Skylabs $VSL Token and Self-Custodial Staking Model to be Released by Vetter Ecosystem
Skylabs VSL Launchpad, a Vetter Ecosystem project, is happy to announce the upcoming presale of its exclusive Skylabs token, $VSL, which will launch on Sunday, August 28, 2022, at 7 p.m. (UTC) with a ground-breaking “next-gen” staking model.
Skylabs VSL is a launchpad only to launch top-tier projects that adhere to the strictest criteria, such as having a distinct revenue stream and solid fundamentals. All projects that launch from Skylabs will conform to standards for aggressive marketing positioning.
Skylabs VSL Launchpad, a Vetter Ecosystem project, is happy to announce the upcoming presale of its exclusive Skylabs token, $VSL, which will launch on Sunday, August 28, 2022, at 7 p.m. (UTC) with a ground-breaking “next-gen” staking model.
Skylabs VSL is a launchpad only to launch top-tier projects that adhere to the strictest criteria, such as having a distinct revenue stream and solid fundamentals. All projects that launch from Skylabs will conform to standards for aggressive marketing positioning.
Japanese Gaming Giant Sega to Launch First Blockchain Game
Sega, one of the largest Japanese gaming companies, has announced that it will launch its first blockchain game in collaboration with Double Jump Tokyo, another Japanese development company. The game, which is based on Sega’s Sangokushi Taisen franchise, will be built using Oasys, a Japanese scaling-focused project, to support its blockchain elements.
Sega to Launch First Blockchain Gaming ProjectSega, one of the most influential Japan-based gaming companies, has announced that it will build its first blockchain-based game. The project, which will be built by another gaming company, Double Jump Tokyo, will be based on the Sangokushi Taisen franchise, a popular arcade game in Japan.
The Sangokushi Taisen franchise is comprised of a series of strategy games that allows its players to use of virtual cards in the virtual field. The structure of the game lends itself to the implementation of blockchain elements, like the tokenization of some of the assets of the game and the trading aspect of the cards. However, none of the companies have announced how these blockchain elements will be included as part of the game mechanics.
Sega, one of the largest Japanese gaming companies, has announced that it will launch its first blockchain game in collaboration with Double Jump Tokyo, another Japanese development company. The game, which is based on Sega’s Sangokushi Taisen franchise, will be built using Oasys, a Japanese scaling-focused project, to support its blockchain elements.
Sega to Launch First Blockchain Gaming ProjectSega, one of the most influential Japan-based gaming companies, has announced that it will build its first blockchain-based game. The project, which will be built by another gaming company, Double Jump Tokyo, will be based on the Sangokushi Taisen franchise, a popular arcade game in Japan.
The Sangokushi Taisen franchise is comprised of a series of strategy games that allows its players to use of virtual cards in the virtual field. The structure of the game lends itself to the implementation of blockchain elements, like the tokenization of some of the assets of the game and the trading aspect of the cards. However, none of the companies have announced how these blockchain elements will be included as part of the game mechanics.
ZoidPay Gets $75M Investment From GEM Digital To Revolutionize The Web 3 Space
ZoidPay, a leading Web 3.0 architecture provider, has received $75 million from GEM Digital Limited (GEM) to develop the go-to open architecture for building the next generation of Web3 financial services.
As per the announcement, this funding will also help ZoidPay develop a to-go open architecture for scaling the first on-demand metaverse, launching a Web3 super App, and facilitating the first-ever bank acquisition by a blockchain firm.
ZoidPay, a leading Web 3.0 architecture provider, has received $75 million from GEM Digital Limited (GEM) to develop the go-to open architecture for building the next generation of Web3 financial services.
As per the announcement, this funding will also help ZoidPay develop a to-go open architecture for scaling the first on-demand metaverse, launching a Web3 super App, and facilitating the first-ever bank acquisition by a blockchain firm.
