Kenya forms parliamentary committee to investigate Worldcoin
The Kenyan government has created a parliamentary committee investigating a controversial crypto project. The Worldcoin cryptocurrency project has encountered another barrier – this time in Kenya, where the government has appointed a 15-member parliamentary committee to study the controversial asset. The Kenyan government organized a 15-member committee headed by Narok West Member of Parliament Gabriel […]
Binance Labs Invests in Delphinus Lab
Binance Labs is accelerating the Web3 revolution by investing in Delphinus Lab, a pioneering infrastructure provider in the zkWASM market. This investment, made on August 21, marks the beginning of a new era for Web3 apps, promising increased security, privacy, and flexibility for developers and users. zkWASM is a technology that combines zero-knowledge (ZK) encryption […]
The Federal Republic of Somalia Bans Telegram, TikTok
The Federal Republic of Somalia is the most recent nation to ban the cryptocurrency-friendly messaging app Telegram, joining TikTok and 1XBet. However, cryptocurrency investments are not banned in the country. The Somalian Ministry of Communications and Technology (MOCT) officially announced the shutdown of Telegram, TikTok, and 1XBet on August 20. On Sunday, MOCT Minister Jama […]
Terra Luna Community Passes Proposal to Burn 800M USTC
The community has officially passed Terra Luna Classic’s proposal to burn 800 million USTC directly. In response, the prices of LUNC and USTC have soared after declining more than 10% amid a broader crypto market selloff. Vegas’s proposal 11710 to “Directly burn the 800 million USTC” has been approved by the Terra Luna Classic community. […]
Mastercard Teams Up with Blockchain Firms to Explore CBDCs
Mastercard launches a CBDC Partner Program with seven leading crypto and blockchain companies, including Ripple, ConsenSys, and Fireblocks, to explore the benefits and challenges of digital currencies. Mastercard, one of the world’s largest payment-processing companies, has launched a new initiative to explore the benefits and challenges of central bank digital currencies (CBDCs) with seven prominent […]