HDFC Bank, a leading private sector bank in India, has introduced new features for Unified Payments Interface (UPI) and central bank digital currency (CBDC) to enhance digital banking for its customers. Announced at the Global Fintech Fest 2024 in Mumbai, India, these innovations, developed in partnership with fintech companies like Kreditpe, Tonetag, and Payu, aim […]
India’s HDFC Bank Launches New UPI and CBDC Features Read More »
Bitcoin miners faced their most challenging revenue month of the year in August, marking the lowest earnings since September 2023. Onchain fees collected in August also dipped, reaching a low not seen since last year, with a $4.14 million drop compared to July. August Bitcoin Mining Revenue Drops $99.75M Lower Than July The ongoing effects
Bitcoin Miners Face Leanest Month of 2024: August Earnings Hit Year’s Low Read More »
IVC is a Web3 venture capital fund backed by leading Japanese gaming studios. They focus on Web3 gaming, digital entertainment, AI, DeFi, and infrastructure, and have invested in over 200 projects. They also host Japan’s largest Web3 conference, IVS Crypto, which attracts over 12,000 attendees annually. Ann Chien serves as a Partner at IVC. She
What Web3 Games Need to Do to Break into the Japanese Market – IVC Partner Ann Chien Read More »
Non-fungible token (NFT) sales have had a rough time in 2024, and August has been no exception. Following a 36.6% drop in July, August brought another significant decline, with sales falling by 41.36%. NFT Market Struggles: August Sales Plunge 41.36% After July’s Decline According to cryptoslam.io metrics, NFT sales in August tallied up to approximately
NFT Market Faces Brutal August: Sales, Buyers, and Transactions All Plunge Read More »
The arrest of Telegram CEO Pavel Durov in France has sent shockwaves through the crypto community. Coinbase CEO Brian Armstrong expressed optimism about the future of crypto payments, predicting it as the next big boom driven by advancements in technology. The SEC has issued a Wells notice to Opensea, potentially classifying NFTs as securities. Economist
According to Adrian Brink, co-founder of Anoma and Namada, rollups offer little new functionality beyond the Ethereum Virtual Machine (EVM). He argues they are essentially execution-sharding solutions presented as true scaling solutions. Brink instead touts Plasma as the “only true scaling solution out there” because it enables constant data posting to the main chain “regardless
Rollups Are ‘Copies of the EVM,’ Not True Scaling Solutions, Says Developer Read More »
Oasys, a Web3 gaming-oriented blockchain project, announced a strategic partnership with SBI Holdings, one of the largest financial conglomerates in Japan. As part of this partnership, Oasys secured an undisclosed amount of funding to grow the liquidity of its token and expand the Oasys ecosystem. Yoshitaka Kitao, President and CEO of SBI Holdings, stated that
Gaming Blockchain Oasys Announces Partnership With Japanese Conglomerate SBI Holdings Read More »
A court in British Columbia, Canada, has ordered Daniel Tambosso to repay Hung Nguyen $1.2 million for a loan of 22 bitcoins made in 2021. Nguyen, a Canadian real estate agent, claimed the loan constituted his entire savings, and Tambosso’s failure to repay has severely impacted his finances and mental health. Tambosso, claiming to be
Canadian Court Orders Man to Repay $1.2 Million in Bitcoin Loan Dispute Read More »
In August, approximately $310.9 million was lost to exploits, hacks, and scams. However, digital assets worth $10.3 million were recovered, resulting in a net loss of $300.6 million. According to the security firm Certik, this is the second-highest monthly loss in 2024 so far. While May had the highest exploit total loss of just over
Crypto Hacks and Scams Cost $300 Million in August Read More »
Microsoft recently detected a North Korean cyber group, Citrine Sleet, exploiting a security vulnerability in Chromium-based browsers, including Google Chrome. This flaw allowed attackers to execute malicious code on compromised devices. Citrine Sleet used advanced tactics, such as fake cryptocurrency websites, to conduct their attacks. North Korean Cyber Group Citrine Sleet Exploits Chromium Zero-Day Vulnerability
Google Chrome Vulnerability Exploited by North Korean Hackers, Microsoft Warns Read More »
