Polygon Labs has teamed up with Reliance Jio, India’s largest telecom operator to integrate blockchain capabilities. This collaboration could potentially reach over 450 million users, and significantly accelerate Web3 adoption in India. According to the official blog post, Jio will leverage Polygon’s Proof-of-Stake (PoS) blockchain technology to incorporate Web3 features ... Read more
Ethereum role as “money” connects deeply with decentralization and AI-driven change. Corporate L2 solutions face criticism for straying from Ethereum’s principles. Calls grow for a community-driven L2 prioritizing fairness, governance, and decentralization. An Ethereum enthusiast reignited debate about ETH’s profound significance, tweeting that it represents the most decentralized and uncensorable ... Read more
Oklahoma introduced a bill to adopt Bitcoin as a strategic reserve asset. HB1203 aims to secure state funds against inflation through digital investments. The legislation showcases Oklahoma’s leadership in innovative fiscal policies. Oklahoma’s Representative Cody Maynard announced the Strategic Bitcoin Reserve Act on Jan. 15. This groundbreaking legislation seeks to ... Read more
Dubai is about to introduce a new 17-story crypto hub expected to open in 2027. This would add to various blockchain-linked projects that have cropped up worldwide. According to a Jan. 15 statement, supported by the Dubai Multi Commodities Centre and REIT Development, it will introduce an innovative era in ... Read more
Canary Capital lately amended its S-1 filing for a Litecoin exchange-traded fund (ETF), a move seen to spur speculation that Litecoin might be the next digital asset to get the green light from the U.S. Securities and Exchange Commission (SEC). If approved, it would become the third crypto ETF to ... Read more
The U.S. Securities and Exchange Commission (SEC) has formally appealed its case against Ripple Labs. The appeal, filed late Wednesday, contests a July 2023 ruling that dismissed claims that XRP retail sales were unregistered securities. The appeal focuses on whether these sales qualify as securities transactions under the Howey Test. ... Read more
The United States Securities and Exchange Commission (SEC) has accused noted business magnate Elon Musk of violating securities laws. The regulator says that Musk did not report his purchase of more than 5 percent of Twitter’s shares in the prescribed time, which is against the federal securities laws. The lawsuit ... Read more
A Russian man was arrested and charged with high treason for supposedly helping the Ukrainian Armed Forces (AFU) through the use of cryptocurrency. This is the first time a case has been made public in Russia where cryptocurrency transactions are linked to supporting another military force. The FSB confirmed the ... Read more
Ethereum needs a community-driven Layer 2 (L2) to uphold its values of fairness and decentralization. Corporate L2s like Arbitrum and Base prioritize profits over aligning with Ethereum’s core ethos. A decentralized L2 can unite the ecosystem and direct value back to Ethereum L1. Ethereum is facing increasingly high challenges as ... Read more
Virtual Protocol is creating a stir with its blend of artificial intelligence and the Metaverse. The crypto project aims to enhance users’ experience in gaming and virtual interactions. Built on the Base blockchain, it has secured a staggering market cap of $2.9 billion within a short time. Its advanced AI ... Read more
