The group added it would consider the benefits and challenges of granting the DAO legal status in Japan, citing the state of Wyoming approving similar legislation in July 2021. The Digital Agency of Japan, aimed at harmonizing nationwide initiatives related to digital transformation, has launched a research decentralized autonomous organization, or DAO, targeting Web3. In...Continue Reading

Fidelity Crypto will focus on Bitcoin and Ether initially. The brokerage will make money by charging a 1% spread on trades. Fidelity Investments is expanding retail access to commission-free cryptocurrency trading services — a move designed to recognize growing mainstream interest in digital assets.  According to CNBC, Fidelity’s new crypto offering will be powered by...Continue Reading

BNB price took a brief breather after a recent double-digit rally, but the network’s TVL and DApp use are reasons for investors to remain bullish. After an impressive 23.7% rally between Oct. 25 and Oct. 31, Binance Chain BNB, has faced a strong rejection from the $330 resistance. Is it possible that the two-day 6%...Continue Reading

According to a co-founder of The Sandbox, the future of the metaverse is in a state of evolution, with both brands and users as important catalysts of growth. The building of the metaverse is an ongoing process. Sebastien Borget, co-founder of The Sandbox metaverse, even called the future of the metaverse evolving. Speaking to Cointelegraph’s...Continue Reading

The island nations of Malta and Cyprus are still ahead of their bigger neighbors when it comes to crypto regulation. Despite the turbulence that broke out in the crypto market this summer, there is an important long-term marker that should be considered in any complex assessment — the combination of adoption and regulation. The latest...Continue Reading

The Lens Protocol and Laguna Games launched a new gaming ID, which connects users across multiple games. Nonfungible token (NFT) gaming is getting a facelift. A new collaboration between Laguna Games, a Web3 research and development entertainment developer, and Lens Protocol allows players to connect across multiple gaming experiences. These new decentralized gaming IDs will...Continue Reading

An attacker took advantage of low liquidity to steal over $116 million from Mango Markets. It would seem that the hackers used an “oracle price manipulation” tactic in the exploit on the Solana-based DeFi network, as indicated by a tweet sent by the official account for the Mango cryptocurrency exchange. In mid-October, traders took advantage...Continue Reading

Polygon’s list of high-profile partners is getting longer, with Disney, Starbucks and Robinhood already boarding its blockchain. Polygon (MATIC) emerged as the best-performing asset among the top-ranking cryptocurrencies on Nov. 3 as the market’s attention turned to the latest Instagram and JPMorgan announcements. Polygon in high-profile partnerships Notably, Meta, the parent company of Instagram, named...Continue Reading

The crypto gateway provider Fasset and Singapore’s Digital Treasures Center are among the startups entering the latest Mastercard Start Path program. Global payments giant Mastercard continues supporting cryptocurrency and blockchain startups as part of its fintech accelerator, the Mastercard Start Path program. Mastercard has chosen another seven industry startups for its Start Path program in...Continue Reading

The Bank of England is trying to bring soaring inflation under control by dramatically increasing the cost of borrowing money. Desperate times call for desperate measures. The Bank of England, effectively the United Kingdom version of the Federal Reserve, has raised interest rates by the highest rate in 33 years. The Bank of England’s Bank...Continue Reading