Innovations in the ride-hailing industry continue to shape the way we commute on a daily basis. Decentralized taxi app DRIFE has taken a step further by integrating Layer 1 Sui blockchain into its platform. This integration aims to offer a seamless and simplified onboarding process for ride-hailing users in India and the UAE, providing a
Blockchain
Data Ownership Protocol has recently announced a successful token sale, raising an impressive $162 million ahead of its mainnet launch. The protocol, which focuses on blockchain privacy, aims to provide users with full control over their data while ensuring privacy and regulatory compliance. The token sale, which is now completed, is touted as the ninth-largest
Crypto.com, a leading cryptocurrency exchange platform, is set to launch its app in South Korea on April 29. This move comes after obtaining regulatory approvals, allowing retail customers in the country to trade over 150 cryptocurrencies and explore exclusive non-fungible token (NFT) projects. With the launch of the app, retail users will be able to
China’s government recently made a significant announcement regarding a pioneering initiative spearheaded by Conflux Network. The initiative, known as the “Ultra-Large Scale Blockchain Infrastructure Platform for the Belt and Road Initiative,” marks a pivotal moment in China’s utilization of blockchain technology to facilitate secure cross-border transactions. The main objective of this project is to establish
Degen Chain, a layer-3 blockchain built on top of the Base network, has recently caught the attention of both investors and traders due to its rapidly increasing transaction volumes, nearly hitting $100 million in just 24 hours. The network, which only started operating four days ago, has already processed over 272,000 unique transactions. Despite these
Tinkoff Bank, one of the major players in the Russian banking sector, has recently obtained a license to issue and sell “digital financial assets” (DFAs) in the country. This move comes in the wake of its main competitor, Sberbank, launching its own DFA trading platform. The Central Bank of Russia officially approved Tinkoff Bank as
Vitalik Buterin, the Ethereum co-founder, recently made headlines in the South Korean tech hub city of Pangyo over the weekend. His visit to South Korea was to attend various events, including an Ethereum-related conference. Buterin was seen walking the streets of Pangyo, a tech-focused town in Seongnam, Gyeonggi Province, and even working on his laptop
Grayscale, a well-known digital asset management firm, has recently announced the launch of a new fund named GDIF, which is aimed at millionaire investors interested in proof-of-stake tokens. This fund, the Grayscale Dynamic Income Fund, marks a shift for Grayscale as it is their first actively managed investment product designed to optimize income through staking