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19 Dec 2023

BlockShow Partners with BlockDown for Cryptocurrency Festival in Hong Kong

BlockShow, an internationally recognized blockchain and cryptocurrency conference, is returning after a four-year hiatus to partner with the BlockDown Festival, powered by PR firm EAK Digital. This collaboration aims to create a Web3-themed festival in Hong Kong in 2024.

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19 Dec 2023

EU Commission Initiates Action Against X for ‘Illegal Content Propagation’

The European Commission has initiated a formal inquiry into X, previously known as Twitter, concerning its handling of material linked to Hamas' aggression towards Israel.

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19 Dec 2023

Bitcoin’s 150% Surge in 2023 Overshadowed by Even Greater Performances from Other Companies

Bitcoin's impressive 150% surge in 2023, while significant, was outshone by the remarkable 266% return achieved by publicly listed mining companies and crypto firms like Coinbase, according to a recent report from Matrixport, a leading financial services firm.

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18 Dec 2023

Blockchain Gaming Market Poised for Remarkable Growth, Forecasted to Reach $614 Billion by 2030

The global blockchain gaming market is anticipated to experience explosive growth in the coming years, with a potential value of approximately $614 billion by 2030

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18 Dec 2023

Decentralized Exchanges (DEX) Rebound Strongly: $29 Billion Traded in November

November witnessed a remarkable resurgence in monthly trading volumes on decentralized exchanges (DEX), with a total of $29 billion, signaling a substantial recovery from a multiyear low observed in September.

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18 Dec 2023

Meta Issues Public Apology to Qatari Billionaire Over Scam Crypto Ads on Facebook

A three-year legal battle concludes with Meta apologizing to Wissam Al Mana for the unauthorized ads that caused reputational damage and distress.

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18 Dec 2023

TRM Labs Report: Crypto Industry Witnesses Over 50% Reduction in Hack Volumes in 2023

Research conducted by TRM Labs has unveiled a substantial drop in hack volumes within the cryptocurrency industry during 2023, with a reduction of more than 50% compared to the previous year.

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18 Dec 2023

Four Individuals Face U.S. DOJ Charges for Alleged $80M Laundering in Crypto Investment Scams

The U.S. Department of Justice (DOJ) has brought charges against four individuals for their alleged involvement in laundering over $80 million from cryptocurrency investment scams.

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17 Dec 2023

Tether responds to US lawmakers’ calls for DOJ action

Tether has responded to the calls from U.S. lawmakers regarding its stablecoin use. The company, behind the stablecoin Tether (USDT), has sent letters to members of the U.S. Senate Committee on Banking, Housing, and Urban Affairs and the U.S. House Financial Services Committee on Nov. 16 and Dec. 15, addressing concerns about the illicit use of its stablecoin. These letters detail Tether's commitment to combatting the illicit use of stablecoins.

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17 Dec 2023

Polygon Labs is shifting its focus towards the CDK expansion while ceasing contributions to Edge

Polygon Labs has decided to halt its contributions to the Edge platform, designed for custom Ethereum-compatible blockchain networks. This strategic move aligns with Polygon Labs' commitment to prioritize the growth of the Polygon Chain Development Kit (CDK), an open-source toolkit for constructing ZK-powered Layer 2 chains on Ethereum, catering to both Web3 projects and Web2 enterprises.

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17 Dec 2023

A report highlights ChatGPT’s geographic biases in addressing environmental justice issues

A recent investigation uncovered limitations in ChatGPT's ability to offer localized information on environmental justice issues. Virginia Tech, a U.S. university, released a report outlining these biases, indicating disparities in ChatGPT's responses across various counties.

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17 Dec 2023

Hacked and Restored: The Bizarre Heist of NFTs

In a significant breach of digital security, NFT Trader, a prominent peer-to-peer trading platform for nonfungible tokens (NFTs), fell victim to a sophisticated hack on December 16. This cyberattack resulted in the theft of a substantial amount of valuable NFTs, causing considerable turmoil in the digital asset community.