Get to know USA stories in News words
[ad_1] Owing to a rise in financial scams linked to cryptocurrencies, several traditional banks in Australia have decided to pull back support for crypto exchanges. The National Australia Bank (NAB) has joined others in halting payments to crypto exchanges that have been frequently named in scam-related complaints. Earlier this month, Australia’s largest lender, the Commonwealth … Read more
[ad_1] The funding into the Web3 ecosystem has dropped significantly between June 2022 and June 2023. In the first half of last year, projects and startups related to Web3 had managed to raise $16 billion (roughly Rs. 1,31,404 crore) in funding. On the other hand, up until June this year, only $3.6 billion (roughly Rs. … Read more
[ad_1] A cryptocurrency developer’s landmark legal victory against the US Securities and Exchange Commission (SEC) will galvanize Coinbase and other companies to resist the agency’s attempt to assert its jurisdiction over the industry, experts said. Thursday’s ruling that Ripple Labs did not violate securities law by selling its XRP token on exchanges was the first … Read more
[ad_1] The European Union (EU) is looking to set up a bunch of regulations to govern people’s existence in the metaverse. A fully functional virtual universe built on blockchain, the metaverse allows people to exist as digital avatars and perform activities related to working, gaming, and socialising. The EU has noticed that the metaverse is … Read more
[ad_1] Asia, the largest continent comprising 51 nations, is garnering the attention of Web3 players from different parts of the world, owing to its diverse market. ‘Account abstraction’ or Blockchain-based smart accounts could be the next thing that could onboard billions of Asians onto Web3, industry experts seem to believe. Essentially, account abstraction is a … Read more
[ad_1] Authorities in India seem to be warming up to the crypto sector, as we get closer to December when India’s G20 Presidency will conclude, hopefully with a detailed set of regulations to govern the sector. Rajeev Chandrasekhar, the Union Minister of State for Electronics and Information Technology, has acknowledged that crypto and Web3 are … Read more
[ad_1] Lacoste, a French designer brand that has been pro-Web3 for a while already, is stepping into deeper waters with its blockchain exploration. The company has decided to add more functionality to its NFT ecosystem, that it first brought to life in June 2022 with its UNDW3 collection. Lacoste wants to reward the holders of … Read more
[ad_1] Mastercard is foreseeing a future for money, that would bring people plenty of options to decide from on how they wish to utilise their assets. The card payments major has predicted that blockchain can bring that element of programmability to money as we know and use today. To make blockchain-based financial ecosystems secure, scalable, … Read more