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…

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…

In recent news, Nigeria has made headlines by requesting telecommunication companies within its jurisdiction to restrict access to popular cryptocurrency exchange platforms, Binance and Coinbase. This move has sparked significant interest and debate within the global cryptocurrency community, prompting questions about its motivations and potential implications. The decision by Nigerian authorities to limit access to…

quick take Ping Exchange introduces a new era in digital assets trading, merging robust security protocols with user-focused asset control. Its standout feature is a hybrid custodial cold storage model, redefining crypto exchange security. Leveraging CorePass ID, Ping offers streamlined user authentication through blockchain-secured identity information and QR code scanning. Assets deposited on Ping remain…

quick take Michael Saylor, MicroStrategy’s CEO, intends to retain the company’s Bitcoin holdings for the long term, emphasizing a commitment to investment. With MicroStrategy’s Bitcoin holdings currently valued at around $10 billion, significantly exceeding their initial acquisition cost, Saylor underscores his confidence in Bitcoin’s potential as a store of value. He regards Bitcoin as surpassing…