Japan has taken strides of late to adopt and integrate decentralized technologies within both government and businesses. Japan’s regulatory and political environment for crypto and Web3 technologies has been evolving rapidly over the past several years. The Financial Services Agency of Japan reported in December 2022 it planned to lift restrictions on foreign-issued stablecoins in…
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Web3 interoperability integration between Radix and LayerZero, launching in the second half of 2023, enables cross-chain communication and asset transfers, unlocking omnichain functionality for DApps and assets. Web3 interoperability is important to building a decentralized ecosystem that is scalable, secure and provides a seamless user experience. Radix, a Layer-1 protocol, has partnered with LayerZero, an…
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Cardano is one of the largest layer-1 blockchains by market capitalization, but what does the DeFi ecosystem offer for staking? Cardano is one of the largest layer-1 blockchain solutions by market capitalization. The project is being driven by Input-Output (a Charles Hoskinson company), Emurgo and the Cardano Foundation. The chain was named after the Italian…
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At a London fintech conference, CEO Brian Armstrong disclosed that Coinbase might consider leaving the U.S. due to the lack of regulatory clarity in the country. United States cryptocurrency exchange Coinbase is gearing up for a lengthy legal battle with the Securities and Exchange Commission (SEC) after the regulator warned the company of potential securities…
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Amber’s review of its Japan operation is part of a strategic shift toward institutional business, away from retail business. Amber Group, a Singapore-based crypto lender, is considering selling its Japanese unit as part of its plan to focus more on institutional business rather than retail business, Bloomberg reported. According to managing partner Annabelle Huang, Amber…
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The crypto industry needs to prepare for increasing government pressure as it ramps up its challenge to the State monopoly over money, says ShapeShift CEO Erik Voorhees. Despite the unprecedented regulatory pressure that crypto has been facing recently in the United States, the fight between the American government and the crypto industry has just started,…
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“This is not a drill,” wrote Uniswap Labs, the company behind one of the world’s leading decentralized exchanges. “The Uniswap mobile wallet is out of Apple jail and now live in most countries.” Uniswap Wallet is developed by the Uniswap Labs team, inventors of the Uniswap Protocol. The tech giant approved the app for use…
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Experts believe that decentralized systems can help secure the integrity and objectivity of data being fed to AI systems, but there still exist very clear limitations. Projects rooted in artificial intelligence (AI) are fast becoming an integral part of the modern technological paradigm, aiding in decision-making processes across various sectors, from finance to healthcare. However,…
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Nigerian crypto and Web3 company Lazerpay shuts down after failing to raise funds and advises users to withdraw before April 30. Nigerian crypto and Web3 company Lazerpay announced on April 13 that it is shutting down its operations. According to a statement released on Twitter by Lazerpay founder and CEO Emmanuel Njoku, the decision to…
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As previously announced by ETHGlobal, the first-ever Pragma summit kicked off the wider ETHGlobal Tokyo hackathon on Thursday as a “hub for high-quality talks and as a forum of discussion for builders and leaders from the Ethereum ecosystem and beyond.” The event, emceed by Kartik Talwar of ETHGlobal, featured on-stage interviews with Aya Miyaguchi of…
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