September 21, 2023 By Anjali Kochhar In a groundbreaking revelation, the global Blockchain in Retail market has witnessed an extraordinary surge, as detailed in the recently released report for 2023. Covering a comprehensive 101 pages, the report offers a profound insight into the current state, size, volume, and market share of the blockchain in retail […]

September 20, 2023 By Anjali Kochhar In a rapidly evolving crypto landscape, seasoned investors and Bitcoin whales are turning their attention towards InQubeta, a visionary project poised to revolutionise the realm of AI technology investment. Spearheaded by a team of forward-thinking developers, InQubeta stands at the forefront of a revolution that has captivated the crypto

September 20, 2023 By Sharan Kaur Phillora In a recent crackdown on unlicensed crypto activities, the Hong Kong authorities have apprehended six individuals, including two prominent social media influencers, related to an ongoing investigation into the crypto exchange, JPEX. According to a report by the South China Morning Post, JPEX, which is based in Hong

September 19, 2023 By Anjali Kocchar In a recent interview, Joseph Lubin, co-founder of Ethereum and CEO of ConsenSys, expressed confidence that rationality will prevail in the legal battles between U.S. regulators and crypto firms. Lubin believes that decentralised protocols, blockchain, and cryptocurrency align with U.S. values. The U.S. Securities and Exchange Commission (SEC) has

September 19, 2023 By Sharan Kaur Phillora Hong Kong’s financial watchdog, the Hong Kong Monetary Authority (HKMA), has issued an urgent warning to the public about cryptocurrency companies fraudulently marketing themselves as “banks” without the required licenses. These firms, which often label themselves as “crypto banks” or “digital asset banks”, are not authorized to conduct banking

September 18, 2023 By Anjali Kochhar In a recent development, worldwide full-cycle verification platform, Summsub has announced a six-month free trial of its Travel Rule compliance solution as a significant step to strengthen compliance in the bitcoin industry. The goal of this launch is to increase security and transparency in cryptocurrency transactions. It is timed to coincide

September 18, 2023 By Sharan Kaur Phillora Hong Kong’s position in the global cryptocurrency adoption rankings has seen a slight decline, even as the city is actively trying to establish itself as a central hub for virtual assets. As per the upcoming 2023 Global Crypto Adoption Index by the blockchain research firm Chainalysis, the city now

September 18, 2023 By Anjali Kochhar The CEO of Binance.US, Brian Shroder, has stepped down from the crypto trading platform. Norman Reed, the Chief Legal Officer, will take on the role temporarily. This move follows a decision by the platform to let go of over 100 employees, which amounts to about one third of its

September 15, 2023 By Anjali Kochhar In a significant move within China’s tech landscape, Ant Group, one of the country’s tech giants, has introduced a sub-brand named ‘Zan.’ This sub-brand is dedicated to supporting blockchain developers in creating solutions for Web3, despite China’s firm stance against cryptocurrencies. While China has maintained stringent anti-crypto legislation for

September 15, 2023 By Sharan Kaur Phillora In the latest advancement in the Chinese tech industry, Alibaba rolled out its cutting-edge AI language model, Tongyi Qianwen, for public and enterprise use on September 13. This follows a recent wave of regulatory adjustments concerning artificial intelligence (AI) technologies in the People’s Republic of China. Here’s what