On March 1st, 2023, the Utah Legislature approved HB 357, commonly known as the "Utah Decentralized Autonomous Organizations Act." This act is the outcome of the efforts of the Utah Legislature's Blockchain and Digital Innovation Task Group. The Utah...
A recent report revealed that cryptocurrency scams in Hong Kong resulted in losses of HKD 1.7 billion ($216.6 million) in the past year. The number of victims who fell prey to online scammers and transferred digital assets increased by...
Immutable Games Studio has partnered with Mineloader, a well-known video game development company, to launch the highly anticipated Web3 game Guild of Guardians in 2023. The role-playing-game (RPG) has already amassed over 1 million pre-registrations, but fans will have...
On March 6, 2023, bankruptcy judge Michael Wiles ruled that the US Securities and Exchange Commission (SEC) would be barred from imposing fines on Voyager Digital officials if the company issues bankruptcy tokens to reimburse affected clients. This decision...
Yellow Card has expanded the selection of cryptocurrencies offered on its app by including five additional coins, thus providing customers with a more extensive range of options for a more complete experience. The new coins are Cardano (ADA), Celo...
Bybit has unveiled plans to launch a new debit card product that will enable customers to use their cryptocurrency balances for purchases and cash withdrawals. The Mastercard network will power the Bybit Card for fiat-based transactions, debiting cryptocurrency balances...
On March 2, 2023, Avanza Group and the Pakistan Banks' Association (PBA) signed a contract to collaborate on developing a blockchain-based know-your-customer (KYC) platform called "Consonance." The PBA made this known through an announcement on its website. The new...
Snoop Dogg, the American hip-hop legend, legally known as Calvin Cordoza Broadus Jr., has been revealed as a co-founder of the Web3-powered livestream platform known as Shiller. Image source: pbs.twimg.com The platform aims to be a one-stop shop for...
The Central Bank of Iran (CBI) has completed the pre-pilot phase of its CBDC development, according to an official statement from the Monetary and Banking Research Institute, the research arm of the CBI. Mohammad Reza Mani Yekta, head of...
According to a recent Wall Street Journal report, Binance, the world's largest cryptocurrency exchange, had attempted to hire Gary Gensler as an advisor in 2018 in order to avoid regulatory scrutiny in the United States. Notably, this strategy was...