The FTX Crash: What Experts Are Saying
What are some experts saying about the rise and fall of FTX, which at one point was one of the largest and most popular digital currency exchanges in the world?
FTX Has Crashed and BurnedCraig Erlam – senior market analyst at Oanda – recently formed the following opinion about all the drama surrounding the crypto trading platform:
For a long time, bitcoin has aligned itself with broader risk appetite in the markets, but it goes without saying that Tuesday was not one of those days. Cryptocurrencies have been pummeled at the start of the week, with bitcoin down almost 20 percent in two days at one stage amid concerns over FTX and the implications for the FTT token.
What are some experts saying about the rise and fall of FTX, which at one point was one of the largest and most popular digital currency exchanges in the world?
FTX Has Crashed and BurnedCraig Erlam – senior market analyst at Oanda – recently formed the following opinion about all the drama surrounding the crypto trading platform:
For a long time, bitcoin has aligned itself with broader risk appetite in the markets, but it goes without saying that Tuesday was not one of those days. Cryptocurrencies have been pummeled at the start of the week, with bitcoin down almost 20 percent in two days at one stage amid concerns over FTX and the implications for the FTT token.
Binance Now Authorized in 7 EU Countries — Sweden Becomes Latest Member State to Give Approval
Crypto exchange Binance is now legal to operate in seven European countries following the latest approval by Sweden’s financial regulator. Overall, Binance has been approved to operate in 15 jurisdictions, including seven EU countries.
Binance Approved to Operate in 7 EU CountriesCryptocurrency exchange Binance announced Thursday that its Swedish entity, Binance Nordics AB, “has been granted registration as a financial institution for management and trading in virtual currency by the Swedish Financial Supervisory Authority (Swedish FSA).” Binance explained:
Sweden becomes the seventh EU Member State in which Binance has been granted authorization, following authorizations in: France, Italy, Lithuania, Spain, Cyprus, and Poland.
Crypto exchange Binance is now legal to operate in seven European countries following the latest approval by Sweden’s financial regulator. Overall, Binance has been approved to operate in 15 jurisdictions, including seven EU countries.
Binance Approved to Operate in 7 EU CountriesCryptocurrency exchange Binance announced Thursday that its Swedish entity, Binance Nordics AB, “has been granted registration as a financial institution for management and trading in virtual currency by the Swedish Financial Supervisory Authority (Swedish FSA).” Binance explained:
Sweden becomes the seventh EU Member State in which Binance has been granted authorization, following authorizations in: France, Italy, Lithuania, Spain, Cyprus, and Poland.
TUSD Leverages Chainlink Proof of Reserve for Real-Time Verification of Stablecoin Minting
On Wednesday, the stablecoin project Trueusd announced that it is leveraging Chainlink Proof of Reserve (POR) technology to provide real-time verification for the minting of trueusd tokens. The trueusd crypto asset has a circulating supply of over 968 million tokens and is the sixth-largest stablecoin by market capitalization.
Archblock Uses Chainlink to Verify Reserves Before Minting New TUSD StablecoinsArchblock, the issuer of the trueusd (TUSD) stablecoin, has announced that it is using Chainlink to verify reserves before minting new TUSD stablecoins. According to the project, it is the first U.S. dollar-backed stablecoin to use proof-of-reserves (POR) technology for real-time on-chain verification of TUSD’s offchain reserves.
The POR data feed is a smart contract that automatically checks “whether the total supply of TUSD would exceed the total amount of U.S. dollars held in reserve before any new stablecoin is minted.” According to a statement by Ryan Christensen, the CEO of Archblock, the firm is looking forward to using Chainlink’s POR technology to improve transparency and verifiability.
On Wednesday, the stablecoin project Trueusd announced that it is leveraging Chainlink Proof of Reserve (POR) technology to provide real-time verification for the minting of trueusd tokens. The trueusd crypto asset has a circulating supply of over 968 million tokens and is the sixth-largest stablecoin by market capitalization.
