Month: February 2024

Singularity Network, a protocol designed to meet the needs of institutional investors seeking confidential access to DeFi, has successfully raised $2.2 million in its second funding round, which concluded in late 2023, as reported in a statement shared with CryptoSlate on February 22. The funds acquired from this round will be allocated towards strengthening the…

Pixel, one of the largest Web3 games in terms of daily active users, has seen its valuation soar to nearly $3 billion following the listing of its token on the cryptocurrency exchange Binance. Pixel, a leading Web3 game boasting a significant daily active user count, has surged in valuation to $3 billion following its recent…

Korea Digital Asset (KODA), the leading institutional crypto custody service in South Korea, has experienced a significant surge in the crypto assets it manages. The company disclosed that the total value of crypto assets under its custody surged by almost 248% during the latter half of 2023. Established through a partnership between major Korean bank…

summary Apple asserts that its latest technology is designed to withstand emerging threats posed by quantum computers by generating new keys whenever previous ones are compromised. The PQ3 technology, as described by Apple, ensures the generation of a unique key in a manner that cannot be duplicated if another key is compromised. The availability of…

summary South Africa takes the lead in stablecoin regulation to promote stability. The analysis of tokenization influences South Africa’s blockchain strategy. Political instability casts a shadow over South Africa’s progress in crypto regulation. Amid the changing dynamics of cryptocurrency and digital assets, the Intergovernmental Fintech Working Group (IFWG) of South Africa has disclosed its intention…

Over the last 24 hours, Binance Coin (BNB), the proprietary token of the Binance cryptocurrency exchange, has witnessed a notable surge, climbing by more than 7%. This price surge coincides with an announcement from Binance, revealing plans for the substantial burning of BUSD and TUSD B-tokens. As part of this burning process, a proportionate amount…

summary Paris-Saint Germain: Leading as the inaugural football team to serve as a validator on a blockchain. Paris-Saint Germain officially validates the Chiliz Chain blockchain. CHZ experiences a surge of over 10% in the past 24 hours, attributed to Paris-Saint Germain’s involvement. Paris-Saint Germain has announced its intention to be the pioneering football club in…

South Africa’s Digital Payments Agenda: The annual budget review of South Africa unveils the treasury’s ambitious plan to promote the adoption of digital payments, emphasizing their potential to uplift marginalized groups and enhance overall public financial management. Recognizing the importance of structural reforms, the government aims to leverage digital payment technologies to streamline financial processes…