News
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Laos Government Embraces Blockchain Technology for Digital Transformation
- June 1, 2023
- Posted by: [email protected]
- Category:
No CommentsThe inaugural Ministerial Conference on Blockchain 4.0 and Digital Transformation in Vientiane provided a huge boost to Laos’ commitment to digital transformation. The summit, led by Prime Minister Sonexay Siphandone, brought together blockchain experts and officials from key economic sectors in the country. The event, conducted in conjunction with MetaBank, was intended to accelerate Laos’
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Binance and Gulf Innova Set to Launch Thai Crypto Exchange in Q4 2023
- May 31, 2023
- Posted by: [email protected]
- Category:
Binance and its partner in Thailand, Gulf Innova, have obtained licenses to operate a digital asset exchange in Thailand, signaling Binance’s continued global expansion. Gulf Binance, a collaborative effort between Binance and Gulf Energy’s innovation arm Gulf Innova, has been granted digital asset operator licenses by Thailand’s Ministry of Finance. These licenses authorize the firm
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Binance Suspends Multichain Token Deposits Amid Transaction Delays
- May 31, 2023
- Posted by: [email protected]
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Binance has temporarily suspended deposits for certain bridged tokens as it seeks clarity from the Multichain team over the ongoing delays in transactions across various cross-chain bridges. This suspension comes after a series of stuck transactions, causing uncertainty surrounding the Multichain (MULTI) protocol. Transactions across multiple cross-chain bridges have experienced delays, prompting concerns among users.
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CertiK uncovers $1.1 million in exploitation of the DeFi Protocol WDZD Swap
- May 30, 2023
- Posted by: [email protected]
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According to a report by CertiK, a blockchain security firm, the DeFi protocol WDZD Swap was recently exploited, resulting in a loss of $1.1 million worth of Binance-pegged Ethereum. On May 19, nine fraudulent transactions siphoned 609 Binance-pegged ETH from a contract affiliated with the WDZD project. WDZD Swap is a decentralized finance project running
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Meta’s new Megabyte system overcomes the major obstacles for GPTs
- May 30, 2023
- Posted by: [email protected]
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Researchers at Meta AI have potentially found a solution to the “tokenization” problem in GPT models. Meta AI recently released a pre-print research paper introducing the “Megabyte” framework, a ground-breaking approach to building generative pre-trained transformer (GPT) systems. Andrej Karpathy, a renowned AI scientist who previously worked for Tesla, has called this architecture “promising.” Megabyte’s
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Bitcoin surpasses Solana and ranks as the second most popular NFT blockchain
- May 29, 2023
- Posted by: [email protected]
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According to CryptoSlam data, the hype around meme coin trading on the Bitcoin blockchain is fueling the rise of the NFT market, with trading volume surpassing that of Solana in May. Although Ethereum continues to lead in NFT volume, Bitcoin’s ordinals trading volume ranked second with a significant lead over popular blockchains like Polygon, ImmutableX, BNB
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NFTrade enables cross-chain purchases across multiple networks
- May 29, 2023
- Posted by: [email protected]
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NFTrade, a popular marketplace for nonfungible tokens (NFTs), has introduced a ground-breaking feature that enables cross-chain purchases on multiple networks, including Ethereum, Polygon, Avalanche, and BNB Chain. This new feature allows collectors to purchase items on one network while making payments on another network, giving users more flexibility and accessibility. As announced on May 23,
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Global securities regulator IOSCO calls for standard crypto regulations
- May 28, 2023
- Posted by: [email protected]
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The International Organization of Securities Commissions (IOSCO) has urged regulators worldwide to assess the suitability and effectiveness of their regulatory frameworks for cryptocurrencies and determine whether they can serve as substitutes for regulated financial instruments. IOSCO, founded in 1983, is a global institution responsible for regulating securities and futures markets globally. Its Board of Directors,
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Coinbase’s Base Network Reveals the Mainnet Launch Roadmap
- May 28, 2023
- Posted by: [email protected]
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Coinbase’s Base network is getting ready to deploy its mainnet, following a roadmap outlined in a blog post titled “Path to Mainnet.” The roadmap includes five criteria that need to be met before the network can launch, although no specific dates are provided. Two criteria have already been fulfilled, while three remain outstanding. The Base
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ZA Bank to launch a digital asset retail trading in Hong Kong under new guidelines
- May 27, 2023
- Posted by: [email protected]
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ZA Bank, a Hong Kong-based financial institution, has unveiled its plans to introduce retail virtual asset trading in the region as part of its diversification strategy. The announcement came on May 24, immediately following the release of new guidelines by the Hong Kong Securities and Futures Commission (SFC) indicating their acceptance of retail virtual asset