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Thailand distributing digital money to 45M citizens to boost economy
24.7.2024
The controversial plan began as a campaign promise and will help lower-income Thais buy more
Thailand distributing digital money to 45M citizens to boost economy
24.7.2024
The controversial plan began as a campaign promise and will help lower-income Thais buy more
Nigeria to train 1,000 youths on AI, blockchain every year
24.7.2024
The Nigerian government has launched an annual training program for 1,000 citizens in AI and blockchain to position Nigeria ahead of global economies and foster innovation
Nigeria to train 1,000 youths on AI, blockchain every year
24.7.2024
The Nigerian government has launched an annual training program for 1,000 citizens in AI and blockchain to position Nigeria ahead of global economies and foster innovation
Marathon Digital Ordered to Pay $138M for Contract Breach
24.7.2024
A federal court jury in Los Angeles has awarded Michael Ho $138 million after finding crypto mining firm Marathon Digital Holdings Inc. guilty of breaching a Non-Disclosure/Non-Circumvention Agreement. Ho had shared proprietary information about a large-scale energy supplier with Marathon, which...
Hex Trust gets initial nod for payment institution license in Singapore
24.7.2024
Hex Trust previously obtained a license for custody services in Singapore, but a recent legislative amendment placed these firms under a new licensing scope
Hex Trust gets initial nod for payment institution license in Singapore
24.7.2024
Hex Trust previously obtained a license for custody services in Singapore, but a recent legislative amendment placed these firms under a new licensing scope
Coinbase files motion to compel in ongoing fight to get Gensler’s emails
24.7.2024
Coinbase has now filed a motion to compel, including among others, a narrowed request for Gary Gensler’s private communications during his time as Chair
Are Physical Games Dead? It’s More Complicated Than You Might Think
23.7.2024
In 2007, console gaming got its first day-and-date digital release. The sci-fi war shooter Warhawk for the PlayStation 3 was sold as a Blu-ray disc in stores but was also available to buy digitally on PSN. The game is mostly forgotten now, but it was the first domino to fall in digital’s slow...
Bill targeting illicit use of crypto passes US House
23.7.2024
The Financial Technology Protection Act passed the House of Representatives by voice vote roughly a year after lawmakers sent it out of committee
Multi-Billion-Dollar Asset Manager Hamilton Lane Pioneers Private Credit Fund Launch on Solana
23.7.2024
Hamilton Lane has become the first asset manager to introduce a private credit fund on the Solana blockchain, broadening its presence in the digital asset sector. By collaborating with Web3 protocol Libre, the firm aims to make its Senior Credit Opportunities Fund (SCOPE) available to a wider range...
Single Entity Risk Questioned as Coinbase Dominates ETH and BTC ETF Reserve Storage
23.7.2024
The day before the spot ether exchange-traded funds (ETFs) were introduced, Coinbase posted on X to clarify its position regarding spot BTC and ETH ETFs. The company mentioned that it holds assets for ten out of 11 spot bitcoin ETFs and eight out of nine ether ETFs. Gabor Gurbacs, founder...
India Maintains Crypto Tax Regulations in 2024/25 Budget
23.7.2024
Indian Finance Minister Nirmala Sitharaman’s 2024-25 Union Budget keeps the existing cryptocurrency tax regulations unchanged, disappointing local crypto advocates. They argue that reducing the 1% tax deducted at source (TDS) is essential for reviving the struggling crypto industry in India....
Kamala Harris Urged to Embrace Digital Assets
23.7.2024
The Digital Chamber, a crypto advocacy group, has called on U.S. Vice President Kamala Harris to support the digital asset industry with three requests. The group urged her to promote pro-digital asset language in the Democratic Party’s platform, choose a vice-presidential candidate with...
Marathon Digital fined $138M for non-circumvention agreement breach
23.7.2024
Marathon Digital has been fined $138M for breaching a non-disclosure, non-circumvention agreement with former executive Michael Ho
Spot Ethereum ETFs Set to Launch: Blackrock Highlights Rising Demand for Digital Asset ETFs
23.7.2024
Spot ethereum exchange-traded funds (ETFs) are set to debut on Tuesday, July 23, 2024, following approval from the U.S. Securities and Exchange Commission (SEC). Blackrock, the world’s largest asset manager, announced that its Ishares Ethereum Trust ETF (ETHA) will commence trading on Nasdaq...
Hive Digital to expand operations to Paraguay for the first time
23.7.2024
Bitcoin miner Hive Digital has plans to build a 100-megawatt mining facility in Paraguay powered by the nation’s Itaipu hydroelectric dam
Cross-Border Digital Ruble Payments May Become a Reality in 2026
22.7.2024
Generalized international settlements using the Russian digital ruble will not be available until 2026, according to statements from Anatoly Aksakov, Chairman of the State Duma Committee on the Financial Market. Aksakov stated that in 2025, authorities plan to expand the current pilot stage...
Romance Hot Cyborgs And Dance To '90s Boy Bands In Warframe's Most Surprising Expansion Yet
22.7.2024
Over the weekend, Digital Extremes hosted Tennocon, its annual convention dedicated to all things Warframe, and unveiled the first extensive look at the shooter’s upcoming 1999 expansion. The free update, which is set to arrive this winter, almost looks like an entirely different game, and will...
The Digital Chamber pens letter to Vice President Kamala Harris
22.7.2024
“Over 50 million Americans own crypto,” the advocacy letter stated while calling on Kamala Harris to deviate from the Democrats' current party line