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CBDCs Like a Digital Dollar Face Doubts Without Privacy Protections, Key Organization Finds
17.11.2023
A study found that privacy increases participants’ willingness to use a CBDC by up to 60% when purchasing privacy-sensitive products
Bitcoin Argentina Presents Draft Legislation to Regulate Cryptocurrency
12.11.2023
Image Source: Pixabay Bitcoin Argentina, a non-government organization dedicated to promoting crypto, has presented a draft bill aimed at regulating the cryptocurrency market in a manner that ensures decentralization and enhances public trust. The proposal was introduced by Bitcoin...
Near Foundation and Polygon Labs Partner to Build Zero-Knowledge ‘Prover’ for WASM Chains
12.11.2023
Near Foundation and Polygon Labs recently announced that they would build “a zero-knowledge (ZK) prover for WASM blockchains.” For WASM chains using the zkWASM prover, settling transactions will be more efficient and cost-effective with maximum security guarantees. Transaction Settling...
Hong Kong Considers Allowing Trading of Spot Crypto ETFs
8.11.2023
Hong Kong is examining allowing the launch of spot cryptocurrency exchange-traded funds (ETFs), given that the risks of these instruments are addressed. In a recent interview, Julia Leung, CEO of the Hong Kong Securities and Exchange Commission, stated that the focus of the organization’s...
Coinbase’s Stand With Crypto Advocacy Group Raises $2M In Two Months
2.11.2023
The Coinbase-backed advocacy group Stand With Crypto has raised $2 million in a couple of months, with over 80,000 donors contributing to the initiative’s goal of influencing policymakers and being a “one stop shop” for crypto advocacy. The organization also confirmed that...
Crypto Billionaire’s Nonprofit Acquires $500M Worth of AI Chips for Generative AI
1.11.2023
Crypto billionaire Jed McCaleb, known as a co-founder major crypto companies like Stellar, Ripple, and Mt Gox, has launched a nonprofit with a mission to empower the development of generative AI. This nonprofit, registered in the US as a 501(c)(3) organization, recently purchased 24,000 Nvidia H100...
Brazilian Tax Authority Acknowledges ‘Vertiginous Growth’ of Stablecoin Trading
1.11.2023
The Brazilian Tax Authority (RBF) recently published an article acknowledging the growth in stablecoin trading in the country, which has taken the Brazilian cryptocurrency market by storm. The most transacted stablecoin is Tether’s USDT, which has moved more than 271 billion reals (close...
Blockchain Governance — A Look at the Top 5 DAO Treasuries in 2023
1.11.2023
Over seven years ago, on April 30, 2016, the first decentralized autonomous organization (DAO) emerged, marking a significant shift in the digital world. However, just three months later, a cyberattack brought it down, leading to its unfortunate collapse. Today, the landscape has transformed...
Japanese Government Sanctions Crypto Exchange Linked to Hamas
31.10.2023
The Japanese government has taken action to freeze the assets of nine Hamas operatives and a cryptocurrency trading company that were involved in financing the terrorist organization. This decision was reached during a cabinet meeting on the 31st October, Yonhap News reported. Governments Sanction...
Israeli Crypto-Based Aid Organization Says Nearly $200,000 Raised for October 7 Terror Victims
25.10.2023
Nearly $200,000 has been raised by a non-profit organization launched by members of Israel’s Web3 community. More than 30 Web3 companies have since joined the campaign while the accounting firm KPMG is said to be assisting with fundraising and distribution. Web3 Companies Join Campaign Crypto...
Thorswap Resumes Service With 12 Countries Blacklisted and New Partnership to Curb Illegal Transfers
13.10.2023
On October 6, 2023, Thorswap halted its services temporarily. However, the platform recently declared its return to full operation with some notable modifications. An array of approximately twelve countries are now barred from utilizing Thorswap, while the decentralized exchange (dex)...
Cybercriminals Use Dexs and Crypto Cross-Chain Services to Launder $7 Billion — Elliptic
10.10.2023
According to the findings of a research study by Elliptic, cybercriminals are believed to have used crypto cross-chain bridges and coin swap services to launder $7 billion worth of “illicit or high-risk funds.” The Lazarus Group, a cybercriminal organization said to be backed by North...
Activist Crypto Investors Score $2.5M Bounty After Campaign on FloorDAO
6.10.2023
The so-called decentralized autonomous organization initially formed to focus on building products, but activist investors who showed up were more interested in the project's treasury
Trump Lawyer Sports Gamer Laptop At $250 Million Fraud Trial
2.10.2023
Today is the first day of former president Donald Trump’s $250 million fraud trial in New York. A case brought by the state’s attorney general accuses the Republican primary frontrunner of lying about his net worth by billions of dollars to try to secure more favorable loan terms. One of...
Worldcoin Blows up in Chile; Sign-Ups Exceed 1% of the Population
27.9.2023
Worldcoin, the biometric wallet and ID project, has reported that it has signed up more than 1% of the population of Chile. According to the organization, more than 200,000 Chileans are already using Worldcoin, a popularity uptick shared with other South American countries, including Argentina...
Hungarian Authorities Seize Crypto Worth $1M in Tax Fraud Case
23.9.2023
Hungarian authorities have seized cryptocurrency worth over $1 million from a criminal organization in a value-added tax (VAT) fraud case. The authorities raided 28 locations, arrested three suspects, and seized various assets tied to the group. The seized cryptocurrencies were transferred to...
Eclipse Announces Solana-Powered Ethereum Rollup
22.9.2023
Eclipse, an organization that allows for the construction of customizable rollups, has announced the architecture of its Eclipse mainnet, a Solana-powered Ethereum layer two (L2) scaling rollup. The rollup will benefit from using the Solana Virtual Machine as an execution layer, leveraging this...
Defense Distributed Unveils ‘Gatgpt’ – Championing the Digital Second Amendment and AI Freedom
20.9.2023
As artificial intelligence (AI) and large language models (LLMs) continue to gain prominence, the organization Defense Distributed has unveiled an experimental LLM-based agent named “Gatgpt.” The platform is being referred to as “The Digital Second Amendment,” and...
American Bankers Association States a CBDC Is ‘Unnecessary’ and Presents ‘Unacceptable Risks’ to the US Financial System
16.9.2023
The American Bankers Association (ABA), an organization that represents banks custodying $18 trillion in deposits and processing $11 trillion in loans, believes that issuing a central bank digital currency (CBDC) in the U.S. is “unnecessary” and would introduce “unacceptable...
Worldcoin’s Tools for Humanity Claims to Have Invested Nearly $4.8 Million in Kenya
16.9.2023
Nearly $4.8 million has been used to fund cryptocurrency and blockchain education efforts in Kenya, the CEO of Tools for Humanity, Alex Blania, recently revealed. Blania also denied allegations that Worldcoin plans to sell users’ biometric data obtained via its eyeball-scanning orbs. More Funding...