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DLT Viable Solution For Cross-border, Multi-currency Payments – New York Fed/MAS Study

Posted on: May 27, 2023, in ZyCrypto

In a May 18, 2023 press release, the New York Fed and the Monetary Authority of Singapore (MAS) published the results of a research study, known as Project Cedar Phase II x Ubin+. Project Cedar is a Federal Reserve Bank of New York’s New York Innovation Center initiative that seeks to develop a technical framework […]

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Avorak AI Secures Massive OTC Deal With Private Bitcoin Miner

Posted on: May 27, 2023, in ZyCrypto

The deal dominating Bitcoin news features a reported massive OTC deal between Avorak AI and a private Bitcoin miner. The over-the-counter deal has potential implications for the institutional market and the future of AI-powered platforms. What Is an OTC Deal? An over-the-counter (OTC) deal is a transaction between parties out of a formal exchange. OTC […]

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DigiToads (TOADS) Presale Shows Tremendous Potential Along with LINK, DOT

Posted on: May 27, 2023, in ZyCrypto

Experts predict DigiToads will become one of the top crypto coins due to its tremendous presale success.  The rapid accumulation of TOADS while still in its Lilypad 6 presale stage has led many to bet on a 400x profit return of this crypto asset. With DigiToads selling more than 70% of its allotted TOADS tokens […]

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Suitability Of Crypto Products To Be Included In Regulatory Frameworks – IOSCO Recommendation

Posted on: May 27, 2023, in ZyCrypto

According to a May 23, 2023 media release, the International Organization of Securities Commissions (IOSCO) issued global recommendations to jurisdictions on the regulation of crypto and digital asset markets. IOSCO has requested comments on its recommendations through public consultation by July 31, 2023. ‘Retail access, suitability, and distribution’ of crypto assets is one of the […]

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Ripple Mulls Making Key Acquisitions in Crypto-Friendly Countries — Can It Boost XRP To $1?

Posted on: May 27, 2023, in ZyCrypto

Prominent blockchain-based payment solutions company, Ripple, is contemplating making strategic acquisitions in crypto-friendly countries in a bid to expand its business model.

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VISA Explores the Potential of Smart Contracts for Payments with Ethereum

Posted on: May 27, 2023, in ZyCrypto

Global financial services behemoth VISA recently shared a range of significant milestones in its ongoing pursuit of digital asset payments and seamless crypto onboarding. In a blog titled “Rethinking Digital Transactions with Account Abstraction” earlier this week, the firm disclosed it is now exploring how gas fees can be redesigned using Account Abstraction on the […]

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World Mobile announces the successful launch of its commercial telecom network in Zanzibar

Posted on: May 27, 2023, in ZyCrypto

The successful opening of World Mobile’s commercial telecom network in Zanzibar has been announced. Zanzibaris can now take use of mobile data that is 50% less expensive than the national average, thanks to World Mobile’s formal launch in the East African region. The release of World Mobile’s Android app on Google Play has helped the […]

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Bitcoin Exchange Inflows Tap 6-Year Low as Investors Take Flight to Self-Custody

Posted on: May 27, 2023, in ZyCrypto

It has been a relatively stable week for Bitcoin, with the leading cryptocurrency by market capitalization witnessing minimal fluctuations in its price. 

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Mooky’s Crypto Presale Round Garners Over $578k in Barely 2 Months

Posted on: May 27, 2023, in ZyCrypto

Mooky, a remarkable crypto startup dedicated to revolutionizing the crypto space while positively impacting the planet, has captivated the crypto community’s attention with its ongoing presale rounds, raising an impressive $578k in just seven weeks. According to an official release, this incredible presale round has positioned Mooky as the hottest contender for explosive growth in […]

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Binance Assists US Law Enforcement in Seizing $4.4M Linked to North Korean Organized Crime, Freezes Accounts

Posted on: May 27, 2023, in ZyCrypto

In the latest development in the fight against cybercrime, Binance, the world’s leading cryptocurrency exchange, has collaborated with US law enforcement to seize $4.4 million and freeze accounts connected to North Korean organized crime. On Wednesday, May 24, Binance took to Twitter to express its fulfilment in its collaboration with US law enforcement agencies, highlighting […]

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