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Thousands of Nepalis turned to Jack Dorsey’s Bluetooth mesh network messaging app in response to the government’s social media ban, which has since been lifted. Over 48,000 Nepalese people downloaded Block CEO Jack Dorsey’s peer-to-peer messaging app, bitchat, amid a series of violent protests over corruption and a short-lived social media ban earlier this week….
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, the Polygon Foundation said it has restored consensus and finality functions after a software bug knocked some nodes out of sync. US SEC Chair…
The region has growing institutional momentum and retail adoption, as the countries face economic challenges that could provide fertile ground for Web3. Sub-Saharan Africa is the third-fastest growing region for crypto adoption, according to a new report from blockchain data platform Chainalysis. The report underscores the region’s emphasis on real-world crypto use cases in the…
From harsh 55% taxes to a flat 20%, Japan’s crypto overhaul promises relief for investors in a bid to boost Web3 innovation. Japan plans to replace progressive crypto tax rates up to 55% with a flat 20% by fiscal year 2026. New rules will align digital assets with equities, adding safeguards against insider trading and…
Sharplink co-CEO Joseph Chalom says maximizing stockholder value is the “top priority” for the company as its shares fell below its net asset value fell below Sharplink, the second-largest Ether treasury company, has started a $1.5 billion share buyback plan in an effort to boost its stock, which is trading below its net asset value….
Pokémon trading cards could be the next big thing in real-world asset tokenization, with trading moving onchain after decades of physical meetups and shipments. Pokémon trading cards could be the next real-world asset to move onchain at scale, potentially bringing a $21.4 billion market to the blockchain. “Pokémon and other [trading card games] are about…
DappRadar analyst Sara Gherghelas said the data shows clear signs that people are returning to the NFT space. The non-fungible token (NFT) market has just closed its two strongest months since February as adoption and renewed interest have driven trading volumes to its highest levels this year. NFT trading volumes were up 9%, but sales…
Regulations, hype cycles and pie-in-the-sky promises have scuppered blockchain city projects across the globe… but one has succeeded. The blockchain industry has long strived to build its “city on a hill” — idealistic communities where blockchain provides a foundation and code is law. But they’ve not always panned out, as regulations, unrealistic expectations and other…
Ether whales have been loading up on ETH since it hit a yearly low of $1,472 in April, increasing their holdings by 14%, according to Santiment. Ether whales have been ramping up their ETH buying since the token dipped to yearly lows in April, according to crypto sentiment platform Santiment. “In exactly 5 months, they…
Australia’s tax office reports self-managed retirement funds have 4% less crypto than last year, but one crypto executive says the number is likely “undercooked.” Crypto holdings reported in Australian Self-Managed Super Funds have dropped by approximately 4% year-on-year despite a crypto market rally, according to the Australian Taxation Office. The data, which has been adjusted…