Dispersion Capital launches $40M venture fund to ‘bring Web3 to the masses’
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Japan Ministry of Economy launches Web3 policy office
The new body will bring together the financial regulators and creative industries to formulate the policies in the Metaverse. 119 Total views 19 Total shares In an important landmark for the buzzword, The Ministry of Economy, Trade and Industry (METI) of Japan opens its own Web3 Policy Office in the Minister’s Secretariat. The new entity…

Komodo Hacks Itself and Saves Crypto Worth $13M After Learning of Security Vulnerability
Crypto wallet provider Komodo effectively hacked itself to prevent fraudsters from accessing its users’ funds, the company confirmed in a blog post on June 5.Security researchers had alerted the company to a vulnerability in its Agama wallet. Realizing that hackers could strike any moment, Komodo’s cybersecurity team decided to use the same exploit to move compromised crypto…

Poloniex Exchange Will Upgrade XRP Wallets Monday, Limiting Activities
U.S.-based crypto exchange Poloniex took to Twitter today to announce the upgrade of its XRP wallets, which will result in withdrawals and deposits being suspended for several hours.What will change?On Sept. 5, the crypto exchange took to Twitter to explain that it will upgrade its XRP wallets to further enhance the user experience. Once the…

London’s ‘Joe Rogan’ and crypto advocate Brian Rose makes bid for mayor
The former Wall Street and City of London banker is making his second bid to become mayor of London.

Eminem and Snoop Dogg turn into BAYC chars in new music video
Eminem and Snoop Dogg bear an uncanny resemblance to Bored Apes in the new semi-animated music video titled From The D 2 The LBC. 705 Total views 8 Total shares It was only a year and a half ago that there appeared to be bad feelings between Snoop Dogg and Eminem, both of whom are…

Ethereum Merge on track as Goerli test merge successfully finalized
With the Goerli merge going successfully, there is growing confidence that there will be no further delays to the Ethereum Merger set for mid-September. 1853 Total views 9 Total shares After Ropsten and Sepolia, Goerli was the last remaining testnet scheduled to undergo the merge, officially becoming a Proof-of-Stake (PoS) blockchain as of 1:45 am…

CBDCs could lead to ‘deeply negative interest rates’: Wall Street Journal
Issuing CBDCs may give a central bank more power over interest rate adjustments according to a new report. 253 Total views 12 Total shares According to the Wall Street Journal, central bank digital currencies (CBDCs) could actually negatively impact interest rates by giving policymakers an additional tool. A Sept. 8 article authored by senior columnist James…

Forbes “Fintech 50” List, Reviewed: New Players, Veterans and Startups Which Didn’t Make the Cut
Recently, Forbes published the fresh edition of its “Fintech 50” list, counting the world’s top financial technology firms. Notably, there are just six crypto and blockchain companies featured this year, while the 2018 list contained 11 players from the field.Given that the notorious crypto boom of 2017 has been followed by the relentless bear market,…