Every Web3 startup is taking big leaps in the crypto world for future development. Similarly, the Web-3 infrastructure startup, Mysten Labs has announced the launch of the world’s first permission-based Layer 1 blockchain called ‘Sui’, a developed version of Diem. …
Key Takeaways: Energy Minister of Sweden, Farmanbar does not support Bitcoin mining. The Government of the country already has plans to put restrictions on the Bitcoin mining industry. Bitcoin mining has always faced criticism for the high level of energy…
Key Takeaways: A law prohibiting the use of Bitcoin and other digital assets in Russia has been signed by Vladimir Putin. The new law will become effective ten days after it is published in the Russian official press. Although “monetary…
Key Takeaways: Owner of Upbit, Dunamu, announced intentions to invest almost $380 million and add 10,000 jobs over the course of the next five years. Dunamu intends to support the decentralisation of industries including IT, finance, digital assets, and blockchain…
Key Takeaways: Texas is a popular destination for bitcoin miners due to its affordable energy prices and lax restrictions. In the midst of a heat wave, Texas is facing an energy crisis. Miners have been instructed to turn off their…
Key Takeaways: FSB will introduce strict rules related to cryptocurrencies. The regulator will frame reports on protection against stablecoins. The current volatile condition of the crypto market demands immediate changes in the regulatory framework of the industry. The recent CoinFLEX…
Key Takeaways: In order to develop a decentralised, dollar-pegged stablecoin on the Aave Protocol, Aave has made a governance proposal. If approved by the community, GHO would be offered to borrowers who put up security and generate interest for the…
Key Takeaways: Reddit is introducing a brand-new NFT-based avatar marketplace today that enables you to pay a set price to buy blockchain-based profile pictures. Reddit claimed that it is releasing 90 designs, with “tens of thousands” of NFTs available for…
Key Takeaways: Customers of Binance will now be able to trade bitcoin spot trading pairs without paying any trading fee. This rule will be in effect from July 8. The cryptocurrency exchange Binance is a familiar name in the crypto…
Key Takeaways Changpeng Zhao took part in an interview with the president of the Republic of Côte d’Ivoire. The Binance CEO seeks the President’s support for better commercial integration of cryptocurrencies. Binance, one of the largest platforms of cryptocurrency exchanges…
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