Day: October 16, 2023

Honda To Accept 3rd Party Payments for Vehicles

The reports suggesting that Honda accepts cryptocurrency as payment are incorrect, as clarified by a Honda spokesperson. Honda does not currently allow the purchase of its vehicles using cryptocurrency, and they have not made any official announcements regarding a change in this policy. They did not provide additional information on their stance on cryptocurrency or […]

SK Telecom Ventures into Metaverse with New Digital Currency

South Korea’s telecommunications behemoth, SK Telecom, is delving deeper into the metaverse Ifland, introducing a digital currency to enhance user engagement. SK Telecom, which boasts a clientele of over 30 million, unveiled on Monday, Oct. 16, 2023, the integration of an economic framework into its metaverse platform, Ifland. This new system will be powered by […]

Crypto Fund Inflows Persist Despite Slowing Momentum

The cryptocurrency market has witnessed inflows into investment products for the third consecutive week, albeit at a reduced pace. From October 7 to October 13, the inflow amounted to $15.2 million, a significant drop from the previous week’s $78.4 million. CoinShares analysts highlighted that this figure is 27% below the average for 2023. They pointed […]

Binance Pauses UK Registrations Amid Regulatory Changes

Binance, a global leader in cryptocurrency exchanges, has decided to halt the registration of new users based in the United Kingdom. This decision, effective from Oct. 16, is a direct response to the recent modifications in the UK’s crypto marketing regulations, as outlined by the Financial Conduct Authority (FCA). The FCA, on Oct. 8, introduced […]

Tokenization of Real-World Assets: A New Era in Investment

The tokenization of real-world assets (RWA) is no longer just a buzzword. Over the past year, the sector has witnessed significant growth, with Boston Consulting Group projecting the tokenization of global illiquid assets to reach a staggering $16 trillion by the end of the decade. Recent data indicates that the total value of tokenized RWAs […]

Solana Looks to Track ETHs Parabolic Rise in 2024 Run

$461 Solana (SOL) Price Target on the Table if Ethereum (ETH) Does This Next Bull Cycle: InvestAnswers A closely followed crypto analyst says that traders may be underestimating Solana’s (SOL) potential in the next bull market. In a new strategy session, the host of InvestAnswers says that his base-case thesis for SOL is that it […]

Dfinity’s Internet Computer to Revolutionize Waste Management with Recycling Credits

The Dfinity Foundation is venturing into waste management, collaborating with management consultancy firm Roland Berger, Dfinity is in the process of creating a technology that will set a global standard, encouraging recycling endeavors. Roland Berger, earlier in June, unveiled the Voluntary Recycling Credits (VRC) standard, drawing inspiration from the carbon credit market. This initiative is […]

Swiss Dukascopy Bank Unveils Innovative Crypto Lending Program

Switzerland’s Dukascopy Bank has taken a significant leap in the crypto space by introducing an innovative crypto lending solution. This program is designed to offer cryptocurrency holders immediate access to cash without parting with their crypto assets. How the Program Works: Open a Multi-Currency Bank Account (MCA): Begin by setting up an MCA with Dukascopy, […]