Fri, November 15

Shiba Inu’s Burn Portal ‘ShibTorch’ Goes Live on Shibarium

The Shiba Inu ecosystem’s Shibarium is undergoing a massive transformation. The creators of the memecoin project have finally released the ShibTorch, a gateway for the automated burning of SHIB, after months of conjecture. The deployment of the auto burn function is one of the long-term pledges made by the ecosystem

August 17, 2024 2 mins read

Franklin Templeton Files for Crypto Index ETF with the U.S SEC

According to a filing made on August 16 with the U.S SEC, asset manager Franklin Templeton is planning to introduce a new exchange-traded fund (ETF) that would serve as a comprehensive cryptocurrency portfolio. According to the paperwork, the Franklin Crypto Index ETF will follow the CF Institutional Digital Asset Index’s.

August 17, 2024 2 mins read

Worldcoin Teams Up with Malaysia’s MIMOS to Advance Digital Proof of Humanity

Sam Altman’s Worldcoin is back in the news after forming a partnership with MIMOS Berhad, the applied research and development arm of the Malaysian government. Official statements from both organizations have been publicized today, announcing their partnership to promote digital proof of humanness across Malaysia. The country’s digital infrastructure is

August 17, 2024 2 mins read

Arbitrum DAO Approves ARB Staking and Governance Proposal with 91% Vote

With the goal of increasing the ARB token’s usefulness and fortifying governance security, the Arbitrum DAO has green-lit a temperature check proposal. After more than 25,000 participants gave the proposal their unanimous 91% approval, on Aug. 15 the onchain voting came to a close. At its heart, the proposal is

August 16, 2024 2 mins read

Dubai Court Validates Cryptocurrency Wages in Landmark Ruling

The decision by the Dubai Court of First Instance to acknowledge crypto wage payments as legitimate under employment contracts is a major development in the UAE judiciary’s views on crypto. According to Irina Heaver, a partner at the UAE legal company NeosLegal, the decision in case number 1739 of 2024

August 16, 2024 1 min read

Ripple Set to Settle $125M Penalty Amid SEC Appeal Uncertainty

Ripple’s legal battle with the U.S. Securities and Exchange Commission (SEC) is once again under the spotlight as concerns grow over the potential appeal of a recent court decision. The SEC might challenge the ruling, which ordered Ripple to pay a $125 million civil penalty for violating securities laws by

August 16, 2024 2 mins read

Tackling Digital Inequality: Solutions for Global Connectivity

The world is more connected than ever, but there are still billions of people without an internet connection. In today’s society, where so much of our daily lives depend on internet access, this gap has become a challenge to global development. Digital inequality not only worsens current social and economic

August 16, 2024 6 mins read

Trump Based Memecoins Stumble as Harris Leads in New Poll

Trump-themed memecoins have sharply declined following new poll results for the 2024 U.S. presidential race. The polls show Democratic nominee Kamala Harris leading Republican nominee Donald Trump by 10%, with her chances at 54% and his falling from 72% to 44%. Formerly, Trump had 64 percent of the vote against

August 16, 2024 2 mins read

South Korea’s NPS Acquires $33.75M Worth MicroStrategy Stocks 

South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, has made a significant investment in the cryptocurrency sector. By acquiring 245,000 shares of MicroStrategy (MSTR) during the second quarter of this year. This investment is valued at approximately $33.75 million, highlighting NPS’s growing interest in cryptocurrency. MicroStrategy, a

August 16, 2024 1 min read

IMF Proposes Tax Hike on Crypto Mining and AI Data Centers

On August 15, 2024, the International Monetary Fund (IMF) recommended a major increase in electricity taxes for cryptocurrency miners and AI data centers to address their carbon footprint. The IMF’s proposal suggests raising the electricity cost for crypto miners by 85%. They propose a tax of $0.047 per kilowatt-hour, potentially

August 16, 2024 2 mins read