Indonesia is considering banning Telegram due to allegations of spreading pornography and promoting online gambling. According to Demandsage data, Indonesia ranks as the third-largest country in terms of Telegram usage. Budi Arie Setiadi, Indonesia’s Minister of Communication and Informatics said that Telegram promised to improve content moderation following the government’s
India is taking significant steps toward enhancing cross-border payment efficiency by proposing a plug-and-play system for Central Bank Digital Currencies (CBDCs). Shaktikanta Das, Reserve Bank of India (RBI) Governor, emphasized the importance of interoperability in cross-border payments. Recently, Das highlighted that interoperability should be a key design element to maximize
RepubliK has announced the official launch of Creator STOX on the STOX Market, a platform that is revolutionizing the social media monetization and valuation of social media by providing direct value streams for influencers and individual content creators. The STOX Market democratizes social media involvement and creates a direct economic connection between creators and their
Base, the Layer 2 blockchain network nurtured by Coinbase, has recently surpassed 1 million daily active addresses. This marks a substantial increase in user engagement with the network growth of about 71% in the past 30 days. On Aug 24, Base recorded, 1.05 million active addresses and 1.03 million the
The United States Securities and Exchange Commission (SEC) has initiated legal action against two brothers, alleging their involvement in orchestrating a $60 million Ponzi scheme with a non-existent crypto trading bot. The SEC has filed a complaint in the US District Court for the Northern District of Georgia, Atlanta, against
A breach has occurred in the Polygon community Discord channel. The chief information security officer at Polygon, Mudit Gupta, acknowledged the intrusion and warned users not to click on any links published in the Discord channel until the issue is fixed. Even though Gupta claimed that all privileged accounts had
Crypto holders with stakes in Dogwifhat (WIF) and BNB are facing a challenging period as both coins experience significant downturns. Amid these market challenges, contributors are gravitating towards BlockDAG (BDAG), attracted by its impressive $67.7 million presale that remains unaffected by the market’s turbulence. The recent public debut of BlockDAG’s
YeagerAI has announced the successful completion of a $7.5 million seed round for its GenLayer, an AI-powered Intelligent Blockchain, which was headed by North Island Ventures. World-class web3 venture capital firms, such as Arrington Capital, Node Capital, Samara AG, DCF Capital, WAGMI Ventures, Magnus Capital, MH Ventures, BlockBuilders, TykheBlock, ZK Ventures,
Coinbase-developed Ethereum L2, Base, transforms Ethereum interactions with its new feature, Basenames, launching today. Integrating with the Ethereum Names Service (ENS) infrastructure, Basenames emerged as a “onchain building block that enables anyone to establish their identity on Base.” The strategy for launching Basenames involves the Dutch auction mechanism for users
While ETH prices are struggling, the gas fee for Ethereum has lately dropped to its lowest point in five years. Kaiko recently highlighted the decline and what it may mean for the price of the cryptocurrency. Despite the launch of Spot Ether ETF trading in the US, the second biggest
