From Broken To Open: Web3 Credential Networks In E-Commerce

Source: Forbes Shopping for products online isn’t always the most personal experience — regardless of our consumer data being monitored, stored, and even manipulated in hopes of delivering just that. While the feeling that our phones are listening to us has been debunked as a myth, it’s no coincidence that what we see on our… Continue reading From Broken To Open: Web3 Credential Networks In E-Commerce

Binance Ends USDC Transactions on TRC20 Network

Source: Blockchain News Binance will stop supporting USDC transactions on the TRC20 network from April 5, 2024, in response to Circle’s policy changes. Binance has announced that it will discontinue support for deposits and withdrawals of USD Coin (USDC) through the Tron (TRC20) network. This decision follows the footsteps of Circle, the issuer of USDC,… Continue reading Binance Ends USDC Transactions on TRC20 Network

Binance Rewards Crypto Literacy with Bitcoin NFTs Knowledge Contest

Source: Blockchain News Binance introduces a Word of the Day game focusing on Bitcoin NFTs, offering 500,000 Binance Points to participants during the Bitcoin Halving celebration. In alignment with the upcoming 2024 Bitcoin Halving event, Binance, the world’s leading cryptocurrency exchange, has launched a unique educational campaign to boost crypto literacy, particularly focusing on Bitcoin… Continue reading Binance Rewards Crypto Literacy with Bitcoin NFTs Knowledge Contest

Layerswap Recovers Domain After Hijack, Restores User Funds After $100,000 Loss

Source: Cryptonews Layerswap, a platform facilitating cryptocurrency transfers between centralized exchanges and layer-2 blockchains, fell victim to a domain hijack incident resulting in a phishing scam that stole roughly $100,000 worth of crypto assets from around 50 users. In a commendable response, Layerswap has pledged to fully refund the stolen funds to affected users. Additionally,… Continue reading Layerswap Recovers Domain After Hijack, Restores User Funds After $100,000 Loss

BlackRock Collaborates with Securitize to Establish Fund for Real-World Asset Tokenization

Source: The Tokenizer CoinDesk reports how BlackRock CEO Larry Fink emphasized the company’s strategic direction in a recent interview, stating that their filings for spot bitcoin and ether ETFs marked “are stepping stones towards tokenization.” This statement underscores BlackRock’s trajectory toward embracing blockchain-based asset representation. The investment management powerhouse, BlackRock (BLK), has introduced a new… Continue reading BlackRock Collaborates with Securitize to Establish Fund for Real-World Asset Tokenization

Decima Fund Secures 4.5 Billion Yen to Bolster Web3 Ventures in Japan

Source: Blockchain News Decima Fund, a specialized Web3 venture fund, announces the successful closure of approximately 4.5 billion Yen in capital to support the global expansion of Japanese Web3 ventures. In a boost to Japan’s emerging Web3 industry, Decima GP Limited has announced the successful closure of a funding round amassing approximately ¥4.5 billion for… Continue reading Decima Fund Secures 4.5 Billion Yen to Bolster Web3 Ventures in Japan

Coinbase expands asset recovery tool to Polygon and BNB Chain

Source: Cointelegraph The cryptocurrency exchange will charge a 5% commission for retrievals above $100. Crypto exchange Coinbase will soon enable users to recover lost assets sent to the platform’s unsupported blockchains, including BNB Chain and Polygon. According to the Feb. 27 announcement, users who sent assets to Coinbase accounts on BNB Chain or Polygon would… Continue reading Coinbase expands asset recovery tool to Polygon and BNB Chain

Published
Categorized as Market News

Crypto, Tokenization, AI Are Priorities for Monitoring, FSB Says Ahead of G20 Meeting

Source: CoinDesk The Financial Stability Board plans to publish a status report on its crypto roadmap and a report on the financial stability implications of tokenization. The FSB said it will continue spearheading crypto policy efforts in 2024. The body plans to release reports on crypto, tokenization and AI, and ensure its global regulatory framework… Continue reading Crypto, Tokenization, AI Are Priorities for Monitoring, FSB Says Ahead of G20 Meeting

Published
Categorized as Market News

Binance Boosts Web3 Wallet with New Features and $1M Airdrop Campaign

Source: Blockchain News Binance enhances its Web3 Wallet with ERC-404 token support, an Inscriptions Marketplace, and announces a $1M airdrop to engage users. Binance, a leading global cryptocurrency exchange, has announced significant upgrades to its Web3 Wallet, introducing an array of new features and integrations that streamline user experience in the decentralized finance (DeFi) space.… Continue reading Binance Boosts Web3 Wallet with New Features and $1M Airdrop Campaign

Published
Categorized as Market News

U.S. Bans Crypto Addresses Tied to LockBit Ransomware Group From Financial System

Source: CoinDesk LockBit hit more than 2,000 different victims, who forked out north of $120 million in payments, according to a DOJ press release. The Office of Foreign Asset Control named two Russian nationals and identified 10 bitcoin and ether addresses after an international operation gained control of the organization’s website. Law enforcement agencies said… Continue reading U.S. Bans Crypto Addresses Tied to LockBit Ransomware Group From Financial System

Published
Categorized as Market News