Binance Smart Chain Launches New Technical Roadmap

The brand new technical roadmap will play a crucial role in developing the crypto ecosystem. On May 31, the Binance Smart Chain launched its new technical roadmap that strives to boost transaction speeds, network decentralization, and dev support. According to BSC, the brand new decentralized applications (dApps) will provide “increased capacity, faster transactions, increased decentralization, […]

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MAS Launches Project Guardian to Investigate Usage of Digital Asset Tokenization

The project will be piloted by the financial industry to investigate use cases of asset tokenization. On May 31, the Monetary Authority of Singapore (MAS) rolled out its joint venture dubbed Project Guardian to investigate use cases of asset tokenization and economic potential. The initiative will delve into DeFi apps in wholesale funding markets. To […]

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DOST Launches a Blockchain Technology-Focused Training Program

The Department of Science and Technology (DOST) and a number of its in-house researchers are setting their foot into blockchain technology. Last week, DOST-Philippine Council for Industry, Energy and Emerging Technology Research and Development (PCIEERD) Enrico Paringit stated that the training program to delve into blockchain’s possible implementation was successfully launched for qualified researchers in […]

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Panama-Based Banking Institution Towerbank to Accept Bitcoin (BTC)

Towerbank will combat crypto-related scams and aid the development of Panama’s crypto industry. According to the official statement posted on Twitter, Towerbank, one of the most significant banking institutions in Panama, announced that it would start accepting Bitcoin (BTC). This means that from now on, residents will be able to open up their crypto accounts and […]

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Shenzhen to Airdrop 30M E-CNY to Citizens in Order to Boost PCE

Shenzhen is one of the three China’s countries where citizens can pay municipal taxes with digital Chinese yuan. As stated in a recent announcement, a city that links Hong Kong to China’s mainland Shenzhen is planning to airdrop 30M digital Chinese yuan (e-CNY). The crypto tokens will be distributed to local residents in order to […]

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Argentina Explores Crypto Use as Inflation Grows

The central bank’s prohibition of financial institutions using digital assets isn’t stopping Argentines from exploring crypto utilization. For 6 years now, Argentina has been intensively fighting inflation. For instance, the devaluation of the Argentine peso has reduced citizens’ purchasing power due to a variety of issues, including a lack of faith in the central bank […]

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LUNA 2.0 Price Rises About 90% Amid Binance’s Multi-Year Airdrop

Binance is set to launch its airdrops on May 31 at 05:30 AM (UTC). On May 30, the price of LUNA significantly rose about 90% overnight to a high of $11.33 but plunged back to $8.49. Interestingly enough, the massive spike occurred after Binance, the world’s largest cryptocurrency exchange in terms of daily trading volume of […]

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Shiba Inu (SHIB) Founder Ryoshi Erases all Posts and Leaves the Community

The faceless founder erases all his published content, abandons the community, and leaves its members in wonder.  On May 30, the founder of Shiba Inu “Ryoshi” deleted all of his tweets and personal blog posts, including the first-ever crypto-related post dubbed “All Hail the Shiba,” and left the community. It is unclear what led the […]

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Draper Says that Women Will Play a Significant Role in the Next BTC Bull Market

The implementation of Bitcoin (BTC) as a standard payment method might be introduced sooner than expected, as more than 20% of American households possess crypto. Tim Draper, an American VC investor and founder of Draper University, presented an interesting take by suggesting that women will eventually drive the next Bitcoin (BTC) bull market. On May […]

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Crypto Miners in Russia Account for About 2% of Electricity Consumption

Russia’s Vasily Shpak suggests that mining must be regulated and “whitewashed.” As per a recent estimate issued by the Russian government, crypto miners continue to consume around 2% of Russia’s total electricity. Because of such assertions, the industry minister highlighted that particular regulation must be imposed on these kinds of operations in order to avoid […]

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