Archblock Uses Chainlink to Verify Reserves Before Minting New TUSD StablecoinsArchblock, the issuer of the trueusd (TUSD) stablecoin, has announced that it is using Chainlink to verify reserves before minting new TUSD stablecoins. According to the project, it is the first U.S. dollar-backed stablecoin to use proof-of-reserves (POR) technology for real-time on-chain verification of TUSD’s offchain reserves.
The POR data feed is a smart contract that automatically checks “whether the total supply of TUSD would exceed the total amount of U.S. dollars held in reserve before any new stablecoin is minted.” According to a statement by Ryan Christensen, the CEO of Archblock, the firm is looking forward to using Chainlink’s POR technology to improve transparency and verifiability.
Bitcoin Whale MicroStrategy Repays Silvergate Loan And Buys Another $150 Million Worth Of BTC
Michael Saylor’s MicroStrategy has fully repaid the $161 million outstanding balance on its $205 million bitcoin-collateralized loan from defunct crypto-focused bank Silvergate.
The Virginia-based business intelligence firm has also added another 6,455 Bitcoin to its already substantial holdings.
MicroStrategy Increases HoldingsMicroStrategy continues adding more bitcoin to its holdings despite recent market trepidation.
In a Form 8-K filed with the SEC today, MicroStrategy announced it had acquired roughly 6,455 BTC at an average price of $23,238 per token between February 16 and March 23. MicroStrategy allocated $150 million to its recent purchase of the flagship cryptocurrency.
Michael Saylor’s MicroStrategy has fully repaid the $161 million outstanding balance on its $205 million bitcoin-collateralized loan from defunct crypto-focused bank Silvergate.
The Virginia-based business intelligence firm has also added another 6,455 Bitcoin to its already substantial holdings.
MicroStrategy Increases HoldingsMicroStrategy continues adding more bitcoin to its holdings despite recent market trepidation.
In a Form 8-K filed with the SEC today, MicroStrategy announced it had acquired roughly 6,455 BTC at an average price of $23,238 per token between February 16 and March 23. MicroStrategy allocated $150 million to its recent purchase of the flagship cryptocurrency.
Russian Foreign Minister Sergey Lavrov States De-Dollarization ‘Can No Longer Be Stopped’
Russian Foreign Minister Sergey Lavrov has spoken on the current shift to national currencies and the de-dollarization international markets are currently experiencing. In a press conference after addressing the UN Security Council on April 25, Lavrov stated this shift could not be stopped, and that the future of traditional international institutions like the International Monetary Fund (IMF) was uncertain.
Russian FM Sergey Lavrov Thinks De-Dollarization ‘Can No Longer Be Stopped’Russian Foreign Minister Sergey Lavrov referred to the current shift that international markets are taking away from the U.S. dollar in favor of national currencies. In a press conference after having addressed the UN Security Council, which he chaired, Lavrov stated that this movement to other currencies was unstoppable and that it would likely affect traditional finance institutions.
Russian Foreign Minister Sergey Lavrov has spoken on the current shift to national currencies and the de-dollarization international markets are currently experiencing. In a press conference after addressing the UN Security Council on April 25, Lavrov stated this shift could not be stopped, and that the future of traditional international institutions like the International Monetary Fund (IMF) was uncertain.
Russian FM Sergey Lavrov Thinks De-Dollarization ‘Can No Longer Be Stopped’Russian Foreign Minister Sergey Lavrov referred to the current shift that international markets are taking away from the U.S. dollar in favor of national currencies. In a press conference after having addressed the UN Security Council, which he chaired, Lavrov stated that this movement to other currencies was unstoppable and that it would likely affect traditional finance institutions.
Litecoin (LTC) Price Analysis: Bulls Face Uphill Task Near $94
Litecoin price is correcting gains from $95 against the US Dollar, similar to bitcoin. LTC price could resume its increase if it remains well supported above the $86.50 level.
