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Sui zkLogin Adds Apple Support and Multi-Sig Recovery

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Sui zkLogin Adds Apple Support and Multi-Sig Recovery
Sui's zkLogin evolves with new multi-signature recovery and Apple account support. These updates expand user options and introduce a robust new method for account recovery. This is particularly useful if the zkLogin credential issuer or the application becomes inactive. zkLogin Updates Enhance User Options and Recovery Methods zkLogin, powered by Sui's cryptographic flexibility, allows developers to incorporate social logins into their applications....

Binance and KuCoin Registered by India’s FIU

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Binance and KuCoin Registered by India's FIU
This milestone makes them the first offshore crypto-related entities to gain approval from India's anti-money laundering authority. Also, the registration comes months after both entities, along with several others, were banned for allegedly "operating illegally" in the country. Binance and Others Poised to Transform India's Crypto Regulations The registration process was not without its hurdles. KuCoin paid a $41,000 penalty in...

Edu3labs Launches AI University

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Since the launch of Edu3labs at the beginning of 2024, the platform has been fulfilling its ambitious roadmap. From the NFE marketplace, Edu3Games, Layerdapp, and its NFE token. All these initiatives are part of a plan for Edu3Labs to lead the web3 education sector powered by artificial intelligence. In this article, we will give more details about AI University, and...

US Banks Test Blockchain for Dollar-Based Asset Settlements

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Major US Banks Test Blockchain for Dollar-Based Asset Settlements
This initiative, outlined in a recent Bloomberg report, marks a significant stride toward modernizing financial processes. According to Bloomberg, It aims to streamline operations using digital ledger technologies. Let's explore more about this important news for US banks. Digital Ledger Technology Modernizes Financial Processes The collaborative effort, known as the Regulated Settlement Network proof-of-concept, aims to explore the potential of blockchain...

SBI, Chiliz Plan Sports Token Venture in Japan

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SBI, Chiliz Plan Sports Token Venture in Japan
SBI Holding and Chillz are forming a Joint venture. The joint venture allows Japanese sports fans to buy and trade tokens from famous clubs. These tokens present special features to users. Let's discover more about this important news for Chiliz. SBI and Chiliz Launch Joint Venture for Sports Tokens in Japan With this partnership, users can take part in the governance...

BeFi Labs Launches Reactor Protocol for Token Holders

BeFi Labs, a platform that makes BRC-20 and Ordinals trading available, has shared a major update. If you've been following this project, then you’ll like this update.  BeFi Labs introduced the BeFi Reactor. It describes the BeFi Reactor as a cornerstone protocol of the BeFi Labs. The Reactor is a huge deal for token holders. It provides direct engagement within...

Ordinals & Runes Drive Bitcoin Mining Revenue After Halving

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Bitcoin Ordinals and Runes Drive Mining Revenue After Halving
According to insights from ViaBTC via Cointelegraph, these applications could be pivotal in maintaining miner incentives. As block rewards diminish over time, their role becomes increasingly crucial. Let's discover more about this important news for Bitcoin mining. Key Applications Bolster Miner Incentives as Bitcoin Rewards Decline Bitcoin's block subsidy halves approximately every four years, or every 210,000 blocks. This process is...

Jupiter Mobile App Set for Release in May or June

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Jupiter Mobile App Set for Release in May or June
This development will boost the exchange's accessibility and functionality, attracting global users. During a lively conference session, Siong outlined the upcoming mobile app's features and roadmap. Siong Outlines Features of Upcoming Jupiter Mobile App According to him, the Jupiter Mobile App aims to provide users with a seamless and efficient trading experience, emphasizing security, speed, and user-friendly design. The timing of the release...

Biden’s Office Backs Legislation for Banks to Custody Crypto

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Biden's Office Backs Legislation for Banks to Custody Crypto
This resolution aims to enable highly regulated financial firms to serve as custodians for Bitcoin and other digital assets. It seeks to achieve this by overturning the SEC’s Staff Accounting Bulletin (SAB) No. 121. Let's explore more about this important measure to let banks custody crypto. Proposed Bill to Allow Banks to Custody Cryptocurrencies Introduced under the Congressional Review Act (CRA),...

FTX Set to Fully Refund Most Customers Post-Collapse

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FTX Set to Fully Refund Most Customers Post-Collapse
CNBC reports that FTX plans to refund nearly all users impacted by last year's financial crisis. This news comes as a relief to many who feared their investments were lost forever. Let's discover more about this news from FTX. FTX Prepares to Repay Majority of Affected Users The exchange has reported that it owes approximately $11.2 billion to its creditors. However, it...