Farcaster founder teases Frames v2 ahead of full launch in 2025
A new and improved version of Frames will allow users to run full-screen applications inside the social media platform Warpcast.
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Crypto Custodian Copper Raised $8 Million for Expansion
Cryptocurrencies have always faced challenges when it comes to reducing risk and making themselves regulatory compliant for traditional investors. Providing custody for Bitcoin and others is becoming increasingly more complex due to the nature of crypto: whoever has control of the asset, owns the asset. While users typically had to store their own BTC private…
South Korean Ministry Drops Cryptocurrency Exchanges From Venture Enterprise Classification
The government of South Korea announced it had excluded cryptocurrency exchanges from legislation governing venture businesses in a press release issued Monday, August 13. The brief document from the country’s Ministry of Small and medium-sized enterprises (SMEs) and Startups (MSS) explained that contrary to previous decisions, it would now place exchanges alongside bars and nightclubs…
Mastercard Partners With Blockchain Firm R3 for Payments Solution
Mastercard partnered with blockchain firm R3 to develop a cross-border payment solution.According to a Mastercard press release published on Sept. 1, the two firms plan to pilot a new blockchain-enabled cross-border payment solution. The system will reportedly focus on connecting global faster payments infrastructures, schemes and banks.Multiple ways to move moneyPer the release, the announcement…
Shanghai Man: China’s version of McJob meme, eCNY airdrops, Canaan’s record revenue
This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations.Regulatory noiseIn this week’s column, the Man in Shanghai is determined to squeeze all of the regulatory noise into one section, so as not…
Emerging technologies can change the African financial landscape
Africa is the home to 1.2 billion people and what has been described as the world’s largest trade area — the African Continental Free Trade Area. Africa is forging a new path to driving development, and access to financial services will play a significant role in its economic growth. The need to provide improved systems…
Thai SEC and Cayman Islands regulator take action on Binance
Binance, the leading cryptocurrency exchange by trade volume, continues facing scrutiny from regulators regarding the legality of its operations in certain countries.Thailand’s Securities and Exchange Commission (SEC) and the Cayman Islands Monetary Authority (CIMA) are the latest financial regulators to announce a regulatory crackdown on Binance.Thai SEC announced Friday that the agency had filed a…
Avanti Announces ‘Cash-Equivalent Stablecoin Disruptor’
Avanti’s crypto-friendly bank is now planning to launch in October after its banking charter application was accepted by Wyoming’s banking regulator. 1208 Total views 11 Total shares Avanti Bank & Trust, Wyoming-based pioneering financial institution planning to offer services to the crypto industry, has announced plans for a ‘stablecoin disruptor’ that’s designed to modernize U.S.…
Cathie Wood’s Ark sells $2.7M Coinbase shares as BTC fails $70K retest
Cathie Wood’s crypto investment firm ARK resumed selling the Coinbase stock amid the Bitcoin price push in July.