China launches world’s first blockchain satellite into space, meanwhile, McDonalds Hong Kong brings McNuggets into the Metaverse. Chinese blockchain Sputnik’s maiden voyage A Chinese satellite has become the first in the world to carry a blockchain imaging and screening system into orbit.  According to local news outlet Red Star News on July 22, the Tai’an...Continue Reading

NFT mystery boxes are curated collections of unknown digital assets, offering buyers the excitement of discovering the contents after purchase. Risks associated with NFT mystery boxes The risks of NFT mystery boxes include uncertain value, the potential for counterfeit or low-quality NFTs, market volatility, scams, and a lack of control and transparency. Uncertainty over the...Continue Reading

Fumio Kishida described Web3 as a “new form of capitalism” in a keynote address at WebX conference in Japan. Japananese prime minister Fumio Kishida reaffirmed the country’s commitment to foster the Web3 industry, highlighting its potential to transform the internet and kindle social change.  Kishida made the comments in a keynote address on day one...Continue Reading

The decentralized game publisher said its team had witnessed a significant rise in phishing attempts within its community and in the Arbitrum ecosystem. A decentralized autonomous organization (DAO) focusing on gaming has recently warned its users that some of its X accounts were compromised. The company reminded its community that it doesn’t have airdrops, new...Continue Reading

The state seeks someone with connections and expertise in the blockchain industry, promising a $150,000 annual salary. The United States state of Wyoming is beginning its work on its stablecoin, officially called the “stable token” project, by opening a job position for the head of the stable token commission. The executive will lead a team...Continue Reading

Just 20 days after Mark Zuckerberg’s Meta launched Threads to rival Elon Musk’s X, TikTok joined the race by allowing users to create and post text-based content. Social media giant TikTok announced a feature launch aimed at dethroning Twitter (recently rebranded to X) as the go-to text-based social media platform. Just 20 days after Mark...Continue Reading

The crypto bills could hand power to the purportedly more crypto-friendly CFTC and better define the SEC’s jurisdiction. Since 2022, there have been at least 50 digital asset bills reportedly introduced to Congress, aiming to govern everything from stablecoins to the jurisdictions of United States regulators. However, at least four of them are seen as...Continue Reading

The Bitcoin Implied Volatility Index has fallen to its lowest levels since the crypto options exchange launched the tracker in early 2021. Crypto options exchange Deribit’s future-looking Bitcoin (BTC) volatility index — used as a crypto fear gauge of sorts — has reportedly reached its lowest level in two years, indicating a possible lack of...Continue Reading

A subtle change in Elon Musk’s Twitter bio has reignited rumors Dogecoin may soon be used for payments on Musk’s “everything app.” A subtle change in Elon Musk’s Twitter bio after his platform’s rebrand to “X” has again fanned the flames of speculation — that Dogecoin (DOGE) may have a future on the platform. On...Continue Reading

Binance, Changpeng Zhao and former compliance chief Samuel Lim intend to file two motions to dismiss a March lawsuit from the CFTC against them. Crypto exchange Binance and its CEO Changpeng “CZ” Zhao are planning to file a motion to dismiss a March-filed lawsuit from the United States commodities regulator. In a July 24 filing...Continue Reading