Weekly Digest

Will Nigeria’s Blockchain Legacy Survive the Obinna Iwuno Fallout?

The Blockchain Association of Nigeria recently faced turmoil due to the expulsion of its president, Obinna Iwuno, who was accused of registering an...

The Hidden Environmental Costs of Generative AI: What Web 3 Leaders Need to Know

The rapid growth of generative AI has raised concerns about its potential to contribute to global carbon emissions. Data centers, particularly in Ireland,...

How Vague Crypto Regulations Are Holding Back Australia’s Six Million Potential Investors

Swyftx CEO Jason Titman states that nearly six million potential Australian crypto investors are hesitant due to unclear crypto regulations. Australia's National Blockchain...

How India’s Blockchain Document System is Transforming Land Ownership and Municipal Services

The Ahmedabad Municipal Corporation is leading blockchain technology for document management, improving the security and authenticity of important records. India's National Strategy for...

Will Coinbase’s Partial Court Victory Over the SEC Reshape Crypto Regulatory Frameworks?

Coinbase partial victory marks a crucial point in its battle with the SEC. The SEC’s accusations and the impact of the FTX collapse...

Crypto Shakeup: Block Inc. Surpasses Coinbase as Market Cap Leader

  Block Inc. just exceeded Coinbase in market value, sparking industry interest. Legal challenges and market instability have hurt Coinbase's market value and stock performance. Barclays upgraded its investment attitude from underweight to equal weight after Coinbase's shares was under pressure after winning an SEC lawsuit. The crypto community is an ever-expanding franchise, steadily transforming technology as we know it. In less than two decades, blockchain technology...

Ripple’s $125 Million Settlement with SEC: Ripple’s Strategy for Appeal and Future Prospects

Ripple's legal team requested a stay on the judgment and proposed depositing 111% of the settlement amount into a bank account. The Ripple-SEC...

Robinhood Crypto Settles $3.9 Million Over Blocked Withdrawals: A Win for Crypto Traders

California's Justice Department reached a $3.9 million Robinhood Crypto settlement catering to the victims of the blocked crypto withdrawals. Despite the issues, Robinhood...

Bitmama and MANSA’s Game-Changing Collaboration in Africa

Bitmama and MANSA's collaboration aims to enhance financial inclusion through improved cross-border payments. Blockchain and DeFi are crucial in providing efficient financial services...

Crypto.com Expands Global Reach with Standard Chartered Partnership

Crypto.com and Standard Chartered partner to launch Global Retail Services in Dubai, the latest hotspot of digital assets  Dubai's Virtual Assets Regulatory Authority helps collaborate and assures crypto transaction security. Leveraging Standard Chartered's global network, Crypto.com aims to expand its reach, demonstrating the importance of financial innovation in the evolving crypto landscape. 2024 will go down in history...

Nigeria Embraces Digital Economy: Civil Society Applauds Groundbreaking Crypto Tax Proposal

Zacch Adedeji's proposal aims to modernize Nigeria's crypto tax laws for the digital age. Nigerian CSOs back the proposal as a progressive...

Meta Workplace App Phased Out in Favor of AI and Metaverse Development

Meta Platforms will discontinue the Meta Workplace app by June 2026 to concentrate on AI and metaverse technologies. Meta aims to leverage...

August 2024 NFT Market Crash: Examining the 41% Sales Decline and Future Prospects

The NFT market decline shakes August 2024 as sales by 41.36% to $376.30 million, and transactions fell to 7.45 million, reflecting a 50%...

August 2024’s Crypto Crisis: A Deep Dive into the Hacks Rocking the Digital Asset World

Over 10 assaults cost $313 million in August, highlighting weaknesses and the need for better protection. Crypto hacks costs over 93.5% of money ($293.4 million), emphasizing the need for user education and awareness. Phishing on major cryptocurrencies, the Ronin Network breach, and Nexera's smart contract vulnerability demonstrate hacker techniques and the need for solid security. The digital asset landscape is in turmoil, rocked by a surge in crypto hacks that have...

Holon: Leading the UAE’s Revolution in Decentralized Data Storage and Sustainable Energy

Holon, an Australian company in Dubai, leads in AI and Web 3.0 innovations, transforming data storage with decentralization and sustainable energy. Decentralized storage...

AI Agents Go Autonomous: Coinbase’s Pioneering ‘AI to AI’ Token Purchase and Its Implications

Coinbase AI to AI transaction system, announced by CEO Brian Armstrong, highlights progress in crypto and AI integration. The transaction used AI-specific tokens...