Welcome to this week’s recap of the latest news in the world of cryptocurrency. In this edition, we bring you the top 5 news stories that you may have missed. It has been an exciting week for both crypto prices and DeFi platforms. Centralized exchanges have also made headlines with their positive developments. OKX has launched its new spot and derivatives trading platform in Australia, attracting a lot of attention. Binance Kazakhstan has earned ISO certifications for privacy and security, further establishing its credibility. Robinhood has introduced staking and localized apps in Europe, improving user experience and accessibility. And finally, Tether, TON, and Worldcoin have also made waves with their innovative solutions. Tether has collaborated with the TON Foundation and Oobit to create a new crypto-payment solution. And the Worldcoin Foundation has unveiled an advanced biometric security system. Read on for more details on these exciting developments.
OKX Launches Spot and Derivatives Crypto Trading in Australia
Leading cryptocurrency exchange OKX has officially launched its spot and derivatives trading platform in Australia. The new service is available to verified wholesale clients and supports AUD-pegged deposits and withdrawals from most Australian banks. Users will have access to a wide range of cryptocurrencies and crypto spot pairs. This launch comes after OKX established its Sydney office last year, which was a significant step towards its long-term plans for the Australian market. By adhering to regulations and prioritizing user protection, OKX aims to provide a seamless and advanced crypto trading experience for years to come.
Binance Kazakhstan Earns ISO Certifications for Privacy and Security
Binance has announced that its branch in Kazakhstan has received ISO 27701 and ISO 27001 certifications. These certifications recognize Binance’s adherence to global standards in privacy information management and information security governance. After a thorough audit by the British Standards Institution (BSI), Binance’s internal processes have been confirmed to meet international standards. This achievement underscores Binance’s commitment to providing a secure and reliable platform for its users in Kazakhstan. With similar certifications in other countries, Binance is dedicated to maintaining high privacy and security standards through annual audits.
Robinhood Crypto Exchange Launches Staking in Europe, Featuring Solana
Robinhood has introduced new features for its European customers, including staking, localized apps, and crypto rewards for new users. These updates aim to improve accessibility and enhance the user experience for crypto traders in Europe. Robinhood’s first crypto staking product allows European users to stake Solana directly in the app and earn rewards. Users can also unstake their assets at any time. Additionally, new customers in Europe will receive a 10% bonus on their net buys over the first 30 days, paid in USDC stablecoin. Robinhood will also launch localized versions of its app in Italy, Poland, and Lithuania, offering native language interfaces for a more comfortable trading experience.
Tether, TON Foundation, and Oobit Launch Innovative Crypto-Payment Solution
Tether Operations Limited has partnered with Oobit and the TON Foundation to introduce a revolutionary crypto-payment solution. This collaboration aims to make financial activities seamless and convenient, while highlighting Tether’s commitment to a borderless financial ecosystem. Tether recently launched USD₮ and XAU₮ on the TON blockchain, enabling quick, secure, and cost-effective transfers. Over $200 million worth of USD₮ has already been issued on TON’s blockchain. Users can now send USD₮ through Telegram messages and use it for instant Tap payments on Oobit. This initiative expands the accessibility of USD₮ and facilitates smooth value transfers within TON’s ecosystem, positioning Tether at the forefront of transforming the cryptocurrency landscape.
Worldcoin Foundation and TACEO Unveil Advanced Biometric Security System
The Worldcoin Foundation, in collaboration with TACEO cryptography engineers, has introduced a cutting-edge Secure Multi-Party Computation (SMPC) system. This technology enhances privacy while eliminating the need for Worldcoin’s previous iris code system, maintaining the same level of security. The SMPC system uses advanced secure multi-party computation for Machine Learning, specifically designed for iris codes. These codes are unique identifiers for users within the Worldcoin ecosystem. The system encrypts iris codes into multiple secret shares, distributed among different parties. Computations on these encrypted shares yield results without compromising the privacy of the iris codes. This advanced biometric security system marks a significant advancement in user privacy and security within the digital world.
In conclusion, this week’s news highlights the continuous growth and development of the cryptocurrency landscape. From OKX’s expansion into Australia to Binance Kazakhstan’s ISO certifications, the industry is becoming more mature and reliable. Robinhood’s introduction of staking in Europe and Tether’s collaboration for a payment solution demonstrate the increasing accessibility and innovation within the crypto industry. Finally, the Worldcoin Foundation’s advanced biometric security system signifies ongoing efforts to enhance user privacy and security. As the crypto ecosystem continues to evolve, these developments pave the way for wider adoption and acceptance in the mainstream financial world.
