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Abu Dhabi’s ADQ, FAB and IHC Announce Plans for Dirham-Backed Stablecoin
Abu Dhabi’s ADQ sovereign wealth fund, the First Abu Dhabi Bank (FAB), and investment firm IHC have planned to launch a Dirham-backed stablecoin. The token will be supported on the ADI blockchain, developed by an Abu Dhabi-based non-profit firm called the ADI Foundation.
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Bitget, Avalanche Announce Partnership to Boost Web3 Adoption in India
Bitget and Avalanche have joined forces to contribute to India’s web3 infrastructure. As part of the partnership, the companies plan on initiating awareness campaigns and educational workshops on crypto safety and blockchain exploration throughout the year as part of the “HODL ON” tours.
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Malaysia's Prime Minister Meets Binance Founder Changpeng Zhao to Discuss Web3, Blockchain Strategy
Malaysian Prime Minister Anwar Ibrahim met with Binance co-founder Changpeng Zhao on April 22. In his tweet, the Malaysian PM wrote that it is clear that government leadership is essential in driving blockchain adoption.
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Ethereum's Upcoming ‘Pectra’ Upgrade to Improve Blockchain’s Stability, Efficiency: All Details
The “Pectra” upgrade is aimed at improving Ethereum’s efficiency, stability, and usability. With Pectra, Ethereum users will be able to replace traditional private key-controlled accounts with programmable smart contracts for greater flexibility and security. This will notably advance Ethereum’s “account abstraction” features.
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Polygon to Shift Focus to Stablecoins Amid Rising Institutional Interest
Polygon plans to shift its focus to stablecoins as part of its roadmap for 2025. The crypto firm's founder Sandeep Nailwal said that the institutional interest in stablecoins has risen significantly, and industry players have started to prepare to cater to the demands around stablecoin custody and services. He stated that stablecoins make the bridg...
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OM Token’s Sudden Plummet Stirs Rug Pull Fears, Mantra Blames ‘Sudden Liquidation’
Mantra Blockchain’s OM token suffered a sharp price drop over the weekend, which the team attributed to reckless liquidations, dismissing speculation of a hack or rug pull. The token fell by 90 percent in value from $6 (roughly Rs. 515) to $0.70 (roughly Rs. 60.5), raising alarms across the crypto community.
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Kazakhstan and UAE Central Banks Sign MoU to Collaborate on VDA Regulations, CBDCs
The National Bank of Kazakhstan and the Central Bank of the UAE (CBUAE) have signed an MoU to collaborate on fintech, cybersecurity, and CBDCs, focusing on how UAE's financial hubs leverage blockchain and crypto for payments and transactions.
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Will Jesus Christ Return in 2025? Crypto Enthusiasts Are Betting On It
Cryptocurrency enthusiasts are betting on Jesus Christ's Second Coming in 2025 through a blockchain-powered platform, with $160,932 in trading volume.
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Solana Policy Institute Launched in Washington DC; Kristin Smith Named President
Founded by Miller Whitehouse-Levine, the Solana Policy Institute is a non-partisan, non-profit Web3 advocacy group based in Washington, DC. In the coming months, it will host educational sessions for US policymakers, featuring key leaders from the Solana ecosystem to provide in-depth insights into blockchain and crypto use cases.
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CME Group Using Google Cloud’s Blockchain for Next-Gen Derivatives Exchange Upgrades
The CME group has announced its partnership with Google Cloud to explore blockchain services like asset tokenisation. Later this year, the companies will begin testing blockchain solutions for trading and tokenisation with market participants.
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Trump Family's World Liberty Financial Crypto Venture to Launch Stablecoin
Donald Trump's World Liberty Financial will launch a dollar-pegged USD1 stablecoin. USD1 will be launched on the Ethereum and Binance Smart Chain blockchains - digital ledgers that underpin the movement of crypto coins.
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TRN Odyssey Programme Goes Live, Opens Funding Opportunities for Web3 Game Developers
The TRN Odyssey initiative will fund promising Web3 gaming projects that are built on the TRN Layer-1 blockchain. Developers can fetch investments between $10,000 (roughly Rs. 8.5 lakh) and $1 million (roughly Rs. 8 crore) through this initiative.
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ADGM, Chainlink Sign MoU to Explore Compliant Tokenisation Rules, Cross-Chain Interoperability
The Abu Dhabi Global Market (ADGM) has signed an MoU with Chainlink. Under the MoU, both entities have agreed to collaborate on regulatory discussions and educational awareness initiatives in the UAE.
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South Korea’s Central Bank to Start CBDC Trials for Real-World Transactions: Reports
South Korea is set to begin testing the Digital Won CBDC for real-world transactions in April, according to local reports citing the Bank of Korea (BoK). The programme will evaluate blockchain technology’s role in finance while allowing the BoK to assess its potential for reshaping the country’s fintech ecosystem.
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Arbitrum Launches 'Onchain Labs' to Support High-Risk, Experimental Web3 Ventures
Arbitrum has launched Onchain Labs, an incubator-style program offering industry guidance and technical support for experimental Web3 projects. According to an Offchain Labs blog, early-stage teams can customize Arbitrum’s offerings to test their app’s feasibility and scalability.
