Dubai, the dazzling metropolis in the United Arab Emirates, has established itself as a premier destination for international conferences. This spring the city hosts a range of blockchain and crypto related conferences. Blockchain Life 2024, scheduled for April 15-16, is
New research from the Bank of International Settlements (BIS) urges policymakers to “future-proof” themselves against the negative impacts of an unchecked metaverse on the digital economy. The BIS research stated that to keep the metaverse from fragmenting and being controlled
Hedera Protocol recently announced the establishment of a $250 million fund dedicated to DeepTech. The objective is to promote web3 education and encourage its adoption in Saudi Arabia. An X announcement disclosed that the partnership will span five years. Between
Bluesky on Tuesday, Feb. 6, dumped its invite-only system and allowed everyone to open an account, garnering more than one million new users, or ‘newskies’, within 24 hours of the announcement. The Jack Dorsey-backed decentralized social media network, one of
Africarare is set to launch its virtual currency, the Ubuntu Token. The token is aimed at becoming a means of payment in the virtual marketplace of the metaverse. It would provide e-commerce and charitable support, with 10% of sales going
Fetch.ai called in administrators Resolve Advisory on Jan. 23 after the startup’s UK business ran into “financial difficulties” that made it impossible for the unit to “pay its debts,” the Evening Standard reports. The decision came after Fetch.ai’s UK arm
Vitalik Buterin has examined the mechanics of artificial intelligence’s incorporation into cryptocurrency and outlined its opportunities and challenges. Vitalik Buterin, the co-founder of Ethereum, spelled out four ways that cryptocurrency and artificial intelligence (AI) may overlap, finding some potential use
In a move towards embracing the future of technology, Japan is positioning itself at the forefront of the web3 era. Masaaki Taira and Hideto Kawasaki, prominent Japanese congress members, have expressed their intent to develop comprehensive policies for web3. This
Cartesi’s Jathin Jagannath highlights regulatory challenges hindering web3 growth in Africa, stressing the need for clarity to spur adoption and innovation in the continent’s digital landscape. Jathin Jagnnath, Cartesi’s developer advocate, expressed the need for improved digital literacy. He stressed
In 2023, web3 apps soared 124%, with blockchain gaming leading the way at 34% dominance. Non-fungible tokens (NFTs) and decentralized finance (DeFi) also surged, reaching $103 billion in TVL. According to a Jan. 11 study from blockchain analytics company DappRadar,
In a year in which AI dominated virtually every economic sector, related cryptocurrency tokens soared in value as investors took positions in a technology that’s being viewed as the next big thing. The broader crypto market bounced back in November,
In 2023, the Web3 landscape experienced a setback, with $1.8 billion lost to hackers and fraudsters. A portion of these losses, about 17%, has been linked to the Lazarus Group, believed to be connected to North Korea. This information emerges
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