Litecoin Price AnalysisIn the past few days, there was a decent increase in Bitcoin, Ethereum, Ripple, and Litecoin against the US Dollar. Earlier, LTC formed a base above the $82.50 level and started a fresh increase.
There was a clear move above the $88 and $90 resistance levels. The price even climbed above the $92 level and the 55 simple moving average (4 hours). However, the bears were active near the $94 zone. The recent high was formed near $93.32 and the price started a downside correction.
Litecoin price is correcting gains from $95 against the US Dollar, similar to bitcoin. LTC price could resume its increase if it remains well supported above the $86.50 level.
Litecoin Price AnalysisIn the past few days, there was a decent increase in Bitcoin, Ethereum, Ripple, and Litecoin against the US Dollar. Earlier, LTC formed a base above the $82.50 level and started a fresh increase.
There was a clear move above the $88 and $90 resistance levels. The price even climbed above the $92 level and the 55 simple moving average (4 hours). However, the bears were active near the $94 zone. The recent high was formed near $93.32 and the price started a downside correction.
Fuck memecoins, says PSYCHO. Yep, you heard that right. Here's why it got our attention:
• Provocative? Absolutely, PSYCHO ain't afraid to challenge the status quo.
• Strong community? 100%. Bunch of defiant spirits rallying behind the coin. Our kind of crowd.
Launched? May 29th
• Results so far? 750 holders, $3.5m market cap.
• CEX listing? First listing on MEXC today at 12pm UTC.
• Next CEXs? They are in contact with Bybit, Huobi, OKX
• Tokenomics? Crystal clear. 90% for DEX liquidity, 5% for CEX, 5% for the community. No BS.
DYOR, but from my side, this might be a massive pump. Don't forget to thank me later.
🧿 Rating: coinmarketcap
💰 Buy: uniswap, mexc
🐦 Follow: twitter
• Provocative? Absolutely, PSYCHO ain't afraid to challenge the status quo.
• Strong community? 100%. Bunch of defiant spirits rallying behind the coin. Our kind of crowd.
Launched? May 29th
• Results so far? 750 holders, $3.5m market cap.
• CEX listing? First listing on MEXC today at 12pm UTC.
• Next CEXs? They are in contact with Bybit, Huobi, OKX
• Tokenomics? Crystal clear. 90% for DEX liquidity, 5% for CEX, 5% for the community. No BS.
DYOR, but from my side, this might be a massive pump. Don't forget to thank me later.
🧿 Rating: coinmarketcap
💰 Buy: uniswap, mexc
🐦 Follow: twitter
Bitcoin Cash is Showing Strength, Avorak Will Integrate Into the Trade Product
Bitcoin Cash (BCH) has surged to a new one-year high, and the token is now rallying at more than 100% higher after it was listed on the crypto exchange EDX along with three other tokens. BCH has also benefited from rising social media interest and record-hitting trading volumes. The token shows signs of strength, and Avorak AI will integrate it into the Avorak Trade product, a tool that uses artificial intelligence to help traders improve their profitability.
Bitcoin Cash (BCH) has surged to a new one-year high, and the token is now rallying at more than 100% higher after it was listed on the crypto exchange EDX along with three other tokens. BCH has also benefited from rising social media interest and record-hitting trading volumes. The token shows signs of strength, and Avorak AI will integrate it into the Avorak Trade product, a tool that uses artificial intelligence to help traders improve their profitability.
Facebook Owner Meta May Launch Chatbot ‘Personas’ Next Month, Report
U.S. tech giant Meta is preparing to launch multiple chatbots powered by artificial intelligence (AI) as early as September. According to an article quoting knowledgeable sources, the company seeks to encourage user engagement on its social media platforms with the chatbots that could also be used to collect more user data.
Meta Seeks to Seize on Chatbot Hype, Challenge Competitors With ‘AI Agents’Meta, the owner of Facebook and Instagram, is gearing up to present in the next few weeks a number of AI-based chatbots designed to exhibit different personalities, the Financial Times wrote this week, quoting people familiar with the tech conglomerate’s plans.
