Key Takeaways India intends to launch a CBDC or central bank-backed digital currency. Sitharaman announced in her Budget speech that the RBI would issue the digital rupee, or CBDC, in the coming fiscal year. Concerned about the possibility of bitcoin…
Key Takeaways: The Panama National Assembly has approved a cryptocurrency legislative initiative that aims to regulate cryptocurrency activities to bring better clarity to the country’s sector. The plan, which was accepted during the first discussion, was composed of two different…
Key Take-Aways: The city of Fort Worth is the first in the United States to mine Bitcoin. This program demonstrates how rapidly blockchain and cryptocurrency are growing. Three machines supplied by the Texas Blockchain Council were accepted by the Fort…
Key Take-Aways Anna Kelles’ bill would impose a two-year ban on crypto mining in New York. Cryptocurrency mining consumes enormous amounts of energy to validate digital currency transactions. Critics are concerned that the plan will drive tech companies out of…
Key Takeaways: Afriex has raised $10 million in three rounds of funding. Sequoia Capital China and Dragonfly Capital led the Series A financing, which also included Golden Tree Capital, Stellar Foundation, and Excellent Capital. Afriex has secured $10 million in…
Key Takeaways: The SEC-Ripple dispute is now about the agency’s image and reputation, as well as business and profits for the corporation. The US Securities and Exchange Commission has filed a joint report with the Virginia Eastern District to postpone…
Key Takeaways Senator Kevin Thomas of New York presented a new bill amendment to create various penalties relating to rug pulls and other frauds. Private key fraud is the unauthorized disclosure or use of another person’s private keys. The law…
Key Takeaways: Users can generate passive income by burning Shiba Inu tokens through the new burn portal. Tokens can be permanently destroyed to remove them from circulation. The token’s creators hope that it will be remembered as “one of the…
Key Takeaways The AkuDreams (Akutars) contract is permanently locked in at 11,539 ETH (worth $34 million), according to Solidity developer foobar. Individual users or development teams are not permitted to withdraw payments. Many developers stepped in and contracted with the…
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