UK to implement new crypto, stablecoin legislation by Q3

By the middle of this year, the British authorities intend to implement fresh rules governing stablecoins and various crypto-related activities, including staking, trading platforms, and digital asset storage. At the Innovate Finance Global Summit this week, Economic Secretary Bim Afolami shared updates on the significant strides being taken to set up a complete regulatory structure. … Read more

Xverse wallet releases guide on Runes, preps for Bitcoin halving

Xverse Wallet provides a comprehensive tutorial on managing Bitcoins tokens effectively on the Bitcoin network following the halving event. (Or) Xverse Wallet shares an in-depth explanation on utilizing Bitcoins runes for streamlined token handling within the Bitcoin chain post-halving. Based on information from a Xverse Wallet handbook, Runes represent fungible tokens developed on the Bitcoin … Read more

Reltime Unveils New Blockchain Lab in India to Propel Tech Innovations

A well-known company in the field of Web3 technologies, Reltime Research Lab, has established a fresh R&D center in Chennai, India. Dubbed ‘Reltime Research Lab Private Limited,’ this new entity is committed to fostering advancements in decentralized technology for various industries. Innovative Focus Areas At the lab, we’ll focus our research on several key topics: … Read more

Bloomberg analyst calls Hong Kong spot ETF approval ‘child’s play’

Bloomberg analyst Eric Balchunas commented on the news about the approvals of Hong Kong spot ETFs. Balchunas acknowledged that the exchange-traded fund (ETF) located at the designated spot has received approval for launch, but it hasn’t been made publicly available yet. The listing is anticipated to take place in the upcoming week. However, all the … Read more

Core Scientific Registers 10.8M Shares Pre-Bitcoin Halving

Core Scientific, Inc., which is known for supplying specialized digital technology for creating profitable computing projects and bitcoin mining, made an announcement today about the submission of a registration statement for selling 10.8 million of their existing shares. Core Scientific may be attempting to sell more shares in order to collect extra funds. These funds … Read more