Tether to Launch UAE Dirham-Pegged Stablecoin
Tether, the major stablecoin issuer, has announced plans to launch a new stablecoin pegged to the United Arab Emirates Dirham (AED). This initiative, in collaboration with the UAE-based Phoenix Group,…
Monero Begins Integration of New Privacy Feature (FCMP++) to Enhance Transaction Security
The Monero team has announced the initiation of a new privacy feature integration, known as Full-Chain Membership Proofs (FCMP++). This feature aims to significantly enhance transaction security and privacy on…
Former Coinbase CTO Balaji Srinivasan’s Network School Receives Overwhelming Global Response
Balaji Srinivasan has announced that his Network School has received an overwhelming response, with thousands of applications pouring in from over 80 countries. In light of this unprecedented interest, the…
Zimbabwe Central Bank Denies Forced Remittance Conversion Claims
The Reserve Bank of Zimbabwe (RBZ) has denied claims that it intends to force recipients of U.S. dollar-denominated remittances to convert their funds into local currency. The central bank clarified…
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Dormant Bitcoin Wallet From 2014 Moves $10.2M—After a Decade
On Aug. 16, 2024, with bitcoin (BTC) hovering above the $58,000 mark, a bitcoin wallet that had been untouched since Jan. 8, 2014, moved 174.88 BTC for the first time…
South Africa Unveils National AI Policy Framework, Seeks Stakeholder Feedback
South Africa has published a national policy framework for artificial intelligence (AI) and is seeking feedback from stakeholders. This framework is the first step towards developing a comprehensive national AI…
Speed Launches USDT-L, Tether’s First Iteration on Top of Bitcoin’s Lightning Network
Speed, the company behind the Speed Wallet, has launched USDT-L, the first iteration of Tether, the largest stablecoin on the crypto market, on top of Bitcoin’s Lightning Network (LN). The…
Automobili Lamborghini Partners With NFT Gaming Giant Animoca Brands
Automobili Lamborghini and Animoca Brands, known for non-fungible tokens (NFTs), Web3 gaming, and the metaverse, have announced a collaboration to enhance brand engagement in the automotive industry. This partnership aims…
Group Urges Nigeria to End Naira Float, Reinstate Subsidies
The Nigerian government has been urged to abandon a floating foreign exchange system and reintroduce subsidies in the power and energy, agriculture, and transportation sectors. In a communique, the Multidisciplinary…
Montenegrin Court Upholds Extradition of Terraform Labs Co-Founder Do Kwon to South Korea
In a significant legal development, a Montenegrin appeals court has upheld the decision to extradite Do Kwon, co-founder of Terraform Labs, to South Korea. Kwon, who has been in custody…