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Algoracle Announces $1․5 Million Seed Round


PRESS RELEASE. Algoracle has recently announced the close of its seed round for $1.5 million (USD) to help accelerate the development and launch of Algorand’s native decentralized oracle network. Algoracle’s seed round was led by Borderless Capital, with major contributions from...

Japanese City to Launch Metaverse Project with Entertainment Industry Behemoth


  Local Japanese government bodies are set to begin metaverse projects – and may make use of NFTs and avatars in a new virtual space. The ball is beginning to roll in Yabu, a city in the nation’s Hyogo Prefecture, where local authorities have teamed up with Yoshimoto Kogyo, one of Japan’s biggest...

Global Regulators Consider Launching a Joint Body to Coordinate Crypto Rules


Global market regulators are likely to launch a joint body within the next year to better coordinate cryptocurrency regulations, said a top executive of the International Organization of Securities Commissions (IOSCO). A Global Body to Coordinate Crypto Rules Top executives at the International...

Report: Tanzania Closer to Launching a CBDC


Tanzania is getting closer to launching a central bank digital currency (CBDC) which gives the country’s residents a “safe alternative,” the central bank governor has said. However, no date for the digital currency launch has been given. Growing Interest in Cryptocurrencies...

Chinese Banks Launch Automatic Digital Yuan-to-Fiat Conversion Tools


  Chinese banks are exploring new methods of enabling digital yuan users to earn interest on their central bank digital currency holdings – with “smart management” tools that can detect when funds have been left idle for long periods of time.... Read More: Chinese Banks Launch Automatic Digital...

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