Nirmala Sitharaman, Finance Minister of India, said on September 9 that a worldwide framework to govern crypto assets will be established under the country’s G20 presidency, with support from the IMF and the FSB. Today she announced that the G20 would decide whether or not to regulate or outright prohibit
September 9, 2023 1 min read
Saudi Arabia’s aspirational Vision 2030 has fueled a surge in the country’s attempts to diversify its economy. The kingdom has welcomed new technology like blockchain and AI, and entered lucrative new areas like the gaming industry in an effort to reduce its reliance on oil. However, Web3 experts believe that
September 8, 2023 2 mins read
Following a request from the United States DOJ, a federal court has ordered the freezing of certain financial accounts and assets belonging to Alex Mashinsky, former Celsius CEO. A motion to unseal a restraining order concerning Mashinsky’s assets was approved by a court on September 5, according to a filing
September 6, 2023 1 min read
Huobi, a cryptocurrency exchange, has informed its customers that the recently introduced PayPal (PYUSD) stablecoin would be available for trading on their platform on September 7th. The release states that PYUSD deposits will begin at 03:30 (UTC) today, while PYUSD spot trading pairings (such as PYUSD/USDT, BTC/PYUSD, and ETH/PYUSD) will
September 6, 2023 1 min read
Key results from a poll done in honor of the International Day of Charity were today released by Binance Charity, the charitable arm of the top global blockchain ecosystem Binance. In order to provide useful insights that will direct Binance Charity’s future initiatives and more closely correlate with public sentiment
September 5, 2023 3 mins read
The web3 Global Hackathon 2023 will begin on September 30 as announced by Hakuhodo Inc., a leading integrated marketing and innovation organization with its headquarters in Tokyo. It is the second in a series of hackathons organized by HAKUHODO KEY3 in collaboration with Mazda Motor Corporation (Masahiro Moro, Representative Director, President and CEO), based
September 4, 2023 3 mins read
As a result of Gala Games CEO Eric Schiermeyer and co-founder Wright Thurston dragging themselves to court, the GALA token is in the midst of a severe downturn. Eric claims that Thurston and True North United Investments, LLC stole 8,645,014,077 GALA tokens from the corporation, according to documents filed in
September 3, 2023 2 mins read
According to a report by crypto exchange KuCoin, cryptocurrency usage is on the increase in Turkey, a nation experiencing significant inflation. Adoption rates in Turkey have risen rapidly over the last year and a half, from 40% to 52% of the population. This information was compiled by KuCoin, and is
September 3, 2023 1 min read
Prominent independent reporter with the twitter handle @WuBlockchain revealed an unexpected sale by Ethereum co-founder Vitalik Buterin: he swapped 500 MKR tokens for 350 ETH, a deal worth around $581,000. The swapped 350 ETH was then transferred to the address 0x3f6. Buterin’s sale of MKR tokens, the first in two
September 3, 2023 1 min read
The price of CYBER token has witnessed severe decline after the shocking news that CyberConnect’s official Twitter account had acknowledged a major blunder in the emergency proposal CP-1. The mistake, which led to the plan being rejected, severely impacted the price of the CYBER token. From the Community Treasury, 1,088,000
September 2, 2023 2 mins read