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Business

Middle East, North Africa record the highest growth in virtual assets adoption in 2022: Chainalysis
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10 October, 2022

Middle East, North Africa record the highest growth in virtual assets adoption in 2022: Chainalysis

The MENA region processed digital asset trade worth nearly $600 million in a 12-month window, according to a Chainalysis report.
SWIFT makes significant progress in CBDC experiments, poised to flip cross-border payments
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10 October, 2022

SWIFT makes significant progress in CBDC experiments, poised to flip cross-border payments

SWIFT's two experiments conducted in recent months proved that it was possible to move CBDCs on existing financial infrastructure.
Estimated $4B laundered via DEXs, coin swaps and bridges: report
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9 October, 2022

Estimated $4B laundered via DEXs, coin swaps and bridges: report

Elliptic says that coin swaps cater almost exclusively to criminals and moved $1.2 billion while cross-chain bridges were used to...
Philippines CBDC would not be worthwhile at this point, finance chief says
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9 October, 2022

Philippines CBDC would not be worthwhile at this point, finance chief says

Benjamin Diokno, who previously headed the central bank, believes that payment systems in the Philippines such as PesoNet are working...
Three Arrows Capital NFT collection liquidated as part of bankruptcy proceedings
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9 October, 2022

Three Arrows Capital NFT collection liquidated as part of bankruptcy proceedings

Confirming that it was in possession of the digital collectibles, Teneo revealed that it would begin selling the NFTs at...
New offering allows K-pop fans to engage with idols via distributed ledger technology
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8 October, 2022

New offering allows K-pop fans to engage with idols via distributed ledger technology

In line with the rapid transformation of the entertainment industry, Dunamu Inc looks to boost its revenue while promoting further...
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