Core Foundation has announced a $5 million innovation fund to promote India’s Web3 communities. The move comes at a time when the country is fast emerging as a global hub for web3 innovation. Announced on Thursday, the fund aims to further India’s decentralized application ecosystem on Core Chain – EVM-compatible blockchain secured on Bitcoin. “The...
During this year’s World Police Summit in Dubai on March 5-7, the United Arab Emirates made headlines by adopting Cardano blockchain technology to enhance the security of its criminal investigations. The Dubai Police’s use of the technology marks a major step towards blockchains integration into the mainstream. The showcase with the Cardano-based project evidenced the...
As Bitcoin price dips to $68,380, shedding nearly 0.50% on Monday, market watchers eye pivotal movements and strategic investment shifts. Amidst this fluctuating landscape, BlackRock’s iShares Bitcoin ETF emerges as a dominant force, overshadowing MicroStrategy with a staggering 195,985 Bitcoin accumulation. This remarkable growth, fueled by institutional interest and strategic spot ETF introductions in the...
Eclipse Labs, a multilayered blockchain builder, has raised $50 million in funding to fuel the launch of its solution for scaling the Ethereum network. The announcement was made on March 11 via the X (formerly Twitter) handle, just weeks before the mainnet launch. Eclipse Labs’ Developer-First Focus Approach Eclipse Labs offers a flexible Layer-2 solution...
London’s most affluent residents are now paying their rental in cryptocurrencies, in most sought after locations in the city.crypto pay Knightsbridge Prime Property (KPP), a real estate company which specialises in the rental and sale of high-end luxury property in Central London, has completed a £45,000 a week rental transaction in Bitcoin. Announced Friday, the...
MicroStrategy’s billionaire executive chairman, founder and former CEO Michael Saylor has just sold $800 million in convertible senior notes to add to his company’s ~ $13 billion Bitcoin war chest. Saylor made the announcement in a tweet on his X profile. MicroStrategy Completes $800 Million Offering of Convertible Notes at 0.625% Coupon and 42.5% Conversion...
Crypto friendly American asset manager Ark Invest sees Bitcoin’s price hitting $1 million before 2030, according to CEO Cathie Wood in a recent interview with the New Zealand Herald. Hard-talking Bitcoin maxi Wood already eyed a projection of $1.5 million earlier this year in an interview with CNBC. At the time, Wood said a “bear...
The Singapore stock market turned lower again on Thursday, one day after ending the three-day losing streak in which it had slipped almost 35 points or 1.1 percent. The Straits Times Index now sits just beneath the 3,135-point plateau although it figures to bounce higher again on Friday. The global forecast for the Asian markets...
Japan posted a current account surplus of 438.2 billion yen in January, the Ministry of Finance said on Friday. That exceeded expectations for a deficit of 330 billion yen following the 744 billion yen surplus in December. Imports were down 12.1 percent on year to 8.783 trillion yen and exports gained an annual 7.6 percent...
-- Most Asian stocks fell on Monday, tracking a weak lead-in from Wall Street as anticipation of key U.S. inflation data kept markets on edge, while Japanese shares fell sharply amid growing conviction that the Bank of Japan will raise interest rates soon. Regional markets fell tracking a sharp decline in Wall Street on Friday,...