Funding Roundup: Fresh Capital Aims to Advance Blockchain Product and Service Capabilities
Beyond expanding the reach of blockchains’ functionality, projects are striving to improve upon existing technologies with their capital injections to build a more safe, secure, and seamless user experience that will drive the next generation of products and services. Moma Protocol Receives $2.25 Million to Pursue Infinite Liquidity As the number of different decentralized finance (defi) lending protocols explodes, Moma Protocol aims...
Official Remittance Inflows to Zimbabwe Surged to $1 Billion After Covid-19 Restrictions Forced Migrants to Use Formal Channels
Cross border remittances into Zimbabwe surged to $1 billion in 2020, more than a 36% increase from the $636m that was recorded in 2019. This surge in remittances occurred despite the “steep decline in economic activity in host countries, which in turn made it difficult for migrants in the diaspora to send money home.” Effects of Pandemic on Remittances According to a report, this increase only applies to money transfers sent via...
Cybersecurity Firm Spots a Crypto Stealer Distributed Through a Massive Email Spam Campaign and Discord Channels
A crypto stealer seems to have spread through a massive spam campaign across several countries, including the United States, Australia, Japan, and Germany. The malware dubbed “Panda Stealer” has been spotted by a cybersecurity company. It is reportedly also distributed on Discord channels. Malware Can Also Steal Data From Telegram and Discord Apps According to the report published by Trend Micro, the stealer is a variant of another...
VulcanVerse’s Marketplace Volume Triples From $5m to $15m, $20M Giveaway to Follow
PRESS RELEASE. Newly-launched decentralized gaming platform, VulcanVerse, offers $20m giveaway as volume on its in-game marketplace triples. Cardiff, United Kingdom – Decentralized gaming platform, VulcanVerse is launching into the online gaming world, with record growth in users following a successful token sale. The gaming platform is positioning itself as a pioneer in NFT-based gaming, an area that has recently seen a huge surge in...
Bank of Israel Drafts Model of a Digital Shekel
The central bank of Israel has offered a glance at what a digitalized version of the national fiat currency may look like. According to a released “draft model” of the coin, Israelis should be able to use the digital shekel in payments, even offline, and convert it to cash at any moment. The Israeli central bank digital currency (CBDC) will provide some privacy, but not anonymity. This Is What the Digital Shekel Should Look Like The...
