How Web3 is transforming global regulatory frameworks

United States lawmakers have introduced a bill to levy further sanctions on Iranian financial institutions and the development and use of the national digital currency. HR 7321 was introduced in the House of Representatives by Rep. Mike Gallagher on Dec. 17.In a bid to combat money laundering and terrorism-related activities, the “Blocking Iran Illicit Finance…

With Lebanon’s currency hitting new record lows of 4,000 Lebanese lira (LBP) per $1, chaotic prices are being listed by Lebanese Localbitcoins traders.As of this writing, spreads between listings on both sides of the order book appear to exceed 90%, leading to reports claiming that Bitcoin (BTC) is trading for $15,000 in Lebanon.The spreads appear…

If you’re an aspiring tech entrepreneur looking for insights and inspiration to enhance your knowledge and skills, here are seven must-read books to consider:The Lean Startup by Eric RiesThe acclaimed book The Lean Startup by Eric Ries has become a standard for budding tech entrepreneurs. Ries proposes the lean startup methodology, which emphasizes the value…

A majority of the crypto community criticized the US government for its indictment against Ver, and a few users called it a part of the larger anti-crypto stance of the Biden administration.

Bitcoin's (BTC) 16% price gain between Feb. 13 and Feb. 16 practically extinguished the bears' expectation for a monthly options expiry below $21,500. As a result of the abrupt rally, these bearish bets are unlikely to pay off, especially since the expiry occurs on Feb. 24. However, bulls were not counting on the strong price…

Lithuania’s central bank, Bank of Lithuania, has selected technology behemoth IBM and IT services firm Tieto as the finalists contending to develop its blockchain platform.Financial technology news outlet FintechFutures reported on the contest’s developments on Oct. 23. Per the report, both firms will test their platform and the winner will be selected later in 2019…

An $8,000 daily loss leaves the market shaking its head on one of the most volatile days in Bitcoin since the China miner rout. 14650 Total views 50 Total shares Bitcoin (BTC) fell sharply as trading continued on Sept. 7 as a volatile day took BTC price action below $43,000 in one of the most…

Layer 2s also saw increased development activity, with year-over-year smart contract deployment increasing by 160%. 255 Total views 2 Total shares Own this piece of history Collect this article as an NFTEthereum layer 2s, such as Optimism, Arbitrum and Polygon, increased in popularity in the first quarter of 2023, according to a report from Web3…

Ethereum network participants are attempting to raise the network’s block size as a direct response to network congestion.Gas limit on course to become 10 million per blockAs various parties including co-founder Vitalik Buterin confirmed this week, testing is currently underway to improve network performance and reduce transaction fees. “Given the current #Ethereum network congestion we have…