Leaning into Web3’s strengths while following established protocols can create a strong, holistic data security strategy. No matter the industry, protecting user data is a top-of-mind concern for any business that collects it. Blending industry-agnostic security strategies with the inherent strengths of Web3 practices and technologies can help companies create a well-rounded defense system for...Continue Reading

According to the SEC, tokens at issue in its civil case against Terraform Labs should be a “legal question” for a court, “not a factual question for the jury.” Lawyers representing the United States Securities and Exchange Commission (SEC) requested the judge in its civil case against Terraform Labs and co-founder Do Kwon determine whether...Continue Reading

“Please refrain from deposits at the moment. Inbound at max capacity,” wrote one community manager. Bitcoin infrastructure developer Nostr Assets has paused deposits following record-high user activity. According to a Dec. 5 announcement posted on Telegram, Nostr Assets developers warned, “Please await further announcements and do not attempt to deposit into NostrAssets for the time...Continue Reading

Earlier this year, PayPal released its own stablecoin. What effect has it had on crypto adoption? PayPal’s introduction of its native stablecoin, PayPal USD (PYUSD), has sparked heated debates within the crypto industry regarding its possible sway on payments and wider crypto adoption. While this step seems to be a big jump toward accepting cryptocurrencies...Continue Reading

Brett Harrision (ex-FTX US) dishes the dirt on the “insecure, prideful” SBF and tips a spot Bitcoin ETF will shatter the futures ETF’s records The former president of FTX US dishes the dirt on his falling out with former Jane Street colleague Sam Bankman-Fried and predicts the spot Bitcoin ETF will far outshine the record-breaking...Continue Reading

Swiss city of Lugano officially announced that it has started accepting Bitcoin and Tether as payment for taxes and all other community fees. The Swiss city of Lugano is enhancing the local adoption of Bitcoin (BTC) by enabling citizens and companies to pay for municipal services and taxes with cryptocurrency. The city of Lugano officially...Continue Reading

The central banks of Italy and South Korea announced a memorandum of understanding in the development and deployment of CBDCs. Banca d’Italia — Italy’s central bank — announced on Dec. According to the Italian central bank, the memorandum of understanding includes the “mutual sharing of knowledge and information” when it comes to information and communication technology...Continue Reading

Some pensions funds that experimented with emerging assets like cryptocurrency have lost millions of dollars. Pension funds are in a perpetual crisis worldwide, with low demographic rates in many countries foreshadowing a dim future for such investments, combined with young people’s lack of faith in the continued existence of social security models. In order to...Continue Reading

The Capital Markets (Amendment) Bill will now be introduced to the lower chamber of the Kenyan parliament. A bill defining crypto assets as securities and imposing capital gains tax on them has made it through a Kenyan parliamentary committee. According to the Kenyan newspaper Business Daily on Dec. “This is a very critical law that...Continue Reading

Singapore released an updated version of its national AI strategy that includes plans for boosting government competency, building a smart nation and increasing compute capacity. The Singaporean government released its updated national strategy for artificial intelligence (AI) 2.0 on Dec. Singapore structured its AI strategy into three distinct systems, consisting of ten “enablers,” which drive...Continue Reading