Author: CryptooTimes
The Ethereum co-founder says we’d all be better off with either anarchy or tyranny but not both.
The fragmentation and complexity of the ecosystem, with projects involving various aspects such as blockchain, hardware, and infrastructure, keeping track of all developments and opportunities can be complex. To profit from DePIN, it’s necessary to understand the use-case, the hardware, and the tokenomics of a project. This is the supply side. For the demand side to truly and sustainably take off, there’s a lot of translation that we, as an industry, need to do to integrate with the real-world economy. This work is essential to onboard the next millions to Web3 and make DePIN a success story.
U.S. District Court Judge Amy Berman Jackson is allowing U.S. the Securities and Exchange Commission’s (SEC) lawsuit against Binance to proceed. However, Judge Jackson also dismissed certain charges in the case. The SEC accuses Binance of offering unregistered broker, trading, and clearing services for digital asset securities in the U.S. In its ruling, the court upheld charges related to Binance’s initial coin offering (ICO), ongoing sales for BNB, BNB Vault, and staking services, as well as allegations of failure to register and fraud. But Jackson also granted Binance’s motion to dismiss charges concerning secondary sales of BNB and Simple Earn.…
The new holographic display could give NFTs the Pokemon Go treatment.
Microstrategy (MSTR) Long and Inverse ETF Coming Soon as T-Rex Group Files for Two New Leveraged Funds
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Akash Network (AKT) has shown strong price performance, with a notable 20% increase over the past week, amid widespread market fluctuations. The token has successfully reclaimed the 20-day exponential moving average (EMA), indicating potential for further upward movement. AAVE and KASPA are also in the green this week. Akash Network (AKT) rebounds Looking at the charts, AKT has rebounded from its support level at $2.80 and has surged more than 20% in the past week, indicating a bullish trend likely to continue. Analysts observe that the token can potentially extend its gains towards the 50-day EMA mark. Price analysis suggests…
The HKMA set up Project Ensemble several months ago to study asset tokenization and create a CBDC to support it.
The so-called old hands have been selling coins this quarter, adding to bearish pressures in the market.
Photo: FromSoftware, Image: Epic Games, FromSoftware / Bandai Namco, Nintendo / Kotaku, Square Enix, Screenshot: Playground Games / KotakuToys ‘R’ Us—or, more accurately, the brand’s reanimated corpse—made waves this week with the release of an AI-generated ad that inadvertently reveals so much about this era of widespread “enshittification.” Our piece on that, as well as a lament for the way expiring licenses are killing Forza Horizon 4, a celebration of the year’s best gaming bop, and more, all await in the pages ahead.
Blockchain can combat illicit fund transfers, Nigeria’s top finance investigator says
Blockchain technology and artificial intelligence (AI) can be used to combat illicit activity, according to Nigeria’s Economic and Financial Crimes Commission (EFCC) chair, Olanipekun Olukoyede. The stakes are high for Africa. The continent loses a substantial $88.6 billion annually to illegal fund flows. According to The Guardian, Olukoyede expressed concern that these funds could be better utilized for essential infrastructure, healthcare, and education. A statement from the Commission’s spokesperson, Dele Oyewale, indicated that Olukoyede made this revelation in Tunis, Tunisia, during a keynote address at the Pan-African Conference on Illicit Financial Flows and Tax evasion. The conference brought together key…