In an interview with Tucker Carlson, the elusive Telegram CEO Pavel Durov emphasized that crypto’s focus on privacy and security may soon be undermined by surveillance hardware. Despite the increasing role of governments as they involve themselves in privacy matters, Telegram CEO Pavel Durov is still optimistic about the future, saying those who care about privacy could still...
New Zealand’s central bank has started exploration into launching a central bank digital currency, with ongoing investigation projected until approximately 2030. The Reserve Bank of New Zealand is now exploring the introduction of a central bank digital currency (CBDC) also known as “digital cash,” as innovations in money and payments are “challenging New Zealand’s monetary sovereignty,” according to...
Cryptocurrency-focused service providers in Canada will face stricter regulatory mandates after new laws were introduced in the nation’s 2024 federal budget. Announced on April 16, the budget plans to enforce the Crypto-Asset Reporting Framework (CARF), a system approved by the Organisation for Economic Co-operation and Development (OECD) in August 2022. The move came in response to the G20’s mandate in 2021, which required...
Crypto.com’s venture arm has scaled back its investment activity as the sustainability of surging valuations in the sector becomes less evident. Crypto.com Capital, a venture arm of the company of the same name which had $500 million available for investments in startups in the sector as of January 2022, has reduced its investment activity over the past...
CoinGecko experts published a report on the crypto market for the first quarter, noting the growth in sector capitalization. In the first quarter, the crypto market showed growth, according to a CoinGecko report. The segment’s capitalization grew by 64.5%, reaching a peak of $2.9 trillion in March. In total, capitalization increased by $1.1 trillion. The report indicates that this...
BytePlus has partnered with Mysten Labs to integrate its recommendation solutions and augmented reality technologies into the Sui blockchain. BytePlus, a subsidiary of ByteDance, selected Sui for its capabilities in supporting gaming and social applications. Sui provides features such as zero-knowledge proofs for user authentication and sponsored transactions designed to simplify user access. BytePlus offers services, including content distribution networks, personalization...
Over 135 traditional financial institutions are providing crypto banking support as blockchain assets have recently experienced rapid adoption and mainstream press. According to a joint report from Finery Markets and Coincub, analysts noticed a sharp increase in rails between banks and digital assets, with more money houses tapping decentralized finance utility. The phenomenon was spotted in regions worldwide, but...
SINGAPORE: All employers in Singapore must fairly consider formal requests from employees for flexible work arrangements (FWAs) from Dec 1, 2024, under the new Tripartite Guidelines on Flexible Work Arrangements. The compulsory guidelines were unveiled on April 15 during a company visit to the Ridout Tea Garden outlet of fast-food chain McDonald’s attended by the three...
Two members of a notorious criminal gang were arrested by Indian police for firing at the home of Bollywood actor Salman Khan (pic) in retaliation for the superstar’s killing of two antelopes. The Bishnoi gang, accused of several murders and extortion rackets, hails from a wider desert-based religious sect that considers the species to be the...
SINGAPORE (The Straits Times/ANN): All 12 crew members of a Tanzania-flagged freighter were rescued after the vessel caught fire on April 16 in Singapore waters, off Pedra Branca. In a statement on April 16, the Maritime and Port Authority of Singapore (MPA) said it was alerted to the blaze on the Layur Anggun (LA8) at 12.50pm. According...
