The following is a guest post from Oleg Fomenko, the CEO of Sweatcoin. In the rapidly evolving landscape of technology, where innovation is standard and breakthroughs are expected, one fundamental principle often gets overlooked amidst the buzz and excitement: understanding the consumer. Tech companies, ranging from Silicon Valley giants to Web3 startups, often find themselves […] The post Following in the footsteps of Reddit and Twitter: Web3 loves alienating its user base appeared first on CryptoSlate. Email Facebook Pinterest Twitter Reddit LinkedIn WhatsAppRead More

The web3 gaming sector has seen growing interest from investors, resulting in notable price surges for gaming tokens in recent weeks, based on CryptoSlate data. Gaming has outperformed other crypto market sectors with an 800% increase in value over the past months. Industry experts believe that gaming is a key narrative in the upcoming bull […] The post Web3 gaming tokens outperform market as hype reaches critical levels appeared first on CryptoSlate. Email Facebook Pinterest Twitter Reddit LinkedIn WhatsAppRead More

The European Union (EU) is leading the race to regulate artificial intelligence (AI). Putting an end to three days of negotiations, the European Council and the European Parliament reached a provisional agreement earlier today on what’s set to become the world’s first comprehensive regulation of AI. Carme Artigas, the Spanish Secretary of State for digitalization […] The post EU set to adopt world’s first AI legislation that will ban facial recognition in public places appeared first on CryptoSlate. Email Facebook Pinterest Twitter Reddit LinkedIn WhatsAppRead More

The crypto market is buzzing with the potential revival of an altcoin season, as evidenced by the impressive performance of various altcoins over the past month amid growing investor interest. This revival is underpinned by a shift in investor sentiment and interest in altcoins with solid fundamentals and compelling narratives. The surge in altcoin trading […] The post Avalanche and Cardano post double-digit gains amidst growing altcoin rally appeared first on CryptoSlate. Email Facebook Pinterest Twitter Reddit LinkedIn WhatsAppRead More

Tokensoft, a notable digital asset and compliance platform, has recently announced its partnership with Chainwire, a leading blockchain PR distribution service. This collaboration aims to bolster Tokensoft’s presence in the crypto world by leveraging Chainwire’s state-of-the-art PR platform. The partnership is a strategic move to enhance Tokensoft’s communication and outreach to crypto communities globally. Tokensoft […] The post Tokensoft partners with Chainwire to enhance crypto PR outreach appeared first on CryptoSlate. Email Facebook Pinterest Twitter Reddit LinkedIn WhatsAppRead More

A court filing submitted on Dec. 8 indicates that former Binance CEO Changpeng Zhao could be deposed in the class action suit Sizemore v. Zhao, in which plaintiffs seek over $1 billion in damages. The latest filing indicates that plaintiffs have moved for leave to take one deposition of Zhao, who is also a defendant in […] The post Ex-Binance CEO Changpeng Zhao faces potential deposition in billion-dollar class action lawsuit appeared first on CryptoSlate. Email Facebook Pinterest Twitter Reddit LinkedIn WhatsAppRead More

Lawmakers have removed crypto provisions from the 2024 National Defense Authorization Act as it heads to a final vote. The 2024 National Defense Authorization Act heads to near-certain approval without new rules on cryptocurrencies after negotiators stripped the crypto language to ease passage in both chambers. Despite the legislation retaining broad provisions on existing security […] The post 2024 U.S. defense bill drops crypto rules from legislation appeared first on CryptoSlate. Email Facebook Pinterest Twitter Reddit LinkedIn WhatsAppRead More

The U.S. Securities and Exchange Commission (SEC) disclosed on Dec. 7 that it met with Fidelity regarding the firm’s spot Bitcoin ETF application. The securities regulator said that several members of its Division of Corporate Finance met with members of Fidelity on the day of the notice’s publication. Several members of CboeBZX also attended the […] The post Fidelity pitches spot Bitcoin ETF model to SEC as regulatory talks advance appeared first on CryptoSlate. Email Facebook Pinterest Twitter Reddit LinkedIn WhatsAppRead More

Palau’s Ministry of Finance released a detailed report on the first phase of its groundbreaking Ripple-based stablecoin program on Dec. 7. The country conducted the pilot project with Ripple’s Central Bank Digital Currencies (CBDC) and Central Bank Engagements teams. The program additionally used Ripple’s CBDC platform on a technical level. Palau said that it launched […] The post Republic of Palau reports high satisfaction in Ripple-based CBDC pilot appeared first on CryptoSlate. Email Facebook Pinterest Twitter Reddit LinkedIn WhatsAppRead More

U.S. Senators Mitt Romney (R-UT), Mark R. Warner (D-VA), Mike Rounds (R-SD), and Jack Reed (D-RI) have proposed legislation aimed at sanctioning foreign entities that facilitate financial transactions, including digital asset transactions, with Foreign Terrorist Organizations (FTOs) designated by the U.S. The bill, titled the Terrorism Financing Prevention Act, is a response to the increasing […] The post Senate bill adds to growing list of digital asset legislation moving through Congress appeared first on CryptoSlate. Email Facebook Pinterest Twitter Reddit LinkedIn WhatsAppRead More