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․bit Raises $13M to Build Cross-Chain Decentralized Identity Protocol


bit (did.id) has raised $13 million to build a cross-chain decentralized identity protocol. The Series A round, completed one year after the startup’s launch, was from CMB International, HashKey Capital, QingSong Fund, GSR Ventures, GGV Capital, and SNZ. .bit’s open-source blockchain protocol will...

Valve’s New Art Rules Will Change How Games Catch Your Eye


Yesterday, Valve issued an update for devs who sell on their storefront. Starting September 1 of this year, “banner images,” referred to as ‘Capsules’ in Steamworks, will be restricted from including a variety of accolades, current sales, and more. In the announcement of the policy change,...

Iran Amends Regulations to Ease Crypto Miners’ Access to Renewable Energy


Authorities in Iran have revised some rules for the crypto mining industry in order to facilitate its access to green power. Licensed miners will now be able to purchase electricity produced from renewable sources from across the country at lower rates. Cryptocurrency Miners in Iran Allowed...

Nigerian Lenders Frustrating CBDC’s Adoption — Central Bank Governor


Apathetic Nigerian lenders are frustrating the e-naira’s adoption because they are worried this could deprive them of a key revenue source, Godwin Emefiele, the Central Bank of Nigeria (CBN) governor, has said. Emefiele said the central bank is working on a channel that would enable...

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