Challenges in Scaling Web3 Infrastructure for Mass Adoption
Web3 infrastructure has opened the door to a new era of decentralized apps and blockchain-based solutions that promise to make the internet safer and more open for everyone. On the other hand, the path to widespread adoption is full of problems that need careful attention and new ways to solve them. This article will explore […]
Botev Plovdiv FC Adopts Bitcoin, Lightning Network, Joins Nostr
Bulgaria’s oldest football club, Botev Plovdiv FC, has adopted Bitcoin and Lightning Network for peer-to-peer payments. Bitcoin has reached a new adoption milestone. Botev Plovdiv FC, the oldest football club in Bulgaria, has adopted Bitcoin and Lightning Network payments and joined the Nostr decentralized protocol . Fans can now utilize Bitcoin for peer-to-peer payments at […]
Hong Kong Monetary Authority Completes First CBDC Trial
Hong Kong’s Central Bank digital currency (CBDC) pilot program has finished its first phase, demonstrating possible developments in digital finance. Hong Kong has completed the first phase of its CBDC study. It’s still unclear if they’ll release the e-HKD retail version in its entirety. Tokenization, programmability, and atomic settlement are a few of the potential […]
Backpack Wallet to Launch VASP-licensed Crypto Exchange in Dubai
The Backpack crypto wallet has received an operational license from the Dubai Virtual Assets Regulatory Authority (VARA) to launch a cryptocurrency exchange. Backpack’s VARA license is restricted to crypto exchange services in Dubai and prohibits the company from offering any of its other virtual asset-related products or services. Backpack Exchange incorporates zero-knowledge (ZK) proof-of-reserves, multi-party […]