Brazil's central Bank, Banco Central do Brasil (BCB), announced on August 7, 2023, that their digital currency (CBDC) will now be called "Drex" instead of "Real Digital." According to the Central Bank’s official statement, the name "Drex" is an...
On July 27, 2023, the Sandbox, a decentralized gaming and metaverse platform, announced its partnership with the British Museum to offer its users extraordinary "immersive experiences" to explore world history in a digital realm. Immerse yourself in a world...
After a successful mainnet launch, Goracle has shifted its focus to the second phase of its Incentivized Testnet to develop new features and integrate new dApps. As part of the Incentivized Testnet Phase II, Goracle is honing in on...
With nearly 200 organizations actively exploring the possibilities of leveraging the Web3 tech stack, the digital marketing landscape seems poised for a major breakthrough. On July 25, 2023, Safary, a leading Web3 marketing analytics company, released a groundbreaking research...
Reddit remains unwavering in its commitment to exploring digital NFT collectibles despite the shifting dynamics in the NFT market. The social media platform recently announced that the launch of its newest collection of collectible avatars, titled "Retro Reimagined," is...
Wyoming is positioning itself as a pioneer in the digital asset space, with its latest move being the initiation of the state-backed stablecoin project, dubbed the "stable token" project. As a crucial step, the state has commenced the recruitment...
Japanese Prime Minister Fumio Kishidare has reaffirmed his nation's unwavering commitment to the Web3 sector. During his keynote speech at the opening ceremony of the WebX conference in Tokyo, Kishida emphasized the immense potential of Web3 technology in revolutionizing...
South Korean private banks, Hana Bank and Woori Bank, are reportedly exploring the possibilities offered by tokenized deposit technology as a viable alternative to both private stablecoins and Central Bank Digital Currencies (CBDCs). Both banks are actively studying the...
Republican Congressman Warren Davidson has joined a growing number of U.S. politicians to advocate against the creation of central bank digital currencies (CBDCs). He urged Congress to pass legislation that would not only prevent the issuance of CBDCs but...
Utopia Labs is revolutionizing cryptocurrency payments for businesses with the introduction of its groundbreaking service, USDC stablecoin bank transfers. This solution enables companies worldwide to seamlessly transfer USDC to any U.S. bank account, addresses a significant hurdle in the...
