ISLAMABAD: Pakistan’s Minister of State for Crypto and Blockchain, Bilal Bin Saqib, held meetings with top US officials and lawmakers this week in Washington to strengthen cooperation on digital assets, blockchain regulation, and financial innovation. The minister held discussions with Senator Cynthia Lummis, a key architect of US crypto legislation, as well as with Senators … Read more
ISLAMABAD: Minister for Crypto and Blockchain, Bilal Bin Saqib, has announced the establishment of the country’s first Strategic Bitcoin Reserve, marking a significant step toward positioning the nation as a global hub for digital innovation. Addressing the Bitcoin Vegas 2025, Bilal said that Pakistan was no longer defined by its past, adding that it was … Read more
The main development team of BNB Chain has introduced opBNB, a Layer 2 network designed to improve the scalability of decentralized applications (dapps). This exciting announcement comes after a rigorous testing phase in which the team meticulously confirmed the network’s dependability. opBNB makes use of Optimism’s OP Stack software package. Its major goal as a … Read more
Mixtape is a web3 app since it uses creator economy and blockchain. The Future It’s clear that there’s a lot of excitement. Web3 could improve artists’ and fans’ metaverse connections. Streaming music services make it easier for musicians to get heard. They’ve made it difficult for musicians to make a living. Spotify and Apple Music … Read more
High Impact Bootcamp Will Be Audited. Pakistan will teach cloud, data, blockchain, AI, and cyber security. The government hired chartered accounting firms to audit IT training programmers. IT Ministry Will Commission an Independent Performance Audit of the High Impact Bootcamp Project. The IT department will help to boost up the economy in coming days The … Read more
Binance’s CEO Changpeng Zhao may have more control over the company than he admits. Former employees and investors claim Zhao maintains a firm hold on Binance in practice. If true, it contradicts the decentralised finance movement’s goal of removing authority from banks. Binance’s CEO has previously been hailed for his libertarian views on cryptocurrency and … Read more
Coinbase’s guaranteed senior unsecured notes were downgraded from Ba1 to Ba2. Bonds having a rating of Ba1 or lower are termed “junk”. The company has $2 billion in senior guaranteed notes maturing in 2028 and 2031. Moody’s Investors Services lowered Coinbase’s corporate debt on Thursday evening in New York, one week after the business announced … Read more
The hash rate for Bitcoin set a record high of 231,428 EH/s on June 12. The price of this coin plunged to less than $20,000 per coin on June 17. Analysts say the mining difficulty must fall or the Bitcoin price must rise for miners to benefit. Bitcoin miners reduce or “plug” miners because of … Read more
ETH has dropped to $1,544, an 11% drop in the previous 24 hours. a 10% down in the last 7 days. ETH is reacting to macroeconomic factors as well as a probable delay in its transition. The price of Ethereum (ETH) went below $1,700 as a result of increased selling forces in the crypto market. … Read more
Despite recent network problems, the host of the famous crypto market analysis shows Coin Bureau is positive on Solana ($SOL). During a conversation on the YouTube series “Digital Asset News,” Coin Bureau’s host “Guy” stated that despite the altcoin’s price drop and the Solana network’s frequent outages, he is optimistic about $SOL. Guy added that … Read more
A group submitted evidence of an attack on a Ukrainian school via Telegram to the International Criminal Court. The group, Starling Lab, uses the blockchain technology behind cryptocurrencies to preserve and verify the information. It says it’s the first submission of evidence of its kind to any court of law. In early March, a Telegram … Read more
China’s state-backed blockchain company is planning its first major international expansion, its CEO told CNBC, as Beijing continues to make the technology a key priority. Blockchain-based Service Network (BSN) bills itself as a “one-stop-shop” to deploy blockchain applications in the cloud, a process that could otherwise be costly and time-consuming. It aims to link different … Read more
Mark Zuckerberg announces testing of Instagram NFTs Meta CEO Mark Zuckerberg has reported that Instagram will start testing non-fungible tokens (NFTs) on the informal community this week. An NFT is an interesting PC document scrambled with a craftsman’s mark, which goes about as a computerized declaration of proprietorship and legitimacy. Not at all like comparative … Read more
LAHORE: The Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) and Ecommerce Gateway conducted the inaugural ceremony of PTCL Business Solutions ITCN Asia-Pakistan Tech Festival at Expo Centre, Lahore. According to a statement, Consul General of China in Pakistan Peng Zhengwu while inaugurating the festival, appreciated the IT products being developed in Pakistan. He … Read more
Mahnoor Nadeem is heading REDtone Digital Services, one of the fastest growing digital transformation solutions business in Pakistan, offering wide range of products, including digital onboarding, cloud computing, financial technology, blockchain, artificial intelligence and machine learning. Mahnoor Nadeem, who is also the vice president of the REDtone Group, envisions making their digital transformation practice and … Read more
RIYADH: Russian online retailers have registered a growing demand for new and used cryptocurrency mining machines, the Russian business daily Kommersant reported. This year, the demand for application-specific integrated circuit machines has doubled dramatically while video cards have been in short supply which has driven prices up. Searches for hardware designed to mine Bitcoin or ASICs on … Read more
LONDON: Just days after stepping down from his role as CEO of Twitter, Jack Dorsey is ringing the changes at Square, the other major company he founded, which has changed its name to Block, Arab News reported. While Dorsey is a renowned crypto enthusiast, the rebrand is not all about the blockchain, according to the company: “The … Read more
CAIRO: The Saudi Central Bank (SAMA) is still examining some emerging technologies, including distributed ledgers and blockchain, before it makes any decision, Arab News quoted a report from Al Eqtisadiah. SAMA is one of the first central banks in the G20 countries to experience distributed ledgers and blockchain technologies through the ‘Aber’ digital currency project. These efforts … Read more
