February 22, 2024 By Anjali Kochhar Decentralized finance or Defi is an evolving model for organizing and enabling cryptocurrency-based peer-to-peer transactions, without third-party involvement like banks/ financial institutions. Mr. Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth “The Decentralization of Finance is good for humanity and it’s ultimately a win for every one of us. Because now […]

February 22, 2024 By Sharan Kaur Phillora The Chinese Ministry of State Security (MSS) has sounded an alarm over certain foreign mapping companies that are reportedly using cryptocurrency incentives to entice individuals in China to collect sensitive geographical data without authorization. Here’s what we know: On February 20, 2024, the MSS expressed concerns about these

February 21, 2024 By Anjali Kochhar Major US financial institutions are pushing the Securities and Exchange Commission (SEC) to reevaluate its position on cryptocurrencies in a ground-breaking move. The banks are requesting permission from the SEC to become custodians of the recently launched spot Bitcoin ETFs, allowing them to venture into the cryptocurrency space. According

February 21, 2024 By Sharan Kaur Phillora Citi, in collaboration with Singapore’s Monetary Authority (MAS), has unveiled a groundbreaking blockchain application for pricing and executing bilateral spot foreign exchange (FX) trades, as part of the innovative Project Guardian initiative. Here’s what we know: This advanced solution, which was tested with the USD/SGD pair, signifies a

February 20, 2024 By Sharan Kaur Phillora Worldcoin, the cryptocurrency project co-founded by OpenAI CEO Sam Altman, has witnessed a staggering surge of over 140% in the past week, coinciding with its wallet app, World App, reaching a milestone of 1 million daily users. This remarkable growth trajectory, from just 100,000 daily users in November,

February 20, 2024 By Anjali Kochhar As a result of the spot-Bitcoin exchange-traded fund’s launch, which increased trading activity on the cryptocurrency platform, Coinbase revealed fourth-quarter results last week that significantly exceeded Wall Street projections. According to the Coinbase Global Inc (NASDAQ:COIN) was up more than 7% in after-hours trading following the report. Wall Street

February 19, 2024 “Quantum” is the first known “Non-Fungible Token”, which was created in May 2014. Non-fungible means it is unique and cannot be exchanged or replicated with an identical or similar item as an identical item does not exist. This is one of the foremost reasons why NFT collectors are crazy about it. It

February 19, 2024 In an exclusive interview with NFTMetta Journalist, Sidhharth Ugrankar, CEO of Qila.io speaks about blockchain as a service platform. Qila.io leads the blockchain revolution with a vertical-agnostic approach, offering tailored solutions like PrivaSea and GoTrust. The platform ensures scalability through a centralized approach and addresses security challenges with distinct layers, including encrypted

By Anjali Kochhar Before the bell on Wednesday, shares of U.S.-listed cryptocurrency companies saw gains ranging from 7% to 13%, driven by Bitcoin’s breakthrough above $1 trillion in market value for the first time in over two years and an improvement in investor mood. Since the first spot Bitcoin exchange-traded funds (ETFs) were approved by

By Anjali Kochhar Deutsche Telekom, a telecommunications provider, has announced a collaboration with the Fetch.ai Foundation. According to a tweet shared by Fetch.ai  the primary objective of collaboration is to promote the advancement of artificial intelligence (AI)-based solutions inside the Web3 sector. Bosch and the blockchain platform Fetch.ai founded the firm in February 2023, and