innovation

Lennix Lai, the Global Chief Commercial Officer at OKX, discussed various aspects of the cryptocurrency industry during an interview at the Blockchain Economy Summit in Dubai. Here are some key points from the interview: Crypto vs. Traditional Finance: Lai highlighted the differences between work ...

Kraken, a prominent cryptocurrency exchange, is gearing up to diversify its services by entering the realm of traditional finance. The exchange has announced plans to launch US-listed stock and Exchange-Traded Fund (ETF) trading services in 2024, marking its first venture outside of the cryptocurren ...

Solana (SOL) is currently in a pivotal moment as it attempts to break above the $19 resistance against the US Dollar. To initiate a fresh upward move, SOL's price needs to establish stability above key levels like $19 and $20. Here's a breakdown of the current SOL price situation: SO ...

Solana's Roadmap for Rebuilding Trust After a Challenging Year In an effort to move past the repercussions of FTX's collapse last year, Solana, a layer-1 smart contract blockchain, is charting its course for the next five years. Anatoly Yakovenko, co-founder of Solana, outlined a long-term value ...

Web3 startups often grapple with unique challenges within the evolving ecosystem, including navigating complex regulatory frameworks and scaling while adhering to decentralization principles. Moreover, the recent decline in venture capital investment in Web3 startups has created a need for additiona ...

Several prominent crypto commentators have criticized the new crypto tax reporting rules recently put forth by United States president Joe Biden. On Aug. 25, in an effort to catch crypto users avoiding taxes, the Internal Revenue Services (IRS) proposed brokers follow new rules for selling and tr ...

What is Base? Unpacking Coinbase’s new layer-2 network and its impact Base, Coinbase’s new layer-2 blockchain network, was built to enhance Ethereum’s capacity for decentralized applications, improve user interfaces, and r ...

YouTube released its “principles” for working with players in the music industry on artificial intelligence (AI) technology, on Aug. 21. The CEO of YouTube, Neal Mohan, outlined in a blog post that now is a critical time to “ boldly embrace this technology with a continued commitment to responsib ...

As the bear market keeps slashing venture capital investments in the crypto industry, alternative funding options, such as grants, have been gaining traction as a means of supporting the community while enabling the growth of established projects. According to Blockchain Grants, at least 40 c ...

The CEO of major U.S. cryptocurrency exchange Coinbase Brian Armstrong believes that the negative stance of U.S. regulators on cryptocurrencies only plays into the hands of China and other countries. In an article for MarketWatch magazine, Brian Armstrong noted that the cry ...

University of Nicosia announced a collaboration with blockchain platform Aleph Zero to conduct research and organize educational seminars on blockchain. Aleph Zero co-founder Antoni Żółciak said the platform has awarded the university a grant to conduct blockchain researc ...

As reported in local publications, the Beijing Municipal Science and Technology Commission has published its own Web3 White Paper on Innovation and Development. Beijing aims to become an international innovation center for the digital economy. The document describes Web3 ...

They called for looking at blockchain from more than just an investment perspective The cryptocurrency ecosystem offers much more opportunity Executive Vice President (EVP) of Mastercard Raj Dhamodharan spoke at the North America Innovation Day event. In addit ...

The Chinese city of Nanjing unveiled a state-supported meta-universe platform Nanking, capital of China's eastern Jiangsu province, has unveiled a state-supported technology and application innovation platform focused on the development of the meta-universe across China. The state platform of ...

MicroStrategy co-founder and CEO Michael Saylor said the company is exploring Bitcoin Ordinals project opportunities for innovation. The Ordinals protocol was launched on the Bitcoin network in January, followed by a wave of experiments with the first blockchain. The p ...

The U.S. Chamber of Commerce submitted a brief report on the Coinbase trading floor case and the SEC, criticizing the agency for unfairness against cryptocurrency companies. The U.S. Chamber of Commerce began by saying that the U.S. lacks clarity on digital assets, while ...

U.S. Securities and Exchange Commission (SEC) Commissioner Esther Pearce believes that the recently passed European Union's Cryptocurrency Regulation Act (MiCA) would be a good model for oversight of the industry. Speaking at the Crypto and Digital Assets Summit in London, ...

