Saudi Arabia Targets Web3 and Blockchain Gaming Ambitions
Siu notes that Saudi Arabia is making an attempt to enter the next generation of the internet.Saudi Arabia has poured $38B into the gaming industry through its Public Investment Fund.Saudi…
JP Morgan Explores Blockchain-Based Deposit Token for Faster Cross-Border Settlements.
JP Morgan does not intend to use the token as a replacement for stablecoins or for the purchase of cryptocurrencies.American financial services giant JP Morgan is exploring a new type…
FBI Identifies Lazarus Group Cyber Actors as Responsible for Theft of $41 Million from Stake.com
The FBI is issuing this release to warn the public regarding the theft of approximately $41 million in virtual currency from Stake.com, an online casino and betting platform. The FBI…
How Texas Miners Are Making Millions Without Mining Bitcoin at All.
Miners “either mine BTC or curtail energy when prices are high to sell it back to the grid,” Compass Mining told Decrypt, giving them a better return than mining. A…
Long-Term Litecoin (LTC) Holders Count Hits 5 Million.
Five million addresses have held Litecoin for over 12 months. Despite a consistent drop in Litecoin’s (LTC) price, the number of addresses holding the world’s fifteenth-largest cryptocurrency for over 12…
G20 Summit To Address IMF and FSB’s Unified Crypto Regulation Framework
This week’s G20 Summit is where the document will finally be addressed. Financial and economic security are still seen as being in jeopardy by the paper. Thursday saw the release…
Cardano Developer Unveils Static Decentralized Websites
Veteran Cardano developer Dave Beaumont launched a proof-of-concept for hosting static websites on the blockchain. The collaboration with decentralized storage project IAGON resulted in the first-ever website hosted entirely on…
Ripple Moves For an Update With 2 New Features for XRPL.
A new update is on the horizon for Ripple but it needs the community’s validation. Published on the official Twitter of Ripple’s development team, the firm announced an update to…
High-Profile Whale Loses Over $24 Million in Crypto Phishing Attack.
The victim lost more than $24 million worth of stETH and rETH in the attack.Fraudsters don’t often succeed in swindling cryptocurrency whales with substantial market-influencing holdings. Nevertheless, in an unfortunate…
USDC Launches on Base And Optimism
The launch was announced by Circle’s CEO last week.On the 29th of August, Jeremy Allaire – the CEO of Circle, the company that mints and holds governance over USDC –…