Hong Kong legislator eyes Bitcoin for fiscal reserves
By engaging with stakeholders and focusing on compliance, Wu aims to position Hong Kong as a leader in the adoption of Bitcoin and Web3 technologies.
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US Politician Uses Crypto to Buy Cannabis for Tax Remittance Demo
A Californian politician has become the first elected official to use cryptocurrency to purchase cannabis in the United States.A press release shared with Cointelegraph on Sept. 11 revealed that Berkely City Councilmember Ben Bartlett used Bitcoin Cash (BCH) and the stablecoin Universal Dollar (UPUSD) to make the purchase at Ohana Cannabis, a dispensary in Emeryville,…

THORSwap goes into ‘maintenance mode’ to counter illicit funds movement
THORSwap acknowledged the ongoing illicit use of the DEX and are acting to find a permanent block to the misuse. THORSwap, a decentralized exchange (DEX) powered by multichain THORChain, has entered maintenance mode to prevent bad actors from moving illicit funds through the platform.On Oct. 6, THORSwap transitioned into “maintenance mode” as an immediate measure to

Indonesia targets launch of its national crypto exchange by June
Indonesia's financial services regulator first expressed its intentions to establish a crypto exchange back in 2021. 245 Total views 2 Total shares Own this piece of history Collect this article as an NFTIndonesia’s Ministry of Trade is reportedly aiming to roll out a national crypto exchange by June this year, six months after its previous…

Former Monero maintainer Riccardo ‘Fluffypony’ Spagni to surrender for South Africa extradition
Court filings hint at authorities allowing Spagni to be in the United States for the Independence Day holiday weekend before being taken to South Africa early on Tuesday. 369 Total views 24 Total shares Riccardo Spagni, the former maintainer of the privacy coin Monero also known as Fluffypony, faces extradition to South Africa months after…

DeFi can be 100 times larger than today in 5 years
Decentralized finance (DeFi) is a natural product made possible by blockchain technology and has the right and ready infrastructure to propel the technology to a bigger playing field. The space has grown by leaps and bounds since the Ethereum network went live in July 2015, with Ethereum network transactions growing by 33x to 1.2 million…

Nifty News: NFTs for Trump-haters, carbon offsets, fractionalized CryptoPunks and more
Hit Trump where it hurts by buying his Tweets to help out charities, a new scheme to enable NFT purchasers to offset carbon emissions, and get yourself a piece of a Punk. 4939 Total views 31 Total shares A group of anon uni students has come up with a way to hit former President Donald…

BitTorrent to Release P2P Social Media App BitTorrent Live in Q2 2019
Tron (TRX)-owned peer-to-peer (p2p) software company BitTorrent announced that it will release the public beta version of its decentralized social media app BitTorrent Live in Q2 2019 in a press release on March 27.Per the release, the company started offering early access to the BitTorrent Live streaming service today. The app, a video-based social media…

RUNE Pumps 18% as THORChain deactivates non-native tokens
The BEP-2 and ERC-20-based variants are being swapped out for the upgraded native RUNE token after THORChain's long-awaited mainnet late last month. Cross-chain exchange and proof-of-bond network THORChain has finally activated the killswitch that will progressively wind down support of the BEP-2 and ERC-20-based variants of the RUNE token. BNB.RUNE, and ETH.RUNE, also known as IOU…