This includes the industries of AI, blockchain, computer technology, etc. This is how the country plans to become an outpost of innovation El Salvadoran President Naib Buquele has signed a law that eliminates all taxes on companies from the technological innovati ...

The Crypto.com app will have new features thanks to the partnership Users will be able to enhance the trading and analysis experience Crypto.com is integrating with Samsung to improve the exchange app. https://help.twitter.com/en/twitter-for-websites-ads-info- ...

MyEListing.com, a new real estate platform that allows buyers and sellers to transact in cryptocurrency, has just launched in the United States. The platform boasts the ability to close trades within a single business day, and is available for users from around the globe. The platform is integ ...

The CEO of the UK Financial Conduct Authority (FCA) has highlighted the evolution of cryptocurrencies from "rebellious instruments" to a mainstream asset class. Ten years ago, digital currencies were viewed as an investment tool for gaining independence from the state, but today, they have gained ...

Bitget, a crypto exchange, has recently announced the inclusion of liquid staking derivatives as a margin option for BGB-margined futures, making it the first centralized exchange to bring such a product to the market. Bitget Margined Futures is a product designed for cryptocurrency enthusiasts t ...

According to billionaire and venture capitalist Chamath Palihapitiya, the cryptocurrency industry in the United States is on the brink of collapse due to what he believes is the stifling regulations imposed by the government. Palihapitiya claims that the US authorities vi ...

The Riksbank, Sweden's central bank, recently released a report detailing the findings of its third round of experiments with its state stablecoin. The report primarily focused on the governance and programmability of the digital currency. Riksbank's researchers emphasized that the digital kro ...

At a conference hosted by American bank Morgan Stanley, Brian Chesky, the CEO of Airbnb, shared his thoughts on companies that focus on cryptocurrencies, the metaverse, and artificial intelligence. Chesky criticized those who prioritize these trendy technologies solely for the sake of advertising ...

The European Commission is worried about the potential dominance of big tech firms in the metaverse market, which may overshadow European startups. To address this, the Commission recently released a consultation paper outlining the benefits of the Metaverse and its potential to create new busine ...

Chinese officials have emphasized the need for international regulators to tighten oversight of the cryptocurrency industry to protect users from fraud and financial loss. Xuan Changneng, the deputy governor of the People's Bank of China (PBOC), acknowledged the importance of not "blocking the ro ...

According to Ambre Soubiran, the CEO of cryptocurrency asset data provider Kaiko, the landscape of the crypto trading and investment market is set to change. Soubiran believes that Hong Kong may soon emerge as a central player in this field, as local players in the US crypto market are forced to ...

The US Senator's plan to center his election campaign on the formation of an "anti-cryptography army" has sparked outrage among concerned members of the public. In a united address to the US Parliament, David McIntosh, Grover Norquist, and Adam Brandon, the presidents of non-profit associations C ...

Flybondi, the budget airline from Argentina, has launched a unique project called Ticket 3.0, which involves issuing tickets in the form of non-fungible tokens (NFT). By utilizing Algorand blockchain technology, passengers can now transfer, exchange or sell their tickets as per their convenience. ...

Coinbase, a leading cryptocurrency exchange, has urged the US government to establish clear regulations for the cryptocurrency industry to retain highly skilled Web3 developers in the country. According to a report by Electric Capital, the US share in the development of Web3 has declined from 40% ...

El Salvador's president, Nayib Bukele, has been making waves in the global community by recognizing bitcoin as a legitimate means of payment and touting his country as a safe haven for foreigners. In a tweet that harkens back to vintage American-style posters, Bukele invites people to move to his ...

Senator Ted Cruz of Texas has put forward a proposal to stop the US Federal Reserve (Fed) from releasing its own digital currency for the retail market. According to the Republican senator, the bill would prohibit the government from utilizing the digital dollar to oversee the populace's financia ...

"The Zambian government is taking a big step forward by embracing the use of crypto assets for payments," declared Felix Mutati, the Minister of Science and Technology. He stated that Zambia is prepared to integrate digital currencies into its financial system and that the government has already ...

Anticipated to persist in its robust growth from the previous year, the blockchain gaming industry is forecasted to make significant strides in 2023. This projection comes amidst an ongoing trend of traditional games implementing web3 elements that have been a result of the profound influence of blo ...