Hong Kong virtual banks eye Web3 growth despite regulatory hurdles
Despite capturing just 0.3% of retail bank assets, Hong Kong’s virtual banks are exploring opportunities in the Web3 space. Go to Source
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Binance Security Team Recovers $73 Million in Stolen Crypto Funds This Year
Crypto exchange Binance’s security team has recovered or frozen over $73 million in stolen user funds so far this year, surpassing the $55 million recovered in 2023. This achievement highlights the company’s commitment to improving cryptocurrency security. Binance Recovers $73 Million in Stolen User Funds Crypto exchange Binance announced on Wednesday that its security team … Read more
Wen Lambo? Lamborghini answers with new Animoca Web3 partnership
Increasingly more industries are adopting blockchain technology to grow their brand awareness, including luxury car makers. Go to Source
Immutable to shut down NFT marketplace
Immutable wrote that they would rather support marketplaces within the ecosystem than compete. Go to Source
MetaMask users gain 2FA security via MultiversX Snap integration
The MultiversX Snap for MetaMask introduces a new level of security, embedding two-factor authentication directly into the blockchain protocol for enhanced protection. Go to Source
How DePin is shaping the future of crypto — Polygon Labs exec
Real-world tokenized assets returned an average of roughly 213% this year, making the sector one of the highest-performing in the industry. Go to Source
Atari’s ‘onchain’ game hacked, Notcoin to launch story-driven Lost Dogs game: Nifty Newsletter
Developer Kautuk Kundan claimed to have hacked Atari’s “onchain” game and said that it’s not really on the blockchain. Go to Source
Blockchain reduces airline cargo costs by 7% and boosts efficiency
The airline was able to reduce communication errors by 90%, thanks to the transparency of blockchain technology. Go to Source
Asia Blockchain Summit 2024 Day One: Initial Thoughts
Despite a severe market downturn, the world keeps turning, the show must go on, and I must still attend the Asian Blockchain Summit (ABS). It’s been quite interesting so far. Crypto Market Turmoil Doesn’t Extinguish Enthusiasm at ABS As I flew to Taipei to attend the Asia Blockchain Summit (ABS), traditional markets and the crypto … Read more
Saudi Arabia Becoming Hub for Web3 Startups Seeking Investment, Report Says
Saudi Arabia’s emergence as a top venture capital investment destination in the Middle East and North Africa offers an opportunity for Web3 startups seeking funding. However, the latest Adaverse report acknowledges that the Saudi Web3 industry faces challenges requiring collaboration among key stakeholders to overcome. The report urges Saudi authorities to establish clear, comprehensive regulations … Read more
