Web3 a SXSW hot topic despite bear market and declining NFT interest
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Giant rabbits wearing trendy outfits situated alongside cartoon characters with rainbows flowing out of their mouths lined the streets of South by Southwest (SXSW) last year. This is because two nonfungible token (NFT) projects — Doodles and Fluf World — dominated SXSW 2022, reports Cointelegraph. Yet these projects were nowhere to be found at SXSW […]

Liberland blockchain awarded W3F Grant
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Liberland and Web3 Foundation have jointly announced that the Liberland Blockchain Team received a grant from Web3 Foundation (W3F), reports Blockleaders.io. The topic of the grant was the setup of the minimally viable version of the Liberland Blockchain: the first public blockchain to run a state government. Liberland will be the first country to run […]

Blockchain gaining adoption in more than just DeFi, says report
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Anyone familiar with the blockchain industry knows that decentralised finance (DeFi) is one of the sector’s most prominent use cases with the most substantial adoption, writes Cointelegraph. Recent issues in the banking sector, it argues, like those surrounding Silicon Valley Bank and Credit Suisse, have caused many to take a second look at Bitcoin and […]

ECB’s Lagarde says digital euro has key role in payment autonomy
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A digital euro has a key role to play in safeguarding European payment autonomy, according to European Central Bank President Christine Lagarde. According to Business Times, she warned that it’s very unhealthy to rely on a single source for critical aspects of daily life. This was highlighted by Russia’s decision to weaponise energy supply following […]

Forbes Blockchain 50 2023
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Despite 2022’s crypto market collapse, writes Forbes, dozens of enterprises around the world are still investing in blockchain, the distributed-database technology that underpins the entire sector because it helps their businesses operate better, faster or cheaper. Crypto is in the toilet, Forbes asserts. Even after a January rally that saw prices jump by a third […]

IoT project turns smartphones into blockchain nodes to broaden connectivity
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A new project aims to use the Internet of Things to let smartphone users establish nodes, providing connectivity to IoT smart devices, report Cointelegraph. Smartphones could become an integral part of blockchain networks, powering connectivity between smart devices in the Internet of Things (IoT) industry. Nodle is the firm behind a connectivity platform that incentivises […]

RMS Titanic artifacts to be tokenised as NFTs in new partnership
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Artifacts recovered from the wreckage of the Titanic will be tokenised using blockchain technology through a partnership driven by the company that acts as steward of the sunken vessel, reports Cointelegraph. A three-way partnership involving the company RMS Titanic (RMST), Hong Kong-based Venture Smart Financial Holdings and Web3 firm Artifact Labs will begin tokenising precious […]

Hundreds of blockchains at risk of ‘zero-day’ exploits, warns security firm
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More than 280 blockchain networks are at risk of “zero-day” exploits that could put at least $25 billion worth of crypto at risk, according to cybersecurity firm Halborn. Cointelegraph writes a 13 March blog post from Halborn warned of the vulnerability it dubbed “Rab13s” — adding it has already worked with some blockchains, such as […]

Crypto bros are fast becoming unbankable
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Crypto bros are quite literally becoming bankless and unbankable, writes Bloomberg. By abruptly bundling crypto-friendly Signature Bank — one of the last of its kind — into receivership amid an extraordinary weekend operation to backstop the US banking system, regulators are sending a message that volatile tokens and decentralised finance need to be kept far […]

Signature Bank shutdown caused by ‘crisis of confidence’ in leadership, says NYDFS
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Signature Bank was not shut down for crypto-related reasons, the New York Department of Financial Services has said, rejecting claims that the regulator took over the bank to send an “anti-crypto message.” NYDFS took over Signature over the weekend (11/03/2023), reports Coindesk, turning it over to the Federal Deposit Insurance Corporation (FDIC). The move followed […]

Pakistan banks agree on blockchain-based KYC system development
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The Pakistan Banks’ Association (PBA), a group of 31 traditional banks operating in Pakistan, has signed off on developing a blockchain-based Know Your Customer (KYC) platform, reports Cointelegraph. On March 2, the PBA signed the project contract to develop Pakistan’s first blockchain-based national eKYC banking platform, as reported by the Daily Times. The move aims […]