The Chinese Ministry of Public Security plans to roll out a new blockchain-based platform called RealDID to verify the real-name identities of its citizens. According to a press release for an event held on Dec. 12 by the Blockchain-based Service Network (BSN), a Chinese blockchain firm, the project, planned with the Chinese government, will have multiple use cases. These include personal real…
Disney and Funko release trading card NFTs Pop culture collectible manufacturer Funko has collaborated with Disney to launch nonfungible token (NFT) trading card packs, transforming their notable “Pop!” figurines into digital trading cards on the WAX blockchain. “Funko Pop!” collectibles are physical figures known for their compact size and bobbleheads. Many of these are sought after by collectors, with some…
El Salvador’s planned Bitcoin bonds have received regulatory approval from the country’s Digital Assets Commission (CNAD). The country’s National Bitcoin Office (ONBTC) announced the news in a tweet, stating that it expects the bond to be issued “during the first quarter of 2024.” “This is just the beginning for new capital markets on #Bitcoin in El Salvador,” the ONBTC added.…
The lawyer responsible for Sam Bankman-Fried’s criminal trial defense has admitted that the case was “almost impossible” to win from the outset. In a one-on-one interview with Bloomberg, Stanford Law School professor David Mills recounts how Bankman-Fried’s reluctance to follow his recommendations, as well as the damning testimony of his former associates, had the FTX founder’s back against the ropes.…
Mirai Labs, the crypto gaming studio behind the blockchain game Pegaxy—as well as the PGX token, the Petopia app, Mirai app, and Mirai Pay—has moved its entire ecosystem to its own Avalanche subnet, Mirai has shared exclusively with Decrypt. In an interview, Mirai Labs CEO and co-founder Corey Wilton shared that Mirai’s CTO, Steve Nguyen, spurred the move to Avalanche.…
My Neighbor Alice, a long-running blockchain game launched in 2021, has migrated from BNB Chain to the new Chromia network in the run-up to Chromia’s mainnet launch. Developed by Antler Interactive, My Neighbor Alice is a fully on-chain game in the spirit of big Web2 hits like Animal Crossing and Minecraft, letting players do things like farm, fish, and socialize…
A group of four senior judges in the United Kingdom has issued judicial guidance for artificial intelligence (AI), which deals with the “responsible use” of AI in courts and tribunals. The guidance, published on Dec. 12, is directed toward magistrates, tribunal panel members and judges in England and Wales, and is intended to inform and warn court officials The guidance points out…
Dubai’s Virtual Assets Regulatory Authority (VARA) granted a conditional license to Enjinstarter’s AYA platform for offering crypto asset and investment services. On Dec. 11, the Dubai arm of Web3 launchpad and advisory firm Enjinstarter received a crypto license that is subject to the fulfillment of certain conditions before the commencement of services. After fulfilling all the requirements the Dubai regulator…
Bitcoin (BTC) faces an uphill struggle to reignite its uptrend after its biggest one-day losses of 2023. The largest cryptocurrency continues to claw back lost ground after falling to lows of $40,200 after the Dec. 10 weekly close, the latest data from Cointelegraph Markets Pro and TradingView shows. BTC/USD 1-hour chart. Source: TradingView With BTC price action taking a break…
Bitcoin core developer Luke Dashjr has denied playing any part in adding Bitcoin inscriptions as a cybersecurity risk on the United States National Vulnerability Database’s (NVD) Common Vulnerabilities and Exposure (CVE) list. Dashjr courted controversy in a Dec. 6 post to X (formerly Twitter) claiming that Inscriptions — used by the Ordinals Protocol Ordinals and BRC-20 creators to embed data…
