More than 70 startups have raised over $600 million in the embryonic Web3 digital marketing sector. The Web3 ecosystem could become the next golden opportunity for digital marketers, with almost 200 companies already “thinking deeply” about how to utilize the Web3 tech stack. On July 25, Web3 marketing analytics firm Safary released a comprehensive report...Continue Reading

“I’m going to put my money where my mouth is,” said the Democratic presidential candidate as he doubled down on his support for Bitcoin. Democratic presidential candidate Robert F. Kennedy Jr. has confirmed he purchased a significant amount of Bitcoin (BTC) earlier this year — buying two BTC for each of his seven children. Speaking...Continue Reading

The FTX co-founder may be able to face one less charge relating to his alleged mismanagement of the cryptocurrency exchange. United States prosecutors have signaled they will drop a charge against FTX co-founder Sam Bankman-Fried, which had alleged he conspired to make unlawful campaign contributions. In a July 26 letter to District Court Judge Lewis...Continue Reading

Two crypto regulatory bills have been passed by the United States House Financial Services Committee United States in one day. A key United States House panel has approved a pair of bills that will be key to developing a regulatory framework for cryptocurrencies, reducing regulatory red tape for crypto, and setting clearer rules for the...Continue Reading

CoinsPaid said it is now working with Estonian law enforcement and several blockchain security firms are assisting to minimize the impact of the July 22 exploit. Cryptocurrency payments platform CoinsPaid has pointed the finger at North Korean state-backed Lazarus Group as being behind the hacking of its internal systems, which allowed them to steal $37.3...Continue Reading

Meanwhile, Meta’s metaverse-building business has racked up around $21 billion in losses since the start of 2022. Meta’s metaverse-related losses topped $3.74 billion over the second quarter with the Big Tech player spending $7.7 billion on its virtual reality business so far in 2023. Its second-quarter results released on July 26 saw Meta report an 11%...Continue Reading