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IBF Net launches the world’s 1st metaverse on Algorand Blockchain: Netverse


IBF Net successfully launches Netverse, which happens to be the world’s first metaverse on the Algorand blockchain. It also, incidentally, happens to be the world’s first Shariah-compliant metaverse on just about any blockchain whatsoever. For the entire Islamic world, this will seemingly be...

Russia’s Crypto Mining Bill ‘Has Stalled,’ Says Finance Ministry


Russia’s crypto mining legalization bill has hit a last-minute obstacle, and the draft law’s progress has now “stalled,” the nation’s Ministry of Finance conceded. Per Finmarket, the nation’s Deputy Finance Minister Alexei Moiseev told reporters on Wednesday that the long-awaited bill – which...

Fresh proposal for improvement in governance on Zilliqa


To speed up the Zilliqa network’s decision-making process, a new proposal has been filed and made public that would reduce the quorum needed to approve votes to 8%. This was done with the help of Zilliqa’s governance platform. The entity has chosen a strategy that involves the use of...

Coinbase Exits Japan Citing "Market Conditions"


Cryptocurrency exchange Coinbase is exiting Japan due to market conditions. The move comes days after the company announced its third round of layoffs in less than a year amid the ongoing bear market.  In a Wednesday blog post, the exchange said it has made the "difficult decision" to halt...

Polygon PoS network’s Hardfork upgrade is now live


On January 17, 2023, at 10:45 UTC, Polygon (MATIC), a layer-2 scaling protocol on Ethereum, finally launched its hardfork update and is currently operational on its network. This new version, V0.3.1, was created primarily to reduce gas spikes and address chain reorganization issues that have...

Major network upgrades so far, all you need to know


Top network upgrades and how they affect crypto prices Continuous innovation and upgrades of blockchain networks have become mandatory if a crypto project wants to witness massive success from rising prices. Mainnet includes the main network where the actual transactions occur on distributed...

Filecoin Foundation ventures into space with IPFS


Filecoin Foundation, responsible for facilitating the governance of the Filecoin Network, has announced its first-ever mission of deploying a decentralized filing system by leveraging the Interplanetary File System (IPFS) with the objective of improving communication among planets. The mission will...

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