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Japan mandates anti-fraud rules, Base grows 35%, Wemade’s MIR4 reaches 24 million accounts, and other Web3 news

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  • The Financial Services Agency (FSA) and the National Police Agency in Japan have mandated the Japan Virtual Currency Exchange Association to implement 11 new anti-fraud rules to combat rising virtual currency fraud, including stricter identity verification and withdrawal restrictions. (📰PANews)
  • Base has experienced a 35% growth in total value locked (TVL) and is now the second-largest borrow/lend market globally, with major financial institutions migrating operations to crypto rails, particularly for Bitcoin and Ethereum transactions. (📰blockchain.news)
  • Wemade’s MMORPG MIR4 has achieved 24 million accounts and over 40 million characters created, with character NFTs allowing players to monetize their in-game progress, supported by the recent launch of the EXDRA4 utility token. (📰eGamers.io)
  • Venus Protocol is expanding decentralized lending on the BNB Chain by introducing tokenized real-world assets as collateral, including tokenized equities and gold, to enhance borrowing opportunities and attract institutional participation. (📰KuCoin)
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