South Korea to Launch Pilot Program for Digital Currency with 100,000 Citizens

South Korea is set to launch a groundbreaking project involving digital currency as part of its efforts to modernize its financial infrastructure. Starting in the fourth quarter of 2024, the country will initiate a pilot program with the participation of 100,000 citizens, marking a significant step towards the nationwide implementation of digital currencies.The pilot program, […]

Blast Platform Achieves $400 Million TVL Amidst Ponzi Scheme Claims

Blast, a recently launched platform in the crypto finance landscape, has been making waves despite facing allegations of being a Ponzi scheme. The founder, Tieshun Roquerre, has vehemently denied these claims and clarified that the platform’s 4 to 5% yield is derived from reputable platforms like Lido and MakerDAO. With a Total Value Locked (TVL) […]

Politician Arrested in Connection with $246,153 Crypto Theft

The Nigeria Police Force has announced the arrest of a politician, Ambassador Wilfred Bonse, in connection with the theft of over $246,153 from Patricia Technologies’ crypto wallet. Bonse is accused of assisting hackers in laundering $61,538 from the stolen funds. The police have made significant progress in investigating the financial fraud case, which involves criminal […]

Ripple Partners with Uphold to Enhance Cross-Border Payments with Liquidity Management Expertise

Ripple, the company behind the XRP cryptocurrency, has announced a new partnership with Uphold, a Web3 financial platform specializing in liquidity management. The aim of this partnership is to enhance Ripple’s cross-border payment network by leveraging Uphold’s expertise in liquidity management. Ripple offers a comprehensive suite of financial solutions to both enterprise-level clients and mass […]