Day: October 20, 2023

EU Regulators Propose Stricter Rules for Crypto Shareholders

In a move to tighten regulations around the burgeoning crypto industry, EU regulators have unveiled a series of proposals targeting crypto companies and their stakeholders. These proposals are part of the forthcoming Markets in Crypto Assets regulation (MiCA), set to be implemented in December 2024. The European Union’s watchdogs have outlined measures that would require […]

Coinbase Turns Eyes to Ireland: Embracing Expansion Amidst Evolving Regulatory Landscapes

As cryptocurrency regulations continually shift, Coinbase has proactively looked to the horizon, making an exciting move into Europe. Consequently, the renowned cryptocurrency exchange has strategically chosen Ireland to be its primary operational and regulatory hub within the European Union. Speaking exclusively to CNBC, the company illuminated the nuances behind this significant decision. Historically, Coinbase isn’t […]

Upland Secures $7 Million Funding Towards Increasing Metaverse on EOS

Empowering the Future of the Metaverse with Robust Financial Backing! Bolstering its path toward AI metaverse domination, the influential web3 Metaverse “super app,” Upland, has impressively bagged an additional $7 million in its Series A funding round. This exciting development sees EOS Network Ventures jumping onboard as a fresh investor, pushing Upland’s overall funding up […]

XRP Surges Forward: Stellar Day Unfolds as SEC Drops Ripple’s Leadership Charges

XRP Surges Forward: Stellar Day Unfolds as SEC Drops Ripple’s Leadership Charges Marking a significant turning point, XRP celebrated its highest single-day percentage rise in the past three months on Thursday. This impressive surge came hot on the heels of the U.S. Securities and Exchange Commission (SEC) deciding to drop charges against Ripple’s top brass. […]

Stellar Week For Major Cryptos Looks to Continue

The crypto market witnessed an exhilarating week as Bitcoin, the gold standard of cryptocurrencies, augmented its stride. With an impressive touch down beyond the $30,000 mark twice within a week, there’s an undeniable undercurrent of buoyancy in the crypto domain. On the closing of Friday, Bitcoin registered a commendable increase of over 2%, positioning itself […]

Yuga Labs Unveils Its Bold Vision for the Metaverse with a Fresh Structure

Yuga Labs Unveils Its Bold Vision for the Metaverse with a Fresh Structure Yuga Labs, renowned for crafting the digital sensation, Bored Ape Yacht Club (BAYC) NFTs, has taken a momentous leap into the future. The company announced the successful culmination of its restructuring, setting the stage for its highly-anticipated metaverse endeavor, Otherside. The restructuring […]

A New Dawn for Digital Gaming in France

Riding the Wave of Progress: Have you ever pondered whether games built on cryptocurrency and NFT frameworks are equated to gambling? Hold that thought! In a game-changing move on Oct. 17, France stepped up, saying a resounding ‘no’. They didn’t just stop at a mere verbal declaration; they embedded it into law. France’s progressive stride […]

Lightning Labs Unveils “Taproot Assets” to Revolutionize Stablecoins on Bitcoin

Lightning Labs is set to “Bitcoinize the dollar” by facilitating the creation of stablecoins and other financial assets on the Bitcoin blockchain through the Lightning Network. On Wednesday, the company launched “Taproot Assets” on the mainnet, aiming to transform Bitcoin into a multi-asset network. Ryan Gentry, Lightning Labs’ Director of Business Development, emphasized the potential […]