House Financial Services Committee Votes in Favor of Crypto, Blockchain Bills
The House Financial Services Committee advanced a set of crypto bills after a landmark markup on Wednesday. Source
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Crypto Robo-Advisor Hedgehog Joins Hands With CoinDesk Indices on Automated Investing Services
Users can invest in one of several digital asset sectors tracked by CDI's indices, including computing, culture and entertainment, currency, decentralized finance (DeFi) and smart contract platform. Hedgehog will also offer The CoinDesk Market Select Index (CMIS), a single automated investing solution providing exposure to all the sectors CDI tracks. Original
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Binance to launch Japanese crypto services in August
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Binance will re-enter the Japanese market for the first time since 2018 following its November 2022 acquisition of Sakura Exchange BitCoin. Crypto exchange titan Binance will launch fully compliant digital asset services for users in Japan by
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Abu Dhabi regulator grants trading firm Rain permission to offer crypto services
The Abu Dhabi Global Market Financial Services Regulatory Authority has granted its Financial Services Permission for cryptocurrency firm Rain to offer brokerage and custody services to residents. In a July 25 announcement, Rain said the regulatory approval will allow certain United Arab Emirates-based institutional and retail users to “buy, sell, trade,
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Borroe aims to shape how web3 businesses monetize services
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The decentralized web aims to provide value to creators. Various activities, such as social media engagement, video creation, blogging, gaming achievements, and fitness tracking, have been monetized as the web3 space grows. However, despite the potential and
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Nigerian social payments app shuts down crypto exchange services
Nigerian social payments app, Bundle announced on July 20 that it is shutting down its crypto exchange arm. According to a statement released on the company blog, explaining that it is ceasing its crypto exchange operations as it focuses on expanding the services of Cashlink as a payment solution. Bundle stated
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Internet Computer will be a key alternative to AWS-like services
The Web 3.0 ecosystem is built on the principles of decentralization, however, most of the aspects of the ecosystems are quite centralized. Be it metaverse servers, or nonfungible tokens (NFTs), even several blockchain ecosystems are entirely based on centralized servers like Amazon. Thus, these ecosystems face several vulnerabilities that come along
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Coinbase pauses staking services in four US states following regulators’ orders
United States-based cryptocurrency exchange Coinbase has announced it will be temporarily stopping customers from staking additional assets in four states amid legal proceedings from local regulators.In a July 14 blog post, Coinbase said users in California, New Jersey, South Carolina, and Wisconsin would be restricted from using certain staking services
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TD Bank registers logo with USPTO for crypto payment services
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Mike Kondoudis, a licensed trademark attorney, has confirmed that the United States Patent and Trademark Office (USPTO) officially registered the TD Logo for crypto purposes. Among cited examples include payment gateway services and payment processing using cryptocurrency
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Cross-Chain Protocol Axelar to Develop Web3 Services With Microsoft Azure
Once implemented, developers will be able to use Azure to access to an Axelar-based blockchain tool that connects dapps to networks, services and developer tools via the AxelarJS software library. That will allow them to automate multichain deployments for Web3 products, and the Axelar General Message Passing (GMP), which enables
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