-
Abu Dhabi’s ADQ, FAB and IHC Announce Plans for Dirham-Backed Stablecoin
Abu Dhabi’s ADQ sovereign wealth fund, the First Abu Dhabi Bank (FAB), and investment firm IHC have planned to launch a Dirham-backed stablecoin. The token will be supported on the ADI blockchain, developed by an Abu Dhabi-based non-profit firm called the ADI Foundation.
-
Bitget, Avalanche Announce Partnership to Boost Web3 Adoption in India
Bitget and Avalanche have joined forces to contribute to India’s web3 infrastructure. As part of the partnership, the companies plan on initiating awareness campaigns and educational workshops on crypto safety and blockchain exploration throughout the year as part of the “HODL ON” tours.
-
Malaysia's Prime Minister Meets Binance Founder Changpeng Zhao to Discuss Web3, Blockchain Strategy
Malaysian Prime Minister Anwar Ibrahim met with Binance co-founder Changpeng Zhao on April 22. In his tweet, the Malaysian PM wrote that it is clear that government leadership is essential in driving blockchain adoption.
-
Ethereum's Upcoming ‘Pectra’ Upgrade to Improve Blockchain’s Stability, Efficiency: All Details
The “Pectra” upgrade is aimed at improving Ethereum’s efficiency, stability, and usability. With Pectra, Ethereum users will be able to replace traditional private key-controlled accounts with programmable smart contracts for greater flexibility and security. This will notably advance Ethereum’s “account abstraction” features.
-
Polygon to Shift Focus to Stablecoins Amid Rising Institutional Interest
Polygon plans to shift its focus to stablecoins as part of its roadmap for 2025. The crypto firm's founder Sandeep Nailwal said that the institutional interest in stablecoins has risen significantly, and industry players have started to prepare to cater to the demands around stablecoin custody and services. He stated that stablecoins make the bridg...
-
OM Token’s Sudden Plummet Stirs Rug Pull Fears, Mantra Blames ‘Sudden Liquidation’
Mantra Blockchain’s OM token suffered a sharp price drop over the weekend, which the team attributed to reckless liquidations, dismissing speculation of a hack or rug pull. The token fell by 90 percent in value from $6 (roughly Rs. 515) to $0.70 (roughly Rs. 60.5), raising alarms across the crypto community.
-
Kazakhstan and UAE Central Banks Sign MoU to Collaborate on VDA Regulations, CBDCs
The National Bank of Kazakhstan and the Central Bank of the UAE (CBUAE) have signed an MoU to collaborate on fintech, cybersecurity, and CBDCs, focusing on how UAE's financial hubs leverage blockchain and crypto for payments and transactions.
-
Will Jesus Christ Return in 2025? Crypto Enthusiasts Are Betting On It
Cryptocurrency enthusiasts are betting on Jesus Christ's Second Coming in 2025 through a blockchain-powered platform, with $160,932 in trading volume.
-
Solana Policy Institute Launched in Washington DC; Kristin Smith Named President
Founded by Miller Whitehouse-Levine, the Solana Policy Institute is a non-partisan, non-profit Web3 advocacy group based in Washington, DC. In the coming months, it will host educational sessions for US policymakers, featuring key leaders from the Solana ecosystem to provide in-depth insights into blockchain and crypto use cases.
-
CME Group Using Google Cloud’s Blockchain for Next-Gen Derivatives Exchange Upgrades
The CME group has announced its partnership with Google Cloud to explore blockchain services like asset tokenisation. Later this year, the companies will begin testing blockchain solutions for trading and tokenisation with market participants.
-
Trump Family's World Liberty Financial Crypto Venture to Launch Stablecoin
Donald Trump's World Liberty Financial will launch a dollar-pegged USD1 stablecoin. USD1 will be launched on the Ethereum and Binance Smart Chain blockchains - digital ledgers that underpin the movement of crypto coins.
-
TRN Odyssey Programme Goes Live, Opens Funding Opportunities for Web3 Game Developers
The TRN Odyssey initiative will fund promising Web3 gaming projects that are built on the TRN Layer-1 blockchain. Developers can fetch investments between $10,000 (roughly Rs. 8.5 lakh) and $1 million (roughly Rs. 8 crore) through this initiative.
-
ADGM, Chainlink Sign MoU to Explore Compliant Tokenisation Rules, Cross-Chain Interoperability
The Abu Dhabi Global Market (ADGM) has signed an MoU with Chainlink. Under the MoU, both entities have agreed to collaborate on regulatory discussions and educational awareness initiatives in the UAE.
-
South Korea’s Central Bank to Start CBDC Trials for Real-World Transactions: Reports
South Korea is set to begin testing the Digital Won CBDC for real-world transactions in April, according to local reports citing the Bank of Korea (BoK). The programme will evaluate blockchain technology’s role in finance while allowing the BoK to assess its potential for reshaping the country’s fintech ecosystem.
-
Arbitrum Launches 'Onchain Labs' to Support High-Risk, Experimental Web3 Ventures
Arbitrum has launched Onchain Labs, an incubator-style program offering industry guidance and technical support for experimental Web3 projects. According to an Offchain Labs blog, early-stage teams can customize Arbitrum’s offerings to test their app’s feasibility and scalability.
