Death of Meta’s stablecoin project was ‘100% a political kill’ — Ex Diem boss
United States Treasury Secretary Janet Yellen supposedly convinced Federal Reserve Chair Jerome Powell into killing the project, the former Meta executive said.
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A guide to setting up a crypto business in Switzerland
As the cryptocurrency world matures with more and more jurisdictions legalizing it and ensuring crypto becomes an industry standard, cryptocurrency receives a quality mark that proves that it can earn users’ trust. Over the next four years, the European Union will introduce new rules that will allow the introduction of blockchain technologies and crypto assets…

DeFi vs. Web3: Key differences explained
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Adult Entertainment Platform SpankChain Launches Crypto Payments Processor
Ethereum-based adult entertainment platform SpankChain has launched a cryptocurrency payments processor together with two new partners.An announcement published on July 31 reveals that the new service — dubbed SpankPay — is being launched with its first two integration partners: the adult entertainment industry fan platform JustFor.Fans and SkypPrivate, an anonymity-focused service that connects models and…

Analysts say this key metric suggests an altcoin season is at hand
Bitcoin’s (BTC) 65% recovery from sub $29,500 on July 20 to a swing high at $48,200 on Aug. 14 took less than a month and helped bring fresh bullish momentum back to the crypto market and traders who were dreading the prospect of another prolon bear market.Currently, the BTC rally has stalled out near the…

Nigeria begins review of its blockchain technology policy
The steering committee’s work is actively toward Nigeria taking a leadership position in African blockchain development.

Hunan’s Government Has Chosen a Company to Build New Blockchain Infrastructure for the Region
Local government in China endorsed a public Blockchain infrastructure project. Conflux Network, a permissionless blockchain project, announced that it has been endorsed by government officials from the Chinese province of Hunan on August 19. The company was previously endorsed by the Shanghai Municipal Government for similar reasons.Hunan province, located in south central China, is a…

Alibaba launches its ChatGPT-like AI model for public use amid loosening restrictions in China
The launch comes just weeks after Chinese authorities began accepting applications for public-facing AI systems. 96 Total views 3 Total shares Alibaba announced that its proprietary large language model, an artificial intelligence system called Tongyi Qianwen, will be available for public and enterprise access throughout China starting Sept. 13. Tongyi Qianwen is a ChatGPT-like large language

Nancy Pelosi mulls supporting Republican’s FIT21 crypto bill: Report
The former House Speaker is reportedly considering support for the Republican crypto legislation, breaking from ranking Democrats.