. On Wednesday, the banking authority released a discussion paper concerning cryptocurrencies and stablecoins. The paper highlighted various crucial pointers on strategies to be adopted by the …

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