Australia Reevaluates Laws for Crypto Wallets on Apple and Google

The Australian government says it’s considering new laws for more regulated digital payment and crypto services from major tech companies like Apple and Google.  Treasurer Josh Frydenberg said the government will “carefully consider” recommendations stemming from a report on digital wallet services. The report proposes whether the payment systems kept up with technology advances and

Polkadot-Powered Parallel Finance Raises $22 Million for DeFi Products

More venture capital funds are flowing into decentralized finance (DeFi) protocols with Parallel Finance becoming the latest to secure a multi-million dollar funding round. In an announcement on Aug 30, Polkadot-powered Defi lending and staking protocol Parallel Finance said that it had raised $22 million in a Series A funding round that valued it at

Ethernity CLOUD Brings Security and Data Confidentiality to Industry

Ethernity CLOUD is a decentralized cloud computing platform promising high security, data confidentiality, and high availability.  It’s one of the first-of-its-kind initiatives that aim to leverage blockchain technology to address the follies of legacy cloud computing networks. Additionally, Ethernity Cloud also brings network participants a practical way to earn passive income with minimal investment. But,

The NFT World Comes to Life with Nuzai Network Solutions

Non-fungible tokens (NFT) paved the way to the era of meta-universes populated with digital people – avatars. The next step is creating a virtual world integrated into real-life via augmented reality (AR) technologies. NFT tokens will be integrated into augmented reality NFT creators ещ donate $1 million to charity The new NFT collection will include

Dexalot Ready for Mainnet After Successful Testnet Launch

What is Dexalot? Dexalot is the first decentralized exchange with a central limit order book on the Avalanche blockchain platform. The Avalanche community has started testing the application in early August and it will be available on mainnet in the third quarter of 2021. With functionality and interface features that rival centralized exchanges, it is

FTX Debt Financing Liquid Crypto Exchange

FTX Trading Ltd. is providing $120 million in debt financing to crypto-fiat exchange Liquid less than a week after the latter suffered an $80 million hack. In addition to the financing, the companies have entered good faith discussions to potentially further collaborative opportunities. The partnership hopes to combine Liquid’s regulatory framework with FTX’s financial expertise

DeFi Platforms Euler, Apricot Finance Raise Millions in Latest Funding Rounds

The latest decentralized finance (DeFi) protocols to raise big bucks from the venture capital giants are lending protocol Euler and leveraged yield farming platform Apricot. In an announcement on Aug 25, Euler Finance stated that its Series A financing round has raised $8 million and was let by Paradigm.   A number of high profile

South Korean Crypto Exchanges Start Receiving Regulatory Compliance Certifications

21 South Korean crypto exchanges out of 63 that applied have received the ISMS certification from authorities, which deems them as having met various protection standards. South Korea’s government has revealed that 21 crypto exchanges have received certification declaring that they are regulated. Local media outlet Yonhap Infomax reported the news, which notes that the