The company has been designing prototypes that can take the form of different characters and have discussions with the 4 billion users of its social media platforms, according to the sources, who also revealed that the chatbots have been dubbed “personas.”
U.S. tech giant Meta is preparing to launch multiple chatbots powered by artificial intelligence (AI) as early as September. According to an article quoting knowledgeable sources, the company seeks to encourage user engagement on its social media platforms with the chatbots that could also be used to collect more user data.
Meta Seeks to Seize on Chatbot Hype, Challenge Competitors With ‘AI Agents’Meta, the owner of Facebook and Instagram, is gearing up to present in the next few weeks a number of AI-based chatbots designed to exhibit different personalities, the Financial Times wrote this week, quoting people familiar with the tech conglomerate’s plans.
The company has been designing prototypes that can take the form of different characters and have discussions with the 4 billion users of its social media platforms, according to the sources, who also revealed that the chatbots have been dubbed “personas.”
Bitcoin Witnesses Second-Highest Daily Ordinal Inscription Count as Inscriptions Near 30 Million
While Bitcoin-based nonfungible token (NFT) sales have declined, and the network has dropped to seventh out of 23 blockchains in sales this past month, Ordinal inscriptions continue unabated. The number of inscriptions linked to the Bitcoin blockchain is nearing 30 million. On September 3, a record 418,240 inscriptions were minted, marking the second-highest daily rate to date.
Bitcoin’s Ordinal Inscriptions Hit Second-Largest Daily Total
While Bitcoin-based nonfungible token (NFT) sales have declined, and the network has dropped to seventh out of 23 blockchains in sales this past month, Ordinal inscriptions continue unabated. The number of inscriptions linked to the Bitcoin blockchain is nearing 30 million. On September 3, a record 418,240 inscriptions were minted, marking the second-highest daily rate to date.
Bitcoin’s Ordinal Inscriptions Hit Second-Largest Daily Total
Galaxy Digital CEO Mike Novogratz Foresees Spot Bitcoin ETF Approval in 2023
Galaxy Digital CEO Mike Novogratz expects a spot bitcoin exchange-traded fund (ETF) to be approved in 2023. “It’s going to get approved, we think it happens this year,” the American investor said on Wednesday.
Billionaire and Crypto Investor Mike Novogratz Say There’s Been a ‘Huge Psychological Shift’After predicting in August, Galaxy Digital CEO Mike Novogratz has accelerated his forecast regarding a spot bitcoin ETF. In mid-August, Novogratz believed the U.S. Securities and Exchange Commission (SEC) would approve one within four to six months. But on Wednesday, while speaking with Andrew Ross Sorkin on CNBC’s “Squawk Box,” he said it’s likely to be approved in 2023.
“It’s going to get approved, we think it happens this year in 2023,” Novogratz remarked. He added that all the indications point to it happening this year. The Galaxy CEO further cited public commentary and filings noting that “people’s comments are much more constructive.”
Galaxy Digital CEO Mike Novogratz expects a spot bitcoin exchange-traded fund (ETF) to be approved in 2023. “It’s going to get approved, we think it happens this year,” the American investor said on Wednesday.
Billionaire and Crypto Investor Mike Novogratz Say There’s Been a ‘Huge Psychological Shift’After predicting in August, Galaxy Digital CEO Mike Novogratz has accelerated his forecast regarding a spot bitcoin ETF. In mid-August, Novogratz believed the U.S. Securities and Exchange Commission (SEC) would approve one within four to six months. But on Wednesday, while speaking with Andrew Ross Sorkin on CNBC’s “Squawk Box,” he said it’s likely to be approved in 2023.
“It’s going to get approved, we think it happens this year in 2023,” Novogratz remarked. He added that all the indications point to it happening this year. The Galaxy CEO further cited public commentary and filings noting that “people’s comments are much more constructive.”
