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Analysis

U.S-Based Fintech Stellar Completes $7 Million Funding Round

The U.S-based blockchain firm, Stellar announced that it has completed a $7 million funding round from strategic investors and hedge funds. The company is valued

Analysis

Thailand Exempts 7% Crypto Tax For Traders Operating On Authorized Exchanges

Thailand has passed a law that exempts trading on authorized crypto exchanges from the 7% tax. This was an effort to attract more investment and

Analysis

Cuentas Offers App-Based Cross Border Money Transfers With Western Union

With a weekly average of $50,000 in remittance payments and almost 100% transparency, Cuentas changed the way people transfer money internationally. This app-based model has

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EU Parliament Votes against Proposal to ban Proof-of-Work Mechanism

The European Union Parliament voted against a proposal to ban proof-of-work, the blockchain consensus algorithm that rewards miners who solve difficult cryptographic puzzles. The vote

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Encompass Corporation Gets £25M In Funding

Encompass Corporation is a blockchain-powered company that provides digital asset management and trading services. The company, which has been around since 2016, raised £25M in

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PotionLabs Kicks Off Auction for ā€˜Potion Unlock’ – a Novel NFT Game to Open Source a DeFi Protocol

PotionLabs has launched an auction to open source the first de-facto decentralized game development platform. The potion unlock protocol is a collectible NFT that will

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Biden Issues Executive Order on Crypto Regulation: BTC, ETH Rise

As of this week, the US is officially recognizing cryptocurrencies as a legal form of money. That means that in addition to being regulated by

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Bank Of Canada To Collaborate With MIT For Research On CBDC

The Bank of Canada is collaborating with MIT to research the potential use of a central bank digital currency. The objective of this project is

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The Ukraine Way Might Intensify Regulatory Pressure On Crypto Companies

A new interpretation of a recent Ukrainian law aims to crack down on crypto companies, according to the deputy head of Ukraine’s Security Service. This

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