In this post: The UK Financial Conduct Authority (FCA) only registered four out of 35 companies that applied for licensing in the country over the 12-month period ending March 31, 2024, representing an 87% failure rate. The regulator attributes the failure rate to firms’ weak anti-money laundering controls. In its annual report, the FCA claims its […]
Tokyo, August, 2024 – EAAS Global, a greentech startup offering individuals and institutions more fulfilling ways to make and prove positive climate impacts, will soon enable app users to earn monetary rewards for avoiding carbon dioxide emissions. This ability adds a new dimension to global climate change mitigation efforts, where financial profits from carbon credit […]
In this post: OneDegree, Asia’s licensed insurer for digital assets, has partnered with Saudi Arabia’s Walaa Cooperative Insurance Company, an insurance and reinsurance provider. Walaa will support OneDegree as a reinsurer for its market-leading digital asset products globally. The partnership was announced during the 24 Fintech event in Riyadh, KSA. As per the press release, […]
On October 22-23, Dubai will host the 13th international forum Blockchain Life 2024 – one of the largest global events in the field of web3, cryptocurrencies, and mining. The forum will feature over 10,000 leading experts, crypto entrepreneurs, and enthusiasts from 120 countries. Participants and speakers will discuss earning strategies, current issues of crypto market […]
In this post: TOKYO. Minister for Digital Transformation and member of Japan’s Liberal Democratic Party (LDP), Tarō Kōno, has called for austerity in the labor market amid challenging inflation. The politician’s potential move into the role of Prime Minister at the end of this month spotlights his controversial plan to close “inefficient” businesses. Digital Transformation […]
SwapSpace, the leading Web3 exchange aggregator, proudly announces the launch of its new podcast, SwapSpace Huddle, scheduled to debut on Tuesday, September 3 on SwapSpace’s official X channel. This show will delve into Web3, blockchain, and cryptocurrency topics, featuring industry experts, AMA sessions, market analysis, and relaxed conversations with the brightest minds in the crypto […]
In this post: Bitcoin and Cardano are clashing in the crypto market as the former has the largest market cap and the latter is backed by innovation. Cardano founder Charles Hoskinson recently took a dig at Bitcoin for its lack of innovation. In response, Bitcoin proponents mocked Cardano’s shrinking market cap. Amid this discussion, Cardano’s Chang […]
In this post: Solana sparked fears of a transaction slowdown after an outflow of users from Pump.fun. Data shows the network is working at ordinary levels despite a recent slide in fee generation. Solana remains one of the busiest networks, both in terms of token transfers and NFT activities. The chain saw an outflow of […]
In this post: Cardano’s upcoming Chang hard fork is set to arrive on September 1st. The upgrade was to come earlier, but the Cardano founder Charles Hoskinson announced on X that the much-anticipated upgrade had been postponed. According to Hoskinson, the development was necessary because some tier-1 centralized exchanges, including Binance, were not ready to […]
