Powered by its unique hashgraph technology—claimed as blockchain 2.0—the Hedera network has now released a FIFA World Cup Qatar 2022 metaverse game. Just in time for the growing excitement over the tournament. Reality+ and OTZ Sports have collaborated to release the Web3 game “Own The Zone.” In which players may
Countries across the globe are stepping up regulations due to recent events that have unfolded in the crypto market. New “tax transparency rules” for the cryptocurrency sector are on the agenda of Brussels’ executive authority. Not only EU-based service providers. But any service providers that facilitate transactions in crypto assets
Some of the most distinguishing features of blockchain technology are its decentralization, transparency, immutability, and automation. Use applications for these components are almost limitless because of the breadth of their applicability across sectors. There has been a recent uptick in the number of nations examining how blockchain technology may be
Former Alameda Research CEO Caroline Ellison has engaged a former official of the Securities and Exchange Commission (SEC) and law firm WilmerHale to defend her in connection with the continuing investigation into the fatal demise of the cryptocurrency exchange FTX and its trading business Alameda Research. While at the SEC,
After failing to get enough traction in the Deputy Chamber, the Paraguayan cryptocurrency bill that had been submitted to Congress in 2021 was eventually placed on hold. After President Mario Abdo blocked the proposal in September, proponents couldn’t muster the support they needed to overturn the veto. Paraguay’s senate has
According to reports, Elon Musk has taken a dramatic new step by threatening to sue Twitter workers who are engaged in leaking the company’s secret information. He sent a warning email to the Twitter team advising them not to give out too much information to the press. Moreover, Musk wants
Polygon has announced an official collaboration to bring blockchain technology and NFTs to the music business. Further increasing its list of alliances and support areas. Polygon, Warner Music, and LGND have all made public statements about their plans to provide Music NFTs to the Web3 ecosystem. In January of 2023,
On Thursday, the Ren Protocol team advised users of the Alameda-backed cryptocurrency that they may lose their funds if they did not take quick action. According to the cross-chain bridge, the Ren 2.0 update to the current product (Ren 1.0) could not be backwards compatible. To avoid “losing them,” Ren
According to Tass, the Russian Ministry of Internal Affairs (MVD) has given its employees access to a new digital platform. It is named “Personal account of a law enforcement agency.” The government agency was told by the ministry that it is now utilizing the new technology. To determine who owns
As time goes on, Ripple’s On-Demand Liquidity (ODL) is becoming more popular in the Latin American cross-border settlement corridor. Bitso, the biggest cryptocurrency platform in Latin America and a client of Ripple, has partnered with remittance service Felix Pago. To allow crypto-powered transfers between the United States and Mexico to
