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Switzerland’s Postfinance Launches Crypto Trading and Custody Service

21.2.2024
Swiss Post’s financial subsidiary, Postfinance, has launched a new cryptocurrency trading and custody service. Customers can use the service to “purchase or securely store an initial range of 11 cryptocurrencies at the click of a mouse or even set up a crypto saving plan,”...

Ethiopia Explores Crypto Mining with New Hong Kong Data Center Deal

16.2.2024
Ethiopia has inked a memorandum of understanding with Data Centre Service, a subsidiary of Hong Kong’s West Data, to build a $250 million data mining infrastructure project in the country. Data centres provide the facilities to host large-scale Bitcoin mining operations. The East African...

Injective and Solana achieve cross-chain name service

16.2.2024
Injective announced that it, along with Solana, has achieved cross-chain name service. This fuels interoperability with the first-ever omnichain domain release for both sides. This eliminates the need to change the domain while interacting with other ecosystems. Hence, offering an enhanced...

Umoja Launches Beta Hedging Service to Bolster Crypto Investment Safety

14.2.2024
On Tuesday, the crypto platform Umoja unveiled its beta version of hedging-as-a-service, designed to shield users from crypto losses. Umoja’s mission is to enhance the safety and accessibility of crypto investments, opening up hedging opportunities in a market valued at $500 trillion. Umoja...

Immortals Of Aveum Proves It's A Grim Time For Single-Player Games

13.2.2024
In 2024, AAA games are often built around the idea of continuous revenue streams with microtransactions and live-service elements. Perhaps it’s corporate delusion that makes leadership think a needlessly large budget makes for a better game, but making adequate money back on a big-budget...

Crypto Infrastructure Firm Aquanow Obtains VASP License in Dubai

13.2.2024
Canadian-based crypto infrastructure firm Aquanow acquired a Virtual Asset Service Provider (VASP) license from financial authorities in Dubai. In a Feb 12 announcement, Aquanow disclosed that it received the regulatory nod from the Virtual Assets Regulatory Authority (VARA) in Dubai to offer...

Kraken Obtains VASP Registration From Dutch Central Bank

8.2.2024
Crypto exchange Kraken was granted a virtual asset service provider (VASP) registration from the Dutch Central Bank today. Kraken announced the acquisition of its fourth European VASP license, which will make its services available to customers in the Netherlands. Another milestone in our European...

Ransomware Payments Hit Record $1 Billion in 2023: Chainalysis

7.2.2024
Criminals made off with a staggering $1 billion in cryptocurrency ransomware payments in 2023, per the latest insights from Chainalysis’ 2024 “Crypto Crime Report.” The report highlights a surge in sophisticated attacks targeting high-profile institutions and critical...

Crypto Custody Firm Fireblocks Latest to Cut Jobs Amid Tech Layoffs

7.2.2024
Crypto custody provider Fireblocks has announced a reduction in its workforce as part of a restructuring effort. In a recent interview with Bloomberg, Fireblocks said it has been working on restructuring its go-to-market and customer support operations over the past six months. The goal is...

Honkai: Star Rail Added A Feature Every Live-Service Game Needs

7.2.2024
Honkai: Star Rail released its first major update this week in the form of version 2.0 It adds a cornucopia of new content for trailblazers to explore, including a continuation of the main quest, new characters, and the new Penacony area. I’ve only spent a short amount of time with version 2.0...

South Korea Imposes Stricter Punishments For Crypto Trading Offenses

7.2.2024
South Korea’s financial regulators have slated July 19 for the implementation of the Virtual Asset User Protection Act and the Virtual Asset Industry Supervision Regulations. According to local media outlets, The Financial Service Commission (FSC) disclosed on Feb 7 the date for both regulations...

ENS Partners Godaddy to Link Domains and Web3 Addresses

7.2.2024
Ethereum Name Service (ENS), a Web3 service provider, and Godaddy, a domain and web hosting company, announced they are partnering to link domains with Web3 addresses. The link between current internet domains and Ethereum-based domain services will allow users to leverage their current domain...

B2C2 Secures VASP Registration Ahead of MiCA Implementation

7.2.2024
UK-based digital asset liquidity provider B2C2 has secured a virtual asset service provider (VASP) registration expanding its operations to Luxembourg ahead of new rules being implemented in Europe. The Markets in Crypto Assets Regulation (MiCA), due to take effect this year, is the European...

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