The adoption of digital assets provides a good opportunity to ensure uninterrupted payments for imports and exports, Russia's prime minister said.
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Russian PM takes cue from Iran’s crypto payment permit for imports
The adoption of digital assets provides a good opportunity to ensure uninterrupted payments for imports and exports, Russia's prime minister said.
Organizations bring Africa, Costa Rica and Ukraine to the Metaverse to raise awareness
Web3 users will soon be able to experience Africa, Costa Rica and Ukraine in the Metaverse, as organizations recreate virtual environments with a purpose.
Singapore state investor leads $100M round for crypto firm Animoca: Report
Both parties participated in a $200 million funding round for the Australian NFT Immutable in March 2022.
Wanted Turkish crypto exchange founder detained in Albania
Albanian authorities have Faruk Fatih Özer in custody, waiting for questioning and cooperation with the Turkish government.
Fireblocks launches Web3 Engine support on Solana
The blockchain unicorn created Web3 Engine as a developer tool set targeting DeFi, GameFi and NFT products and services.
Aave community proposes to temporarily suspend ETH lending before the Merge
The governance vote to approve the pause will commence on Aug. 30, 2022, and end on Sept. 2, 2022.
Aave community proposes to temporarily suspend ETH lending before the Merge
The governance vote to approve the pause will commence on Aug. 30, 2022, and end on Sept. 2, 2022.
BTC price top warnings emerge as 10K BTC leaves wallet after 9 years
Coins which last moved in the "lawless era" are liquid again, and on-chain data shows such events mark macro BTC price tops.
BTC price top warnings emerge as 10K BTC leaves wallet after 9 years
Bitcoin (BTC) hodlers are asking questions after 10,000 BTC dormant since 2013 suddenly left its wallet.
On-chain data flagged on Aug. 28-29 confirmed a large tranche of Bitcoin had become liquid again after nearly a decade.
“Lawless era” Bitcoin hit the road
Analysts first began to notice curiously high transaction volumes this weekend as 5,000 BTC was included in a block.
Having stayed in the same wallet since 2013, the funds, the owner of which remains unknown, were soon joined by a near identical 5,000 BTC a day later.
In total, 10,000 BTC moved for the first time since 2013, and on-chain sleuths are curious as to the motive of the whale in charge.
Binance Pay partnership allows UAE entrepreneurs to repay loans using crypto
Binance marked its presence among the Middle East investors by running various licensed operations in Abu Dhabi, Dubai and other regions. Targeting efforts in United Arab Emirate's (UAE) mainstream corporate sector, Binance partnered with business lender Virtuzone, allowing new entrepreneurs to repay loans using cryptocurrencies.
Virtuzone joins the list of mainstream businesses in the UAE, such as JA Resorts and Hotels and Majid Al Futtaim, to officially accept cryptocurrencies after integrating Binance Pay into its payment gateway. In addition, by providing businesses the option to repay seed and other forms of funding through cryptocurrencies, the company intends to reduce barriers to entrepreneurship and support the startup communities.
With blockchain venture capital funding going down over 43% in July, entrepreneurs are on the lookout for obtaining funds for new crypto ventures amid an ongoing bear market. In addition to serving this need, Virtuzone also revealed plans to expedite Web3 adoption in the Middle East. On this note, speaking to Cointelegraph, Richard Teng, head of Binance Middle East and North Africa (MENA), stated:
“The market that is developing in the UAE around the Web3 industry, thanks to a number of government initiatives, is one that will become a global hub for investors in digital assets.”
Binance also expects the MENA region to enjoy strong demographic growth in the next three decades. However, Teng believed that entering the untapped market requires the introduction of a regulatory framework for crypto and digital assets.
Hodlnaut now placed under creditor protection after freezing withdrawals
Hodlnaut froze withdrawals and all other services on its platform on Aug. 8, citing a liquidity crisis and turbulent market conditions.
Hodlnaut now placed under creditor protection after freezing withdrawals
Hodlnaut froze withdrawals and all other services on its platform on Aug. 8, citing a liquidity crisis and turbulent market conditions.
Iranian businesses get the green light to use crypto for imports
Iran's Trade ministry has approved the use of cryptocurrency payments for imports in a bid to bolster trade in the country.
Frida Kahlo art finds permanent home in the metaverse
Art, artifacts and untold family stories from the world-renowned Mexican painter Frida Kahlo are being digitized and uploaded to the metaverse.
Binance Aus ramping up measures to protect vulnerable users, says CEO
The general type of people Binance Australia has flagged as vulnerable users are the elderly, people that live in remote areas, or those with disabilities.
Ethereum scaling network Arbitrum set for major upgrade on Aug. 31
The Nitro upgrade will further improve the transaction fee crisis that has plagued the growth of the Ethereum network over the last two years.
Ethereum scaling network Arbitrum set for major upgrade on Aug. 31
The Nitro upgrade will further improve the transaction fee crisis that has plagued the growth of the Ethereum network over the last two years.
'Most of crypto is still junk' and lacks use case — JPMorgan blockchain head
JPMorgan’s Umar Farooq said that use cases haven't arisen fully and regulation hasn't yet caught up.
Argentina's Mendoza province now accepting crypto for taxes and fees
The New Mendoza Tax Administration crypto payment service turned on as of Aug. 24.