India Says Goodbye to Its Blockchain Council

The Internet and Mobile Association of India (IAMAI) has released a statement saying that its Blockchain and Crypto Council (BACC) is now fully dissolved. Apparently, blockchain isn’t that big of a deal within the country. The BACC in India Is Dissolving The BACC was first established in 2017. Things appeared to be booming throughout the last four years, but now […]

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Web3 Platform Dexsport Enables Direct Crypto Purchases with Banking Cards

The web3 betting platform Dexsport completed a massive update entitled RED. Now, Dexsport users are able to buy crypto directly from their web3 wallets using banking cards. Furthermore, Dexsport went deployed on two more blockchains, OKC and Polygon, becoming a full-fledged multi-chain platform. The RED upgrade consisted of four large blocks: number of blockchains supported by the project increased to […]

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$ADA: Popular SPO Explains Why ‘It Is Impossible To Stop Cardano’

On Thursday (August 18), the highly popular and respected operators of the Cardanians $ADA stake pools explained why “it is impossible to stop Cardano.” Yesterday, they tweeted that the reason the Cardano network cannot be stopped is because it is so decentralized: On 17 February 2020, Cardanians published a blog post (titled “The Challenges of Decentralization for Cardano”), which stated: […]

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Crypto market bloodbath leads to over $500M in liquidations in 24 hours

The crypto market registered a major slump on Friday, resulting in major cryptocurrencies losing key support and falling to new monthly lows after a prolonged bullish surge over the past month. Bitcoin (BTC), which was looking to break through $25,000 resistance last week, fell below $22,000 to register a new two-week low of $21,747. Ether (ETH), the second largest cryptocurrency, […]

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Fortnite developer supports Animoca subsidiary's blockchain racing game

Australian indie game developer Grease Monkey Games, a subsidiary of Animoca Brands, has received received financial support from video-game giant Epic Games to develop a new blockchain-based motorsport game Torque Drift 2 Receiving an Epic MegaGrant from the Fortnite developers, the funding will be used to develop the motorsport title, which is based on drifting. The Unreal Engine is a […]

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'Programmable money should terrify you' — Layah Heilpern

Government controlled “programmable money should terrify you”, says social media influencer and TV Host Layah Heilpern, who sees central bank digital currencies (CBDCs) as a way for banks and governments to reign control over their people. In an interview on Aug. 19 with British news outlet GB News, Heilpern, who also released Undressing Bitcoin: A Revealing Guide To The World’s […]

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Robinhood lands steep 60% discount on $170M exchange acquisition: Report

Stock and crypto investment platform Robinhood has reportedly scored a 58% cut on its $170 million offer to buy crypto exchange Ziglu due to adverse market conditions. The initial offer from Robinhood came in April, however according to various reports online around Aug.17, the company revised its offer to $72.5 million after citing adverse market conditions. Ziglu CEO Mark Hipperson […]

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Blockchain venture capital funding down over 43% in July: Report

Typically a lagging indicator of the sector’s health, the explosion of venture funding in the blockchain sector in 2021 and the first half of 2022 appears to be cooling off after seven consecutive sectors of growth. According to Cointelegraph Research, inflows in the blockchain venture capital market have declined by 43% month-on-month in July 2022. The Web3 sector, including GameFi […]

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