1inch Network, in collaboration with crypto card developer Baanx and payment giant Mastercard, announced the launch of the 1inch Card. The new web3 debit card aims to simplify the use of cryptocurrencies for everyday transactions. “The 1inch Card will allow users to use their crypto for online and in-person purchases and make cash withdrawals at supported ATMs through seamless...
Nigerian authorities arraigned Binance executive Tigran Gambaryan before an Abuja High Court on April 8, where the employee denied allegations and applied for bail. The senior Binance U.S. executive pleaded not guilty to money laundering charges before a Nigerian Federal High Court in the country’s capital as the government began its case against the cryptocurrency exchange. Gambaryan’s...
The TON Society has partnered with AI company HumanCode to implement an identity verification mechanism. According to today’s TON Society post, 1 million TON, valued at nearly $5.9 million, has been allocated for the initiative as an incentive for completing verification. The funds will be distributed among TON Society members, who will confirm their identity using...
Following a challenging period for crypto startups, venture capital investments saw a significant uptick in 2024. According to recent reports from Bloomberg, VC funds increased by nearly one-third from the end of last year. During the first three months of 2024, investments in crypto startups hit $2.5 billion, marking a 32% rise from the preceding quarter and...
Due to the ongoing meme coin frenzy, DEXs on the Solana network have taken up the majority of trading volume over the past 24 hours. According to CoinGecko, Solana-based decentralized exchanges (DEXs) accounted for most trading volume over the past 24 hours. The top three were Raydium, Jupiter, and Orca. Raydium’s volume in the last 24...
Digital asset investment products have reached a record inflow for the year after receiving $646 million from investors mainly interested in Bitcoin last week. According to CoinShares, cryptocurrency investment vehicles have garnered over $13.8 billion in 2024’s first four months. The milestone coincided with interest in Bitcoin (BTC), as the token experienced demand from Wall Street...
Malaysia's Graphjet Technology said on Monday it would build a commercial artificial graphite production facility in Nevada, as the U.S. looks to reduce its dependence on China for the electric-vehicle battery component. Graphjet, which holds patents in producing graphite and graphene from agricultural waste, said the facility could produce 10,000 metric tons of battery-grade graphite -...
KUALA LUMPUR: Traffic flow on several major highways was reported to be smooth as of 9pm on Monday (April 8), with no severe congestion reported. A spokesperson from the Malaysian Highway Authority (LLM) said the traffic situation at the Jalan Duta Toll Plaza (northbound) and Sungai Besi Toll Plaza (southbound) was under control, although there was...
SIBU: A retiree was shocked to find out that his late mother's unclaimed money has gone missing from the unclaimed money accounts. The victim, Lau Kah Lee, 65, had earlier found out via the eGumis portal at https://egumis.anm.gov.my/ that there was RM116,000 belonging to his late mother, who passed away in 2008. "On Dec 25 last year, I submitted...
PETALING JAYA: Umno Youth chief Dr Muhamad Akmal Saleh has accepted the explanation from the company involved in the controversy over shoes with a logo said to resemble the word "Allah" in Arabic script. Verns Holdings Sdn Bhd, in a statement Sunday (April 7), said that the logo was actually a stylised depiction of a high-heeled...