SEC Struggles to Serve Richard Heart in Multi-Billion Dollar Crypto Case
In an interesting turn of events, the U.S. Securities and Exchange Commission (SEC) faces challenges in its billion-dollar lawsuit against cryptocurrency figure Richard Heart. A recent court filing reveals that the SEC has yet to successfully serve Heart, complicating the high-profile case.
Legal Impasse Delays Billion-Dollar Case Against HEX Creator Richard HeartThe SEC’s legal battle with Richard Heart, a well known name in the crypto sphere, took an unexpected twist. According to a court filing, the SEC has encountered difficulties in serving legal documents to Heart. This development raises questions about the progress and future of the lawsuit, which alleges Heart and his entities Hex, Pulsechain, and Pulsex of securities law violations.
The lawsuit, filed on July 31, 2023, places Heart at the center of a significant legal dispute over the operation of his crypto entities. The SEC’s complaint accuses him and his companies of engaging in activities that contravene U.S. securities laws, and raising more than $1 billion through unregistered securities offerings. Millions, contends the SEC, were utilized to fund Heart’s extravagant personal acquisitions.
In an interesting turn of events, the U.S. Securities and Exchange Commission (SEC) faces challenges in its billion-dollar lawsuit against cryptocurrency figure Richard Heart. A recent court filing reveals that the SEC has yet to successfully serve Heart, complicating the high-profile case.
Legal Impasse Delays Billion-Dollar Case Against HEX Creator Richard HeartThe SEC’s legal battle with Richard Heart, a well known name in the crypto sphere, took an unexpected twist. According to a court filing, the SEC has encountered difficulties in serving legal documents to Heart. This development raises questions about the progress and future of the lawsuit, which alleges Heart and his entities Hex, Pulsechain, and Pulsex of securities law violations.
The lawsuit, filed on July 31, 2023, places Heart at the center of a significant legal dispute over the operation of his crypto entities. The SEC’s complaint accuses him and his companies of engaging in activities that contravene U.S. securities laws, and raising more than $1 billion through unregistered securities offerings. Millions, contends the SEC, were utilized to fund Heart’s extravagant personal acquisitions.
Shiba Inu Army Look To $0.001 SHIB All-Time High Price In 2024 As Mega Whales Scoop Trillions Of SHIB
In a surprising turn of events, Justin Sun, the influential tech mogul and founder of the TRON blockchain, recently made a significant transaction involving billions of Shiba Inu (SHIB) tokens amid whales moving trillions of SHIB tokens. These moves caused intense speculation about its potential impact on the price of the meme coin. In this article, we delve into whales SHIB acquisition and explore the various scenarios that could influence SHIB’s value.
In a surprising turn of events, Justin Sun, the influential tech mogul and founder of the TRON blockchain, recently made a significant transaction involving billions of Shiba Inu (SHIB) tokens amid whales moving trillions of SHIB tokens. These moves caused intense speculation about its potential impact on the price of the meme coin. In this article, we delve into whales SHIB acquisition and explore the various scenarios that could influence SHIB’s value.
ICB Crypto Services Introduces Its Ideal Cooperation Blockchain (ICB) Network Set To Launch At The ICO Level
ICB Crypto Services is excited to introduce its new venture, the Ideal Cooperation Blockchain (ICB) network, to enhance blockchain smart contracts and maintain fruitful partnerships with other networks.
According to the ICB Crypto Service team, the ICB network will officially launch at the ICO level set for early 2024. The ICB network, which is also known as ICBX, was designed by the ICB Labs. ICB Labs is an innovative branch of ICB Crypto Services created in October 2020.
ICB Crypto Services is excited to introduce its new venture, the Ideal Cooperation Blockchain (ICB) network, to enhance blockchain smart contracts and maintain fruitful partnerships with other networks.
