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Coinbase, Animoca Brands Announce Web3 Accelerator Initiative in the UK
Coinbase, Animoca Brands, Fabric Ventures, and Founders Factory have announced an accelerator initiative in the UK, focused on Web3 projects. Alongside the cash reward, the initiative also offers 16 weeks of industry experience from Founders Factory, a startup accelerator firm based in London, UK.
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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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Mastercard Partners OKX, Nuvei to Launch Payment Ecosystem for Stablecoins
Mastercard has announced it will launch a a payment ecosystem allowing buyers and merchants to facilitate stablecoins transactions. In an official announcement released on April 28, Mastercard claimed that this system would be effective globally, covering over 150 million merchant locations.
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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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South Asian Crypto Investors are Cautious, Demand Advanced Crypto Awareness, Survey Shows
In its “Asia Crypto Security” report, Binance highlighted some crucial patterns observed in the Asian crypto market. Its report has highlighted that the demand for advanced security measures is intensifying in Asia’s crypto markets – where investors are cautious and frequent in their engagements with volatile crypto assets.
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New US SEC Chair Says Crypto Sector Deserves Clear Regulations
US SEC Chair, Paul Atkins has said that the crypto sector deserves clear regulatory rules. He spoked at the SEC's crypto roundtable, which the Republican leadership launched to weigh how securities laws may apply to digital assets.
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Bitcoin Price Rises Past $94,000 as Whales, Institutions Continue Aggressive Acquisition
The overall crypto market cap rose by 0.21 percent in the last 24 hours. While BTC logged minor gains, ETH settled with small losses. The movement of the altcoins indicate at prevailing volatility, however, analysts say the market sentiment is bullish.
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FIU-IND Reportedly Sets June 30 Deadline for Crypto Exchanges to Redo KYC Verification
The Financial Intelligence Unit of India (FIU-IND) has instructed all crypto exchanges to re-verify the KYC data of their users before June 30. The aim of this step is to maintain accurate details of crypto holders, while also identifying those flouting national crypto tax laws.
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US Bank Regulators Pull Back Guardrails on Bank Crypto Activities
US banking regulators have pulled back directives urging banks to show caution when dabbling in cryptocurrency. Under the prior guidance, regulators warned banks to be wary of volatility, legal uncertainty and liquidity risks when considering whether to provide crypto-related services or take on crypto companies as clients.
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Crypto Price Today: Bitcoin Price Hovers Around $93,000 as Altcoins Face Market Volatility
The overall crypto market valuation rose by 0.92 percent over the last day. While Bitcoin saw profits on Friday, Apri 25, Ether was struck with losses amid volatile market. Ripple, Dogecoin, and Tron logged price dips. Whereas Cardano, Leo, and Solana registered small gains.
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Russia to Establish Experimental Crypto Exchange for 'Highly Qualified Investors': Report
The Central Bank of Russia has proposed a project to test crypto activities under an experimental legal regime (ELR) owing to the volatility and risks associated with cryptocurrencies. Earlier in March, it proposed to conduct these crypto transaction trials with “highly qualified investors”.
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PayPal Rewards Programme for PYUSD Stablecoin Holders Launched in Bid to Boost Adoption
PayPal will start offering rewards to the holders of its PYUSD stablecoin to boost its adoption and uses. Talking about the development, PayPal CEO said that the company aims to enable its customers to experience the utility scope of stablecoins.
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Donald Trump To Host Biggest Holders Of His Cryptocurrency For Dinner
The $TRUMP memecoin was launched at the end of January, a few hours before the Republican billionaire's inauguration.
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Bitcoin Reportedly Overtakes Google, Amazon, Meta to Become Fifth-Largest Asset by Market Cap
Bitcoin’s market cap rose to $1.86 trillion (roughly Rs. 1,58,87,400 crore) on Wednesday, April 23. With this, Bitcoin became the fifth largest asset by market cap. At present, Google’s valuation stands at $1.859 trillion (roughly Rs. 1,58,80,690 crore), which is marginally lower than Bitcoin’s.
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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.
