Topic

World News

A collection of 365 issues

Binance to Resume Operations in India Following Registration with Financial Intelligence Unit Amid Regulatory Challenges

In a significant move within the Indian financial sector, cryptocurrency exchange Binance plans to resume its operations in India. This decision comes after the exchange agreed to comply with regulatory demands, including registration with India’s Financial Intelligence Unit (FIU) and adherence to the Prevention of Money Laundering Act (PMLA)

Puffer Finance's Liquid Staking Protocol Secures $18 Million in Series A Funding Round Led by Brevan Howard Digital and Electric Capital

In a significant development in the cryptocurrency sector, Puffer Finance, an innovative startup, has successfully closed a Series A funding round, securing $18 million. The investment round was co-led by prominent entities Brevan Howard Digital and Electric Capital. This marks a pivotal step forward for Puffer Finance as they plan

OKX Launches Its Own L2 Network "X Layer" to Enhance Ethereum Compatibility and Reduce Fees

On April 15, 2024, the cryptocurrency exchange OKX unveiled its latest innovation in blockchain technology: the X Layer. This second-layer solution is designed specifically for Ethereum, aiming to reduce transaction fees and improve application compatibility within the network. Partnership with Polygon Labs and Introduction of the X Layer (X1) ProtocolOKX

Florida Mansion Previously Owned by Tommy Hilfiger Listed for Sale for 646 BTC by Investor Grant Cardone

A notable luxury home in Florida, once owned by fashion designer Tommy Hilfiger, has hit the market with a modern twist on real estate transactions. The current owner, entrepreneur and investor Grant Cardone, has listed the property exclusively for sale in Bitcoin, with a price tag of 646 BTC, equivalent

Fantom Foundation Co-Founder Backs Solana Amid Transaction Troubles, Calls Blockchain a "Victim of Its Success"

In a surprising turn of events, Fantom Foundation's co-founder Andre Cronje has come forward with a public endorsement of the Solana network amidst its recent transactional hiccups. The period between April 4th and 5th, 2024, was particularly challenging for Solana, as approximately 77% of its transactions failed to complete. This

"PayPal Launches International Transfers in PYUSD for US Customers, Expanding Financial Reach to 160 Countries"

In a move set to revolutionize international transactions, PayPal has introduced a groundbreaking service for its US-based clientele. Users now have the capability to conduct cross-border transfers using the PYUSD stablecoin, marking a significant advancement in the realm of global finance. The announcement heralds a new era of financial accessibility,

"Goldman Sachs CIO: A Firm Stance on Cryptocurrency's Lack of Appeal to Clients"

The Chief Investment Officer of Goldman Sachs, Sharmin Mossavar-Rahmani, remains steadfast in her skeptical stance toward cryptocurrencies, asserting that this asset class bears no intrinsic value. In a revealing interview with the Wall Street Journal, Mossavar-Rahmani shared insights into the disinterest shown by the bank's clientele towards cryptocurrencies, even amidst

"Global Gas Glut: Navigating Through Record Surpluses and Falling Prices"

The global gas markets are currently experiencing an unprecedented surplus, largely due to the unseasonably warm winter that has passed. This has been highlighted in reports by CNBC, which draws upon analytics data to outline the scale of the situation. Forecasts by Morgan Stanley suggest that in the coming years,

"Rosatom Explores the Possibility of Constructing a Lithium Battery Factory in Bolivia"

In a significant development that could impact the global energy storage and electric vehicle (EV) market, Rosatom, Russia's state atomic energy corporation, has announced its consideration of plans to construct a lithium battery manufacturing facility in Bolivia. Kirill Komarov, the First Deputy Director-General of Rosatom and the Director of Development

Gunzilla Games Secures $30 Million in Funding for Blockchain-Powered AAA Gaming Innovation

Gunzilla Games has announced a significant financial milestone with a total funding of $30 million. This funding includes a strategic token round of $10 million, spearheaded by CoinFund and Blizzard Fund Avalanche, highlighting the growing interest in the intersection of gaming and blockchain technology. Notable participants in this round also