Author: Nola Robert

Article written by Nola Robert

India Blockchain Week (IBW) Returns To Spotlight The Growth of India’s Web3 Ecosystem

October 14, 2024 6 mins read

India Blockchain Week (IBW), the country’s flagship series of blockchain and web3 events held in Bangalore, is set to return for 2024 after an enormously successful 2023 edition. Spanning from November 30th – December 8th 2024, the web3 festival will feature an array of 100+ web3 events, including flagship events such as IBW2024 Conference, ETHIndia, IBW Demo Day and many other side-events hosted by Indian & global blockchain industry stakeholders.

Sui to Make Native USDC Available Through NAVI Protocol

October 9, 2024 1 min read

The Sui Foundation has recently unveiled its support for native USDC on the Sui network, marking a significant development in the decentralized finance (DeFi) landscape. NAVI, the leading DeFi and liquidity protocol on Sui, is set to integrate Circle’s USDC from day one, boasting an impressive $120 million in USDC liquidity—making it the third-largest supply of USDC in the industry, following Aave and Compound. This integration is poised to enhance

Bank of England and the FCA launch the Digital Securities Sandbox (DSS)

October 2, 2024 1 min read

The UK is stepping into the future of finance with the launch of the Digital Securities Sandbox (DSS) on September 30, a collaborative initiative by the Bank of England and the Financial Conduct Authority (FCA). This innovative sandbox allows businesses to explore the transformative potential of digital ledger technology (DLT) in the realms of notary, maintenance, and settlement processes for financial securities. The FCA recognizes that DLT can enhance market

Spheron Introduces Fizz Node for Flexible AI Compute Resources

October 2, 2024 3 mins read

Spheron, a decentralized platform harnessing compute resources, has announced the launch of Fizz Nodes, allowing users to participate in the Spheron network and earn rewards by providing computational resources to deploy AI workloads on the edge, without the rigorous reliability requirements of traditional provider node.  Fizz Nodes offer a more accessible way for individuals to participate in the decentralized network by providing GPU and CPU resources, while adhering to a more

Oracle Integrity Staking introduces accountability and rewards for Pyth network participants

September 22, 2024 1 min read

Oracle Integrity Staking (OIS) is a novel feature implemented by the Pyth Network to augment data source accountability through the introduction of staking rewards and slashing processes. This enhancement seeks to ensure superior real-time price feeds throughout the DeFi ecosystem. The decentralized staking system enables PYTH token holders and data publishers to stake tokens and earn rewards based on the quality of the data supplied. In addition to these incentives,

SCRYPT Partners with OpenTrade to Offer Money Market Access on USDC/EURC for Institutional Clients

September 20, 2024 4 mins read

SCRYPT, a Swiss-licensed leader in institutional-grade crypto asset services, today announces a strategic partnership with OpenTrade, an institutional-grade platform for lending and yield products. The partnership will launch a product that allows SCRYPT clients to seamlessly invest USDC and EURC into tokenized U.S. Treasury Bills and E.U. Government Bonds. The US Tokenized Treasuries industry has increased in value by 90% from $1.13 billion at the end of Q1 to $2.15 billion

US Bitcoin ETFs experiences the largest inflow since late July, with over $263 million in a single day

September 15, 2024 1 min read

Bitcoin ETFs saw a jump in net buying on Friday, totaling $263 million, the greatest single-day inflow since July 22. This performance was fueled by a 12% gain in Bitcoin’s value, with one day seeing it surpass $60,000. Fidelity’s Bitcoin (FBTC) saw a $102 million inflow, boosting its weekly profits to almost $218 million. Other Bitcoin ETFs managed by Bitwise, Franklin Templeton, Valkyrie, VanEck, and Grayscale saw positive inflows. ARK

Top 3 Cryptos Under $0.01 Set to Skyrocket in the Next Bull Run

September 15, 2024 4 mins read

As the cryptocurrency market prepares for its next potential bull run, investors are eagerly searching for undervalued assets that could offer substantial returns. While Bitcoin (BTC) remains the most valuable and well-known cryptocurrency, acting as a stable store of value and hedge against economic volatility, smaller altcoins often present opportunities for exponential growth. Investing in low-priced cryptos, particularly those under $0.01, can be a high-risk, high-reward strategy that pays off

The FCA confirms there are no legal crypto ATMs in the UK and is cracking down on illegal machines

September 11, 2024 2 mins read

The Financial Conduct Authority (FCA) has indicted a London resident, Olumide Osunkoya, for operating unlicensed cryptocurrency ATMs, representing the inaugural case of its nature in the UK. The 45-year-old is charged with managing many illicit crypto ATMs that enabled individuals to purchase and exchange funds for digital currencies without appropriate FCA authorization. From December 2021 to September 2023, these machines facilitated £2.6 million in transactions, all executed in violation of

Ethereum Whales moves $751M worth of ETH to exchanges

September 6, 2024 1 min read

In the past week, there has been a significant influx of Ethereum holders selling their holdings, resulting in a total of 312,183 ETH being put into exchanges. This amount is valued at $751 million. The increase in deposits made for exchanging currencies reflects a rise in investor concern, leading market observers to closely monitor any possible changes in attitude. Moreover, the market performance of Ethereum has been closely examined, revealing

Richard Teng says Changpeng Zhao is banned from holding any leadership role at Binance

September 6, 2024 1 min read

Changpeng Zhao, the originator and former Chief Executive Officer of Binance, has received a permanent suspension from the firm as a result of legal infractions. Zhao has been accused by the US Department of Justice of breaching U.S. security laws, notably by failing to uphold an efficient anti-money laundering (AML) program. Binance incurred more than $4 billion in legal liabilities. Zhao resigned as CEO in November 2023, and Richard Teng

Mastercard partners with Mercuryo to launch a self-custodial euro-dominated crypto debit card

September 5, 2024 1 min read

Mastercard has collaborated with Mercuryo, a European supplier of crypto payments infrastructure, to introduce a debit card that allows users to make transactions in euros using cryptocurrency. This card enables users to utilize cryptocurrencies such as Bitcoin directly from their self-custodial wallets at more than 100 million retailers globally that accept Mastercard. Mastercard seeks to remove obstacles between blockchain and conventional payment systems, providing a secure and dependable method for