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GeneralBeginnerThe future of the RMIT Blockchain Hub is uncertain, with claims circulating that it may be shut down. Professor Ellie Rennie, a member of the hub, took to X to announce its closure, citing no clear reason for the decision. However, Professor Jason Potts, the co-director of the hub, clarified that…
#australia
GeneralBeginnerSuiHub, a global accelerator program focused on supporting Web3 startups building on the Sui blockchain, has officially launched with a $200,000 fund and expert support in the Middle East and North Africa (MENA) region. The 12-week program, a joint venture between Brinc, CoinList, Ghaf Group, and…
#uae#web3
GeneralBeginnerMastercard and JPMorgan Chase have announced a strategic partnership to integrate their blockchain-based payment solutions. This collaboration aims to revolutionize the cross-border payment landscape by leveraging the power of blockchain technology to enhance efficiency, transparency, and speed.…
#jpmorgan
EthereumBeginnerSouth Korean authorities have confirmed that the 2019 hack of the cryptocurrency exchange Upbit, which resulted in the theft of approximately $50 million worth of cryptocurrency, was carried out by North Korean hackers. This marks the first time that South Korea has officially attributed a major…
#crypto#north-korea#south-korea
GeneralBeginnerThe Securities and Exchange Commission (SEC) has announced that it has begun sending reparations to investors who participated in the initial coin offering (ICO) conducted by BitClave PTE Ltd. in 2017. The ICO, which raised over $25 million, was deemed to be an unregistered offering of securities…
#crypto#law#sec
GeneralBeginnerJapan has approved a significant economic stimulus package worth $87 billion, designed to alleviate the burden of rising prices on households and stimulate economic growth. This move comes as the country grapples with inflation and seeks to bolster its economic recovery. The package includes a…
#crypto#japan#tax
GeneralBeginnerStation70 and Cyvers, two leading Web3 security firms, have joined forces to introduce Secure Signer, an innovative AI-powered security solution designed to safeguard over $4 billion in vulnerable cryptocurrency assets. This groundbreaking technology aims to bolster institutional trust by…
#defi#hackers#security
GeneralBeginnerHong Kong’s Cyberport Web3 network has seen significant growth, now boasting a community of over 270 blockchain firms. This surge in adoption highlights Hong Kong’s increasing prominence as a hub for Web3 innovation and development. On November 19, the Hong Kong Special Administrative Region’s…
#asia#china#government
EthereumBeginnerPayPal has partnered with Xoom to facilitate cross-border payments using its stablecoin, PayPal USD (PYUSD). This collaboration aims to expand access to PYUSD in Asian and African markets, enabling PayPal to settle cross-border transactions outside of traditional banking hours. Xoom is working…
#crypto#paypal#tether
BitcoinBeginnerCoinbase, a major cryptocurrency exchange, has announced its decision to delist Wrapped Bitcoin (WBTC) from its platform. The delisting will take effect on December 19, 2024. This move comes after Coinbase’s recent review of the token’s compliance with its listing standards. While the specific…
#altcoin#crypto#defi
GeneralBeginnerBinance, the world’s largest cryptocurrency exchange, has clarified that its forthcoming BFUSD asset is not a stablecoin despite its promise of high yields. The clarification comes after widespread speculation and concerns among crypto users who drew parallels to Terraform Lab’s failed algorithmic…
#binance#stablecoins#x
GeneralBeginnerNepal’s Financial Intelligence Unit (FIU) has recognized the increasing use of cryptocurrencies by fraudsters despite the country’s official ban on digital asset trading. To combat this, the FIU has proposed several measures, including enhanced public awareness campaigns and stricter transaction…
#asia#central-bank#crypto
