CrowdStrike stock falls another 13% on Monday, days after global IT outage
“We are likely to experience similar incidents,” said Binance CSO Jimmy Su in the wake of the global computer outage. Go to Source
Blockchain
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Hong Kong Introduces Blockchain Vertical in Global Fast Track 2024
Invest Hong Kong, the government department responsible for attracting foreign direct investment, has announced the 7th edition of the Global Fast Track (GFT) 2024, a program designed to empower business connectivity among fintech startups, corporates, and investors. The program, open for applications until September 20, offers fintech companies worldwide the opportunity to pitch their cases … Read more
Arkham transfers $487M ARKMs to Coinbase Prime for tax compliance
As the unlocking process progresses, the involvement of Coinbase Custody will play a crucial role in managing the vesting of these tokens. Go to Source
AI and Metaverse Combo Could Create More Interactive, Personal Virtual Worlds, Says Tech Veteran
According to Paul Thomas, a seasoned technologist and founder at Somnia, artificial intelligence (AI), like the metaverse before it, is currently experiencing hype. This hype cycle will continue to be in vogue before eventually waning. Thomas argues that combining the metaverse with AI can potentially “make virtual environments interactive and personal.” AI Hype Cycle Expected … Read more
Real Estate Tokenization Platform Enters Kenyan Regulatory Sandbox
Ownmali, a blockchain-enabled real estate tokenization platform, has been admitted into the Capital Markets Authority of Kenya (CMA Kenya) Regulatory Sandbox. Ownmali aims to foster greater inclusivity in real estate investing by making it more affordable for younger Kenyans, regardless of their income levels. During the 12-month sandbox period, Ownmali will adhere to regulatory requirements, … Read more
Crypto firms’ vulnerability to CrowdStrike blackout: Analyst insights
Although no major crypto exchange was affected by the CrowdStrike downtime, analysts provided possible impacts in a case where they are. Go to Source
Jordan Launches National Blockchain Technology Network
The Ministry of Digital Economy and Entrepreneurship in Jordan has launched a national blockchain technology network in partnership with Jordanian blockchain company Blockexe. The implementation of blockchain technology in Jordan’s government sector aligns with the Jordanian Digital Transformation Strategy (2021-2025). Enhancing Trust in Government Services On July 17, the Jordanian Ministry of Digital Economy and … Read more
Kazakhstan pays for rail line to China using programmable CBDC
The second phase of the Kazakhstan central bank digital currency pilot focused on control of its many potential uses. Go to Source
Africa’s Blockchain Funding Drops to 1.3% in 2023, Deal Share Rises – Report
In 2023, Africa’s share of global blockchain venture deals rose marginally to 1.3%, but the continent’s total funding dropped from 1.6% to 1.3%. Only South America’s share of blockchain funding ranks below Africa’s share. The continent achieved an all-time high in blockchain venture funding deal share, accounting for 6.4% of all venture funding and 12.5% … Read more
Animoca, Standard Chartered team up in HKMA stablecoin sandbox
The Hong Kong Monetary Authority has selected three parties for assessment in its stablecoin issuers sandbox. Go to Source