Users are now able to move US Dollar Coin (USDC) between Ethereum and Avalanche thanks to the implementation of a new mainnet protocol by Circle, the company that created the US Dollar Coin (USDC). The Cross-Chain Transfer Protocol (CCTP), which was introduced recently, this intends to lessen the amount of fragmentation that exists within the

The latest version of the Opera browser, Opera One, now includes a new generative AI integration known as AI Prompt. This in-browser AI feature provides users with contextual prompts for web pages or highlighted text. According to Opera, the AI-enhanced version of Opera One will automatically enable the AI features for all users. The browser

In  a recent motion filed to dismiss the charges leveled against him by the Securities and Exchange Commission (SEC), Do Kwon, co-founder and CEO of Terraform Labs, argued that the claims are invalid and that the SEC lacked proper jurisdiction to bring charges against him and his company. Kwon’s counsel stated that the tokens and

Emerging technologies such as blockchain are changing the way we interact with the digital world, and the potential impact on human consciousness is a topic of growing interest among thought leaders both inside and outside of the tech industry. On April 25, the reState Foundation hosted a virtual talk on this subject, featuring Vitalik Buterin,

Visa, a leading global payment corporation, has announced its latest initiative focused on stablecoin payments. This move is part of the company’s ongoing exploration of the potential benefits of the cryptocurrency industry. Visa’s latest cryptocurrency-related endeavor was unveiled by Cuy Sheffield, the company’s head of crypto, via Twitter on April 24th. Visa made the announcement.

Christy Goldsmith Romero, a commissioner of the US Commodity Futures Trading Commission (CFTC), has called for reduced anonymity for cryptocurrencies. Speaking at the City Week 2023 conference in London on Romero emphasized the need to manage the risks associated with digital assets. She believes that anonymity is the primary feature that makes cryptocurrencies appealing to

Genesis Capital’s Settlement Disrupted by Creditors Genesis Capital, a troubled digital currency company, has hit another roadblock in its settlement process, just two months after reaching an initial agreement with creditors. The company’s parent firm, Digital Currency Group (DCG), has issued a statement on Twitter announcing that Genesis has filed a motion for mediation due

Romania’s National Institute for Research and Development in Informatics (ICI Bucharest) has set its sights on driving Web3 adoption in the country with the launch of its very own institutional NFT trading platform, ICI D|Services. This platform is set to go live on April 26, and aims to bridge the gap between private and public

In a recent incident, the official Twitter account of the cryptocurrency exchange KuCoin was compromised by hackers, resulting in the loss of funds for some users who fell victim to a fake giveaway event. According to KuCoin, the hack lasted for almost an hour on April 24, 8 AM ET. During this time, the attackers

Explore a brief history of digital banking, tracing its evolution from early automation to the integration of new technologies, such as IoT and blockchain.digital banking, also known as online banking or e-banking, refers to the delivery of financial services through digital channels such as the internet, mobile devices and automated teller machines (ATMs). Digital banking

The World Economic Forum (WEF) recently shared a video promoting the efforts of Crusoe Energy Systems, a Colorado-based cryptocurrency mining firm that has been recognized for its eco-friendly practices. The video focuses on Crusoe’s innovative approach to reducing flaring, a process where large amounts of gas are wasted during oil production or from decomposition. In

Hydrogen Technology Corporation, a firm accused of manipulating the price of cryptocurrencies, has settled a seven-month-long lawsuit with the Securities and Exchange Commission (SEC) for $2.8 million. The SEC had filed a complaint against Hydrogen and its former CEO, Michael Ross Kane, in September, alleging that they manipulated the volume and price of the firm’s

The Bank of Korea (BoK) has been granted increased power to investigate cryptocurrency service providers and issuers, as discussions on virtual asset legislation continue in South Korea. According to a report by The Korea Herald, the BoK will now have the right to scrutinize cryptocurrency-related businesses and request transaction data from digital currency operators. The

TikTok, the popular social media platform, has become a go-to source of information for many young people today. However, a recent study conducted by daapGamble reveals that over one-third of cryptocurrency influencers on TikTok are sharing unvetted misinformation about Bitcoin and other cryptocurrency investments. Many of these influencers are promoting crypto investments without properly warning

