Norway Enters Metaverse with Virtual Tax Office in Decentraland
Norway Enters Metaverse with Virtual Tax Office in Decentraland
The Brønnøysund Register Center, a Norwegian governmental agency, has established a virtual office in Decentraland metaverse with the help of the accounting firm Ernst & Young (EY). Announced at the Nokios conference on Wednesday, the center is in charge of managing the government's electronic data-sharing infrastructure as well as Norway's public registries. The agency aims to connect with the younger, tech-savvy people that uses its services and because "future users of public services are th
Will the UK Recognize Crypto as Regulated Financial Instruments?
Will the UK Recognize Crypto as Regulated Financial Instruments?
Lawmakers in the UK are voting on officially bringing cryptocurrencies into the economy.
NEAR Foundation Terminates Its Stablecoin USN
NEAR Foundation Terminates Its Stablecoin USN
The stablecoin issuer USN for NEAR Protocol announced that it could no longer maintain the project because of the decline in the price of NEAR. USN was introduced in April 2022 as a partly algorithmic stablecoin. However, the spectacular collapse of Terra's algorithmic UST stablecoin in May demonstrated the danger of similar projects becoming undercollateralized, which prompted Decentral Bank to make USN solely mintable against USDT deposits. In spite of Decentral's efforts, USN's value fell t
Reddit Collectible Avatars Record Impressive Trading Volume Across the Market
Reddit Collectible Avatars Record Impressive Trading Volume Across the Market
Reddit Collectible Avatars recorded a remarkable trading volume of 2.5M USD over the last 24 hours.
Top 8 Arbitrum Projects You Cannot Miss
Top 8 Arbitrum Projects You Cannot Miss
Arbitrum is one of the hottest Layer 2 solutions, which has many benefits like its superior performance, security, and implementation ease, making it appealing to many developers. In this article, let’s find out the most trending projects in this growing ecosystem. Top GameFi projects on Arbitrum Openblox In the virtual world of OpenBlox, there are plenty of destinations to explore and thrilling goals to achieve. Players can travel with Blox, their in-game avatar. Unlike characters in trad
Dogecoin Layer-2 Dogechain Soars Over 200% in Two Days after Token Burning Proposal
Dogecoin Layer-2 Dogechain Soars Over 200% in Two Days after Token Burning Proposal
According to CoinGecko, the trading value of Dogechain (DC) - an EVM-compatible layer-2 blockchain based on Polygon that's inspired by, but separate from, Dogecoin (DOGE), has increased by more than 200% in the last week and more than 70% in the last 24 hours. The high also represents a 75% increase over a month ago. Dogechain's price has risen from $0.0004 on Friday to $0.00176 on Sunday, recording a 228% gain in seven days at a rate not seen since September 12. The price increased due to the
South Korea Plans to Implement Blockchain-based ID by 2024
South Korea Plans to Implement Blockchain-based ID by 2024
With the tight embrace of blockchain technology, South Korea may soon permit its citizens to use blockchain-based digital identification (ID) to replace physical cards by 2024. Bloomberg reported that the government plans to embed digital IDs as an app within mobile devices for about 45 million citizens expected to adopt the technology within two years. As one of the world's most advanced digital economies, South Korea is working to boost economic growth after the pandemic. South Koreans also
APTOS - HIGHLY ANTICIPATED MAINNET LAUNCH AND LISTING ON BINANCE
APTOS - HIGHLY ANTICIPATED MAINNET LAUNCH AND LISTING ON BINANCE
Aptos has just launched its mainnet and will be listed on Binance in the upcoming hours. Which is unique about this project?
Mastercard New Program to Assist Banks in Offering Crypto Trading
Mastercard New Program to Assist Banks in Offering Crypto Trading
The payments company will collaborate with Paxos to launch a new range of services , including crypto trading, custody, and security management. The program will provide banks with a turnkey solution for meeting their customers' crypto trading needs. Mastercard said the service would use the Paxos trading platform to execute trades while also assisting with regulatory compliance and security requirements. According to Jorn Lambert, Chief Digital Officer at Mastercard, people are hesitant to in
ApeCoin DAO Proposes $4.5M Bug Bounty Program
ApeCoin DAO Proposes $4.5M Bug Bounty Program
A member of the ApeCoin DAO council has submitted an AIP-21 bug bounty program that would postpone the launch of ApeCoin staking by 2-4 weeks. The new bounty program will guarantee that the DAO always has resources available to provide to white hat hackers guarding APE holders. AIP idea was proposed by Maaria Bajwa, a board member and a principal in the investment firm Sound Ventures, in response to well-known exploits like the most recent one in which more than $560 million was stolen from Bin
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