Ankr Expands Its DePIN Network for Web3 and AI Applications - Industry News - News

Ankr Expands Its DePIN Network for Web3 and AI Applications

Ankr, a leading Web3 infrastructure provider, has announced significant expansion to its Decentralized Physical Infrastructure Network (DePIN) service in order to bolster support for the growing demands of Web3 applications and on-chain ai projects. Through seven new partnerships with Ultra Sound Infrastructure providers, including IoTex, Gateway, Storj, Clover, Tencent Cloud, Mind Heart Soul, and Ankr…

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Robinhood’s assets under custody surpass the $100 Billion mark for the second consecutive month - Industry News - News

Robinhood’s assets under custody surpass the $100 Billion mark for the second consecutive month

Robinhood, the innovative brokerage firm based in Menlo Park, California, has experienced a remarkable growth in Assets Under Custody (AUC), exceeding the $100 billion mark for the second month in a row. In February, AUC expanded by an impressive 16% to reach $118.7 billion, showcasing the company’s exceptional ability to manage its clients’ assets. Analyst…

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Scaramucci questions Grayscale’s Bitcoin Trust plan - African News - News

Scaramucci questions Grayscale’s Bitcoin Trust plan

Grayscale’s Strategic Response to Market Uncertainties: Filing for a Spot Bitcoin ETF Renowned investment figure Anthony Scaramucci, known for his association with the cryptocurrency industry, recently expressed skepticism towards Grayscale Investments’ plan to introduce a “mini bitcoin trust.” In response to these concerns and to maintain competitiveness in the cryptocurrency investment landscape, Grayscale made a…

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Indonesia sets new crypto rules to boost financial sector - African News - News

Indonesia sets new crypto rules to boost financial sector

Indonesia’s Proactive Approach to Cryptocurrency Regulations: A Framework for Balanced Innovation On March 13, 2024, the Financial Services Authority (OJK) of Indonesia announced the upcoming release of new regulations covering cryptocurrencies and digital financial assets. Scheduled to take effect in January 2025, these guidelines mark a significant step for Indonesia’s financial sector, with the OJK…

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Google Unveils AI Gaming Companion: SIMA - Industry News - News

Google Unveils AI Gaming Companion: SIMA

Google’s Groundbreaking Development: Scalable Instructable Multiworld Agent (SIMA) – A New Era of Gaming Companionship Introduction to Google’s Scalable Instructable Multiworld Agent (SIMA) Google has recently announced a groundbreaking development in the gaming industry with its latest creation, the Scalable Instructable Multiworld Agent (SIMA). Based on DeepMind technology, this ai is poised to revolutionize the…

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Court backs Australian fintech firm Finder’s financial compliance - Industry News - News

Court backs Australian fintech firm Finder’s financial compliance

The Australian Federal Court has made a landmark decision in dismissing a lawsuit brought by the Australian Securities and Investments Commission (ASIC) against Finder Wallet, a subsidiary of the renowned Australian fintech firm Finder.com. The court ruling upholds Finder’s compliance with financial laws regarding their yield-bearing product, Finder Earn. Court Upholds Finder’s Compliance: A Landmark…

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New York Stock Exchange (NYSE) proposes listing for 7RCC’s environmentally-conscious Bitcoin ETF - Industry News - News

New York Stock Exchange (NYSE) proposes listing for 7RCC’s environmentally-conscious Bitcoin ETF

7RCC Takes a Leap Forward with Environmentally-Conscious Bitcoin ETF Proposal at NYSE The cryptocurrency landscape is witnessing a noteworthy development as 7RCC, a crypto firm, takes significant steps towards introducing an environmentally-friendly Spot Bitcoin ETF in the United States. The New York Stock Exchange (NYSE) has recently notified the Securities and Exchange Commission (SEC) of…

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South Africa plans to license 60 crypto platforms by month’s end - Industry News - News

South Africa plans to license 60 crypto platforms by month’s end

South Africa: A Pioneer in Licensing Cryptocurrency Platforms Amidst African Continent The African continent is on the brink of witnessing a groundbreaking milestone as South Africa gears up to license approximately 60 cryptocurrency platforms by the end of this month. This regulatory move places the nation at the forefront of requiring cryptocurrency exchanges to secure…

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Solana network grapples with congestions amid security concerns - African News - News

Solana network grapples with congestions amid security concerns

Addressing Challenges on the Solana Blockchain Network: Chain Congestion and Malicious Activity The Solana blockchain network has been experiencing a multitude of challenges recently, primarily due to an influx of user activity. One of the most pressing issues is chain congestion, which has led stakeholders within the Solana ecosystem to consider significant modifications to the…

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Thailand approves tax exemptions for individuals holding crypto - African News - News

Thailand approves tax exemptions for individuals holding crypto

Thailand’s New Tax Breaks for Investment Tokens: Bolstering Fundraising Initiatives and Attracting Investors Thailand’s Government Announces Tax Exemptions for Investment Tokens The recent approval of tax exemptions for investment tokens by Thailand’s cabinet marks a significant step towards boosting fundraising initiatives and solidifying the nation’s position as an attractive investment hub. Effective from January 1,…

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CoinShares enters the US with Valkyrie acquisition completion - African News - News

CoinShares enters the US with Valkyrie acquisition completion

CoinShares Acquires Valkyrie Funds LLC: Expanding Global Reach and Enhancing U.S. Presence in the Digital Asset Market CoinShares, a contact investment firm specializing in digital assets, has officially completed its acquisition of Valkyrie Funds LLC. This strategic move marks an essential milestone for CoinShares as it bolsters its global reach, particularly in the United States…

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Shiba Inu integration with Australian ATMs signals expansion in crypto accessibility - Industry News - News

Shiba Inu integration with Australian ATMs signals expansion in crypto accessibility

A Major Milestone for Shiba Inu: Integration into LocalCoin’s Crypto ATM Network in Australia The integration of Shiba Inu (shib) into the Automated Teller Machine (ATM) network of LocalCoin, a leading cryptocurrency ATM company in Australia, marks an essential milestone for the meme coin. This development underscores the growing trend of increased accessibility and adoption…

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Craig Wright’s Satoshi Claim Under Scrutiny: Ripple CTO Highlights Key Issue - Industry News - News

Craig Wright’s Satoshi Claim Under Scrutiny: Ripple CTO Highlights Key Issue

In a recent development that has added another layer of complexity to the ongoing trial regarding the authentic identity of Bitcoin’s mysterious creator, Satoshi Nakamoto, Ripple CTO David Schwartz has weighed in on the allegations against self-proclaimed Satoshi, Craig Wright. As the legal proceedings inch closer to their conclusion, a formidable coalition of notable cryptocurrency…

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The one common flaw between centralization and decentralization - Industry News - News

The one common flaw between centralization and decentralization

The Surprising Resurgence of Cryptocurrencies: A Mutted Picture of Decentralization In the ever-evolving landscape of decentralized finance, Bitcoin has made an unexpected comeback in 2024. With its value reaching a monumental $73,000, it’s not just the OG cryptocurrency that is basking in the limelight. Ethereum and meme-favorite Dogecoin, among others, are also experiencing their moment…

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Tether collabs with U.S. authorities to recover stolen money - Industry News - News

Tether collabs with U.S. authorities to recover stolen money

Tether’s Groundbreaking Collaboration with U.S. Authorities: Recovering $1.4 Million in USDT from Cyber Criminals – A Modern-Day Detective Story The recent news of U.S. authorities in collaboration with Tether, a leading stablecoin issuer, to recover an impressive $1.4 million stolen USDT tokens marks more than just a headline in the ongoing war against digital theft….

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