Gemini, the US-based cryptocurrency exchange, has announced the launch of a derivatives platform outside the United States. The new platform, called Gemini Foundation, will provide services to customers based in over 30 countries, including Singapore, Hong Kong, India, Argentina, Bahamas, Bermuda, and the British Virgin Islands, among others. This move is seen as a response

The Reserve Bank of Zimbabwe (RBZ) plans to introduce a gold-backed digital currency as legal tender to help stabilize the local currency, the Zim dollar. The tokens will be a form of electronic money backed by the country’s gold reserves, which will be held by the central bank. RBZ wants people holding Zim dollars to

As a new development in the ongoing court action involving crypto millionaire Sam Bankman-Fried, his legal team has asked for a third extension on the execution of his updated bail terms. This information was revealed in a new legal filing. The petition was submitted to the court on April 19 in a file that was

The popular cryptocurrency wallet known as Trust Wallet has acknowledged that it had a security weakness that resulted in the loss of over $170,000 for some of its customers. The firm has said that the vulnerability has been fixed, and that it has sent notifications to all of the people who were impacted. The Trust

Changshu, a city located in the Jiangsu Province of China, has issued a notice stating that all civil servants in its jurisdiction will be paid their full salaries in digital RMB or digital yuan from May 2023. This means that civil servants, including public service personnel, public institution personnel, and personnel of state-owned units at

The decentralized finance (DeFi) sector has been booming in recent years, with a plethora of new projects and services popping up every day. However, with its rapid growth comes increased scrutiny from regulators, and the United States Treasury recently conducted a risk assessment of the sector to identify potential risks and areas where it may

The Solana Foundation has launched a real-time tracking dashboard to measure carbon emissions on its blockchain. The foundation collaborated with data platform Trycarbonara to create the dashboard, which is the first “major smart-contract blockchain” to measure carbon emissions in real-time. This marks an important step towards promoting transparency and accountability in the blockchain industry. The

OPNX, a new exchange founded jointly by members of the Three Arrows Capital (3AC) and Coinflex teams, has revealed the venture capital firms that are backing the project. The announcement came in the form of a video posted by the company on April 21, in which CEO Leslie Lamb thanked some of the major backers

Binance executive Patrick Hillmann recently took to Twitter to accuse former FTX CEO Sam Bankman-Fried, also known as SBF, of spreading “fake rumors” about Binance CEO Changpeng “CZ” Zhao. Hillmann claimed that Bankman-Fried used his influence to label Zhao as an “evil Chinese” in an attempt to perpetuate his alleged scams at FTX. The public

The European Union (EU) has made history by introducing the world’s first comprehensive crypto law. Lawmakers in the EU voted 517-38 in favor of the Markets in Crypto-Assets (MiCA) licensing regime, with 18 abstentions. The new law requires crypto wallet providers and exchanges to seek a license to operate across the bloc, and issuers of

Jeremy Sheridan, a former assistant director of the United States Secret Service Office of Investigations, has warned of the potential risks to FTX customers if their personal information is made public. In an April 20th declaration, Sheridan supported a motion from the debtors of FTX, a failed cryptocurrency exchange, to withhold the confidential information of

The digital currency trading platform Bitget has made public the news that it has been officially registered as a service provider in Lithuania. Because the company in Seychelles has satisfied the compliance criteria set out by the local rules and regulations, it is now authorized to do business in the European nation. The digital asset

BlockFi, a leading lender of digital assets, filed for bankruptcy in November 2022, and has been granted an extension until May 15 to submit an exit plan, according to a New Jersey bankruptcy judge. The crypto firm is exploring a potential sale of company assets or the possibility of getting an outside backer to support

Alex Pertsev, the developer behind the popular crypto mixing service Tornado Cash, is set to be released from prison after nearly nine months of detention. Pertsev was arrested by Dutch authorities in August last year on suspicion of being involved in money laundering through Tornado Cash, which had dozens of its addresses placed on the

Radix, a layer-1 protocol, has formed a partnership with LayerZero, an interoperability protocol, with the goal of improving Web3’s compatibility with other protocols. As a result of the integration, cross-chain communication and asset transfers will be made possible inside the Radix ecosystem, which will encourage the cooperation and integration of decentralized apps. (DApps). Users and