Web3
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El Salvador To Establish Bitcoin Investment Banks Under New Law
President Nayib Bukele of El Salvador introduced a comprehensive legislative package to the Salvadoran Congress on June 15, 2024, to…
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XRP Vulnerable, As Ripple And SEC Resumes Tussle Over Penalties
Ripple Labs Inc. and the United States Securities and Exchange Commission (SEC) have resumed their legal tussle over possibly facing…
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Decentralized ID Could Be The Next Big Thing In Web3: Cardano Sustainability Lead
Blockchain requires more non-speculative use cases to help onboard the next billion mainstream users. Several blockchain use cases have come…
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South Korea To Regulate Its NFT Industry, To Introduce Guidelines
For the first time, South Korea has announced it is coming up with a new law that controls the operations…
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Canadian Firm DeFi Technologies Stock Rally Amid Bitcoin Treasury Strategy
Canadian-based firm DeFi Technologies, which is also the parent entity for exchange-traded fund (ETF) issuer Valour, announced Bitcoin adoption as…
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Decentralization Will Continue to Advance in the Future With Application-Specific Blockchains
Blockchain is an innovative technology in today’s digital landscape. It ensures the safety of digital ledgers for various cryptocurrencies, such…
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Binance Celebrates 200 Million Users Amid Numerous Legal Tussles
Binance, on its official X handle, announced that it recorded over 200 million users and acknowledged the support of its…
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DWF Labs Takes a Bold Step, Invests $12 Million in FLOKI Tokens
DWF Labs, has set aside $12 million to buy Floki coins. This investment aims to bolster the growth and development…
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Nayib Bukele Commences Second Term, Renews Willingness For Bitcoin Economy
After his victory in the most recent elections, Nayib Bukele has been serving as El Salvador’s president for the second…
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Blocksquare Hits $100 Million Tokenized Real World Assets, Launches DeFi Platform
Blocksquare, a blockchain technology company, has released its new decentralized finance (DeFi) platform, Oceanpoint v0.5, and reached $100 million in…
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Bank of Israel Unveils Digital Shekel CBDC Pilot for Payments
The Bank of Israel unveiled the CBDC experiment inspired by Project Rosalind, which was executed by the BIS Innovation Hub…
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Russia-Based Commodity Companies Embrace Cryptocurrency Transaction for International Business
Due to geopolitical and economic challenges, Russian commodities companies are shifting their strategy and increasingly using cryptocurrencies to facilitate trade…
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Crypto Exchange Bitget Appoints Gracy Chen CEO
Crypto exchange Bitget confirmed the appointment of Gracy Chen as CEO to succeed Sandra Lou. The newly appointed chief executive…
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SEC Confirms Ethereum Not Security Amid Ethereum ETF Approval Process
The United States Securities and Exchange Commission (SEC) has approved the first Ethereum (ETH) exchange-traded fund (ETF). Industry insiders have…
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UAE Agriculture Authority Bans Cryptocurrency Mining on Farms
Crypto mining farms can receive a fine up to 10,00 dirhams or $2722 in Abu Dhabi. The Abu Dhabi Agriculture…
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