The State Bank of Pakistan signed in new laws for Electronic Money Institutions — non-bank entities offering digital payment instruments — to ensure the timely issuance of a CBDC in the next three years. Read the full article here:
Crypto News
LandVault – An end-to-end metaverse solution
Sam Huber is the CEO and founder of LandVault, an end-to-end metaverse solution for Web2 and Web3 digital experiences. Read the full article here:
Elon Musk alleges SBF donated over $1B to Democrats: “Where did it go?”
SBF made the “highest ROI trade of all time” by donating $40 million to the right people for getting away with stealing over $10 billion, said Will Manidis, the CEO of ScienceIO. Read the full article here:
WAHED Projects Donates 5 Million WAHED Coins to Fund Autism Research and Therapy
Investment and philanthropy platform WAHED has donated 5 million of its utility token WAHED Coin to Fondazione Europea Alessandro Cenci (FEAC) at a private event in Rome Read the full article here:
How to keep your cryptocurrency safe after the FTX collapse
Sam Bankman-Fried’s fraud of misappropriating users’ funds have led investors to explore options that can help safeguard their investments. Read the full article here:
UnUniFi Protocol raises $1.5M in Seed Round to build the first Decentralized Cross-Chain NFTFi Platform with Auto DeFi Yield
UnUniFi has completed a $1,500,000 strategic fundraise led by gumi Cryptos Capital, with participation from Coincheck, Hyperithm, MZ Web3fund, Arriba Studio and gC Incubation. Read the full article here:
Hong Kong working on investor protection regulations, says central bank exec
Hong Kong central bank executive looked optimistic about the future of decentralized tech, while the Korean central bank governor has his doubts in the wake of the recent crypto contagion. Read the full article here:
Coincheck Labs Supports Web3 Development, Invests in UnUniFi Protocol
<p class="MsoNormal">Coincheck Labs, the accelerator and the venture capital arm of the <a href="https://www.financemagnates.com/tag/coincheck/" target="_blank">Coincheck </a>crypto exchange, has invested in UnUniFi Protocol, a Layer-1 blockchain and NFT Finance (NFTFI) service. The value of the financing was not disclosed.</p><p class="MsoNormal">According to the press release published by Coincheck Labs, UnUniFi Protocol enables users to borrow cryptocurrency assets… Continue reading Coincheck Labs Supports Web3 Development, Invests in UnUniFi Protocol
BlackRock CEO: FTX Token caused downfall, but tech still revolutionary
Despite taking issue with tokens created by centralized exchanges, BlackRock’s CEO sees securities tokenization as the next evolution of the financial market. Read the full article here:
Utherverse Partners with Tokensoft to Launch IDO for Native Metaverse Token
Utherverse, one of the largest metaverse platforms in the world, has signed a partnership agreement with Tokensoft, the leading technology platform for launching digital assets. Read the full article here: