News list for " Its First"
According to Chosun Ilbo, An Dujie, a member of the Democratic Party of South Korea, will officially submit the draft "Law on the Issuance and Circulation of Value Stable Digital Assets" today. This is the first systematic legislative proposal in South Korea for the issuance, circulation and supervision of Korean won-denominated stablecoins. It is more special project than the stablecoin provisions involved in the Basic Law of Digital Assets of Member Min Byung-deok last month. It is worth notin...
NVIDIA (NVDA. O) U.S. stocks widened their losses to 3.9 percent after its first-quarter charge on H20 products was $5.50 billion.
Nigeria has launched its first compliance stablecoin, cNGN. The stablecoin has been launched on two exchanges and has entered the Securities and Exchange Commission's (SEC) incubation program. According to Nigerian Senator Ihenyen, the stablecoin pegged to the Nigerian naira will enable faster, lower cost and safer cross-border transfers.
The Movement Network Foundation announced that its first Cornucopia vault will accept BTC assets, and users will be able to deposit WBTC and LBTC starting next week. The BTC vault will have an asset size of $120 million and an eight-week lock-up period, which will be unlocked on the Movement Public Mainnet Beta (coming soon); the second Cornucopia vault will accept ETH assets, and users can deposit wETH and eETH starting next week. The ETH vault will have an asset size of $125 million and an eig...
SBI and SIX's joint venture, AsiaNext, this month listed its first securities, a dollar money market fund (MMF), and launched a digital collateral solution. AsiaNext first launched crypto derivatives earlier this year, which do not require a license in Singapore. This is the first of three trading products. The company holds a Singapore capital markets license and a recognized market operator (RMO) license, which allows it to operate exchanges.
Cloud bitcoin miner BitFuFu has acquired its first physical mining facility. The company described the acquisition of a 80 trillion watt (MW) facility in Ethiopia as the start of its infrastructure diversification. The value of the deal was not disclosed.
French video game company Ubisoft has announced that its first Web3-powered game, Champions Tactics: Grimoria Chronicles, will be launched on October 23 and will be deployed on the Oasys Layer2 network Home Verse, a blockchain-powered Web3 gaming ecosystem.
The Hong Kong government held the first regional consultation meeting on the "Policy Address" in Tai Po today. Li Jiachao attended, and some members of the public suggested that the government set up a department to regulate virtual assets to coordinate the current supervision work of different departments. Li Jiachao said at the conclusion of the consultation meeting that the economy of Hong Kong will grow by about 2.5% to 3% this year, and it is assessed that the economic growth next year will...
On August 14th, Skate announced the launch of its first stateless application, which allows users to seamlessly interact between more than 20 chains, and the user experience is similar to a single application with a unified state. It aims to change the traditional, isolated application model and eliminate the problem of application fragmentation. The first pilot stateless app is a Skateboard Workshop where users can assemble their own skateboards on more than 20 chains. Each assembled skateboard...
The Central Reserve Bank of Peru has awarded its first retail central bank digital currency (CBDC) trial development contract. The winning bidder is telecoms company Viettel Peru. At present, the company has not released further details.