According to the ICB Crypto Service team, the ICB network will officially launch at the ICO level set for early 2024. The ICB network, which is also known as ICBX, was designed by the ICB Labs. ICB Labs is an innovative branch of ICB Crypto Services created in October 2020.
Raoul Pal Reveals Dogwifhat Holdings as WIF Mounts Incredible 1,600% Upsurge
The cryptocurrency inspired by a dog donning a pink beanie quickly gained popularity amid the current surge in crypto values, now with an impressive market capitalization of $3.2 billion. However, the rapid increase in its price may indicate a heightened level of market speculation and excitement.
Real Vision Group’s founder and CEO, Raoul Pal, has publicly disclosed his ownership of a fraction of the Solana-based meme token Dogwifhat (WIF). This revelation coincides with a substantial surge in the token’s market value, a remarkable increase of over 40%.
The cryptocurrency inspired by a dog donning a pink beanie quickly gained popularity amid the current surge in crypto values, now with an impressive market capitalization of $3.2 billion. However, the rapid increase in its price may indicate a heightened level of market speculation and excitement.
Real Vision Group’s founder and CEO, Raoul Pal, has publicly disclosed his ownership of a fraction of the Solana-based meme token Dogwifhat (WIF). This revelation coincides with a substantial surge in the token’s market value, a remarkable increase of over 40%.
BlockDAG’s Impressive $20.7M Presale, 30,000X ROI & Moon-Shot Keynote Relegate Dogeverse and ADA in Q2 2024
BlockDAG has dramatically reshaped the cryptocurrency landscape in Q2 2024, eclipsing competitors with an astounding $20.7 million presale and a projected 30,000X ROI. This surge in market presence is bolstered by a groundbreaking moon-shot keynote that has captivated the global crypto community, setting BlockDAG apart from its peers, InQubeta and Cardano.
While InQubeta and Cardano have made significant strides, BlockDAG’s innovative use of Directed Acyclic Graph (DAG) technology and strategic marketing initiatives have positioned it as the leader in blockchain solutions. This combination of fintech success, cutting-edge technology, and visionary marketing is not just redefining standards but also promising to transform the future of digital transactions and blockchain utility.
BlockDAG has dramatically reshaped the cryptocurrency landscape in Q2 2024, eclipsing competitors with an astounding $20.7 million presale and a projected 30,000X ROI. This surge in market presence is bolstered by a groundbreaking moon-shot keynote that has captivated the global crypto community, setting BlockDAG apart from its peers, InQubeta and Cardano.
While InQubeta and Cardano have made significant strides, BlockDAG’s innovative use of Directed Acyclic Graph (DAG) technology and strategic marketing initiatives have positioned it as the leader in blockchain solutions. This combination of fintech success, cutting-edge technology, and visionary marketing is not just redefining standards but also promising to transform the future of digital transactions and blockchain utility.
New US Bill May Target Decentralized Protocols
A new bill made its way to the Senate that could foster the grounds for unfair treatment of open-source, decentralized protocols. The Intelligence Authorization Act of Fiscal Year 2025 was passed by the Senate State Committee and was approved unanimously.
Section 423 of this bill concerns crypto and decentralized protocols as it uses language to cover assets and dApps extensively, providing the impetus to sanction them if they interact with illicit wallets and funds. The bill uses the term “foreign digital asset transaction facilitator,” while discussing placing sanctions on these entities serving users in the US if they do not block illicit fund flows.
A new bill made its way to the Senate that could foster the grounds for unfair treatment of open-source, decentralized protocols. The Intelligence Authorization Act of Fiscal Year 2025 was passed by the Senate State Committee and was approved unanimously.
Section 423 of this bill concerns crypto and decentralized protocols as it uses language to cover assets and dApps extensively, providing the impetus to sanction them if they interact with illicit wallets and funds. The bill uses the term “foreign digital asset transaction facilitator,” while discussing placing sanctions on these entities serving users in the US if they do not block illicit fund flows.