South Korean lawmaker and Wemix investor Kim Nam-kuk will stay in the parliament after a 3:3 vote in the expulsion motion. South Korea’s parliamentary ethics subcommittee has voted down a motion to expel Kim Nam-kuk, a former member of the main opposition Democratic Party. A parliamentary ethics subcommittee of South Korea has voted down a...Continue Reading

Patricia clarified that it will operate similarly to an IOU (I owe you) document, serving as a means for the exchange to acknowledge its debt to its users. The announcement of Patricia Token (PTK) by Nigerian crypto exchange Patricia was greeted by users with scepticism and some suspicion, as they took to social media to question...Continue Reading

Google Cloud and the government of El Salvador have entered into a 7-year partnership to digitize the country’s infrastructure in various sectors. Google Cloud announced a new partnership with the government of El Salvador on Aug. 29 to establish an office and provide Google Distributed Cloud (GDC) services in the country.  The partnership aims to...Continue Reading

Company requests the use of Tire Derived Fuel, citing the United States Environmental Protection Agency’s approval to use this kind of energy source at other industrial facilities in the state. Stronghold Digital Mining, a Pennsylvanian crypto-mining company, is currently seeking approval to produce up to 15% of its energy using shredded tires, at its Panther...Continue Reading

Jam-Dex would be significantly transformative for the public transportation sector and needs to be embraced, believes Aldo Antonio, co-founder and acting executive chairman of the National Transporters Alliance Group. Bus and taxi operators in Jamaica are eager to use the country’s in-house central bank digital currency (CBDC) — Jam-Dex — as locals seek operational efficiencies...Continue Reading

GBTC shares trading at a lower implied value to BTC price may soon be a thing of the past, a new prediction says. Bitcoin (BTC) investment vehicle, the Grayscale Bitcoin Trust (GBTC) could erase its BTC price “discount” in 2024. In an X post on Aug. 30, monitoring resource CoinGlass predicted that the so-called “GBTC...Continue Reading

The action will impact how the government formulates inventive technological solutions for critical national challenges. Nigeria is extending an invitation to scientists of Nigerian heritage, as well as globally renowned experts who have worked within the Nigerian market, to collaborate in the formulation of its National Artificial Intelligence (AI) Strategy. According to Bosun Tijani, the...Continue Reading

HashKey becomes the first licensed retail cryptocurrency exchange to launch in Hong Kong and anticipates major growth of the Web3 industry in the special administrative region. Hong Kong retail cryptocurrency traders now have access to a locally based cryptocurrency exchange after HashKey took its retail trading services live to users in China’s special administrative region on Aug....Continue Reading

The EOS Network Foundation announced that the EOS token will start trading on the Japanese exchange BitTrade in September. The EOS token has been granted whitelist approval by Japan’s crypto regulator, paving the way for the token to be traded against the Japanese yen on regulated exchanges in the country.  In an announcement sent to Cointelegraph,...Continue Reading

A bipartisan committee of British MPs said Rishi Sunak’s government must prioritize the rights of musicians and creators over AI developers. A British parliamentary committee is pressuring the government to axe plans that would allow artificial intelligence developers to freely train their systems on existing works of music, literature and art.  In an Aug. 30...Continue Reading