Breaking crypto and Web3 news, analysis and market intelligence for institutional investors.
On August 29, 2024, Yoshitaka Kitao, Chairman of SBI Holdings, delivered a compelling keynote speech at the international Web3 conference “WebX,” organized by CoinPost Co., Ltd. and hosted by the WebX Executive Committee. In his address, Kitao highlighted SBI Group’s customer-centric growth, emphasizing the company’s success in expanding its customer base and revenue. Kitao began … Read more
In a recent paper, the Basel Committee on Banking Supervision (BCBS) has underscored the multiple risks faced by banks engaging in transactions on permissionless blockchains. As part of the Bank for International Settlements (BIS), the BCBS is a key global authority in setting prudential standards for banks. The paper highlights several critical areas of concern, … Read more
Telegram is a cloud-based instant messaging service that offers a high level of privacy and security. Founded in 2013 by Pavel Durov and Nikolai Durov, Telegram has gained a significant following due to its features, including: End-to-end encryption: This ensures that only the sender and recipient can read the messages. Cloud-based storage: Messages are stored on Telegram’s servers, allowing … Read more
Pavel Durov is a Russian entrepreneur and the co-founder of the popular messaging app, Telegram. Known for his outspoken stance on privacy and his clashes with authoritarian governments, Durov has become a prominent figure in the tech industry. Early Life and Education Born in Leningrad (now St. Petersburg) in 1984, Durov grew up in a family of academics. He was … Read more
Bankrupt crypto lender Celsius Network has achieved a significant milestone by completing payouts to approximately two-thirds of its creditors, despite encountering numerous challenges throughout the distribution process. The plan administrator’s recent report provides an update on the status of the distribution plan and outlines the next steps in the repayment process. Celsius Distribution Plan Targets … Read more
Crypto enthusiasts and community members, the moment you’ve been waiting for has arrived—the first-ever Blum Drop for $DOGS is officially here! This landmark event offers a unique opportunity to engage with the $DOGS ecosystem and prove your status as a true “dawg.” Here’s everything you need to know to make the most of this exclusive … Read more
The Toncoin token (TON), associated with Telegram Messenger LLP, has experienced a dramatic market value decline, losing a staggering $2.7 billion. This decline comes in the wake of unsettling news surrounding Telegram co-founder Pavel Durov, who was detained at a Paris airport over the weekend. The arrest, reportedly linked to allegations that Durov failed to … Read more
The crypto world is abuzz with anticipation as Orderly Network officially announces its Token Generation Event (TGE) set for August 26, 2024. This highly anticipated event will mark a significant milestone for the network, kicking off at 8:00 AM UTC with the simultaneous launch of airdrop claims and staking opportunities. Here’s everything you need to … Read more
Kraken cryptocurrency exchange has been directed by US District Judge William H. Orrick to respond to the securities law violations complaints made by the SEC. The judge has allowed twenty days for a reply. This follows another legal set back with the Australian Securities and Investment Commission. SEC Claims Against Kraken The SEC claims Kraken’s … Read more
The MemeFi team has officially set the date for their highly anticipated token listing, marking a significant milestone for the project. After months of preparation, they’ve announced that the MemeFi Token Generation Event (TGE) will take place on October 9, 2024. This event will see the MemeFi coin listed on several top-tier centralized exchanges, though … Read more