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Ugandan High Court Rules to Uphold Central Bank’s Crypto Prohibition


A Judge of a High Court in Uganda recently dismissed an application which sought to quash a Bank of Uganda directive that barred licensed entities and individuals from facilitating crypto transactions. In his ruling, Justice Musa Ssekaana insisted that the central bank’s crypto prohibition...

Chip Giant Intel Abandons Bitcoin ASIC Production


After announcing the production of bitcoin application-specific integrated circuits (ASICs), Intel, the world’s largest semiconductor chip manufacturer by revenue, appears to be abandoning its blockchain chip production. On Tuesday, a spokesperson for the chip manufacturer explained that...

Pancakeswap Launches Version 3 of Protocol on BNB and Ethereum Blockchains


On Monday, April 3, the decentralized exchange (dex) platform Pancakeswap launched version 3 of its protocol (v3) on the Binance Coin (bnb) and Ethereum blockchains. The new application aims to improve the performance of the dex protocol and reduce fees by implementing four levels of trading fees....

Coinbase Launches Wallet-as-a-Service to Bring Millions to Web3


On March 8, Coinbase announced the launch of its Wallet-as-a-Service (WaaS) product. The WaaS product aims to “bring the next hundred million consumers into Web3 through a seamless wallet-onboarding experience.” The Coinbase WaaS offers wallet infrastructure application programming...

China’s Wechat Adds Support for Digital Yuan Payments


Chinese social media platform Wechat has introduced support for the state-backed digital yuan in its popular payment app. Over a billion users will now ostensibly be able to take advantage of fast payments with the digital currency issued by the People’s Bank of China. Wechat Pay Follows Alipay...

Compass Mining Alerts Bitcoin Miners of Changes in Bitmain’s ASIC Design


Compass Mining, a bitcoin mining firm, published a blog post stating that Bitmain, the company behind the application-specific integrated circuit (ASIC) mining rig, has made changes to its design. The post advised miners to be aware of the changes as Compass Mining identified “three...

Decentralized Exchange Pancakeswap to Launch Version 3 Iteration in April


On March 4, the decentralized exchange Pancakeswap announced that the team plans to launch its version three (v3) iteration of the platform during the first week of April 2023. Pancakeswap v3 will provide new features and improve liquidity alongside enhancements in interface accessibility and...

Fiat & KIA demonstrate the practical application of ChatGPT


Fiat and KIA become one of the first companies to take a step forward and leverage the practical applications of the generative AI chatbot – ChatGPT. Per the reports, Fiat and KIA will now sell cars in the Metaverse by utilizing the capabilities of ChatGPT. The basic function will be...

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