![Gadgets 360 With Technical Guruji: News of the Week [January 11, 2025]](https://c.ndtvimg.com/2025-01/gf6c7oc8_news_640x480_12_January_25.jpg?downsize=245:163 "Gadgets 360 With Technical Guruji: News of the Week [January 11, 2025]")
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Coinbase, Animoca Brands Announce Web3 Accelerator Initiative in the UK
Coinbase, Animoca Brands, Fabric Ventures, and Founders Factory have announced an accelerator initiative in the UK, focused on Web3 projects. Alongside the cash reward, the initiative also offers 16 weeks of industry experience from Founders Factory, a startup accelerator firm based in London, UK.
-
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.
-
Mastercard Partners OKX, Nuvei to Launch Payment Ecosystem for Stablecoins
Mastercard has announced it will launch a a payment ecosystem allowing buyers and merchants to facilitate stablecoins transactions. In an official announcement released on April 28, Mastercard claimed that this system would be effective globally, covering over 150 million merchant locations.
-
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.
-
South Asian Crypto Investors are Cautious, Demand Advanced Crypto Awareness, Survey Shows
In its “Asia Crypto Security” report, Binance highlighted some crucial patterns observed in the Asian crypto market. Its report has highlighted that the demand for advanced security measures is intensifying in Asia’s crypto markets – where investors are cautious and frequent in their engagements with volatile crypto assets.
-
New US SEC Chair Says Crypto Sector Deserves Clear Regulations
US SEC Chair, Paul Atkins has said that the crypto sector deserves clear regulatory rules. He spoked at the SEC's crypto roundtable, which the Republican leadership launched to weigh how securities laws may apply to digital assets.
-
Bitcoin Price Rises Past $94,000 as Whales, Institutions Continue Aggressive Acquisition
The overall crypto market cap rose by 0.21 percent in the last 24 hours. While BTC logged minor gains, ETH settled with small losses. The movement of the altcoins indicate at prevailing volatility, however, analysts say the market sentiment is bullish.
-
FIU-IND Reportedly Sets June 30 Deadline for Crypto Exchanges to Redo KYC Verification
The Financial Intelligence Unit of India (FIU-IND) has instructed all crypto exchanges to re-verify the KYC data of their users before June 30. The aim of this step is to maintain accurate details of crypto holders, while also identifying those flouting national crypto tax laws.
-
US Bank Regulators Pull Back Guardrails on Bank Crypto Activities
US banking regulators have pulled back directives urging banks to show caution when dabbling in cryptocurrency. Under the prior guidance, regulators warned banks to be wary of volatility, legal uncertainty and liquidity risks when considering whether to provide crypto-related services or take on crypto companies as clients.
-
Crypto Price Today: Bitcoin Price Hovers Around $93,000 as Altcoins Face Market Volatility
The overall crypto market valuation rose by 0.92 percent over the last day. While Bitcoin saw profits on Friday, Apri 25, Ether was struck with losses amid volatile market. Ripple, Dogecoin, and Tron logged price dips. Whereas Cardano, Leo, and Solana registered small gains.
-
Russia to Establish Experimental Crypto Exchange for 'Highly Qualified Investors': Report
The Central Bank of Russia has proposed a project to test crypto activities under an experimental legal regime (ELR) owing to the volatility and risks associated with cryptocurrencies. Earlier in March, it proposed to conduct these crypto transaction trials with “highly qualified investors”.
-
PayPal Rewards Programme for PYUSD Stablecoin Holders Launched in Bid to Boost Adoption
PayPal will start offering rewards to the holders of its PYUSD stablecoin to boost its adoption and uses. Talking about the development, PayPal CEO said that the company aims to enable its customers to experience the utility scope of stablecoins.
-
Donald Trump To Host Biggest Holders Of His Cryptocurrency For Dinner
The $TRUMP memecoin was launched at the end of January, a few hours before the Republican billionaire's inauguration.
-
Bitcoin Reportedly Overtakes Google, Amazon, Meta to Become Fifth-Largest Asset by Market Cap
Bitcoin’s market cap rose to $1.86 trillion (roughly Rs. 1,58,87,400 crore) on Wednesday, April 23. With this, Bitcoin became the fifth largest asset by market cap. At present, Google’s valuation stands at $1.859 trillion (roughly Rs. 1,58,80,690 crore), which is marginally lower than Bitcoin’s.
-
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.
