Overview of Major Events

The United Arab Emirates is gradually becoming a well-known Bitcoin mining centre in the Middle East. The country has become an attractive destination for cryptocurrency business, with over 30 free economic zones and increasing participation in Bitcoin mining activities. It all started when ...

Taiwan's Ministry of Justice has reported an increase in the use of Bitcoin for bribes. Cash is no longer the only form of payment in corruption cases; Bitcoin, Ethereum and other digital currencies are gaining popularity among corrupt individuals. Authorities have expressed concern that these ...

Twitter Payments LLC (the social network is blocked in Russia), a subsidiary of Twitter social network Elon Musk, has been licensed to introduce payments in three US states. Regulators in Michigan, New Hampshire and Missouri have given the green light to an app that brings Twitter closer to ...

DeFi investment platform Bitlocus and cryptocurrency banking company Striga have announced the joint introduction of a debit card that can be used to make digital payments. Cryptocurrency cards will make it possible to pay for goods at more than 70 million retail outlets worldwide. These cards can ...

The Financial Sector Supervisory Authority of South Africa (FSCA) has said that all cryptocurrency exchanges should obtain a licence by the end of this year.  The FSCA has already accepted around twenty applications and more are expected by November 30. Unathi Kamlana, a representative of the ...

Macquarie University in Australia has created a chatbot designed to apprehend phone scammers. Experts say it could help reduce the number of fraudulent calls. Dali Kaafar, a professor at Macquarie University, was the one who came up with Apate, a chatbot based on AI (artificial intelligence) ...

The Securities and Exchange Commission of Thailand (SEC) recently issued new guidelines that prohibit crypto-service providers (VASPs) from using investor funds for lending and investments.  The measure was taken to ensure investor protection. The new rules will take effect on July 31, 2023. ...

On July 2, the DeFi Poly Network project faced a major hack in which an attacker was able to fabricate billions of digital coins on various blockchains. The hacker used a loophole in the bridge protocol to produce BUSD, BNB and SHIB tokens on several blockchains, such as Ethereum, BNB Chain, ...