Differences Between Web 1.0, Web 2.0, and Web 3.0

Differences Between Web 1.0, Web 2.0, and Web 3.0

The vocabulary of the digital era is unique, comprised of a confusing variety of buzzwords, abbreviations, and many more terms that are just as likely to confound as to educate.  Even though we don’t understand the meaning behind them, these terms have become a part of our everyday vocabulary. For example, the terms “Web” and […]

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UK Regulator: Crypto Firms Undeterred by Strict Regulation — ‘They Know We Have a Good System’

UK Regulator: Crypto Firms Undeterred by Strict Regulation — ‘They Know We Have a Good System’

The Financial Conduct Authority (FCA), Britain’s top financial regulator, has revealed that many crypto firms are still seeking licenses to operate in the U.K. despite failing to meet regulatory requirements the first time. “They know we have a good system of regulation and if they meet our standards that’s important for every jurisdiction that they […]

Report: CME Group to Face off With FTX After Filing for Futures Commission Merchant Status

Report: CME Group to Face off With FTX After Filing for Futures Commission Merchant Status

According to a recent report, the world’s largest derivatives exchange CME Group is looking to register as a direct futures commission merchant (FCM). CME Group’s decision follows the digital currency exchange FTX, as the crypto company applied to become a derivative clearing organization and awaits approval from the U.S. Commodity Futures Trading Commission (CFTC). If […]

Russia to Supply Electricity to Kazakhstan’s Cryptocurrency Miners

Russia to Supply Electricity to Kazakhstan’s Cryptocurrency Miners

Russia is preparing to provide Kazakhstan with additional energy needed to operate crypto mining farms in the Central Asian nation. New arrangements will allow Kazakhstan’s miners to buy electricity directly from the Russian power generation and distribution giant Inter RAO. Miners in Kazakhstan to Source Energy From the Russian Federation Crypto mining enterprises operating in […]

Bill Aims to Limit Crypto Mining in Kazakhstan Only to Registered Companies

Bill Aims to Limit Crypto Mining in Kazakhstan Only to Registered Companies

New legislation proposed in the parliament of Kazakhstan will allow only authorized miners to mint digital currency, if adopted. The draft has been designed to comprehensively regulate the industry and reduce what its sponsors label as uncontrolled consumption of electricity in the sector. Lawmakers in Kazakhstan Submit Crypto Mining Law, Seek to Curb ‘Gray’ Mining […]

Despite the Crypto Market Downturn, DAO Treasuries Grew by 0 Million Since January

Despite the Crypto Market Downturn, DAO Treasuries Grew by $700 Million Since January

Since January 2022, the entire crypto economy has shed $1.36 trillion in value, as the market capitalization dropped from $2.34 trillion to today’s $979 billion. While the crypto economy is down in value, trade volumes are lower, and the value locked in decentralized finance (defi) has shed billions, treasuries held by decentralized autonomous organizations (DAOs) […]

Spanish Soccer League Laliga Partners With Globant to Support New Web3 and Metaverse Initiatives

Spanish Soccer League Laliga Partners With Globant to Support New Web3 and Metaverse Initiatives

Laliga, the premier soccer league organization in Spain, has announced a partnership with Globant, an Argentine software giant, to bring Web3 and metaverse experiences to its fans. The partnership will combine Globant’s tech resources with Laliga’s tech division in order to build products to expand the reach of the organization in the digital realm. Laliga […]

Global Exchange LBank Starts off Brand Update Month With Logo Reveal and Diversity Video

Global Exchange LBank Starts off Brand Update Month With Logo Reveal and Diversity Video

PRESS RELEASE. INTERNET CITY, DUBAI, Sep. 30, 2022 – Global crypto exchange, LBank, released a long-awaited brand-update video on their official youtube channel, giving detailed information about recent updates and plans for the coming years. A diversity video was also released accompanying the brand reveal. This will mark a campaign around the brand upgrade that […]