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” Swiss crypto bank Sygnum secures in-principal approval in Singapore “ Sygnum Singapore, a subsidiary of Switzerland-based cryptocurrency bank Sygnum, is expanding services after securing new regulatory approval from local authorities. The company announced Tuesday that Sygnum Singapore received in-principle approval from the Monetary Authority of Singapore (MAS) to offer three additional regulated activities under…
” Blockchain document transfer provider CargoX extends agreement with Egyptian government “ CargoX, a blockchain company specializing in document transfer solutions, announced a long-term extension to its agreement with the Egyptian government to digitize the nation’s trade flows. Last year, through its 80%-owned entity Misr Technology Services (MTS), the Egyptian government integrated CargoX’s Blockchain Document…
” Binance to focus on crypto payments with new subsidiary Bifinity “ Binance, the world’s largest cryptocurrency exchange by trading volumes, is moving to boost its fiat-to-crypto payments technology by launching its own crypto payment provider. The crypto exchange officially announced on Monday the launch of Bifinity, Binance’s official fiat-to-crypto payment company to connect crypto…
” Auctioneer willing to sell $70M artwork for BTC or ETH “ In further signs of crypto adoption among the art world, a leading United States auction house will accept crypto as payment for a series of paintings. A Jean-Michel Basquiat collection is up for auction by Phillips, with Bitcoin (BTC) and Ethereum (ETH) listed…
” KyberSwap DEX launches on later two network Arbitrum “ Decentralized exchange (DEX) aggregator KyberSwap has launched on the layer-2 Ethereum scaling solution Arbitrum network. The move puts Kyberswap on its seventh network or scaling solution along with Ethereum (ETH), Polygon (MATIC), Fantom (FTM), BSC (BNB), Avalanche (AVAX), and Cronos (CRONOS). KyberSwap joins SwaprEth, Balancer…
” DeFi ‘Godfather’ Cronje quits as TVL and tokens tank for related projects “ DeFi architect, Fantom Foundation technical advisor, and Yearn Finance founder Andre Cronje has left the decentralized finance (DeFi) space reeling after deactivating his Twitter account. Cronje’s long-time colleague at the Fantom Foundation Anton Nell stated in a Mar. 6 tweet that…
” The post-consortia era: How enterprises are embracing Web3 structures “ Now that the initial hype surrounding blockchain applications and the prolonged blockchain “winter” that followed are left behind, we now find ourselves in the middle of a “spring” that is helping organizations reimagine how they deliver value. So much so that blockchain is expected…
” US Virginia Senate allows state banks to offer crypto custody services “ The Senate of Virginia in the United States unanimously approved a bill amendment request that now allows traditional banks operating in the Commonwealth of Virginia to provide virtual currency custody services. Delegate Christopher T. Head introduced the bill (House Bill No. 263)…
” Russian national will use sales of her burning passport NFT to support Ukraine “ Olive Allen, a Russian national and artist who has lived in the United States for more than 11 years, has burned her mother country’s passport in the hopes of raising awareness and funds related to the military conflict in Ukraine. …
” Manchester soccer rivalries commence in field of Web3 “ Leading English soccer club Manchester City has announced an inaugural partnership with cryptocurrency exchange OKX across both its men’s and women’s teams, as well as the club’s emerging esports ventures. According to the club’s press release, the collaboration will focus on “exclusive experiences for OKX’s global…