India’s crypto future hinges on DEA’s September consultation paper
The DEA’s paper is expected to be a watershed moment for India’s crypto regulation, potentially setting the stage for comprehensive legislation.
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India negotiates cross-border CBDC payments with global central banks
The CBDC should enhance the country's potential for foreign trade with nations that lack U.S. dollar reserves. The Reserve Bank of India (RBI) is currently in dialogue with its counterparts from at least 18 other countries on the possibility of cross-border payments in the “digital rupee”. The report about RBI’s ambitious foreign trade plans for the…
AVAX price rallies after Avalanche development incentive and mainnet upgrade announcement
A $40 million developer incentive and upcoming mainnet upgrade translated to price upside for AVAX.
Zilliqa 2.0 upgrade enhances speed and cross-chain compatibility
Block times can also be adjusted as desired. The root mainnet shard features an average block time of just 2 seconds.
Do Kwon’s extradition to go back to Montenegro High Court after appeal
Since his arrest in March 2023, Do Kwon has been in Montenegro. He could be extradited to either his native South Korea or the United States to face fraud charges.
‘Godfather of AI’ advises UK government to start UBI
Geoffrey Hinton also warns that advanced AI could pose an existential threat within the next five to twenty years.
Sam Bankman-Fried’s legal team turns over docs related to NYT story, requests they be sealed
Lawyers claimed there was a “need to avoid” the public dissemination of documents Sam Bankman-Fried had shown a New York Times reporter that led to a story on Caroline Ellison. 223 Total views 3 Total shares Lawyers representing former FTX CEO Sam Bankman-Fried, also known as ‘“SBF,” have requested the court seal documents related to…
Adobe offers users the ability to verify NFT marketplace creations through metadata
The software company's Content Credentials can add an NFT creator’s wallet address and social media information to the metadata of tokens listed on the marketplace. 494 Total views 46 Total shares Many nonfungible token (NFT) marketplaces are allowing digital collectors to identify artwork based on the wallet address of its creator through a partnership with…
BitMart Announces Investment From China-Based VC Firm Fenbushi Capital
Digital assets trading platform BitMart has reportedly secured “millions of investment” from Chinese blockchain-focused venture capital firm Fenbushi Capital. BitMart announced the news on Aug. 7.To bring transparency to the global economyWith the investment, BitMart has joined over 50 international blockchain projects Fenbushi has invested in, aiming to achieve more transparency and efficiency in the…