United Arab Emirates (UAE)’s Ministry of Economy has joined hands with the Arab Federation of Capital Markets (AFCM) to kickstart a challenge that encourages fintechs to create a know-your-customer (KYC) verification system based on blockchain
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A new report by one of the Big Four accounting firms, KPMG, reveals that investment in the crypto and blockchain space grew 5.5 times the previous year to more than a record $30 billion in
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Benedetto Vigna – CEO of Ferrari – felt that the blockchain and NFT industry are niches that “deserve some attention”. As such, the executive hinted that the luxury sports car maker may continue its cryptocurrency
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The National Football League (NFL) has announced the American football organization plans to give fans virtual commemorative tickets in the form of non-fungible tokens (NFTs) for the upcoming Super Bowl LVI in Los Angeles. The
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The Coachella Valley Music and Arts Festival is stepping into non-fungible token (NFT) technology space, according to the festival’s official Twitter account. Coachella partnered with the crypto exchange FTX US, and the NFTs are minted
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On February 1, the blockchain infrastructure firm Consensys has revealed it has acquired the Ethereum-based wallet Mycrypto and plans to merge the wallet into Metamask. The price Consensys paid for Mycrypto was not disclosed but
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The Canadian singer Justin Bieber has purchased a Bored Ape Yacht Club (BAYC) non-fungible token (NFT) for 500 ethereum or $1.29 million at the time of settlement. Bieber has a significant collection of NFTs and
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Asia-based medical services company Zuellig Pharma has developed a blockchain platform to improve its vaccine tracking service and prevent accidents that could compromise public health. eZTracker, Zuellig Pharma’s management system, guarantees the authenticity of vaccines,
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Better wallets are needed to solve Web3’s scaling bottleneck. A lack of user-friendly wallets are hindering mass adoption. Web3 has an adoption problem: despite all the hype, only a tiny fraction of the population has ever used
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Following a series of significant network developments over the past few months, Cardano is already being pushed to its processing limits. Its blockchain load has been above 90% for the past eight days – the
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