Industry
Japanese PM Backs Web3, Binance's Big Launch
Japanese Prime Minister Fumio Kishida reiterated his country's commitment to fostering the Web3 industry, emphasizing its potential to revolutionize the internet and drive social change.Cornell RachelWorldcoin Faces UK Data Watchdog Probe Post-Launch
The newly launched cryptocurrency and ID project, Worldcoin, is facing scrutiny from Britain's data watchdog due to concerns about privacy and the security of critical biometric data.Martha GrizzardAxie Infinity Joins Forces with CyberKongz for New Game
Sky Mavis, the company behind the popular blockchain game Axie Infinity, has announced a partnership with Ethereum-based NFT series CyberKongzHallie GillAutomata Announces Mass Layoffs After Solana Game Development
Automata (ATMTA), a game developer on the Solana blockchain, is planning significant layoffs to focus on developing Star Atlas.Jerry McNeillEra Lend: $3.4M Exploited in Reentrancy Attack
On July 25, lending app Era Lend on zkSync suffered an exploit resulting in $3.4 million worth of cryptocurrency being drained, according to blockchain security firm CertiK.Sherry CantwellSmart Education: Blockchain, DAOs, NFTs, AI Combined
Mehmet Fırat, a researcher from Anadolu University in Turkey, has proposed a comprehensive solution called the "Smart Open Educational Ecosystem" (SOEE) to addressJames DeanTwitter's Bold Move: Rebranding to X Sparks Legal Predictions
Josh Gerben, a trademark attorney at Gerben Intellectual Property, has expressed concerns that the company formerly known as TwitterChristopher SmithAlex Mashinsky Case: Investigation Deadline Extended
Lawyers representing the US Department of Justice were granted additional time for investigation in the case against former Celsius CEO Alex Mashinsky, allowing his defense team to review relevant documents.Cornell RachelRain Receives Crypto License from Abu Dhabi Regulator
Rain Financial Services, a cryptocurrency firm, has received a license from the Abu Dhabi Global Market (ADGM) Financial Services Regulatory AuthorityMartha GrizzardWyoming Seeks Head for State Stablecoin Commission
The state of Wyoming in the US has initiated the development of its stablecoin project, officially named the "Stable Coin" projectWayne IngramRobinhood Appoints UK CEO, Expands Crypto Presence
Robinhood, a cryptocurrency-friendly trading platform, is moving forward with its plans to launch services in the UK and has made a significant appointment for its local operations.Hallie GillDeloitte and Chainalysis Join Forces to Empower Law Enforcement in Cryptocurrencies
Deloitte, a prominent professional services company, has entered into a strategic alliance with cryptocurrency analysis firm Chainalysis to enhance its clients' blockchain tracking capabilitiesHallie GillNamibia Passes Cryptocurrency Trading Regulation Law
In a significant move, the Namibian government recently signed a law to regulate virtual asset service providers (VASPs) operating in the country.Jerry McNeillJimmy Butler Seeks Dismissal of Binance Promo Class Lawsuit
Professional basketball player Jimmy Butler is seeking to have a class-action lawsuit against celebrities involved in the alleged promotion of unregistered securities by Binance dismissed.Sherry CantwellPacWest Stock Bounces Back After Flash Crash Amid Cali Bank Merger
On July 25, shares of PacWest Bank, part of PacWest Bancorp, experienced a significant plunge of 27%, dropping from $10.33 to $7.50 in late trading.James DeanRipple Applies for Cryptocurrency License in UK
Ripple, a payments network and technology company, has applied for registration with the UK Financial Conduct Authority (FCA) as a crypto asset company.Barry StidhamOpenAI Unveils ChatGPT App for Android
OpenAI has announced its plans to launch an Android version of the popular AI chatbot, ChatGPT, following its release to iOS users in May.Christopher SmithGAO Urges Crypto Regulation: Improve Inter-Agency Cooperation
The US Government Accountability Office (GAO), a congressional watchdog, has released a 77-page report on the regulatory framework for blockchain use in finance.Cornell RachelGame-Changer in Russia: Putin Approves Digital Ruble with New Law
On July 24, Russian President Vladimir Putin signed the digital ruble bill into law, marking a significant step forward for Russia's central bank digital currency (CBDC) project.Wayne IngramBank of Korea Explores Revolutionary Path: Stablecoins and CBDC Alternatives
Several private banks in South Korea are exploring the potential of tokenized deposit technology as an alternative to private stablecoins and central bank digital currencies (CBDCs)Hallie Gill
