Blockchain News

Egyptian engineer, Mirna’s puts forward blockchain VAT accounting platform. Mirna’s Blockchain VAT accounting platform accepted by the Oman Ministry. “blockchain is the future” said Mirna and suggested that the public...

The SEC and CFTC are investigating Three Arrows Capital. 3AC misled reportedly investors about its balance sheet and failed to register. The probe was not officially disclosed; Bloomberg cited an...

Japan’s NPA issues public advisory regarding crypto hacks. The North Korean hacking group Lazarus is responsible for the attacks. The NPA advised affected organizations to be wary of phishing tactics....

Korean Government will replace existing ID cards with Digital IDs for smartphone users. Citizens can use digital IDs for money transfers, state benefits, and casting votes. According to the digital...

Bank of America said younger, rich Americans are 7.5 times more likely to hold crypto. They surveyed 1,052 people over 21 with more than $3 million in investable assets. The...

UK’s Finance Minister Kwasi Kwarteng has been fired by Prime Minister Liz Truss. Kwarteng sets a record for serving the shortest tenure in the parliament as a Finance Minister.  Kwarteng...

FASB has recommended fair-value accounting to determine crypto asset value. Firms must examine asset value yearly, noting price drops from the acquisition price. Previously, companies categorized crypto as intangible assets...

21Shares AG launch first physically-backed ETP on Nasdaq Dubai. The ETP will trade under the ticker ABTC. The listing came after a $25 million investment round from parent company 21.co....

Brinc will expand its global presence by opening an office in DMCC. The crypto center offers a complete ecosystem for businesses and entrepreneurs interested in blockchain and Web3. Partnership strengthens...

A web3 security firm posted on Twitter that ParaSwap’s deployer address private key may have been hacked. ParaSwap replied that they’re investigating. The aggregator said it found no vulnerabilities or...

SushiSwap’s new CEO has been alleged of scamming innocent crypto investors. Twitter users allege the CEO siphoned 70% of a token’s supply in a 2019 project. The leader, however, responded...

Polygon launches its zkEVM’s public testnet. Aave and Uniswap will be among the first projects on the zkEVM testnet. Polygon wants everyone to try out the testnet. The “next chapter...

Zetrix signs MOU with MTSSB to create and manage the Malaysia Blockchain Infrastructure. The national blockchain infrastructure of Malaysia will be for all levels of government and commercial sectors. Zetrix...

The number of NFT-related trademark applications in the U.S. has already tripled that of 2021. NFT trademark filings peaked in March and have subsequently declined in every month. NFT interest...

Dubai Chambers formed a pact with SEE institute to launch a special training program for digital startups. 30 businesses from Dubai and other markets would be invited to participate. All...

A Melbourne-based woman has stolen money from retirement funds and laundered them using crypto. She scammed AU $3 million from 26 super funds customers like HESTA, Hostplus etc. She was...

Singaporean regulators have warned that not all crypto-related operations are regulated in the nation. Chairman Tharman said crypto trading firms would be subject to the Payment Services Act 2019. Tharman...

LFG denied withdrawing $67M after Terra’s founder became wanted. Blockchain data shows the foundation carried out the transactions by proxy. The wallets that transferred the 3,133 BTC were active during...

Republican members write a letter to the U.S Department of Justice. The letter seeks to find out whether the legislation needs amendments to adopt CBDC. The appropriate place for discussion...

MENA is the fastest growing crypto market in the 2022 Global Crypto Adoption Index. The region experienced a 48% YoY growth in crypto transaction volume. Turkey, Egypt, and Morocco are...

NEAR Foundation partners with Google Cloud to provide technical support to their grant recipients. Google Cloud’s infrastructure will be advantageous for projects built on NEAR. NEAR’s Web3 platform will allow...

SWIFT announces plans for a global Central Bank Digital Currency The trial included big names like HSBC, Standard Chartered, and UBS. The project evaluated whether CBDCs could be used globally...

Co-founder and chief strategy officer of Celsius, Daniel Leon resigns. Lior Koren the company’s global director to take over the position. Youtuber, Tiffany Fong hints about his resignation to Celsius....

Mastercard announces the launch of” Crypto Secure”, a fraud-risk identification software. The President of Cyber and Intelligence Mastercard wants to provide a safe environment like digital commerce. Chainalysis reports that...

Former CFTC commissioner explains why the crypto industry is not pleased with the SEC. Quinten believes the crypto industry needs rules that fit its technology and promotes reaching its full...