Ripple Payment Solution To Ease Cross-Border Settlement From Japan to the Philippines At Reduced Rate
Ripple has established a payment solution to ease the stress of cross-border settlement. According to a press release, a leading cryptocurrency company, Coin_ph, has collaborated with a money transfer firm, OK Remit, to launch an On-Demand-Liquidity (ODL) service that will leverage Ripple (XRP) global payment network, RippleNet. This development will allow the blockchain network to […]
3air Championing a Limitless Connectivity With Unlimited Potential on the Blockchain Technology
Blockchain, which began as a peer-to-peer version of electronic cash, has the potential to transform and rebuild almost every industry, including supply chain, finance, healthcare, logistics, and telecommunications. Because of its ability to provide complete transparency, immutability, privacy, and security, technology has captured the popular imagination. However, there are numerous challenges in the telecommunications industry. […]
CryptoCom Gets Licenced By UK Financial Conduct Authority (FCA)
Singaporean-based cryptocurrency exchange, CryptoCom recently announced that it had received regulatory approval from the United Kingdom Financial Conduct Authority (FCA). This development will allow the trading platform to offer products and services to its customers in the U.K. The leading crypto platform announced the news on Twitter, stating that it will work hard to support […]
Huobi Japan To Distribute Flare Tokens to Ripple (XRP) Holders
Ripple holders are set to benefit from Huobi Japan, as the leading Asian crypto exchange announced that it plans to distribute Flare Network tokens and Songbird tokens to XRP investors. The press release also added that the exchange would soon communicate the date and time of the tokens’ distribution to its users. All You Need […]
Ripple Locks 700 Million XRP in Escrow, As Prominent Exchanges Sends 172 Million XRP to Mysterious Wallets
Ripple’s native token, XRP, has been on the move in the past 24 hours between wallets and crypto exchanges. Whale Alert, a leading whale tracking service, noted that 172 million XRP was transferred from two crypto exchanges to unknown wallets and vice versa on the previous day. More About the Transactions The XRP transfer occurred […]
Binance Gains in Shares After Spending Over $1 Billion on Compliance
Binance continues to be one of the leading trading platforms as its co-founder, Changpeng ‘CZ’ Zhao, noted that the platform had spent over $1 billion on compliance efforts with a high percentage of success. Via a tweet on August 1, 2022, CZ mentioned that the company’s market share surged gradually despite the expenses incurred on […]
North Korea Using Fraudsters to Steal Crypto For The Government
Bloomberg has revealed that some government staff in North Korea are suspected of plagiarising resumes and falsely claiming to be from other countries on LinkedIn to raise money for the Korean government. The Bloomberg interview with cybersecurity analysts confirmed that the Pyongyang-based fraudsters are stealing information from professional platforms like LinkedIn and Indeed. Consequently, they […]
The University of Tokyo to Hold Lectures in the Metaverse
The University of Tokyo will hold study programs in the metaverse later this year. As a result, high school to adult learners can attend lectures in the virtual space, according to The Asahi Shimbun. The publication added that the Metaverse study programs would operate under Todai’s faculty of engineering and other engineering-related graduate programs. Successful […]
Polygon Releases the First Ethereum-Compatible Zero-Knowledge Scaling Solution, the First EVM-Equivalent ZK L2
The first Ethereum-equivalent scaling solution that works flawlessly with all current smart contracts, developer tools, and wallets, Polygon zkEVM (zero-knowledge Ethereum virtual machine), has been released. It employs strong encryption known as zero-knowledge proofs. The protocol is synonymous with the Ethereum Virtual Machine (EVM), the software framework developers use to create Ethereum-based decentralized applications (dApps). […]
Italy Welcomes Crypto.com Exchange After Binance and Coinbase
Singapore-based cryptocurrency exchange, Crypto.com became the latest crypto platform to secure permission to operate in Italy after the Italian monetary regulators Organismo Agenti e Mediatori (OAM) gave its approval. In a recent press release, the leading exchange announced that it had acquired the regulatory approval of Organismo Agenti e Mediatori (OAM). This development will allow […]